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TO EDUCATION, ENERGY, AND NATIONAL EDITORS:
National energy symposium to explore the economic, geopolitical impact
of U.S. energy security
NORMAN, Okla., March 14, 2014 /PRNewswire-USNewswire/ -- Thought
leaders from the energy industry will meet on the University of
Oklahoma'sNorman campus next month to discuss the global and domestic
impact of a steadily increasing U.S. energy supply. The Price College
of Business Energy Institute at OU will serve as host for the second
annual Energy Symposium on Thursday, April 10.
"We are experiencing a time of energy abundance in the U.S. that could
extend for many years to come," said Dipankar Ghosh, David C. Steed
Professor of Accounting and executive director of the Price College of
Business Energy Institute. "With the dramatic growth of oil reserves
and production from deep water offshore and unconventional onshore
development, together with the boom in natural gas reserves and
production capacity, we're closer to North American energy
independence than we've been in decades. That security of relatively
low-cost and abundant supply of hydrocarbon resources will have
far-reaching impact on the U.S. economy and our geopolitical position
in the world."
Conference discussions will focus on how improved technology and cost
efficiencies have led to enhanced oil and gas productivity and
significant reserve increases in the United States and Canada,
dramatically changing energy perspectives. Speakers also will discuss
how the new opening in Mexico will impact prospective supplies. The
potential for the United States to become a net exporter of natural
gas and refined products could change American views of energy
dependency and reshape the global energy balance.
Speakers also will explore how new geologic concepts and technologies
will continue to provide long-lasting supplies of hydrocarbon energy
resources from the United States, Canada and Mexico, examining
in-depth the impact of this increasing and sustainable resource on the
economy and geopolitical dynamics.
"The impact of this supply revolution, combined with energy
utilization efficiencies, could have extraordinary consequences on the
U.S. economy and labor markets," Ghosh said. "For decades, the
geopolitical leverage achieved by large petro-exporters has been a
major challenge for the U.S., but we now have the means to shift the
balance. Participants will leave the conference with a fresh
perspective on the implications of North American energy security and
how those prospects should drive our strategy and policies for energy
in this country."
Energy Symposium Featured Speakers
John Richels, president and CEO of Devon Energy, will provide insight
on the sustainability of North American hydrocarbon energy resources
that underpin energy security.
Eric Lee, energy analyst on Citigroup's commodities research team,
will focus his discussion on the far-reaching economic impact of North
American energy security.
Tom Choi, natural gas market lead for Deloitte Marketpoint LLC, will
address the liquid natural gas (LNG) export potential of the U.S,
including regulatory hurdles. He will also discuss the impact of LNG
export potential on U.S. domestic and international gas prices, on the
resurgence of manufacturing and other industries in the U.S., and the
timing and cost factors.
Robert Johnston, CEO and director of Eurasia Group's Global Energy and
National Resource practice, will discuss how energy security is
re-shaping global geopolitical dynamics.
Keynote speaker, Joseph Stanislaw, founder of the JAStanislaw Group,
will share his extensive global experience and insights on this
emerging energy reality and add further perspective to the key
messages provided by the other speakers.
The Energy Symposium is from 9 a.m. to 1:30 p.m. Thursday, April 10,
at The National Weather Center, 120 David L. Boren Blvd., on the OU
Norman campus. There is no cost to attend, but space is limited and
registration is required. To register for the conference, visit
http://price.ou.edu/energysymposium.
About the Price College of Business
The Price College of Business is one of the nation's premier business
colleges. Building on the University of Oklahoma's tremendous global
energy legacy that stretches back 100 years, and in response to the
industry's significant demand for well-trained leadership, the Price
College of Business has launched several successful programs aimed
specifically at the energy industry.
To learn more about the Price College of Business, visit
www.ou.edu/price, follow us on Twitter at twitter.com/OUPriceCollege
or like us on Facebook at www.facebook.com/oupricecollege.
SOURCE The University of Oklahoma Price College of Business
-0- 03/14/2014
/CONTACT: Penny Seale, (405) 306-8386
/Web Site: http://www.ou.edu/price
CO: The University of Oklahoma Price College of Business
ST: Oklahoma
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