Here’s an iron rule of oil politics: when gasoline prices go up, calls to crack down on speculators increase alongside them. The current situation is no exception. Some who are calling for an SPR release argue that it would succeed by punishing, and thus deterring, speculation. (In the memorable words of one man interviewed by the New York Times, an SPR release would “spank the speculators”.) Others are calling for direct restrictions on speculative activity. Read more »
Bob McNally, one of the smartest obsevers of the nexus of energy and politics around, published a provocative note last Thursday on the recent evolution of OPEC and what it means for global oil markets. In light of what’s been going on in the Middle East, I thought it would be worth excerpting at some length. Here’s how he starts: Read more »
The jump in oil prices over the past month or so has clearly been driven by what’s going on in the Middle East and North Africa. That’s why most analysts assume that when things (presumably) calm down, oil prices will drop back to previous levels too. And so long as oil prices don’t stay high for a prolonged period, the economic impact should be relatively small. Read more »
Energy, Security, and Climate examines policy challenges surrounding energy, security, and climate change.
In The Hacked World Order, CFR Senior Fellow Adam Segal shows how governments use the web to wage war and spy on, coerce, and damage each other. More
Red Team provides an in-depth investigation into the work of red teams, revealing the best practices, most common pitfalls, and most effective applications of these modern-day devil's advocates. More
Through insightful analysis and engaging graphics, How America Stacks Up explores how the United States can keep pace with global economic competition. More
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Williams argues that the status quo for peace operations in untenable and that greater U.S. involvement is necessary to enhance the quality and success of peacekeeping missions.
The authors argue that the United States has responded inadequately to the rise of Chinese power and recommend placing less strategic emphasis on the goal of integrating China into the international system and more on balancing China's rise.
Campbell evaluates the implications of the Boko Haram insurgency and recommends that the United States support Nigerian efforts to address the drivers of Boko Haram, such as poverty and corruption, and to foster stronger ties with Nigerian civil society.