The oil production targets agreed to at the November 30, 2016, OPEC meeting have created the firmest prospect in the past two years of a meaningful oil price recovery. If WTI prices rise and stabilize in the $60/bbl range, how fast can U.S. shale producers respond? This brief addresses the question and highlights the challenges U.S. unconventional liquids producers will likely face during a scale-up. It also points out price and timing inflection points likely to broadly influence industry decision-making.
Gabriel Collins, Kenneth B. Medlock IIIJanuary 17, 2017
Although the energy challenge is significant and requires a long-term view to be successfully addressed, long-term goals can be sustainably achieved through fundamental research and development.
With growing competition from abroad, the U.S. must reform its fiscal policy to reduce debt, maximize economic efficiency — including minimizing the distortions caused by the tax system — and maintain its areas of competitive advantage.
This conference report summarizes findings from a lecture by Diego Rodriguez for the event "From the 'What?' to the 'How?' in the Water-Energy Nexus: Challenges, Opportunities and Lessons Learned."
Regina M. Buono, Anna B. Mikulska, Shih Yu (Elsie) Hung, Kenneth B. Medlock IIIJuly 27, 2016
This report summarizes the perspectives of panelists at the conference “Confronting Climate Change: Policies and Opporturtunities,” held Oct. 22, 2015, at the Baker Institute.
Regina M. Buono, Shih Yu (Elsie) Hung, Kenneth B. Medlock IIIFebruary 4, 2016
While the recent fiscal troubles in Greece have received much attention, the U.S. fiscal position is hardly comparable to that of Greece. However, the United States is experiencing, and will continue to experience, one of the fundamental economic costs of relatively large and persistent deficits.