Research Library

Brazilian President Dilma Rousseff is starting her second term in office facing economic and political problems that feed into each other. These problems can be attributed to a large extent to mistakes her administration made during her first term. Rousseff’s macroeconomic policy proved to be inconsistent, and the choices she made in some key economic sectors, especially energy, were demonstrably disastrous. Rousseff now faces the enormous challenge of reconciling the leftwing populism that led her to victory with the inescapable need to regain the trust of the most dynamic sectors of Brazilian society, including the private sector.

This paper investigates how new potential and proposed regulations will influence the natural gas market in the United States in the coming decades, using the Rice World Gas Trade Model (RWGTM) to examine scenarios in which domestic natural gas development is stressed in a variety of ways. It considers a range of possible policy actions from the federal to the local level.

After more than half a century of a highly restrictive policy toward Cuba that ranged from an economic embargo to prohibiting most travel by U.S. citizens to the island, President Obama announced on Dec. 17, 2014, that Washington and Havana hope to restore diplomatic relations in the near future. While President Obama's new Cuba policy falls short of lifting the embargo, which can only be done through congressional action, it nonetheless represents a historic shift in U.S. relations and leadership in Latin America.

Although there are enormous potential benefits for Mexico's energy sector in the future, there are also important challenges the country must overcome to fully realize its energy potential. One of them has to do with the land ownership and land use regime in Mexico. As the legislative debate on the new Ley de Petróleos and the Ley de la Comisión Federal de Electricidad (Petroleum Act and Federal Electric Utility Act) proceeded in the summer of 2014, the Mexican Congress anticipated potential land-related conflicts associated with exploration and production activities related to hydrocarbons and new energy-related infrastructure projects. These potential conflicts stem from the fact that all of these projects will necessarily require the right of way to access and work on the resources in the subsoil of privately owned as well as on so-called “socially owned” lands in regions targeted for energy development. Thus, the Mexican Congress sought to avoid land-related conflicts by including language related to land ownership and use in the new energy legislation. The legislation, however, may not be able to prevent such conflicts.

The Texas coast is one of the most ecologically productive and least appreciated natural assets of the United States. Unfortunately, this coastal resource is being destroyed by the various management actions (or inactions) of the state of Texas. It is not too late to reverse this destruction, but major policy shifts will be required to alter this trend.

The changing regional geopolitics of the Middle East have created new opportunities for the Gulf states to engage in Arab-Israeli conflict resolution after the Arab Spring. This policy report examines the potential role that the six Gulf Cooperation Council (GCC) states — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) — might play in Israeli-Palestinian conflict resolution. It presents policy recommendations on how the Gulf states can engage with regional and international partners and build upon the greater space for action as the shifting parameters of Middle East politics create new regional pathways for action and cooperation.

This issue brief proposes a framework for awarding bids in a public tender for exploration blocks. The context for the proposal is Mexico’s energy reform of 2013-2014.

On May 22, the House of Representatives passed the National Defense Authorization Act for Fiscal Year 2015, which specifies the budget and expenditures of the United States Department of Defense and sets the policies under which money (somewhat in excess of $600 billion) will be spent on our country’s defense. However, an amendment added to the bill will keep the Department of Defense from preparing for or performing any military activities that include any construction related to climate change.

Under proposed legislation to implement Mexico’s energy reforms, Pemex will remain a privileged state operator supporting exploration and production in most of the country's proven onshore and shallow water fields. It is not known if energy reform will effectively turn Pemex into a firm able to compete without policy bias against private investors.

Mexico's organized crime groups have expanded into areas that include the theft of crude oil, gas and gasoline. The impact of organized crime on the energy sector is a real threat to the intended effects of Mexico's energy reforms.