James Burkhard

IHS Markit

Vice President, Oil Markets, Energy & Mobility

Jim Burkhard, Vice President, Oil Markets, Energy & Mobility at IHS Markit, is recognized as one of the world’s top analysts on global oil markets and on the future of energy and transportation. Based in Washington, DC, Mr. Burkhard is Vice President and Head of crude oil market and energy and mobility research. Mr. Burkhard is a member of the IHS Markit Energy Research Council overseeing thought leadership across global energy and has over 20 years of experience in the international oil business. He is responsible for the development and coordination of IHS Markit insights and messages for global and regional oil markets and scenarios. His expertise covers geopolitics, industry dynamics, and global oil demand and supply trends. Mr. Burkhard also leads research into how changes in the automotive ecosystem are impacting the future of the energy, automotive, and chemical industries. He led the groundbreaking IHS Markit study, Reinventing the Wheel (RTW): The future of cars, oil, chemicals, and electric power. RTW has been cited by numerous press outlets around the world including the Wall Street Journal, the Financial Times, CNBC, Bloomberg, and media outlets in China, Europe, and India. Mr. Burkhard has also led the development of each generation of IHS Markit global scenarios, which have been prescient in their anticipation of major changes in the global energy market such as the price collapses of 2008-09 and 2014-15. Mr. Burkhard has testified before the US Congress on energy issues and is frequently sought for comment by global media. He has also participated in US National Petroleum Council (NPC) studies that provide policy recommendations to the US Secretary of Energy on oil and gas issues. Prior to joining Cambridge Energy Research Associates before its acquisition by IHS Markit, Mr. Burkhard was a member of the US Peace Corps in Niger, West Africa, where he directed infrastructure projects to improve water availability and credit facilities. He holds a BA from Hamline University and an MS from the School of Foreign Service at Georgetown University.

Sessions With James Burkhard

Monday, 7 March

  • 02:25pm - 03:05pm (CST) / 07/mar/2022 08:25 pm - 07/mar/2022 09:05 pm

    Plenary

    Speeding Up Net-zero Policies in Transportations?

    Panel Transportation & Mobility/Electrification (EVs/built environment)
    The electrification of transport, particularly cars and trucks, is a high-profile element of aspirations to reach net-zero GHG emissions. Plans by automakers and recent sales trends point toward a potential massive and relatively rapid change in new sales from oil powered to electric vehicles and other zero- or low-emission vehicles. Regulatory support and capital spending underpin the changes underway. However, the transport world today is still dominated by oil products. There are hurdles to overcome in order to accelerate the transition to net zero in transportation. These include the need for sky-high growth in the supply of battery raw materials; consumer acceptance; and expansion of charging stations, either at home or on the road. What is being done to address these challenges and accelerate the pace of change in transportation?

Tuesday, 8 March

  • 12:10pm - 01:00pm (CST) / 08/mar/2022 06:10 pm - 08/mar/2022 07:00 pm

    Strategic Dialogue

    Oil Market Outlook: Turbulence or stability?

    Panel Markets/Economics/Strategy
    The tension between long-term aspirations to cut GHG emissions and short-term practical desires for affordable oil prices is a new fundamental variable for the world oil market. Some major consumers want more oil when prices are high, but otherwise discourage oil consumption and investment. Is this a recipe for dislocations and mismatches between demand and supply? What are the implications for upstream investment, oil prices, and the balance of oil market power?