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PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Energy Demand to Rise 50% By 2050

June 1, 2024 by PBOG

On April 23, Energy Workforce and Technology Council President Tim Tarpley and EWTC Board Member Ron Gusek, president, Liberty Energy, testified in Plano, Texas, before the U.S. House of Representatives House Oversight Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs during the field hearing titled “Drilling Down: Oversight of the Challenges and Opportunities Facing the U.S. Energy Production.”

The hearing examined the challenges faced by American energy producers, including regulatory uncertainty caused by Administration policies, and highlighted career training opportunities aimed at growing the energy workforce.

“The U.S. Energy Information Administration [EIA] predicts that the worldwide demand for all forms of energy will increase by 50 percent by 2050. AI and data centers are fueling a huge increase in power demand forecasts. There is simply no way to meet this growing need without a tremendous buildout in natural gas power generation,” said Energy Workforce President Tim Tarpley. “Unfortunately, instead of taking steps to support the production of more energy at home, the Biden administration has used every delay tactic and legal maneuver possible to deny Americans access to these resources.”

“It is popular today to suggest that somehow in the next 10 or 30 years we are going to ‘transition’ fully away from fossil fuels. This cannot and will not happen. A willful ignorance of this reality is driving politically motivated attacks on our industry that will impoverish American consumers and consumers around the world,” said Ron Gusek, president, Liberty Energy.

A full recap of the hearing can be found here: https://www.youtube.com/watch?v=mSVTHVEubbM

Download Tarpley and Gusek’s full written testimony.

 

About Energy Workforce and Technology Council

Energy Workforce and Technology Council is the national trade association for the global energy technology and services sector, representing more than 650,000 U.S. jobs in the technology-driven energy value chain. Energy Workforce works to advance member policy priorities and empower the energy workforce of the future.

 

Related: Jobs in Energy Begin Slow Trajectory Upwards

Filed Under: Drilling Deeper

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