Oil and gas economist to present to Fairbanks chamber

Submitted by Carla Browning
Phone: (907) 474-7778
01/17/06

University of Alaska Fairbanks economics Professor Doug Reynolds will speak Tuesday at the Fairbanks Chamber of Commerce general membership luncheon at the Westmark Gold Room. Reynolds will explain why some natural gas pipeline routes are better than others and examine the relationship between oil and natural gas production and increasing industry rents.

Reynolds was the lead economist for the Alaska Legislature in the spring of 2002 and created economic models of various proposed pipeline projects. His book, "Alaska and North Slope Natural Gas: Development Issues, U.S. and Canadian Implications"? is based on that experience and explores how Alaska North Slope natural gas will be developed in the future.

Reynolds has lived and studied oil and gas issues in Khazakstan, Russia, Mexico and Norway. He has published a number of journal articles and editorials on the oil and energy field and has published two books on energy including "Scarcity and Growth Considering Oil and Energy,"? and "Alaska and North Slope Natural Gas."?

Reynolds received his bachelor’s degree in mechanical engineering from Colorado State University and worked as an engineer in the defense industry. He earned his Ph.D. in oil and energy economics in 1994 from the University of New Mexico and spent two years in Khazakstan shortly after the fall of the Soviet Union, where he taught and studied oil and energy economics. Reynolds joined the faculty at the University of Alaska Fairbanks in 1997.