Iron and steel production are necessary for modern infrastructure, and the sector is both energy intensive and difficult to decarbonize. New processes are evolving that could change this, and potentially provide both environmental and economic benefits across nations. Continue Reading
The negative pricing signal we saw on the NYMEX is an indication of a financial long position that was too large to be physically accommodated. It also indicates an emergent (albeit temporary) reality that speculative long positions in crude oil futures will be punished as storage disappears. Continue Reading
In the energy domain, the Phase 1 Trade Agreement faces serious challenges magnified by the Covid-19 pandemic. But a fairly minor change in interpretation could still make it a success. It would require counting long-term purchases toward the import commitments. The results could be transformational. Continue Reading
Part of Covid-19 recovery will entail a new round of negotiations on legislation to support infrastructure improvements and expansion. Specific initiatives could play directly to wider support for the reform of the century-old policy known as Jones Act. Continue Reading
Though headlines focus on the latest developments in Ukraine, the crisis has created a ripple effect around the world. The escalating conflict has even impacted events at the Baker Institute: An April 14 program featuring Børge Brende, Norway’s minister of foreign affairs, was postponed when he was asked to return to Oslo for meetings on the unfolding Ukraine-related crisis in Europe. Similarly, Georgiy Mamedov, Russia’s ambassador to Canada, cancelled an April 16 Baker Institute event on policy and politics in Russian-American relations. Continue Reading
Join us today for a live webcast of an Energy Forum conference about the future of China’s role in the energy sector and the global economy.
China will play a major role in shaping long-term global energy trends. Already, China’s growing economy has been a driver of global commodity markets in recent years. Soaring Chinese oil and natural gas demand has become a major feature influencing global energy market trends, and emerging shifts in Chinese energy and economic policy could potentially alter the future geopolitical and economic landscape.
The conference “The Rise of China and Its Energy Implications” investigates these trends and shifts by bringing together senior Chinese and U.S. officials, leading financial and energy analysts, academic scholars, and global oil industry leaders to address the emerging path of China’s energy sector as a transforming energy landscape shapes China’s economic role in relation the United States. Findings from a major Baker Institute energy study will be publicly released at this event. The study includes papers on Chinese energy policy and energy demand trends, Chinese oil and gas investment trends, and energy in the U.S.-China bilateral relationship.
- Watch the live webcast beginning at 9:00 am CST.
- Download the study “The Rise of China and Its Energy Implications” on the Baker Institute Energy Forum website.
Rising U.S. natural gas production from shale formations has already played a critical role in weakening Russia’s ability to wield an “energy weapon” over its European customers, and this trend will accelerate in the coming decades, according to a new… Continue Reading