Why Japan’s utility firms want to pull the plug on destination restrictions for LNG supply
A hardened feature of long-term LNG contracts, the destination clause, is coming under renewed scrutiny as the quest for flexibility gathers momentum.
Energy Explained
Get the latest as our experts share their insights on global energy policy.
U.S. State Actions to Help Fossil Fuel Communities Navigate the Energy Transition
The world has committed to transitioning away from fossil fuels to avoid the most severe threats of climate change.[1] Communities across the United States rely on fossil fuel...
Podcasts
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
Inside the 2024 World Energy Outlook
Rising electricity demand. Heightened geopolitical tension. Fragility in energy markets. These are some of the big stories shaping the energy transition outlined in the International Energy Agency’s newest...
Events
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November 21, 2024
• 6:00 pm - 8:30 pm
est
Careers in Sustainable Startups
Gender disparities in entrepreneurship are stark. Only one in every three businesses is owned by a woman.
Event
• Pillsbury Winthrop Shaw Pittman
Welcome Back to Boom-Bust Oil Prices
Commentary by Robert McNally • December 17, 2015
In this commentary piece, Bob McNally, a Fellow at the Center on Global Energy Policy and Founder and President of The Rapidan Group, explains how OPEC abdicated the role of market manager over ten years ago–not just in the last year–and that we have already seen the results in a boom (2004–2008) and two busts (2008, 2014–2015) in oil prices. Given oil’s vital role in the global economy, financial markets, and policymaking, coping with elevated price volatility will require the sustained and smart attention of business and government leaders.
Relevant
Publications
China’s Slowing Oil Demand Growth Is Likely to Persist and Could Impact Markets
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024. Between 2000 and 2023, China accounted for 50 percent of...
Falling Interest Rates Alone May Not Imminently Boost Investments in Renewable Energy
The US Federal Reserve (Fed) commenced its monetary easing cycle on Wednesday with an aggressive 50 basis points policy rate cut. The United States is not alone in...
The Case for Strengthening Sanctions Regimes to Fight Corruption
As new industries are emerging to support the energy transition, anti-corruption sanctions are an important part of the international effort to ensure that the global economy operates on...
