#19 Dr. Dean Foreman, Chief Economist at American Petroleum Institute “The Petro Dollar Meets Covid”


As the Chief Economist for the American Petroleum Institute, R. Dean Foreman, Ph.D., is one of the most knowledgeable economists in the world. He joins Jonathan and Michael to discuss the global oil supply chain, the petro dollar, and innovation in the oil and gas industry.


Dean Foreman

Dr. Dean Foreman was named Chief Economist for the American Petroleum Institute in December of 2017. He earned his Ph.D. in economics from the University of Florida and brings more than 20 years of industry experience in corporate strategic planning, forecasting, risk management, and finance.

Before joining API, Dr. Foreman was the lead economist for ExxonMobil Corporate Planning between 2002 and 2008. From 2009 to 2013, he was a member of the executive team at Canadian-based exploration and production company Talisman Energy, where he focused on corporate planning, hedging/marketing, and business development.

In 2013 to 2015, he directed the risk management function in North America for South African energy and petrochemical conglomerate Sasol, where he helped drive business cases for $25 billion in U.S. mega projects, including the $11 billion ethane cracker and derivatives complex in Lake Charles, Louisiana.

Most recently, he was with Saudi Aramco Strategy & Market Analysis in Dhahran, where he managed short-term market monitoring and the long-term oil demand outlook. Dr. Foreman has continued to publish in peer-reviewed journals and has presented at the World Energy Congress, International Economic Forum of the Americas, and World Economic Forum.

Read Dean’s articles: API Energy Tomorrow Blog

Follow Dean on Twitter: @rdeanforeman1


API represents all segments of America’s oil and natural gas industry. Its more than 600 members produce, process, and distribute most of the nation’s energy. The industry supports 10.9 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. API was formed in 1919 as a standards-setting organization. In its first 100 years, API has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.

Although their focus is primarily domestic, in recent years their work has expanded to include a growing international dimension, and today API is recognized around the world for its broad range of programs:

API’s mission is to promote safety across the industry globally and to influence public policy in support of a strong, viable U.S. oil and natural gas industry.

Visit their website: https://api.org

Follow them on Twitter: @APIenergy

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