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Amy Myers Jaffe

A OPEC logo sits on a sign outside the 167th Organization of Petroleum Exporting Countries (OPEC) conference in Vienna, Austria, on Friday, June 5, 2015. The Organization of Petroleum Exporting Countries has exceeded its own target of 30 million barrels a day for 12 straight months. Photographer: Lisi Niesner/Bloomberg

Paris Climate Accords, Shale and Implications for OPEC

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Since the 1980s, the Organization of Petroleum Exporting Countries (OPEC) has operated from the assumption that someday in the future (for years, viewed as by the 2010s), the industrialized world would use up its “easy” oil and become increasingly dependent on OPEC and in particular the vast reserves of the Middle East. In this world, […]
Categories: General

Self Evident Truths – A Personal Journey

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In keeping with the holiday spirit, I have decided to share a personal perspective today. Although I rarely write about my personal history, I believe today’s political climate in the United States makes this an imperative responsibility of all Americans. I promise in the coming days, I will go back to blogging about energy, lower, […]
Categories: featured, General, p2
(Carla Gottgens/Bloomberg)

Commentary: A shadow price for carbon is already here

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Like it or not, the market is pricing carbon. When UK Bank of England governor Mark Carney warned last month that “there have already been a few high profile examples of jump-to-distress pricing because of shifts in environmental policy or performance” he was not just hysterically echoing the drumbeat of famous environmental thought leaders. He […]
Categories: General

Syria Diplomacy and Oil: Geopolitics May Change Oil Outlook Dramatically Again

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As the U.S. Congress gears up to debate the merits of the nuclear deal signed between Iran and the P5+1 powers last July , the Obama Administration is working overtime to get Mideast diplomacy off the ground to prove that the politically controversial deal is paying the way for a better Middle East. The effort, […]
Categories: featured, General, p2
An Iranian man walks past a mural displaying the Iranian map adorned in the colours of the country's national flag, on June 29, 2015 in Tehran. Despite agreeing the outlines of a nuclear agreement on April 2, the final talks between Iran and six powers led by the United States on turning it into a binding accord have hit difficulties on reaching a deal which would lift sanctions, paving the way for foreign investment to flow back, in exchange for curbs on Iran's nuclear activities. AFP PHOTO/BEHROUZ MEHRIBEHROUZ MEHRI/AFP/Getty Images

Commentary: Cracking Open A Window for Iran to Attain its “Economy of Resistance”

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Last May, National Iranian Oil Company (NIOC) managing director Rokneddin Javadi told International Oil Daily at a conference in Kuala Lumpur that Iran’s production would be able to pump an additional 1 million b/d within three to six months

Commentary: ISIS victories and oil

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Right now, oil prices seem under pressure from any number of forces: Saudi market share strategies, Iran’s quiet sales from floating stocks, historically high U.S. and Chinese inventory levels, and a very large backlog of uncompleted tight oil wells in the United States. But over the longer term, the situation on the ground with the […]
Categories: General

Equity Finance Betting Against Saudi Arabia

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Earlier this year, equity finance players like Blackstone Group LP said they would be out in force cherry picking for cheap oil and gas assets. The theory was simple. As everyone with any experience in oil cycling can tell you, it is too hard to pick “the bottom.” Equity finance players know that and said […]
Categories: General
Iranian flag

Commentary: Geopolitics and oil prices — between a rock and a hard place

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Voices blogger Amy Myers Jaffe writes on how oil traders that appear to be hedging themselves against a possible deal between the West and Iran on the nuclear question miss the increasingly complex forces at play today in oil geopolitics.

New Interior Fracking Rules Might Help Ease Ban Momentum

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Industry would do well to embrace the new US Department of Interior Bureau of Land Management (BLM) rules for hydraulic fracturing on public lands. Stronger regulation and compliance in the sector is the industry’s best avenue to roll back an increasing trend for localities to seek outright bans. Twenty four US states currently have municipal […]
Categories: General

Natural gas heavy duty trucking fleet could benefit US economy and security, but not necessarily climate

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The decision by the Organization of Petroleum Exporting Countries’ (OPEC) decision to favor a market-share approach rather than defend prices – and the subsequent fall in oil prices– has prompted a drop in drilling activity in the United States and layoffs in the oil and gas sector. While the U.S. economy benefits from falling oil […]
Categories: General