The Energy Crisis Is Global
As Russia plays hardball with Europe’s gas supply, the continent is staring down a worrisome energy future—and it’s not alone. Read More Here
Tag: Energy
The Energy Crisis Will Deepen
Today’s global energy crisis could turn out to be even worse than what the world experienced in the 1970s. Much will depend on more informed collaboration between governments and industry leaders, with policymakers properly understanding and managing the energy flows on which modern economies depend. Read More Here
Biden’s Difficult Task: Reviving US Partnerships In The Middle East
As President Joe Biden prepares to travel to the Middle East, his administration faces several challenges in its relations with Israel, Saudi Arabia, and other regional (non-treaty) allies. Read More Here
China’s Russia Risk
Prior to Russia’s invasion of Ukraine, Chinese President Xi Jinping was likely adding up the benefits of his warming relationship with Vladimir Putin. His Russian counterpart was pushing back against U.S. power, straining American alliances in Europe, and harassing a young democracy next door in Kyiv—all at almost no cost to China. Read More Here
Oil Majors Won’t Come Running To Help World Facing Energy Crunch
The world’s biggest energy companies are producing the most cash in years, but don’t expect them to spend it on bringing on fresh supplies of oil and natural gas to combat shortages in Europe and China this winter. Read More Here
It’s The Energy Policies, Stupid
If renewable energy sources like wind and solar are now competitive with fossil fuels, what’s stopping advanced economies like the United States from quickly shifting to a 100% clean-energy system? The short answer is that politicians are standing in the way of both markets and public opinion. Read Here | Project Syndicate
After Decades Of Wrong Predictions, Oil May Finally Be Peaking
After one of the most dramatic stretches in its history, the oil industry is slowly recovering. March and April saw the toxic combination of depressed demand, excessive supply, limited storage capacity, and intense financial speculation that turned prices on one index negative. Although concerns about a second wave of coronavirus infections remain high, demand is […]
COVID-19 Has Killed The Oil Market’s Old Paradigms
During normal times, if the world’s petroleum producers announced an agreement to slash output, oil prices would immediately spike. During normal times, lower crude prices would boost economic growth. During normal times, low oil prices might be reason to celebrate. But if there is one fact we can agree on, it is that these are […]
OPEC+ Deal Won’t Save Covid-19 Crashed Oil Prices
Global oil markets received the price war truce they had long sought, but hopes for a significant and sustained rebound in prices are still likely misplaced. OPEC+, the group of oil producers led by Russia and Saudi Arabia, respectively the world’s second and third largest crude producers and top two exporters, reached a tentative agreement […]
Striking Oil Ain’t What It Used To Be
At a time when many countries are finally trying to reduce their reliance on fossil fuels, the world is suddenly awash in oil and gas discoveries. But for the countries with the newest finds, many of them in Africa and South America, mineral wealth may not be the bonanza it was in decades past. Read […]
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