United States: The World's Newest Major Exporter of Crude Oil

In June, US crude oil exports reached historic levels at nearly 2.2 million barrels per day (b/d), a level similar to that of Nigeria and Iran. From 1975 until late 2015, a federal ban on the export of US crude oil severely restricted crude oil exports to all countries except Canada. By lifting the ban, the US Government has transformed the United States into a major exporter of crude oil and a force that is reshaping global oil markets.

Global Green Economy Index, 2018

While mainstream media outlets globally may be focused on the relationship between climate change and extreme weather, crop performance, and infrastructure resilience, economists and business strategists alike are turning toward greener measures and outlooks of economic performance. The 2018 Global Green Economy Index (GGEI) by Dual Citizen LLC is one of several initiatives—others include the Green Growth Knowledge Platform and the UN Partnership for Action on Green Economy—working to provide policy guidance, promote good practices, and generate and promote the data necessary to inform decisions on policies and investments necessary for accelerating the green transition.

Which US States are Small Business Friendly?

Small businesses in the United States are engines of the American economy, employing nearly 20 percent of Americans. So, what makes one state more small-business friendly than another? The results are in from the Thumbtack Small Business Survey—the largest continuous study of small business perceptions of government policy in the US—and may even surprise you if you associate big cities and large population centers with small business opportunity.

Negative Prices for Energy in Europe Reveal Infrastructure Gaps

If energy prices are a reliable indicator, then power grids even in green-friendly Europe are not yet ready for a comprehensive transition to renewable energy. Due to lagging investment and development of storage technologies for renewable power, unseasonably sunny and windy periods across Europe continue to lead to imbalances in power supply and demand that result a bizarre phenomenon: negative energy prices.

United States: Moving Toward Economic Recession in 2019?

One could argue that in a world subject to the inevitability of business cycles, the United States is overdue for a recession. During the 60 year period from 1950 to 2010, the US economy experienced 10 recessions, averaging one recession every six years. In contrast, the longest period of uninterrupted economic growth was just shy of 10 years. The US is now in the midst of nine years of economic growth with the last "Great Recession", which ended in 2009, a fading memory for some. Will 2019 bring recession to the US?

Epidemic Readiness Still Out of Reach

While in some ways technology has changed so much about the world today, it has not been able to erase the vulnerability of diverse populations globally to pandemics, outbreaks, and epidemics that costs lives and undercuts economic growth.

Is NATO the Financial Burden of the US?

In July, after the NATO summit in Brussels, US President Donald Trump tweeted that "the United States is spending far more on NATO than any other country. This is not fair, nor is it acceptable." But, is the US spending more on NATO than other members? And, if so, is the US spending level unfair relative to that which the US—and the other 28 members—have agreed? Let's look at the data.