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July 11, 2017

Energy and Environment
Interactive: Oil Exporters' External Breakeven Prices

The 2014 fall in global oil prices, from over $100 a barrel to around $50 a barrel, reduced the export proceeds of the world’s main oil- and gas-exporting economies by about $1 trillion. After a deca…

July 11, 2017

Fossil Fuels
Using External Breakeven Prices to Track Vulnerabilities in Oil-Exporting Countries

The best single measure of the resilience of an oil- or gas-exporting economy in the face of swings in the global oil price is its external breakeven price: the oil price that covers its import bill…

External breakevens petroleum oil

January 8, 2009

North Korea
Can the United States Cause the Collapse of North Korea? Should We Try?

In this brief analysis, I attempt to answer two questions: Can the United States cause the collapse of North Korea? Should we try? I have proceeded under the assumption that the answer t…

January 1, 1999

Space
Space, Commerce, and National Security

Overview Throughout the past decade, space has become increasingly important to all aspects of American life. The information revolution now transforming both private activity and global commerce …

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April 23, 2007

Angola
Toward an Angola Strategy

Peace has become a reality in Angola since the end of its bloody, twenty-seven-year civil war in 2002. However, much work remains to be done if Angola is to become a democratic state with an inclusiv…

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December 6, 2018

China
A New Old Threat

China is once again conducting cyber-enabled theft of U.S. intellectual property to advance its technological capabilities. To combat the problem, the United States should build a multinational coali…

Trump, Bolton, and Xi at G20

October 29, 2015

Fossil Fuels
Automobile Fuel Economy Standards in a Lower-Oil-Price World

Overview Corporate average fuel economy (CAFE) standards, which require automakers to achieve government-mandated targets for the efficiency of the vehicles they sell each year, can reduce U.S. re…

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January 1, 2003

Iraq
Guiding Principles for U.S. Post-Conflict Policy in Iraq

Overview As we gain perspective on the initial postwar period in Iraq, a conventional wisdom has formed about key mistakes the U.S. government made in the early months of the occupation. This pres…

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February 17, 2011

Iran
Limiting Iranian Nuclear Activities

Overview How much Iranian nuclear capability is too much? The simplest answer is that any amount is unacceptable. But it is far from clear that zero enrichment is a realistic goal. To help illumin…

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November 20, 2015

Fossil Fuels
Fiscal Breakeven Oil Prices

Introduction An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget …

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