ECONOMIC AND ENERGY OUTLOOK FOR 2018: KEEP ON TRUCKIN Presentation - - PowerPoint PPT Presentation

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ECONOMIC AND ENERGY OUTLOOK FOR 2018: KEEP ON TRUCKIN Presentation - - PowerPoint PPT Presentation

ECONOMIC AND ENERGY OUTLOOK FOR 2018: KEEP ON TRUCKIN Presentation to North Dallas Chamber of Commerce Economic Outlook Breakfast By Bernard L. Weinstein, Ph.D. Associate Director, Maguire Energy Institute Cox School of Business Southern


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ECONOMIC AND ENERGY OUTLOOK FOR 2018: KEEP ON TRUCKIN’

Presentation to North Dallas Chamber of Commerce Economic Outlook Breakfast By Bernard L. Weinstein, Ph.D. Associate Director, Maguire Energy Institute Cox School of Business Southern Methodist University Dallas, Texas January 12, 2018

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U.S. EMPLOYMENT GROWTH 1940-2017

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2007-2017

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DOES POPULATION DRIVE THE ECONOMY? OR DOES THE ECONOMY DRIVE POPULATION?

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CALIFORNIA, HERE I GO

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EXPORTS AND ENERGY: CRITICAL TO TEXAS’ CONTINUED ECONOMIC SUCCESS

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“Lord, just give me one more

  • il boom, and this time I

promise I won’t piss it away.”

  • ----J.R. Ewing?
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CRUDE OIL PRICE REACHES 3-YEAR HIGH

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Approved Export Terminals for LNG

EIA projects U.S. to be net exporter of natural gas for the first time this year.

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CHENIERE LNG FACILITY UNDER CONSTRUCTION IN CORPUS CHRISTI

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TANKERS LOADING LNG AT SABINE PASS

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THE BATTLE CONTINUES

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LET’S KILL ALL THE PIPELINES!

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PROTESTING AN LNG EXPORT TERMINAL IN OREGON

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FOSSIL FUELS AREN’T GOING AWAY ANY TIME SOON

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THE BENEFITS OF AMERICA’S NEWFOUND ENERGY ABUNDANCE

  • Gives a competitive edge to our energy-intensive manufacturing

industries

  • Reduces the percent of disposable income households spend on

energy

  • A diverse portfolio of energy resources helps insulate us from

commodity cycles and global political disruptions

  • Our diverse energy mix is largely responsible for improvements in

air quality

  • Being an energy super-power gives us tremendous economic and

political leverage, if we use that dominance wisely