Energy

123 Items

Analysis & Opinions - Hoover Institution Press

China Brokers Diplomacy Between Iran and Saudi Arabia: Implications for the US Role in the Middle East

| Mar. 23, 2023

For over a decade, American officials have been touting the wisdom of a strategic “pivot” away from the Middle East in order to face the threat of a rising China. During that same period, Beijing has identified the Middle East as a primary arena for great power competition with the United States. 

Workers stand on a platform at a Saudi Aramco oil separator processing facility in Abqaiq, near Dammam, Sept. 20, 2019.

AP Photo/Amr Nabil

Paper

Reversal of Fortune for Political Incumbents after Oil Shocks

    Authors:
  • Simeon Djankov
  • Ha Nguyen
  • Ivan Yotzov
| March 2021

This paper explores the effect of oil shocks on electoral outcomes. Using a new polling and election data set for 207 elections across 50 democracies, the paper shows that oil price increases systematically lower the odds of reelection for incumbents. The analysis verifies that these shocks—which reduce consumption growth—are associated with worsening performance for incumbents in the runup to reelection and a reversal in the leaning of the political party in power post-election.  

Then-Defense Secretary James N. Mattis meets with Saudi Arabia's Crown Prince Mohammed bin Salman at the Pentagon on March 22, 2018.

Department of Defense/Navy Mass Communication Specialist 1st Class Kathryn E. Holm

Analysis & Opinions - Bulletin of the Atomic Scientists

Saudi Arabia’s Nuclear Program: Separating Real Concerns from Threat Inflation

| Oct. 08, 2020

In the highly charged political atmosphere surrounding nuclear initiatives in the Middle East, legitimate concerns are sometimes blown out of proportion, with potentially problematic results. This has been the case with recent coverage and commentary on Saudi Arabia’s nuclear activities, which have been characterized by a degree of what can be described as “threat inflation.”

One of the parabolic mirrors arrays at the Shams-1 concentrated solar power plant in the UAE, January 2015.

IRENA photo, CC by-nc-sa 2.0

Report

Green Ambitions, Brown Realities: Making Sense of Renewable Investment Strategies in the Gulf

| March 2020

Gulf countries have hailed their investments in renewable energy, but some basic questions remain about the extent to which it makes sense for GCC states to invest aggressively in renewables. The sheer magnitude of such investments will require these countries to mobilize significant public resources.  Therefore, such an assessment requires these countries to focus on national interests, not just a desire to be perceived as constructive participants in the global transition away from carbon energy. 

This report starts by identifying four common strategic justifications for investing in renewable energy in GCC countries. Each of these rationales highlights a different aspect of renewable energy investments. In addition, each rationale is based on different assumptions about the underlying drivers of such investments, and each rationale is based on different assumptions about the future of energy. 
 

Iranian parliamentarians dressing in IRGC uniforms to demonstrate solidarity  following the Trump administration's terrorist designation of the organization.

IRNA

Analysis & Opinions

The Iran–U.S. Escalation: Causes and Prospects

| June 09, 2019

Despite the continuing debate in Tehran, the principle of “no negotiation under pressure” with the United States remains a consensual principle among all members of the current regime. The Supreme Leader has expressed this position by stating that the negotiations with the Trump administration are “double poison”. While Iran’s regional enemies are pushing for confrontation, the international community remains supportive of Tehran’s political position, as long as it stays committed to the nuclear deal. Existing indicators do not point at any willingness for confrontation from either side – at least at the moment. And although some regional actors have attempted to pacify the tension, the prospects for a truce remain unlikely within the current context.

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu

Reuters

Analysis & Opinions - Los Angeles Times

Trump’s Still-Murky Israeli-Palestinian Peace Plan Already Meeting Stiff Opposition

| May 27, 2019

After numerous false starts, the Trump administration is finally preparing to unveil its long-promised Mideast peace plan in coming weeks, and initial indications suggest it is aimed at pleasing Israel while offering financial incentives to the Palestinians but no pathway to statehood, their primary demand.

A traditional Iranian bazaar in the city of Kashan

Wikicommons

Analysis & Opinions - The Hill

Can Iran Weather the Trump Storm?

| May 03, 2019

In the past 10 years, oil exports have averaged about $67 billion in Iran. Last year, they dropped by two-thirds, and they are expected to drop below $30 billion this year.  There are reasons to believe that, with appropriate policies, the country can live with this level of oil exports, albeit at a reduced standard of living, and even do itself some good in the long run by reducing its dependence on oil.

Iran has been there before. In 2012, when President Obama ratcheted up U.S. sanctions against Iran, oil exports dropped by 27.5 percent, and GDP fell by 6.2 percent. In 2015, sanctions and the collapse of oil prices further reduced oil exports to $32 billion, a decade-long low, and GDP declined by 1.6 percent. If Iran’s leadership is to successfully resist U.S. demands, it must do more than find ways to evade sanctions. A lot depends on its ability to adopt a plan that reduces the economy’s dependence on oil, while distributing the burden of restructuring equitably across social groups.