As a member of the Colorado Oil and Gas Association ( COGA), as well as a COGA Connect committee member, I wanted to re-blog Terri Dickerson’s post from last week. Terri is a fellow COGA Connect member, below is her summary of the most recent COGA Connect luncheon on February 10, 2015. These luncheons are scheduled quarterly and I always look forward to attending, as they are a wonderful opportunity to converse with both familiar and unfamiliar faces of the Colorado energy industry.
“There was a lively discussion between our speakers; Carlos Bello, Consul General of Mexico and Marcy Grossman, Counsel General of Canada. They spoke about North America’s energy independence along with the trading relationship with the United States. We learned that Mexico has approved 11 structural reforms including the Energy Reform. They hope to modernize and fortify PEMEX as a productive corporation and offer lower energy prices to consumers. The US makes up about 75% of Mexico’s trade exchange. The US is Canada’s largest trading partner with trading of $1.9 billion per day. The relationship between Canada and Colorado makes up about $6 billion per year. We learned that CSU is working with the Province of Alberta to reclaim wetlands impacted by the oil sands development in Alberta. Overall Mr. Bello and Ms. Grossman were positive on North America gaining energy independence in the future. Ms. Bello encouraged us all to work together since we are neighbors and really can’t do much about that.”
“The COGA connect luncheon is designed to allow participants to meet fellow colleagues in the energy industry that we might not otherwise get a chance to meet. To help accomplish this goal, the committee assigns seating which allows for a diversified group to meet up at each table and they provide table topics relevant to our industry for discussion. I was able to connect with several people including a Project Executive from a contractor company, a Policy Advisor with a major producer and a Regional VP from a water company. While we were waiting for lunch, the table moderator facilitates the discussion. At our table we had our own lively discussion about how politics can play a role in either helping or hindering North America’s ability to become energy independent. It was nice that we had such a diverse group at the table so we were all able to provide many different examples about how we see politics playing a role in the energy industry. We also had time to discuss the possible impacts either good or bad that the Keystone XL pipeline will provide to the economy along with how politics will impact the project.”