FEDERALhearing transcript

Hearing on Oil and Gas Technology Innovation

Original title: OIL AND GAS TECHNOLOGY INNOVATION

January 1, 2017

energy oil and gas technology innovation fossil fuels research and development

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The Frame

What this does

This hearing serves as a formal record of industry-led technological developments that may influence future federal energy policy and research funding priorities for the oil and gas sector.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Oil and Gas Industry

The industry is the primary subject of the technological innovations and research discussed.

Energy Consumers

Consumers are affected by the potential changes in the cost and safety of energy production.

What changed

Last recorded activity January 1, 2017.

What's next

Next step not available in the current record.

Summary

The House on Energy held a hearing on May 3, 2017, to discuss advancements in oil and gas technology. The session focused on private-sector research aimed at improving the efficiency, safety, and cost-effectiveness of fossil fuel production.

Key Facts

The hearing was held on May 3, 2017, in the Rayburn House Office Building.
The Subcommittee on Energy convened to review private-sector innovations in oil and gas technology.
Fossil fuels currently account for over 80 percent of global energy consumption.
The hearing featured testimony from four witnesses representing research institutes, private technology firms, and academia.
The stated goal of the discussed innovations is to produce fossil fuels more efficiently, safely, and at a lower cost.

Frequently Asked Questions

What was the purpose of this hearing?

To hear from industry experts and researchers about new technologies being developed to improve oil and gas production.

Who testified at the hearing?

Representatives from the Gas Technology Institute, Astro Technology, 8 Rivers Capital, and the University of Houston.

Why It Matters

This hearing serves as a formal record of industry-led technological developments that may influence future federal energy policy and research funding priorities for the oil and gas sector.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Private Sector Innovation

The hearing emphasizes a reliance on private-sector research and development to drive energy technology improvements.

Gas Technology Institute Astro Technology 8 Rivers Capital

Connected Entities

personDave Brower“Founder and President, Astro Technology”Map →

personLamar S. Smith“Chairman of the Committee on Science, Space, and Technology”Map →

personWalker Dimmig“Principal, 8 Rivers Capital, LLC”Map →

personMarc A. Veasey“Ranking Member of the Subcommittee on Energy”Map →

personEddie Bernice Johnson“Ranking Member of the Committee on Science, Space, and Technology”Map →

personRamanan Krishnamoorti“Interim VP/VC for Research, University of Houston”Map →

personEdward Johnston“Senior VP for R&D, Gas Technology Institute”Map →

personRandy K. Weber“Chairman of the Subcommittee on Energy”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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