2. Sam Tappen August 15, 2014 Alaska Center for Energy and Power 1 2014 Internship

3. ► Introduction ► Project Background ► Internship Duties ► Lessons Learned ► Energy Focused Fridays ► Acknowledgements Outline 2

4. ► Lived in AK since 2000 ► BA Economics from UAA ► MS Resource and Applied Economics from UAF ► Seeking career in Alaskan oil & gas policy Introduction 3

5. ► Mentor: Antony Scott ► Diesel Pricing Project ► Studying fuel economics in isolated rural Alaskan communities ► Estimating model to identify causes of fuel price volatility Project Background 4 Gulf CoastInteriorNorthernNorthwestSoutheastSouthwestWestern High $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

6. ► Deliverables ► Invaluable dataset ► New information for future policy ► Useful tool for diesel-fueled communities Project Background 5

7. ► Data collection ► Source: AEA Power Cost Equalization ► Sample: ≈ 150 PCE communities, 2000-2013 ► Database management ► Investigation into fuel distribution logistics Internship Duties 6

8. ► Generation fuel markets and distribution logistics in Alaska ► State fuel cost assistance programs ► Price determinants that can be altered by diesel-dependent communities Lessons Learned 7

9. Energy Focused Fridays 8

10. Thank You! Acknowledgements 9