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When: Anytime, at your convenience. This webinar will also be available on demand at any time after the live broadcast.
Overview:
Renowned energy expert Matt Simmons will discuss the sobering state of the oil and gas industry—from the natural gas glut to the Obama Administration’s energy policy and the growing talent vacuum—in a special Oil and Gas Investor presentation on Thursday, April 30, 10 a.m. CDT, of his remarks at the “Strategies for High Performance in Volatile Times” conference. A few of Simmons’ comments in this 50-minute webinar include: -- “The gas glut is a joke; it’s not real…What a tragedy to destroy our most valuable natural resource—because of bad data.” -- “It is alarming to see 100% of the focus (in Washington) on climate change and none on supply.” -- “Some 15% (of oilfield workers) are young and untrained, and 85% are within a few years of retirement. That’s not Houston or Dubai—that’s worldwide.” -- “The EIA supply model is fantasy land. We are now in the process of destroying the U.S. gas industry.” -- “What is a fair price for oil? … I think $150 was too low.” Mr. Simmons, who founded oilfield investment-banking firm Simmons and Company International, also touches on ethanol, wind power, the rusting of energy infrastructure, industry layoffs, college recruiting, Kazakhstan’s Kashagan Field and much more. All registrants will receive a complimentary copy of Hart’s VISION 2009: Global Energy Outlook special report – a $99 value. |
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Featured Speakers:
In the beginning of his career, Simmons started a small investment bank/advisory firm in Boston. Among his early clients were several subsea service companies. By 1973, almost all of his clients were oil service companies. Following the 1973 Oil Shock, Simmons decided to create a Houston-based firm to concentrate on providing highest quality investment banking advice to the worldwide oil service industry. Over time, the specialization expanded into investment banking covering all aspects of the global energy industry. Mr. Simmons’ recently published book Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy has been listed on the Wall Street Journal’s best-seller list. He has also published numerous energy papers for industry journals and is a frequent speaker at government forums, energy symposiums and in boardrooms of many leading energy companies around the world. About the Moderator:
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