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July 13, 2017

Fossil Fuels
Managing a Smaller U.S. Strategic Petroleum Reserve

Downsizing the U.S. Strategic Petroleum Reserve will have economic and foreign policy consequences that have not been fully considered. U.S. foreign policy should prioritize the management of these c…

A section of the BP Eastern Trough Area Project oil platform is seen in the North Sea, around 100 miles east of Aberdeen in Scotland, on February 24, 2014.

March 8, 2021

Inequality
Transforming International Affairs Education to Address Diversity, Equity, and Inclusion

Insufficient leadership, outdated curricula, and alienating school climates leave future foreign policy experts ill prepared to address the social forces contributing to fragility and unrest globally…

Protesters hold up placards as they “take a knee” in front of a police line at a Black Lives Matter demonstration outside the U.S. Embassy in London on June 7, 2020.

August 2, 2016

Energy and Climate Policy
The Impact of Removing Tax Preferences for U.S. Oil and Gas Production

Overview The tax treatment of oil and gas investment in the United States has been a contentious policy issue for decades. Reform advocates argue that eliminating tax preferences for producers of …

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January 13, 2021

Cybersecurity
Transatlantic Data Transfers

U.S. surveillance activities have alarmed European partners, throwing the future of transatlantic digital trade into question. The United States should embrace collaboration and protections for perso…

Yellow wires, tied together, hang from the back of a black and gray server.

September 10, 2012

Fossil Fuels
Lessons Learned From the 2011 Strategic Petroleum Reserve Release

Overview In this Working Paper, Blake Clayton analyzes the 2011 International Energy Agency (IEA)–coordinated release of strategic petroleum reserves to shed light on the political underpinnings a…

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October 15, 2013

Fossil Fuels
The Shale Gas and Tight Oil Boom

Introduction U.S. policymakers have been concerned about the country's dependence on imported energy since World War II. Those concerns were highlighted in the 1970s when episodes of sharply risin…

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June 13, 2016

Fossil Fuels
Oil Price Volatility: Causes, Effects, and Policy Implications

CFR convened a workshop to explore what drives oil price volatility, what effects it has on the economy and geopolitics, and what policy options to reduce price volatility.

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June 29, 2015

Energy and Climate Policy
Oil Prices, Low-Carbon Energy, and Climate Policy

Overview For decades, oil prices have influenced the outlook for alternatives to oil and policies that support those alternatives. Expensive oil makes substitutes more appealing; cheap oil makes t…

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April 9, 2020

Robots and Artificial Intelligence
Accelerating the Defense Department’s AI Adoption

The Department of Defense is struggling to adopt artificial intelligence technologies. Lindsey Sheppard explains the challenges the department faces and recommends strategies for moving forward.

The Pentagon logo is seen behind the podium in the Pentagon briefing room, in Arlington, Virginia, on January 8, 2020.

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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