Oil

Article

The Surprising Sources of Oil’s Influence

Authors: Blake Clayton and Michael A. Levi
Survival: Global Politics and Strategy

Drawing on lessons from a Council on Foreign Relations workshop in January 2012, Blake Clayton and Michael A. Levi examine the connection between global oil markets and international relations, saying that in many cases the oil trade is politically consequential simply because policymakers believe that it is.

See more in Global; Business and Foreign Policy; Oil

Article

Will Obama Pull the Trigger on the Strategic Petroleum Reserve?

Author: Blake Clayton
Forbes Online

In an article launching a new Forbes.com blog, "Risk and Return," Blake Clayton says that President Obama, having learned the hard way last year that a Strategic Petroleum Reserve release can't reliably lower oil prices for very long, is likely weighing the potential political costs of a release versus its possible economic benefits.

See more in United States; Oil; Energy Policy

Article

Living on Canada's Oil

Author: Michael A. Levi
Slate

Michael A. Levi argues that a price on carbon would provide the United States energy security and prod the Canadian oil sands industry to clean up its emissions act.

See more in Canada; Oil

Article

Oil May Not Grease Friendship

Authors: Amity Shlaes and Gaurav Tiwari
YaleGlobal

In this YaleGlobal piece, Amity Shlaes and Gaurav Tiwari examine entrepreneurship and oil wealth in various countries and how these factors relate to a country’s policy towards the U.S.  They find that there is indeed a significant positive relationship between the pro-US votes and the level of enterprise in a country, and that countries with oil tend to be less entrepreneurial as well as less friendly to the US. It seems clear that the US would benefit not only from helping countries strengthen education, the rule of law and free trade, but also from supporting the entrepreneurial culture of any country where the US has an interest.

See more in Business and Foreign Policy; Oil; United States

Article

A Case Study of the Baku-Tbilisi-Ceyhan Oil Pipeline Project

Author: Terra Lawson-Remer
Hart Publishing Ltd.

Terra Lawson-Remer argues that the International Finance Corporation (the member of the World Bank Group responsible for financing private-sector projects) can and should require inclusion of commitments regarding sustainable development and human rights in the legal covenants that often govern large private-sector investments.

See more in Russia and Central Asia; Oil; Foreign Direct Investment

Audio

Saudi Arabia: A Look Ahead

Speakers: Helima Croft, F. Gregory Gause III, and Sarah Leah Whitson
Presider: Ethan Bronner

Experts discuss Saudi Arabia’s leadership transition and what it means for policymaking, oil prices, and human rights.

See more in Saudi Arabia; Human Rights; Oil