Aspen Energy Economists Attend Rutgers CRRI Conference

Aspen’s Senior Associates Catherine Elder and Richard McCann attended the 26^th Annual Western Conference for the Rutgers Center for Research in Regulated Industries on June 19-21, 2013 in Monterey, California.  Catherine Elder presented her new paper, “Fracking: The Sequel”, discussing why the shale gale’s roar may be starting to decline and how many wells will have to be drilled to keep it going. She also exposed the thin logic behind the estimate of 15.4 billion barrels of oil technically recoverable in the Monterey Shale and the USC study calculating benefits to California from harvesting it. Richard McCann served as a discussant for a session on water that covered rates, growth and the energy-water nexus.  The conference was attended by a range of key experts from across California’s energy economics spectrum including analysts from the utilities, academia, regulatory staff and consultants. To learn more about the Center for Research in Regulated Industries, click here.