Tuesday, May 16, 2023

Learnings from the "Leaders in Industry" Speakers Series Monthly Luncheon

Happy Tuesday!  

We went to the “Leaders in Industry” Speakers’ Series Luncheon today which is the combination of Houston Producers Forum (HPF), Independent Petroleum Association of America (IPAA), and Texas Independent Producers & Royalty Owners Association (TIPRO) which is held at The Petroleum Club of Houston.  The speaker was Alan Armstrong – President and Chief Executive Officer of Williams.   Mr. Armstrong gave an interesting talk about natural gas and how it has been adapting to the markets demand, and it has been producing to keep the lights on.  He spoke about how it has helped us reduce emissions but helped us keep the power on which is allowing for coal plants to go offline.   Electrification of the world will only increase the demand for natural gas and other energies, and this will increase our need for more infrastructure to get the power to the people.  In the talk, the US needs three things to happen to permitting reform for interstate pipelines: water crossings, revisit projects which were denied, and expedite appeals.  The talk ended with a proposed solution which is natural gas brings reduced emissions and sustainable generation of power, but for this to happen we need to improve infrastructure to get power to consumers, we need to transform our energy policy to help build out our infrastructure, and help producing companies get their products to the market.  It was a very nice talk, and we hope to see you next time!  If you would to learn something, check out the next luncheon for HPF, please click the link: Oil & Gas Luncheons & Events | Houston Producers Forum.

If you need help with planning your next project and getting your product to your customers or storing it, contact us via the email in the blog and check out our ESC's website!

Have a good evening!