Conference to examine implications of U.S. oil, gas self-sufficiency

November 25, 2013

The Center for Global Business Studies (CGBS), part of the network of research centers at the Penn State Smeal College of Business, will host a one-day conference, “Global Implications of U.S. Self-Sufficiency in Oil and Gas,” from 9:30 a.m. to 2:30 p.m. Friday, Dec. 6, in 124 Business Building on Penn State’s University Park campus.

The event is free and open to the public but an RSVP to Nancy Dull at or 814-865-0544 is required by Dec. 2 due to space limitations.

The conference, organized by CGBS Director Fariborz Ghadar, will address issues such as how energy self-sufficiency will affect the U.S.’ global economic and foreign policy strategies and what this new economic environment will mean for other nations across the globe.

The keynote address will be delivered by Frank A. Verrastro, senior vice president and James R. Schlesinger Chair for Energy and Geopolitics at the Center for Strategic and International Studies. Verrastro has more than 30 years of experience in energy policy and project management, both in government and the private sector. The CSIS is an international policy institution headquartered in Washington, D.C., focused on defense and security, regional stability, and transnational challenges ranging from energy and climate to global development and economic integration.

In addition to the keynote, there will be two panel discussions. The first will address how countries like Russia and Saudi Arabia will respond to an economic environment of U.S. energy independence and what the U.S.’ potentially shifting foreign policy will mean for China’s relations with the Middle East.

The second panel will address environmental issues, such as the potential environmental effects of oil and gas-dependent energy and what might be done to counteract negative outcomes.

Panelists will include moderator Jim Boland, adviser to the governor of Ohio and former vice chairman of Ernst & Young; Kevin Book, managing director of research at ClearView Energy Partners, LLC; Sarah Ladislaw, co-director and senior fellow of the Energy and National Security Program at the CSIS; Andrew G. Place, president and interim executive director for the Center for Sustainable Shale Development; and Michael Ratner, specialist in energy policy at the Congressional Research Service.

The Center for Global Business Studies is led by Fariborz Ghadar, the William A. Schreyer Chair of Global Management, Policies, and Planning in Smeal, and specializes in researching emerging business issues that shape the global environment. For more information on the center’s research activities, visit

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Last Updated November 25, 2013