Energy Realpolitik
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Energy Realpolitik

Amy Myers Jaffe delves into the underlying forces shaping global energy.

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People attend a funeral procession for Iranian Major-General Qassem Soleimani, head of the elite Quds Force, and Iraqi militia commander Abu Mahdi al-Muhandis, who were killed in an air strike at Baghdad airport, in Tehran, Iran January 6, 2020. Official Khamenei website/Handout

Iranian Interests, Iraqi Oil, And The U.S. Response

My grandmother had a saying: “Think before you speak.” The saying, said to me and my brothers as children, was intended to help us avoid mindlessly blurting out something we would later regret. I cannot help thinking of my grandmother’s useful adage in watching the news regarding the ongoing conflict between Iran and the United States. Read More

November 22, 2019

Iran
Reports of Oil’s Demise May Be Premature

I have a rule of thumb on the oil price cycle: When commentators start using the word “never” we are typically at the brink of a cycle shift. For a while now, oil prices have been stuck in a range. That stasis has led to much commentary that prices will never go up again. The evidence that oil prices can never rise again came to traders from a simple concept: The all-time, worst imaginable event that could slay oil supply—a successful military attack on Saudi Arabia’s Abqaiq crude processing facility—came and went with only a brief upward whimper in the price of oil.

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October 8, 2019

Iran
1970s Oil Crisis Redux or Oil Price Rout?

It has been four weeks since a major military attack on critical oil facilities in Saudi Arabia shocked the world and very little has happened to suggest such an event couldn’t happen again. That begs the question: Why are oil prices falling?

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September 24, 2019

United Nations General Assembly
UN Climate Action Summit: Five Things Governments Should be Doing

As the 2019 UN Climate Action Summit concludes, world leaders need some outside the box thinking about steps to strengthen their national commitments to shrink their greenhouse gas emissions ahead of the next phase of the Paris Agreement.

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