Sustaining the American Energy Renaissance

Capitol Hill Briefing
June 23, 2015 1:00 PM to 2:00 PM EDT

2168 Rayburn House Office Building

Featuring Ned Mamula, Petroleum Geologist, formerly with the U.S. Geological Survey, Minerals Management Service, and the Central Intelligence Agency; moderated by Peter Russo, Director of Congressional Affairs, Cato Institute.

Recent advances in energy production technology have driven a remarkable achievement: since 2008, American oil production has more than doubled and natural gas production is up about 24 percent. Directional drilling, horizontal drilling, hydraulic fracturing, and radical new advances in offshore platform technology and global positioning software have revolutionized both onshore and offshore oil and gas production. These advances have required considerable capital investment that would have been less likely in a nation constrained by a cap-and-trade or carbon-tax system. Please join us for an informed look at recent successes in energy production, their implications for public policy, and strategies to maintain America's global leadership.