Kenneth Medlock III Energy Research Fellow & Adjunct Assistant Professor Department of Economics e-mail 713-348-3757 CV

Kenneth B. Medlock, III is currently a Fellow in Energy Studies at the James A. Baker III Institute for Public Policy and Adjunct Assistant Professor in the Department of Economics at Rice University. He is the leader of the Energy Forum's natural gas program, and a principal in the development of the Rice World Natural Gas Trade Model, which is aimed at assessing the future of LNG trade. Medlock's research covers a wide range of topics in energy economics, such as domestic and international natural gas markets, choice in electricity generation capacity and the importance of diversification, gasoline markets, energy commodity price relationships, transportation, modeling national oil company behavior, economic development and energy demand, forecasting energy demand, and energy use and the environment.

Medlock's research has been published in academic journals, book chapters, and industry periodicals. Recent contributions include "LNG Trading Evolves" in the Fundamentals of the World Gas Industry (Petroleum Economist, 2006), and "The Baker Institute World Gas Trade Model" and "Political and Economic Influences on the Future World Market for Natural Gas" in Natural Gas and Geopolitics: 1970-2040 (Cambridge University Press, 2006). He won the International Association of Energy Economics Award for Best Paper of the Year in the Energy Journal in 2001 (joint with Ron Soligo). Medlock has also spoken at multiple academic and professional conferences on energy issues. For the Department of Economics, Medlock teaches courses in Macroeconomic Theory and Energy Economics.

Prior to returning to Rice, Medlock held the position of Corporate Consultant at El Paso Energy Corporation, where he was responsible for fundamental analysis of North American natural gas, petroleum, and power markets. Medlock also served as the lead modeler on the Modeling Subgroup of the National Petroleum Council for 2003 study of long-term natural gas markets in North America, and was a contributing author to the California Energy Commission's and Western Interstate Energy Board's Western Natural Gas Assessment in 2005. He is also participating in the 2006/07 National Petroleum Council Global Oil and Gas study.

Medlock received a PhD in economics from Rice University in May 2000. His areas of specialization are in the fields of energy economics and policy, with interests in environmental economics, applied econometrics and applied microeconomics.

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