CERAWeek: John Hess, CEO of Hess Corp. talks tech

Among the topics Hess hit are the need to cut demand by improvements in transportation technology — i.e. development of hybrid vehicles that can hit 80 miles per gallon.
He also touched on a topic that will come up again this week: the energy industry manpower shortage. From about 700,000 workers in the 1980s, today it’s closer to 400,000.
Enrollment in university engineering programs have increased but they are well below the levels of two decades ago. “… we are replacing our 30- and 40-year veterans with recent graduates.”
Hey, suddenly we’re back closer to being on schedule … seemed to have made up 15 minutes.

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