All Discussions Tagged 'WestVirginia' - GoMarcellusShale.com
2024-03-29T12:25:22Z
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Internationally renowned energy expert dies Dr. Daniel Fine: Champion of the Marcellus shale and Pennsylvannia
tag:gomarcellusshale.com,2022-10-30:2274639:Topic:913249
2022-10-30T14:48:07.809Z
Bob Perkins
https://gomarcellusshale.com/profile/BobPerkins
<div dir="ltr"><span style="font-size: 14pt;"><strong>Internationally renowned energy expert dies Dr. Daniel Fine: Champion of the Marcellus shale, (Pennsylvania, Ohio, West Virginia)</strong></span><br></br>BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER <br></br>PUBLISHED: FRIDAY, OCTOBER 28TH, 2022 AT 4:51PM<br></br>UPDATED: SATURDAY, OCTOBER 29TH, 2022 AT 9:25PM<br></br>"Copyright © 2022 Albuquerque Journal<br></br><br></br>"As an internationally renowned scholar and expert on energy markets and geopolitics,…</div>
<div dir="ltr"><span style="font-size: 14pt;"><strong>Internationally renowned energy expert dies Dr. Daniel Fine: Champion of the Marcellus shale, (Pennsylvania, Ohio, West Virginia)</strong></span><br/>BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER <br/>PUBLISHED: FRIDAY, OCTOBER 28TH, 2022 AT 4:51PM<br/>UPDATED: SATURDAY, OCTOBER 29TH, 2022 AT 9:25PM<br/>"Copyright © 2022 Albuquerque Journal<br/><br/>"As an internationally renowned scholar and expert on energy markets and geopolitics, Daniel Fine helped shape the thoughts and decisions of policymakers and industry leaders over decades in Washington, D.C., and in New Mexico.<br/><br/>A lifelong Harvard fellow and research associate with the Massachusetts Institute of Technology, Fine had a direct influence on government affairs, frequently providing expert guidance on energy issues and international relations among the top echelons of public and private agencies.<br/><br/>And, for nearly two decades, Fine devoted his attention to New Mexico through the Institute of Mining and Technology in Socorro, first as head of the university’s Center for Energy Policy, and then as a research associate who led conferences, projects and initiatives across the state.<br/><br/>Fine, 88, died in Miami on Sept. 26, following complications from surgery." Here is the link to the complete story on Dr. Fine-> <a href="https://www.abqjournal.com/2544351/internationally-renowned-energy-expert-dies.html" target="_blank" rel="noopener">The full article on Dr. Daniel Fine’s life and passing in the Sunday Albuquerque Journal</a></div>
<p><br/><a href="https://www.abqjournal.com/2544351/internationally-renowned-energy-expert-dies.html" target="_blank" rel="noopener">https://www.abqjournal.com/2544351/internationally-renowned-energy-expert-dies.html</a></p>
New Mexico watching as Texas considers limits on oil production By Jens Gould jgould@sfnewmexican.com Apr 25, 2020
tag:gomarcellusshale.com,2020-04-27:2274639:Topic:827225
2020-04-27T05:01:06.794Z
Bob Perkins
https://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>
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<div class="subscriber-preview"><p>Others say no, just let the market do its job.</p>
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<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>
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<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>
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<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>
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<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>
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<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>
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<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>
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<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>
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<div class="subscriber-only"><p>Yet Land Commissioner Stephanie Garcia Richard suggested the state should go even further."</p>
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Analysis: Trump and Saudi collision on oil, and Bingaman’s return to Santa Fe by Dr. Daniel Fine
tag:gomarcellusshale.com,2018-11-27:2274639:Topic:789498
2018-11-27T04:38:51.696Z
Bob Perkins
https://gomarcellusshale.com/profile/BobPerkins
<p>For more of the article use this link-> <a href="https://www.daily-times.com/story/money/industries/oil-gas/2018/11/25/analysis-trump-and-saudi-collision-oil-bingamans-return-santa-fe/2015081002/" rel="noopener" target="_blank">https://www.daily-times.com/story/money/industries/oil-gas/2018/11/25/analysis-trump-and-saudi-collision-oil-bingamans-return-santa-fe/2015081002/</a></p>
<p>"In an earlier column, readers overseas benefited from this writer’s forecast that crude oil prices would…</p>
<p>For more of the article use this link-> <a href="https://www.daily-times.com/story/money/industries/oil-gas/2018/11/25/analysis-trump-and-saudi-collision-oil-bingamans-return-santa-fe/2015081002/" target="_blank" rel="noopener">https://www.daily-times.com/story/money/industries/oil-gas/2018/11/25/analysis-trump-and-saudi-collision-oil-bingamans-return-santa-fe/2015081002/</a></p>
<p>"In an earlier column, readers overseas benefited from this writer’s forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column’s analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activated the first week of November. </p>
<p class="speakable-p-2 p-text">President Trump wanted lower oil prices with OPEC and Saudi Arabia pumping more. Two weeks ago, a call from the Middle East confirmed readers of the column had followed the analysis in the Energy Magazine and sold Brent oil — and profited. </p>
<p class="p-text">Oil has slumped under $60 as the delusion of a shortage vanished. In the November issue column, this writer made a call: the oil price would reach $50 as a low. There is no change in that forecast. The price in the commodity market for WTI crude would touch in the very high $40 range before the Saudi-led production cut-back is realized. Why? Again, too much capacity to produce too much oil for demand."</p>
<div class="partner-placement partner-spike ad-gray-border ad-notice ad-paramount-inline partner-placement-visible" id="ad-position-107"><div class="ad-slot" id="ad-slot-7103-nm-farmington-C1279-native-article_link-money-70"><div id="google_ads_iframe_7103/nm-farmington-C1279/native-article_link/money_0__container__"><span style="font-size: 1.5em;">What's the impact on SW oil?</span></div>
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<p class="p-text">Oil demand without commodity traders’ bets on the sanctions against Iranian oil production and export contradicts flagging demand. Some Southwest shale producers, faced with discounts on domestic sales, are exporting oil to world markets and capturing the higher Brent price or differential between the WTI priced Midland domestic and the Brent price for the World. </p>
Fine: Oil – before and after the November election
tag:gomarcellusshale.com,2018-06-26:2274639:Topic:780976
2018-06-26T03:21:25.597Z
Bob Perkins
https://gomarcellusshale.com/profile/BobPerkins
<p class="speakable-p-1 p-text">The complete article is here-> <a href="https://www.daily-times.com/story/opinion/columnists/2018/06/24/fine-oil-before-and-after-november-election/699460002/" rel="noopener" target="_blank">https://www.daily-times.com/story/opinion/columnists/2018/06/24/fine-oil-before-and-after-november-election/699460002/</a></p>
<p class="speakable-p-1 p-text">The Trump Administration is moving towards less royalty rates on Federal land leases, less Bureau of Land…</p>
<p class="speakable-p-1 p-text">The complete article is here-> <a href="https://www.daily-times.com/story/opinion/columnists/2018/06/24/fine-oil-before-and-after-november-election/699460002/" target="_blank" rel="noopener">https://www.daily-times.com/story/opinion/columnists/2018/06/24/fine-oil-before-and-after-november-election/699460002/</a></p>
<p class="speakable-p-1 p-text">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 confidence in OPEC-Russia world price management.</p>
<p class="speakable-p-2 p-text">This is the thrust of the signature world energy domination policy of Secretary Ryan Zinke for the last 16 months. It accounts for the action of OPEC-Russia 10 days ago. Saudi Arabia led OPEC to increase oil production to respond to President Donald Trump, but averted a price shock with gradualism. More output from OPEC offers increased revenue in the very short term.</p>
<div id="module-position-Q_WjI71qQ0M" class="story-asset image-asset"><img src="https://www.gannett-cdn.com/-mm-/72232bbbfcae86c05b9be39dd13c07698b803b00/c=0-0-533-401&r=x408&c=540x405/local/-/media/2018/01/05/TXNMGroup/Farmington/636507731704888237-FMN-Ryan-Zinke-0128.JPG" alt="Ryan Zinke" width="540" height="405"/><p>Ryan Zinke <span class="credit">(Photo: Steve Marcus, AP)</span></p>
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<p class="p-text">It now faces an election to decide majority party control of Congress. Should the Democratic Party win at least in the House of Representatives, President Donald Trump will be set back on energy policy and its action realization. He will be forced to use executive power narrowly. </p>
<p class="p-text">The Democratic Party will prepare for 2020 and the foreclosure of Trump-Zinke on world energy domination through an American petroleum system and public land dispensation. </p>
<p class="p-text">What will the Democratic Party control of energy in Washington and Santa Fe look like?<br/>Imported oil is consistent with a resumption of climate change energy policy which is less carbon in the economy and more renewables as the alternative. </p>
Watch livestream or RSVP January 16, 2018 for Energy Dominance Needs NAFTA at the Heritage Foundation
tag:gomarcellusshale.com,2018-01-13:2274639:Topic:771149
2018-01-13T01:26:12.005Z
Bob Perkins
https://gomarcellusshale.com/profile/BobPerkins
<p>To watch or attend the event click on this link-> <a href="http://www.heritage.org/trade/event/energy-dominance-needs-nafta" rel="noopener" target="_blank">http://www.heritage.org/trade/event/energy-dominance-needs-nafta</a></p>
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<div class="event__subhead"><div><p>Opportunities abound for negotiating a better NAFTA. As the Trump Administration pushes for modernization, one commonsense policy area that should be preserved and improved is energy.…</p>
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<p>To watch or attend the event click on this link-> <a href="http://www.heritage.org/trade/event/energy-dominance-needs-nafta" target="_blank" rel="noopener">http://www.heritage.org/trade/event/energy-dominance-needs-nafta</a></p>
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<div class="event__subhead"><div><p>Opportunities abound for negotiating a better NAFTA. As the Trump Administration pushes for modernization, one commonsense policy area that should be preserved and improved is energy.</p>
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<div class="event__hero-wrapper"><div class="image-with-caption"><img src="http://www.heritage.org/sites/default/files/styles/commentary_header_image_375_mobile_375x196/public/images/2018-01/coal.jpg?itok=xeiSeKFT" alt=""/> After several rounds of negotiation among the United States, Canada, and Mexico, many critical issues remain unresolved.<span class="image-with-caption__photo-credit">iStock</span>
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<div class="event__wrapper"><div class="event__info-time"><p class="event__info-important">Tuesday, January 16, 2018</p>
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<div class="person-list-small__parent-wrapper"><h2 class="person-list-small__heading">Featuring</h2>
<div class="person-list-small__panelist-wrapper"><div class="person-list-small__panelist js-hover-container"><div class="person-list-small__name"><div><div>Bryan Riley</div>
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<div class="person-list-small__title">Director, Free Trade Initiative, National Taxpayers Union</div>
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<div class="person-list-small__panelist js-hover-container"><div class="person-list-small__name"><div><div>Aaron Padilla</div>
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<div class="person-list-small__title">Senior Advisor, International Policy, American Petroleum Institute</div>
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<div class="person-list-small__panelist js-hover-container"><div class="person-list-small__name"><div><div>Daniel Fine</div>
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<div class="person-list-small__title">Associate Director, New Mexico Center for Energy Policy</div>
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<h2 class="person-list-small__heading">Hosted by</h2>
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<div class="person-list-small__name"><div>Nicolas Loris</div>
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<div class="person-list-small__title"><div>Fellow in Energy and Environmental Policy</div>
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<a href="https://twitter.com/NiconomistLoris" target="_blank" class="person-list-small__twitter-handle" title="twitter handle" rel="noopener">@NiconomistLoris</a></div>
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<h2 class="event__description-heading">Description</h2>
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<div><p class="Body">Last year, U.S. Trade Representative Robert Lighthizer notified Congress of the Trump Administration’s intent to modernize the North American Free Trade Agreement (NAFTA). After several rounds of negotiation among the United States, Canada, and Mexico, many critical issues remain unresolved.</p>
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<p class="Body">Opportunities abound for negotiating a better NAFTA. As the Trump Administration pushes for modernization, one commonsense policy area that should be preserved and improved is energy. Canada and Mexico are two of America’s most important trade partners in energy markets. The Trump Administration should build off that success. Strengthening the integration of energy markets among the three countries will unleash the massive amount of energy abundance in North America.</p>
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<p class="Body">Join us as we hear from experts on how enhancing energy trade with Canada and Mexico will result in more jobs and affordable power for American households and help achieve the Trump Administration’s goal of energy dominance.</p>
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Oil and the Saudi Arabia threat Dr. Daniel Fine, New Mexico Center for Energy Policy
tag:gomarcellusshale.com,2017-08-03:2274639:Topic:760377
2017-08-03T04:05:31.726Z
Bob Perkins
https://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>
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<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>
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