Energy Finance Discussion Group

Welcome to the Energy Finance Discussion Group (EFDG) Web Page.

Please put 7:30 AM - 9:00 AM, Tuesday November, 13th 2018, on your calendar for the next Energy Finance Discussion Group breakfast.

Michael Zenker, Managing Director of energy market analysis with NextEra Energy Resources will present:

“The Coming Supply Surge (Oil, Natural Gas and NGLs): Where Will It Go? How Will It Affect Your Basin?”

The energy markets are poised for a surge of oil, gas and liquids supply starting in 2019. This is an outcome of a cluster of infrastructure projects poised to start service, spilling another wave of supply onto the market. While generally good for consumers, this supply surge will affect prices and distort regional basis, including in the Rockies. Lower gas and NGLs prices have already triggered new sources of demand. Can demand growth outpace the surge? What new markets must be accessed to find a home for growing U.S. crude oil production? Mike will discuss each of these markets, discussing how recent rounds of supply were absorbed and projecting the impacts of the coming round.

Michael Zenker is a Managing Director of energy market analysis with NextEra Energy Resources. At NextEra, he leads the firm’s fundamental research on power, natural gas, liquefied natural gas, natural gas liquids, oil, oil products, and related markets. Michael has been active in the energy markets for over 25 years. Previously, he was a Managing Director of gas and power research with Barclays, and Managing Director overseeing global gas and global power research with Cambridge Energy Research Associates (CERA). He has prepared/delivered written reports and presentations on the natural gas, power, coal, and oil markets to a wide variety of audiences. Mr. Zenker has testified before the US Congress, the Federal Energy Regulatory Commission, and the California Public Utilities Commission, and has been a frequent contributor to energy industry publications and events. Mr. Zenker has a Bachelor’s degree in Nuclear Engineering, and an MBA, both from the University of California, and is a registered professional engineer in nuclear engineering.

A Supply Demand talk in today's market should be fascinating! I hope you can join us!

EFDG will meet at the Denver Athletic Club (DAC) in the Grand Ballroom.  DAC is located at 1325 Glenarm Place.  As the DAC will require a final head count by the Friday morning preceding our Tuesday event anyone interested in attending will need to register by Thursday afternoon (November 8th).  There will be a very significant increase in the cost of registering after Thursday, so please do sign up before this deadline.

Sincerely Andy Logan

Coordinator:  Energy Finance Discussion Group