Despite U.S. officials’ attempts to persuade Mexican President Andrés Manuel López Obrador to change course on his energy policy, which violates key provisions of the USMCA, his administration has not backed down, the authors write. They explain where the disputes between the U.S. and Mexico currently stand and what they mean for other aspects of the binational relationship.
Though the OPEC+ group has agreed to accelerate planned oil production increases, the move will likely do little to reduce prices at the pump, despite a major U.S. concession, writes author Mark Finley — and Russia appears to support the plan. Read more on the Baker Institute Blog.
This article originally appeared in the Forbes blog on June 6, 2022.
"Creating a global norm for PPA transparency is a zero-cost step to help provide energy for everyone and deliver on the low carbon future we all need," write the authors. Read their post about power purchase agreements on the Baker Institute Blog.
This article originally appeared in the Forbes blog on June 1, 2022.
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.
In October the UAE declared a goal of reaching net-zero emissions by 2050. That goal seems incredibly lofty for an oil-dominated economy, but the UAE's particular advantages may uniquely suit the task, energy fellow Jim Krane explains in this week's Forbes post.