Transborder Energy. in North America

Similar documents
Keystone XL oil pipeline: What you need to know about the dispute - LA...

Expanding Market Access for Alberta s Oil Resources

The Canada-US Energy Relationship Prosperity, Security, Sustainability

The Oil Sands: What is Needed to Realize the Potential?

Tar sands/ Oil sands: Pros and Cons

Key Priorities and Challenges for Canadian Oil

Canada s Oil Sands. Valve Manufacturers Association Orlando, Florida October 14 th, Martyn Griggs Manager Oil Sands, CAPP

North American Energy Integration: The Canadian Perspective. A Working Paper of the Americas Society/Council of the Americas Energy Action Group

Canadian Oil Sands. Energy and Economic Security. February 21, Cindy Schild, API Senior Manager Downstream Operations

Tar sands/ Oil sands: Pros and Cons. Activity

Alberta s Role in North American

Canada s Oil Sands An Overview

Overview of Canada s Oil Sands Industry

Social License for Energy Projects

The Constitution of Santos is not conducive to the right of shareholders to place resolutions on the agenda of a shareholder meeting.

A Primer on the Canadian Oil Sands

Energy. Business Plan Accountability Statement. Ministry Overview

Energy East Pipeline. Economic Developer s Association of Canada Conference. Energy Program. September 29, 2014

Market Access - The Strategic Imperative Continues

Tar Sands US Infrastructure Development

Canada s Oil & Natural Gas. Market Access The Key to Future Growth. Enabling Responsible Development. Calgary Real Estate Forum October 29, 2013

Canada s Oil & Natural Gas. Market Access The Key to Future Growth. Calgary Real Estate Forum October 29, 2013

Oil. SANDS Myths CLEARING THE AIR. Compiled by

GLOBALLY NETWORKED CARBON MARKETS COMMON FRAME OF REFERENCE AND APPROACH FOR CLIMATE CHANGE MITIGATION VALUE

Importance of NAFTA to US and Canadian oil & gas companies

Oil Sands Report Ed 1, 2011

COQG and CCQTA Joint Industry Meetings. Canada s Crude Oil Outlook

Energy BUSINESS PLAN ACCOUNTABILITY STATEMENT THE MINISTRY

Statement of the Institute for 21st Century Energy. U.S. Chamber of Commerce. ON: Keystone XL and the National Interest Determination

FREQUENTLY USED STATISTICS Economics

ST98: 2017 ALBERTA S ENERGY RESERVES & SUPPLY/DEMAND OUTLOOK. Executive Summary.

ONEOK Partners, L.P. ONEOK Partners, L.P. (NYSE:OKS) Applied Portfolio Management. Investment Thesis. Segments Breakdown 5/5/2015

Syllabus: Emerging Legal and Regulatory Issues in International Oil and Gas LAWG LAWJ Professor Doron Ezickson

CIBC 2014 Whistler Institutional Investor Conference

Pipelines: Government Decision-Making

The Impact of a Pan- Canadian Carbon Pricing Levy on PBO s GDP Projection. Ottawa, Canada 22 May

LET S TALK ABOUT NORWAY

ALBERTA OIL SANDS: THE FACTS

From Recession to Recovery

Update On Alberta Oil Sands Projects: Keeping Things In Perspective David Knapp Energy Intelligence Group Canada Think Day Center For Energy

How Competitive Are PDH Projects Compared To Conventional Sources?

U.S. Department of State Confirms Keystone XL Q Decision Timeline

CANADIAN OIL SANDS AND CONVENTIONAL OIL AND GAS PRODUCTION FORECAST, SUPPLY COSTS AND EMISSIONS

The Lies We ve Been Told

Proposed Development Plan KIRBY IN-SITU OIL SANDS PROJECT

Pipeline to Nowhere? Prospects and Barriers of Chinese Imports of Canadian Oil. Canada Institute May 5 th, 2011 Nathan Lemphers Policy Analyst

Recent policy developments and the rise of climate-related securities disclosure

Challenges to exporting Canadian oilsands crude overseas

Province of Alberta Investor Meetings London June Lowell Epp Assistant Deputy Minister, Treasury and Risk Management

Elements of a Trade and Climate Code

2017 Annual financial statements and management discussion and analysis

Policy Brief November Developing Global Market Access for Canada s Oil and Gas Industry SUMMARY

Investment Opportunities in Québec and Beyond

29 th USAEE/IAEE North American Conference October 14, 2010 Calgary, Alberta. Presented by Glen Schmidt, Chairman

Canada s Oil Sands: Production Outlook and Economic Impacts

From Peak Oil to Peak Uncertainty: The New Above Ground Risks

Energy ACCOUNTABILITY STATEMENT MINISTRY OVERVIEW

DESIGNING INVESTMENT GRADE POLICIES: LESSONS FROM EXPERIENCE WITH LOW-CARBON, CLIMATE-RESILIENT INVESTMENT

Keystone Pipeline System: Gulf Coast Pipeline & Keystone XL Pipeline

Economic Impacts of Low Crude Prices on the Canadian Economy

Oil Sands Outlook: How will the Challenges Facing the Industry affect Growth?

EAC Regional Policy Needs for Environmental Statistics

Full Disclosure PERSPECTIVE FOR INVESTORS. Risks of oilsands investment. Environmental liabilities in Canada s oilsands

Industry Contributions:

The 2010 Global Thought Leader Survey on Sustainability SUMMARY REPORT

SHELL CANADA OIL SANDS EXPANSION: Jackpine Mine Expansion & Pierre River Mine Public Disclosure

United States House of Representatives Committee on Energy and Commerce Subcommittee on Energy and Air Quality

Province of Alberta Investor Meetings Asia October Stephen J. Thompson, CFA Executive Director, Capital Markets Treasury Board and Finance

Alabama Department of Environmental Management. ADEM Update Manufacture Alabama 2013 Environmental Conference. November 6, 2013

CARBON FORESTRY OVERVIEW

GRANT MARTIN. Forum. Impact of the Economic Downturn on the Development of the Canadian Oil Sands

Chapter. International Trade CHAPTER IN PERSPECTIVE

Unit 4: Global Economic Concepts

QUESTIONNAIRE FOR EU-PCD REPORT 2015: CONTRIBUTIONS FROM MEMBER STATES

2/11/2014. A Leading North American Energy Infrastructure Company. $38 billion of Commercially-Secured Projects. In-Service by 2015

Keystone XL Pipeline Project: Key Issues

Crude Oil Forecast, Markets and Pipeline Expansions June 2007

CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2017 FOURTH QUARTER AND YEAR END RESULTS CALGARY, ALBERTA MARCH 1, 2018 FOR IMMEDIATE RELEASE

Alberta s s Energy Industry will the growth continue?

Perspectives on North American Pipeline Infrastructure Opportunities

Province of Alberta CIBC Government Finance Conference Vancouver June 11, 2018

2019 economic outlook:

BMO Infrastructure & Utilities Conference February 8, 2018 Toronto

Marketability of Oil Sands Products in Asian Countries

Mexico midstream. Opportunities for investors who move now

State Policy on Geologic Sequestration: 2009 Update

MESSAGE TO SHAREHOLDERS

regulation approach incentive approach

The SPE Foundation through member donations and a contribution from Offshore Europe

A Perspective on Canada s Upstream Oil & Gas Sector

Imperial announces first quarter 2017 financial and operating results

Key Economic Challenges Facing the Canadian Oil Sands Industry

Sanford C. Bernstein Strategic Decisions Conference AES CORPORATION. Paul Hanrahan President and Chief Executive Officer. May 31,

Canada s Oil Sands. Webber Academy November Looking Forward Continuing Responsible Growth

A Current Outlook for Oil Sands Development

The Ministry of Energy consists of the Department of Energy, the Alberta Petroleum Marketing Commission, and the Alberta Energy and Utilities Board.

Briefing Note: The uncertain prospect of oilsands exports to Asia from Canada s West Coast

Re-evaluating the Need for the Trans Mountain Expansion Project: the Impacts of Weaker Oil Markets and Keystone XL

CLIMATE. Q&A on accounting for transfers from outside of NDCs under Article 6 of the Paris Agreement to avoid double counting

RBAC's 2017 North American NGL Market Forecast

Transcription:

Transborder Energy in North America

AGENDA NACTS Global perspective North American perspective Key Stone Renewable Energy

NACTS NACTS is a consortium of US, Canadian and Mexican universities We promote cooperation: Security Competitiveness Awareness Sustainability We work for CSG State Alliance on Human Trafficking, Waste Tires, Renewable Energy

ATTRIBUTION Grants from Canadian DFAIT to Professor Martin Pasqualetti and myself Grant from Government of Quebec Grant from U.S AID Mexico Mission through Council of State Governments Grant from U.S. EPA to SCERP

Humanity s Top 10 Problems for the 1. Energy 2. Water 3. Food 4. Environment 5. Poverty 6. Terrorism and War 7. Disease 8. Education 9. Democracy 10. Population Next 50 Years Source: Nobel laureate, Richard Smalley

Canadian Oil Production Conventional, Oil Sands and Offshore Greg Stringham, Canadian Oil and Natural Gas Overview and Outlook, Canadian Association of Petroleum Producers, June 2006.

US Energy Needs Continue to Grow http://wilcoxen.cp.maxwell.syr.edu/pages/804.html

Trend in U.S. Oil Imports en.wikipedia.org/wiki/foreign_oil

Source: World Resources Institute: "Thinking long term: U.S. oil security and the Arctic National Wildlife Refuge.

Decline in Mexico Oil Production http://www.writingshop.ws/html/meltdown.html

U.S. Dependency on Foreign Oil http://www.mitenergyconference.com/2007/files/unconventionaloilpanel.pdf

Soheil Asgarpour, Alberta Department of Energy, Opportunities and Challenges of Oil Sands Development, presented September 9, 2004, Ft. McMurray Conference.

Counting on the Oil Sands

Oil Sands are Creating Jobs Across Canada Greg Stringham, Canadian Oil and Natural Gas Overview and Outlook, Canadian Association of Petroleum Producers, June 2006.

Future Water Demands for In Situ Oil Sands Production in Alberta Source: The Pembina Institute..

Greenhouse Gas Emissions x2 The oil sands are the single largest factor in the growth in emissions. Even in the best-case scenario, emissions will double by 2015 in the oil sands industry. 2005 The Washington Post, Photo by Melinda Mara

Soheil Asgarpour, Alberta Department of Energy, Opportunities and Challenges of Oil Sands Development, presented September 9, 2004, Ft. McMurray Conference.

Sulfur Blocks

Natural Gas Development for Oil Sands Production http://www.borealbirds.org/images/mackenzie-map.jpg

Market Potential Soheil Asgarpour, Alberta Department of Energy, Opportunities and Challenges of Oil Sands Development, presented September 9, 2004, Ft. McMurray Conference.

NAFTA NAFTA has special energy provisions that respect Mexican nationalized oil NAFTA has no proportionality rule for Canadian oil only equal access which by proximity means U.S. is free to import as much as it wants

WHERE ARE WE? North American Energy Working Group Security and Prosperity Partnership Bilateral Clean Energy and Climate Change Science and Technology Agreement North American Carbon Project (US-MX) Presidents Task Force

PEAK OIL? Debatable End of cheap, easy, accessible oil Could we drill our way to more? Friendly oil Peak cheap oil?

KEYSTONE 1 173 Bb of oil worth $15T being mined at rate of 1.5Mb/d Half can be moved south through a 2,000- mile long $7B pipeline to Texas refineries and made available to world market Would create between 6000 and 20,000 jobs May demand natural gas from Alaska

KEYSTONE 2 Relatively small additional GHG component offset by C$15/t charge and sequestration Leaks in current pipelines (more corrosive?) raise risk to Great Lakes and Ogallala aquifer if issues of pressure, thickness and inspections are not resolved First Nation concerns(water)

KEYSTONE 3 Department of State Presidential Permit Insider negotiations Outsourcing the environment Interdependence, enabler, mass exporter, conservation killer Role and power of states

LAND SEIZURE Voluntary purchase or Condemnation for Eminent Domain in the Public Good Appropriate now before the permit? 56 cases already TransCanada or U.S. Keystone Pipeline State right or court jurisdiction

Billion Gallons Earth Policy Institute - www.earth-policy.org NEED? 160 U.S. Motor Gasoline Consumption, 1950-2010, with Projection for 2011 140 120 100 80 60 40 20 0 1950 1960 1970 1980 1990 2000 2010 Source: EPI from EIA

CHINA Northern Gateway pipeline Sinopec bought Daylight (which owns 320K acres of Canada) for $2.1B cash Consistent violator of WTO subsidy rules for rare earths and renewable energy Control of the sealanes NAFT is both fair and tariff-free

BIG PICTURE US-MX relations Merida and Beyond Four Pillars Strong Resilient Communities USAID and State Alliance Border Research Partnership

RE IS Regional Security Jobs and Economic Development Quality of Life Environmental Quality Climate Change Mitigation

RE IS Resilience (Richness and Resistance) Community driven State-level controlled Pillar Relationship building (Plan Nord and US)

NAGES North American Greenhouse Gas Exchange Strategy Undeniable U.S. thirst for oil paid for and met by Canadian oil sands (for additional GHG increment as a security premium ) (sequestration as enhanced oil recovery) who buy offsetting credits from Mexico who modernizes PEMEX, builds mass transit, efficiencies, and renewable energy projects

CONTACT INFO WWW.NACTS.ASU.edu NACTS@ASU.edu 480-965-1846

Why and how develop and exchange renewable energy across the border Fall 2011 Rick Van Schoik Director, NACTS