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Session 7: The Long-term Energy Outlook: Are Higher Prices Here to Stay?
Panelists will review the current changing energy prices and their impact on economic performance.
Presentations
Guy Caruso, Long-term Outlook for US Energy Markets (PDF, 558 K)
Links of Interest
U.S. Energy Information Administration
Cambridge Energy Research Associates
Speakers
Guy Caruso
Administrator
U.S. Energy Information Administration
In February 2002, President Bush nominated Guy F. Caruso to the position of Administrator of the Energy Information Administration (EIA), a statistical agency within the United States Department of Energy (DOE) that provides policy-independent data, forecasts and analyses regarding energy. Mr. Caruso has acquired over 30 years of energy experience, with particular emphasis on topics relating to energy markets, policy and security.
He first joined DOE as a Senior Energy Economist in the Office of International Affairs and soon became the Director of the Office of Market Analysis. Other leadership roles held by Mr. Caruso during his tenure at DOE include: Director, Office of Oil and Natural Gas Policy, Office of Domestic and International Energy Policy and Director, Office of Energy Emergency Policy Evaluation. Prior to joining DOE, Mr. Caruso worked at the Central Intelligence Agency (CIA) as an International Energy Economist in the Office of Economic Research.
Mr. Caruso recently served as the Executive Director of the Strategic Energy Initiative Project, under the Energy and National Security Program of the Center for Strategic and International Studies (CSIS) a position he had held since 1998. CSIS is a private, nonpartisan organization dedicated to providing world leaders with strategic insights on, and policy solutions, to current and emerging global issues.
Moreover, before joining EIA, Mr. Caruso was also the Director of the National Energy Strategy (NES) project for the United States Energy Association (USEA). During this time, Mr. Caruso spearheaded the USEA publication "Toward a National Energy Strategy," which was released in February 2001 and a follow up study entitled, "National Energy Strategy Post 9/11" which was released in July 2002.
Mr. Caruso has worked at the Paris-based International Energy Agency (IEA), first as the Head of the Oil Industry Division where he was responsible for analyzing world oil supply/demand and developments in the oil industry; and later, as Director of the Office of non-members Countries where he directed studies of energy-related developments.
Mr. Caruso holds a B.S. in Business Administration and an M.S. in Economics from the University of Connecticut. He also earned a Masters of Public Administration from Harvard University. Guy Caruso and his wife, Donna, reside in Virginia. They have two daughters, Dawn and Lisa.
Michael Zenker
Senior Director, North American Natural Gas
CERA
Michael Zenker heads Cambridge Energy Research Associates's North America Natural Gas service. Mr. Zenker leads CERA's research on the North American natural gas industry, delivering a fundamentals-based, independent assessment of the future business environment for natural gas, including the driving forces affecting the market, price dynamics, and emerging trends and technologies from the upstream (E&P), midstream, pipeline, marketing/trading, to end-use. He has over 15 years' experience in the energy industry, including extensive experience in the power sector . He assists clients with business strategy, asset valuation, LNG strategy, pipeline and storage capacity investment decisions and procurement strategy. Mr. Zenker contributes to CERA's quarterly North American Natural Gas Watch and the monthly natural gas market Midmonth Report. Previously, Mr. Zenker led a gas and power trading organization for Southern California Edison, where he was responsible for commodity trading, pipeline and storage asset management, contract management, and power plant dispatch. Mr. Zenker holds an MBA and a BS from the University of California.
