One bank pro, Citigroups head of global commodity research, Ed Morse, came close with his prediction last March that oil would drop to $75; Barrons Gene Epstein covered his call back then, noting that Amy Jaffe, an energy expert at the University of California, Davis, and Rice University economics
"When markets are very volatile and they are afraid about banks buying too much oil on leverage, it gives them a tool," said Amy Jaffe, energy policy expert at Rice University's Baker Institute in Houston.
This cleaner, cheaper energy source is already replacing dirtier coal-fired plants. It could serve as the ideal bridge, Amy Jaffe of Rice University says, until renewable sources like wind and solar mature. Already shale gas has produced more than half a million new jobs, not only in traditional ar
Amy Jaffe (1995-1999), Roger Markle (1975-1977), James Cole (1974-1979), Juan Rivera (1994-1998), Susan Hibbs (1972-1976), David William Sayers (1989-1991)