Moisture is usually welcome in New Mexico although there is grumbling out of northwestern oil and gas fields where a wet winter has left service roads impassable.

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President Obama Opens Offshore Oil and Gas Drilling w New Bio Fuel Fighter jet at Vandenberg AFB Energy Security and Independence President Obama announces plans to open new offshore areas for oil and gas development in ways that protect the environment and as part of a larger strategy to ensure energy security and independence.

(1/27/10) Barack Obama–State of the Union: “To create more of these clean energy jobs, we need more production, more efficiency, more incentives. That means building a new generation of safe, clean nuclear power plants in this country. It means making tough decisions about opening new offshore areas for oil and gas development. It means continued investment in advanced biofuels and clean coal technologies.” Background Article: “Obama Said to Seek Billion in Nuclear-Power Loan Guarantees”: www.bloomberg.com

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March 15 (Bloomberg) — Bloomberg’s Heidi Couch reports on Chinese oil and gas companies’ acquisitions of overseas energy assets. Cnooc Ltd., Chinas biggest offshore oil explorer, agreed to buy a 50 percent stake in Argentine producer Bridas Corp. for .1 billion, adding 318 million barrels of reserves as Chinese fuel demand surges. petrochina Co. and Royal Dutch Shell Plc have offered to acquire Arrow Energy Ltd. in Australia. Bloomberg’s Haslinda Amin also speaks. (Source: Bloomberg)