View / Hormuz limbo is now global oil’s top risk
Lost supply and a projected demand rebound have placed the oil market in a fragile equilibrium.
Turning on a light or filling a glass with water from the kitchen tap are two of the simple conveniences we often take for granted. While energy and water are essential resources, the ways in which they are interconnected is generally not well understood. If a country or region lacks one of these resources, that can limit its ability to access supplies of the other. Producing energy can impact water supply and quality. And producing useable water where its needed takes a lot of energy. Population and economic growth, climate change, government policies, and much more can all further strain access to water and energy, which is becoming ever more critical as developing economies seek access to them for their citizens.
On this episode of Columbia Energy Exchange, host Jason Bordoff sits down with Dr. Michael Webber, Deputy Director of the Energy Institute and Associate Professor of Mechanical Engineering at The University of Texas at Austin, to discuss the energy-water nexus, which is the topic of his recent book, Thirst for Power: Energy, Water, and Human Survival. Among the topics of they cover:
Abundance and affordability have become buzzwords among policymakers, who often have sharply different interpretations of how to attain them. To some, an energy abundance agenda means fewer regulatory...
It started last year as a pressure campaign at sea, with the United States seizing tankers as part of what President Trump called a “total and complete blockade”...
Over the past five months, the Strait of Hormuz has been closed for extended stretches of time, disrupting roughly 10 to 15 million barrels of oil supply each...
As the demand for power surges across the US, the debate over how to build energy infrastructure has reached a fever pitch. And while both sides of the...
The centre of gravity of the global energy system has definitively shifted eastward, driven by rapid industrialisation, expanding urban populations, and rising
Data centers face growing local opposition as states impose moratoriums on hyperscale projects and grid connections. Communities can negotiate deals for tax revenue and jobs.
By almost any measure, the world should be suffering a far more severe energy crisis.
The ongoing disruption of oil exports through the Strait of Hormuz has caused a substantial decline in China's crude oil imports.