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January 11, 2023

United States
How Does the U.S. Government Use the Strategic Petroleum Reserve?

The Strategic Petroleum Reserve, the world’s largest stockpile of emergency crude oil, has helped shield the United States from energy supply crunches, but debate persists over its management.

A photo of steel oil pipelines at a refinery.

June 24, 2024

Diplomacy and International Institutions
What Does the G7 Do?

The Group of Seven (G7) has been a forum to coordinate global policy for fifty years, but experts are increasingly questioning the group’s relevance.

The seven leaders of the G7 countries stand on a stage emblazoned with G7 insignia.

November 10, 2008

Fossil Fuels
Non-OPEC Oil Production

Non-OPEC oil producers, which turn out most of the world’s oil, are operating near capacity.

August 11, 2022

Energy and Environment
How the U.S. Oil and Gas Industry Works

The United States is the world’s top producer of oil and natural gas. Its decision to either continue at this pace or curb production to achieve its climate goals will have global consequences.

An oil refinery is seen from above at night. Lights shine throughout the refinery and a U.S. flag hangs in the center.

January 20, 2012

Iran
Oil’s Trouble Spots

With oil supplies tight, regions most vulnerable to oil supply disruptions present a significant economic concern, particularly threats to the Strait of Hormuz and unrest in Nigeria, explains this Ba…