The authors identify bottlenecks in the oil the oil and gas value chain that physically cause upstream flaring at the well; analyze the economic reasons for flaring, market distortions that could exacerbate it, and the cost to society of flaring, then lay out an agenda for researchers and policymakers.
Mark Agerton, Ben Gilbert, Gregory Upton Jr.July 22, 2020
Kelly Neill, graduate fellow at the Center for Energy Studies, examines how LNG exports have increased the domestic natural gas price in the eastern part of Australia, causing domestic gas users to grumble. Baker Institute Blog: https://bit.ly/30voN4p
Prices of natural gas have fallen precipitously in recent months as the global COVID-19 pandemic deepened the already existing misalignment between growing supply and relatively sluggish demand. Post-COVID-19 recovery should increase the demand through 2022, but a soft market is expected to continue through 2025. These conditions could provide an unprecedented opportunity for natural gas buyers/importers.
The staggering collapse in Venezuela's oil and gas industry has renewed calls for liberalizing reforms. But a democratic transition and legal reforms may not be enough to attract the large investments needed.
The drastic impact of the Covid-19 pandemic on organized crime in Mexico requires policymakers and law enforcement in the U.S. and Mexico to adapt their strategies, the authors write.
Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.
What role does natural gas play in Russian foreign policy and domestic politics? Anna Mikulska, nonresident fellow in energy studies, takes an in-depth look at the last two decades of Russian gas policy. Orbis: https://bit.ly/38kB0wa
Parental stress, which is heightened during natural disasters, can produce negative physiological responses in the developing brains of their infants and young children. This irreversibly alters the child’s brain structure, impacting their long-term prospects for good health and academic and economic success. Now is the time to institute policies and practices that mitigate the effects of the Covid-19 pandemic on the next generation, write the authors,
Changes in Russian natural gas policy point to a new strategy where Gazprom and Novatek follow different operating rules, allowing Russia to adjust to a changing natural gas market. The authors explain how this arrangement is playing out on the world energy landscape.
Public finance fellow Joyce Beebe reviews loan programs and proposals that aim to fund mid- to large-sized entities and nonprofit organizations after the Paycheck Protection Program (PPP) stops accepting applications on June 30, 2020. Baker Institute Blog: https://bit.ly/3dh14sT
