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

Posts tagged ‘Governor Susana Martinez’

Dr. Daniel Fine: Trump and oil in trade geopolitics


The full article is here-> Full Article by Dr. Fine

“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 euphoria in Santa Fe among lobbyists who prepare for a new Governor from the Democratic Party.

She will have to decide that the rhetoric of renewable energy is no match for her budget bounty made up of revenue flows from Lea and Eddy Counties. Token demonstrations for higher taxes from oil and gas producers no doubt will occur, but in Santa Fe only the price of oil is the threat that can take the punch off the table.

And here the connected experts publicly answer reporters that the Permian is an exceptionalism in oil and gas: it will never become a basin in a downturn.

However, all the charts and slides converge on upward supply without much on demand to offset the upward slope. It is almost impolite to ask where is the market for the massive supply of oil now and in the near-term future?  What about demand for oil?
China? Not quite as electric cars – yes, Tesla or Chinese versions appear as I-Phone-like technology against the combustion engine.

California, with 40 million people and seven states following its waiver, can set miles per gallon requirements on engines towards zero emissions.

This is the meaning of President Trump’s policy to force California back into the Union where Washington decides on what the combustion engine can and will do.

This a decisive battle over Climate Change and the “Resist” (Trump) movement of the Democratic Party.

After all, it is California which pledged to support the Paris Climate Change Treaty which Trump opposed.”

Gov. Martinez of New Mexico unveils ‘all-of-the-above’ energy plan; first plan in 25 years “There is no reason we should not be an energy leader”


For the complete article use this link–> http://www.abqjournal.com/643822/biz/biz-most-recent/gov-martinez-to-unveil-new-state-energy-plan.html
By Kevin Robinson-Avila / Journal Staff Writer
Published: Monday, September 14th, 2015 at 8:50am
Updated: Monday, September 14th, 2015 at 10:32pm
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ALBUQUERQUE, N.M. — Gov. Susana Martinez on Monday unveiled a broad “all-of-the-above” plan to develop New Mexico’s energy resources, the first such comprehensive policy outline for the state in 25 years.

The governor recommended a broad array of strategies and policies that includes traditional fossil fuels, such as oil, natural gas and coal, and renewables, such as wind and solar, and new technologies, such as “small modular reactors,” to harness nuclear energy.

It’s all about building and diversifying New Mexico’s economy to provide well-paying jobs, Martinez said.

“New Mexico is one of the most energy-rich and energy-diverse states in the nation, and we have an excellent opportunity to utilize this position to grow our economy and create more jobs,” Martinez said in a prepared statement.

“Improving our energy infrastructure, responsibly developing and producing energy of all types and better preparing our workforce for the needs of our energy sector are all critical components not only of a strong economic future, but of helping lead America to energy independence.”

Responses to the plan are likely to be varied, given the broad range of policies it promotes.

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