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January 28, 2026 • 6:00 pm - 8:30 pm est

Powering Data Centers: Nuclear Energy and Emerging Careers

The Center on Global Energy Policy at Columbia University SIPA's Women in Energy initiative and Accenture invite you to join us for an evening of conversation and networking...

Event • Accenture – One Manhattan West
395 9th Ave, New York
Powering Data Centers: Nuclear Energy and Emerging Careers

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Oil

The Implications of Lower Oil Prices for the US Economy Amid the Shale Boom

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.

You can download and read the policy brief here (pdf).

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Oil

America’s Toothless Sanctions on Russian Oil

Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.

Op-eds & Essays with Erica Downs & Richard Nephew • Foreign Affairs • November 24, 2025
America’s Toothless Sanctions on Russian Oil
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Oil

The Implications of Lower Oil Prices for the US Economy Amid the Shale Boom

Reports by James Stock • December 04, 2014

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