About_Instructors

n Bill Ware and Carol Caul are the principal instructors for the public and private Energy Business Inc courses and workshops and the consultants for the company’s single client consulting work. Together they have more than 40 years of practical business management experience, and 25+ years of experience designing educational programs for executives & professionals.

n Carol has an AB degree in economics & mathematics from George Washington University and a JD from Arizona State University, Sandra Day O’Connor College Of Law School, is an active member of the Texas State Bar, the Southern District of Texas, the United States .Circuit Court of Appeals For the Fifth Circuit, & United States Supreme Court bars, and is an affiliate of several other energy, energy management, & energy economics associations. Carol and Bill do much volunteer federal and local science-based regulatory and legal work in the subjects of transportation and environmental law and related regulations and litigation, funding and project financing, and environmental standards.

n Prior to forming EBI, Carol was in gas marketing & trading, where she structured one of the industry’s first basis swap deals. She entered the energy industry with Shell Oil after having been a tenured business law professor with a labor relations & negotiations consulting practice. Her energy experience includes positions in law, management, contract negotiations, mergers and acquisitions, staff & field land operations, & marketing &.distribution of natural gas, crude oil, & petroleum products with both major & independent operators, and downstream environmental litigation. Carol has served on many startup projects. Among those, she participated in the domestic start up of BritOil Ventures (previous BNOC). While working for a consulting firm, Carol established one of the natural gas industry’s first marketing and trading companies and also served as COO of a small interstate gas pipeline performing much of the regulatory and legal work required to get a FERC abandonment of the interstate facilities so that the pipeline could operate as a NGPA Sec 311 intrastate pipeline.

n Bill Ware has extensive corporate, business consulting, & trading experience and can be best described as a business & technology generalist. He started his business career with Shell Oil doing investment analyses & corporate planning. He also has worked for Exxon in plant operations and R&D, Davy PowerGas in engineering services, and several business consulting companies serving a broad range of energy industry segments. Among his earlier previous consulting projects was a major economic analysis of LNG done jointly for the DOE and private industry clients. He has traded commodity futures and day-traded options over the last 15 years.

n Bill has an MBA in finance/marketing and BS & MS degrees in chemical engineering from .the University of Texas at Austin. Among his affiliations are Int’l Assn of Financial Engineers, Global Assn of .Risk Professionals, National Energy Services Assn, .Strategic Management Society, and The Institute Of Electrical & Electronic Engineers.

n Bill and Carol have been teaching courses on business and energy practices and technologies since 1989. In early 1990, Bill and Carol designed and presented the North American energy industry’s first ever conference on over-the-counter energy commodity price swaps. And in early 1994, they designed an industry leading conference on the wholesale electric power markets. .Over the last 20 years, their affiliate companies EBI, EDI, & CDI have sponsored more than 300 conferences, workshops, & courses on energy industry issues, focusing on commercial, marketing, and trading issues in the natural gas, midstream, crude, electric power, transmission and transportation, renewable, and financial industries. These include, among others, beginning to advanced-level energy derivatives and energy price risk management; real options; volumetric risk management; and electric power market design, transmission operations, and trading in organized electric power markets; natural gas, liquids, and crude physical operations and short- and long-term contracting; gas and power regulations and trade compliance; and renewable energy and carbon technologies and markets.

n They have a keen awareness of the difficulties many energy professionals encounter in their mastering new subjects, new industry technologies, and commercial practices, such as the use of energy derivatives. They strive always to keep abreast of industry events and statutory and regulatory changes that might create new commercial, marketing, and trading opportunities for their clients and to present such information in a format that is usable but also supportable to senior executives and regulators.