Future of Fuel &
Economic Toll of an Earthquake

Economic Consequences of a Major Earthquake on the Region

• Economic consequences
• Aftermath
• Current levels of preparedness
• Sustainability of our Utilities

Economic Impact of Fuel Industry Trends

• Why are San Diego gas prices the highest in the nation?
• What is the forecast for fuel costs to help small businesses budget for this expense?
• With increasing fuel efficiency and the number of electric cars, what is the outlook for fuel retailers?
• Given the focus on fuel efficiency and reduction of gas dependence, is there a push by or for retailers to diversify?
• What are the costs for California consumers to switch over to the "summer/spring" blend of gasoline, and is the expectation that this will continue?
• What is the estimated economic impact of putting cars and trucks under California's Cap and Trade program?

Glenn Pomeroy
Chief Executive Officer
California Earthquake Authority

Glenn Pomeroy led bipartisan congressional efforts to reduce the cost of earthquake insurance. He has served two terms as Insurance Commissioner for the state of North Dakota, and as head of Government and Regulatory Affairs for GE Insurance Solutions.

Hector J. Infante
Policy, Government & Public Affairs Manager
Chevron

Hector J. Infante is manager of Policy, Government & Public Affairs for Chevron in Orange County, San Diego County, Arizona, and Nevada. Hector also serves as a board member of the Orange County Business Council, and the Taxpayers Association in both Orange and San Diego Counties.