Date: October 24, 2013
Time: 1:30 p.m. - 4:30 p.m.
Location: Friend 008
This forum is the first in a series of five talks featuring speakers from industry, government and NGOs that will explore key topics associated with shale gas and tight oil in conjunction with the course, “U.S. Shale Gas and Tight Oil: Implications and Opportunities,” being taught by Michael Schwartz, the Gerhard R. Andlinger Visiting Professor in Energy and the Environment.
The first forum appropriately follows General David Patraeus who spoke on Campus this weekend about the enormous consequence to the US and North America of the “Shale Gas Revolution.” However, the technologies of horizontal drilling and hydraulic fracturing not only enable new gas supply but new oil production from tight oil formations. Since significant reserves of tight oil are found not only in the US but across the globe, there are important potential impacts on world supply/demand. The panel, Anthony Yuen of Citigroup, Steven R. Kopits of Douglas-Westwood and Helima Croft of Barclays Capital, will present differing views on the forward path of world oil prices based upon the independent critical analysis of global supply and demand growth from developing countries and will go on to explore the geopolitical/economic consequences of the pricing scenarios. The discussion should prove illuminating to those interested in energy, economic and environmental policy.