David L. Goldwyn

  • 'Mexico Has Options'

    Energy sector reform will continue with or without the United States, said former Mexican official

    Though recent political tensions threaten the stability of US-Mexico relations, Mexico’s ongoing energy sector reform will continue without US partnership, if necessary, according to Mexico’s former deputy secretary of energy.

    “Mexico’s energy reform does not depend on the United States,” Lourdes Melgar, who now serves at the Robert E. Wilhelm Fellow at the Massachusetts Institute of Technology Center for International Studies, said at the Atlantic Council on March 16. “If the United States does not want to have business with Mexico,” Melgar cautioned, “I think they’re missing the picture, because Mexico has options.”

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  • Haste Makes Waste: Why President Trump’s Executive Actions May Delay Oil Pipelines and Permits

    US President Donald J. Trump’s new actions intended to expedite approval of energy and infrastructure projects were hailed by industry groups and decried by environmentalists.   If those actions are implemented in ways that cut regulatory or procedural corners, they likely will slow down infrastructure development by increasing the risk of successful court challenges and trade disputes.

    If the agencies reviewing Dakota Access and Keystone XL pipelines do not take the time to provide justifications for their recent decisions on those projects—influenced by Trump—courts may invalidate pipeline approvals. Implementing explicit local content requirements for steel in pipelines could embroil the United States in trade disputes.  Further, the administration’s memorandum to expedite federal infrastructure review and permitting creates uncertainty about the application of a more carefully thought out process Congress established in 2015. 

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  • The Outlook for Energy Under a Trump Administration

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    Oil, gas, and renewable energy markets will face high levels of uncertainty and potentially extreme volatility under a Trump administration in 2017. Some of these uncertainties flow from questions about the new administration’s yet-undefined policies on energy production, trade, and climate policy. Others flow from the basket of national security risks that a new US President was destined to inherit. 

     

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  • October Surprise? Planning for Venezuela’s Collapse

    As the June 23 Brexit referendum demonstrates, governments can take irreversible, momentous, and damaging actions without anticipating the consequences. While reason suggests Venezuela should adjust its fiscal policies, ensure basic human needs, avoid sovereign default, and continue oil production for cash flow, it could easily fail to do all of the above.  The ripples of a Venezuelan collapse could stretch from Caracas to Miami. The international community needs to put contingency plans in place to limit the potential damage.

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  • Goldwyn Quoted by The Cipher Brief on the US-Saudi Energy Relationship


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  • Goldwyn Interviewed by The Cipher Brief on Volatility in the Oil Market


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  • ‘Real Political Dialogue’ Needed to Get Venezuela Out of Crisis

    US official prescribes economic integration, as well, to address political and economic instability in Latin America

    Venezuela will have to allow “real political dialogue” if it is to extract itself from the economic crisis in which it is mired as a result of historically low oil prices and political instability, according to a senior US official.

    Oil-dependent countries, like Venezuela, are being forced to consider drastic measures to prevent their economies from going into freefall. Venezuelan President Nicolás Maduro has, for example, raised gas prices by six thousand percent and sharply devalued the bolivar.

    “The only way out of the Venezuela crisis is for real political dialogue to take place,” said Juan Gonzalez, Deputy Assistant Secretary for Western Hemisphere Affairs at the US Department of State.

    “We have to engage in regional discussions and understand that Venezuela has to make some very tough difficult economic and political decisions,” he added.

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  • Goldwyn on Falling Oil Prices

    The Guardian quotes Chairman of the Atlantic Council's Energy Advisory Group and Adrienne Arsht Latin America Center Nonresident Senior Fellow David L. Goldwyn on how oil companies need to invest in longer-term growth strategies if they want to remain competitive in a falling oil-price market:

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  • Stumbling Into Sensibility: How America Got a Sensible Energy and Environment Policy Despite Our Political Polarization

    After a year of posturing and polarization, President Barack Obama and Congress have agreed on measures that will strategically alter and enhance the US energy system and global energy security.

    Winston Churchill’s supposed adage that Americans always do the right thing, after exhausting all the alternatives, was never truer. The key measures that have set us on course to a common sense energy policy are extensions of the solar and wind tax credits—which are indispensable to the Clean Power Plan (CPP) and will enable the United States to meets its climate change targets under the Paris agreement—and the repeal of the ban on crude oil exports.

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  • Today's Energy Security Risks: Complacency, Uncertainty, and Ideology

    At the 2015 Atlantic Council Energy and Economic Summit in Istanbul, twenty-one Ministers and senior officials from Europe, Asia, North America, and the Middle East met to assess the changing geopolitics of energy security. The assembly was a reminder that energy security — the ability of a nation to secure affordable, reliable, and sustainable supplies to maintain national power — is very different for each nation.

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