Professor of Practice
Eric Smith is a Professor of Practice at the A.B. Freeman School of Business at Tulane University. He also serves as the Associate Director of the Tulane Energy Institute. He works with various professors on interdisciplinary projects involving energy issues. He also works with Houston and New Orleans engineering and EPC firms and with various regional teams focused on economic development. He teaches both undergraduate and graduate energy courses and assists in administering both the Energy Specialization and Masters of Management in Energy programs.
He is a 1965 Chemical Engineering graduate of the Georgia Institute of Technology and earned an MBA, in 1967, from the A. B. Freeman School of Business at Tulane University. In addition to thirteen years of full time academic/advisory experience, he has thirty six years of operational experience, first, in the downstream refining and petrochemical industry, and, since 1984, in the international deep water offshore drilling and construction sectors.
He has consulted with the Louisiana’s Department of Economic Development as well as with Greater New Orleans, Inc., the regional economic development group. In addition, he is the Energy committee chairman of the World Trade Center of New Orleans. Besides providing consulting and expert witness services, he also has participated in reverse trade missions involving energy options for Pakistan, South Africa, Ghana, and Nigeria, all sponsored by the US Trade Development Agency. Finally, he acts as Tulane’s media spokesman for energy issues.
He is author or co-author of multiple reports dealing with LNG, changes in the offshore construction market, Louisiana’s competitiveness in industrial power generation, petroleum coke as a fuel in the domestic power generation market. And a report that deals with the economic impact of the US shale initiative on the Louisiana economy.
Status of Petrochemical Expansions on the Gulf Coast
I will be discussing the ramp up in Ethane and Propane processing along the Gulf Coast as a result of the major increase in wet gas production from new shale fields. I will also mention the potential impact of the interruption of supplies of heavy sour crude imports from Venezuela on Louisiana refining activity.