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45 Results
Middle East
Winter Is Coming: Controlled Conflicts and the Oil-price Geopolitical-risk Premium
This paper presents a simple dynamic growth model of investment, consumption, passive military spending, and active military spending for an oil-exporting country. It argues that under conditions of significant geopolitical strife, a country might engage in a military conflict of limited scope and extent to drive up oil prices and revenues.
Mahmoud A. El-Gamal November 21, 2016
To Lift or Not to Lift? The U.S. Crude Oil Export Ban: Implications for Price and Energy Security
This study examines the effects of lifting the 40-year-old U.S. crude export ban on crude pricing, energy security and energy sector investment. It includes a statistical analysis that explains what the relationship would be between the prices of crudes of different qualities in an unconstrained setting, which, according to author Ken Medlock, is important to providing a more accurate assessment of the impact of current U.S. policy.
Kenneth B. Medlock III March 24, 2015
Map of Middle East.
Qatar 'Rises Above' Its Region: Geopolitics and the Rejection of the GCC Gas Market
There is a curious imbalance in energy markets in the Persian Gulf region: Five of the six Gulf monarchies exhibit shortages in domestic supply of natural gas. Meanwhile, Qatar holds the world's third-largest conventional reserves and is the world's No. 2 gas exporter. Why is Qatar, given its enormous resources and relatively small domestic needs, unwilling to supply gas sufficient to meet its neighbors' demand?
Jim Krane, Steven Wright March 18, 2014