Optional:
Daniel Yergin, The Prize: The Epic Quest for Oil, Money, and Power, 2008, Excerpt from Chapter 8 - pp. 134-138; Exerpts from Chapters 16-19 - pp. 310-370; Excerpts from Chapter 23 - pp. 432-460; Excerpt from Chapter 27 - pp. 524-526; Excerpt from Chapter 21 - pp. 404-408.
Yegor Gaidor, Collapse of an Empire: Lessons for Modern Russia (Washington DC: Brookings Institution Press), 2007.
Class 3: Wednesday January 28
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Topic: The Global Energy Landscape: Demand, Supply, and Price
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Required:
(43 pages) Richard G. Newell and Stuart Iler, “The Global Energy Outlook” in Energy and Security: Strategies for a World in Transition (Johns Hopkins University Press, 2013), Chapter 2, pp. 25-68.
(8 pages) International Energy Agency, “Executive Summary,” World Energy Outlook 2014, OECD, 2014, pp. 23-29. (PDF of whole report on course page)
Optional:
(5 pages) BP Statistical Review of World Energy, JUN-2014, pp. 1-5.
http://www.bp.com/content/dam/bp/pdf/Energy-economics/statistical-review-2014/BP-statistical-review-of-world-energy-2014-full-report.pdf
OPEC, World Oil Outlook 2014, Executive Summary. December 2014. http://www.opec.org/opec_web/static_files_project/media/downloads/publications/WOO_2014.pdf
(10 page synopsis) David MacKay, Sustainable Energy – Without the Hot Air, (Cambridge, UK: UIT Publishers), 2009. http://www.withouthotair.com/synopsis10.pdf
(17 pages) Christopher Allsopp and Bassam Fattouh “The Oil Market: Context, Selected Features, and Implications,” in Andreas Goldthau (eds.), The Handbook of Global Energy Policy (John Wiley & Sons, 2013), Chapter 5 – pp. 81-97.
(14 pages) Daniel Yergin, “Chapter 11: Is the World Running Out of Oil?” The Quest: Energy, Security, and the Remaking of the Modern World, (New York: Penguin Press), 2011, pp. 227-241.
Class 4: Monday, February 2
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Topic: The Unconventional Revolution in Oil and Gas: Opportunities and Constraints
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Required:
(17 pages) David Victor “The Gas Promise,” in Jan H. Kalicki and David L. Goldwyn (eds.), Energy and Security: Strategies for a World in Transition (Johns Hopkins University Press, 2013), Chapter 3 – pp. 88-104.
(23 pages) Leonard Maugeri, The Unprecedented Upsurge of Oil Production Capacity and What It Means for the World, Geopolitics of Energy Discussion Paper, June 2012. (Pages 41-64 only) http://belfercenter.ksg.harvard.edu/files/Oil-%20The%20Next%20Revolution.pdf
Optional:
(16 pages) Daniel Yergin, The Quest: Energy, Security, and the Remaking of the Modern World, (New York: Penguin Press), 2011, Chapter 16, “The Natural Gas Revolution,” pp. 325-341.
(9 pages) Stephen P.A. Brown, “The Shale Gas and Tight Oil Boom: U.S. States’ Economic Gains and Vulnerabilities,” Council on Foreign Relations, OCT-2013.
http://www.cfr.org/united-states/shale-gas-tight-oil-boom-us-states-economic-gains-vulnerabilities/p31568
(12 pages) John Deutch, “The Good News About Gas”, Foreign Affairs 2011. http://ezp-prod1.hul.harvard.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=aph&AN=56625795&site=ehost-live&scope=site (follow the link and click where it says “HTML Full Text” on the left side of the page)
(13 pages) Secretary of Energy Advisory Board, Shale Gas Production Subcommittee Second Ninety Day Report, U.S. Department of Energy¸18 November 2011, pp. 1-10, 16-18. http://www.shalegas.energy.gov/resources/111811_final_report.pdf
Class 5: Wednesday, February 4
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Topic: The Unconventional Revolution in Oil and Gas: Prospects for Going Global
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Assignment: Take a Position Option 1, 9pm the night before class
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Required:
(13 pages) “Natural Gas Going Global? Potential and Pitfalls,” in Andreas Goldthau (ed.), The Handbook of Global Energy Policy (John Wiley & Sons, 2013), Chapter 6 – pp. 98-111.
(5 pages) Jozef Badida, “A Golden Age of Natural Gas in Europe?” Journal of Energy Security, April 2013.
http://www.ensec.org/index.php?option=com_content&view=article&id=440:a-golden-age-of-natural-gas-in-europe&catid=135:issue-content&Itemid=419
(15 pages) Fan Gao, “Will There Be a Shale Gas Revolution in China by 2020?” Oxford Institute For Energy Studies, NG 61, APR-2012, pp. 22-36.
http://www.oxfordenergy.org/wpcms/wp-content/uploads/2012/04/NG-61.pdf
Optional:
(23 pages) Jonas Gratz, “Unconventional Resources: The Shifting Geographies and Geopolitics of Energy,” Strategic Trends 2012, (Zurich: Center for Security Studies), 2012, pp. 79-102.
(5 pages) Maximlian Kuhn and Frank Umbach, “The Geoeconomic and Geopolitical Implications of Unconventional Gas in Europe,” Journal of Energy Security, August 2011. (http://www.ensec.org/index.php?option=com_content&view=article&id=320:the-geoeconomic-and-geopolitical-implications-of-unconventional-gas-in-europe&catid=118:content&Itemid=376).
Wednesday February 4 5-630pm Class Happy Hour
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Class 6: Monday, February 9
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Guest Speaker
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UNIT 2: RESOURCE REALITIES
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Class 7: Wednesday, February 11
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Topic: The Resource Curse
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Assignment: Memo Option 1, due 9pm the night before class
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Required:
(17 pages) Charles McPherson, “Governance, Transparency, and Sustainable Development” in Jan H. Kalicki and David L. Goldwyn (eds.), Energy and Security: Strategies for a World in Transition (Johns Hopkins University Press, 2013), Chapter 19, pp. 444-460.
(21 pages) Andrew Bauer and Juan Carlos Quiroz, “Resource Governance,” in Andreas Goldthau (eds.), The Handbook of Global Energy Policy (John Wiley & Sons, 2013), Chapter 15 – pp. 244-264.
(13 pages) Diamond, Larry; Mosbacher, Jack. “Petroleum to the People,” Foreign Affairs. Sep/Oct2013, Vol. 92 Issue 5, pp. 86-98.
http://media.hoover.org/sites/default/files/documents/diamond_mosbacher_latest3.pdf
Watch: PBS News Hour, “Valuable Mineral Resources Found in Afghanistan,” 14 June 2010, http://www.youtube.com/watch?v=cQNQfaTNK14
Watch: In Focus, “Peru’s Petroleum Play,” http://www.youtube.com/watch?v=Opg7KsZUEmk&playnext=1&list=PLBCC2E10AC59021A3&feature=results_video
Optional:
(7 pages) James M. Roberts and John A. Robinson, “Property Rights Can Solve the Resource Curse,” Index of Economic Freedom (2013), Chapter 5.
http://www.heritage.org/index/book/chapter-5
(21 pages) Richard Dobbs, et al, “Reverse the Curse: Maximizing the Potential of Resource-Driven Economies,” McKinsey Global Institute, December 2013, pp. 1-21
http://www.mckinsey.com/~/media/McKinsey/dotcom/Insights/Energy%20Resources%20Materials/Reverse%20the%20curse%20Maximizing%20the%20potential%20of%20resource%20driven%20economies/MGI%20Reverse%20the%20curse_Full%20report_Dec%202013.ashx
(10 pages) Paul Stevens and Evelyn Dietsche, “Resource Curse: An Analysis of Causes, Experiences and Possible Ways Forward,” Energy Policy 2008. http://www.sciencedirect.com.ezp-prod1.hul.harvard.edu/science/article/pii/S030142150700434X
(23 pages) Paul Segal, “How to Spend It: Resource Wealth and the Distribution of Resources Rents,” Oxford Institute for Energy Studies, May 2012, pp. 1-23. http://www.oxfordenergy.org/wpcms/wp-content/uploads/2012/05/SP_25.pdf
Holiday- February 16, 2015
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Class 8: Wednesday, February 18
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Topic: Resource Nationalism: The Case of Latin America
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Assignment: Memo Option 2, 9pm the night before class
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Required:
(12 pages) Daniel Yergin, The Prize: The Epic Quest for Oil, Money, and Power, 2008, pp. 212-216; pp. 254-262.
(8 pages) Charles McPherson, “National Oil Companies: Ensuring Benefits and Avoiding Systematic Risks,” in Andreas Goldthau (ed.), The Handbook of Global Energy Policy (John Wiley & Sons, 2013), Chapter 9, pp. 146-153.
(25 pages) David Goldwyn, Neil R. Brown, and Megan Reilly Cayten, Mexico’s Energy Reform: Ready to Launch, The Atlantic Council, August 2104, pp. 3-26, 35-36. http://www.atlanticcouncil.org/images/files/MexEnRefReadytoLaunch_FINAL_8.25._1230pm_launch.pdf
Optional:
14 pages) Thomas F. McLarty, “Latin America” in Jan H. Kalicki and David L. Goldwyn (eds.), Energy and Security: Strategies for a World in Transition (Johns Hopkins University Press, 2013), Chapter 16 – pp. 344-357.
(25 pages) David Goldwyn, Neil R. Brown, and Megan Reilly Cayten, Mexico’s Rising: Energy Reform at Last?, The Atlantic Council, December 2013. http://www.atlanticcouncil.org/images/publications/Mexico_Rising.pdf
(6 pages) “Resource Nationalism Update,” EY’s Global Mining & Metals Center, OCT-2013.
http://www.ey.com/Publication/vwLUAssets/EY-M-and-M-Resource-nationalism-update-October-2013/$FILE/EY-M-and-M-Resource-nationalism-update-October-2013.pdf
(7 pages) “Supermajordämmerung: The Day of the Huge Integrated International Oil Company is Drawing to a Close,” The Economist, 03-AUG-2013
http://www.economist.com/news/briefing/21582522-day-huge-integrated-international-oil-company-drawing
(9 pages) “Oil and Gas Reality Check 2013: A Look at the Top Issues Facing the Oil and Gas Sector,” Deloitte, 2013, pp. 14-22.
http://www.deloitte.com/assets/Dcom-BruneiDarussalam/Local%20Assets/Documents/oil_gas_reality_check_2013.pdf
(16 pages) Silvano Tordo, Brandon S. Tracy, and Noora Arfaa, “National Oil Companies and Value Creation,” World Bank Working Paper, No. 218, 2011 pp. xi-xiv, 1-12
http://siteresources.worldbank.org/INTOGMC/Resources/9780821388310.pdf
(2 pages) David Gardner, “Not All Forms of Resource Nationalism Are Alike,” Financial Times, 18-AUG-2013.
http://www.ft.com/intl/cms/s/0/62be6d98-05df-11e3-ad01-00144feab7de.html
(23 pages) Noel Maurer and Aldo Musacchio, Pemex (A): In a Free Fall? HBS Case 9-713-051, 17 January 2013.
Class 9: Monday, February 23
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Topic: Resource Endowments & the Nature of the State
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Assignment: Take a Position Option 2, due 9pm the night before class
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Required:
(15 pages) Thomas L. Friedman, “The First Law of Petropolitics,” Foreign Policy, 19-NOV-2013.
http://www.foreignpolicy.com/articles/2006/04/25/the_first_law_of_petropolitics
(20 pages) Tarzi, Shah M., and Nathan Schackow. "Oil And Political Freedom In Third World Petro States: Do Oil Prices and Dependence On Petroleum Exports Foster Authoritarianism?" Journal Of Third World Studies 29, no. 2 (Fall 2012): 231-250
(6 pages) Daniel Yergin, The Quest: Energy, Security, and the Remaking of the Modern World, (New York: Penguin Press), 2011, Excerpt of Chapter 14 - pp. 291-296 (“The Social Foundations” heading until “Iraq’s Potential” heading).
(6 pages) Paul D. Miller, “The Fading Arab Oil Empire,” The National Interest, July/August 2012, pp. 38-43.
Optional:
(33 pages) F. Gregory Gause III, “Kings For All Seasons: How the Middle East’s Monarchies Survived the Arab Spring,” Brookings Doha Center,
http://www.brookings.edu/~/media/research/files/papers/2013/09/24%20resilience%20arab%20monarchies%20gause/resilience%20arab%20monarchies_english.pdf
(3 pages) Vali Nasr, “Business, Not as Usual,” International Monetary Fund, Finance & Development, Vol. 50, MAR-2013
https://www.imf.org/external/pubs/ft/fandd/2013/03/point.htm
(25 pages) Michael Ross, “The Political Economy of the Resource Curse,” World Politics, vol. 51, No. 2, January 1999, pp. 297-322. http://www.jstor.org.ezp-prod1.hul.harvard.edu/stable/pdfplus/25054077.pdf
(6 pages) Michael L. Ross, “Will oil drown the Arab spring?” Foreign Affairs, Sep/Oct 2011, Vol. 90 Issue 5, pp. 2-7. http://www.foreignaffairs.com/articles/68200/michael-l-ross/will-oil-drown-the-arab-spring
(28 pages) Sarah M. Brooks and Marcus Kurtz, “Oil and Democracy: Endogenous Natural Resources and the Political ‘Resource Curse’ “Presentation at the 2012 Annual Meetings of the American Political Science Association, SEP-2012.
http://www.yale.edu/leitner/resources/papers/Brooks_Kurtz_2013_Oil%20and%20Democracy.pdf
UNIT 3: ENERGY AS A MEANS OF NATIONAL POWER: Using Energy to Project Power
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Class 10: Wednesday, February 25
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Topic: Consumer Leverage and the Use of Sanctions: The Case of Iran
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Assignment: Take a Position Option 3, due 9pm the night before class
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Required:
(7 pages) Bassem Fattouh and Laura El-Katiri, On Oil Embargos and the Myth of the Iranian Oil Weapon, Oxford Institute for Energy Studies, February 2012.
http://www.oxfordenergy.org/wpcms/wp-content/uploads/2012/02/On-Oil-Embargos-and-the-Myth-of-the-Iranian-Oil-Weapon1.pdf
(8 pages) Meghan L. O’Sullivan, Shrewd Sanctions: Statecraft and State Sponsors of Terrorism (Brookings Institution Press), 2003 Excerpt from Chapter 2 - pp. 24-32.
(12 pages) Daniel Drezner, “Sanctions Sometimes Smart: Targeted Sanctions in Theory and Practice,” International Studies Review, Vol.13, Issue 1, 2011, pp. 96-108.
(6 pages) Mehmet Kinaci, “Tightening Oil Sanctions on Iran,” Journal of Energy Security, 7 August 2012. (http://www.ensec.org/index.php?option=com_content&view=article&id=372:tightening-oil-sanctions-on-iran&catid=128:issue-content&Itemid=402).
(9 pages) Suzanne Maloney, “Six Myths About Iran Sanctions,” The Brookings Institution, 13 January 2014. http://www.brookings.edu/blogs/markaz/posts/2014/01/7-iran-sanctions-nuclear-deal-myths
FOR REFERENCE: (16 pages) Kenneth Katzman, “Iran Sanctions,” Congressional Research Service, 23-OCT-2014. http://www.fas.org/sgp/crs/mideast/RS20871.pdf
Optional:
(26 pages) David Ramin Jalilvand, Iran’s Gas Exports: Can Past Failure Become Future Success? Oxford Institute For Energy Studies, NG 78, JUN-2013. http://www.oxfordenergy.org/wpcms/wp-content/uploads/2013/06/NG-78.pdf
(20 pages) Anthony H. Cordesman, “US and Iranian Strategic Competition: Sanctions, Energy, Arms Control, and Regime Change,” Center for Strategic & International Studies, 19-APR-2013, Executive Summary pp. i-xix. http://csis.org/files/publication/120124_Iran_Sanctions.pdf
(8 pages) Robert McNally, “Managing Oil Market Disruption in a Confrontation with Iran,” Council on Foreign Relations Energy Brief, January 2012, pp. 1-8. http://www.cfr.org/iran/managing-oil-market-disruption-confrontation-iran/p27171
(16 pages) Suzanne Maloney, “Sanctioning Iran: If Only It Were So Simple,” The Washington Quarterly, January 2010, pp. 131-147. (16 pages) http://www.brookings.edu/~/media/Files/rc/articles/2010/01_iran_sanctions_maloney/01_iran_sanctions_maloney.pdf
Class 11: Monday, March 2
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Topic: OPEC Today: How to meet the challenge of unconventional supply?
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Assignment: Post-exercise task
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Required:
R. Mabro, “The Oil Weapon: Can it be used today?” Harvard International Review , Vol. 29, no. 3, Fall 2007.
(12 pages) Dag Harald Claes, “Cooperation and Conflict in Oil and Gas Markets,” in Andreas Goldthau (eds.), The Handbook of Global Energy Policy (John Wiley & Sons, 2013), Chapter 11 – pp. 176-187.
(10 pages) Amy Myers Jaffe and Ed Morse, “The End of OPEC,” Foreign Policy, 16-OCT-2013.
http://www.foreignpolicy.com/articles/2013/10/16/the_end_of_opec_america_energy_oil
(3 pages) Gal Luft, “Fifty Years to OPEC: Time to Break the Oil Cartel,” Journal of Energy Security, September 2010, (http://www.ensec.org/index.php?option=com_content&view=article&id=263:fifty-years-to-opec-time-to-break-the-oil-cartel&catid=110:energysecuritycontent&Itemid=366).
(4 pages) Nancy Brune, “50 Years Later: OPEC’s Continuing Threat to American Security,” Journal of Energy Security, September 2010. (http://www.ensec.org/index.php?option=com_content&view=article&id=263:fifty-years-to-opec-time-to-break-the-oil-cartel&catid=110:energysecuritycontent&Itemid=366)
Optional:
(4 pages) Ajay Makan and Neil Hume, “Oil Supply: The Cartel’s Challenge,” Financial Times, 01-DEC-2013.
http://www.ft.com/intl/cms/s/2/bc23bc7a-581a-11e3-82fc-00144feabdc0.html
(5 pages) Gal Luft, “To Drill or Not to Drill,” Foreign Policy, 04-JUN-2013.
http://www.foreignpolicy.com/articles/2013/05/27/to_drill_or_not_to_drill_saudi_arabia_united_states_oil
Class 12: Wednesday, March 4
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Topic: Cartelization: OPEC and the GECF
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Assignment: Take a Position Option 4, due 9pm the night before class
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Required:
(16 pages) Amy Myers Jaffe and Edward L. Morse, “OPEC: Can the Cartel Survive Another 50 Years” in Jan H. Kalicki and David L. Goldwyn (eds.), Energy and Security: Strategies for a World in Transition (Johns Hopkins University Press, 2013), Chapter 5 – pp. 121-136.
(7 pages) Chakib Khelil, “Commentary on Part I” in Jan H. Kalicki and David L. Goldwyn (eds.), Energy and Security: Strategies for a World in Transition (Johns Hopkins University Press, 2013), Chapter 5 – pp. 157-163.
(20 pages) Bassam Fattouh and Lavan Mahadeva, “OPEC: What Difference Has It Made?” Oxford Institute for Energy Studies, MEP 3, JAN-2013. http://www.oxfordenergy.org/wpcms/wp-content/uploads/2013/01/MEP-3.pdf
(1 page) Alexander Kolyandr, “Putin: No Plans to Create Gas Cartel,” Wall Street Journal, 1-JUL-2013
http://online.wsj.com/article/BT-CO-20130701-706596.html
(2 pages) Tyler Crowe, “Is Vladimir Putin Building a New OPEC?” Daily Finance, 9-JUL-2013
http://www.dailyfinance.com/2013/07/09/is-vladimir-putin-building-a-new-opec/
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