Research Library

Is global oil demand going to rise or fall? And are forecasters analysts or advocates? Recently, variances have increased across long- and short-term oil market forecasts from major institutions — carrying implications for global oil prices, sustainability, and economies. A brief by fellow Mark Finley traces the growing disparities in oil demand projections and examines the need to recognize shifting institutional bias’s role in these projections.

Gabriel Collins discusses how global events and rising energy demands are impacting Western-led energy transition efforts, with developing Asia taking a lead. The evolution of the global economy, the energy system that fuels it, and policies shaping regional directions all have ramifications for countries that have been economic stalwarts.

The Middle East remains a vital supplier of oil and gas resources, but it could begin to take on a different role. Jim Krane discusses the region’s emerging energy strategies in light of energy transitions, highlighting challenges and opportunities for decarbonization.

After seven years of steady decline and an accumulated drop of 25%, Latin America’s crude oil production has recovered by more than 9% over the past two years, thanks to significant growth in Guyana and Brazil and smaller increases in Argentina and Venezuela. Francisco J. Monaldi walks us through these developments and what could be ahead for the region.

The link from resource endowment to profitability is intimately tied to the full supply chain. In the U.S., concern about market concentration in China is motivating policy intervention to reorient supply chains in the interest of energy and national security. This is not without its obstacles, however. Michelle Michot Foss discusses how new U.S. laws intersect with the challenges of aligning materials supply chains with green energy goals amid political and economic pressures.

Despite its uncertain future in the context of energy transitions, oil remains the largest global energy source, and oil markets will continue to demand attention in the near term given their economic and geopolitical impacts. Mark Finley discusses global oil production, demand, and implications.

If China coercively annexed Taiwan, it would be a devastating loss for America. This paper assesses key consequences and argues that the U.S. must urgently prevent such an outcome.

Farm labor shortages put pressure on the United States’ food security, the livelihoods of farmers and farmworkers, and the economies and identity of rural communities. In a new Center for the U.S and Mexico research paper, Alejandro Gutiérrez-Li, assistant professor at North Carolina State University, examines the crucial role played by Mexican immigrant farmworkers in putting food on American tables.

Nearshoring is gaining global economic significance, with Mexico poised to capitalize on this trend due to its proximity to the U.S., skilled work force, and other competitive factors. A brief commissioned by the Center for the U.S. and Mexico outlines these advantages and discusses the infrastructural challenges that Mexico must overcome to unlock its nearshoring potential.

Nearshoring offers Mexico a major economic opportunity; however, current policy hindering power expansion, energy transition, and private investment forestalls this prospect. A report by the Center for the U.S. and Mexico on their collaborative workshop series with Tecnológico de Monterrey dissects the power sector’s critical role in nearshoring efforts and offers policy recommendations for a way forward.