Anas Alhajji is not necessarily one of the good guys. He’s a chief economist for NGP, a Private Equity firm.
But he’s not one of the dumb guys, either.
Love how Mr. Alhajji starts out in the clip above noting that the US Secretary of Energy is executing “energy dominance” policies that have resulted in a 40 percent loss of value to the Oil/gas services company that he founded.
Sensible observations about why the wild and wooly glory days of fracking are behind us.
1987, BA in Economics and Law, IUIMBS; 1992, MA in Economics and 1995, PhD in Economics, Univ. of Oklahoma. Professor of Economics: 1995-97, Univ. of Oklahoma; 1997-2001, Colorado School of Mines; 2001-08, Ohio Northern Univ., as George Patton Chair of Business and Economics. 2008, joined NGP as Chief Economist; leads the firm’s macro-analysis of oil, natural gas and related markets, and overall economic environment. Member of the board of several energy-related publications. Academician, author, researcher, speaker, with more than 800 papers, articles and columns. Has addressed various national and international organizations, institutions and conferences.
So when I stumbled across his recent lecture on fossil fuel production in the new Trump era, I was struck by how relevant his analysis was to the current state of the energy transition.
“Drill baby drill” is not a thing that makes sense, and his reasoning makes that point all the more compelling.
Below, Alhajji addresses the effects of steel and aluminum tariffs (only 25 % at the time of his talk – now at 50%) will affect plans for massive expansion of LNG export terminals.
Below, underlining that Oil/Gas CEOs consider Trump’s policies most likely temporary.
