CSU–Pueblo School of Business hosts former Unocal chairman


The state of energy and energy policy in the United States will be the focus of a presentation by Dick Stegemeier, former CEO and Chairman of Unocal, sponsored by the Hasan School of Business at Colorado State University-Pueblo next week.

Stegemeier will present, “Which Way, Oil? The Geopolitics of Energy in the 21st Century,” beginning at 5:30 p.m., on Wednesday, Sept. 24, in the Hasan School of Business Auditorium. His lecture is the first of three in the business school’s Distinguished Speakers Series. The theme of the series this year is The Future of Energy.

With gasoline prices topping $4 per gallon this year, the cost of heating fuel going through the roof, the threat to oil production and flow in the Middle East and former Soviet republics, China’s rapidly growing dependence on oil, the global warming debate, and the regular introductions of new energy technologies and resources, Stegemeier’s talk is vital and timely – especially in this national election year. Because of limited seating, reservations are requested to 719-549-2142.

In 1983, Union Oil Company of California became an operating subsidiary of a new holdings company named Unocal, whose name they took on in 1985. In the 1990s, under the guidance of long-time leader Fred Hartley, Stegemeier, and new CEO Roger C. Beach, Unocal became the largest independent oil and gas producers, with new prospects opening up in Gabon, Brazil, Bangledesh, Afghanistan and their favorite spot, the Gulf of Mexico. When Dick Stegemeier was named president in late 1985, he, Hartley and their executive team faced enormous challenges in streamlining the company. They reduced the debt from $6.1 billion to less than $4 billion by mid-1990. Stegemeier succeeded Hartley, who retired as chairman and CEO before the end of the decade.

Refreshments will be provided for all guests.

Colorado State University - Pueblo is a regional, comprehensive university emphasizing professional, career-oriented, and applied programs. Displaying excellence in teaching, celebrating diversity, and engaging in service and outreach, CSU-Pueblo is distinguished by access, opportunity, and the overall quality of services provided to its students.