GPF Team

Sept. 1, 2017

Sept. 1, 2017 Riyadh won’t surrender this power easily – even when faced with low oil prices and its own waning influence.

Sept. 1, 2017 Natural disasters like Hurricane Harvey are unpredictable. They come quickly and, compared to great plains and mountain chains, leave just as quickly. No matter how diligent or rigorous we of GPF are, there are circumstances we will not be able to anticipate, and the only antidote for that is to be quick to recognize when those circumstances are upon us and to correct our course accordingly. Hurricane Harvey, and the concurrent storms of southern China, are serious enough to consider whether they qualify.

Harvey hit the heart of the U.S. oil industry. So far, it has shut down 11.2 percent of U.S. refining capacity (about one-third of all U.S. refining capacity is in Texas’ Gulf Coast) and roughly 25 percent of U.S. oil production from the Gulf of Mexico (accounting for about 20 percent of U.S. crude production). It has also closed all ports along the Texas coast.

Sept. 1, 2017

Turkey knows it needs to balance both friend and foe – Kamran Bokhari and Xander Snyder talk about what considerations it must make. Sign up here for free updates on topics like this.