• Global Gas Centre and EPRINC Co-Host Virtual Workshop “Future of North American Natural Gas In A Carbon-Constrained World

    The Energy Policy Research Foundation and the Global Gas Centre have jointly hosted a webinar on the “Future of North American Natural Gas In A Carbon-Constrained World.” A group of about 60 industry leaders, researchers, and senior policymakers participated in the workshop on June 3, 2021.  
     
    GCC and EPRINC are collaborating on a joint effort to evaluate the role of North American natural gas as governments worldwide undertake efforts to accelerate the energy transition. Among the more important objectives of this joint effort are identifying recent trends and longer-term uncertainties in North American natural gas markets, government and industry initiatives to address GHG emissions and the role of natural gas both in energy markets in North America as well as in the world market as an important fuel source through LNG exports. EPRINC and GCC staff, experts, policymakers, and a cross-section of industry executives continued this discussion on the current state of the North American natural gas market and an assessment of the new regulatory environment.

    The agenda from the event is here, and the presentations that were given at the workshop can be found here. A full recording of the workshop can be accessed here.

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  • “With Global Oil Demand on the Rebound, What About Supply?” By Rafael Sandrea

    EPRINC’s Rafael Sandrea has published another paper, this one entitled “With Global Oil Demand on the Rebound, What About Supply?” The piece analyzes the impact of COVID-19 and the Texas Freeze on global oil demand and supply. Rafael also examines future oil supplies moving forward into 2021 by discussing trends in exploration and providing fresh comparative economics regarding oil supply vs. renewables. 

     

    Rafael’s paper can be found here.

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  • EPRINC’s Lucian Pugliaresi and Larry Goldstein Publish a Commentary on Policy Responses to the Current Crisis in the World Oil Market in Real Clear Energy

    EPRINC President Lucian Pugliaresi and former EPRINC President Larry Goldstein have written a piece for Real Clear Energy entitled “Oil Quotas and Import Fees? No, Get America Back to Work.” In this piece, they examine the current issues in petroleum in light of the COVID-19 pandemic, as demand destruction coincides with an oversupplied market. They write about their concerns with oil quotas and import fees as realistic solutions to this issue, and provide their thoughts on a possible solution. Click here to read their article.

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  • gas

    Federal Gasoline Taxes

    Nobody wants to see their gasoline taxes go up, but the federal excise tax on gasoline has remained at 18.4 cents a gallon since 1993. Could it play a role in helping to get tax reform approved and should it be adjusted at least for inflation? Lucian Pugliaresi, Larry Goldstein, and Will Pack take us through a short analysis on the gasoline tax, its upside as a revenue raiser and potential instrument for regulatory reform in the transportation fuels sector and its downside as a regressive tax. The paper can be found here.

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  • taxes

    UNDERSTANDING THE LANDMINES IN THE TAX REFORM INITIATIVE

    Larry Goldstein and Lucian Pugliaresi comment on the proposed Border Adjustment Tax, the so-called BAT.  Larry is a  member of EPRINC’s board of trustees and its past president. Lucian Pugliaresi is President of EPRINC.  Their commentary can be found here.

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Global Gas Centre and EPRINC Co-Host Virtual Workshop “Future of North American Natural Gas In A Carbon-Constrained World

The Energy Policy Research Foundation and the Global Gas Centre have jointly hosted a webinar on the “Future of North American Natural Gas In A Carbon-Constrained World.” A group of about 60 industry leaders, researchers, and senior policymakers participated in the workshop on June 3, 2021.  
 
GCC and EPRINC are collaborating on a joint effort to evaluate the role of North American natural gas as governments worldwide undertake efforts to accelerate the energy transition. Among the more important objectives of this joint effort are identifying recent trends and longer-term uncertainties in North American natural gas markets, government and industry initiatives to address GHG emissions and the role of natural gas both in energy markets in North America as well as in the world market as an important fuel source through LNG exports. EPRINC and GCC staff, experts, policymakers, and a cross-section of industry executives continued this discussion on the current state of the North American natural gas market and an assessment of the new regulatory environment.

The agenda from the event is here, and the presentations that were given at the workshop can be found here. A full recording of the workshop can be accessed here.

“With Global Oil Demand on the Rebound, What About Supply?” By Rafael Sandrea

EPRINC’s Rafael Sandrea has published another paper, this one entitled “With Global Oil Demand on the Rebound, What About Supply?” The piece analyzes the impact of COVID-19 and the Texas Freeze on global oil demand and supply. Rafael also examines future oil supplies moving forward into 2021 by discussing trends in exploration and providing fresh comparative economics regarding oil supply vs. renewables. 

 

Rafael’s paper can be found here.

Emily Medina on the Future of the U.S.-Mexico Energy Relationship

EPRINC Fellow Emily Medina has published another piece on Mexican public policy and energy economics. This paper, entitled “The U.S.-Mexico Energy Relationship Going Forward,” examines the future of the relationship between the two countries focusing on bilateral energy integration, Mexico’s new nationalist policies, and the incoming Biden administration while keeping the geopolitics of the world in mind. The paper can be found here.

The piece has been published by Mexico Today, an English-language news service by the newspaper Reforma.

Max Pyziur Publishes “There Will Be Gas”

EPRINC’s Director of Downstream, Transportation Fuels, & Natural Gas Projects Max Pyziur has published a new paper entitled “There Will Be Gas” in which he assesses the U.S. natural gas supply in light of the recent low-price environment. He writes:

“With the advent of the COVID-19 pandemic in early 2020, world and U.S. crude oil prices collapsed. Price recovery is underway but it will take time before prices recover to $40-$50/bbl. These low prices are resulting in large reductions in U.S. crude oil production and its associated gas output. However, the U.S. resource base for natural gas, both dedicated (non-associated) and associated, remains vast. Companies may go bankrupt, but the geologic formations remain. A central question for policy makers and the U.S. petroleum industry is whether the current downturn in crude oil prices, particularly if it persists for a considerable period of time, will substantially alter the outlook for large and competitively priced natural gas supplies as a feedstock for LNG. This EPRINC report evaluates the potential for the U.S. to remain competitive as a major provider of LNG to the world market in a low oil price environment and what policies, if any, should be implemented to sustain the competitive outlook for the U.S.”

Max’s paper can be found here.

EPRINC’s Emily Medina Interviewed on Mexican National TV for El Financiero Bloomberg

EPRINC Fellow Emily Medina was interviewed on April 30, 2020 by El Financiero Bloomberg, which aired on national television in Mexico. She discussed the financial situation of Petróleos Mexicanos (PEMEX), and pointed out that “it is time for the Government to plan a strategy that adapts to the current environment.” A link to the El Financiero Twitter account which has a clip of that interview is here, please note that the interview is in Spanish. Emily has written up an English summary of the interview, which can be found here.

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