At the 125th GRIPS Forum on June 20, 2016, Dr. Michelle Michot Foss, Chief Energy Economist and Program Manager, Bureau of Economic Geology’s Center for Energy Economics, The University of Texas gave a lecture titled “Global Views on Energy”.

You can see the summary of her address here.

Please click here to see the video of the Forum. 

Abstract

People try to build paradigms, but fail. In part, this is because analysis and modeling are so fraught with difficulty – and this is a key point. It is a most imperfect world when it comes to: data availability and quality; discerning the correct factors and influences that drive energy supply and demand; and removing bias – in particular, political bias – associated with analysis and projection.

Dr. Foss also thinks the biggest problem is that people love to ignore “facts” and prefer to build “­fictions” based on beliefs. 

Speakers’ Profile:

Dr. Foss has nearly 40 years of experience; advises U.S. and international energy companies; publishes and speaks widely; provides public commentary and testimony. Expertise includes global oil and gas, LNG, gas-power, coal and non-fuel minerals, energy scenarios and outlooks.

She developed and led U.S. and foreign projects including corporate funded research and consortia; U.S-Mexico gas, North America gas-power, global gas and power, North American LNG, as a part of them. Dr. Foss is an executive instructor, and co-recipient of ExxonMobil Teaching Excellence award 2013. She holds M. S. from Colorado School of Mines, and Ph.D. from University of Houston.