Director of the Center for Energy Economics and Public Policy at the University of Wyoming
Con to the question "Can Alternative Energy Effectively Replace Fossil Fuels?"
"Producing natural gas requires exploration, leasing, drilling, and pipeline construction. These activities generate additional business for other sectors of the economy. For example, leasing requires real estate and legal services. Exploration crews purchase supplies, stay at hotels, and dine at local restaurants. Site preparation requires engineering studies, heavy equipment and aggregates. Drilling activity generates considerable business for trucking firms and well-support companies... that in turn buy supplies, such as fuel, pipe, drilling materials, and other goods and services. Likewise, construction of pipelines requires steel, aggregates, and the services of engineering construction firms. Collectively, these business-to-business transactions create successive rounds of spending and re-spending throughout the economy. These higher sales generate greater sales tax revenues. Moreover, as businesses experience greater sales they hire additional workers. Greater employment increases income and generates higher income tax revenues."
"The Pennsylvania Marcellus Natural Gas Industry: Status, Economic Impacts, and Future Potential," University of Wyoming Press, July 20, 2011
Experts Individuals with PhDs, heads of government, members of state or federal legislative bodies, and individuals with graduate degrees and significant post-graduate involvement in alternative energy or fossil fuel issues. [Note: Experts definition varies by site.]
Involvement and Affiliations:
Director, Center for Energy Economics and Public Policy, University of Wyoming, 2008-present
School of Energy Resources (SER) Professor of Economics, Department of Economics and Finance, University of Wyoming, 2008-present
Professor of Natural Resource Economics, Pennsylvania State University, 1986-2008
Economist, Bank of America, 1983-1986
Lead analyst for natural gas deregulation, US Congressional Budget Office (CBO), 1981-1983
"The Pennsylvania Marcellus Natural Gas Industry: Status, Economic Impacts, and Future Potential," Marcellus Shale Coalition, July 20, 2011
"The Economic Value of World Coal Production," chapter in Hard Facts: The Global Value of Coal, Sep. 2010
"The Economic Impacts of the Marcellus Shale: Implications for New York, Pennsylvania, and West Virginia," American Petroleum Institute webpage, July 2010
"The Economic Impacts of the Pennsylvania Marcellus Shale Natural Gas Play: An Update," Marcellus Shale Coalition, May 2010
"Peak Oil in a Carbon Constrained World," International Review of Environmental and Resource Economics, 2008
"Is the Strategic Petroleum Reserve Our Ace in the Hole?" The Energy Journal, 2006
"The Environment as a Factor of Production," Journal of Environmental Economics and Management, 2006
The US Department of Energy's Office of the Strategic Petroleum Reserve currently uses Dr. Considine's econometric model of world crude oil markets to estimate the market impacts of various management policies.
Dr. Considine teaches two courses titled "Oil: Business, Culture, and Power" and "Applied Econometrics" at the University of Wyoming.
Recipient of the Gilbert White Fellowship at Resources for the Future, the Lucent Technology Industrial Ecology Fellowship, and an American Statistical Association Fellowship
Recipient of the Silbert Award for best economic forecast in 1986
Recipient of an Outstanding Service Award from the US Congressional Budget Office