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Special lecture on the Oil Price War with Dr. Daniel Fine rescheduled for this Thursday 4/2

News Breaking Announcement from Dr. Fine--> My entire lecture is this upcoming THURSDAY APRIL 2 “ENERGY ELECTION 2020" has been moved to a Zoom conference instead from 10AM to 11:15AM ! To get on the ZOOM conference call -> 505 566 3702 and ask for Cecilia! or email cgunnell@4cornersed.com You ...

Will Fine


    US 02 Apr 2020


Posted 5 days agoEvent > durangoFarmington New Mexicocolorado +57

Your Weekly Update: 23 - 27 March 2020

With falling demand and increasing supply, the front-month price of the U.S. benchmark crude oil West Texas Intermediate (WTI) fell from a year-to-date high closing price of $63.27 per barrel (b) on January 6 to a year-to-date low of $20.37/b on March 18 (Figure 1), the lowest nominal crude oil pr ...

Hui Shan


Posted 8 days agoLink > Oiloil and gas newsOil and Gas Industry +7

Oil and gas industry faces huge loss

BY KEVIN ROBINSON-AVILA AND DAN BOYD / ALBUQUERQUE JOURNAL STAFF WRITERS Published: Thursday, March 19th, 2020 at 5:04pm Updated: Thursday, March 19th, 2020 at 9:55pm " Copyright © 2020 Albuquerque Journal With oil prices plunging to their lowest level in 22 years, state legislators are proje ...

Will Fine


Posted 13 days agoOpinion > Farmington New MexicoDelaware BasinWest Texas Delaware Basin USA +63

Special lecture on the Oil Price War with Dr. Daniel Fine

You are invited to a special lecture with premiere energy and geopolitical analyst Dr. Daniel Fine ! I will be lecturing on 1) Energy Election 2020: Second Term Trump or Alternative 2) U.S Energy Domination and Trump: Export or Else 3) Gas and Oil under the Alternative: Climate Control and Taxation ...

Will Fine


Farmington   NM   US 30 Mar 2020


Posted 19 days agoEvent > oil priceoil price collapseOil prices +57

Oil price plunge wallops NM

With Russia and Saudi Arabia now locked in battle over which country can sustain their economies the longest as prices plummet, the Permian Basin in West Texas and southeast New Mexico is caught directly in the crossfire. In fact, in good part, the price war appears directly aimed at slowing prod ...

Will Fine


Posted 21 days agoLink > Governor of New MexicoFarmington New MexicoBusiness news +48

Oil price plunge wallops New Mexico

BY KEVIN ROBINSON-AVILA / Albuquerque JOURNAL STAFF WRITER Published: Monday, March 9th, 2020 at 10:02pm Copyright © 2020 Albuquerque Journal New Mexico's oil boom could soon turn to bust after world prices for crude crashed on Monday. The price for U.S. benchmark West Texas Intermediate b ...

Will Fine


Posted 22 days agoOpinion > RussiaRussian marketOPEC +85

Your Weekly Update: 27 - 31 January 2020

Slow growth in U.S. energy consumption, as a result of continued increases in energy efficiency, and technologically enabled growth in domestic oil and natural gas production lead the United States to remain a net energy exporter through 2050. The AEO2020 Reference case projects domestic energy d ...

Hui Shan


Posted 2 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 30 December 2019 - 3 January 2020

From New Year's Day onwards, a 0.5% sulphur cap (or 500ppm) in fuel will be imposed globally, part of the International Maritime Organization's aim to reduce greenhouse gas emissions from ships by 50% through 2050. In 2008, the IMO set the global upper limit for sulphur in shipping fuels at 3.5% ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 16 - 20 December 2019

Year-over-year increases in U.S. proved reserves resulted in record-high levels of crude oil and lease condensate, up 12%, and natural gas up 9% in 2018, according to the U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2018 report. “The United States increased its proved reserves of oil ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Major slowdown expected in U.S. shale oil production

Last in a five-part series: Behind the BoomThe shale-oil tsunami that has flooded New Mexico with a wave of petro dollars in recent years may be receding somewhat as U.S. production faces its first significant decline since the gushers began nearly eight years ago. Signs of trouble are showing up ...

Will Fine


Posted 3 months agoLink > Mancos ShaleColorado ShaleMarcellus Shale +51

Your Weekly Update: 2 - 6 December 2019

The small-scale LNG market across the globe is driven by their increasing LNG demand from remote locations by applications, such as industrial & power, and the ability to transport LNG over long distances without the need for heavy investment such as pipelines. It includes the LNG produced from s ...

Hui Shan


Posted 3 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 4 - 8 November 2019

Changing nature of non-OPEC supply types may be affecting the crude oil futures marketChanges in the oil investment and production cycle may be affecting trading dynamics for West Texas Intermediate (WTI) and Brent crude oil futures contracts. Similar research from the U.S. Commodity Futures Trad ...

Hui Shan


Posted 4 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 28 October - 1 November 2019

As global deepwater activity regains favour, with blockbuster discoveries such as Guyana's Liza discovery in 2015, the need for versatile FPSOs that can go where new oil is has been rising. Brazil, through Petrobras, is already the world's largest operator of FPSOs, with almost 50 vessels plying ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 21 - 25 October 2019

Distillate remained the largest U.S. petroleum product export in the first half of 2019, averaging 1.3 million b/d, an increase of 60,000 b/d (5%) compared with the first half of 2018. Propane was the second-largest U.S. petroleum product export in the first half of 2019, at 1.03 million b/d, an ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7

Your Weekly Update: 14 - 18 October 2019

Citing a need to boost oil revenues by being ‘honest about its ability to endure further cuts', Ecuador is prioritising crude production and welcoming new oil investment (free from production constraints) as President Lenin Moreno pursues more market-friendly economic policies. Indonesia did rejo ...

Hui Shan


Posted 5 months agoLink > Oiloil and gas newsOil and Gas Industry +7