Research Library

Despite innovations in information and communication technologies, Mexico has experienced slow productivity and GDP growth over recent decades. For insights into why the country’s economic progress has been limited, read nonresident scholar James Gerber’s new research paper for the Center for the U.S. and Mexico.

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.

Ken Medlock offers a brief history of the Center for Energy Studies and an overview of its data-driven, cross-cutting research on the forces propelling energy market evolution.

The challenges faced in the Texas electricity market are well publicized, but not insurmountable. Julie A. Cohn presents key findings and recommendations to address concerns about the reliability of the Texas energy grid. Several issues to watch have bearing on the state’s economy and the well-being of its population. Moreover, the outcomes of proposed policies to address various issues carry implications for electrification and the deployment of renewable energy well beyond Texas.

Ted Loch-Temzelides discusses how Germany, once Europe’s economic leader, is now struggling with high energy prices and poor economic performance. This is bringing a new focus on controversial energy policies, including an emphasis on specific energy types, a reliance on Russian gas, and the closure of nuclear plants.

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 Latin American does not stop with hydrocarbons: It extends into metals and minerals as well. The demand for critical minerals such as copper and lithium is projected to at least double by 2030. Tilsa Oré Mónago discusses the role of South America in responding to the growing demand for critical minerals in light of clean energy transition plans, as well as the challenges to be faced in doing so.

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.