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

Posts tagged ‘NewMexico’

Dr. DANIEL FINE’s OBITUARY Washington Post 11/13/22


The Washington Post Obituary is here as it appeared in print-> https://www.legacy.com/us/obituaries/washingtonpost/name/daniel-fine-obituary?id=37376417

FINE 

DR. DANIEL FINE 


Dr. Daniel Fine unexpectantly passed away Monday, September 26, 2022, at Aventura Hospital, Aventura Florida. Dan Fine was a great American patriot. Our nation lost a real hero at 88. 

Daniel Fine predicted the end of nations. He predicted the Fall of the Soviet Union in the cold war in his seminal work Resource War in 3-D. This was a major assessment in the raw materials sector of U.S. national security and foreign policy. He redefined the Cold War. In a meeting with William De Clerk, then President of South Africa, Dr. Fine predicted that apartheid would fall. Dr. Fine helped win as well from the Yeltsin Government the contract for the second largest copper mine in the world, Udokan. Three American Presidents got to know Dr. Fine, Jimmy Carter, Gerald Ford, and Joe Biden. Through interviews, tours of MIT, and campaign stops. He knew President Reagan in briefings and many of his administrative offices. 

Daniel Irwin Fine came into the world on Tuesday, June 12, 1934, in New Jersey. The firstborn son of Bill and Eve Fine. He would see his future wife, Helen Fine, at nine years of age in a movie in Hudson NY. Not knowing her yet, as the most beautiful blonde girl in the movie. She became his wife for 65 years of marriage and the love of his life. Helen Fine passed away from Cancer on March 1, 2022. Daniel Fine was a proud soldier in the Army during the Korean Conflict. He used the GI Bill to pay for his college. 

Returning to America, he attended Georgetown University. He was a Gold Key candidate and top of his class. His first degree was in Foreign Service. 

He went on to the University of Florida to get his Ph.D. under the legendary Manning J. Dauer to study and teach political science. Dr. Fine became a pioneer in African studies and furthered greatly the civil rights movement in the south. Professor Clem Cottingham was a lifetime friend and leader in the civil rights movement. Professor Cottingham invited Daniel and the whole Fine family to write a study on African politics for the Ford Foundation while living in Nairobi, Kenya. 

At Harvard University, he was honored by the University as a lifelong Harvard Fellow. At MIT he led the Mining and Minerals Resources Institute with Professor John Elliot and later Professor John Sadoway to create new educational/business technology ventures. While at MIT he published in the International Outlook of Busines Week. He wrote exclusively for the Washington Times; Midland Reporter Telegram, Engineering and Mining Journal, and the Farmington Daily Times. He spoke at Tuft’s Fletcher School for Law and Diplomacy many times and had a room reserved in his honor. Daniel Fine authored, lastly, the state of New Mexico Energy Policy in effect today. Dan Fine’s actions transcended the times. He was sui generis. One of a kind. At the last, he heard the music of Wagner’s Rienzi 

“The Golden orb your heart impressed.” Services previously held.

Published by The Washington Post on Nov. 13, 2022.

Internationally renowned energy expert dies (Dr. Daniel Fine)


BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER  
FRIDAY, OCTOBER 28TH, 2022 AT 4:51PM

As an internationally renowned scholar and expert on energy markets and geopolitics, Daniel Fine helped shape the thoughts and decisions of policy makers and industry leaders over decades in Washington, D.C., and in New Mexico.

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.

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.

Fine, 88, died in Miami on Sept. 26, following complications from surgery.

To those who knew him, Fine was a brilliant, outgoing scholar who dedicated his life to public service, readily sharing his knowledge and experience with everyone. But above all, he was always a true “gentleman,” said former New Mexico Tech President Dan Lopez.

“He was a prince of a man, always cordial and never intrusive,” Lopez told the Journal. “He was gentle, thoughtful, knowledgeable and very kind. I’ll miss him.”

Since 2004, when Fine moved to New Mexico with Helen, his wife of 65 years, the scholar left an indelible mark.

Fine helped coordinate a statewide initiative under former Gov. Susana Martinez to forge a new, strategic plan for energy development. He organized public meetings and conferences across the state to gather input on the potential for everything from oil and gas to solar and wind, analyzing opportunities, challenges and public policies that could assist local communities, said T. Greg Merrion of Merrion Oil and Gas in Farmington.

“He traveled around the state and met with all kinds of people from many different sectors,” Merrion said.

Daniel Fine at the Santa Fe Railyards. Fine, an internationally renowned scholar and energy expert, died Sept. 26, 2022. (Courtesy of William Fine)

He worked for years with local leaders in the state’s northwest region, helping to organize a San Juan Basin Energy Conference there. And he frequently presented to Four Corners Economic Development on energy issues and world affairs.

“He would talk about everything, from the war in Ukraine to oil and gas prices and elections,” Merrion said. “He was actually scheduled to speak in late September, but he died suddenly and very unexpectedly.”

Fine provided expert analysis as well for New Mexico legislators, offering insight on the local impact of world oil and gas prices, said former Democratic state Sen. John Sapien.

“His analysis was always right on the money,” Sapien told the Journal. “He opened our eyes to how fragile the state budget is based on oil and gas.”

But while Fine’s local influence is broadly recognized, his national impact is less known, largely reflecting the scholar’s humble manner.

“He led an incredible life, but he was very modest,” son William Fine told the Journal. “He didn’t go around telling people about all the things he did.”

Born in Newark, New Jersey, Fine lived most of his life on the East Coast.

As a young man, he fought in the civil rights movement, organizing protest events in southern states, first as a doctoral student in political science at the University of Florida, and then as a professor there.

“He organized black Freedom Riders in Florida,” William said. “He and my mom frequently demonstrated and were jailed. At one point, the KKK threatened to kill him.”

Fine knew both Martin Luther King Jr. and Malcolm X.

“He met and coordinated with them,” William said.

He also had a passion for African studies, which he taught for years. In fact, he took his family — including William, wife Helen, and daughter Sharon — to Kenya for two years in the 1970s under a Ford Foundation research grant.

But 1975 marked a sharp turning point for Fine. He refocused on energy issues and geopolitics following the Organization of Petroleum Exporting Countries’ world oil embargo.

Fine remained in academia as an MIT research associate. But he started working directly with industry and government, providing expert advice and guidance to public and private leaders and agencies.

He co-edited a landmark 1980 book — “The Resource War in 3-D: Dependency, Diplomacy, Defense” — that included insight from national experts on U.S. dependency on imported natural resources. It had a significant impact on public thought and policy under former President Ronald Reagan, leading to congressional testimony by Fine, and sought-after advice from senior policy advisers in government and Washington think tanks.

He also had private sit downs with former presidents Gerald Ford and Jimmy Carter, according to William.

In addition, he advised on U.S. relations with the former Soviet Union, having traveled to Russia more than 30 times. And he was a frequent contributor to Business Week, the Engineering and Mining Journal, and the Washington Times, among other publications.

“He did a lot of things for this country at high levels of government, but he always maintained a low profile,” William said. “Some of the stuff he did was top secret during the Cold War.”

Apart from his son and daughter, William and Sharon, Fine is survived by younger brother Jim, 83. Fine’s wife, Helen, died of cancer on March 1, 2022.

The full article in the Albuquerque Journal is here-> https://www.abqjournal.com/2544351/internationally-renowned-energy-expert-dies.html

Commentary: Keep eyes on China/Russia alliance and Ukraine ‘war’ clouds by Daniel Fine


The full article is here-> https://www.daily-times.com/story/opinion/columnists/2022/02/09/china-could-counter-any-us-sanctions-imposed-russia-ukraine-opinion-biden/6707715001/


Dr. Dan Fine and T. Greg Merrion – The Energy Outlook Presentation – Video

Last week 4CED hosted energy thought leader Dr. Dan Fine who spoke on the topic of the future energy outlook under the Biden administration and implications for San Juan County. If you missed it, the meeting was recorded and is posted to the 4CED website.

Watch it here-> https://www.screencast.com/t/ge0EUXjjgqPa

Increasing Natural Gas Trade Between the U.S and Mexico


The Heritage Foundation Background Paper

Increasing Natural Gas Trade Between the U.S and Mexico

July 1, 2019 22 min read Download Report

Authors: Dr. Daniel Fine, Ph.D and Nicolas Loris

 

SUMMARY

Increased energy trade has important economic and strategic significance for the United States and Mexico. Mexico’s energy-market reforms that opened access and improved natural gas trade between American producers and Mexican consumers have been beneficial for citizens in both countries. President López Obrador’s desire to return to energy nationalism threatens those gains. Both the U.S. and Mexico should commit to policies and regulations that continue to open access to markets, improve transparency, and expand opportunities for investment. Doing so will benefit both Americans and Mexicans.

Analysis: Electric cars and the Permian: Saudi Arabia in Lee County by Dr. Daniel Fine


The complete article

“Some 30,000 children marched in Belgium weeks ago against Climate Change. It is only a matter of two years before a few members of Congress, alone with only cameras today, will march at the head of crowds of 500,000 down Pennsylvania Avenue.

It will have its colors; green  — and yellow for the French — as 2020 arrives.

New Mexico Gov. Michelle Lujan-Grisham placed the state in the march which calls for America to join the Paris Agreement on climate change when she joined the U.S. Climate Alliance. But is it all for Green Energy without technology?

So far there is nothing on the road that eliminates carbon. The Green Deal is loaded: it offers “Green Energy” with diversionary political baggage.

Is it around the corner? It is. In six years, Audi-Porsche-VW will have an electric car on I-25 that will be zero-emissions, cost $27,000 (today’s dollar) with a range that beats Tesla.

Too soon to shake heads negatively. The surprise is a mass electric car with a German engineering in a Ford. Indeed, Ford will no doubt bid for the license is this writer’s forecast.

The revolutionary change is green energy and colorless technology. The kids in Belgium would be getting drivers licenses by then. What happens to I-25 or 550?”

Reactions to Delaware Basin news shows misunderstanding of petroleum economics by Dr. Daniel Fine


The article is here-> https://www.daily-times.com/story/money/industries/oil-gas/2018/12/18/delaware-basin-news-reveals-public-misunderstanding-oil-industry-economics/2282224002/

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 New Mexico media, which relies mainly on interviews with petroleum industry spokespersons, got it wrong.

Government numbers came out as 46 billion barrels (Permian total) with 26 in New Mexico. This means nothing but oil in good rock along with technical recovery as an estimate. Some excited “authorities,” who should know better, exclaimed that there was more.

However, the estimate is based on the application of technical means to recover the oil. The reserves of real oil depend on ultimate economic recovery. This means technical based on geology, plus economics. A high price will recover the billions of barrels while a low price will not.

In short, the numbers reflect the rocks without economics.

The Delaware reserves plus the Texas Permian are now there to expand supply over 12 million b/d in the United States.

This writer has warned that world oil demand is sluggish and imprecise with only references to legacy guesswork that the developing world plus China demand will support prices long term or forever. Yet, world oil consumption has increased only 5 percent in the last 10 years.

OPEC, with Saudi Arabia as its leader, has expired as the world administrator of the price of crude oil. At its December meeting in Austria, Qatar quit after nearly 70 years and announced concentration in LNG production and world export as the existing market leader.

OPEC emerged with a serious factional split between OPEC original and OPEC with Russia. There would have been no agreement without Russia and its old Russian Federation members as producers. Moscow is the new world oil price-setter indirectly while OPEC Original becomes a collaborator in cartel for now. Simply put, Saudi Arabia no longer is the “residual supplier” alone.

The production roll-back of 1.2 barrels per day by both “OPEC” is not enough for “balance” supply and demand for world crude oil.  It is being tested daily by commodity traders. In a briefing to New Mexico independent and small producers before the meeting in Austria, this writer warned that 1.7 million b/d was needed for balancing stabilization. Without that size of a production and export reduction, the average price of WTI oil in 2019 will average $50 per barrel.

Nearing 12 million b/d and over the Permian producers voluntarily will be required by this price to revise capital spending and place production into DUC (non-completions) and storage. There is doubt that the export of tight or shale oil would continue if the Brent price falls lower and loses its premium over WTI. A net cutback of Permian between 500,000 to 750,00 b/d should be a non-OPEC response to an oil glut even more serious than 2014.

Saudi Arabia is untouched as an American strategic ally in confronting Iran in the Middle East as a hegemonic threat.

Despite some Republicans and the Democratic Party in Congress, violation of human rights over the death of a Saudi journalist and critic of the Crown Prince will not override U.S. national interests in the Middle East.

President Trump has not deviated from post—World War Two foreign and defense policy.

Trump wants low oil prices for American consumers and forced OPEC this summer to pump more to offset export sanctions on Iran.

Still, with OPEC under a deep division which no President could achieve since 1973, Trump as a geopolitical manager of world oil has removed about 500,000 b/d between January and December of 2018. America, via Trump and without a formal cartel alignment, determines much of the price of world oil.

The United States and its Southwest tight and shale oil has changed from dependence on world oil to domination. Never again can OPEC engage the U.S. in a price and market share war as it did in 2014-2016 through supply acceleration in an oversupplied world market.

WTI emerges as the new world price. It is American barrels that set the price and OPEC is a price-taker. Since there are nearly 50 billion barrels in reserve in New Mexico, how will the Permian producers set a return on investment in a free market for petroleum?

Dr. Daniel Fine is the associate director of New Mexico Tech’s Center for Energy Policy and the State of New Mexico Natural Gas Export Coordinator. The opinions expressed are his own.

Oil leaders: OPEC threatening U.S. economy and New Mexico’s lifeblood; Nation has lost 400,000 oil and gas jobs in past two years


The full article is here-> http://rdrnews.com/wordpress/blog/2016/10/08/oil-leaders-opec-threatening-u-s-economy-and-new-mexicos-lifeblood-nation-has-lost-400000-oil-and-gas-jobs-in-past-two-years/

Dan Fine, an oil economist with the New Mexico Center for Energy Policy, speaks at a conference in Carlsbad recently about how foreign oil imports are hurting the American oil industry. Fine said OPEC has flooded the U.S. market with foreign oil since 2014 in an intentional effort to put U.S. producers out of business, while Saudi Arabian-backed companies are trying to buy American companies in an effort to control the flow of oil within U.S. borders. (Hobbs News-Sun Photo)

CARLSBAD — Oil experts say America is under attack by Saudi Arabia and OPEC, but instead of bombs, the OPEC oil cartel is dropping millions of barrels of oil on the U.S. economy in a clear effort to undermine the nation’s oil producers and kill any chance of American energy independence.
The first to feel the flood of foreign oil into the U.S. are the independent oil producers, whose stripper wells in Texas alone account for 20 percent of the nation’s oil and gas production, said Judy Stark, executive vice president of the The Panhandle Producers & Royalty Owners Association.
Stark was one of the half dozen speakers at an event of 25 people Sept. 27 in Carlsbad where the Panhandle Import Reduction Initiative, a group of independents seeking import quotas on foreign oil, met to announce their “white paper” that will be presented to the next president.
“We know OPEC has toyed with our market for many years but what I see coming now is a threat, without a doubt, to our national security,” Stark said. “The Middle East wants control of the U.S. market. When they came out and decided to flood the market with oil and drive U.S. producers out of business, their whole point was to take back their lost market share — our production. They are telling us is they are not going to let us produce our own natural resources. Guess what? They have done a pretty good job.”
The Sept. 27 Carlsbad meeting was a first battle cry that Dan Fine, a co-founder of the initiative and oil economist with the New Mexico Center for Energy Policy, said won’t be taken up by the nation for two years — when the rest of the country wakes up and finds it is too late to stop OPEC from controlling America’s energy industry.
“We are pioneers,” Fine said. “My point is, we are sitting here today 18 months to two years ahead of everyone. Sometime in early 2018, the country will discover what we are having a discussion about here today.”

What’s at stake?

What’s at stake is some 276 billion barrels of oil reserves now estimated to exist in the United States.
According to Fine, that number surpasses what Saudi Arabia has and they are terrified. Fine quoted Harold Hamm, CEO of Continental Resources, concerning the shale oil discoveries made in the United States.
“The United States has increased oil production by an enormous 65 percent over the past five years,” Fine said, quoting Hamm’s statement. “We can and should use our nearly unlimited oil and gas supplies to drive a stake through the heart of OPEC forever.”

Oil producers want U.S. to restrict imports


By Kevin Robinson-Avila / ABQ Journal Staff Writer

The full story is here-> http://www.abqjournal.com/803674/oil-producers-want-u-s-to-restrict-imports.html

“ALBUQUERQUE, N.M. — New Mexico and West Texas oil producers are gearing up for a national effort to draw all major U.S. oil basins into a grassroots movement to restrict crude imports from overseas.

Leaders of the Panhandle Import Reduction Initiative, which launched in April in the Permian Basin, are seeking public meetings and rallies in other oil-producing zones to convert what’s now a regional initiative into a national movement, said Daniel Fine, associate director of the New Mexico Center for Energy Policy, who is working with local producers.

Those efforts will kick off in September with a presentation at the fourth Southeastern New Mexico Energy Summit in Carlsbad. After that, initiative leaders expect to hold public meetings in other shale oil basins, including the Bakken in Montana and the Dakotas and the Eagle Ford in South Texas.

“We’ll take it to Carlsbad first, and then it goes national,” Fine said. “We want to organize public rallies with producers and field workers whose jobs are at stake. This is a grassroots effort in the basins where the oil bust has taken place.”

The initiative is a reaction to the Organization of Petroleum Exporting Countries’ aggressive oil-pumping policies since mid-2014, which have helped drive global oil prices to ten-year lows and thrust domestic U.S. production into crisis. Initiative leaders say those policies were a deliberate effort by the mid-Eastern members of OPEC, particularly Saudi Arabia, to drive U.S. producers out of business.

Banning crude imports from overseas would undercut OPEC’s ability to manipulate prices, they say, and allow U.S. producers to ramp up domestic production to supply the U.S. market.”

TV BROADCAST:OIL IMPORT QUOTAS RALLY


Published on Jun 21, 2016

“FARMINGTON – A group of oil and gas executives and energy policy experts from the Texas Panhandle and New Mexico’s piece of the Permian Basin are pushing a plan to restrict seafaring imports of foreign oil from coming into the U.S. in order to stabilize the oil and gas industry and bring back lost oilfield jobs.

The group’s plan, which would exempt crude oil imported from Mexico and Canada, is an effort to push back against the price wars the group said are being waged by OPEC, or the Organization of the Petroleum Exporting Countries, led by Saudi Arabia.

Members met at the School of Energy at San Juan College Tuesday to promote the “Panhandle Import Reduction Initiative,” which they say could be implemented in multiple phases within 90 days of the next administration, with the ultimate goal of reducing heavy crude oil imports to about 10 percent of demand.” SEE VIDEO-> OIL IMPORT QUOTA RALLY: TV BROADCAST