
Natural Gas Markets
PESD has investigated the geopolitical consequences of the world's increasing dependence on natural gas. Two studies modeled potential demand in the new gas markets of China and India.
April 16th, 2007
David Victor presents in Delhi on India's natural gas prospects
Professor David Victor presented on the future of natural gas in India at the Observer Research Foundation in Delhi. His presentation showed how global gas prices, demand from China, domestic coal prices, and industrial demand in India will shape future use of natural gas in the country's fuel mix. Favorable regulation will be needed to keep natural gas competitive in India.
August 16th, 2006
PESD Participates in Seminar on Atlantic Basin Natural Gas Markets
PESD co-sponsors a seminar with collaborators at the Federal University of Rio de Janeiro to examine the shift to LNG in South America. Read more »
July 5th, 2006
Natural Gas and Geopolitics: From 1970 to 2040 book released
Press ReleaseThe anticipated title from Cambridge University Press has been released in hard-cover and is available for purchase. Edited by PESD director, David Victor, Rice professor Amy Jaffe, and PESD fellow Mark Hayes, the book sheds light on the political challenges which may accompany a shift to a natural gas-fed world.

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June 7th, 2006
PESD presents at the World Gas Congress in Amsterdam
Director David Victor addresses a plenary session of the triennial congress of the world gas industry. Victor presented the main findings of a new PESD book (co-edited with Rice University) on the Geopolitics of Natural Gas. PESD Research Fellow Mark Hayes also presented his research on the prospects for LNG arbitrage between the US and Europe.
2 presentations available
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April 6th, 2006
Washington Post publishes Fellow Nadja Victor on Russian Gas
Op-ed: Washington Post on April 6, 2006Russia controls over a quarter of the world's gas reserves -- months ago the Russian energy giant Gazprom forced Ukraine to pay sharply higher prices for natural gas. Last week Gazprom announced it was tripling gas prices in Belarus, a country that is politically close to the Kremlin.
presentation available
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March 9th, 2006
We are basically at energy crisis levels, states PESD research fellow Mark Hayes
in the news: The Mercury News on February 2, 2006Mark H. Hayes says in a February 2, 2006 article in The Mercury News that things will get marginally better next year, but we are not going to get back to the natural gas environment we had in the 1990s any time in the foreseeable future. Read more »
February 7th, 2006
Brazil is best in class in production of ethanol from sugar cane, says Victor
in the news: New York Times on February 2, 2006Brazil's sugarcane industry produces about 160,000 barrels of oil-equivalent a day, assisting the country in achieving self-sufficiency in oil sometime this year, notes PESD program director David Victor in February 2, 2006 New York Times article. Still, unlike Japan and China, which have plans to import Brazilian ethanol, the Bush administration has retained a 54 cent tariff on every gallon of imported ethanol.
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