Energy Realpolitik

Energy Realpolitik

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

Latest Post

Sarah Mandel (R) of Chadds Ford, Pennsylvania, and representing the organization Food and Water Watch, holds a banner as she takes part in a small anti-fracking protest in front of the White House in Washington November 3, 2015. Thanks to the fracking boo REUTERS/Jonathan Ernst

Oil Price War: Is U.S. Shale The First To Blink?

As the oil price war continues, markets are hanging on every word coming from Washington, Moscow and Riyadh, amid signs that diplomacy could be afoot. A statement by the Kremlin’s presidential spokesperson, that Russia would like to see higher prices, signaled that Russia might be willing to blink in the Russia-Saudi oil price standoff. It appears that the fall in the ruble is larger than Moscow expected, prompting them to use up foreign currency reserves at a faster clip than anticipated. Russia could also be finding it more difficult to sell its oil in China and Europe. Read More

Saudi Arabia
Why Current Saudi-Russia Oil Price War Is Not Déjà Vu
It’s happened several times before: geopolitical tensions between Saudi Arabia and Russia have led to a dramatic drop in oil prices in years past. But the breakdown in Saudi-Russian cooperation in oil markets over the weekend is strikingly different this time.
The Coronavirus, Oil, and Global Supply Chains
As nations prepare for a possible health emergency, world leaders are realizing that the new coronavirus is going to be harder to contain than previously hoped. Mobilization is continuing, and concer…
Concerns Over the Coronavirus Spread to the Oil Industry
The first priority in addressing the coronavirus is preserving global health. Lessons from the past show that the herculean task requires timely and credible action by governments, coordinating leade…
  • Election 2020
    2020 Presidential Candidates Race to Renewable Energy, But How Will They Get There?
    This is a guest post by Zoe Dawson, a recent graduate of The Center for Global Affairs at New York University. She was previously an intern for Energy and Climate Policy at the Council on Foreign Rel…
  • Iran
    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 can…
  • 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. T…
  • 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 beg…
  • 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.
  • Saudi Arabia
    Scale and Nature of Attacks on Saudi Oil Makes This One Different
    In the swirl of conflicting reports about who might be responsible for the latest attack against Saudi Arabian oil installations, it is important not to miss what makes this latest attack categorical…
  • United States
    Is the United States Prepared for Wildfires?
    Climate change is increasing the risk of wildfire damage to critical energy infrastructure, according to a new Council on Foreign Relations report that details the physical, financial, and security risks to the U.S. energy system.