Karen Harbert: President & CEO Of The U.S. Chamber of Commerce’s Global Energy Institute

Karen Harbert in Town to Give Opening Remarks at the “Forge the Future” Conference

The Mike Pintek Show
July 25, 2018 - 3:34 pm
Natural Gas Drilling

The Pennsylvania Chamber of Business and Industry, the Marcellus Shale coalition, the Pittsburgh Chamber and many other labor leaders and energy companies gathered together at a conference this morning to discuss the “Forge the Future” project, which is an initiative with Peoples Gas and Chevron to determine the economic potential in Pennsylvania. 

Karen Harbert the President and CEO of the U.S. Chamber of Commerce’s Global Energy Institute spoke at the conference this morning before joining Ellis Cannon on The Mike Pintek Show. 

Harbert tells The Mike Pintek Show, “The conference and discussion are based on an advanced energy enabled economy.  Everyone knows Pennsylvania is sitting on untold amounts of natural gas, so what does Pennsylvania need to do to really capitalize on this abundant resource to propel Pennsylvania and the region’s economy forward.”

Harbert added, “In the year 2018, the U.S. is the number one producer of oil and gas in the world.”

“We are now in a position to export our natural gas and oil all around the world while satisfying more of our demand here at home.”

Harbert also said that we have such a competitive advantage here in the U.S. because we have affordable energy and a lot of it.  Whereas if you were to compare us to Europe, electricity prices are about four times as high and natural gas is three to four times higher, so industries from around the world are looking to invest in America and this region needs to make sure some of that investment happens here.

Harbert said, “Where we want to sell our products and services to 95% of the world’s population that is outside the United States.”

“So the growth of our economy is very heavily dependent on trade and free trade and some would say fair trade.”

Energy is a huge opportunity for us and selling oil, natural gas and coal all around the world is important.

Visit http://paforgethefuture.com/pdf/PA-Forge-the-Future.pdf for more information on the “Forge the Future” project.

Listen to The Mike Pintek Show weekday’s noon-3PM on News Radio 1020 KDKA.

Also check out Mike’s Podcast page for the full interview with Karen Harbert, the President and CEO of the U.S. Chamber of Commerce’s Global Energy Institute.