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Reactions to Delaware Basin News Shows Misunderstanding of Petroleum Economics by Dr. Daniel Fine

News of the size of oil reserves in the Delaware Basin (New Mexico's share of the Permian) while OPEC was deciding how many barrels it will cut from the world market to lift prices caused epic confusion – and revelations of how little “authorities” and the media understand petroleum economics. The ...

Will Fine


Posted 4 months agoOpinion > OPECNon-OPECNOPEC +91

S&P Global Platts - US Election Wrap: Democrats Win House, Voters Answer Oil Policy Questions

Washington — Democrats took control of the House of Representatives in Tuesday's mid-term election, but Republicans retained control of the Senate as voters decided on new gasoline tax hikes and limits on drilling, both on and offshore. Republicans won Senate races in Texas and North Dakota, t ...

OilVoice Press - OilVoice


Posted 5 months agoOpinion > S&P Global PlattsUnited StatesUSA +8

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 ...

Will Fine


Posted 9 months agoOpinion > Ryan zinkeDonald TrumpPresident Trump +66

Breathing easier in NM's oil patch

“Before, we weren't even making enough money for that … Some of the large companies are ramping up spending, but for smaller guys like me, it's still a struggle, because we need higher prices in the mid-$60 (per barrel) range for new work-overs to expand production.” That, in turn, pushed the sta ...

Will Fine


Posted 1 year agoLink > Dr. Daniel FineNew MexicoPermian +21