Lou Allstadt

Former Executive Vice President, Mobil Oil

Lou Allstadt believes that fracking is a bad idea for New York. As a former Mobil Oil Corporation executive, Allstadt did not start out as an anti-fracking activist. However, after his 31-year career with Mobil, he became worried about the loose regulations surrounding high-volume fracking. In his view, regulators at the state Department of Environmental Conservation are so steeped in the industry mindset that they continue to sidestep a host of costly challenges. He is convinced the economic prospects are largely hype and that the state’s environmental regulators are disturbingly unprepared to deal with the side effects of such an invasive industrial activity.

Allstadt graduated from the U.S. Merchant Marine Academy, training ground for many a ship captain. He later earned an MBA from Columbia University.

Recordings

Play
Podcast

Drilling in the Amazon and Arctic

October 14, 2015
Big Oil spends billions to squeeze fossil fuel from every nook and cranny of the globe. But is drilling in the Arctic and Amazon as profitable as...
Play
Podcast

Oil Ahead

January 13, 2015
With gas prices plummeting and support growing for a reduction on fossil fuels, what does the future hold for the oil industry? Must they adapt or...