Matthew Koch

Institute for 21st Century EnergyU.S. Chamber of Commercewww.energyxxi.org

Institute for 21st Century Energy

• Started in June 2007• Affiliate of the U.S. Chamber of Commerce• Our mission is to advance a common-sense national energy

policy that will:– Provide for adequate supplies of affordable, clean, and diverse energy

– Protect the environment

– Ensure an energy secure America

Global demand to increase 53% by 2035

• 90% in non-OECD countries

Electricity demand to increase 76%

1.6 billion people without electricity

$38 trillion of new investment needed to meet demand

The New Energy Reality

Global Energy Demand

• 120 years of Nat. Gas• 206 years of Oil• 464 years of Coal

Technically Recoverabl

e Resources

• 586 years of Nat Gas• 536 years of oil• 9,844 years of coal

In-place Resources

Institute for Energy Resources Analysis of U.S. Government Data

U.S. Has Abundant Energy Resources

Canada's Key Energy StatisticsWorld rank

Total Primary Energy Production2012

19.139 Quadrillion Btu 5

Total Primary Energy Consumption2012

13.354 

Quadrillion Btu 7

Crude Oil Proved Reserves2015

172 Billion Barrels 3

Dry Natural Gas Production2012

5,070 

Billion Cubic Feet 5

Total Renewable Electricity Net Generation

2012

397 Billion Kilowatt hours 4

U.S. Energy Information Agency

Canada’s Key Energy Statistics

Source: U.S. Congressional Research Service, U.S. Fossil Fuel Resources: Terminology, Reporting, and Summary.

IHS

Shale Revolution Spawns Manufacturing Renaissance

Energy Changing America

-10

0

10

20

30

40

Percentage Change in Employment from 2007: O&G v All Non-Farm

O&G All Non-Farm

Oil & Gas is THE Job Driver

• More than 4 million new jobs;

• $2.5 trillion in additional revenue for governments

• $5.1 trillion in investment

• and 10 million barrels worth of added daily oil and natural gas production

By 2035, U.S.

unconventional oil and natural gas

could generate

more than:

Fueling Our Future Economy

Oil & Gas sector created 9% of all American jobs in

2011 Oil imports expected to

decrease over 60% … reducing

import bill by $200b.

Manufacturing Renaissance

Return of the Chemical,

Fertilizer, Steel Industries

Changing the Geopolitical

Balance in U.S. favor

Fueling Our Economy - TODAY

• Ten Facilities permitted

• 30+ pending permits

U.S. LNG Exports

• Canada = safe, reliable ally.

• The U.S. imports more oil from Canada than any other nation.

• Currently 41% of U.S. crude oil imports come from Canada. Up from 29% in 2013.

• Canadian oil sands resources = the third-largest proven reserves in the world.

• Every barrel of oil that is imported from Canada is one less barrel of oil imported from a less stable country that might not be looking out for our interests.

Energy Opportunity

• Disruptive Change

• Battleground Shift

• Oil Oversupply

• Toolbox Revamp

Shift in the Energy Paradigm

CAVE

NIMBY

NOPE

BANANA

Battleground Shift

Shale PlaysFood & Water Watch: Mapping the Movement

464 Actions In 26 States

Battleground

Everyone’s Favorite Pipeline

It now takes an average of more than 3 YEARS to complete an environmental impact statement

---------------------

The waiting time for a new mining permit is 7 – 10 YEARS (last in the world)

ENERGY IS THE

SOLUTION

ENERGY is High Tech

ET is the New IT

Rebrand

Source: EPA Office of Air Quality

Economic Growth + Environmental Progress

• Gasoline prices DECLINE

• 300,000 Jobs

• $5.8 Billion Savings for U.S. Consumers

• $13.5 Billion in New Government Revenue

• $38 Billion Increase in GDP

• $22 Billion Decrease in Trade Deficit

Benefits of Exporting Crude Oil

Go WHERE IT MATTERS!

• GOAL – educate and engage business and opinion leaders. Create smart energy advocates.

• TACTICS/STRATEGY – Myth Bust and Be Seen; Train; Build a diverse coalition; Use social media, blogs, advertising, op eds, letters to the editor, etc.; Promote multipliers;

Go Local!

Shale Works for US Ohio, Pennsylvania, West Virginia Partnership to Fuel America Indiana, Ohio, Michigan, Illinois, Missouri, Wisconsin, Minnesota, Nebraska, North Dakota, South

Dakota, MontanaColoradoTacoma,

Washington

Clark County, Nevada

North American ENERGY

IS THE ANSWER

Institute for 21st Century Energywww.energyxxi.org

@Energy21