Research Library

Abu Dhabi has shown increasing discomfort with OPEC’s actions in recent years. Do diverging interests spell departure? Fellows Jim Krane, Kristian Coates Ulrichsen and Mark Finley weigh the risks and opportunities of an OPEC exit by the UAE.

How durable is the Saudi-Russian relationship, and what are its implications for the longstanding energy-for-security arrangement between Saudi Arabia and the U.S.?

The authors evaluate the global oil market's ability to deal with a disruption of Russian production and exports after Russia's invasion of Ukraine.

In an extension of an earlier analysis prepared for the American Action Forum, the authors use the Diamond-Zodrow computable general equilibrium model of the U.S. economy to simulate the macroeconomic effects of a 10-year fiscal plan financed by tax changes proposed by Joe Biden’s 2020 presidential campaign.

More than a decade after G20 representatives pledged to phase out fossil fuel subsidies, significant barriers to a full retraction remain. This paper examines the political and social rationale behind fossil fuel subsidies, the factors that make them so difficult to retract, and offers policy recommendations aimed at easing the path to subsidy reform.

In this paper, authors examine the concerns raised by a new wealth tax and analyze the economic effects of the tax using a computable general equilibrium model.

Understanding the strategic and tactical considerations of Saudi Arabia will be the key factor for the success of U.S. policy in the wake of the oil price crash and Covid-19 outbreak.

Recent developments in the oil kingdoms of the Middle East demonstrate that rentier governments are engaging their citizens with energy policymaking in ways that do not follow rentier state theory, writes fellow Jim Krane.

A newly released study from the Project on Middle East Political Science at George Washington University includes a contribution from fellow Jim Krane on subsidy reform and tax increases in the Middle East.

Saudi Arabia’s massive hydrocarbon endowment and ownership of Islamic holy sites have created a unique political economy. In this research paper, energy fellow Jim Krane explores established policy practices and assesses Saudi Arabia’s emerging strategy for future participation in the oil business.