In advance of the 2013 Pacific Energy Summit, which took place April 2-4 in Vancouver, Canada, PESD Associate Director Mark Thurber spoke with the National Bureau of Asian Research (NBR) about how the U.S. shale gas revolution has pushed coal producers in the U.S. Powder River Basin to look to Asia for a more robust market. Read more »
The “peak oil” fallacy is not new; in fact it has long inflicted real harm in the geopolitical sphere despite persistent evidence of its falsity. Roger Stern, Research Assistant Professor of Energy at the University of Tulsa’s Collins College of Business, describes in a new PESD working paper how “oil scarcity ideology” influenced US national security policy in profoundly detrimental ways from 1909 to 1980. Read more »
Do State-Owned Companies Have Inside Access to the World’s Oil and Gas Resources?
In a public lecture at the University of Tulsa, PESD associate director Mark Thurber critically considers the idea that national oil companies (NOCs) are elbowing aside private players, both on their home turf and abroad. Live feed at 5 pm PST on January 28, 2013.
Based on the research in Oil and Governance, PESD researchers Mark Thurber and David Hults argue that the incentives an NOC faces to take, avoid, or manage risk critically determine its strategy and whether it can achieve the particular goals of its host government. Read more »
Six new U.S. coal export sites in the worksin the news: ClimateWire on April 27, 2012
Facing flagging domestic demand, US coal producers are pushing hard for rail and port infrastructure that would enable exports to China from the Pacific Northwest, says PESD researcher Richard Morse in Climate Wire. (PESD's upcoming annual conference will consider the environmental impacts of such developments.)
in the news: Bloomberg News on April 16, 2012
PESD associate director Mark Thurber argues in Bloomberg News that Argentina’s government should not expect a near-term boost in domestic fuel production from its planned re-nationalization of oil company YPF, which is majority-owned by Spain’s Repsol. Even over the longer term, national oil companies are not always effective instruments for serving government goals like increased domestic production. The timing is especially sensitive given the nascent development of Argentina’s massive unconventional hydrocarbon resources. Read more »
As abundant domestic natural gas production erodes coal’s market share in the US, coal producers are looking to overseas markets for growth. At the Argus Americas Coal Summit, Richard Morse gave a presentation discussing the competitive dynamics of US coal exports in world markets. Morse argued that conditions for expansion of US steam coal exports are favorable, but key risks remain that could make or break this “globalization” of the US coal market. Read more »