Transcript ECEC Matthew Koch.v2x

Matthew Koch
Institute for 21st Century Energy
U.S. Chamber of Commerce
www.energyxxi.org
Institute for 21st Century Energy
• Started in June 2007
• Affiliate of the U.S. Chamber of Commerce
• Our mission is to advance a common-sense national energy policy that
will:
– Provide for adequate supplies of affordable, clean, and diverse energy
– Protect the environment
– Ensure an energy secure America
The New Energy Reality
Global demand to increase 53% by 2035
•
90% in non-OECD countries
Electricity demand to increase 76%
1.6 billion people without electricity
$38 trillion of new investment needed to meet demand
Global Energy Demand
U.S. Has Abundant Energy
Resources
Technically
Recoverable
Resources
• 120 years of Nat. Gas
• 206 years of Oil
• 464 years of Coal
In-place
Resources
• 586 years of Nat Gas
• 536 years of oil
• 9,844 years of coal
Institute for Energy Resources Analysis of U.S. Government Data
Canada’s Key Energy Statistics
World
rank
Canada's Key Energy Statistics
Total Primary Energy Production
2012
Total Primary Energy Consumption
2012
Crude Oil Proved Reserves
2015
Dry Natural Gas Production
2012
Total Renewable Electricity Net Generation
2012
U.S. Energy Information Agency
19.139
Quadrillion Btu
13.354
Quadrillion Btu
172
Billion Barrels
5,070
Billion Cubic Feet
397
Billion Kilowatt hours
5
7
3
5
4
Source: U.S. Congressional Research Service, U.S. Fossil Fuel Resources: Terminology, Reporting, and Summary.
Shale Revolution Spawns
Manufacturing Renaissance
IHS
Energy Changing America
Oil & Gas is THE Job Driver
Percentage Change in Employment from 2007: O&G v All Non-Farm
40
30
20
10
0
-10
O&G
All Non-Farm
Fueling Our Future Economy
• More than 4 million new jobs;
By 2035, U.S.
unconventional
oil and natural
gas could
generate more
than:
• $2.5 trillion in additional
revenue for governments
• $5.1 trillion in investment
• and 10 million barrels worth
of added daily oil and natural
gas production
Fueling Our Economy - TODAY
Oil & Gas sector
created 9% of all
American jobs in 2011
Changing the
Geopolitical Balance
in U.S. favor
Return of the
Chemical, Fertilizer,
Steel Industries
Oil imports expected to
decrease over 60% …
reducing import bill by
$200b.
Manufacturing
Renaissance
U.S. LNG Exports
• Ten Facilities
permitted
• 30+ pending
permits
Energy Opportunity
• Canada = safe, reliable ally.
• The U.S. imports more oil from Canada than any other nation.
• Currently 41% of U.S. crude oil imports come from Canada. Up from 29%
in 2013.
• Canadian oil sands resources = the third-largest proven reserves in the
world.
• Every barrel of oil that is imported from Canada is one less barrel of oil
imported from a less stable country that might not be looking out for our
interests.
Shift in the Energy Paradigm
•
Disruptive Change
•
Battleground Shift
•
Oil Oversupply
•
Toolbox Revamp
Battleground Shift
BANANA
Battleground
464
Actions In
26 States
Shale Plays
Food & Water Watch: Mapping the Movement
Everyone’s Favorite Pipeline
It now takes an
average of more
than 3 YEARS
to complete an
environmental
impact
statement
--------------------The waiting
time for a new
mining permit is
7 – 10 YEARS
(last in the
world)
Rebrand
Economic Growth +
Environmental Progress
Source: EPA Office of Air Quality
Benefits of Exporting Crude Oil
• Gasoline prices DECLINE
• 300,000 Jobs
• $5.8 Billion Savings for U.S. Consumers
• $13.5 Billion in New Government Revenue
• $38 Billion Increase in GDP
• $22 Billion Decrease in Trade Deficit
Go Local!
Go WHERE IT MATTERS!
• GOAL – educate and engage business and opinion
leaders. Create smart energy advocates.
• TACTICS/STRATEGY – Myth Bust and Be Seen; Train;
Build a diverse coalition; Use social media, blogs,
advertising, op eds, letters to the editor, etc.; Promote
multipliers;
Shale Works for US
Ohio, Pennsylvania, West Virginia
Partnership to Fuel America
Indiana, Ohio, Michigan, Illinois,
Missouri, Wisconsin, Minnesota,
Nebraska, North Dakota, South
Dakota, Montana
Colorado
Institute for
21st Century
Energy
www.energyxxi.org
@Energy21
North American
ENERGY
IS
THE ANSWER