Trump 2.0: Oil Market Implications for the Gulf States
As Trump seeks to maximize U.S. oil and gas output and choke off Iran’s oil exports, he will have no qualms about leaning into oil market issues.
Non-Resident Fellow, AGSIW
Ben Cahill is a non-resident fellow at the Arab Gulf States Institute in Washington. He is director of energy markets and policy at the University of Texas at Austin’s Center for Energy and Environmental Systems Analysis and is based in Washington, DC. He covers geopolitics and macro trends affecting the oil and gas industry. He has led research initiatives on methane emissions and global gas, analyzed how national oil companies are responding to the energy transition, and covered the market and geopolitical impact of U.S. liquefied natural gas exports. Cahill was formerly a senior fellow in the Energy Security and Climate Change Program at the Center for Strategic and International Studies and is now a senior associate of the program. Prior to CSIS, Cahill was a director in Energy Intelligence’s Research & Advisory group and led its country risk practice. He also wrote on corporate strategy and covered Saudi Aramco, Abu Dhabi National Oil Company, and the Southeast Asian national oil companies. Cahill formerly worked at PFC Energy (now part of S&P Global) in Washington, DC, and Kuala Lumpur, focusing on country risk and macro trends in the oil and gas industry. He has an MA in international affairs and economics from the Johns Hopkins School of Advanced International Studies and a BA in international relations and English from Boston University.
As Trump seeks to maximize U.S. oil and gas output and choke off Iran’s oil exports, he will have no qualms about leaning into oil market issues.
Gulf national oil companies represent a new pool of capital for global gas investment, and with some of their first forays in the United States, Gulf gas deals suggest Washington’s relations with Riyadh and Abu Dhabi are improving.
On June 11, AGSIW convened its 10th annual Petro Diplomacy conference.
On June 27 and 28, AGSIW convened its ninth annual Petro Diplomacy conference.
On September 15, as part of the China-Gulf Initiative, AGSIW hosted a discussion examining energy relations between China and the Gulf states.
On July 8, AGSIW hosted a private briefing on the developing OPEC+ dispute and the repercussions for the future of the alliance as well as Saudi-UAE relations.
Abu Dhabi traditionally managed its oil and gas resources cautiously and conserved hydrocarbon wealth for future generations, but the energy transition is reshaping its strategy.
Ben Cahill discussed the fundamental shift in Abu Dhabi's oil policy since 2016.
The coronavirus pandemic has delivered an unprecedented shock to the global natural gas market.
For the sixth consecutive year, AGSIW convened its Petro Diplomacy conference, this year virtually.