The Shale Revolution: What Do We Know and Where Are We Going?

When

Thu, Oct. 30, 2014

8:30 am - 5:30 pm

(GMT-05:00) America/Chicago

Where

James A. Baker III Hall

In a major study funded by the Alfred P. Sloan Foundation, the Center for Energy Studies (CES) at Rice University’s Baker Institute for Public Policy assessed the local and global market impacts of proposed and potential policy actions on the development of shale resources in North America. The study, titled "The Market Impacts of New Natural Gas-Directed Policies in the United States," was published by the Baker Institute in February 2015. The Sloan Foundation has also funded numerous research projects at other institutions in order to contribute to the deeper understanding of the shale resource base and its longer-term potential impacts.

The Center for Energy Studies hosted a conference on Oct. 30, 2014, to discuss the shale revolution. The conference featured speakers from the Center for Energy Studies, The University of Texas Bureau of Economic Geology, Resources for the Future, the Environmental Defense Fund, the University of Colorado Denver, Duke University and Rice University. The speakers presented the latest research on characterizing shale resources and recovery, the environmental impacts of shale development, public perception and policy motivation in different parts of the country, and the economic implications of shale development and associated policy interventions.

Scroll down to the bottom of the page to view the videos from the event. To view the full program for the conference, click here.

Agenda

8:30 am			Registration and Breakfast
9:00 am			Welcome and Study Design Kenneth B. Medlock III, Ph.D. James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics, and Senior Director, Center for Energy Studies, Baker Institute
			Resources and Recovery
9:15 am			“The Role of Shale Gas in the U.S. Energy Transition: Recoverable Resources, Production Rates and Implications” Overview and Geology Scott W. Tinker, Ph.D. Director, Bureau of Economic Geology, and Allday Endowed Chair of Subsurface Geology, John A. and Katherine G. Jackson School of Geosciences, The University of Texas at Austin; and State Geologist of Texas Well EUR and Technically Recoverable Reserves John Browning Senior Research Fellow, Bureau of Economic Geology, The University of Texas at Austin Well Economics and Production Outlook Svetlana Ikonnikova, Ph.D. Research Associate and Energy Economist, Bureau of Economic Geology, The University of Texas at Austin Sensitivities and Economic Differences Gürcan Gülen, Ph.D. Senior Energy Economist, Center for Energy Economics, Bureau of Economic Geology, The University of Texas at Austin
10:45 am			Coffee Break
			Environmental Impacts
11:00 am			“Risks and Regulations of Pits and Tanks” Alan Krupnick, Ph.D. Senior Fellow and Director, Center for Energy Economics and Policy, Resources for the Future
Noon			Lunch
1:00 pm			“EDF’s Scientific Efforts to Quantify Natural Gas Methane Leakage” David Lyon Scientist, Environmental Defense Fund
			Policy and Public Sentiment
2:00 pm			“Understanding the Political Fractures and Seams Around Hydraulic Fracturing in Texas” Tanya Heikkila, Ph.D. Associate Professor and Director, Doctoral Program, School of Public Affairs, University of Colorado Denver Samuel Gallaher Ph.D. Candidate, School of Public Affairs, University of Colorado Denver
2:30 pm			“Policy Outcomes and Political Venues: The Case of Hydraulic Fracturing” Robert Stein, Ph.D. Fellow in Urban Politics, Baker Institute; and Lena Gohlman Fox Professor, Department of Political Science, Rice University Marvin McNeese Ph.D. Candidate, Department of Political Science, Rice University
3:00 pm			Coffee Break
			Economics and Market Response
3:15 pm			“Shale Public Finance: Local Government Revenues and Costs Associated with Oil and Gas Development” Daniel Raimi Associate in Research, Duke University Energy Initiative
4:00 pm			“The Market Impacts of Shale-Directed Policies in the United States” Kenneth B. Medlock III, Ph.D. James A. Baker III and Susan G. Baker Fellow in Energy and Resource Economics, and Senior Director, Center for Energy Studies, Baker Institute
5:00 pm			Closing Remarks
5:15 pm			Reception