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US manufacturer’s sounded alarm bells last week with the approval of a fourth liquefied natural gas (LNG) export facility, this time on the East coast at Cove Point Maryland. At issue is whether LNG exports would “harm” the US economy by raising energy costs. But opponents of US energy exports are missing the point: US […]
With war fears still dominating the headlines in the Middle East and the US Federal Reserve slow to end easing, now would seem like a good time to own an oil field coming on line. Global oil prices remain over $100 a barrel with plenty of geopolitical risk around to keep them there at least […]
In 1977, a rag tag group gathered to study Arabic under the tulelage of Dr. Abraham Udovitch, an acclaimed scholar who studied the social and economic life of 11th century Egypt, among other topics. It proved to be a highly successful group of people: To name a few, a professor of Middle Eastern politics (urbanism, […]
Since Egyptian President Hosni Mubarak fell from power in February 2011, U.S. and Canadian oil production has risen by a total of 2.57 million barrels a day. That’s three times that amount of oil production that has been lost to world supply directly from Arab Spring violence in Syria, Yemen and Bahrain.
Oil prices remain at lofty levels based on two time-tested stories. Story One: Instability in the Middle East could lead to violence that will produce a major oil supply disruption; and Story Two: China’s amazing growth patterns will create so much oil demand that it will overwhelm any level of additions of new supply. While […]
When it comes to green energy choices, a more comprehensive approach can prove more successful, according to a new study by UC Davis and Simon Fraser University. The study by Kenneth Kurani and Jonn Axsen shows that consumers are more likely to buy plug-in electric vehicles if they know that the electricity that will power […]
Commentary: Happy 4th of July: A salute to shale…New study shows that without fireworks, a 1980s deja vu could be inevitable
Signs are on the horizon that oil prices could take a tumble, should war drums stop beating in the Middle East. High oil prices, no matter how permanent they might seem, eventually stimulate downward structural changes in oil demand.
As Edward Snowden starts to fade from the headlines, it is important not to lose sight of the importance that the National Security Agency (NSA) and other US agencies of get cyber security protection of critical infrastructure on the right path. So far, news reports have focused on the civil liberties angle to the story, […]
This post was written by Rosa Dominquez-Faus, post-doctorial researcher at the Institute of Transportation Studies, UC Davis. Author Michael Levi in his new book Power Surge argues that renewable energy and the shale revolution are complementary rather than competing energy strategies for the United States. Indeed, analysis shows that CO2 emissions from the power sector […]
For decades, academic scholars and regional political commentators have written about the “Arab order” which loosely referred to the trend line in the political economy of the Middle East. The musings about the new Arab order gained prominence with independence movements in the early twentieth century and remain in today’s discourse. The promise of past […]