Natural GasTuesday, May 1, 2012
4:00 PM - 5:15 PM
Ralph Eads, Chairman, Energy Investment Banking, Jefferies & Co. Inc.
Rick Grafton, CEO and Chief Investment Officer, Grafton Asset Management
Shaia Hosseinzadeh, Principal, WL Ross & Co. LLC
Alex Szewczyk, Analyst, BP Capital
In less than a decade, the world's energy equation has changed. Rather than running out of fuel, the United States and other countries have found vast deposits of natural gas in shale. New technologies have enabled companies to exploit these reserves cheaply and quickly, offering the promise of transforming energy portfolios. But this extraction technology carries risks; environmentalists remain skeptical of fracking techniques and its potential effects on drinking water. Meantime, natural gas prices have crashed to 10-year lows, causing many producers to cut back. How will the market evolve from the current oversupply? This panel aims to uncover the future of natural gas and its potential impact on the economy and the environment.