They have a keen awareness of the difficulties many students encounter in their mastering new subjects, new industry technologies, and commercial practices, such as the use of energy derivatives.
Negotiating long-term contract-avoid surprises
MAbout The Instructors
Providing energy professionals with the resources they need in order to be successful.
Innovation & Integrity
n Bill Ware and Carol Caul  are the principal instructors for the announced courses. They have 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 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 water, air, and environmental  & permitting 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 helped establish 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 They also have extensive commodity market contracting & trading experience with a focus in the natural gas, crude, liquids, electric power, transport, & allied energy industries operations, economics, and regulations.
n Since 1989 Bill & Carol have researched, developed, organized, and presented more than 250 industry conferences & workshops on a variety of business issues in the natural gas, electric power, & financial industries ranging from natural gas liquids operations & technology to asset management agreements to RTO energy & capacity markets to emissions markets. They have a keen awareness of the difficulties many students encounter in their mastering new subjects, new industry technologies, and commercial practices such as the use of energy commodity derivatives. 
n Bill has an MBA in finance/marketing and BS & MS degrees in chemical engineering, all degrees from the University of Texas at Austin.  Among his current and past affiliations are Society of Petroleum Engineers, 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 has extensive experience in corporate decision making, business consulting, and market trading.  He started his business career with Shell Petrochemicals/Shell Oil doing R&D economic and technology assessments of major petrochemical and refinery operations and markets.  He had previous plant level operational experience at the Exxon Baytown TX refinery/chemical complex, at the Diamond Alkali Deer Park TX plant for chlorine electrolytic production, and at Ethyl Corp and Exxon R&D Labs both in Baton Rouge LA.  After returning to UT for an MBA and post Shell, he joined the Houston office of Davy PowerGas, a British-owned engineering design and construction company that provided domestic and international design services primarily focused on natural gas processing.  Later, he joined Houston based Pace Consultants, a pioneering engineering and economic consulting division of Jacobs Engineering, who built one of the first comprehensive US energy models fully incorporating refining economics, and all other energy industry sectors, and energy consumption products.  Later Bill joined another Houston based pioneering consulting company with a greater focus on natural gas and the growing business opportunities with market deregulation.
Energy Business Inc l 685 N Post Oak Ln l Houston TX 77024-4606 l 713-680-2500 l