Letter from the President

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Review past letters from the President below.

Headline Source
From the President - May 2014 May 1, 2014 Barry Katz

From the President - May 2014

From the President - June 2014 June 1, 2014 Barry Katz

From the President - June 2014

From the President - September 2014 September 2, 2014

From the President - September 2014

From the President - October 2014 October 1, 2014

If it’s August in Houston it’s October HGS Bulletintime! I attended the AAPG Leadership Days in Snowbird, Utah from August 8 to 10. Getting that close to awesome geology was quite an experience.

From the President - November 2014 November 1, 2014

It’s November, time for Thanksgiving and giving thanks.

From the President - December 2014 December 1, 2014

We are in the middle of October.

From the President - January 2015 January 1, 2015

Greetings and Happy New Year! The New Year brings us new opportunities, new decisions, and new ponderings. As I write this column, oil prices are hovering around $75 per barrel.

From the President - Februrary 2015 February 1, 2015

Well, as Christmas has come and gone, it’s time to ponder what you might want to read in February. It will be old  news by then, but gasoline is under $2.40 per gallon on the west side of Houston.

From the President - March 2015 March 1, 2015 Ken Nemeth

From the President - March 2015


Presidential Ponderings

It’s a wet and cold day in January as I ponder what to expect from oil by the time you read this in March. As I look at the different web sites I see that the WTI price is $45.60 for February delivery and natural gas is $2.88 and gasoline by my house is $1.85 to $1.89. From last month, that’s down $30.00 for oil, about $0.84, and $0.84 respectively, from my ponderings last month. Goldman Sachs is calling for oil to fall to $40.00 and Bloomberg TV says that oil will make a significant recovery in two to three years. Forbes doesn’t know where the floor is but doesn’t expect oil to go above $60 through 2016. I have heard of early retirement packages, quiet layoffs, global layoffs, rig demobilizations, and budget cutbacks. Where will all of this take us?

From the President - March 2015* March 1, 2015

From the President - March 2015


Presidential Ponderings

It’s a wet and cold day in January as I ponder what to expect from oil by the time you read this in March. As I look at the different web sites I see that the WTI price is $45.60 for February delivery and natural gas is $2.88 and gasoline by my house is $1.85 to $1.89. From last month, that’s down $30.00 for oil, about $0.84, and $0.84 respectively, from my ponderings last month. Goldman Sachs is calling for oil to fall to $40.00 and Bloomberg TV says that oil will make a significant recovery in two to three years. Forbes doesn’t know where the floor is but doesn’t expect oil to go above $60 through 2016. I have heard of early retirement packages, quiet layoffs, global layoffs, rig demobilizations, and budget cutbacks. Where will all of this take us?