Research Events

Oil and the Economy: Adapting to a New Reality

November 18, 2016

Federal Reserve Bank of Dallas, Houston Branch

The Federal Reserve Banks of Dallas and Kansas City held their first joint energy conference, which focused on the key drivers of recent oil price movements and their implications for the energy industry, the financial sector and the broader economy. Top leaders from academia, business and government presented and discussed their views on these topics.

Speakers and Agenda
Photos

Featured speakers:

Robert S. Kaplan, Federal Reserve Bank of Dallas
Esther L. George, Federal Reserve Bank of Kansas City
Adam Sieminski, U.S. Energy Information Administration
Robert McNally, The Rapidan Group
Amy Myers Jaffe, University of California, Davis
Jim Hamilton, University of California, San Diego
Fiona Greig, JPMorgan Chase Institute
Jim Diffley, IHS Inc.
Daniel Beltran, Board of Governors of the Federal Reserve System
Gary Petersen, EnCap Investments LP
Mickey Coats, Bank of Oklahoma Financial Corp.
David Hager, Devon Energy Corp.
Hans Helmerich, Helmerich & Payne Inc.
Martin Craighead, Baker Hughes Inc.
Greg Armstrong, Plains All American Pipeline LP

Agenda

Friday, Nov. 18
8:25 a.m.	Welcome Remarks
	Robert S. Kaplan, Federal Reserve Bank of Dallas
8:30 a.m.	Opening Address
	Esther L. George, Federal Reserve Bank of Kansas City
9:15 a.m.	Session I: Outlook for Global Oil Markets
	Chair: Martin Stuermer, Federal Reserve Bank of Dallas
	Adam Sieminski, U.S. Energy Information Administration Presentation
	Robert McNally, The Rapidan Group Presentation
	Amy Myers Jaffe, University of California, Davis Presentation
10:30 a.m.	Break
10:45 a.m.	Session II: Oil and the Economy
	Chair: Nida C. Melek, Federal Reserve Bank of Kansas City
	James D. Hamilton, University of California, San Diego Presentation
	Fiona Greig, JPMorgan Chase Institute Presentation
	Jim Diffley, IHS Presentation
Noon	Luncheon
	Luncheon Address Q&A discussion with Robert S. Kaplan Moderator: James Hackett, Riverstone Holdings LLC
1:30 p.m.	Session III: Oil and the Financial Sector
	Chair: Michael Plante, Federal Reserve Bank of Dallas
	Daniel Beltran, Board of Governors of the Federal Reserve System Presentation
	Gary R. Petersen, EnCap Investments LP Presentation
	Michael M. Coats, Bank of Oklahoma Financial Corp. Presentation
2:45 p.m.	Break
3:00 p.m.	Panel Discussion with Executives
	Moderator: Chad Wilkerson, Federal Reserve Bank of Kansas City Oklahoma City Branch
	David A. Hager, Devon Energy Corp.
	Hans Helmerich, Helmerich & Payne Inc.
	Martin S. Craighead, Baker Hughes Inc.
	Greg Armstrong, Plains All American Pipeline LP
4:00 p.m.	Closing Remarks
	Mine K. Yücel, Federal Reserve Bank of Dallas
	Troy Davig, Federal Reserve Bank of Kansas City
4:05 p.m.	Adjourn

Conference Photos

Dallas Fed economist Martin Stuermer and conference guests discuss oil prices and economic conditions.

Featured speakers, including Gary R. Petersen of EnCap Investments LP, presented to guests on Nov. 18.

Kansas City Fed economist Nida Melek speaks with Robert McNally, founder and President of The Rapidan Group.

Event attendees, speakers and Federal Reserve System economists mingle during a short coffee break.

Kansas City Fed economist Chad Wilkerson closed the event with an industry executive panel discussion.