Analysis by the father of American Geopolitics Dr. Daniel Fine, MIT.

Posts tagged ‘environmental’

NM Energy Outlook Summit: Forecasts hazy for industry in flux by Sal Christ Reporter Albuquerque Business First


For the complete article use this link–> http://www.bizjournals.com/albuquerque/blog/morning-edition/2015/11/nm-energy-outlook-summit-forecasts-hazyfor.html

Panelists at Business First’s second annual New Mexico Energy Outlook Summit yesterday offered but one common ground: Something needs to be done to turn the industry around.

Emceed by ABF publisher Candace Beeke, the event brought together Dr. Daniel Fine, associate director of the New Mexico Center for Energy Policy at New Mexico Tech and a senior policy analyst in the New Mexico State Department of Energy Minerals and Natural Resources; Ron Darnell, senior vice president of public policy for PNM Resources (NYSE: PNM); Bob Gallagher, president of RMG Consulting; and Regina Wheeler, chief executive officer of Positive Energy Solar.
Ron Darnell, senior vice president of public policy at PNM Resources, speaks during Thursday’s New Mexico Energy Outlook Summit while Regina Wheeler (left), CEO of Positive Energy Solar, looks on.

Over the course of 90 minutes, which included a keynote speech delivered by Fine and a panel discussion, the group addressed questions about the state of the energy industry in New Mexico and the United States, what 2016 might look like for the oil and gas industry and possible solutions to the current industry slump. While driven, in part, by audience-submitted questions, everyone offered a much differing perspective.

In his keynote speech, Fine said he was “coming with realism and bad news” and believed that while no one can forecast the price of oil, “we should prepare for 2003 prices.” He estimated that the price of oil could drop to the $22 to $28 range by June 2016.

Fine also said that the state could see a 10 percent reduction in shale production by that time, as well. He cited increased foreign production of oil over the last couple of years, China’s stabilization at a lower growth rate, decreased commodity demand and the Organization of Petroleum Exporting Countries’ (OPEC) price war with the U.S. shale industry.

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Publisher’s Note: Energy Industry Critical to New Mexico, Your Business


For the complete article use this link–> http://www.bizjournals.com/albuquerque/blog/2015/11/publishers-noteenergy-industry-critical-to-new.html by Candace Beeke is the president & publisher of Albuquerque Business First

It’s time to talk seriously about the energy industry in New Mexico. And you have some work to do.

Whether your business is directly involved in this industry, it’s very much tied to its outcomes — and right now, there’s much concern about that in the state. After all, some 30 percent of New Mexico’s tax base comes from oil and gas. And you’ve read the headlines we’ve been reporting on how that sector is faring. If you haven’t, let me recap — it’s a fracking mess. The price of oil dropping more than a year ago has resulted in rapid cost cutting from many of the energy majors, including ConocoPhillips (NYSE: COP) and Halliburton Co. (NYSE: HAL), both of which have major operations and workforce in New Mexico — although smaller now.
Some 30 percent of New Mexico’s tax base comes from oil and gas.

But that’s just one sector of energy. At Albuquerque Business First’s Energy Outlook event Nov. 12, we will hear from the CEO of one of the fastest-growing companies in New Mexico — Positive Energy Solar. And Positive wasn’t the only energy player on ABF’s List of gazelle companies this year. Affordable Solar Group ranked high and made Inc.’s list of fastest-growing companies, as well.

In addition to solar, we will hear from New Mexico energy giant PNM Resources (NYSE: PNM), which has its hands stretched into multiple sectors of energy. We’ve also added oil and gas expert Bob Gallagher, whom many of our readers will remember from his decade of leading the state’s oil and gas association, NMOGA, as well as his time as advisor to the U.S. Secretary of Energy. Gallagher tells me it’s not all doom and gloom in New Mexico oil and gas. In fact, he knows of pockets in the state that are growing rapidly and seeing strong new investment.
But New Mexico doesn’t operate in an energy vacuum. It’s critical for our companies — whether involved directly in energy or on the periphery of it, as most of us are — to understand the global and national challenges facing this industry. Dr. Daniel Fine from the Center of Energy Policy at New Mexico Tech will give us that broad overview and tell us what’s coming in the future.

Editorial: Governor’s energy plan is excellent future blueprint


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.

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.

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.

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.

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.

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.

Amarillo to host PPROA event ; Leading energy expert Dr. Daniel Fine to deliver breaking news keynote


Amarillo to host PPROA event

Posted: September 4, 2015 – 11:19pm  |  Updated: September 7, 2015 – 10:25pm
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Kel Seliger: Texas state senator, R-Amarillo.

Kel Seliger: Texas state senator, R-Amarillo.

A New Mexico energy policy expert will headline the 86th annual gathering of Panhandle Producers and Royalty Owners Association.

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.

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.

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.

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.

“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.

“Let me just say that (much), and I’m reserving that for Amarillo.”

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.”

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.

The schedule for Sept. 23 will include a keynote luncheon speech by Texas Land Commissioner George P. Bush.

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.

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.

Tinterra is former executive director of the Railroad Commission of Texas, a regulatory expert and licensed geologist.

The Sept. 24 activity is a golf tournament at the Ross Rogers course.

PPROA has about 640 members and its conventions regularly draw 200 to 300 participants, Executive Vice President Judy Stark said.

For a convention schedule and registration details, visit www
.pproa.org or call the association office at 806-352-5637.

Energy expert Daniel Fine discusses impact of falling global oil prices John Locke Foundation (video)


Published on Aug 21, 2015 Please Share!

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 (CarolinaJournalRadio.com) Program No. 640. Video courtesy of CarolinaJournal.tv.

Podcast: I Spy Minute – Dr. Daniel Fine On speculation: Oil & Gas


What do money markets, antiques, gold, corn, wheat, and stocks in companies like Google or Apple have in common? They’re bought by speculators.

And yet speculators, especially in oil, have become the bogeyman of economics. On tomorrow’s I Spy Radio Show (11-noon, kykn.com), we talk with Dr. Daniel Fine about America’s energy resources and energy policy. What role do speculators have in the price of oil?

And find out why those who think high gas prices might hurt Obama’s re-election may be in for a big surprise.

  • Listen live on the radio, Saturdays 11-noon (Pacific time) via 1430-AM in the greater Salem Area (Corvallis to Tigard, Lyons to Grand Ronde)
  • Listen live from anywhere in the world via kykn.com (11-noon on Saturdays) via the “listen live” tab up top of web page
  • Download the show after it airs. Just go to the Current Show page. The download link becomes active shortly after noon each Saturday.

Energy Expert, Dr. Daniel Fine takes on the “opposition” against Shale Gas in North Carolina


Dr Daniel Fine takes on the opposition to Shale Gas and Fracking in the video below: Go to the John Locke Foundation website (locker room) for complete video

Please send this youtube video on to your friends and family–spread the word on this all important issue!

http://youtu.be/4Lbn9diK1PA

Dr. Fine spoke in Raleigh, NC in a lecture sponsored by the John Locke Foundation and the Jesse Helms Center entitled “Shale Gas Wars: From Pennsylvania to North Carolina

“While North Carolina struggles with an ongoing abysmal employment situation, fracking is providing a welcome boon for North Dakota, Pennsylvania, and Ohio, among others. Being a latecomer in the game could have its own benefits, however; as Daniel Fine of the New Mexico Center for Energy Policy has explained, North Carolina is well positioned to survey and adopt the best practices, the best technology, and the best legal landscape. And the Deep River Basin in Lee and Chatham counties offers an especially promising area for development.”

 

Dr. Daniel I. Fine works with the New Mexico Center for Energy Policy. He is a longtime research associate at the Mining and Minerals Resources Institute, MIT. Fine is also a policy adviser on nonconventional oil and gas. He is co-editor of Resource War in 3-D: Dependence, Diplomacy and Defense, and has contributed to Business Week, the Engineering and Mining Journal and the Washington Times. Fine has testified on strategic natural resources before the U.S. Senate committees on Foreign Affairs and Energy and Natural Resources. In this speech, he discusses “Shale Gas Wars: From Pennsylvania to North Carolina.”

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