Reality bites Biden
For a president who sought to walk away from the Middle East, focus American foreign policy toward its traditional alliances, and end America’s oil dependency, Joe Biden’s policy of treating the Saudis...
OPEC
Biden’s Saudi Arabia Opportunity
The president’s first trip to the Middle East offers a chance to make meaningful gains.
Op-eds
Putin Just Pushed the World Into an Even Bigger Energy Crisis
Even without sanctions, Russia’s war will increase the shortage of oil and gas.
Op-eds
It’s Time to Be Honest About Fossil Fuels’ Role in Energy Transition
As soaring fuel inflation turns into a political risk, Biden needs a smarter energy policy fast.
Op-eds
Chill out about global warming
The evidence doesn’t establish that it’s ‘the existential threat’
Op-eds
Is Europe’s Energy Crisis a Preview of America’s?
Europe has itself to blame for shortages and spiking prices, but Washington is copying many of its policies.
Op-eds
Oil Prices Reach Highest Level Since Beginning of Pandemic
The Brent and West Texas Intermediate oil benchmarks are both now back up to their pre-COVID-19 lockdown levels, reaching their highest point last week since March 2020. While oil prices took a dip today...
Policy Briefs
Oil Prices – More Like Post-9/11
After a precipitous drop, the oil market has rebounded significantly over the past month, much like it did during the post-9/11 period, when oil prices recovered as travel returned to normal levels. As...
Policy Briefs
Historic Oil Price Crash Highlights Holes in U.S. Energy Security
U.S. oil prices went into negative territory for the first time last Monday, underscoring the extent to which the oil market is oversupplied. The price rout indicates that more pain lies in store for U.S....
Policy Briefs
COVID-19 in the Gulf
The coronavirus pandemic and Russian-Saudi oil price war have triggered an historic drop in oil prices, shaking the economic and fiscal foundations of the oil-dependent Arab Gulf states and stretching their...
Policy Briefs
Energy Markets After Covid-19
The global oil market entered the COVID-19 crisis with extreme supply excess, created by record U.S. and Russian production alongside an intentional production increase by Saudi Arabia. This week, on April...
Insights
A Deal to Stop the Saudis From Drowning U.S. Shale Would Come None Too Soon
Trump has finally realized the U.S. energy industry is under attack. Better late than never.
Op-eds
The United States is still too reliant on oil
Oil prices have been cratering in the wake of Saudi Arabia’s decision to ramp up production and offer customers a discount for its crude. A decade ago, that would have been welcome news for the United...
Op-eds
There could be trouble ahead for Saudi Arabia’s economy
The stars of the business world returned last week to Saudi Arabia’s so-called Davos in the Desert, a conference formally known as the Future Investment Initiative (FII). Last year, several CEOs...
Op-eds
Russia-Saudi Rapprochement?
Russian President Vladimir Putin visited Saudi Arabia on Monday. During the visit, the two sides signed numerous agreements, most notably on oil and investment. Even as Moscow and Riyadh differ in their...
Policy Briefs
U.S. Deploys Carrier Strike Group to Counter Iran
The Trump administration has dispatched the Abraham Lincoln Carrier Strike G...
Policy Briefs
U.S. Aims Lethal Blow at Tehran’s Finances by Prohibiting Oil Exports
Secretary of State Mike Pompeo announced yesterday that the U.S. would stop granting the waivers that have allowed select impor...
Policy Briefs
Iranian Oil Exports Continue to Surge Despite U.S. Sanctions
Iranian oil exports climbed to roughly 1.7 million barrels per day in March, an increase of 70 percent compared to three months earlier. This poses a direct challenge to the Trump administration, whic...
Policy Briefs
OPEC’s reputation in D.C. is hurting. Qatar’s exit will make it worse.
Qatar recently announced that it will ...
Op-eds
Energy Security Is the Real Way to Put America First
Since withdrawing from the Iran nuclear deal in May, the Trump administration has faced a serious dilemma. On one hand, with the upcoming ...