For Gulf Coast residents, dealing with the impact of the Deepwater Horizon disaster is challenging enough. With the Taylor Energy spill, they may face an even more daunting recovery, one that could take decades. Acknowledging the extent and complexity of recovery is the first step toward supporting coastal communities to build their resilience in the face of overlapping disasters.
As the Saudis' chief political and military partner and the undisputed security guarantor in the Middle East, the United States has considerable influence it can wield over Saudi decisionmaking. The Trump administration could consider using its influence to encourage Saudi leadership to moderate its assertive and damaging policies abroad.
ISIS's oil revenues declined from a peak of $40 million per month in 2015 to $4 million per month as of early October 2017. Despite the massive reduction, it's still a substantial amount of money for a group whose expenditures decrease with the size of the population and territory it controls and decreased recruitment.
Riyadh plans to invest in Russian energy assets and possibly arms. The deals will lead to the manufacture of arms in Saudi Arabia and likely the transfer of military technology. These agreements thwart the U.S.- and EU-led sanctions regime and send an important signal to Washington.
Since Gadhafi was removed from power, Gulf nations have been vying for position in Libya through proxy forces to influence political outcomes. Libya's rival militias — armed and funded by their respective Gulf sponsors — set the framework for the civil conflict that erupted in 2014 and continues today. Current tensions between Qatar and its neighbors are adding to the instability.
Airstrikes have hit ISIL tanker trucks, oil fields, refineries, and banks, but it would be a mistake to view the group as a poor man's version of its old self. New steps are needed to counter its multi-million dollar taxation and extortion machine.
Without the crude oil export ban, producers could sell their product abroad without discounting it, and the Gulf Coast refineries could specialize in the heavier oil for which they are optimized. On the whole, the global refining industry would likely enjoy efficiency gains.
Oregon is rolling out the nation's first large-scale pilot to examine switching to a mileage fee instead of the gas tax. The trial is a welcome next step toward understanding how mileage fees can be deployed.
Fuel tankering involves carrying excess fuel on an aircraft when flying from origins where fuel is less expensive than at the destination. Tankering fuel to a conflict zone such as Afghanistan is almost always cost-effective, but the story is more complex in other regions because of the way fuel is purchased and resold within the DoD itself.
World oil prices have fallen by more than 40 percent since June 2014 and over the next several years prices are more likely to fall than to rise. The global economy will benefit hugely from this shift, and it's possible that global security will also benefit from lower oil prices.
As ISIS leader Abu Bakr al-Baghdadi reaches for control of the holy sites in and around Mecca and Medina and the wealth that comes with them, the U.S., NATO, and others should consider providing significant equipment and know-how to shore up the border defenses of Saudi Arabia, Kuwait, and Jordan.
Cheaper oil, government interference, and market dynamics jeopardize the future of Russian and Caspian energy. To be globally competitive, Azerbaijan, Kazakhstan, Russia, and Turkmenistan should let the private sector play a greater role and make more decisions on commercial, rather than political grounds.
Movement toward sharply lower oil prices should be a prominent component of any strategy directed at disabling many of the world's most disruptive threats: Iran's nuclear development, ISIS, Hamas attacks on Israel, and Russia's threat to Ukraine.
Mobility — the ability to travel from one location to another — may look very different in the United States in the year 2030. Three key drivers differentiate possible scenarios: the price of oil, the development of environmental regulations, and the amount of highway revenues and expenditures.
A U.S. Official has confirmed that two mariners thought to be U.S. Citizens were kidnapped from an American ship in a pirate attack off of the West African coast — the 40th such attack reported in the Gulf of Guinea in 2013. The current security situation in the Gulf has affected petroleum and natural gas production.
If the user pays idea is worth saving, the United States needs a different calculation, writes Liisa Ecola. Some states are looking at mileage fees. With mileage fees, you pay based on the number of miles you drive, rather than the number of gallons of gas used.
The sanctions have imposed economic costs and have effectively signaled that not only the United States, but much of the rest of the world, see Iran's policies on nuclear enrichment as a serious potential threat to the region and the world, writes Keith Crane.
When the U.S. Department of Defense purchases oil, it has almost no effect on world oil prices, according to new RAND reports. That means reducing fuel consumption is the only effective way for the Pentagon to cut its petroleum expenses.
A proposed 15-cents-a-gallon gas tax is worth a second look. Among various painful options put forward in the Deficit Reduction Commission's draft report, this tax hike may be well justified, write Martin Wachs.
A carbon dioxide tax with refund is fair because the people responsible for the most emissions would pay the most. The tax would also be progressive. Many Americans with lower incomes would find the refund would more than defray the higher costs of gasoline and electric power, write Keith Crane and James Bartis.