Letter from the President

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Review past letters from the President below.

Headline Source
From the President - November 2015 November 1, 2015
Don't Ignore Your Tax Deductions!
It’s hard to believe that I am writing a column for November when the temperature is still in the mid-90’s and the GCAGS Convention starts this coming weekend! Oh well, I guess the HGS Editorial Board needs to keep production on time.

From the President - October 2015 October 1, 2015
Small Changes-Big Consequences
Change is in the air at the American Association of Petroleum Geologists (AAPG) and your opinion matters! (Written by President-Elect: John Jordan.)

From the President - September 2015 September 1, 2015
Support the GCAGS
Welcome everyone to another great year for the Houston Geological Society membership. We have exciting events for everyone this year starting with the GCAGS Convention this month. Of course we have exciting talks for September as well.

From the President - June 2015 June 1, 2015
Presidential Ponderings
It’s my last chance to ponder. And it is a unique opportunity to wonder and express thanks.

From the President - May 2015 May 1, 2015

From the President - May 2015


Presidential Ponderings

It’s nearly the end; one more column to ponder after this and much of it usually thanks the numerous members and sponsors who have had an impact on HGS activities throughout the fiscal year. This has led me to review some of my ponderings and look back at whether I was successful or not. Fortunately, the momentum of HGS is such that I didn’t break anything, although there was a lot of bending.

From the President - April 2015 April 1, 2015

From the President - April 2015


Presidential Ponderings

Unlike last month, the sun is shining, the temperature is nice, but I am still pondering anew. Because of the late 4th quarter downturn, the 1st quarter continuance, and the need to tell members that “It’s only over if you want it to be;” I’m pondering the present and the past of oil field employment.

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?

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 - 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.