Arthur Andersen


Speech given at Session 3: Challenge Facing Resource Development. Mr. Andersen presented is a set of projections rooted in what we understand to be the current regimes of policy in the United States and elsewhere. Three key propositions inform considerations regarding long-term energy market developments: the prospect for energy demand growth is substantial and will be based on fossil fuels; growth will be centered in developing countries, particularly Asia, where living standards are rising; thanks to technological know-how, resource availability will not constrain energy supply development.