The oil production targets agreed to at the November 30, 2016, OPEC meeting have created the firmest prospect in the past two years of a meaningful oil price recovery. If WTI prices rise and stabilize in the $60/bbl range, how fast can U.S. shale producers respond? This brief addresses the question and highlights the challenges U.S. unconventional liquids producers will likely face during a scale-up. It also points out price and timing inflection points likely to broadly influence industry decision-making.
Gabriel Collins, Kenneth B. Medlock IIIJanuary 17, 2017
NAFTA has become increasingly more controversial in the United States. U.S. firms and workers are best served by an examination of the agreement to improve and modernize the relationship and make it more equitable to all partners. This will benefit America’s economy, and that of Canada and Mexico.
Shifts in U.S. economic policy toward China could provide leverage on other issues and, at the beginning of a new administration, usefully set a tone of cooperation.
Although the energy challenge is significant and requires a long-term view to be successfully addressed, long-term goals can be sustainably achieved through fundamental research and development.
Mexico’s energy reforms created a still-developing reality whereby interactions among the players require new rules, new dispute settlement procedures, and far-reaching legal expertise. Importantly, the reforms also redefined the country's prevailing culture and legal norms. This prologue serves as a guide for readers of the series of papers that follow on the impact of energy reforms on Mexico's rule of law.
The federal government will need a nuanced approach to properly stimulate small business growth. However, a core
focus should be on creating a level playing field for community banks to compete to provide small business loans.
Investing in child nutrition and alleviating child hunger in low-income settings are not only important from an ethics and equity perspective but also make economic sense, writes fellow Farhan Majid.
Repealing Obamacare and replacing it with market-based coverage that is both compassionate and prudent will make health care affordable again, which will guarantee access to insurance coverage for all Americans.
Despite many differences, the United States and Saudi Arabia maintain important mutual interests. Fellow Jim Krane explains why rebuilding ties with Saudi Arabia could incentivize the kingdom to place more importance on U.S. goals.
U.S. policy should facilitate and support investment in Latin America’s oil and gas sectors, which would contribute to energy security and support economic integration with Mexico and Latin America, writes fellow Francisco J. Monaldi.
