David Conover

Supply Chain Expertise and Technology Blog by TMC, a division of C.H. Robinson

About the Author

David Conover — Senior Vice President, Dutko Grayling

David Conover has more than 20 years of experience in public policy, having served in both the federal executive and legislative branches, as well as in the private sector at a major corporation. His executive branch service was as acting assistant secretary and principal deputy assistant secretary for policy and international affairs at the Department of Energy, as well as the director of the U.S. Climate Change Technology Program. In Congress, Conover was staff director & chief counsel of the U.S. Senate experience in the environmental law and management fields. He holds a J.D. cum laude from the Georgetown University Law Center and a B.A. with highest honors from the University of Virginia. He is licensed to practice law in the Commonwealth of Virginia.

Guest Post: An Age of Abundance – Can New Fuel Supplies Drive Prices Down?

fuel pump

 

This week, David is speaking at our annual TMC Client Forum in Chicago.  Given the relevance of this topic to many, David has provided some information from his session for this guest post contribution.

It is probably a good thing that the economic law of supply and demand is not subject to the whims of the legislative, executive or judicial branches.  At the same time, that iron-clad law does tend to limit the ability of policy-makers to provide relief to fuel consumers.

In general, the U.S. energy picture has perhaps never looked better.  Technological advances have brightened significantly the domestic supply outlook for oil, both from shale oil reserves and from deep water offshore resources. Higher oil prices and better technologies have made it economically feasible to develop the liquid hydrocarbons trapped in low-permeability/low-porosity formations.  Meanwhile, improvements in drilling technology and the opening of additional areas in the Gulf of Mexico and other areas of the U.S. Outer Continental Shelf (OCS) are expected to increase offshore oil production in the coming years.  Read More…

- Senior Vice President, Dutko Grayling
Linkedin Profile