Oil bust could spur natural gas turnaround in San Juan Basin
If Merrion and key industry analysts are correct, there might be a silver lining in the oil crash caused by the coronavirus pandemic — it could end up helping northwestern New Mexico natural gas producers and even give a lift to state revenue in a time of crisis. The potential upside: The drop in ...New Mexico watching as Texas considers limits on oil production
Laws governing oil production in New Mexico stem from the Oil and Gas Act of 1935, which, among many other things, suggests the state can impose statewide caps on oil production, as well as more explicitly allowing it to cap output at specific reservoirs or “pools” of oil to “prevent waste.” If p ...Pandemic rocks Permian Basin as wells, rigs idled and workers laid off
It wasn't long ago that some of the largest oil companies in the world were flocking to Lea and Eddy counties to boost oil production, open regional offices and add high-paying jobs that attracted workers from across the country to cities like Carlsbad and Hobbs. The good ol' days are goneBefore ...OPEC, Russia tentatively agree to production cuts
OPEC and Russia, however, want the U.S. to impose state-mandated cuts, rather than let the free market force producers to scale back operations through low prices. And even if a deal is reached, it may do little to raise oil prices, since consumption is now hovering at 50-year lows, and with the ...
Oil producers in New Mexico and elsewhere are hoping for some relief this week, because the Organization of Petroleum Exporting Countries, Russia and other oil-producing nations plan to meet Thursday to discuss potential, collective cutbacks in output to reduce world oversupply and lift prices. N ...Expert Dan Fine discusses future of oil, natural gas amid low prices and the coronavirus
(Photo: Augusta Liddic/The Daily Times)AZTEC — Two tweets sent by President Donald Trump on the morning of April 2 spurred optimism for an oil industry hit hard by a flood of oil from Saudi Arabia and Russia, driving down the price. (Photo: Twitter screengrab)Fine said Russia, which has been frus ...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 ...US 02 Apr 2020
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 ...Farmington NM US 30 Mar 2020
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 ...Analysis: Oil market glut will lead to declining prices through 2020 by Dr. Daniel Fine
With the OPEC-Russia meeting ahead, the price of oil is at a crossroad. President Trump wants lower prices for gasoline at the pump and the Democratic Party wants a shortage to lift prices higher. This is the 2020 presidential election, to re-elect Trump or a create a Democratic left-center White ...NES Global Talent Expands Presence to Port Arthur, Texas
April 9, 2019 (HOUSTON) - With over 40 years of serving the oil and gas market, NES Global Talent is pleased to announce the expansion of its specialist oil and gas staffing business to Port Arthur. NES has been established in Texas for over two decades, operating two offices in Houston and Midlan ...
This once again demonstrates and underlines TouchstoneEnergy's commitment to the Energy sector. Asset management was at the core of business requirements for this Midstream client. They required a solution to control costs and improve profits as well as integrate all the necessary ingredients to ...Marcus Kelly - TouchstoneEnergy
Dr. Daniel Fine: Trump and Oil in Trade Geopolitics
Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production. This has caused euphori ...MMEX Resources Corp. Enters into Solar Power Plan for its Refinery Project
MMEX Resources Corp. enters into Solar Power plan for its Refinery Project MMEX forms solar power sub, MMEX Solar Resources, for its refinery projects in Pecos County, Texas FORT STOCKTON, TEXAS – July 9, 2018 – MMEX Resources Corp. (OTCPK: MMEX), a development-stage company focusing on t ...Dr. Daniel Fine: Oil – Before and After the November Election
The Trump Administration is moving towards less royalty rates on Federal land leases, less Bureau of Land Management discretion on Environmental Protection Act obstruction on the Application for Petroleum Drilling process, less coal and nuclear power generation decline, and less oil supply confiden ...
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