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Letter from the UAE: The GCC and Iran – No easy way out
For GCC producers, the ceasefire may prove more destabilising than the war itself: exports remain constrained, and control over Hormuz has shifted in ways that could endure
China’s secure energy transition
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
Qatar’s Golden Pass dilemma
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
Lessons from the crisis
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
Letter from the US: The oil market abyss
The overlooked oil supply issue is that even after the Strait of Hormuz opens, barrels won’t readily return
Do not politicise a geopolitical crisis – Ydreos
The Strait of Hormuz disruption has exposed weakness in the global energy system and reignited debate over security of supply, but it should not be used to justify an accelerated shift away from fossil fuels, says the secretary general of the IGU
A bigger and longer crisis
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
How Russia gains from the Hormuz supply shock
The US may be systemically stripping Russia of key geopolitical allies, but Moscow can reap rewards from the Hormuz crisis, both in the short and long term
Hormuz crisis delivers tailwinds for US LNG
Disruptions to Qatari LNG exports have highlighted the risks of concentrated supply, potentially strengthening the long-term position of US exporters despite limited near-term flexibility
Letter from Dubai: A safe haven under fire
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
Republican President Candidate Donald Trump speaks on TV during a debate with Democratic Candidate Kamala Harris
Opinion
US Politics
Philip K. Verleger
Denver
8 October 2024
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Letter from the US: Talk is cheap in US presidential election

History shows us that there is a long way to go from candidate proposals to policy implementation

Energy policy has a chequered history when it comes to the last 12 presidential elections. It played a significant role in some. In others, different matters pushed it out of the limelight. Over these 48 years, the key takeaway is that the agendas candidates discussed or promised during campaigns were seldom, if ever, implemented as originally proposed, if implemented at all. Energy was front and centre in the 1976 election as Jimmy Carter, the former Georgia governor, took on the incumbent Gerald Ford. A key pillar of Carter’s rhetoric was his claim the US lacked a coherent and effective energy policy. Ford, in contrast, blamed regulation for many of the nation’s energy-related problems. Af

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The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away

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