Bipartisan Policy Center http://bit.ly/10f94iw [Oil and Gas Journal article by Nick Snow] US natural gas prices are unlikely to rise markedly under a variety of scenarios, including those with increased demand across multiple sectors, a study by the Bipartisan Policy Center’s Energy Project staff concluded. BPC said the report analyzed the combined effect of increased … Continue reading »
Tagged with Trade …
U.S. Energy: the New Reality
Chatham House / by John Mitchell http://www.chathamhouse.org/publications/papers/view/191405 The trend of rising US dependence on imports of foreign oil and natural gas has been abruptly reversed, as a result of falling domestic demand for oil and increasing domestic supplies. This trend is likely to continue until at least 2020. There are significant transitional challenges. The main … Continue reading »
U.S. LNG Exports: Impacts on Energy Markets and the Economy
ICF for the American Petroleum Institute http://www.api.org/~/media/Files/Policy/LNG-Exports/API-LNG-Export-Report-by-ICF.pdf [Oil and Gas Journal] LNG exports could create at least 73,100-145,100 and up to 220,100-452,300 new US jobs over 20 years while having a minimal impact on US gas prices, a new ICF International study commissioned by the American Petroleum Institute concluded. The study, US LNG Exports: Impacts … Continue reading »
Green Economy and Trade: Trends, Challenges and Opportunities
United Nations Environment Programme http://unep.org/greeneconomy/Portals/88/GETReport/pdf/FullReport.pdf [From Press Release] …At the United Nations Conference on Sustainable Development (Rio+20) held in June 2012, governments agreed to the outcome document The Future We Want, which makes a commitment to help countries implement clear and practical measures for transitioning to green economies. This document affirms international trade as an … Continue reading »
The Case for U.S. Liquefied Natural Gas Exports
Brookings Institution / by Charles K. Ebinger and Govinda Avasarala http://bit.ly/16yUPvD The recent natural gas ‘revolution’ in the United States has encouraged a nationwide shift in its energy consumption patterns. An abundance of unconventional natural gas (with help from a patchy economic recovery) has allowed for sustained low natural gas prices. With prices currently hovering … Continue reading »
Cross-Border Trade in Electricity and the Development of Renewables-Based Electric Power: Lessons from Europe
OECD / by Heymi Baha and Jehan Sauvage http://bit.ly/XD73Rh The uptake of renewable energy (RE) has been identified by a number of governments as a primary means for mitigating CO2 emissions from the electricity sector, and for making the transition to a low-carbon economy. The electric power output of some RE technologies, however, including those based on … Continue reading »
U.S. Natural Gas Exports: New Opportunities, Uncertain Outcomes
Congressional Research Service http://www.fas.org/sgp/crs/misc/R42074.pdf As estimates for the amount of U.S. natural gas resources have grown, so have the prospects of rising U.S. natural gas exports. The United States is expected to go from a net importer of natural gas to a net exporter by 2020. Projects to export liquefied natural gas (LNG) by tanker … Continue reading »
Trade and Climate Change
World Trade Association | United Nations Environment Programme | Brookings Institution http://www.brookings.edu/research/books/2013/trade-and-climate-change Climate change is one of the greatest challenges facing the international community. Mitigating global warming and adapting to its consequences will require major economic investment and, above all, unequivocal determination on the part of all policymakers. This publication uniquely examines the intersection between … Continue reading »
The Price of Oil – Will it Start Rising Again?
OECD / by Jean-Marc Fournier, Isabell Koske, Isabelle Wanner, Vera Zipperer http://www.oecd-ilibrary.org/economics/the-price-of-oil-will-it-start-rising-again_5k49q186vxnp-en Following a sharp drop amidst the global economic crisis and a subsequent recovery, the spot price of crude oil has been broadly stable for the past couple of years. This paper discusses the factors that drive oil demand and supply and, hence, the … Continue reading »
Water-controlled Wealth of Nations
Proceedings of the National Academy of Sciences (March 12, 2013, v110 n11 pp4230-4233; doi: 10.1073/pnas.1222452110 ) / by Samir Suweis, Andrea Rinaldo, Amos Maritan, and Paolo D’Odorico http://www.pnas.org/content/110/11/4230.short Population growth is in general constrained by food production, which in turn depends on the access to water resources. At a country level, some populations use more water than … Continue reading »