Recently, I spoke with an admired acquaintance, Cambridge Energy Research Associates (CERA) co-founder Joe Stanislaw, who has taken a position as independent senior advisor to the leadership of Deloitte & Touche USA's energy and resources practice. Stanislaw is more recently founder of the advisory firm The JAStanislaw Group LLC, specializing in strategic thinking and investment in energy and technology, and former president and chief executive officer of CERA. An energy advisor, strategist and commentator with 30-plus years of experience, Stanislaw has identified four global trends affecting the oil and gas industry. -- Creeping nationalism. He defines this as the rising competitive power and ambition of the national oil companies versus the rest of the marketplace. -- Access challenges. Here, Stanislaw says the real issue is: do we (foreign players with proven technologies) have access to production capacity in the big resource areas such as Mexico, Saudi Arabia, Kuwait, Iran, Iraq and Russia? Can capacity be developed to keep up with demand? "Technology and knowledge are as, if not more, important than money," he says. -- Energy security. Katrina focused attention on our supply vulnerabilities, but political walls create vulnerabilities in the same way. "The challenge is to avoid concentration of resources, in terms of infrastructure as well as political responses to deal with concentration of resources, i.e. Russia's [gas] supply shenanigans with Ukraine." -- Demand. The conservation message needs to encourage efficiency by asking consumers to buy the best technology, not "guilting" them to sacrifice. "How do we convince consumers to buy technology that already exists? What's the behavioral tipping point in the U.S.?" For more on this, see the April issue of Oil and Gas Investor. For a subscription, call 713-260-6441.
Recommended Reading
Energy’s Election Stakes: Regulations, Bureaucracy, Permitting
2024-10-18 - Oil and Gas Investor assembled a group of seven oil and gas executives, policy advocates and other experts to talk about what’s really at stake in the November election and the many challenges facing the energy sector, regardless of who wins.
Private Midstream Executives: More M&A, More Demand, More Gas Pricing Woes
2024-10-17 - Private midstream CEOs discuss the growth, opportunities and challenges that lie ahead.
EPIC Crude Completes Refinancing Amid Permian Pipeline Expansion
2024-10-16 - The refinancing comes at the heels of Diamondback and Kinetik Holdings acquiring stake in EPIC’s 800-mile crude pipeline, which runs from the Permian Basin to the Gulf Coast.
Howard: The Implications of ONEOK's M&A Binge
2024-10-09 - ONEOK’s M&A binge has propelled it to near the top of the sector. With so much midstream consolidation, what are its implications?
As Midstream Wobbles on IRA and ESG, a New Trend Opens Up for Sector
2024-10-08 - Enthusiasm for the Inflation Reduction Act (IRA) and ESG in the midstream sector is waning. Players are turning to a new trend—asset-backed securitization.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.