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The Energy Forum: Daily Summaries Delivered
by Rice University’s Baker Institute for Public Policy
Hosted by experts at the Center for Energy Studies at Rice University’s Baker Institute for Public Policy, “The Energy Forum” brings together policymakers, researchers, and industry leaders to explore key topics in energy and sustainability.
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- 1 weeks ago17 min
35: Hormuz Closures, Venezuela’s New Plan, and Oil’s Uncertain Path
The global oil market continues to be volatile. Tensions between Iran and the United States persist, driving economic and geopolitical uncertainty. The Strait of Hormuz’s intermittent closures not only have led to a lower available oil supply but also have reduced its reliability as a route for shipping. Recently, the Trump administration announced a new plan to open Venezuelan oil fields to investment, with one stated goal being to fill America’s depleted strategic petroleum reserves. Meanwhile, the demand for petroleum products, especially heating oil, is expected to rise as the colder months approach for those in the Northern H. In this episode of “The Energy Forum,” Abhi Rajendran and Skip York discuss what these recent developments mean for the global energy market. Featured: Abhi Rajendran, https://www.bakerinstitute.org/expert/abhi-rajendran Skip York, Ph.D., https://www.bakerinstitute.org/expert/harold-skip-york This episode was recorded on Sept. 8, 2026. You can follow @BakerInstitute and @CES_Baker_Inst on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- 2 weeks ago27 min
From Baker Briefing: Unpacking Venezuela’s Opaque Oil Deal
A recently announced deal between the U.S. and Venezuela to produce 65 billion barrels of oil – roughly a fifth of Venezuela’s total proven oil reserves – has raised questions about its terms. A single Latin American company, NABEP, run by Venezuelan executive Alejandro Betancourt, has been tapped to produce the oil, with part of the company being potentially owned by the U.S. Department of Defense. But it is unclear whether the oil fields covered by the contract can support the scale of production promised. And while the U.S. has an agreement to buy some of the oil produced at cost, do not expect prices at the pump to go down tomorrow. Francisco J. Monaldi, Wallace S. Wilson Fellow in Latin American Energy Policy and director of the Latin America Energy Program, joins Ambassador David M. Satterfield to discuss what is known – and what remains unclear – about the deal, as well as the promise of a Latin American energy boom to come. Featured: Francisco J. Monaldi, Ph.D: https://www.bakerinstitute.org/expert/francisco-j-monaldi. This conversation was recorded on Sept. 1, 2026. You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- Aug 18, 202623 min
34: Thinking Big With Small Reactors
Small modular reactors, or SMRs, are attracting growing interest as a potential source of reliable, lower-carbon electricity for industries, data centers, and countries that may not need, or be able to finance, a large conventional nuclear plant. Turning that potential into real-world projects, however, requires more than innovative reactor designs—it depends on financing, manufacturing, regulation, workforce training, and public confidence. A new agreement between the United States, South Korea, and Japan aims to strengthen cooperation on deploying SMRs internationally. The partnership could offer countries another option alongside emerging Chinese and Russian nuclear-export models. In this episode of “The Energy Forum,” Gabriel Collins and Henry Haggard discuss what it would take for SMRs to become a practical, competitive option for countries seeking reliable power and long-term energy security. Featured: Gabriel Collins, https://www.bakerinstitute.org/expert/gabriel-collins Henry Haggard, https://www.bakerinstitute.org/expert/henry-haggard This episode was recorded on Aug. 11, 2026. Follow @BakerInstitute and @CES_Baker_Inst on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- Jul 30, 202617 min
33: Why Oil Markets Bounced Back
Oil markets have experienced significant volatility across much of July, particularly after the dissolution of a ceasefire between Iran and the U.S., which temporarily reopened the Strait of Hormuz. The resumption of conflict — Iranian strikes on vessels transiting the strait, Houthi threats to vessels attempting to transit the Bab el-Mandeb Strait from the Red Sea, the reimposition of the U.S. blockade, and 13 consecutive days of U.S. strikes on Iran — saw oil prices climb over $100 per barrel, only to settle back again as tensions abated. In this episode of “The Energy Forum,” Abhi Rajendran and Skip York examine why the market seems increasingly able to absorb geopolitical shocks. Featured: Abhi Rajendran, https://www.bakerinstitute.org/expert/abhi-rajendran. Skip York, Ph.D., https://www.bakerinstitute.org/expert/harold-skip-york. You can follow @BakerInstitute and @CES_Baker_Inst on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- Jul 21, 202645 min
32: From Mechanical to Molecular: What ‘Advanced Recycling’ Actually Means
The Center for Energy Studies recently hosted its second annual sustainability summit, bringing together experts to examine sustainability challenges from a systems-level perspective. In this episode of “The Energy Forum,” Rachel A. Meidl is joined by two speakers from the summit: Marco Castaldi, professor at City College of New York and cochair of the Recycling Science Council, and Katherine Hofman, sustainability strategic initiatives manager at Eastman. Together, they unpack the growing confusion around plastics recycling, particularly the terminology and taxonomy surrounding advanced recycling. They discuss how mechanical recycling differs from advanced, molecule‑level processes; why oversimplified narratives about recycling can mislead policymakers and the public; and how clearer definitions can shape more informed regulations, investments, and waste‑reduction strategies. Featured: Dr. Marco Castaldi: http://ccny.cuny.edu/profiles/marco-castaldi. Dr. Katherine Hofman: greenseal.org/team/katherine-hofmann/. You can follow @BakerInstitute and @CES_Baker_Inst on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- Jul 9, 202616 min
31: How the Strait of Hormuz’s Closure Could Reshape the Oil Market
The closure of the Strait of Hormuz led to months of volatility in the oil market, but a new memorandum of understanding between the United States and Iran offered the first signs of a path toward stability. However, short-term risks for the oil market remain as a broader peace deal is discussed, and long-term questions are emerging as global suppliers and consumers seek to prevent a similar shock in the future. In this episode of “The Energy Forum,” Abhi Rajendran and Skip York explore what the market’s response reveals about the shifting foundations of global oil. Featured: Abhi Rajendran, https://www.bakerinstitute.org/expert/abhi-rajendran Skip York, Ph.D., https://www.bakerinstitute.org/expert/harold-skip-york Editor’s note: This episode was recorded on July 2, 2026, when the U.S.-Iran ceasefire was still in place, and oil prices were easing; since then, on July 8, President Donald Trump has declared the ceasefire “over,” and oil markets have repriced renewed geopolitical risk. You can follow @BakerInstitute and @CES_Baker_Inst on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- Jul 1, 202640 min
30: Beyond Recycling: The Global Systems Behind E-Waste
In this episode, Rachel A. Meidl is joined by Natalie Messer Betts, vice president of sustainability at the Recycled Materials Association (REMA), to discuss the growing challenge of discarded electronics — from phones and laptops to data center equipment and medical devices. They explore why the term “e-waste” can be misleading, how reuse and refurbishment can provide greater environmental benefits than recycling alone, and why only a small share of discarded electronics enters formal recovery systems. The conversation follows electronics across their full life cycle — from mining and critical minerals to trade, standards, and informal recycling — and examines how improved design, policy, measurement, and certified recycling practices can support more circular and globally connected supply chains. Featured guests: Natalie Messer Betts This conversation was recorded on June 5, 2026. Follow Rachel A. Meidl, LP.D., CHMM on X (@MeidlRachel) and LinkedIn. You can follow @BakerInstitute and @CES_Baker_Inst on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
- May 14, 202628 min
From 'Baker Briefing': Why the Middle East Oil Shock Is Raising Gas Prices
As conflict and instability in the Middle East continue to shape global energy markets, Americans are beginning to feel the effects far beyond the gas pump. Host David M. Satterfield speaks with energy experts Kenneth B. Medlock III and Mark Finley about why oil prices react so sharply to geopolitical shocks. They discuss how those shifts ripple through airline fares, travel costs, inflation, and household budgets, and what could transpire in the months ahead as conflict in the Middle East continues. This conversation was recorded on May 13, 2026. Featured: Mark Finley Kenneth B. Medlock III Listen and subscribe to “Baker Briefing” on Apple, Spotify, or your preferred podcast platform. You can follow @BakerInstitute on X, Instagram, LinkedIn, and YouTube. Learn more about our data-driven, nonpartisan policy research and analysis at bakerinstitute.org.
About The Energy Forum
Hosted by experts at the Center for Energy Studies at Rice University’s Baker Institute for Public Policy, “The Energy Forum” brings together policymakers, researchers, and industry leaders to explore key topics in energy and sustainability.
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