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


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April 7th, 2011

PESD Working Paper #101 on Australia's black coal industry featured in Platts Coal Trader International

Announcement

Platts' most recent issue of Coal Trader International features PESD Working Paper #101 by Bart Lucarelli. The paper sketches the development of Australia’s export coal industry, from its shaky start in the aftermath of the Second World War amid a glut of cheap oil, to the "phenomenal success story" of today.




February 9th, 2011

Morse speaks at State Department seminar on global development and climate change

Richard Morse discussed how to reconcile global development goals -- which often rely on coal -- with US climate objectives at a US Department of State event on February 10th. Read more »



February 8th, 2011

Wolak's climate op-ed featured in the UK Guardian

Op-ed: UK Guardian on February 5, 2011

PESD Director Frank Wolak explain how the unknown price tag of carbon and uncertainty of US National climate policy are impeding on investments for oil substitutes.




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.




December 13th, 2010

Nolan and Thurber identify risk as a major driver of whether countries use private or state-owned oil companies

In a new working paper, PESD affiliate Peter A. Nolan and associate director Mark Thurber find that considerations of risk help explain why oil-rich states may choose international oil companies rather than state-controlled enterprises to find and extract oil in "frontier" territories. +PDF+
Read more »



September 10th, 2010

PESD releases study of Nigeria's national oil company NNPC

Announcement

Nigeria's national oil company NNPC is at the center of a profoundly dysfunctional oil sector in a country that some argue embodies the "resource curse." In a new study, PESD Associate Director Mark Thurber and PESD affiliated researchers Ify Emelife and Patrick Heller find that NNPC's persistent underperformance stems from its role as the linchpin of a sophisticated and durable system of patronage. Read more »



May 24th, 2010

PESD releases study of Norway's national oil company Statoil

Norway is lauded as the rare example of a major oil and gas exporting country that has managed to avoid the "resource curse." A new study by PESD Associate Director Mark Thurber and Consulting Research Associate Benedicte Tangen Istad looks more closely at the Norwegian petroleum experience and the role of national oil company Statoil in it. The reality is messy and political but nonetheless an impressive story of how Norway built a vibrant domestic oil and gas industry on the back of national champion Statoil and a robust system of governance that could curb Statoil's excesses as needed at a few key junctures.





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