Freeman Spogli Institute for International Studies Program on Energy and Sustainable Development Stanford University


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June 13th, 2012

Risk attitudes shapes national oil company strategies

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 »



January 4th, 2011

Wolak quoted in CNN Money on high US gas prices and its profitability in the West

in the news: CNN Money on January 3, 2011

Gasoline prices fluctuate within the U.S. partly because the West requires cleaner fuel (a more expensive gas mixture) than other parts of the country. There are a limited number of refineries capable of making the specific mixture required for the Western gas market and as a result, the few capable refineries are profiting from the less competitive market.




November 29th, 2010

PESD to be at the United Nations Climate Change Conference Cancun

Announcement

Through an invitation by the International Emissions Trading Association, PESD researcher Richard Morse will be presenting PESD research findings on carbon markets. Read more »



February 23rd, 2010

Should oil-producing countries emulate the "Norwegian Model"?

PESD Associate Director Mark Thurber presented a paper on oil governance at the 2010 Annual Convention of the International Studies Association (ISA) held from February 17-20th in New Orleans. Read more »



September 17th, 2009

Thurber discusses decline of Mexico's Cantarell oil field in The Wall Street Journal

in the news: Wall Street Journal on September 9, 2009

David Luhnow of The Wall Street Journal quotes PESD assistant director Mark Thurber on the failure of Mexican politicians to engage the crisis presented by the stunning decline of the country's principal oil field. Read more »



November 21st, 2008

David Hults, PESD Research Fellow, Speaks on Latin American Oil Companies

David Hults addressed the Center for Latin American Studies at Stanford where he discussed energy policy for three Latin American countries, Brazil, Mexico, and Venezuela-- within the context of a larger fifteen-country study on National Oil Companies. Read more »



September 23rd, 2008

Why the peak oil debate misses the point in an NOC-dominated world

Op-ed: Encina Columns Summer '08

As oil prices surge through $140/barrel at the time of writing, surely one can at least count on the invisible hand of the market to drive further exploration and production and ultimately bring more supplies on line, right? Or perhaps, more ominously, high oil prices presage a darker future of shortage and conflict as global oil fields pass their geological "peak"? In fact, both positions miss a crucial point about the dynamics of the world oil market -- that it is increasingly animated by the counterintuitive behavior of the state-owned oil and gas giants that now control the vast majority of the world's hydrocarbon resources. Read more »




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