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National Capital Chapter
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The National Capital Area Chapter of the United States Association for Energy Economics is committed to expanding the reach of energy information in both the private and public sectors of Washington DC, Northern Virginia, and Maryland.

We hold meetings once a month as well as an annual Washington Energy Policy Seminar, and feature both local and national experts as speakers.

To get in touch with us at the National Capital Area Chapter, contact the below representative. They can help answer any questions you may have.

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NCAC Lunch Presentation

Date/Time: December 7 2018, 12:00 PM - 2:00 PM

Location: Carmines, 425 7th St NW, Washington, DC 20004

Topic: Oil & Gas Companies Struggle to Balance Capital Discipline, Growth and Shareholder Rewards

Speaker: Pete Speer, Senior VP in Moody's Oil and Gas Team

Description:

The often overlooked and usually unheralded bounty of the shale revolution has been a huge increase in natural gas liquids production. These chameleons of the hydrocarbon chain, which begin their trip to market as gas and end up transformed into liquids along the way, are providing emerging economies with clean burning fuel and US chemical producers with a potential cost advantage that they are betting billions of dollars will continue. In the US Northeast, China has announced plans to spend as much as $80 billion to capitalize on abundant gas and NGLs in West Virginia. In the US Gulf Coast, $85 billion has already been spent since 2010 on capacity expansions with more to come. What's the excitement about, and will the ending be another story of the seemingly inevitable end game of commodity capitalism - Nash's Equilibrium?

About the Presenter:

Pete Speer is a Senior Vice President in Moody’s Oil and Gas Team, covering a portfolio of investment grade and high yield energy companies. His portfolio includes integrated oil, exploration and production, drilling, oilfield services and midstream companies. He joined Moody’s in 2003 in the Accounting Specialists Group, working alongside energy rating analysts and helping them to assess the reliability and quality of iissuers’ financial reporting and controls. Before joining Moody’s, Pete was a senior manager in the national office of PricewaterhouseCoopers LLP. For two years he consulted with audit engagement teams on a variety of complex financial accounting and reporting issues. Prior to his assignment in the national office, Pete was resident in the Houston office and served as the audit engagement senior manager for several multi-national energy industry clients. Pete is a Certified Public Accountant and is licensed in Texas and Michigan. Pete graduated from the University of Michigan with a Bachelor of Business Administration.

For more information, please visit https://www.ncac-usaee.org/events.