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Sam TappenAugust 15, 2014

Alaska Center for Energy and Power

12014 Internship

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IntroductionProject BackgroundInternship DutiesLessons LearnedEnergy Focused FridaysAcknowledgements

Outline2

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Lived in AK since 2000BA Economics from UAAMS Resource and Applied Economics from UAFSeeking career in Alaskan oil & gas policy

Introduction3

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Mentor: Antony ScottDiesel Pricing ProjectStudying fuel economics in isolated rural Alaskan communitiesEstimating model to identify causes of fuel price volatility

Project Background4Gulf Coast InteriorNorthernNorthwestSoutheastSouthwest WesternHigh$7.29 $10.00 $2.50 $7.22 $5.85 $8.21 $7.67 Low$3.97 $3.85 $1.40 $4.85 $3.80 $4.00 $5.49 Mean$4.86 $5.76 $1.74 $6.10 $4.69 $5.72 $6.58 July 2013: Heating Fuel #1 Prices per Gallon across Alaska

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DeliverablesInvaluable datasetNew information for future policyUseful tool for diesel-fueled communities

Project Background5

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Data collectionSource: AEA Power Cost EqualizationSample: 150 PCE communities,2000-2013Database managementInvestigation into fuel distribution logistics

Internship Duties6

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Generation fuel markets and distribution logistics in AlaskaState fuel cost assistance programsPrice determinants that can be altered by diesel-dependent communities

Lessons Learned7

7Energy Focused Fridays8

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Thank You!

Acknowledgements9

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