Amy Myers Jaffe

Amy Myers Jaffe

Amy Myers Jaffe is the Executive Director for Energy and Sustainability at the University of California, Davis, with affiliation at the Graduate School of Management and the Institute of Transportation Studies.

Commentary: Is Venezuela turmoil good for oil sector?

Chávez extracted high rents from oil companies, investment in the sector has fallen and production in the oil-rich Orinoco Belt has stagnated. A government shakeup could bring positive change.  More »

National Oceans Policy Is About Streamlining

This blog was written by Dr. Amber Mace,  Associate Director, Policy Institute for Energy, Environment & The Economy, University of California, Davis. Prior to joining UC Davis, Dr. Mace served as assistant secretary for coastal matters at the California Natural Resources Agency. Soon President Obama will release his final National Ocean Policy Implementation Plan. With […]  More »

Saudi Shifts Governor of Eastern Province

The Saudi royal family has long been noted for its practical resilience and the recent replacement of the long-standing governor of the East Province, Prince Muhammad Bin Fahd, is a case in point. The change in governors came in the aftermath of a renewed wave of protests set in motion by the shooting of an […]  More »

Opinion: Oil’s divisive influence in Iraq

It has long been speculated that oil can be a driver for civil conflict, and one needs to look no further for evidence than the sectarian power politics that is threatening the possible devolution of the Iraqi state.  More »

Shell In the Arctic: Why Ecological Services Valuation Needs to be Part of E & P Investment Analysis

The 2013 New Year’s holiday did not start out smoothly for the oil industry with news that Royal Dutch Shell’s ice-reinforced hull Kulluk oil-drilling ship, which is carrying 150,000 gallons of diesel and about 12,000 gallons of lube oil and hydraulic fluid, had run aground as it was being towed to avoid an Arctic storm […]  More »

Bullish On America

The fiscal cliff notwithstanding, the shale boom is making people bullish about America. Roger Cohen put it very elegantly, “…the self image and economic prospects of an energy independent United States are going to see a sharp uptick.” And cheap energy isn’t the only thing we may have going for us. We also have a […]  More »

Geopolitics Likely to Trump Economics In US LNG Export Question

Last week, U.S. Gulf of Mexico natural gas exports took a step closer to reality with the release of NERA Economic Consulting’s study for the U.S. Department of Energy concluding that the economic benefits (including wealth transfer affects) from liquefied natural gas (LNG) exports from the U.S. Gulf coast will outweigh the losses from “reduced […]  More »

Back to the Future: New Middle East Looking Less “New”

For much of 2012, turmoil in the Middle East has provided a major support to international oil prices. But the inclination to diplomacy that gripped the center stage of several conflicts in the last week or two may be signs that oil market supply and demand fundamentals might reassert themselves, potentially bringing lower prices in […]  More »

Saudi Cabinet Shuffle Could Be Prelude to Larger Challenges

Saudi Arabia’s commitment to keep oil markets amply supplied has been keeping a lid on prices this autumn, together with concerns about the health of the U.S. and global economy. What might have been considered a minor cabinet shuffle in the kingdom this week was largely ignored by oil traders, but perhaps mistakenly. Earlier this […]  More »

Energy and the Obama Re-election: Good for Energy Independence but Clean Tech Path Needs Revamp

The reelection of President Barack Obama is good news for the U.S. pursuit of energy independence. That’s because the President is unlikely to take any major steps to ban shale drilling operations in the United States but is more likely than contender Mitt Romney to stay the course on accelerated time lines for higher efficiency […]  More »

Believe it or not, Social Responsibility and Green Advocacy Can Improve Oil Company Stock Performance

Oil and gas companies that speak out against environmental regulations and sustainability values might want to think twice about whether such actions are actually promoting shareholder value, especially if they are based in “blue states.” Companies that make frequent corporate responsibility disclosures and high corporate political campaign contributions provide higher shareholder returns, a new study […]  More »

Why Shale Could Rebalance the Economic Scales with China

As the Presidential candidates exchange barbs over whose policy will be a stronger bulwark against a rising China, the American oil industry may in the end accidentally provide the best solution. Growing North America shale resources look poised to strengthen the US economic and diplomatic position vis a vis China just as it has already […]  More »

Energy Debate Scorecard: Gasoline Prices…What the Candidates Should Have Said

Surprisingly, gasoline prices were front and center in last night’s Presidential debate –surprisingly, because gasoline prices would seem to be one of those issues that are largely out of a President’s hand. The single largest variable that influences gasoline prices is the price of crude oil and it is hard for the United States to […]  More »

China Straddling a Dangerous Fence in Persian Gulf

China’s Foreign Ministry released yet another statement yesterday reiterating its opposition to sanctions against Iran, arguing that sanctions will further worsen and escalate the problem. China says it prefers “negotiations” to resolve the issue but has not, to date, played a leading diplomatic role. A new paper from the Baker Institute Energy Forum argues that […]  More »

Fuel Economy Standards: Is the Most Important Energy Policy of Obama’s Administration at Risk?

This post was written by James Coan, Research Associate at the Baker Institute Energy Forum. Yesterday, President Obama announced the most important energy policy of his administration, finalizing fuel economy standards through model year (MY) 2025 that should roughly double the efficiency of new vehicles as compared to when he took office. This highly popular […]  More »