The Gulf and the financial crisis.
The Gulf and the financial crisis.
Global oil production is flat and could fall if tightening credit limits further investment. The possibility of shrinking supplies has raised new concerns about spiking prices.
An official at the U.S. Government Accountability Office says Iraq will retain a healthy budget surplus in spite of falling oil prices. He also notes that auditors' access to Iraq's finances could be curtailed sharply after the end of this year.
What does the apparent lack of a price response to an OPEC production quota cut tell us about the current market and what can we expect going forward?
Stung by what it called “a dramatic collapse” in crude prices, the OPEC cartel said on Friday that it would reduce output by a steeper-than-expected 1.5 million barrels a day.
Many countries are reducing or ending fuel subsidies in the face of high fuel costs and the spreading financial crisis. Though the cuts may prove unpopular, some experts say they could help ease global oil demand.
A more aggressive domestic energy policy has emerged as a Republican Party priority, setting the stage for heightened debate with Democrats in the presidential race this fall.
John Stossel calls the notion of U.S. independence from foreign oil "a fantasy" and says the next president should rely on the free market to determine the best source of energy for the United States.
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.
Angola, Africa's top oil producer, is flush with money. Yet wealth remains concentrated in the hands of a very few, leaving the bulk of the population in poverty.
Writing from within the Arctic Circle, Michael Gerson, describes the harsh realities of an ecosystem being tangibly changed by the climate disruption that stems from global warming.
USA Today looks at the debate surrounding domestic offshore drilling.
Iraq says it wants to sell oil contracts to foreign energy firms. The potential impact on energy markets could be large, but practical and political obstacles still prevent rapid production increases.
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.
The rise of oil prices prompts calls for policy fixes, sparking heated debate among investors, politicians, and the energy industry.
Oil stocks can help buffer economic shocks, but only if Washington radically reforms its handling of them.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.
Koblentz argues that the United States should work with other nuclear-armed states to manage threats to nuclear stability in the near term and establish processes for multilateral arms control efforts over the longer term.
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.
Maximalist finds lessons in the past that anticipate and clarify our chaotic present, revealing the history of U.S. foreign policy in an unexpected new light. More
This clear and authoritative book presents a sweeping account of China's global resource quest and the unrivaled expansion of its economy. More
The story of the tragic and often tormented relationship between the United States and Pakistan, and a call to prepare for the worst, aim for the best, and avoid past mistakes. More
Learn more about CFR’s mission and its work over the past year in the 2014 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass.
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