1. The New Economics of Oil and Gas: Implications for Texas and the U.S.
Presentation to the Institute of Supply Management
Farmers Branch, Texas
Bernard L. Weinstein, Ph.D.
Associate Director, Maguire Energy Institute
Cox School of Business
Southern Methodist University
Dallas, Texas
January 14, 2016

2. NEW BOOM IN THE OIL PATCH

3. BIRD’S EYE VIEW OF A FRAC SITE IN THE PERMIAN BASIN

11. GROWTH IN OIL PRODUCTION: US v. OPEC

12. BATTLE OF THE SHEIKS VS. SHALE HAS BEGUN

15. $200 billion of deferred E&P projects worldwide

16. 250,000 Announced Layoffs and Counting: Is This the New Normal?

18. STACKED RIGS IN MIDLAND, TEXAS

19. IDLED OFFSHORE DRILLING RIGS-GULF OF MEXICO

22. IS CHEAP GAS GOOD FOR THE US? FOR TEXAS?

23. THE TRUCKING INDUSTRY IS ON A ROLL

25. Freight Loadings Forecast
Expect 2006 levels to be exceeded in 2016
2006 Peak
Updated 9/30/2014
Source: FTR Trucking Update Report

27. 40 YEARS OF CAR/LIGHT TRUCK SALES

30. BNSF OIL TRAIN IN NORTH DAKOTA

33. AIRLINES EARNING RECORD PROFITS

34. MANUFACTURING OUTPUT IS FALLING. WHY?
Growth Rate Calculations | US recession dates

35. : HOW LOW CAN IT GO?

36. Historical and Forecasted Oil and Natural Gas Prices Futures Prices as of 9/15/15
Oil price now $54 for December 2023 delivery.

39. IRAN: THE GREAT UNKNOWN

40. OIL PRICES AND INVESTMENT: A 65-YEAR PERSPECTIVE

41. THE “PETROSTATE” OF AMERICA