The Russian oil supply shock of 2022
In the immediate aftermath of Russia’s invasion of Ukraine in late February, early estimates suggested that perhaps 3 million barrels a day (mb/d) of petroleum production had been effectively removed from the global oil market, constituting one of the largest supply shortfalls since the 1970s.
March 22, 2022
Electric vehicles gain ground but still face price, range, charging constraints
Further improvement seems necessary before a wholesale switch to EVs occurs in the U.S.
February 22, 2022
Solar lights up outlook for renewable energy in Texas
Improving economics and government tax incentives have spurred investment in utility-scale solar facilities in Texas.
February 08, 2022
A Ban on U.S. Crude Oil Exports Would Not Lower Gasoline Prices at the Pump
High gasoline prices have stimulated interest in what the Biden administration can do to lower the price at the pump.
January 04, 2022
Better Vehicle Batteries Needed to Power Energy Transition
A large-scale conversion to electric vehicles (EVs), necessary for a successful transition from fossil fuels, has yet to occur despite dramatic improvements in battery costs and performance over the past decade.
December 21, 2021
Southwest Economy, Fourth Quarter 2021
Natural gas demand recovers, lifts prices
Global demand for U.S. natural gas has risen as many pandemic-induced limits on economic activity have been lifted, but domestic production has only slowly recovered.
December 15, 2021
Limited Impact of Rising Energy Prices on U.S. Inflation, Inflation Expectations in 2020–23
Predictions of $100 per barrel oil during the coming winter have raised fears of persistently high inflation and rising inflation expectations for years to come. However, quantitative analysis suggests that these concerns have been overstated.
November 23, 2021
Southwest Economy, Third Quarter 2021
Once-oil-dependent Texas economy to keep growing as renewable energy expands
The negative environmental impacts of global warming have motivated the beginnings of a global transition from traditional fossil fuels to renewable energy.
September 30, 2021
Surging renewable energy in Texas prompts electricity generation adequacy questions
With little investment taking place in new thermal generation, does the design of Texas’ electricity market provide enough incentive to develop capacity for future power needs?
August 17, 2021
Southwest Economy, Second Quarter 2021
Texas winter deep freeze broke refining, petrochemical supply chains
It may take the Texas petrochemical industry until year-end 2021 to fully recover from the record cold that triggered power outages and supply disruptions in mid-February.
June 18, 2021