1. Roger K. Conway Director Office of Energy Policy and New Uses
CONFERENCE WRAP-UP
Roger K. Conway
Director
Office of Energy Policy and New Uses

2. A NEW PARADIGM IN ENERGY PRICES
US is Mature Oil and Natural Gas Producer
New Energy Demand From Newly Industrialized Countries
Natural Gas Prices Likely to Remain High
Middle East Stability South East Asia
South America
Africa

3. Framing the Energy Discussion
Ask The Right Question
Use A Systems Approach
Portfolio Balance Model
Externalities Play A Large Rule

4. Use In Agriculture and Rural America Energy
Energy is important for farmers and processors.
The Sector Adjusts in Long Run. The Price System Works.
International Competitiveness For Agriculture
Electricity Markets and Grid Reliability
Homeland Security

5. AGRICULTURE AS A PROVIDER OF ENERGY
May Not Need A One-to-One Displacement For Energy Security
Technical Resource Capacity Enough To Be Part Of Solution
Infrastructure A Major Hurdle
Costs Are Coming Down
Focus On Imports: Not Entire Transportation Fuel Market
Externalities Play A Large Role
Energy, Environmental, Agricultural Policy Must Be Coordinated
Technology Transfer of Renewables

6. AGENDA FOR THE FUTURE
Need Better Data, and Address Data Gaps, Update Estimates For Energy Use in Agriculture
More Complete Information and Assessment of Energy Disruption on AG and Processing Sector
Need Nonmarket Valuation of Renewables
Estimating Net Energy Use in the Agricultural Sector
Opportunities for Hydrogen and Fuel Cell Use in Agriculture
Use Systems Approach for Policy