Manhattan Institute Paper — The majority of world petroleum trade remains dominated by nation-state companies, often directed by authoritarian regimes that wield energy riches as weapons of influence or intimidation. There has never been a more opportune time for America to capture the geopolitical “soft power” benefits from greater oil production and exports.
Manhattan Institute Policy Paper Shale 2.0 will thus be data-driven. It will be centered in the United States. And it will be one in which entrepreneurs, especially those skilled in analytics, will create vast wealth and further disrupt oil geopolitics.
Manhattan Institute Policy Paper In the modern era, basic scientific research—a “public good,” often involving the pursuit of knowledge for its own sake—has been foundational to innovation and thus, to economic growth and social progress. Fostering yet more open-ended research will give rise to the fundamental breakthroughs needed to revolutionize everything from health care and…
Manhattan Institute Issue Brief The world looked very different 40 years ago when Congress forged the Energy Policy and Conservation Act (EPCA) that would be signed into law one year later, in December 1975, by President Ford. The Act was a matter of national urgency after the 1973 Arab oil embargo created domestic shortages, politically…
