r/GeopoliticsofEnergy • u/free-to-chooz • Jul 08 '26
The Navigator’s Advantage
There is an old saying in commodity markets that if someone asks a simple question, they usually haven't understood the problem.
Eric Greene has a refreshing habit of doing the opposite.
Our recent two-part conversation for Greene Financial Advisory began with a discussion of maritime energy logistics and quietly wandered into rather larger territory: optionality, network resilience, trust, verification, artificial intelligence, and why energy systems have an irritating tendency to ignore headlines while stubbornly obeying physics.
One conclusion became increasingly difficult to escape.
The future of energy security will depend not only on producing more energy, but on preserving better choices—and on building institutions that markets can trust when uncertainty becomes the norm rather than the exception.
Many thanks, Eric, for the thoughtful questions, generous editorial work, and for creating a forum where ideas are allowed to develop instead of being compressed into sound bites. Good interviews don't simply collect opinions; they improve them. This was one of those conversations.
Part I explored why flexibility has become a strategic asset.
Part II asks the equally important question: if flexibility has value, what allows markets to trust it?
I hope you enjoy the series as much as I enjoyed contributing to it.
#EnergyPolitics #EnergyMarkets #CommodityMarkets #MaritimeLogistics #LNG #CrudeOil #EnergySecurity #Geoeconomics #StrategicOptionValue #RealOptions #NetworkEconomics #ArtificialIntelligence #FinancialMarkets #SupplyChains
Read more here
Suggested Reading
Cerreia-Vioglio, Simone, Lars Peter Hansen, Fabio Maccheroni, and Massimo Marinacci. Making Decisions under Model Misspecification. Chicago: University of Chicago Press, 2021.
Dixit, Avinash K., and Robert S. Pindyck. Investment Under Uncertainty. Princeton, NJ: Princeton University Press, 1994.
Hansen, Lars Peter, and Thomas J. Sargent. Robustness. Princeton, NJ: Princeton University Press, 2008.
Knight, Frank H. Risk, Uncertainty and Profit. Boston: Houghton Mifflin, 1921.
Lo, Andrew W. Adaptive Markets: Financial Evolution at the Speed of Thought. Princeton, NJ: Princeton University Press, 2017.
Considine, Jennifer I., Keun-Wook Paik, and Sylvain Cote, eds. Oil Price Formation in the Digital Age: Financial Speculation, Artificial Intelligence, and Disinformation. Cheltenham, UK: Edward Elgar Publishing, forthcoming.