Ed Morse

Ed Morse spent decades as an energy economist and policy analyst, including roles in government before moving to Wall Street. As head of global commodity research at Citigroup, he made early and well-documented calls on US shale production growth, calling for US oil independence before most peers. His research shaped how institutional investors positioned in energy markets through the shale revolution of the 2010s. Morse also contributed to energy policy discussions, advising both government officials and major energy companies on supply projections and price outlooks. His integrated approach — combining upstream geology, regulatory frameworks, pipeline infrastructure economics, and demand-side modeling — allowed him to forecast the pace and magnitude of the shale supply surge earlier and more accurately than most commodity analysts, demonstrating the importance of combining sector-specific technical knowledge with macro market framework in energy research.