CERAWeek Gives Insight into the Issues Facing Supply and Demand

On the heels of the recent spike in gas prices, energy professionals are descending on Houston for one of the largest energy shows, CERAWeek, hosted by IHS CERA. Oil and gas executives, economists and IHS CERA staff will be speaking to the abundance and diversity of our worldwide and domestic resources, the controversy surrounding current technology and the issues facing supply and demand.

The conference couldn’t be better timed as GOP nominees debate energy policy and the issues surrounding it, in hopes to unseat the incumbent president in November. It doesn’t help that the current nuclear threat coming from Iran has prompted international sanctions, which has raised gas prices in addition to the increasing energy demand in developing nations.

"Energy"

There is no doubt that America is one of the world's largest importers of oil but as demand in these growing nations continues, the conversation surrounding pricing and exploration will be greatly realized. Speakers this week will look at oil and gas exploration and development around the world in unchartered areas and the technology that will be needed to fulfill new production within those areas.

The real message this week will be how the oil and gas industry can forge a critical business path to develop the resources we have domestically but more importantly how they can be extracted from our own “backyards” in an environmentally conscious way.

The recent past has shown that environmental concerns hovering over the industry are very emotionally charged. In states like Pennsylvania and New York, citizens have rallied together supplying thousands of comments in an effort to impose new policies or keep past moratoriums in place over air and water concerns.

“Regulatory agencies are moving forward at an impressive pace,” said Maryam Brown, Chief Counsel, Subcommittee on Energy and Power, House Energy and Commerce Committee. This same committee believes that regulatory reform will be central to the United States energy debate in the upcoming election year.

Companies as well are entrenched in the energy debate and the growing concerns for increased environmental performance as well as health and safety that have become part and parcel to doing business.  “It has to be a core competency just as much as 3D seismic,” said Mark Brownstein, Deputy Director, Energy Program, Environmental Defense Fund.

Evidenced by speakers across all panels was the lack of understanding they believe the public has. The hardest part for the industry will be to educate the public and help them understand the distinct and contrasting differences that development plays across shales and the diversity of various regulations that are being proposed and imposed.

While some shale’s require technologically intensive extraction techniques others are less complicated, less deep and are composed of softer rock elements. “Citizens should know that casing is dependent on geological conditions state-by-state,” said Stanford University Geophysics Professor, Mark Zoback. He stressed that while regulations might be good for one state, it might not be for another. The statement seemed like such an obvious remark to the group, the mere reminder however served to underscore the lack of knowledge the public has on the topic.

The conference is poised to show that there is an obvious effort to move the industry forward in an ever-growing effort to meet demand. There is also an obvious attempt by opposition to halt that momentum. Both domestic and worldwide supply is growing, but the complexity of doing business in the United States could prove to shape the industry either for us or against us.

World demand is growing whether we are on board or not. That same demand will continue to drive the current $125 per barrel pricing and that is if we are producing at home or not. We may want to be less dependent on oil, but the world, especially in growing economies is not. The question this conference will ask is, are we ready to become sustainable with our resources or without them? And if we choose to harness the energy we have, how can the energy industry and the public do so in a way where conservation is king and we let businesses operate within reason.

Salt Lake City Windustrial

Phil Amburn – Sales/Operations Mgr.  

 

 

 

Rick Jensen – President

 

 

 

 

Salt Lake City Windustrial established in 1968, and today is under the umbrella and guidance of WinWholesale Inc., a leading national supplier of domestic and industrial supplies and materials headquartered in Dayton, Ohio.  WinWholesale is on the Forbes list of America’s largest privately-held companies. Their local wholesale employees receive in the benefits of their partial ownership.

Today Windustrial is in 43 states with more than 450 locally owned and operate Win companies under the following names;  Winnelson, Winair, Winlectric, Windustrial, Wintronic, Winwater and Winsupply.

Windustrial focuses on the local economy providing services to local customers while at the same time having the advantage of international buying power such as sourcing products out of Germany and Switzerland.  The benefit of having local companies is the ability of meet local needs.  The corporate umbrella with local ownership makes Windustrail the supplier of choice.  The Salt Lake City branch has a family atmosphere and profit share program so the harder an employee works, the better they are compensated.  Retaining employees allows the company to keep a personal connection through employee/customer relationships.  Windustrial sees customers as partners with the goal of meeting customer’s need economically, quickly and accurately.  Windustrial pulls together to provide the best service.

Windustrail also recommends problem solving products to customers.  They reach out to both engineers and industry firms to generate projects.  They continually seek new opportunities to provide their services.  To contact Salt Lake City Windustrial, visit their website at; www.saltlakewindustrial.com.

 

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Sustainable Energy in the U.S. Military

The United States military recognizes the need for sustainable energy.  In August the Army established the Energy Initiatives Office Task Force to develop renewable energy projects and improve energy security.  This is a concern because providing energy to remote military locations is dangerous as well as the possibility of the military communications being offline.  In fact one of eight army causalities is a result of protecting fuel convoys.  New energy technology can save lives, money and the environment.  In Iraq from 2003 to 2007, 3,000 people died protecting fuel convoys.  The fuel is used to run generators which provide electricity for communications.  The end cost is $40.00 per gallon which includes all aspects of getting the fuel to remote locations. One reduction to using fuel is providing solar panels that are easily rolled up into an individual’s backpack.  On base solar panels can be mounted on trailers.  The Department of Defense is interested in micro-grids to provide electricity to the military in an energy crisis.  As new energy products are provided and/or developed both by the military and business, most importantly lives will be saved.

For further reading please, visit: http://rmenergyblog.blogspot.com.

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The Global Forefront of the New Energy Economy

Engines & Energy Conversion Lab Colorado is at the global forefront of the new energy economy.  Foreign delegates visit the National Renewable Energy Lab and Engines & Energy Conversion Laboratory to see cutting edge energy development.  Creating collaborative agreements develops relationships between Colorado organizations and foreign delegates.  Brian Wilson with EECL develops energy solutions for engines, smart grids, smart businesses and biofuels.  Through research to producing products EECL makes impacts on the environment for example developing pipeline technology.  This technology’s impact is the equivalent to 120 million automobiles removed from the highway.  The Envirofit program at EECL has produced 350,000 cook stoves which has improved the lives of two million people.  Business and other organizations can partner with EECL and Envirofit by visiting www.envirofit.org.

 

 

 

 

 

National Renewable Energy Laboratory

Boosting the demand for clean energy through engaging firms in forums to build partnerships is one focus of NREL.  Partnership activities include multilateral and bilateral partnerships, climate and environmental initiatives and energy assessments. Five barriers to clean energy are policy, new energy technology implementation, standardizing, reducing costs and infrastructure.  NREL works with several entities to solve these issues.  To inquire about partnerships contact the tech transfer office, at: www.nrel.gov/international.

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ICOSA is transforming collaboration.

Kim DeCoste is vice president and editor-at-large for ICOSA where she manages the media team, and contributed to editorial planning for the magazine and a book on connections + collaboration. A few of her articles are “The Evolution of E-Learning,” “A Win-Win: Kroenke Sports Enterprises Does Great Work for Kids & Education,” “Living the Mission: Private STEM Solutions & Public Education,” “Authentic Leadership is Gender Neutral” and “Closing the Education Gap.”

ICOSA is thought of as organic―focused on developing collaboration and taking it to the next level which is transformation.  The method ICOSA uses can conceptually be adopted to fit into high schools but specifically higher education.  To be a doer one needs to learn to walk with others, and identify goals and meeting those goals in a manageable way.  ICOSA would like to work with higher education in providing students with collaborative methods.

Amazon is an example of a company who has successfully transformed.  Amazon.com launched its marketplace in 2002 selling books, music, videos and DVS’s and now has since developed the Amazon Kindle e-book reader and sells just about any product globally.

The difficult areas of collaboration are blending the different view of what success looks like and keeping people together and focused on the mission.

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