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Latest Amy Myers Jaffe Stories

2010-01-06 12:27:02

Rice University's Baker Institute for Public Policy paper cites economic, environmental and logistical shortcomings The United States needs to fundamentally rethink its policy of promoting ethanol to diversify its energy sources and increase energy security, according to a new policy paper by Rice University's Baker Institute for Public Policy. The paper, "Fundamentals of a Sustainable U.S. Biofuels Policy," questions the economic, environmental and logistical basis for the billions of...

2009-08-27 14:44:15

A new policy paper by Rice University's Baker Institute for Public Policy shows a clear increase in the size and influence of noncommercial traders, or "speculators," in the oil futures market since regulations were eased by the Commodities Futures Modernization Act of 2000. Speculators now constitute about 50 percent of those holding outstanding positions in the U.S. oil futures market, compared with only about 20 percent prior to 2002. The report also finds that the correlation between oil...

2008-08-18 18:00:41

By Jad Mouawad Oil companies may be awash in profits, but in a disturbing sign for future energy supplies, production has begun to fall at all seven of the major Western oil companies at a time when they are discovering few new fields to exploit. Part of the reason is political. From the Caspian Sea to South America, Western oil companies are being squeezed out of resource- rich provinces. They are being forced to renegotiate contracts on less favorable terms, while frequently finding...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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