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 Russia Eurasia Center
- How Far Can Russian Arms Help Iran?Commentary
Arms supplies from Russia to Iran will not only continue, but could grow significantly if Russia gets the opportunity.
Nikita Smagin
- Is There Really a Threat From China and Russia in Greenland?Commentary
The supposed threats from China and Russia pose far less of a danger to both Greenland and the Arctic than the prospect of an unscrupulous takeover of the island.
Andrei Dagaev
- Ukrainian Villages Are a Bigger Prize for Putin Than a Deal With TrumpCommentary
Western negotiators often believe territory is just a bargaining chip when it comes to peace in Ukraine, but Putin is obsessed with empire-building.
Andrey Pertsev
- Has Trump the Destroyer Eclipsed Putin the Destroyer?Commentary
Unexpectedly, Trump’s America appears to have replaced Putin’s Russia’s as the world’s biggest disruptor.
Alexander Baunov
- Russia’s Latest Weapons Have Left Strategic Stability on the Brink of CollapseCommentary
The Kremlin will only be prepared to negotiate strategic arms limitations if it is confident it can secure significant concessions from the United States. Otherwise, meaningful dialogue is unlikely, and the international system of strategic stability will continue to teeter on the brink of total collapse.
Maxim Starchak
