University of Texas at Austin

Dr. Michelle Michot Foss

Dr. Michelle Michot Foss

Dr. Michelle Michot Foss

Program Manager
Bureau of Economic Geology
The University of Texas at Austin
University Station, Box X
Austin, TX 78713-8924

For almost 30 years Dr Michot Foss has built, led and undertaken integrated energy economics research covering US and worldwide topics. The CEE "center of excellence" ‎is noted for contributions on natural gas and LNG; electric power market evolution; hydrocarbon sector governance and national oil company value creation. Much of CEE's work has entailed in-country technical assistance and capacity building to support sector reforms and investment essential for energy access and energy poverty mitigation.

  • Areas of Expertise

    Roughly 40 years of experience; advises U.S. and international energy companies; publishes and speaks widely; provides public commentary and testimony.  Expertise includes global oil and gas, LNG, gas-power, coal and non-fuel minerals, energy scenarios and outlooks.
    Develops and leads U.S. and international, corporate and government funded research. Highlights: industry sponsored research on North American oil and gas/LNG and global gas/LNG; USAID and U.S. Department of State-Energy Bureau technical assistance (Central Asia, South Asia, West Africa, Angola, Uganda, Mexico); U.S. Department of Energy (oil markets, U.S.-China Oil and Gas Industry Forum, Iraq oil and gas); World Bank (NOCs); other research and exchanges (Japan, Trinidad & Tobago, UAE, Europe).  Executive instructor, UT McCombs School of Business corporate energy programs (CNOOC, Sinopec, Petrobras); co-developer of UT-ExxonMobil global upstream commercial overview program (Houston and worldwide) and co-recipient of ExxonMobil Teaching Excellence award 2013.  CEE maintains an MOU with Oxford Institute for Energy Studies-Natural Gas Programme; supports the University of Ibadan (Nigeria) Center for Petroleum, Energy Economics and Law; is a non-contributory member of the Society of International Gas Tanker and Terminal Operators; was a finalist in the World Oil Awards, 2006 and 2007; listed as one of the Top Energy and Resource Policy Think Tanks compiled by University of Pennsylvania.

  • Education

    University of Houston (Ph.D.)

    Colorado School of Mines (MS)

    University of Louisiana-Lafayette (BS)

  • Professional History

    The University of Texas at Austin (since 2005)

    University of Houston (1991-2005)

    Simmons & Company International (1990-1991)

    Rice Center (1986-1990)

  • Selected Publications

    Books and Book Chapters
    Chapter 3, "Natural Gas Pricing in North America," in The Pricing of Internationally Traded Natural Gas, Oxford University Press, 2012 (forthcoming).

    Guide to Electric Power in Mexico, second edition, a Bureau of Economic Geology/Center for Energy Economics publication, 2012.

    "The Impact of Institutions on the Economic Performance of Country Hydrocarbon Sectors: National Oil Companies," with Miranda Ferrell Wainberg, Gürcan Gülen, Dmitry Volkov, Ruzanna Makaryan in Derecho, Institutiones y Desarrollo, Temas Selectos (Law, Institutions and Development, Selected Topics), ITAM/Editorial Porrúa, 2012.

    Working Papers and Articles
    The Outlook for US Gas Prices in 2020: Henry Hub at $3 or $10?, Oxford Institute for Energy Studies working paper, December 2011. [ link ]

    "Value Creation in National Oil Companies," with Gürcan Gülen and Miranda Wainberg, Empirical Methods in Energy Economics Conference, Southern Methodist University, Dallas, July 14, 2011.

    "El derrame de petróleo de Macondo," Foreign Affairs Latinoamérica, V 10, N 3, July-September 2010.

    "Africa: A New Frontier in Oil and Gas Exploration", Geotimes Vol. 53 (No. 2), p. 32, February 2008. [ link ] 

    "Gazprom pipeline gas remains key to Europe" with Dmitry Volkov, Gürcan Gülen and Ruzanna Makaryan, Oil & Gas Journal, April 27, 2009.

  • Awards and Recognitions

    Women’s Energy Network Woman of the Month (August 2015)

    Senior Fellow, U.S. Association for Energy Economics (2006)

    Key Women in Energy-Americas (2003)

    Scientific Council, 50th Anniversary of ENI Commemorative Encyclopedia of Hydrocarbons (2003).

  • Current/Recent Committees and Service

    University of Texas Service: Jackson School of Geosciences Endowment Committee (FY09-FY11; reappointed for FY17-FY19); Graduate Studies Committee, Energy and Earth Resources program (appointed FY16).

    Memberships: International/U.S. Association for Energy Economics (IAEE president 2003, USAEE president 2001); Association of International Petroleum Negotiators (past board member); Society of Petroleum Engineers.

  • Current Boards

    U.S. Chamber of Commerce-Energy Institute Advisory Board

    Oil & Gas Journal Economic Advisory Board

    Haddington Ventures LLC Advisory Board

    CENTRA Technology Board of Experts

    Energy Intelligence Group Advisory Board.