Author Archives: Bob McNally
What a difference a few months makes! Today’s monthly update from the Energy Information Administration again slashed estimated OPEC spare capacity by roughly 30%, by a whopping 1.5 mb/d less than foreseen in May (chart below). At 2 mb/d, the … Continue reading
My successor on the Obama White House energy staff Jason Bordoff and I call for fixing the broken Renewable Fuel Standard before it leads to higher gasoline prices. http://www.reuters.com/article/2013/07/26/us-column-bordoff-mcnally-idUSBRE96P13N20130726
This past week demonstrated that bipartisanship is not dead with regard to one of the most critical geopolitical challenges we face – Iran’s unrelenting and nearly complete defiance world’s demand to stop its illegal and dangerous pursuit of a nuclear … Continue reading
Picking up on the subject of my last post, I fully support ratcheting up sanctions to cut off Iran’s oil exports. Sanctions do-date have not stopped Iran’s march toward nuclear weapons. Before resorting to military options we should give coercive … Continue reading
Bravo to these distinguished folks who recently called for sanctions that would cut Iran’s oil exports. In a similar vein, last June I wrote an FT opinion editorial calling for a quarantine of Iran’s oil exports offset by higher OPEC … Continue reading
When the Washington Post calls a state out for veering far to the left, that’s saying something.
Matthew Kroenig and I wrote an essay in the new issue of The American Interest examining the overlooked consequences for oil markets, economic growth and political stability should Tehran acquire a nuclear capability. We concluded they range from “severely jarring … Continue reading
Chatham House is doing a series on post-election US policies and its energy note went out last week. They asked me to write a Republican response. Both are here. The Democratic response should appear next week.
My piece in the Financial Times is here.