Thomas Covert is an Assistant Professor in Economics at the University of Chicago’s Booth School of Business and a Research Affiliate of the Energy Policy Institute at Chicago. He studies how oil and gas companies make investment decisions, and how regulatory policy and market institutions affect the quality of those decisions. He has used state level administrative data on O&G operations in several projects to study learning in hydraulic fracturing, tradeoffs between pipeline and rail transportation of crude oil, and the efficiency of the mineral lease market. Covert holds a PhD in Business Economics from Harvard University.