Tag

OPEC

Podcast, Policy

Columbia Energy Exchange: Bill Richardson

July 6, 2017

Few people in public service can tote up the career resume of Bill Richardson, especially when it comes to energy policy. So, I thought it just made sense to invite him on the Columbia Energy Exchange podcast to discuss what he thinks of the Trump administration and its approach to energy policy. Richardson’s 40 years of experience include stints as a member of the House of Representatives from New Mexico, U.S. ambassador to the U.N. and energy secretary during the Clinton administration, and governor of New Mexico. He’s also been a Democratic candidate for president and the negotiator of difficult talks with North Korea, Cuba, Iraq and Sudan that resulted in the release of hostages and American servicemen. Oh, and need I mention his four nominations for the Nobel Peace Prize and his three books, including one called “How to…

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by Bill Loveless
Article, Climate, Energy, Government and Politics

Trump may be good for oil, trouble for renewables

January 1, 2017

U.S. energy producers of all kinds see reasons for optimism as they start 2017, though the incoming Trump administration may spell trouble for some of a greener hue. Among oil drillers, a recent uptick in prices suggests an end to a slump that has persisted since mid-2014, while natural gas, solar and wind energy companies aim to build on their gains in U.S. electric power markets in 2016. Even the struggling nuclear sector can point to victories in New York and Illinois, where unprofitable reactors were saved by state actions last year. That said, here’s a list of some of the most notable energy developments for the U.S. in 2016 — ones that may set the stage for how Americans produce and use energy in 2017. (Read More)

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by Bill Loveless
Article, Corporations, Defense, Economy / Finance, Energy, Government and Politics

OPEC’s power slips amid a spurt in U.S. oil production

December 4, 2016

Only time will tell whether OPEC will effectively implement its recent decision to curb oil supplies and reverse a price slump that’s persisted for 2½ years. But amid the many prognostications over oil prices, something else is clear: When it comes to energy security, the U.S. is in a much better position today than it has been in years. (Read More)

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by Bill Loveless
Economy / Finance, Energy, Podcast

Columbia Energy Exchange: Jamie Webster

October 3, 2016

The Organization of Petroleum Exporting Countries took many by surprise last week with its decision to consider making cuts in crude oil production to help lift prices and rebalance the market. Now the world will wait to see if a firm decision is made at OPEC’s next regular meeting in November. Host Bill Loveless sits down with one of our Fellows at the Center on Global Energy Policy, Jamie Webster, to discuss OPEC’s decision, a change in course from the last two years of free-flowing oil. (Listen here)

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by Bill Loveless
Article, Economy / Finance, Energy, International, Organizations

OPEC meets this week as oil optimism builds

September 25, 2016

The OPEC oil cartel plans to hold an informal meeting in Algeria this week to consider whether steps should be taken to stabilize oil prices following a slump of more than two years. Ministers of the 14 OPEC nations flirted with a similar notion earlier this year in a meeting with Russia in Qatar, but the prospect of a freeze in oil output failed because rivals Saudi Arabia and Iran refused to back off on their drives to increase market share, regardless of price. (Read more)

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by Bill Loveless
Article, Corporations, Economy / Finance, Energy, Organizations

‘World’s energy superpower’ fights OPEC obsession

August 10, 2016

Although OPEC’s influence over world oil prices has declined in recent years, the mere mention of a meeting by the cartel’s member countries is still enough to trigger speculation and move the market. We saw that Monday when oil prices jumped 3% in New York after news broke that OPEC planned to assemble unofficially in Algeria in September in response to the latest setback in the market. (Read more.)

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by Bill Loveless
Article, Consumer, Corporations, Economy / Finance, Energy, Government and Politics, International, People

Oil supply uncertainty helps pump up prices

June 13, 2016

With oil markets stuck in a slump for two years now, it’s easy to forget how much a sudden loss of supply can impact prices. But the U.S. Energy Information Administrationreminds us of that risk in a new report that puts “unplanned” oil supply disruptions throughout the world at a five-year high in May. (Read more)

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by Bill Loveless
Article, Energy, Government and Politics, International

Trump’s take on oil, OPEC? N.D. speech may offer details

May 22, 2016

As is the case with most of his policy stands, Donald Trump has spoken only generally about how he thinks Washington should treat energy production in the U.S., expressing strong support for the oil, natural gas and coal industries, and promising to cut funding for what he sees as excessive regulation. But this week in North Dakota, the presumptive Republican nominee for president may reveal more about his views on promoting domestic energy, and perhaps take another shot at Saudi Arabia, the leader of the Organization of the Petroleum Exporting Countries (OPEC). (Read more)

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by Bill Loveless