Get the latest as our experts share their insights on global energy policy.
This Energy Explained post represents the research and views of the author(s). It does not necessarily represent the views of the Center on Global Energy Policy. The piece...
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
After years of trying, the US may be on the cusp of a nuclear renaissance. Commercial nuclear generation began in this country in 1958. Today, the US has...
Find out more about our upcoming and past events.
Dr. Claudia Castro will share insights into her professional journey and the role of financial markets in shaping energy investments.
Report 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.
The White House announced last week an oil deal for more than 65 billion barrels of oil reserves in Venezuela and a 35% equity stake in North American Blue Energy Partners (NABEP).
Full report
Report by James Stock • December 04, 2014