Edward Lewis Morse (born January 5, 1942, in New York City) is an American energy economist.
From 2006 to 2008, he was chief energy economist at Lehman Brothers, where he argued the oil price rises of 2007 and 2008 were an unsustainable bubble.
In 1978, Morse joined the U.S. Department of State, where he was initially executive assistant to the Undersecretary for Economic Affairs.
In 2001, Morse chaired a task force on energy security, sponsored jointly by the Council on Foreign Relations and the James A. Baker III Institute at Rice University.
In 2008, as oil prices approached its peak near $150/bbl, Morse and his research team at Lehman Brothers argued this was an unsustainable overshooting fueled by behavioral herding, and that there would be sufficient demand destruction in advanced economies and new supply from non-OPEC countries to cause prices to collapse [1].
In 2009 Morse provided a valuation for the Malaysian state fund 1MDB for petroleum exploration and production assets associated with PetroSaudi International Ltd.
Leaked emails and 1MDB board minutes suggest that Morse's valuation was influenced by PetroSaudi director Patrick Mahony.