2010 Regional Council of Rural Counties Meeting (RCRC)
PESD Director Frank Wolak will be leading the "Petroleum's Future" talk along with Michael Roman from the Public and Government Affairs, ExxonMobil Corporation. This 3-day event features individuals across academia and the public and private sector.
Talk abstract:
Petroleum's Future
Despite volatile price swings, the political instability in major oil-producing regions and the recent devastating spill in the Gulf of Mexico, petroleum remains the primary source of California's energy needs. Removing our society's dependence on petroleum remains a difficult proposition involving alternatives, pricing and cost, and stability during any attempt to phase-out its use. More importantly, how will the role of petroleum affect rural counties - those living and working in rural areas as well as rural county governments making day-to-day decisions involving the use of petroleum-based products?
Finally, where does petroleum in California fit into a "post-AB 32 world"? This session will discuss all of these issues and more as two renowned experts in the field of energy share their views.
Click here to view Frank's presentation.
Marriott Napa Valley Hotel
Frank Wolak
Stanford University
Economics Department
579 Jane Stanford Way Stanford, CA 94305-6072
Website: https://fawolak.org/
Frank A. Wolak is a Professor in the Department of Economics at Stanford University. His fields of specialization are Industrial Organization and Econometric Theory. His recent work studies methods for introducing competition into infrastructure industries -- telecommunications, electricity, water delivery and postal delivery services -- and on assessing the impacts of these competition policies on consumer and producer welfare. He is the Chairman of the Market Surveillance Committee of the California Independent System Operator for electricity supply industry in California. He is a visiting scholar at University of California Energy Institute and a Research Associate of the National Bureau of Economic Research (NBER).
Professor Wolak received his Ph.D. and M.S. from Harvard University and his B.A. from Rice University.
FSI researchers examine the role of energy sources from regulatory, economic and societal angles. The Program on Energy and Sustainable Development (PESD) investigates how the production and consumption of energy affect human welfare and environmental quality. Professors assess