U.S. LNG ‘GasLift’ Floods European Terminals Ahead of Russia Gas Cutoff

As payments to Russian energy giants by other countries near their due dates, many ask whether this is the time when Russia may cut its gas deliveries to Europe completely — and, if so, what can the U.S. do? The authors explain why currently, more drastic actions such as invoking the Defense Production Act could prove counterproductive, unnecessary and harmful to U.S. trade policy. Continue Reading

Powerless: López Obrador’s failed electricity reforms

Mexico’s president Andrés Manuel López Obrador recently lost a major congressional vote in his bid to limit private investment in the country’s electricity sector. Although López Obrador cannot run for election again, the vote represents a stand against his vision for Mexico — and sets the stage for the 2024 presidential election, which may be much more competitive than many suspected just a few months ago. Continue Reading