Embed Size (px)
DESCRIPTION
Anadarko CEO Jim Hackett spoke to students at Southern Methodist University about how our nation’s low-carbon future and economy rests on abundant, clean, American natural gas. His speech is part of the prestigious Frank Pitts Lecture Series at the Maguire Energy Institute.
Citation preview
January 14, 2010
A Conventional Fuel as an Unconventional AnswerJim Hackett – Chairman, President and CEO
2January 14, 2010
ENERGY FOR AMERICA
AbundantDomesticCleanAffordableJobs
Abundant
3January 14, 2010
2,074.1TCF OF FUTURENAT GAS SUPPLY
58%INCREASE IN THE PAST 4 YEARS
POTENTIAL GAS COMMITTEE REPORT, JUNE 2009
COALBED GAS RESOURCESTRADITIONAL GAS RESOURCES
SHALE GAS (615.9 TCF)
TOTAL POTENTIAL RESOURCES (VALUES, TCF)
1,836.4 TcfINCREASE INTHE PAST 4 YEARS
237.7 TcfPROVED RESERVES
NATURAL GAS: AN ABUNDANT RESOURCE
4January 14, 2010
TCF
/ YEA
R
UNCONVENTIONALINCLUDES NATURAL GAS FROM SHALE FORMATIONS, COAL SEAMS AND TIGHT SAND
UNCONVENTIONAL GAS: A GAME CHANGER
5January 14, 2010
ENERGY FOR AMERICA
AbundantDomesticCleanAffordableJobs
Domestic
6January 14, 2010
U.S. ENERGY INFORMATION ADMINISTRATION
32 OF 50STATES HAVE PRODUCTION
85%SUPPLY FROM U.S.
97%SUPPLY FROM NO. AMERICA
NATURAL GAS PRODUCING STATES
7January 14, 2010
Cody
PierreFayettevilleFayetteville
HaynesvilleHaynesville
Eagleford/Pearsall
Horn River
Montney
Deep Basin Colorado Group
Mowry
Gammon
Bakken
Baxter/MancosBaxter/Mancos
MancosMancos
Barnett/Woodford
Barnett
MulkyNew Albany
Antrim
Marcellus/Ohio/HuronMarcellus/Ohio/Huron
Utica
Woodford
Floyd-Neal
NiobraraNiobrara
Lewis
SHALE PLAYS IN NORTH AMERICA
8January 14, 2010
ENERGY FOR AMERICA
AbundantDomesticCleanAffordableJobs
Clean
9January 14, 2010
NATURAL GASWIND / SOLARVIABLERENEWABLEENERGY MIX
NATURAL GAS IS CLEANER
10January 14, 2010
TYPICAL EMISSIONS FOR COAL-FIRED, OIL-FIRED, AND NATURAL GAS GENERATING PLANTS (POUNDS PER MEGAWATT-HOUR)
U.S. ENERGY INFORMATION ADMINISTRATION, “NATURAL GAS ISSUES AND TRENDS,” 1998. �COMPUTED USING EIA DATE BASED ON THE FOLLOWING CONDITIONS: �A. COMBINED CYCLE (GAS/STEAM TURBINE PLANT) HEAT RATE OF 6,500 BTU/KW-HOUR (THERMAL EFFICIENCY=52.2%)B. SIMPLE CYCLE (GAS TURBINE PLANT) HEAT RATE OF 9,750 BTU/KW-HOUR (THERMAL EFFICIENCY=35.0%)
NATURAL GAS IS CLEANER
11January 14, 2010
WE NEED MORE NATURAL GAS VEHICLES (NGVs)
12January 14, 2010
THE NGV OPPORTUNITY
The transportation sector accounts for 30% of U.S. CO2 emissions.
Converting one heavy-duty truck from diesel to natural gas is the pollution-reduction equivalent of removing 325 cars from the road.
There are more than 10 million NGVs worldwide, with only about 120,000 in the U.S. – ranking us 12th
in the world.
13January 14, 2010
ENERGY FOR AMERICA
AbundantDomesticCleanAffordableJobsAffordable
14January 14, 2010
REDUCING VOLATILITY THROUGH GREATER SUPPLY
NO SPIKE FROM IKE
PRICE SPIKEPRICE SPIKE FROMKATRINA & RITA
15January 14, 2010
ENERGY FOR AMERICA
AbundantDomesticCleanAffordableJobsJobs
16January 14, 2010
2.8 MILLION2008 TOTALEMPLOYMENT
2.6 MILLION2007 TOTALEMPLOYMENT
2.4 MILLION2006 TOTALEMPLOYMENT
NATURAL GAS STRENGTHENS THE U.S. ECONOMY
17January 14, 2010
WE NEED YOU INVOLVED
18January 14, 2010
PRIMARY ENERGY CONSUMPTION BY SOURCE & SECTOR, 2008 (Quadrillion Btu)
37.1PETROLEUM
23.8NATURAL GAS
22.5COAL
7.3RENEWABLE ENERGY(Including hydro ~5%)
27.8TRANSPORTATION
20.6INDUSTRIAL
10.8RESIDENTIAL
& COMMERCIAL
40.1ELECTRIC
POWER
8.5NUCLEAR
SUPPLYSOURCES
% OF SOURCE
% OF SECTOR
DEMANDSECTORS
ENERGY INFORMATION ADMINISTRATION, ANNUAL ENERGY REVIEW, 2008
WE NEED A DIVERSIFIED ENERGY PORTFOLIO
19January 14, 2010
Total 4,157 Billion kWhElectric Utility Plants 60.2%Independent Power Producers and Combined Heat & Power Plants 39.8%
WE NEED CLEANER ELECTRICITY GENERATION
1.6
20January 14, 2010
22.8% 68.5%
WE NEED TO SWITCH TODAY
21January 14, 2010
U.S. ENERGY INFORMATION ADMINISTRATION
32GOVERNORS
64SENATORS
324MEMBERS OF CONGRESS
WE NEED CONSTRUCTIVE LEGISLATION
January 14, 2010
A Conventional Fuel as an Unconventional Answer for Climate
Change and National Security
