All Discussions Tagged 'Texas' - GoMarcellusShale.com2024-03-28T13:20:50Zhttps://gomarcellusshale.com/forum/topic/listForTag?tag=Texas&feed=yes&xn_auth=noNew Mexico watching as Texas considers limits on oil production By Jens Gould jgould@sfnewmexican.com Apr 25, 2020tag:gomarcellusshale.com,2020-04-27:2274639:Topic:8272252020-04-27T05:01:06.794ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p>The full article is here-> <a href="https://www.santafenewmexican.com/news/business/new-mexico-watching-as-texas-considers-limits-on-oil-production/article_e05dd462-83f7-11ea-8cee-d362092f912d.html" rel="noopener" target="_blank">https://www.santafenewmexican.com/news/business/new-mexico-watching-as-texas-considers-limits-on-oil-production/article_e05dd462-83f7-11ea-8cee-d362092f912d.html</a></p>
<p>"As oil prices have plummeted to levels never before seen, a rift has opened among the…</p>
<p>The full article is here-> <a href="https://www.santafenewmexican.com/news/business/new-mexico-watching-as-texas-considers-limits-on-oil-production/article_e05dd462-83f7-11ea-8cee-d362092f912d.html" target="_blank" rel="noopener">https://www.santafenewmexican.com/news/business/new-mexico-watching-as-texas-considers-limits-on-oil-production/article_e05dd462-83f7-11ea-8cee-d362092f912d.html</a></p>
<p>"As oil prices have plummeted to levels never before seen, a rift has opened among the companies that extract crude.</p>
<div class="subscriber-preview"><p>Some of them say state regulators should force producers to pump less in the hopes such regulation will raise prices.</p>
</div>
<div class="subscriber-preview"><p>Others say no, just let the market do its job.</p>
</div>
<div id="tncms-region-article_instory_top" class="tncms-region hidden-print"></div>
<div class="subscriber-only"><p>While Texas, an oil-producing behemoth, is weighing the controversial idea of imposing limits, New Mexico, now an oil powerhouse in its own right, has largely stayed out of that debate.</p>
</div>
<div class="subscriber-only"><p>Depending where oil prices go and what other states decide to do, there may come a point when the state needs to take a position. But key state officials disagree on where New Mexico should go.</p>
</div>
<div class="subscriber-only"><p>The issue has come to the fore as the COVID-19 crisis — paired with an international price war between Saudi Arabia and Russia — triggered a precipitous decline. Stay-at-home orders that keep Americans from traveling have drained demand for products like gasoline and jet fuel.</p>
</div>
<div class="subscriber-only"><p>Yet oil producers continued to pump through the spring, leading to a massive oversupply — and an unprecedented crash. Early last week, that glut of crude caused oil futures to fall into negative territory for the first time ever, and despite somewhat of a recovery since then, prices remain far below profitable levels for U.S. companies.</p>
</div>
<div class="subscriber-only"><p>The decline also means New Mexico oil revenue has become peanuts compared to the hefty sums the state was taking in during the boom. One key legislator has projected oil and tax revenue will fall short of projections by as much as $2 billion for next fiscal year.</p>
</div>
<div class="subscriber-only"><p>Though global oil producers agreed to a historic production cut earlier this month, the question emerged whether oil-producing states in the U.S. should also mandate cuts to drive prices higher.</p>
</div>
<div class="subscriber-only"><p>So far, the State Land Office has issued an emergency rule allowing oil and gas companies to voluntarily shut in, or close, their wells without penalty, and regulators said many companies are doing so because they can’t ship their oil anywhere.</p>
</div>
<div class="subscriber-only"><p>Yet Land Commissioner Stephanie Garcia Richard suggested the state should go even further."</p>
</div>
<p></p> Pandemic rocks Permian Basin as wells, rigs idled and workers laid off By Jens Gouldtag:gomarcellusshale.com,2020-04-20:2274639:Topic:8267612020-04-20T01:32:44.135ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p>The full article is here-> <a href="https://www.santafenewmexican.com/news/coronavirus/pandemic-rocks-permian-basin-as-wells-rigs-idled-and-workers-laid-off/article_4fce0236-7e62-11ea-ba2d-8bfb85bee449.html" rel="noopener" target="_blank">The full article</a></p>
<p>Seth Aldridge was at the tail end of a 12-hour night shift when he got the call at 6 a.m.</p>
<p>The voice on the other end said he had just lost his job as an oil field pumper for Occidental Petroleum in the Permian…</p>
<p>The full article is here-> <a href="https://www.santafenewmexican.com/news/coronavirus/pandemic-rocks-permian-basin-as-wells-rigs-idled-and-workers-laid-off/article_4fce0236-7e62-11ea-ba2d-8bfb85bee449.html" target="_blank" rel="noopener">The full article</a></p>
<p>Seth Aldridge was at the tail end of a 12-hour night shift when he got the call at 6 a.m.</p>
<p>The voice on the other end said he had just lost his job as an oil field pumper for Occidental Petroleum in the Permian Basin.</p>
<p>“It was a shock to get the call, for sure,” said Aldridge, a 34-year-old resident of Lea County. “You see it coming, but you never really think … or you hope it’s not you that gets that ax.”</p>
<div id="tncms-region-article_instory_top" class="tncms-region hidden-print"></div>
<p>The ax is falling throughout energy-rich southeastern New Mexico as crude prices have plummeted amid the COVID-19 pandemic. It’s a swift and stunning reversal for an area of the state that until last month had been riding high on the greatest oil boom in its history.</p>
<p>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.</p>
<p>Within the span of just around a month, that boom has turned to a bust. Serious doubts have now been cast over the short- and even medium-term future of oil and gas production in the area, as producers shut down wells, idle drilling rigs and say goodbye to workers.</p>
<p>“We’re seeing layoffs, we’re seeing equipment stacked in yards and we are seeing primarily the lower-volume wells shut in,” said Rep. Larry Scott, who, in addition to representing Hobbs in the state House, is the owner of Lynx Petroleum.</p>
<p>Projections reflect that pessimism. Daniel Fine, an oil and gas researcher with New Mexico Tech, estimates oil output on New Mexico’s side of the Permian in the second quarter of this year will fall to less than half of what it was before the new coronavirus outbreak.</p> Oil and the Saudi Arabia threat Dr. Daniel Fine, New Mexico Center for Energy Policytag:gomarcellusshale.com,2017-08-03:2274639:Topic:7603772017-08-03T04:05:31.726ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p>The full article is here-> <a href="http://www.daily-times.com/story/money/industries/oil-gas/2017/07/30/oil-and-saudi-arabia-threat/499741001/" target="_blank">http://www.daily-times.com/story/money/industries/oil-gas/2017/07/30/oil-and-saudi-arabia-threat/499741001/</a></p>
<p class="speakable-p-1 p-text">There is instability in the leading oil producer within OPEC and the lowest cost producer in the World. Nothing like this has happened in Saudi Arabia since the middle of the last…</p>
<p>The full article is here-> <a href="http://www.daily-times.com/story/money/industries/oil-gas/2017/07/30/oil-and-saudi-arabia-threat/499741001/" target="_blank">http://www.daily-times.com/story/money/industries/oil-gas/2017/07/30/oil-and-saudi-arabia-threat/499741001/</a></p>
<p class="speakable-p-1 p-text">There is instability in the leading oil producer within OPEC and the lowest cost producer in the World. Nothing like this has happened in Saudi Arabia since the middle of the last century.<br/> It is only a matter of the short term before the price of world oil is affected. And its Implications will reach the Four Corners and New Mexico no matter what Congress or The White House does.</p>
<p class="speakable-p-2 p-text">First, the instability begins from a dynastic change with an ailing and aging King and a young crown prince ousting his cousin as the successor to the throne as King of Saudi Arabia. This divides the rulers into two factions: the traditionalists or old guard (Ali Al-Naimi) against the modernists and a take-over generation. Second, the oil ministry and Saudi Aramco (the Government-owned and monopoly oil company) is now controlled by the take- over generation.</p>
<p class="p-text">No doubt President Trump was influential in the recent diplomatic visit to the Kingdom. He gave support to the take-over faction with closer ties to the take-overs through Mohammed bin Salman, now the heir to the throne. Billions in American service company projects with Saudi Arabian petroleum expansion were announced. President Trump concluded with a strategy and tactic of eliminating radical Islam in Saudi Arabia and the Middle East. He said it must be attacked at the roots of the social and political order.</p>
<div class="partner-outstream partner-placement-visible partner-placement partner-spike" id="ad-position-54"><div id="ad-slot-7103-nm-farmington-C1279-outstream_video-money-63" class="ad-slot"><div id="google_ads_iframe_7103/nm-farmington-C1279/outstream_video/money_1__container__">Qatar was next. It has been isolated and diminished by the take-over generation adding more resentment among the traditionalists in Saudi Arabia. While it is the largest producer and exporter of liquid natural gas in the world, it also produces as much as 80 percent of the oil output of the Permian Basin. The big picture is struggle between Iran and Saudi Arabia to dominate the region or Islamic Middle East.</div>
</div>
</div>
<p class="p-text">It was the take-over generation that switched Saudi Arabia oil strategy from an anti-American shale and sand price and market share war against West Texas Intermediate oil to a reduction of output in OPEC. This was the decision of Algiers to raise prices in anticipation of a Saudi Aramco initial public offering of shares next year.</p>
<p class="p-text">Share prices would be sold at higher prices with this cutback of OPEC production.</p>
<p class="p-text">The Crown Prince moved to restore subsidies and salaries, based on oil revenue, which were reduced or eliminated as the oil price fell because of market share strategy to lower oil prices to shut down or slow American shale competition from 2014 to late last year. Prices moved upward as OPEC withheld some 1.8 barrels from the World<br/> Market. But the commodity market has displayed skepticism after an initial<br/> rally that not enough supply has been pushed back to “balance supply<br/> and demand” this year."</p>
<p></p>
<div class="partner-outstream" id="ad-position-58"><div id="ad-slot-7103-nm-farmington-C1279-outstream_video-money-60" class="ad-slot"></div>
</div> Trump plan for U.S. energy ‘dominance’tag:gomarcellusshale.com,2017-07-25:2274639:Topic:7599632017-07-25T04:16:15.757ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<div class="single-article-meta"><div class="row"><div class="col-sm-6"><div class="single-article-meta__left">by <a href="https://lockerroom.johnlocke.org/author/mitch-kokai/">Mitch Kokai</a></div>
</div>
<div class="col-sm-6"><div class="single-article-meta__right">July 24, 2017 at 6:04 pm</div>
</div>
</div>
</div>
<div class="single-article__content the-content"><p>The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy…</p>
</div>
<div class="single-article-meta"><div class="row"><div class="col-sm-6"><div class="single-article-meta__left">by <a href="https://lockerroom.johnlocke.org/author/mitch-kokai/">Mitch Kokai</a></div>
</div>
<div class="col-sm-6"><div class="single-article-meta__right">July 24, 2017 at 6:04 pm</div>
</div>
</div>
</div>
<div class="single-article__content the-content"><p>The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.”</p>
<p>Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural Resources, explored the Trump team’s plans during a presentation to the John Locke Foundation’s Shaftesbury Society.</p>
<p><iframe width="640" height="360" src="https://www.youtube.com/embed/yAe5ll5fFyg?rel=0&wmode=opaque" frameborder="0" allowfullscreen=""></iframe>
</p>
</div>
<div class="author-details media"><div class="media-left pull-left">-> <a href="https://youtu.be/yAe5ll5fFyg">https://youtu.be/yAe5ll5fFyg</a> <a href="https://youtu.be/yAe5ll5fFyg" target="_blank">https://youtu.be/yAe5ll5fFyg</a></div>
<div class="media-body"><h4 class="media-heading author-details__heading section-heading section-heading--no-line"><a href="https://lockerroom.johnlocke.org/author/mitch-kokai/">Mitch Kokai </a>/ Senior Political Analyst</h4>
<div class="author-details__text">Mitch Kokai is senior political analyst for the John Locke Foundation. He joined JLF in December 2005 as director of communications. That followed more than four years as chief</div>
</div>
</div> The Coming of Self-Sufficiency, North American Continentalism vs. Globalismtag:gomarcellusshale.com,2017-07-20:2274639:Topic:7600292017-07-20T16:30:36.242ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p><span>Watch this great interview & share it! With /Jason Spiess (Oilfield Report-North American Shale Magazine) at the Bakken Conference and Expo today 7/18/17 with Dr. Daniel Fine, New Mexico Center for Energy policy, NMT, MIT and John Yates, Jr. founder operator of the Permian-Delaware basins and President of Abo Empire discuss Trump oil, California oil and the Bakken Shale revolutions…</span></p>
<p style="text-align: center;"></p>
<p><span>Watch this great interview & share it! With /Jason Spiess (Oilfield Report-North American Shale Magazine) at the Bakken Conference and Expo today 7/18/17 with Dr. Daniel Fine, New Mexico Center for Energy policy, NMT, MIT and John Yates, Jr. founder operator of the Permian-Delaware basins and President of Abo Empire discuss Trump oil, California oil and the Bakken Shale revolutions</span></p>
<p style="text-align: center;"><iframe src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2Foilfieldreport%2Fvideos%2F1471527879553360%2F&show_text=0&width=560" width="560" height="315" frameborder="0" allowfullscreen="true"></iframe>
</p>
<br />
<p><span>Watch it here-> <a href="https://m.facebook.com/story.php?story_fbid=1471527879553360&id=154463214593173&mds=%2Fsharer-dialog.php%3Ffs%3D8%26fr%26sid%3D1471527879553360%26_ft_%3Dtop_level_post_id.1471527879553360%253Atl_objid.1471527879553360%253Athrowback_story_fbid.1471527879553360%253Apage_id.154463214593173%26internal_preview_image_id&mdf=1" target="_blank">https://m.facebook.com/story.php?story_fbid=1471527879553360&id=154463214593173&mds=%2Fsharer-dialog.php%3Ffs%3D8%26fr%26sid%3D1471527879553360%26_ft_%3Dtop_level_post_id.1471527879553360%253Atl_objid.1471527879553360%253Athrowback_story_fbid.1471527879553360%253Apage_id.154463214593173%26internal_preview_image_id&mdf=1</a> <a href="https://m.facebook.com/story.php?story_fbid=1471527879553360&id=154463214593173&mds=%2Fsharer-dialog.php%3Ffs%3D8%26fr%26sid%3D1471527879553360%26_ft_%3Dtop_level_post_id.1471527879553360%253Atl_objid.1471527879553360%253Athrowback_story_fbid.1471527879553360%253Apage_id.154463214593173%26internal_preview_image_id&mdf=1">https://m.facebook.com/story.php?story_fbid=1471527879553360&id=154463214593173&mds=%2Fsharer-dialog.php%3Ffs%3D8%26fr%26sid%3D1471527879553360%26_ft_%3Dtop_level_post_id.1471527879553360%253Atl_objid.1471527879553360%253Athrowback_story_fbid.1471527879553360%253Apage_id.154463214593173%26internal_preview_image_id&mdf=1</a></span></p>
<p></p>
<p><span> </span></p> Dr. Daniel Fine is a nice addition By John. A. Yates, Jr. Roswell Daily Record - July 8, 2017tag:gomarcellusshale.com,2017-07-12:2274639:Topic:7595302017-07-12T15:53:28.965ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p>The full letter is here-> <a href="https://www.rdrnews.com/2017/07/08/dr-daniel-fine-is-a-nice-addition/" target="_blank">https://www.rdrnews.com/2017/07/08/dr-daniel-fine-is-a-nice-addition/</a></p>
<p>"The recent article by Dr. Daniel Fine in the guest column of your Wednesday edition concerning the impacts of Saudi Arabian-led dismantlement of our lively domestic energy business via flooding the market with underpriced foreign crude from numerous Middle Eastern national oil companies…</p>
<p>The full letter is here-> <a href="https://www.rdrnews.com/2017/07/08/dr-daniel-fine-is-a-nice-addition/" target="_blank">https://www.rdrnews.com/2017/07/08/dr-daniel-fine-is-a-nice-addition/</a></p>
<p>"The recent article by Dr. Daniel Fine in the guest column of your Wednesday edition concerning the impacts of Saudi Arabian-led dismantlement of our lively domestic energy business via flooding the market with underpriced foreign crude from numerous Middle Eastern national oil companies along with other foreign producers like bad actor Venezuelan and Russian puppet oil regime cronies are making for difficulty in our New Mexican oil patch.</p>
<p>The impacts to the New Mexico state revenues derived from the lower prices have been enormous in their impacts to the current New Mexico administration and the state budgeters working through our elected representatives in the Statehouse.<br/>The emotions of which program to slice out of the budget and all the unintended consequences derived from the Saudi Arabian led OPEC/non-OPEC producer groups acting to undermine our energy security is disappointing in the least and should be addressed at the highest level in the current administration in Washington D.C.</p>
<p><br/>Hopefully, an investigation at the Department of Commerce will determine that the domestic industry is being harmed and the administration will implement quotas that would prevent foreign light crude from being “dumped on the market” and eventually foreign sour crude sweet would also be added for consideration for quotas.</p>
<p><br/>The president is in Europe trying to convince the heads of various European governments that the USA can provide them with LNG (natural gas) to wean themselves gradually off of unreliable and politically unstable Russian natural gas; we should have learned long ago that the Middle East nationalized- producers have no interest in promoting our national interest of energy security and they have kept our country depending on them for our transportation and refining needs for decades.<br/>This fits well with the likes of the large integrated oil companies that we are all familiar with who make money all along the value chain. The consumer would be well-served in the long run if we weaned ourselves off the undependable foreign sources of oil and promoted the domestic industry with these quotas on foreign crude."</p> Overcapacity and the price of oil Dr. Daniel Fine, New Mexico Center for Energy Policy (Daily Times)tag:gomarcellusshale.com,2017-06-28:2274639:Topic:7584312017-06-28T00:47:37.333ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p></p>
<h1 class="asset-headline">Overcapacity and the price of oil</h1>
<br />
<br />
<div class="asset-metabar"><span class="asset-metabar-author asset-metabar-item">Dr. Daniel Fine, New Mexico Center for Energy Policy</span><span class="asset-metabar-time asset-metabar-item nobyline">Published 12:00 a.m. MT June 25, 2017 | <span class="asset-metabar-time-updated">Updated 1:23 p.m. MT June 25, 2017</span></span></div>
<br />
<p></p>
<p>The full article is here-> …</p>
<p></p>
<h1 class="asset-headline">Overcapacity and the price of oil</h1>
<br />
<br />
<div class="asset-metabar"><span class="asset-metabar-author asset-metabar-item">Dr. Daniel Fine, New Mexico Center for Energy Policy</span><span class="asset-metabar-time asset-metabar-item nobyline">Published 12:00 a.m. MT June 25, 2017 | <span class="asset-metabar-time-updated">Updated 1:23 p.m. MT June 25, 2017</span></span></div>
<br />
<p></p>
<p>The full article is here-> <a href="http://www.daily-times.com/story/money/industries/oil-gas/2017/06/25/overcapacity-and-price-oil/397050001/" target="_blank">http://www.daily-times.com/story/money/industries/oil-gas/2017/06/25/overcapacity-and-price-oil/397050001/</a></p>
<p>With the Saudi Arabian-American strategy of removing ISIS and terror roots in Middle East societies and governments, the global oil and gas service companies have new projects to expand oil capacity of Saudi Arabia. This moves Saudi Aramco into overcapacity production range and a Second Downturn in early 2019 as forecast in this column six months ago.</p>
<p>Saudi oil production capacity should increase to 13 million barrels per day with Haliburton and others working on projects to increase reserves. This is prepared to flow into export markets to deprive Occidental of its short- term export of domestic oil which the production cut-back under the 1,800,000 barrels per day OPEC and Russian “deal” provided as a temporary marketing opportunity. The price of de-terrorism in the Middle East is more Saudi Arabian oil and lower world prices. Saudi Arabian demand forecasts are no more than 1 percent per annum growth: its new capacity addition could reach 4 percent per annum in the next five years following the service company projects signed weeks ago.</p>
<p>OPEC production and imports to the U.S are up as this column is prepared for publication. The Commodity Market, which determines the price of world oil, would have a trading range breakout if Iranian gunboats break the isolation of Qatar and engage the U.S. Persian Gulf naval capability. However, such incidents would move traders for hours only. </p>
<p>Natural gas prices should continue to move upward as risk hedging begins to focus on buying gas and selling crude. This is a contract which oil price risk is hedged.</p>
<p>A laying of the risk of crude oil price declines with a simultaneous buying of natural gas. </p> Editorial: Governor’s energy plan is excellent future blueprinttag:gomarcellusshale.com,2015-09-21:2274639:Topic:6978222015-09-21T02:02:02.747ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<div class="entry"><h5>By <a href="http://www.abqjournal.com/author/editorial">Albuquerque Journal Editorial Board</a> For the complete article use this link--> <a href="http://www.abqjournal.com/646946/opinion/governors-energy-plan-is-excellent-future-blueprint.html">http://www.abqjournal.com/646946/opinion/governors-energy-plan-is-excellent-future-blueprint.html</a></h5>
<h6>Sunday, September 20th, 2015 at 12:02am</h6>
<br />
<br />
<div class="p402_premium"><div style="display: none;">..........…</div>
</div>
</div>
<div class="entry">
<h5>By <a href="http://www.abqjournal.com/author/editorial">Albuquerque Journal Editorial Board</a> For the complete article use this link--> <a href="http://www.abqjournal.com/646946/opinion/governors-energy-plan-is-excellent-future-blueprint.html">http://www.abqjournal.com/646946/opinion/governors-energy-plan-is-excellent-future-blueprint.html</a></h5>
<h6>Sunday, September 20th, 2015 at 12:02am</h6>
<br />
<br />
<div class="p402_premium"><div style="display: none;">.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... ..........</div>
<p>New Mexico has a wealth of energy resources. And now it has a comprehensive plan to help guide development of those riches to grow the state’s economy.</p>
<p>Last week at the 2015 Southeastern New Mexico Mayor’s Energy Summit in Carlsbad, Gov. Susana Martinez laid out a broad “all of the above” energy policy. “There is no reason we shouldn’t be an energy leader,” she later told attendees at the eighth annual Domenici Public Policy Conference in Las Cruces.</p>
<p>Her plan embraces a wide range of energy sources, ranging from oil and gas to solar, wind and up-and-coming technologies, such as “small modular reactors,” which must still be approved by the federal Nuclear Regulatory Commission.</p>
<p>While the oil and gas industry has been – and still is – the backbone of the state’s energy economy (accounting for more than a billion dollars in revenues to the state each year), it’s clear there is plenty of opportunity for the growing renewable energy sector given New Mexico’s abundant sunshine, miles of windswept open spaces and nuclear experience and expertise.</p>
<p>One of the keys is development of more infrastructure – electricity transmission lines to move power generated by wind and solar, and new refineries and improved roads, rail and pipelines to transport resources in and out of the energy-producing areas in the southeastern and northwestern parts of the state.</p>
<p>It also proposes deployment of new battery storage technologies and exporting coal as utilities start using less of that resource as a result of agreements with the federal government to reduce greenhouse gas emissions and improve air quality.</p>
</div>
<br />
</div> Leading energy expert Dr. Daniel Fine to give breaking news keynote @Panhandle Producers and Royalty Owners Association conference Amarillo 9/23. http://goo.gl/Spze5Ntag:gomarcellusshale.com,2015-09-10:2274639:Topic:6961902015-09-10T02:07:37.578ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p>For the article --> <a href="http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0">http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0</a></p>
<h2>Amarillo to host PPROA event</h2>
<div id="byline"><div id="writer">By <a href="http://m.amarillo.com/authors/karen-smith-welch">KAREN SMITH WELCH</a></div>
</div>
<p>A New Mexico energy policy expert will headline the 86th annual gathering of Panhandle Producers and Royalty Owners Association.</p>
<p>The…</p>
<p>For the article --> <a href="http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0">http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0</a></p>
<h2>Amarillo to host PPROA event</h2>
<div id="byline"><div id="writer">By <a href="http://m.amarillo.com/authors/karen-smith-welch">KAREN SMITH WELCH</a></div>
<div></div>
</div>
<p>A New Mexico energy policy expert will headline the 86th annual gathering of Panhandle Producers and Royalty Owners Association.</p>
<p>The event will take place Sept. 22 to 24, with sessions at Amarillo Civic Center Complex and events at the Cactus Gun Club and Ross Rogers Municipal Golf Course.</p>
<p>PPROA serves as an advocate for oil and gas producers, mineral royalty owners and industry support companies in the Texas Panhandle, western Oklahoma and southwestern Kansas.</p>
<p>Dr. Daniel I. Fine, associate director of the New Mexico Center for Energy Policy, a research arm of New Mexico Tech, and Texas Land Commissioner George P. Bush will be featured speakers on Sept. 23.</p>
<div class="ym" id="ym_892683418457545792"></div>
<p>Fine is a senior policy analyst in the New Mexico State House and his resume includes stints as a policy advisor on nonconventional oil and gas in the administration of President George W. Bush and as a research associate at the Massachusetts Institute of Technology’s Mining and Minerals Resources Institute.</p>
<p>“I’m going to make a special announcement about a policy recommendation that could change the supply and demand for oil dramatically to benefit southwest U.S. producers,” Fine said Friday.</p>
<p>“Let me just say that (much), and I’m reserving that for Amarillo.”</p>
<p>Fine said the information he will release is set against the backdrop of the “open price war against southwest and U.S. shale (oil) production. I’m going to break it down in terms of the history of the price war, the objectives of Saudi Arabia, and the current condition of world oversupply.”</p>
<p>The talk also will cover policy issues involved in the current situation, as well as contain his analysis of the consequences of the proposed nonnuclear proliferation treaty between the United States and Iran and “the re-entry of Iran in the world oil market and its impact on price and U.S. production,” Fine said.</p>
<p>The schedule for Sept. 23 will include a keynote luncheon speech by Texas Land Commissioner George P. Bush.</p>
<p>A forum is also planned featuring state Sen. Kel Seliger (R-
Amarillo), state Reps. Four Price (R-Amarillo) and Ken King (R-Canadian), Texas Railroad Commissioner Ryan Sitton, Texas Alliance of Energy Producers Chief Counsel Gloria Leal, and Texas energy advocate Luke Legate, a PPROA news release said.</p>
<p>The convention will open on Sept. 22, with sessions about the battle for minerals and surface rights in the Texas Supreme Court by Houston lawyer John B. Thomas and a “WOTUS or Bogus” presentation from speaker John Tintera about the U.S. Environmental Protection Agency’s Waters of the United States rules.</p>
<p>Tinterra is former executive director of the Railroad Commission of Texas, a regulatory expert and licensed geologist.</p>
<p>The Sept. 24 activity is a golf tournament at the Ross Rogers course.</p>
<p>PPROA has about 640 members and its conventions regularly draw 200 to 300 participants, Executive Vice President Judy Stark said.</p>
<p>For a convention schedule and registration details, visit www
.pproa.org or call the association office at 806-352-5637.</p> Watch leading energy expert Dr. Daniel Fine as he discusses the impact of falling global oil pricestag:gomarcellusshale.com,2015-09-09:2274639:Topic:6959982015-09-09T01:51:20.144ZBob Perkinshttps://gomarcellusshale.com/profile/BobPerkins
<p>Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy, discusses the impact of falling oil prices on the domestic energy industry. Fine offered these comments during an interview for Carolina Journal Radio (<span class="skimlinks-unlinked">CarolinaJournalRadio.com</span>) Program No. 640. Video courtesy of<span class="skimlinks-unlinked">CarolinaJournal.tv</span>.</p>
<p>For the full video use this link--> …</p>
<p>Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy, discusses the impact of falling oil prices on the domestic energy industry. Fine offered these comments during an interview for Carolina Journal Radio (<span class="skimlinks-unlinked">CarolinaJournalRadio.com</span>) Program No. 640. Video courtesy of<span class="skimlinks-unlinked">CarolinaJournal.tv</span>.</p>
<p>For the full video use this link--> <a rel="nofollow" href="https://youtu.be/Zld343sl2LY" target="_blank">https://youtu.be/Zld343sl2LY</a></p>