Transcript Serving the Great Plains Progressive 15 March 27, 2008 Serving the Great Plains.

Serving the Great Plains
Progressive 15
March 27, 2008
Serving the
Great Plains
Serving the Great Plains
Movement of Goods
Great Plains
Domestic
Trade
Serving the Great Plains
Colorado
Domestic
Trade -$millions
TOTALS
Montana
Nebraska
New Mexico
North Dakota
Oklahoma
South Dakota
Texas
Wyoming
Total ($m)
Rail Truck
122
462 5%
298
1,989 18%
9
1,060 9%
0
39 0%
0
915 7%
0
324 3%
505
4,917 44%
90
1,708 14%
$1,024 $11,414
$12,438
International
Trade to the
South
Serving the Great Plains
Colorado and Mexico
$820 million Exported to Mexico by Truck in
2007
Increased by 37.3% or $223 million since 2004
70.7% of this Trade passes through Laredo
Eagle Pass or Del Rio
$661 million Imported from Mexico by Truck
in 2007
Decreased by 34.4% since 2004
Serving the Great Plains
Great Plains Trade with Mexico
Cumulative
$43.2 billion Total Truck Export Trade in 2007
Increase 17.6% or $6.5 billion since 2004
$38.2 billion Total Truck Import Trade in 2007
Increase 16.2% or $5.3 billion since 2004
International
Trade to the
North
Serving the Great Plains
Colorado and Canada
$1.38 billion Exported to Canada by Truck in
2007
Increased by 2.8% or $38 million since 2004
16.4% of this Trade passes through Border
Crossings in Montana/North Dakota
$1.34 billion Imported from Canada by Truck
in 2007
Increased by 66.4% since 2004
Serving the Great Plains
Colorado and Canada
2007
Exports to Alberta -- $194 million
Up $50 million or 35% since 2005
Exports to Saskatchewan -- $96 million
Up $39.9 million or 72% since 2005
Serving the Great Plains
Great Plains Trade with CanadaCumulative
$15.8 billion Total Truck Export Trade in 2007
Increase of 36.6% or $4.2 billion since 2004
$13.0 billion Total Truck Import Trade in 2007
Increase or 48.2% or $4.2 billion since 2004
Serving the
Great Plains
New Energy
Opportunities
New Traditional
Opportunities …
Oil, Gas, Coal
New Renewable
Opportunities
Serving the Great Plains
Serving the Great Plains
Serving the Great Plains
Serving the Great Plains
The U.S. Is Poised to Hit a New Oil Gusher
“A new black gold rush is under way, this time in North
Dakota. The potential payoff is huge -- up to 100 billion
barrels of oil. That’s twice the size of Alaska’s reserves
and potentially enough to meet all U.S. oil needs for two
decades.
Until now, the obstacles to production seemed
overwhelming. The crude oil is locked away in rocks that
are buried miles underground in the Bakken Play, a field
that stretches into Montana and Saskatchewan,
Canada…”
The Kiplinger Letter, March 17, 2008
Alberta’s Oilsands
Alberta’s oilsands
contain more than
1.6 trillion barrels
of bitumen
Estimated wind capacity by state,
Scenario of wind supplying 20% of U.S. electricity
Reliable
• Utility scale, mainstream part of portfolio
• Requires no storage
• Supports grid reliability
hhhhhhhhhhhhhhhhhhhhhhh
The Corridors
Ports to Plains
Wind
• EPAct 2005 Section 1221 and 368
• Criteria include fuel diversity and energy security
• Congestion study required but not necessary for
designation
• FERC has backstop siting authority on corridors
designated by DOE
Serving the Great Plains
OUR ASSETS
Three Congressionally-designated, north-south High
Priority Corridors, comprising 2333 miles of highway,
14% of total U.S. GDP ($1.7 trillion), and 38.5 million
citizens.
A major U.S. trading region generating $166.7 billion in
trade with Canada and Mexico, nearly 20% of total U.S.NAFTA trade.
A powerful and effective U.S. Congressional Caucus;
together, we have secured over $270 million to develop,
build and improve the Corridor in all 9 Coalition states.
Serving the Great Plains
OUR ASSETS
6 major cross-border ports to Canada & Mexico,
including NAFTA’s #2 and #15 busiest crossings (LaredoNuevo Laredo & Sweetgrass-Coutts).
7 of the top 10 U.S. states for installed and potential
wind energy, generating over 5185MW, nearly 45% of the
U.S. total.
North America’s agricultural heartland, producing $44.3
billion of agricultural goods, or 22.1% of the U.S. total; 6 of
the top 10 farm states.
Nearly 25% of U.S. ethanol refining capacity, with 33
existing refineries and more underway.
Serving the
Great Plains