Asia & the Pacific

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil”, “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.

The subtitle tells the story. In the early 2000s, many pundits and politicians talked up “peak oil,” “energy scarcity,” and all that. In a geological heartbeat later—about a decade—the world had entered an era of “energy abundance,” largely due to innovations that allowed producers to crack into shale formations to release massive new sources of oil and gas. The United States has gone furthest and fastest in fracking and is setting records for oil and gas production. For the US, says O’Sullivan, this has been an economic, strategic, and environmental game-changer. For the rest of the world, the effects are more differentiated but hardly less profound.

If asked what will be the most consequential meeting this weekend in Argentina at the G-20, you might have a hard time making up your mind. You’d have good reason to choose a) the Trump-Xi bilateral. But b), the gathering to sign the new Nafta deal, could also go awry. If you are like me, you are relieved that c), the Trump-Putin meeting, is now off the table.

CNBC's Eamon Javers reports from the White House on the press conference with Swedish Prime Minister, Stefan Löfven, and President Donald Trump. With CNBC Contributor Larry Kudlow; Nicholas Burns, Harvard's Kennedy School; and CNBC's Mike Santoli.

"The Divider-in-Chief seems entirely comfortable with — and maybe even a little envious of — the various autocrats who are richer or more powerful than he is (or both) and free from those inconvenient constitutional constraints and checks and balances that keep getting in the way of Trump's feuds, whims, and destructive impulses."

"As bad as Trump's first six months have been, there are a number of major foreign-policy blunders he hasn’t made yet and for which we should therefore be grateful. Unfortunately, there are also signs he's contemplating several of them, and plunging ahead may look more tempting as his political fortunes erode. The more desperate he gets, the more he may be inclined to divert attention from his incompetence here at home by stirring up trouble somewhere else."

Professor Nicholas Burns appeared on CNN to speak about the week's chaos in the White House, as well as recent events in North Korea, Russia, and Venezuela. 

Former Undersecretary of State Nicholas Burns on former President Obama meeting with South Korea leaders, Obama's role in shaping Democratic Party strategy and President Trump's battle with the media.

Professor Nicholas Burns and Future of Diplomacy Project Senior Fellow, David Ignatius, in conversation with Charlie Rose about the Trump administration on the national security stage.

"Government bureaucrats have been held in low regard for a long time, which makes them an easy target. But you also can't do anything in public policy without their assistance, and my guess is that Americans will be mighty unhappy when budget cuts, firings, resignations, and the like reduce government performance even more. Get ready for a steady drip, drip, drip of leaks and stories emanating from dedicated civil servants who are committed to advancing the public interest and aren't going to like being treated with contempt and disdain by a bunch of hedge fund managers, wealthy Wall Streeters, or empty suits like Energy Secretary Rick Perry, all led by President Pinocchio."