{"id":41341,"date":"2011-03-25T09:11:30","date_gmt":"2011-03-25T13:11:30","guid":{"rendered":"http:\/\/home.bates.edu\/?p=41341"},"modified":"2018-06-04T09:22:00","modified_gmt":"2018-06-04T13:22:00","slug":"chevron-lisa-barry-77","status":"publish","type":"post","link":"https:\/\/www.bates.edu\/news\/2011\/03\/25\/chevron-lisa-barry-77\/","title":{"rendered":"Chevron&#039;s Lisa Barry &#039;77 brings global energy insights to College Key residency"},"content":{"rendered":"<p>A touch of irony was in the air as Chevron&#8217;s Lisa Barry &#8217;77 got ready to field questions about global energy policy and practices from an audience of mostly geology majors and professors gathered in a Carnegie Science Hall classroom on Wednesday.<\/p>\n<p>As a Bates government major, Barry took just a single geo course, in order to fulfill her science requirement.<\/p>\n<p><a href='https:\/\/www.bates.edu\/news\/files\/2011\/03\/110323_lisa_barry_5871-web.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"590\" height=\"393\" src=\"https:\/\/www.bates.edu\/news\/files\/2011\/03\/110323_lisa_barry_5871-web.jpg\" class=\"attachment-large alignright\" alt=\"110323_lisa_barry_5871-web\" \/><\/a><\/p>\n<p>But after seven years as head of Chevron&#8217;s government affairs operation in Washington, D.C., Barry knows that the field of geology is where it&#8217;s at. &#8220;Continue your focus on geology,&#8221; she said. &#8220;The field provides a fundamental skill set to join the energy debate.&#8221;<\/p>\n<p>Barry, on campus March 23 and 24 as the 2011 <a href=\"https:\/\/www.bates.edu\/x142758.xml\">College Key Distinguished Alumna in Residence<\/a>, is vice president and general manager of Chevron government affairs. With a global reach, the position keeps Barry involved in everything from the oil industry&#8217;s response to the Gulf of Mexico disaster last summer to Chevron&#8217;s <a href=\"http:\/\/www.chevron.com\/chevron\/pressreleases\/article\/12152010_chevronandothershareholderssanctioncaspianpipelineexpansion.news\">expansion of its crude oil pipeline in Russia<\/a>.<\/p>\n<p>During her residency, Barry also addressed economics and sociology classes; met individually with students interested in energy-related careers and with President Elaine Tuttle Hansen; and delivered a keynote address in Muskie Archives. The reception and discussion in Carnegie was sponsored by the geology department and the College Key.<\/p>\n<p>Deft and upbeat, befitting Barry&#8217;s reputation as one of Washington&#8217;s top energy and global-trade lobbyists, she peppered her public remarks with compelling energy facts (&#8220;while I&#8217;m speaking for 20 minutes, the world will consume a million barrels of crude oil&#8221;), while staying relentlessly on message about Chevron&#8217;s role in meeting global energy needs. She noted that a &#8220;conversation about emerging markets and sustainability cannot take place without talking about energy.&#8221;<\/p>\n<p>With the Bates geologists and budding geologists, she discussed issues facing Chevron, the nation&#8217;s second-largest energy company, behind ExxonMobil.<\/p>\n<p>Professor Dyk Eusden &#8217;80, just back from a regional<a href=\"http:\/\/www.geosociety.org\/sections\/ne\/2011mtg\/\"> Geological Society of America meeting,<\/a> commented how that event was dominated by presentations about <a href=\"http:\/\/en.wikipedia.org\/wiki\/Marcellus_Formation\">Marcellus Shale<\/a>, a potential massive source of natural gas located along the Appalachian basin.<\/p>\n<p class=\"pull_quote\">&#8220;What are the pros and cons of extraction?&#8221; Eusden asked.<\/p>\n<p>Chevron recently<a href=\"http:\/\/online.wsj.com\/article\/BT-CO-20110321-708221.html\"> announced plans to increase unconventional shale gas drilling<\/a> in the U.S. and elsewhere, including a prominent position in Marcellus Shale. (In energy-speak, &#8220;unconventional&#8221; means energy sources not previously considered practical to extract.)<\/p>\n<p>&#8220;What are the pros and cons of extraction?&#8221; Eusden asked.<\/p>\n<p>The positives, Barry replied, include jobs, of course, and lowering U.S. dependence on imported energy. &#8220;From an energy-security perspective, it is especially meaningful,&#8221; she said. &#8220;And it would allow some electricity generation to move from coal to natural gas.&#8221;<\/p>\n<p><a href='https:\/\/www.bates.edu\/news\/files\/2011\/03\/web_110323_lisa_barry_5852.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"590\" height=\"393\" src=\"https:\/\/www.bates.edu\/news\/files\/2011\/03\/web_110323_lisa_barry_5852.jpg\" class=\"attachment-large alignright\" alt=\"web_110323_lisa_barry_5852\" \/><\/a><\/p>\n<p>Natural gas extraction from shale is done by <a href=\"http:\/\/en.wikipedia.org\/wiki\/Hydraulic_fracturing\">hydraulic fracturing<\/a>: high-pressure liquid, mostly water, is shot deep into a well, where it  breaks up the shale and releases trapped natural gas. The process uses millions of gallons of water, creating a veritable flood of water-use issues.<\/p>\n<p>&#8220;Where does all the water go?&#8221; Barry asked rhetorically. &#8220;Hydraulic fracturing raises policy issues related to the supply chain of water.&#8221; Chevron&#8217;s position, says Barry, is that &#8220;we will not conduct  [extraction] work without an understanding that the water is treated  properly.&#8221;<\/p>\n<p>The current policy framework around hydraulic fracturing, Barry said, was developed when shale was being developed at a &#8220;smaller scale and by smaller energy players. While Chevron believes that we can develop the resources and protect water supplies, a review of some of these issues is appropriate given the scale at which the resource will be developed.&#8221;<\/p>\n<p><a href='https:\/\/www.bates.edu\/news\/files\/2011\/03\/110323_lisa_barry_5906-web.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"266\" src=\"https:\/\/www.bates.edu\/news\/files\/2011\/03\/110323_lisa_barry_5906-web-400x266.jpg\" class=\"attachment-medium alignright\" alt=\"110323_lisa_barry_5906-web\" \/><\/a><\/p>\n<p>Barry began her Washington, D.C., career after earning a master&#8217;s at Georgetown. She served as a foreign-policy staffer for the late Silvio Conte, the long-serving Massachusetts congressman, and then moved to the Office of the U.S. Trade Representative.<\/p>\n<p>Entering the private sector later in the 1980s, she rapidly developed a strong reputation as a trade-savvy lobbyist. In her nine years as Boeing&#8217;s vice president of international trade policy, for example, she was a player in China&#8217;s gaining permanent normal trade relations with the U.S.<\/p>\n<p>With Chevron, she helped to orchestrate the acquisition of the oil exploration company Unocal and, more recently, worked with federal regulators to <a href=\"http:\/\/www.boemre.gov\/ooc\/press\/2011\/press0214.htm\">develop new regulations<\/a> that would restore public confidence in the safety of deepwater drilling operations after last year\u2019s BP well blowout. (On March 24, <a href=\"http:\/\/www.reuters.com\/article\/2011\/03\/24\/usa-drilling-permit-idUSN2414851420110324\">Chevron won approval <\/a>for the first completely new deepwater oil drilling venture since drilling was suspended last June.)<\/p>\n<p>&#8220;I&#8217;ve had the privilege of participating in some of the most interesting economic issues of our time,&#8221; said Barry, whose D.C. office teams with the Bates Career Development Center to sponsor a Bates intern each summer.<\/p>\n<p>Against the backdrop of the Sendai earthquake and Fukushima nuclear accident, Theodore Sutherland &#8217;11, an economics and French major whose late grandfather was the famed Pan-African activist Bill Sutherland &#8217;40, asked how Chevron manages global risk.<\/p>\n<p><a href='https:\/\/www.bates.edu\/news\/files\/2011\/03\/110323_lisa_barry_3042-web.jpg'><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"266\" src=\"https:\/\/www.bates.edu\/news\/files\/2011\/03\/110323_lisa_barry_3042-web-400x266.jpg\" class=\"attachment-medium alignright\" alt=\"110323_lisa_barry_3042-web\" \/><\/a><\/p>\n<p>The question prompted Barry to invoke the so-called <a href=\"http:\/\/en.wikipedia.org\/wiki\/Black_swan_theory\">Black Swan Theory<\/a>: how the occurrence and magnitude of major disasters are nearly impossible to predict or even comprehend. While companies like Chevron do &#8220;a tremendous amount of planning for natural disasters,&#8221; Barry said, something like the Sendai quake &#8220;requires everyone to take a second look at whether they have sufficient systems in place.&#8221;<\/p>\n<p>Specifically talking about the Japan disaster, Barry says that one short-term effect has been to ease pressure on world crude prices because the crippled country isn&#8217;t consuming oil (even so, crude prices have recently moved <a href=\"http:\/\/www.oil-price.net\/\">above $106 per barrel<\/a>, prompting<a href=\"http:\/\/home.bates.edu\/views\/2011\/01\/24\/dan-rice-73-bloomberg\/\"> concerns about its effect<\/a> on the global economic recovery).<\/p>\n<p>In the long term, if countries respond by pulling back on their atomic energy programs, that would remove an important component of global energy supply, she said (around 6 percent of the world&#8217;s energy is provided by atomic energy, according to various sources).<\/p>\n<p>&#8220;That would put even more pressure on the price of oil,&#8221; Barry said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lisa Barry &#8217;77, on campus March 23 and 24 as the 2011 College Key Distinguished Alumna in Residence, is vice president and general manager of Chevron government affairs.<\/p>\n","protected":false},"author":104,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_hide_ai_chatbot":false,"_ai_chatbot_style":"","associated_faculty":[],"_Page_Specific_Css":"","_bates_restrict_mod":false,"_table_of_contents_display":false,"_table_of_contents_location":"","_table_of_contents_disableSticky":false,"_is_featured":false,"footnotes":"","_bates_seo_meta_description":"","_bates_seo_block_robots":false,"_bates_seo_sharing_image_id":0,"_bates_seo_sharing_image_twitter_id":0,"_bates_seo_share_title":"","_bates_seo_canonical_overwrite":"","_bates_seo_twitter_template":""},"categories":[7,232,217],"tags":[1891,11047,10841],"class_list":["post-41341","post","type-post","status-publish","format-standard","hentry","category-alumni","category-environment-sustainability","category-science-technology","tag-business","tag-finance","tag-geology"],"_links":{"self":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts\/41341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/users\/104"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/comments?post=41341"}],"version-history":[{"count":5,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts\/41341\/revisions"}],"predecessor-version":[{"id":86835,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/posts\/41341\/revisions\/86835"}],"wp:attachment":[{"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/media?parent=41341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/categories?post=41341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bates.edu\/news\/wp-json\/wp\/v2\/tags?post=41341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}