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Trump promises oil, gas industry assistance a day after WTI traded negative


  • Natural gas prices may increase Reducing oil production may have some positive impact on the San Juan Basin.
  • Because the Permian Basin has been producing a surplus of natural gas, and there is no way to send all the natural gas to markets, the San Juan Basin natural gas prices have reached historic lows and oil producers in the Permian have vented or flared off natural gas.
  • Fine anticipates the reduction in the oil production as well pipelines to the Gulf of Mexico will lead to the price of San Juan natural gas being higher a year from now.



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Dr. Daniel FineFarmington New MexicoGovernor of New MexicoNew MexicoBusiness newsBusinessNewsEnergyNewsFox NewsFoxNewsindustry newslatest oil and gas newsnewsOil And Gas Industry Latest Newsoil and gas industry newsoil and gas newsOil Industry Newsoil newsoilnewsWorld Newsweekly oil newsBusinessSan Juan BasinDelaware BasinBakkenDJR EnergyDJ BasinOccidental PetroleumMarcellusTexasTexas Oil & Gas

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