State taxes on oil and gas production plus royalties on New Mexico lands developed by the energy industry which have flowed into the state's permanent funds are the source of almost half of the state's revenues. Forty years ago during the first energy 'crisis,' pundits predicted mankind would exhaust the earth's fuel reserves, possibly within a decade or two.
Instead, energy supply and demand grew rapidly and today's predictions for future reserves call for centuries of remaining resources. How did this happen? Will today's view be wrong again? Mr. Albin will provide insights to these questions and touch on current topics such as fracking, water use, the Keystone Pipeline, alternative energy, and climate change.
David Albin's presentation at the Embassy Suites located at 1000 Woodward Pl. NE begins at 7:30 a.m. and a light breakfast will be served. The public is invited to attend, but RSVPs are required.
Register here or contact Sara Lucero at (505) 277-6413.
