Skip to comments.Saudi-led oil price war impacts N.C.& Atlantic offshore drilling
Posted on 06/01/2015 2:43:38 PM PDT by brownwill6767
Saudi Arabias unwillingness to follow its longstanding policy of propping up oil prices means North Carolina might have to wait for offshore energy exploration.
Thats the assessment of Daniel Fine, associate director of the New Mexico Center for Energy Policy and project leader of a group developing New Mexicos state energy policy. Fine described a Saudi-led oil price war during a presentation to the John Locke Foundations Shaftesbury Society.
In the video clip below, Fine explained how falling oil prices tied to Saudi Arabias new policy affect North Carolinas energy options.
(Excerpt) Read more at lockerroom.johnlocke.org ...
Looks like the price war will be with us a while. There was an article posted the other day-maybe on FR, not sure where I saw it, about a new fracking method that doesn’t use water. That was the only holdup to fracking in Saudi. Suddenly those declining oil fields in the Kingdom have a new lease on life.
I’m beginning to “wonder” if ISIS isn’t the plan of the overlords to capture/control Saudi oilfields, and return to high oil prices.
New Mexico is a landlocked state. I’m dubious about their veracity on the subject of anything going on in the ocean a thousand miles away. ( mileage is estimated )
If you look at the 1 hour video there is a great intro by the CEO of the Jesse Helms Center about Dr. Fine.
Dr. Fine has long been a friend of North Carolina working closely as a trusted advisor to the late Senator Jesse Helms on many geopolitical
Dr. Daniel Fine of the New Mexico Center for Energy Policy discusses North Carolinas approach to shale gas and hydraulic fracturing, or fracking. Fine offered these comments during a Feb. 27, 2012, presentation to the John Locke Foundations Shafesbury Society. Video courtesy of CarolinaJournal.tv. Watch full-length video of JLF events here:
Dr. Daniel Fine discusses North Carolinas approach to shale gas and hydraulic fracturing and takes on the enviromentalists (two minutes)
The full one hour video can be seen here>North Carolina?s approach to natural gas fracking >http://lockerroom.johnlocke.org/2012/02/27/north-carolinas-approach-to-natural-gas-fracking/
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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