James Clad, served as the deputy assistant secretary of defense for Asia from 2002 to 2010. He is hosting a Texas natural gas exports panel discussion on Thursday at the University of Texas in Austin. The said event will be the third annual Texas-EU Business Summit event. The panel will be discussing the implications of U.S. oil and gas exports to the European Union.
Europe mostly depends on Russia for the production of home heating and electricity gas. U.S. exports yield lower energy costs and minimal political complexities. According to Clad, the U.S. oil and gas export industry’s growth is expected to occur soon.
120 people are expected to attend the event at the AT & T Executive Education and Conference Center at 8 a.m. to 6:30 p.m. Students need to pay $35 for each ticket, and non-members of the business community need to pay $75 for each ticket when attending this event.