This report argues that unless there is a collapse in oil demand within the next five to ten years, there will be a serious oil 'supply crunch' - not because of below-ground resource constraints but because of inadequate investment by international oil companies (IOCs) and national oil companies (NOCs).
In contrast to conventional wisdom, OPEC's actions tend to lag behind fundamental changes in oil supply and demand rather than lead them. In this Newsweek Web Exclusive, David Victor argues that blaming high oil prices on OPEC won't have much impact. Real solutions should be focused on demand.
Punishing American oil companies for the global energy crisis will only reinforce America’s dependence on foreign oil and augment the massive transfer of wealth to rich, oil producing countries like Saudi Arabia and U.A.E., argues Michael Gerson.
Sara Banaszak of the American Petroleum Institute and Morgan Gray of the House Select Committee on Energy Independence and Global Warming debate whether opening restricted federal lands and waters will have any effect on the continuing rise in the price of oil.
In May 2008, the U.S. Geological Survey (USGS) completed its appraisal of possible future additions to the worldwide oil and gas reserves from resources in the Arctic, which could be recovered using existing technologies.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.