Update: I was on the call, asked the first question (about the disconnect in the EIA projections for ethanol usage of less than 10% in 2030 versus the mandate of 36 billion gallons by 2022) and then I had a phone problem. I e-mailed in the rest of my questions, which did get answered. They were on the drilling question:
1. How big is a lease? Is it a standard size?
2. Are there OCS areas that aren’t off-limits that are still eligible for sale?
3. Are there other highly promising areas around the world that are off limits?
4. What exactly has to take place to open up the areas that are off-limits?
Answers were 1). No standard size; 2). Yes; 3). Yes, but the answer wasn’t what I had in mind (mentioned Saudi, Venezuela, etc.); 4). Congressional action required.
I will post a link to the call when it is available.
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In about half an hour, I will participate in a blogger’s conference call to discuss the results of the second survey, done by Harris Interactive on behalf of the API, on America’s energy IQ. I reported on the results of last year’s survey here:
The API has released a podcast discussing the results. I will withhold comment until some time after the conference call. The podcast is (theoretically) embedded below, but here is the link just in case.