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”.

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.?

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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.