Israel-Iran Energy War Disrupts Global LNG Supply for Years
Qatars LNG Facility Damage Forces 3-5 Year Repair, Contract Cancellations Attacks on Ras Laffan disrupt global supply, triggering force majeure on con
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Reports by James Stock • December 04, 2014
Oil prices have fallen nearly 40 percent since June, translating to a drop of nearly $1 in gasoline prices. Declines in oil prices are generally seen as an economic windfall for net petroleum importers, like the United States. As the United States becomes a much larger oil producer as well, however, lower prices create different winners and losers. This policy brief explores the overall economic impacts of a sharp drop in oil prices for the United States. It was co-authored by Center Founding Director Jason Bordoff and Harvard University Professor James Stock, who served until July 2014 as a Member of the President’s Council of Economic Advisers.
Media reports suggest the Trump Administration is considering restrictions on US oil exports. Officials have said such measures are not under discussion, according to media reports, but the...
The oil shock triggered by the crisis in the Persian Gulf has pushed crude above $100 per barrel, reviving familiar fears of economic turmoil in the United States driven by surging gasoline and diesel prices.
Amid global oil and gas disruptions, China stands prepared for the electrostate era.
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Reports by James Stock • December 04, 2014