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Porter Bennett
CEO
Ponderosa Advisors LLC

Porter Bennett is CEO and Founder, Ponderosa Advisors and Ponderosa Energy, based in Denver, Colorado. Prior to Ponderosa, Mr. Bennett was the CEO of BENTEK Energy, which he founded in 1985 and sold to Platts/McGraw-Hill in 2011. Mr. Bennett is a Vice President of Western Energy Alliance and Chairman of its Natural Gas Committee, an Observer with the Potential Gas Committee, participated on the Coordinating Subcommittee of the recent National Petroleum Council natural gas study and is a member of the International Gas Union Strategy Committee. He holds a MS Degree in Mineral Economics from the Colorado School of Mines, a MA Degree in International Affairs from Columbia University and a BA Degree in History from Lewis & Clark College.

Posts by Porter Bennett
- Blog

Houston, We Have a Problem; Low Crude Oil Prices are no Short-term Phenomenon

Author Porter Bennett

When the Apollo 13 astronauts realized their oxygen tanks were badly damaged, they famously said “Houston, we’ve had a problem.” Today, this phrase could well describe the U.S. oil and gas industry.  The issue isn’t only today’s low prices, but also the industry’s resilience and its response to low prices.  U.S. producers may have created a price ceiling for the world. Today we reflect on a new age of abundance in U.S. energy markets.