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July 24, 2019

Iran
Hormuz and Oil: The Global Problem of a Global Market

Oil is a global commodity where prices adjust to a supply disruption in one place across all locations, no matter country or location where the problem started. To help people understand what that me…

Oil tankers pass through the Strait of Hormuz, December 21, 2018.

June 15, 2016

Fossil Fuels
The Strategic Petroleum Reserve: A Policy Response to Oil Price Volatility?

This guest post is authored by Jason Bordoff, professor of professional practice and founding director of the Center on Global Energy Policy at Columbia University’s School of International and Publi…

A maze of crude oil pipes and valves at the Strategic Petroleum Reserve in Freeport, Texas (REUTERS/Richard Carson).

July 15, 2019

Renewable Energy
A New Dawn for Wind Energy Infrastructure After the Production Tax Credit Sunset

The wind industry is approaching the end of its federal financial support. Political leaders around the country are debating the best ways to continue supporting the wind industry.

Power-generating windmill turbines are pictured at sunset at a wind park in Cagnicourt near Cambrai, France, May 22, 2019.

August 14, 2019

China
U.S. Dependence on Pharmaceutical Products From China

Last month, the U.S.-China Economic and Security Review Commission held a hearing on the United States’ growing reliance on China's pharmaceutical products. The topic reminded me of a spirited discus…

A technician works at a product line of the Inactivated H1N1 Influenza Vaccine in Sinovac Biotech Ltd., a Chinese vaccine making company, in Beijing, September 3, 2009.

March 4, 2011

Fossil Fuels
It’s Too Early to Use the Strategic Petroleum Reserve

The New York Times reports this morning that “calls have been growing in Congress for the Obama administration to consider tapping into the nation’s strategic petroleum reserve”. That understandable …

July 3, 2019

Iran
Iran, the Strait of Hormuz, and the Ever-Complex Geopolitics of Oil

In a sign that anxiety about oil security of supply isn’t what it used to be, the Group of Twenty (G20) meeting broke up this week with no big joint statements regarding how to protect the freedom of…

Iran's Oil Minister Bijan Zanganeh reacts towards journalists as he arrives for an OPEC and NON-OPEC meeting in Vienna, Austria, July 2, 2019.

May 2, 2019

Iran
What Effects Will Tighter U.S. Sanctions on Iran’s Oil Have?

With significant risks now looming over global energy markets, the United States should be careful in evaluating any future oil sanctions, Amy Myers Jaffe writes in the following Q & A which first ap…

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005.

June 27, 2018

Iran
Oil Geopolitics and Iran’s Response

At first glance, last week’s Vienna Group meeting—that is the Organization of Petroleum Exporting Countries (OPEC) plus non-OPEC producers including Russia—seemed to have resolved some thorny issues…

Iran's Oil Minister Bijan Zanganeh arrives for an OPEC meeting in Vienna, Austria, June 22, 2018.

May 14, 2019

Saudi Arabia
Oil Sabotage Might Seem Like Small Potatoes, But Underlying Geopolitical Problems Are Not

The United States keeps signaling that it has hard power. Most recently, the United States made known that it was deploying additional ships, the USS Abraham Lincoln and USS Arlington, to the Middle …

A damaged Andrea Victory ship is seen off the Port of Fujairah, United Arab Emirates, May 13, 2019. 

February 27, 2019

Energy and Environment
“Perceptions” about Oil or Demand Realities?

Amin Nasser, Chief Executive Officer of Saudi Aramco, whose shareholder is a sovereign nation, weighed in this week with a warning against U.S. and European activist shareholders who are making deman…

The chief executive of Saudi Aramco, Amin Nasser, speaks during an interview with Reuters in Dhahran, Saudi Arabia, December 13, 2017