Amy Myers Jaffe of the Baker Institute Energy Forum at Rice University offered remarks last week arguing that recent political instability in the Middle East could make deepwater exploration and production activities more important to global energy supplies, particularly if the ongoing political turmoil in Egypt spreads to other oil producing countries. Jaffe noted that if energy supplies from the U.S. Gulf of Mexico become a bigger piece of the global energy picture, it would be even more important for offshore regulators in the U.S. to "get [new] regulations right." Find further coverage of her remarks in International Oil Daily. [Subscription required]