Facing Low Oil Prices Exxon Is Looking For New Strategies The current oil glut makes many conventional oil project uneconomical WASHINGTON – Major oil companies are in deep trouble. Too much global supply means lower crude prices. If this...
China To Become Green Super Power? Will massive investments in renewables transform Chinese electricity production? WASHINGTON – Many Western environmentalists and commentators openly praise China for its declared energy policy objective of turning itself...
No Economic Growth Without Clear Property Rights How to turn dead capital into an engine of development WASHINGTON – The almost unanimous mission statement of key International Financial Institutions (IFIs) devoted to development, along with national...
Oil Prices Will Go Down But U.S. Shale Will Survive Showing remarkable resilience and flexibility the American shale oil industry managed to stay profitable in adverse market conditions WASHINGTON – After the oil production cuts recently announced first by OPEC and then non OPEC oil producers, oil...
The Obama Foreign Policy Record Hesitation and retreat mark Obama's eight year in office WASHINGTON – The almost universally accepted narrative dished out daily by the serious, high brow U.S. media is that come...
No Real Development Without Economic Growth – Part 2 No progress without focus on what it takes to foster enterprise and growth WASHINGTON – International development practitioners focus on policies through which they can eliminate or alleviate poverty, the visible manifestation of...
No Real Development Without Economic Growth – Part 1 Development practitioners wrongly believe that poverty can be eliminated without building robust enterprises WASHINGTON – International development is generally defined by practitioners of this craft as “the fight against poverty“. I totally disagree...
Donald Trump And Nuclear Weapons Modernizing the American nuclear rsenal is the best way to keep the peace WASHINGTON – Casual talk about nuclear weapons and their possible use is not recommended. Likewise, tough remarks about not being outspent...
Mass Produced Electric Cars? Sooner Than You Think The cost of batteries is going down. EVs are becoming more affordable WASHINGTON – The still unresolved issue that will determine if and when there will be real mass demand for Electric...
Round One: US Shale Wins, OPEC Loses The US shale oil industry managed to become more productive and more efficient WASHINGTON – Here is the news. The US shale oil industry, while badly wounded by the price war waged...