Facing the Hard Truths about Energy: A comprehensive view to 2030 of global oil and natural gas

Speaker: Lee R. Raymond

Date: Tuesday, November 6, 2007

Time: Pre-talk reception at 4:00 pm; Talk begins at 4:30 pm; Reception follows in the lobby

Location: Bartos Theatre at MIT (Building E15, Atrium level, 20 Ames Street, Cambridge, Massachusetts)

Sponsor:  MITEI Energy Colloquium sponsored by MIT Energy Initiative

 

Abstract

The American people are very concerned about energy — its availability, reliability, cost, and environmental impact. Energy also has become a subject of urgent policy discussions. But energy is a complex subject, touching every part of daily life and the overall economy, involving a wide variety of technologies, and deeply affecting many aspects of our foreign relations. The United States is the largest participant in the global energy system — the largest consumer, the second largest producer of coal and natural gas, and the largest importer and third largest producer of oil. Developing a framework for considering America’s oil and natural gas position now and for the future requires a broad view and a long-term perspective; both are provided in the new NPC study.

About the speaker

Lee R. Raymond is the retired Chairman of the Board and Chief Executive Officer of Exxon Mobil.  He had been Chairman of the Board and Chief Executive Officer of Exxon from 1993 until its merger with Mobil in 1999 and held the same position with Exxon Mobil until he retired in December 2005.  He began his career with Exxon in 1963 after having graduated from the University of Wisconsin with a bachelor's degree in chemical engineering in 1960 and received a Ph.D. in the same discipline from the University of Minnesota in 1963.  He is a Director of JPMorgan Chase and Vice Chairman of the Board of Trustees of the American Enterprise Institute.  He is Chairman of the National Petroleum Council, a trustee of the Wisconsin Alumni Research Foundation, a trustee of the Mayo Clinic, a member of the President’s Export Council, and a member of the Innovations in Medicine Leadership Council of UT Southwestern Medical Center.