The Anderson School of Management hosts David R. Albin at its next Business to Business Breakfast Series on Tuesday, April 8 at 7:30 a.m. at the Embassy Suites. Albin will discuss the future of energy and offer observations in his talk, From the 1970s to 2010s - Scarcity to Abundance: Observations from an Energy Investor. A light breakfast will be served.
Albin is a senior partner with Natural Gas Partners, a private equity firm he co-founded that has provided $10 billion of capital and sponsorship to the energy industry since 1988.
State taxes on oil and gas production plus royalties on New Mexico lands developed by the energy industry which have flowed into the state's permanent funds are the source of almost half of the state's revenues. Forty years ago during the first energy 'crisis,' pundits predicted mankind would exhaust the earth's fuel reserves, possibly within a decade or two.
Instead, energy supply and demand grew rapidly and today's predictions for future reserves call for centuries of remaining resources. How did this happen? Will today's view be wrong again? Albin will provide insights to these questions and touch on current topics such as fracking, water use, the Keystone Pipeline, alternative energy, and climate change.
Embassy Suites is located at 1000 Woodward Pl. NE. The public is invited to attend, but RSVPs are requested.
Register here or contact Sara Lucero at (505) 277-6413.