Reading Room

ESAI analysts are leaders in the global dialogue on energy issues.  They routinely publish articles and make presentations on cutting-edge, global issues in the areas of petroleum, risk management, natural gas, and electricity.  The following are provided with ESAI’s compliments.

• The Future of the Global Oil Market
  Paper by Sarah Emerson on the future of the oil market, prepared for EPRI, December 2007

• Securing the Asian Oil Market
  Presentation to Naval War College Levy Workshop by Sarah Emerson, February 2007

• Is a New U.S. Petroleum Strategy Coming into View?
  Presentation by Sarah Emerson at the ECSSR 12th Annual Energy Conference: China, India and the United States: Competition for Energy Resources, November 2006

• Is a New U.S. Petroleum Strategy Coming Into View?, Presentation by Sarah Emerson for the 12th Annual Energy Conference, ECSSR, Abu Dhabi, Novermber 2006

• Interview with Sarah Emerson, Frankfurter Allgemeine Zeitung, December 2006

• Does the U.S. Need a Gasoline Strategy?, Sarah Emerson (Kennedy School of Government, Harvard University)

• Russian Oil Industry Between State and Market, Yulia Woodruff (Fundamentals of the Global Oil and Gas Industry 2006, Petroleum Economist)

• Forecasting Future Energy Infrastructure Needs in the Northeast Ed Krapels presentation for FERC's recent conference in NY June 3, 2004

• High Oil Prices, NECN Interview with Sarah Emerson

• How Capacity Markets Work in Deregulated Power Pools, Paul Flemming (for Combined Cycle Journal, Second Quarter 2004)

• The Past, Present and Future of Energy Trading, Ed Krapels (paper for Oil and Gas law conference, February 19, 2004)

• Managing Congestion Costs in Deregulated Markets, Paul Flemming (for Combined Cycle Journal, First Quarter 2004)

• What is a Power Plant Worth? Ed Krapels (Public Utilities Fortnightly, January 2004)

• LNG Will Cut Transportation Values, Put Downward Pressure on Prices, Natural Gas Intelligence Article, December 24, 2003

• Russian Election Results: More Tax Pressure on Oil Sector, But No Radical Policy Changes, ESAI Occasional Memo, December 11, 2003

• Growth in Brazilian Crude Production Delayed, ESAI's Latin America Watch, December 2003

• How Deregulated Energy Markets Impact Plant Revenue, Operation, Kristin Domanski and Paul Flemming (for Combined Cycle Journal, Fourth Quarter 2003)

• Transmission Reform, The Northeast Blackout of 2003 ESAI Occasional Memo, August 18, 2003

• Investing In Electricity, Ed Krapels (Power Finance & Risk, August 18, 2003)

• One Proposal to Boost Merchant Transmission Investment, Ed Krapels (Electric Perspectives, July/August 2003)

• Power Politics and Power Markets: Measuring Benefits and Costs of “Markets”, Presentation for the Harvard Electricity Policy Group, May 14 2003

• The Spec Change Excerpt from International Fuel Specification Review, March 31, 2003

• El petróleo, tras la guerra, victoria de Asia, Sarah Emerson, Diario Cinco Dias, March 2003

• Yes, There is Enough Crude, But No One Wants to Hold It, ESAI Occasional Memo, March 13, 2003

• How and When to Use Strategic Reserves, Article by Sarah Emerson, January 2003

• Iraq’s Cancellation of LUKoil Deal: An Indirect Plea for Russian Help?, ESAI Occasional Memo, December 20, 2002

• U.S. Market a Casualty of Venezuelan Train Wreck, ESAI Occasional Memo, December 12, 2002

• Discipline Requires Consequence, ESAI Occasional Memo, December 12, 2002

• Uncertain Future Looms for North America's Intertwined Natural Gas and Power Markets (Oil & Gas Journal, December 2, 2002)

• Heavy Japanese Oil Demand Jump Will Persist through February, ESAI Occasional Memo, November 7, 2002

• Back to the Future: LSEs in the Drivers Seat Again, ESAI Occasional Memo, November 4, 2002

• Analysis of Effects of Single MISO-PJM-SPP Market, ESAI Presentation to MISO-PJM-SPP Single Market Design Forum, July 11, 2002

• The Business Cycle in the Power Industry, ESAI Occasional Memo, July 16, 2002

• OPEC Decision Means Higher Prices, ESAI Occasional Memo, June 26, 2002

• Stimulating New Transmission Investments, Ed Krapels (The Electricity Journal, June 2002)

• Market Analysis Toolbox: Leveraging Insights from Bid Data, ESAI Presentation

• ESAI chosen to conduct Cost Benefit Analysis of a Single MISO-PJM-SPP Market. Read the announcement.

• Ed Krapels presentation for Transmission Operation & Planning 2002, April 4, 2002

• Russia-Saudi Standoff Overblown, ESAI Client Memo, March 27, 2002

• Bush’s State of the Union Provides Roadmap, ESAI Weekly Intelligence Briefing, February 4, 2002

• Kudos to the California ISO -- A Step in the Right Direction, ESAI Occasional Memo, January 10, 2002

• OPEC Overextends, ESAI Occasional Memo, January 2, 2002

• Enron and Calpine: Slow Motion Avalanche Advances, ESAI Occasional Memo, December 19, 2001

• Can Calpine Escape the Enron Blues?, ESAI Occasional Memo, December 12, 2001

• Drawing Down the SPR and the Law of Unintended Consequences Sarah Emerson (Oil & Gas Journal, December 10, 2001)

• Northeast Power Market Outlook, Presentation for Day of the Trader Conference, Las Vegas, December 6, 2001

• As expected, Russia made a concession to OPEC regarding production, agreeing to cut 150,000 b/d. As we alerted our clients on November 20, however, that concession is small and looks as if it will reap enormous benefits for Russia. Please read our November 20 Occasional memo, Russia May Wink But Not Blink.

• OPEC Disappoints, Atlantic Basin Stockwatch, November 15, 2001

• Oil Demand Weakens in Latin America, Latin America Watch, November 5, 2001

• Enron Update, October 31, 2001. ESAI continues to monitor and advise its clients on the changing situation with Enron. The advice that we gave clients in October is still applicable. At that time, we noted that if Enron's energy deal book was sound that they would be able to avoid bankruptcy. As the market has seen, there is now evidence that Enron's books were not sound, and the worst-case situation -- the "long-term capital" type of collapse we were concerned about -- has developed. Read our complete October analysis here.

• Beware the Bear Trap, Occasional Memo, October 17, 2001

• What's Next for the Oil Market?, Occasional Memo, September 27, 2001

• Energy Implications of Attacks in U.S., Occasional Memo, September 14, 2001

• Oil Markets: Stable for Time Being, Occasional Memo, September 13, 2001

• WSCC Power Prices for September, August 31, 2001

• OPEC and Bi-Polar Pricing, Sarah Emerson (Oil & Gas Journal, July 6 2001)

• Groups Propose Jules Verne-esqe Idea To Import Cheap Canadian Power (Wall Street Journal, May 23 2001) For more information on the Neptune project and to read the FERC filing, click here.

• Determining Prudence in a Hypervolatile and Illiquid Market Ed Krapels (The Electricity Journal, May 2001)

Read More ESAI Articles, Publication Excerpts, and Presentations

For more information, contact Jill Kinsley, Marketing and Media Relations Coordinator, at (781) 245-2036 or jkinsley@esai.com