The Saudi leadership has repeatedly rebuffed requests from President Biden and leaders of oil-importing countries to accelerate production increases. But recent price differentials could signal an intent to quietly steer crude into Europe to replace Russian supplies, writes the author. Read the post on the Baker Institute Blog.
This article originally appeared in the Forbes blog on May 4, 2022.
The author gives the latest in a series of updates on inventories of DUCs, or drilled-but-uncompleted wells, using data from EIA on drilling productivity. Read the post on the Baker Institute Blog.
This post originally appeared in the Forbes blog on March 17, 2022.
Many climate policy approaches place a disproportionate burden on lower-income families, writes fellow Mark Finley. Political leaders have started to recognize that climate policy must approach fossil fuels and energy transition as an “AND”, not an “either/or”, and that the distributional impact of policy must also be addressed. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on January 26, 2022.
A lignite mine on the border of Poland and the Czech Republic is caught between global environmental and local economic concerns. For COP26 to make headway on climate action, the authors write, it must consider the local implications while proposing solutions.
In the push for decarbonization, "turquoise" hydrogen offers a unique, commercially viable technology that reduces CO2 emissions, argue Rachel A. Meidl and Kenneth B. Medlock III.
Rachel A. Meidl, Kenneth B. Medlock IIISeptember 23, 2021
U.S. producers have sustained oil supply by feathering their beds with “DUCs down” — their large inventory of drilled-but-uncompleted wells. Could they exhaust the DUCs? What then? Energy fellow Mark Finley explains on the Baker Institute Blog.
How did the pandemic impact energy markets around the world? The results of this year's bp Statistical Review of World Energy show how the U.S. led the widespread decline in energy production, oil was the energy type most impacted by shutdowns, and global trade for fossil fuels fell more rapidly than production.
Today’s oil market contains not one, but two prisoner’s dilemmas: traditional OPEC+ members, policed by Saudi Arabia, and a new dilemma with U.S. shale producers, policed by their investors. This boosts the prize for cooperative behavior but also raises new risks. Energy fellow Mark Finley explains.
The recent cyberattack on the Colonial Pipeline, one of America’s most critical pieces of energy infrastructure, offers lessons in the crucial role of energy storage and the importance of cybersecurity for maintaining our nation’s long-term energy security, writes Kenneth B. Medlock III, the senior director of the Center for Energy Studies, in a post for the Baker Institute Blog.