The San Juan Basin Energy Conference was founded to provide a forum for exchange of ideas regarding the development of the abundant energy resources found in the region. The theme of this year's conference is "Looking to the Future". A recent influx of dynamic oil and gas operators, bringing innovative applications of modern technology to the Gallup sandstone and the Mancos shale formations, promises to restore the San Juan Basin to its place as one of leading basins in the United States.
Very good.
Blind-sided ... blind-sided and gob-smacked. The industry will be blind-sided and gob-smacked on account of __________________ .
I hope that the people at this conference temper their exuberance with the knowledge that Governorlissima Lujan and her co-conspirators in the NM Legislature fully intend to destroy the oil and gas industry.
The San Juan Basin! My home in 1954-1956, and 1973-1977! wish I was there now! Been home many times! Now Trapped in the Ozarks.
Solar Everyone knows it. Electricity and hot water
Free. Forever
What one must realize that due to fracking in the USA we are sitting on great resources that will last many years into the future. Other nations that also sit on similar wealth have not exploited it yet. They are still going after the “easy oil.” They will in the future.
Yes, oil is a finite resource but not in our lifetimes or our grandchildren’s lifetimes. It is all about cost of recovery. When one considers surface shale oil by retort it is almost infinite but other sources of energy in the future will be more economic, and particular nuclear via advanced reactors using the thorium cycle or even plutonium reactors but that is a different subject laden with politics.
We have vast energy resources to be exploited if politics will get the hell out of the way.
PS
In 1963 I filled up my beat up old pickup for 37 cents a gallon. Today I filled my huge Ram 1500 for $2.35 cents a gallon. In inflation adjusted dollars it was $3.07 dollars in 1963. I think the oil companies are doing a pretty good job.
My huge Ram 1500 hundred gets far better gas mileage due to the incredibly superior engines that Detroit has engineered.
Unfortunately I can no longer work on these new modern engines. In the past I could. If it “aint right” I must take it to the dealer or a good mechanic. They are complex.
Today I am driving a far larger vehicle at less cost per mile.
Ping