Article
Deborah Gordon, Smriti Kumble, David Livingston
{
"authors": [
"David Livingston"
],
"type": "other",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "ctw",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "SCP",
"programs": [
"Sustainability, Climate, and Geopolitics"
],
"projects": [
"Carnegie Oil Initiative"
],
"regions": [
"North America",
"United States"
],
"topics": [
"Climate Change"
]
}
Source: Getty
Other
At Keystone XL’s Destination, A Global Battle Brewing
Recent upheavals in the oil market, most notably the growth in North American unconventional oil and the evolving response of OPEC, are prompting a reappraisal of conventional wisdom across a number of areas.
Published on Jul 7, 2015
Source: European Centre for Energy and Resource Security
Recent upheavals in the oil market, most notab ly the growth in North American unconventional oil and the evolving response of OPEC, are prompting a re - appraisal of conventional wisdom across a number of areas. Though analysis has tended to focus on global dynamics, many of the oil market’s defining ch aracteristics are determined by regionalized micro - competition. This article explores evolving supply dynamics in the U.S. Gulf Coast, the most important refining hub and single largest source of heavy oil refining capacity. The implications of these evolv ing dynamics hold repercussions for the debate over the Keystone XL pipeline, Saudi Arabia’s ability to maintain a foothold in the North American market, and the heightened competition among heavy crude oils in the Western Hemisphere. It is suggested that U.S. policymakers place their ultimate focus not upon individual pieces of infrastructure, but instead upon establishing strategic priorities for managing the new and dynamic supplies of oil – including heavy oil – that is competing for refinery capacity i n North America.
This article was originally published by the European Centre for Energy and Resource Security.
Read Full Text
About the Author
David Livingston
Former Associate Fellow, Energy and Climate Program
Livingston was an associate fellow in Carnegie’s Energy and Climate Program, where his research focuses on emerging markets, technologies, and risks.
- Advancing Public Climate Engineering Disclosure
- Working Around Trump on ClimateCommentary
Erik Brattberg, David Livingston
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Europe
- Taking the Pulse: Is France’s New Nuclear Doctrine Ambitious Enough?Commentary
French President Emmanuel Macron has unveiled his country’s new nuclear doctrine. Are the changes he has made enough to reassure France’s European partners in the current geopolitical context?
Rym Momtaz, ed.
- The Iran War’s Dangerous Fallout for EuropeCommentary
The drone strike on the British air base in Akrotiri brings Europe’s proximity to the conflict in Iran into sharp relief. In the fog of war, old tensions in the Eastern Mediterranean risk being reignited, and regional stakeholders must avoid escalation.
Marc Pierini
- The EU Needs a Third Way in IranCommentary
European reactions to the war in Iran have lost sight of wider political dynamics. The EU must position itself for the next phase of the crisis without giving up on its principles.
Richard Youngs
- Resetting Cyber Relations with the United StatesArticle
For years, the United States anchored global cyber diplomacy. As Washington rethinks its leadership role, the launch of the UN’s Cyber Global Mechanism may test how allies adjust their engagement.
Patryk Pawlak, Chris Painter
- Europe on Iran: Gone with the WindCommentary
Europe’s reaction to the war in Iran has been disunited and meek, a far cry from its previously leading role in diplomacy with Tehran. To avoid being condemned to the sidelines while escalation continues, Brussels needs to stand up for international law.
Pierre Vimont
