Energy and Environment Program
Energy and Environment Program
Forum on Global Energy, Economy, and Security
About the Forum
The 2015 Forum on Global Energy, Economy, and Security examined new pricing realities in international oil and gas markets. Claire Farley, Member, Energy & Infrastructure, KKR, and Bill White, Chairman, Lazard Houston served as co-chairs.
In recognition of increasingly globalized oil and gas markets and the strong links between energy and national economic and security concerns, the Forum on Global Energy, Economy, and Security was initially convened in 2005. Each summer since then a diverse group of about 70 experts has been assembled to share information and insights on these intersecting issues. The goal of this Forum, as well as our other annual energy forums, is to encourage candor and cross-disciplinary thinking among people with diverse experiences, disciplines and views.
Past chairs of this Forum include Bill White, former Deputy Secretary of Energy and former Mayor of Houston; John Deutch, former Undersecretary of Energy, Deputy Secretary of Defense, and Director of Central Intelligence; Ernie Moniz, Secretary of Energy; and the late Jim Schlesinger, former Secretary of Energy and Defense.
For the past several years, discussions at this Forum have focused primarily on the durability and international implications of the North American oil and gas production boom. Individual sessions have examined technical and environmental production challenges, the changing rationale for national and international energy security measures, and the midstream and downstream impacts of the production boom. Very brief presentations introduce each session but the majority of time is reserved for informal and forthright dialogue among all the participants – all discussions are off-the-record.
For more information about this Forum please contact Tim Olson (firstname.lastname@example.org; 202-736-2907).
Photos from the 2014 Forum, courtesy of Bill Arnold.
|In July 2014 the topic of the Forum was “Adapting to Plenty: Effects of the Oil and Gas Boom. Bill White, Chairman of Lazard Houston, and former Houston Mayor and Deputy Secretary of Energy, chaired. Participants considered additional opportunities for production and the challenges of achieving them, international impacts of the new North American production, the changing rationale for U.S. energy security measures, the prospects for and problems of growing U.S. natural gas production and possible exports, and the midstream and downstream impacts of the production boom. Download the Report.|
|The 2013 Forum continued the recent focus on the impact of increased unconventional oil and gas production in North America. “Responding to Change: The New World of Oil and Gas” discussed production challenges and opportunities; the impact on midstream and downstream companies; the potential demand for gas in various sectors; the environmental costs of energy; and global economic and political issues. Download the Report.|
|"The North American Oil and Gas Renaissance and its Implications" was the topic of the 2012 Forum. The co-chairs were John Deutch of MIT, former Undersecretary of Energy, Deputy Secretary of Defense, and Director of Central Intelligence; and Robin West, Chairman and CEO of PFC Energy and former Assistant Secretary of Interior. Among the topics examined were supply prospects, geopolitical implications, technology challenges, domestic gas demand, reducing the environmental footprint of shale gas, and LNG exports. Download the report.|
|In July 2011 the Forum examined "Global Energy Markets in a Time of Political Change." Political changes in the U.S., inaction on climate change legislation, a slow economic recovery, fiscal problems in the U.S. and Europe, developments in unconventional oil and gas resources, various improvements and setbacks in global oil production prospects, and the potential for alternative transportation fuels and greater vehicle fuel efficiency have influenced the near-term discussion but not the underlying challenges of energy supply and security. Bill White, former Deputy Secretary of Energy and former Mayor of Houston, chaired the Forum. Download the report.|
|The 6th annual Global Energy Forum in 2010 examined the recent dramatic increase in shale gas production brought about by advances in horizontal drilling and hydraulic fracturing. The discussion included geopolitical issues that could be influenced by greater gas supply, the potential for increased U.S. gas demand, and the impact of possible climate change legislation. The Forum was chaired by John Deutch, Institute Professor at MIT and former Undersecretary of Energy, Deputy Secretary of Defense, and Director of Central Intelligence. Download the report.|
|The 2009 Forum explored "Oil and Gas in a Changing World," reflecting the turmoil in the industry caused by the severe economic recession and highly volatile oil and gas prices. Topics included the dramatic increase in U.S. gas reserves as a result of production of gas from shale, the potential for improved efficiency to reduce demand for oil, and the prospects for various alternative fuels and automotive technologies. The Forum co-chairs were Luis Giusti, Senior Advisor to CSIS and former CEO of PDVSA, and Joseph A. Stanislaw, independent senior advisor to Deloitte LLP and CEO of The JAStanislaw Group. Download the report.|
|In 2008 the Forum asked "How Will Supply Meet Demand?" with growing concern about the world's ability to meet projected demand growth for oil and natural gas in a secure, lower carbon way, a diverse group of experts explored questions of global and U.S. supply and demand, the prospects of alternative transportation fuels, the economic impacts of high energy prices, and the challenges of improving energy security. The Forum was chaired by John Deutch, Institute Professor at MIT and former Undersecretary of Energy, Deputy Secretary of Defense and Director of Central Intelligence. Dowload the report.|
The 2007 Forum, "Toward a Global Gas Market,” considered how increasing trade in liquefied natural gas is changing regional gas markets into global markets. Chaired by former Secretary of Energy and Defense James R. Schlesinger, the diverse group also explored projections of gas demand, the global resource base, the impacts of technological advances on future production, and the geopolitical and national political issues that can affect supply. Download the report.
Energy Markets & Global Politics, is the report of the second annual Global Forum on Energy, Economy and Security. Growing demand and competition for oil and gas supplies, war or instability in some producing regions, and the increasing threat of the use of energy as a political Term Administration weapon focused the world's attention on energy markets and global politics. A group of industry leaders and policy experts, chaired by former U.S. Senator J. Bennett Johnston, was convened in Aspen in July 2006 to explore issues at the intersection of energy, economics, geopolitics, and security. This report discusses changes in oil and gas markets, national and regional strategic considerations, refinery economics and capacity, and transportation fuels and technologies. Download Part I. Download Part II.
The New Energy Security is the report of the first annual Forum, held in Aspen October 14-17, 2005. Co-chaired by James R. Schlesinger, former US Secretary of Defense and Energy, and Luis Giusti, Senior Advisor at CSIS and former CEO of Petroléos de Venezuela, experts discussed recent increases in oil and gas prices, global competition for reserves, debates about whether oil production will peak soon, growth in demand in China and India, prospects for increased production in Saudi Arabia and Russia, US reliance on LNG imports to meet gas demand growth, and the links between globalized energy markets and perceptions of national security. Download report cover only (PDF).
Photo courtesy of Bill Arnold.