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 »
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 »
National oil companies can cause pain at pump, research shows
State-owned oil companies dominate the world's oil supplies, and politicians often cannot resist getting involved. When they do, the result is often excessive pollution, poor company performance and volatile oil prices. PESD's Mark Thurber makes the case in a new book.
- » Thurber's research featured in Stanford Report
- » Oil and Governance: State-owned Enterprises and the World Energy Supply
In their Energy Policy article, entitled "Exporting the ‘Norwegian Model': The effect of administrative design on oil sector performance," PESD researchers Mark Thurber, David Hults, and Patrick Heller present work casting doubt on the idea that imitating best practices from Norway is necessarily the best route to improved oil sector performance for other countries.
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PESD paper helps frame conference session on Asian natural gasAnnouncement
PESD Associate Director Mark Thurber and Research Associate Joseph Chang wrote "The Policy Tightrope in Gas-Producing Countries: Stimulating Domestic Demand Without Discouraging Supply" that helped frame the discussion at the 2011 Pacific Energy Summit in Jakarta, Indonesia. The study explores and assesses the policy options that gas-rich governments can use to develop domestic gas markets, with a focus on major Asian gas-producing countries.
- » The Policy Tightrope in Gas-Producing Countries: Stimulating Domestic Demand Without Discouraging Supply