Stay on top of the latest developments in oil markets, geopolitical risk, and alternative fuel vehicles with the SAFE policy team's Chart of the Week.
New data from California shows advancement in the volume and quality of AV activity, but disengagement reports are an imperfect measure and the reporting does not include activities on private roads and outside the state.
A series of recent deepwater discoveries has demonstrated that the offshore oil sector is beginning to rebound after years of subdued activity, despite increasing interest in onshore shale drilling.
Jet fuel demand growth appears guaranteed in coming decades with increased aviation travel and limited substitutes in this area.
Dealing with the country’s energy security vulnerabilities requires sustained and targeted involvement by the federal government. The SPR plays an important role in insulating the U.S. economy from a volatile and unpredictable global oil market
Monthly debt payments of several hundred dollars, or more, mean that personal vehicle ownership may become impacted. At the margin, households may choose to own fewer vehicles to account for the need to make student loan payments.
General James Conway’s background as a Marine motivated him to engage in the cause of oil dependence because of its negative effects on national security.
If future population growth occurs in suburbs of lower-density and higher income, then vehicle ownership will likely rise, whereas if future population growth gathers in higher-density, lower-income cities, vehicle ownership may decline.
Since the price downturn, companies have prioritized digital technologies, artificial intelligence, automation, robots and drones, connectivity, and data analytics in their budgets.
Fourth-quarter earnings significantly missed expectations, but they do not necessarily negate the broader improving trend for the oil majors.