Rescheduled: #2066 Geopolitics of Oil

Tuesday ,October 1, 2024, 10:10am - 12:00pm (note new date)

Rescheduled: #2066 Geopolitics of Oil

Instructor: Dr. Jim Poole

If you want to understand the geopolitics of oil you must first understand the

oil (and gas) industry, because crude can be very different from country to country, region to region and

even formation to formation. If crude is different how does this affect the refining infrastructure? What

is shale oil? How does transportation affect oil? Did you know that the world consumes 97,000,000

barrels of oil per day (a barrel is 42 gallons)? How much oil does China have to import? Do you think

this affects how they conduct their foreign policy? How about the US? How about Russia? What about

Europe? What is LNG? Why do countries concern themselves with the Middle East? Did you know

there are 3,500 oil tankers operating on any given day? Where are the world’s choke points? These are

just some of the questions that should be answered in this discussion.

Jim Poole: PhD in Applied Statistics from the University of Northern Colorado, MS in Economics, and an MS in Geology.  Dr. Poole spent five years working as a geologist and thirty-five years in various roles working for major banks.  Jim retired in 2015 and spends a lot of time traveling, reading, and studying geopolitics and photography, his real true passions.

$25 PILLAR Members / $40 Nonmembers