Today we had the pleasure of hosting Robert Catell, Chairman of the Advanced Energy Research and Technology Center ("AERTC") at Stony Brook University (go Seawolves!). Bob was previously the Chairman and CEO of KeySpan Corporation, the former Brooklyn Union Gas.

The AERTC's mission is to innovate energy research, education and technology deployment with a focus on efficiency, conservation, renewable energy and nanotechnology applications for new and novel sources of energy. Our discussion begins with some background on Bob's distinguished energy and power career and continues to discuss Stony Brook and their goal to develop the new technologies necessary for the energy field going forward. We are really excited about the work Stony Brook and the AERTC are doing. Thank you Bob for letting us be students today!

Our TPH crew, Mike Bradley and Colin Fenton launched the discussion with a brief energy and commodity market update. Colin explained how data from the NYM crude oil options market reveal derivatives traders were not surprised by the new Administration's policy decisions on Keystone XL, Dakota Access, or new leases on Federal lands and are, as of this week, more concerned about passing through the midpoint of a mild winter.

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