Elections

Energy Summit Brings Together Several Energy CEOs One Presidential Candidate

Democratic presidential candidate Hillary Clinton joins energy and environmental leaders this evening here in Houston at a summit on energy security. Houston Public Radio’s Ed Mayberry has a preview.

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Scheduled just days before the crucial March 4th Texas primary, the Greater Houston Partnership event at the George R. Brown Convention Center provides a forum for conversations about the nation’s energy policies.  Shell’s John Hofmeister says there’s been an absence of discussion about short-term solutions among the candidates.

“This is not to say that the nation did not make progress with the energy acts of 2005, 2006, 2007.  Today we face the same predicament that this nation faced in September of 2005 in terms of the readiness of the supply side to balance the demand side when we faced those horrible hurricanes that took out 25 percent of the nation’s oil and gas production in a few days.”

Anadarko Petroleum’s Jim Hackett says if he had the chance to discuss energy policy with the presidential candidates, he’d encourage them to better understand America’s energy needs.

“Aside from our spiritual lives, there are four ingredients to physical existence–the most basic and important ones–and that’s affordable food, clean air, clean water and affordable and abundant supplies of energy.  And I see them taking swats at one of those four basic ingredients to our physical existence that have nothing to do with reality.  And so what I would ask them to do is spend a lot more time focusing on that equation and trying to really understand what produces energy, how is it consumed, what are the real alternatives, instead of just saying to the American consumer–which includes me, by the way–we’re going to take a bunch of money out of one pocket and we’re going to put it into these untested vehicles.  Much like they did to all of us with corn-based ethanol, which I don’t think anybody in our society today thinks was a great alternative.  You and I have subsidized that for billions of dollars for a bunch of caucus votes in the Middle West.” 

Marathon’s Clarence Cazalot says energy security is right up there in importance with all the other issues the candidates have been discussing.

“Energy security is something that the candidates and ultimately the new administration is going to have to focus on, again, what I’ve said is a comprehensive energy security strategy.  And I think the fundamentals of that strategy are threefold: we need to improve our energy efficiency and conservation, we need to increase supply and diversity of all our energy sources.  And the third element is technology to both increase the supply, but at the same time help us mitigate the impact on the environment in consuming that energy.”  

The Greater Houston Partnership says Houston needs to be seen as a center of thought for energy policy, and this event will help.  Hillary Clinton addresses the energy and environmental leaders at six o’clock.  Ed Mayberry, Houston Public Radio News.

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