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253 Results
latin america
Latin America Initiative | Commentary
Dilma’s Nightmare: Venezuelan Crisis Spills Into Brazil
Although the hemisphere is keen to insulate itself from Venezuela’s political and economic problems, the country constantly challenges regional capabilities in crisis management. The latest victim of the turmoil in Venezuela is the Brazilian government.
July 16, 2015
US Capitol
Medlock Testifies Before Congress
Kenneth Medlock, senior director at the Center for Energy Studies, testified before the U.S. House of Representatives’ Committee on Small Business on June 17. Medlock testified for the committee’s hearing, “Crude Intentions: The Untold Story of the Ban, the Oil Industry and America’s Small Businesses.” He discussed the latest CES study, “To Lift or Not to Lift? The U.S. Crude Oil Export Ban: Implications for Price and Energy Security,” which analyzes the economic and energy security impacts of the 40-year-old ban on oil exports.
Kenneth B. Medlock III June 17, 2015
Satellite image of Persian Gulf
Revamping Energy Policy in Saudi Arabia: A View to the Future
The accession of a new king in Saudi Arabia and the kingdom’s intervention in Yemen have overshadowed important moves to reform two of the kingdom’s key institutions. Incoming King Salman has taken steps to prepare Saudi Arabia for a new generation of leaders, both within the royal family and among the world’s largest oil export sector and its marquee company, Saudi Aramco. The changes involve installing new personalities into key positions and shifting the roles of long-serving managers. "Overall, the moves ought to enhance the resilience of the kingdom and its economy by shifting leadership responsibilities to a younger generation," writes fellow Jim Krane.
Jim Krane June 9, 2015
To Lift or Not to Lift? The U.S. Crude Oil Export Ban: Implications for Price and Energy Security
This study examines the effects of lifting the 40-year-old U.S. crude export ban on crude pricing, energy security and energy sector investment. It includes a statistical analysis that explains what the relationship would be between the prices of crudes of different qualities in an unconstrained setting, which, according to author Ken Medlock, is important to providing a more accurate assessment of the impact of current U.S. policy.
Kenneth B. Medlock III March 24, 2015
A map focused on Venezuela.
Latin America Initiative | Commentary
Stabilizing Maduro
In contrast to the generally accepted view of U.S. policy toward hostile regimes, especially in the Caribbean basin, Washington is not trying to destabilize the government of Venezuela. In fact, it is making efforts to keep Nicolás Maduro in office. With U.S. foreign policy in a precarious position — facing challenges from ISIS, Russia and China — stabilizing the Maduro government looks like the most rational option to support the White House’s current interests in the Western Hemisphere.
March 10, 2015