Support MI up for updates Subscribe up for updates
About Research Events Centers Newsroom Currency of Ideas
Global Conference 2010 | Lunch Panel:<br> Geopolitics, Global Demand and the Quest for Energy Security
Program | Speakers | Videos
Register Online Now

Panel Detail:

Tuesday, April 27, 2010
12:15 PM - 2:15 PM

Lunch Panel:
Geopolitics, Global Demand and the Quest for Energy Security

View Slide Presentation

Energy security is serious business, but moderator Brian Sullivan of Fox Business News kept the panelists and the audience laughing.

Just like you wouldn't have only one stock in a portfolio, said Jay Pryor of Chevron, America needs to diversify its energy sources. His solution? "Invest, baby, invest."

A Global Conference panel on energy brought home the growing national security concerns surrounding U.S. reliance on oil imported from volatile regions. Gen. Wesley Clark, who works today as an energy investor, noted that the U.S. is sending billions of dollars every year to autocratic states just to purchase oil. Changing this dynamic will require a major focus on the transportation sector.

We're on the brink of a major shift, however. Biofuels are gaining momentum, we've just figured out how to extract huge stores of natural gas from shale and electric cars are being rolled out. Major oil companies like Chevron are branching out, too. Investors just need clear policy signals. As Clark put it, the technology is ready and the capital just waiting is on the sidelines.

But panelists cautioned against having the government pick winners and losers. Instead we need to concentrate on diversifying our options. Anne Korin of the Institute for the Analysis of Global Security was adamant that we need to develop flex-fuel cars that give consumers choices and "hedge our bets in every direction."

This wide-ranging policy discussion — deftly moderated by the entertaining Brian Sullivan of Fox Business Network — covered everything from the role of nuclear energy to the vulnerabilities of the current electric grid. Don't miss the video.


Aris Candris, President and CEO, Westinghouse Electric Company

Wesley Clark, Army General (ret.) and former Supreme Allied Commander, NATO; Chairman, Rodman & Renshaw

Anne Korin, Co-Director, Institute for the Analysis of Global Security; Chair, Set America Free Coalition

Jay Pryor, Vice President, Corporate Business Development, Chevron

R. James Woolsey, Venture Partner, VantagePoint Venture Partners; Of Counsel, Goodwin Procter LLP; former Director, Central Intelligence Agency


Brian Sullivan, Anchor, Fox Business Network

Global Conference 2010 home
By Day | Sun | Mon | Tue | Wed
July 2014
Jul 29
Developments in Private Capital Markets
Milken Institute Center for Financial Markets, Washington, DC
August 2014
Aug 5
Forum: Creativity, Inc.
Santa Monica
September 2014
Sep 18
Asia Summit
October 2014
View All Events
Search all Videos
MI Video Highlight
Global Conference 2014
Leaders on Leadership: Howard Marks, Janet Napolitano, Steve Wynn and Michael Milken on long-term thinking in business, government, education – and life.
Download Milken Institute
Events Brochure
About Us
  Download Annual Report
  Our Team



  Global Conference
  Partnering for Cures
  State of the State
  Asia / California / London
  Young Leaders

  Latest News
  News Videos
  Press Releases

    Financial Markets
    Israel Center
    Public Health


  Financial Innovations Labs
  Milken Institute Review
   Amazon Apps
   App Store
  Research Reports
  Search All Publications
Support MI
  Strategic Partners

Follow Us
  iTunes U

Related Sites
  Partnering For Cures
  Celebration of Science
  Chairman's Corner
  Melanoma Research Alliance

©2014 Milken Institute