Today Foreign Affairs published an article I co-authored with Michael Levi entitled “A Crude Predicament: The Era of Volatile Oil Prices” that argues the world has entered an extended period of much large oil price swings because OPEC’s ability to stabilize prices with adequate spare capacity has dissipated in the face of massive demand surge and newly recognized constraints on net oil supply growth. The article goes on to discuss stark implications for economic, energy, and international affairs and policymaking.
And Our Posterity- Squeezing Iran’s oil exports is the right thing to do, but not because the oil market is “loose”
- Quarantining Iran’s Oil Exports Makes Sense No Matter How Loose the Global Oil Market Is
- Kampuchea MD, my home
- Preventing Iran could be bad for oil prices, but a nuclear Iran would be worse
- Chatham House note on US energy policy and my (Republican side) response
- Time to Tighten the Noose on Iran (FT)
- Never did, never will
- The benefits of reduced energy imports are real, attractive, and worth securing….but also limited.
- Correcting the record on my view of carbon taxes
- How to handle oil price volatility