EPRINC is excited to announce the addition of Rafael Sandrea as a Distinguished Fellow. Rafael is President of IPC Petroleum Consultants, Inc., a Tulsa based international petroleum consulting firm which specializes in oil and gas reserves appraisals and risk analysis for international upstream petroleum investments. He is very active giving Webinars, Masterclasses online, and speaking on the themes of reserves, IOR/EOR, shale oil and gas assessment, and global oil & gas supply, around the world. More of Rafael’s background can be found here.
London Argus Biofuels 2018 ConferenceRead More
On October 8-11, 2018, Argus Media held their Biofuels 2018 Conference in London.
Offering a U.S. perspective, EPRINC’s Max Pyziur participated in a panel titled, “Political will for ethanol in transport fuels.” He also chaired a Roundtable themed “Ethanol Growth in the US markets.”
The pdf of his powerpoint slides used at the Roundtable can be found here.
EPRINC and IEEJ Host Workshop: “Future of Asian LNG Part Two, The Road to Nagoya”Read MoreOn September 5th, 2018, EPRINC co-hosted the third workshop in the 2018 “Future of Asian LNG” series at the Willard InterContinental Hotel in Washington D.C. IEEJ and EPRINC are in the second year of a joint assessment of the future role of LNG in Asian power and fuel markets. Among the more important objectives of this joint effort are identifying recent trends and longer-term uncertainties in Asian natural gas markets and the potential role of U.S. LNG exports in serving those markets. The final workshop in the 2018 program included presentations and discussion on the U.S. LNG value chain, opportunities and challenges for financing the expansion of U.S. LNG exports and regasification receiving facilities in Asia, and prospects for expansion of natural gas storage and LNG bunker facilities, among other topics.The workshop presentations and accompanying discussion will contribute to the final joint IEEJ-EPRINC report and recommendations. The findings and recommendations will be presented at the 7th Annual Producer Consumer Conference on October 22, 2018 in Nagoya, Japan.
EPRINC Welcomes Emily Medina as a Non-Resident FellowRead More
EPRINC is happy to welcome Emily Medina as a non-resident fellow at EPRINC as we expand our research and outreach programs on U.S.-Mexican energy developments. Born and raised in Mexico, she has experience working with both the private and public sectors on important energy matters. More on Emily’s experience can be found here.
EPRINC Hosts Workshop on the Scale and Scope of the North American Natural Gas Production PlatformRead More
On April 19, 2018, the Energy Policy Research Foundation Inc. held a workshop at the Willard Hotel on the on the scale and prospective growth of the North American natural gas production platform. The workshop participants provided essential foundation information and analysis to expand our understanding of the role of U.S. natural gas as a supply source to meet both domestic requirements and to serve export markets. As EPRINC begins the second year of our joint project with the Institute of Energy Economics Japan (IEEJ) on the “Future of Asian LNG,” the findings from the workshop will expand our knowledge base on the potential for U.S. natural gas to serve the growing Asian market.
The workshop participants addressed four themes; (i) the size and productive capacity of the North American natural gas resource base, (ii) regulatory constraints on moving natural gas to domestic and export markets, (iii) demand risks, and (iv) potential consequences to the cost structure of U.S. oil and gas production from ongoing trade disputes. More importantly, the workshop brought together a broad cross section of the Washington energy community and provided an informed discussion of the opportunities and challenges on the future of the natural gas resource base.
The workshop benefitted from an excellent and well-experienced group of analysts, industry experts and policy makers. Although the discussion was off the record, all the presenters agreed to permit EPRINC to post their presentations and these can be found here.
Photos from the event can be found here.
EPRINC Welcomes Ash Shastri as a Distinguished FellowRead More
EPRINC is pleased to announce that Ash Shastri has joined us as a Distinguished Fellow. Ash brings a wealth of experience on global natural gas markets and Indian energy policy. As EPRINC proceeds with the second year of our joint project with the Institute of Energy Economics Japan (IEEJ) on the Future of Asian LNG, Ash’s deep understanding of the intersection of energy policy and natural gas markets will be an invaluable contribution to this effort. Ash is now working on an assessment for EPRINC on the primary forces likely to shape natural gas demand in India. We expect to publish the report in March 2018.
On February 20th, 2019, EPRINC hosted a workshop on U.S. Transportation Fuels Policy at the Willard InterContinental Hotel in Washington, D.C. The workshop brought together experts, industry representatives, and stakeholders to compare notes and share perspectives on the future of U.S. transportation fuels policies A brief description of the event is below, and a copy of the agenda and EPRINC’s recent paper on the RFS can be found at the bottom of this post. Also, the presentations from the event can be found here.
Since the end of WW II, U.S. policies and regulatory programs regarding transportation fuels have addressed central concerns about the safety of production, distribution, and use by consumers, energy security, and the environment. Environmental regulations have largely focused on air quality and more recently, carbon emissions. Automobile manufacturers have had to comply with a variety of increasingly stringent Federal and State requirements to meet reduced tailpipe emissions and improve fuel economy. CAFE (Corporate Average Fuel Economy) regulations were enacted in the 1970s to require higher fuel efficiency in motor vehicles. Beginning in 2005 through the passage of the RFS (Renewable Fuel Standard), increasing volumes of biofuel blending has been mandated. New regulations are also coming into force to regulate sulfur content in fuels for shipping vessels under international agreements managed by the International Maritime Organization (IMO). This EPRINC workshop covers these issues by having four panels, on the following topics: policy challenges facing CAFE regulations, risks and realities of electric and automated vehicles, the future of the RFS and the potential for a grand compromise, and implications of IMO regulations for bunker fuel costs and availability.
EPRINC is pleased to announce that Michael Lynch has joined us as a Distinguished Fellow.
As EPRINC embarks on an assessment of Mexico’s petroleum economics, Michael will be an extremely valuable addition to the team. Michael is now working on such an assessment, particularly examining the Mexican petroleum market and its effect on the Mexican economy. We expect to publish the report in December 2018.