New article by ASP Board Member Lt. Gen John Castellaw: Position W. Tenn. for next energy wave
ASP Board Member Lt. Gen. JohnCastellaw, USMC (Ret.), recently published a guest column in The Memphis Commercial Appeal discussing West Tennessee’s positioning to ride the next energy wave:
West Tennessee faces many challenges — a high unemployment rate, an under-skilled labor force, an uncertain fuel supply and rising energy prices. These factors keep us from moving ahead with economic development to make our state a better place to live and work. However, we have a unique opportunity to take charge of our future and make our children’s prospects better than ours by positioning ourselves to take advantage of the next energy wave.
In spite of claims to the contrary, increased domestic drilling and building pipelines to carry Canadian crude south will not result in energy independence or low fuel prices in either the short or long term. With the recent reversal of the pipeline flow from the Oklahoma storage facilities to the refineries of the Gulf Coast, North American crude will be even more closely tied to world oil prices and available for shipment overseas.
Lt. Gen. Castellaw also referenced ASP’s recent briefing, Biofuels for National Security:
At a recent conference, the Department of Defense representative, U.S. Navy Cmdr. James Goudreau, estimated based on growing commercial production facilities and Defense Department usage that competitively priced biofuel would be available in the 2018 timeframe. That is just around the corner and our state needs to be ready.
To read the full article, click here.
For more information about ASP’s recent biofuels briefing, click here.
Please also see our newest White Paper: America’s Energy Choices: 2012 Edition.
