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Halbritter: new Point Place Casino is long-term investment
SULLIVAN — The Oneida Nation had studied the Bridgeport area in the town of Sullivan in Madison County and believes the newly opened Point Place Casino “will serve this particular area really quite well.” That’s according to Ray Halbritter, Oneida Indian Nation representative and Nation Enterprises CEO. “We really looked for a long-term investment when […]
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SULLIVAN — The Oneida Nation had studied the Bridgeport area in the town of Sullivan in Madison County and believes the newly opened Point Place Casino “will serve this particular area really quite well.”
That’s according to Ray Halbritter, Oneida Indian Nation representative and Nation Enterprises CEO.
“We really looked for a long-term investment when we thought about building here,” says Halbritter.
Halbritter spoke with CNYBJ after the Oneida Nation formally opened the $40 million Point Place Casino on March 1.
Point Place Casino, located at 450 Route 31 in the Bridgeport area of Sullivan, is the latest Oneida Nation venture in Central New York.
It operates the Turning Stone Casino Resort in Verona and the Yellow Brick Road Casino in Chittenango. It also runs the Tin Woodman’s Flask, a 17,000-square-foot wine and spirits store in Chittenango near the Yellow Brick Road Casino, which opened last November.
The Oneida Nation also owns Maple Leaf Market, a convenience store in Sherrill. It plans to open a Maple Leaf Market on Route 5 in Chittenango and additional locations in 2018 as well.
When asked if spreading its business footprint is part of the Oneida Nation’s plan for growth, Halbritter replied, “This is our homeland.”
“We’re not like a company that will come in and be here for a while, sell out, and go someplace else. This is our homeland. We’re not going anywhere. That’s one of the differences between the Oneida Nation and any other business. We are here for the long term. We think in terms of the long term, and we invest in our community,” says Halbritter.
About Point Place Casino
The doors of Point Place Casino on March 1 opened to a rush of patrons at 10 a.m., the first in a line of people waiting outside for the casino to open its doors.
The 65,000-square-foot facility is located near the corner of Bridgeport-Kirkville Road, just a few hundred feet from the border with the town of Cicero.
In his remarks at the ceremony, Halbritter called it a “very exciting day.”
“Point Place Casino will provide residents in Cicero, Clay, Fulton, Syracuse, Bridgeport, and people throughout the region and beyond a new destination for food, entertainment, and fun,” said Halbritter.
Point Place Casino derives its name from “its picturesque location, surrounded by a number of the area’s beloved lake points,” according to the casino’s website.
The casino has created more than 200 full- and part-time jobs that focus on gaming, food and beverage, maintenance, security, and management. The project also produced 250 construction jobs.
Syracuse–based Hayner Hoyt Corp. helped build the casino, according to Ed Allmann, VP of enterprise marketing and sales at Oneida Nation Enterprises.
Hayner Hoyt worked in partnership with the Central-Northern New York Building & Construction Trades Council (CNNYBTC) on the project, Pat Costello, the council’s area representative, noted in his comments.
CNNYBTC represents about 5,000 construction workers and 17 member unions, according to its website.
The new smoke-free Point Place Casino will include a gaming floor with nearly 500 slot machines and 20 table games. It has two, fast-casual, counter-service restaurants, including the newest location of Wicked Good Pizza, the pizza shop that originated at the Oneida Nation’s Yellow Brick Road Casino in Chittenango and Turning Stone Resort Casino in Verona.
Point Place Casino also includes Burgers of Madison County, a restaurant offering burgers and milkshakes. The venue has two bars, the Fireside Lounge and Paddle Bar. It is also introducing a second location of Opals Confectionary, a chocolatier and bakery, which also operates at Turning Stone.

Maple syrup added to New York Grown & Certified program
Maple syrup has joined produce, beef, poultry, Christmas trees, and other products in the New York State Grown & Certified program. The program promotes New York’s agricultural producers and growers who follow food safety and environmental sustainability standards. Standards differ by product. For instance, to qualify to be New York State Grown & Certified beef,
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Maple syrup has joined produce, beef, poultry, Christmas trees, and other products in the New York State Grown & Certified program.
The program promotes New York’s agricultural producers and growers who follow food safety and environmental sustainability standards. Standards differ by product. For instance, to qualify to be New York State Grown & Certified beef, cattle must spend two-thirds of their lives in New York.
For maple syrup, the syrup must be sourced from New York maple trees and processed in New York state. To meet the food-safety standards, participants must have successfully completed a maple food-safety class — developed by the Cornell Cooperative Extension and the Western New York Maple Producers Association — and must follow food-safety best practices that are subject to an onsite audit, the state said in a news release.
Also, to qualify, a maple producer must participate in an environmental-management program that promotes sustainability and keeps forests healthy and productive. The New York State Agricultural Environmental Management program, administered through the Soil and Water Conservation Districts, is one such program. The American Tree Farm System’s Certified Tree Farmer program is another.
When the program was announced in February, there were several Central New York maple farms enrolled from the start, including: Adirondack Natural Products Inc., in Croghan, Lewis County; Hamley’s Maple, in Barton, Tioga County; Maple Hollow Farm, in Hannibal, Oswego County; Silver Hill Maple, in Turin, Lewis County; and Sweetrees Maple Products, in Berkshire, Tioga County.
New York state ranks second in maple-syrup production, behind only Vermont.
The state estimates maple farms contribute more than $140 million to the Empire State’s economy each year.
“Maple production in New York is thriving once again and it continues to be a driving force for this state’s agricultural industry,” Gov. Andrew Cuomo said in the release. “Expanding the New York State Grown & Certified program to include maple means we can promote more of New York’s finest producers, connect consumers to high-quality products, and support the growth of local communities across the state.”
Maple Weekend events will be hosted by farms around the state the weekends of March 17-18 and March 24-25. Some 178 maple farms in 45 upstate counties are expected to participate with more than 400,000 visitors attending, the release stated.
New York State Grown & Certified was started in 2016 to help meet growing demand for locally grown foods. The Department of Agriculture and Markets supports Grown & Certified producers through a marketing campaign including labels on products, promotional materials, and sales materials.
In addition to maple producers, 77 fruit and vegetable growers and 15 Christmas-tree growers — operating nearly 50,000 acres of farmland in the state — currently participate in the program, according to the state. There are also 16 oyster growers in the program, and nine dairy processors participating, representing nearly 1,400 dairy farms across New York state.
Producers interested in learning how to qualify for the program can contact the Department of Agriculture and Markets at (800) 554-4501 or email NYSGrownAndCertified@agriculture.ny.gov.

Carthage Hospital’s outpatient therapy- services clinic moves to main campus
CARTHAGE — The outpatient therapy-services clinic of Carthage Area Hospital was scheduled to begin operations at the hospital’s main campus on March 12 after relocation. The Carthage Therapy Services outpatient clinic had been operating at 3 Bridge St. in the Carthage Professional Building and was set to move to the hospital’s main campus at 1001
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CARTHAGE — The outpatient therapy-services clinic of Carthage Area Hospital was scheduled to begin operations at the hospital’s main campus on March 12 after relocation.
The Carthage Therapy Services outpatient clinic had been operating at 3 Bridge St. in the Carthage Professional Building and was set to move to the hospital’s main campus at 1001 West St. in Carthage.
It relocated from clinical space it occupied since early 2008, the organization announced.
The move affects nine employees, Kenneth Eysaman, strategic communication associate, tells CNYBJ.
The change brings the therapy-services clinic under the same roof as the medical-imaging unit, which therapy-services patients often use. The move also represents an “adaptive reuse” of updated space that previously housed the hospital’s skilled-nursing unit. That unit ended operations at the hospital in September after all residents were transferred to other North Country facilities.
“This investment puts our patients first while improving their access to a wider menu of care on the main hospital campus,” Rich Duvall, CEO of Carthage Area Hospital, contended in a hospital news release. He noted that Carthage Therapy Services new home for its outpatient clinic is a larger facility that is “conveniently located down the hall” from its medical imaging staff.
The move makes “strategic use” of unused space in the hospital and a chance to “evaluate” clinic space at the Carthage Professional Building for future use, Duvall added.
“We are excited about this move, which will improve the delivery of care for Therapy Services patients,” Cheryl Tousant, director of therapy services at Carthage Area Hospital, said. “We have taken positive, proactive steps to ensure it is the least disruptive as possible for our patients as we look forward to treating them in our new location.”
Carthage Therapy Services says it provides outpatient and specialty physical and occupational-therapy services.
Established as a rural community hospital in 1965, Carthage Area Hospital is a 25-bed hospital, serving about 83,000 residents in Jefferson, northern Lewis, and southern St. Lawrence counties.
The hospital formed a clinical affiliation with Syracuse–based Crouse Health last year.
New York egg production falls 2 percent in January
New York farms produced $42.8 million eggs in January, down 2 percent from 146.2 million eggs in the year-ago period, the USDA’s National Agriculture Statistics Service (NASS) recently reported. The total number of layers in the Empire State decreased by nearly 3 percent in January to 5.54 million from 5.7 million a year prior. New
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New York farms produced $42.8 million eggs in January, down 2 percent from 146.2 million eggs in the year-ago period, the USDA’s National Agriculture Statistics Service (NASS) recently reported.
The total number of layers in the Empire State decreased by nearly 3 percent in January to 5.54 million from 5.7 million a year prior.
New York egg production per 100 layers totaled 2,580 eggs in January, up less than 1 percent from 2,564 eggs in January 2017.
In neighboring Pennsylvania, egg production increased more than 2 percent to 706.3 million eggs in January, from 693.6 million eggs a year earlier, the USDA reported.
Nationally, U.S. farms produced 8.98 billion eggs in January, down almost 1 percent from 9.05 billion eggs a year prior, the USDA reported.
Lake Placid chosen to host Winter World University Games in 2023
LAKE PLACID — Lake Placid is looking ahead to 2023 when the North Country community will host the Winter Universiade (also called the Winter World University Games in English) for the second time. The International University Sports Federation (FISU) has selected Lake Placid to host the event, which is an Olympics-style competition for university athletes
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LAKE PLACID — Lake Placid is looking ahead to 2023 when the North Country community will host the Winter Universiade (also called the Winter World University Games in English) for the second time.
The International University Sports Federation (FISU) has selected Lake Placid to host the event, which is an Olympics-style competition for university athletes from around the world.
The Adirondack North Country (ADKNC) global-sports committee and FISU have until June 15 to finalize a formal agreement, the office of Gov. Andrew Cuomo said in a March 5 news release.
Once the contract is signed, work will begin on creating an official organizing committee and a master plan that will include an action plan and final concept to execute the Winter Universiade.
Delegates from the ADKNC global-sports committee and FISU signed a memorandum of understanding at the FISU headquarters in Lausanne, Switzerland, Cuomo’s office said. The negotiations lasted nearly 18 months.
“Lake Placid is the perfect location to host this event, which will showcase the very best of New York and the North County to an international audience,” Cuomo boasted in the release.
Lake Placid first hosted the Winter World University Games in 1972 and Buffalo hosted the Summer Universiade in 1993.
Lake Placid is also known for hosting the 1980 Winter Olympics, which included the U.S. men’s hockey team defeating the Soviet Union in a game known as the “Miracle on Ice” before beating Finland to capture the gold medal. Lake Placid hosted the 1932 Winter Olympic Games, also.
New York is the only U.S. state to host the Winter World University Games, according to Cuomo’s office.
Selection process
The ADKNC global-sports committee has been working directly with FISU since Sept. 1 to develop a bid that meets the “necessary requirements,” Cuomo’s release said. It didn’t provide specifics.
Members of the FISU site-evaluation committee in February spent a week in the North Country evaluating the bid committee’s plans for hosting the Winter Universiade.
The committee toured and evaluated the sporting facilities, venues, and lodging properties in Plattsburgh, Potsdam, the tri-lakes area (Lake Placid, Saranac Lake, and Tupper Lake), Wilmington, and Gore Mountain.
FISU “continues to be very impressed” by Lake Placid and the Adirondack region, Oleg Matytsin, FISU president, said in Cuomo’s release.
“We are pleased to formalize our dialogue with the signing of this memorandum of understanding. The [document] clearly demonstrates the willingness of all parties to move towards a suitable hosting agreement. From its outset, the bid has been one of the strongest we have seen. FISU has no doubt that Lake Placid would be a great host for the 2023 Winter Universiade, making a lifelong impact on the thousands of student-athletes who would come from all around the world,” said Matytsin.
About the Universiade
The Universiade, or World University Games, organized by FISU, is an international sports and cultural event staged every two years in a different city.
The 11-day winter competition draws more than 2,400 student-athletes together to compete in various disciplines including alpine, freestyle and cross-country skiing, biathlon, speed skating, curling, figure skating, hockey, short track speed skating, and snowboarding.
Optional sports may include ski jumping, Nordic combined, ski orienteering, and long track speed skating.
The Universiade would utilize “many” area sport venues for the event, including the Olympic venues managed by the New York State Olympic Regional Development Authority, Cuomo’s office said.
The next Universiade will be in 2019, with the winter games held in Krasnoyarsk, Russia and the summer event hosted by Naples, Italy.
New York launches agriculture loan-fund program
The New York Job Development Authority (JDA) announced it has started an agriculture loan-fund program to “address and help alleviate the economic barriers faced by many New York small-agribusiness owners.” JDA has provided $10 million in funding, which will be distributed as low-interest loans by third-party lenders, the office of Gov. Andrew Cuomo said in
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The New York Job Development Authority (JDA) announced it has started an agriculture loan-fund program to “address and help alleviate the economic barriers faced by many New York small-agribusiness owners.”
JDA has provided $10 million in funding, which will be distributed as low-interest loans by third-party lenders, the office of Gov. Andrew Cuomo said in a news release.
The JDA is part of Empire State Development (ESD), New York’s primary economic-development agency.
Through the agriculture loan-fund program, eight participating lenders will lend between $50,000 and $200,000 to eligible businesses.
Qualified businesses include, but are not limited to, value-added processors, food-distribution companies, food aggregators, craft-beverage producers, and food-hub participants.
The projects may include the acquisition of and/or improvements to land or buildings; the purchase of machinery and equipment; and working capital used in support of the New York agricultural industry.
The approved lenders for the program include the New York Business Development Corporation. In addition, the Development Authority of the North Country will consider applications in the North Country; Mohawk Valley Rehabilitation Corporation is the approved lender in the Mohawk Valley; and the Delaware County Local Development Corporation and REDEC Relending Corporation (RRC) have been approved as lenders in the Southern Tier.
REDEC/RRC of Corning is “the Southern Tier’s primary revolving loan fund, providing financial and technical assistance for startup and expanding businesses located in Chemung, Schuyler, Steuben, and Tioga counties,” according to its website.
Applicants should contact lenders directly, Cuomo’s office said.
“The Development Authority of the North Country recognized the economic importance of agribusinesses in the North Country and is committed to growing the industry in Jefferson, Lewis, and St. Lawrence Counties,” Michelle Capone, director of regional development at the Development Authority of the North Country, said in the release. “We look forward to working with JDA and New York State on this new initiative.”
New York’s farmers and agribusiness owners have “tremendous” ideas, but they often lack the funding to put them to work in ways that can help grow their businesses and strengthen the agriculture economy, New York State Senator Patty Ritchie (R–Heuvelton) said.
“With this program, New York State is committing to allowing those ideas to come to life. It will encourage value-added agriculture, job creation and boost business and our economy in a way that ensures success for generations to come,” said Ritchie, who chairs the New York Senate’s Agriculture Committee.
Maple Producers Offer Farm to Table Opportunity with Maple Weekend
Our state’s unique forestry and climate — freezing nights and daytime thaws in late winter and early spring — make it perfect for maple-syrup production. By all accounts, the industry is showing signs of growth. According to the National Agricultural Statistics Service, maple-syrup production has doubled since 2012. Last year, the number of taps climbed
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Our state’s unique forestry and climate — freezing nights and daytime thaws in late winter and early spring — make it perfect for maple-syrup production. By all accounts, the industry is showing signs of growth. According to the National Agricultural Statistics Service, maple-syrup production has doubled since 2012. Last year, the number of taps climbed to 2.65 million which was the most state producers have recorded since 1944. In 2017, these millions of taps helped New York produce more syrup than any other state except Vermont. New York’s maple-syrup production constituted about 18 percent of the national total.
Not only have New York maple producers collectively increased production but they have embraced agri-tourism events with the successfully marketed Maple Weekends. These weekends have contributed to maple syrup’s popularity. This year, Maple Weekends will be held March 17-18 and March 24-25. During these days, the public has the opportunity to see acres of tapped trees, the equipment used to collect the sap, and learn about the process which turns sap into syrup. Many also offer pancake breakfasts and even popular 5K races. This industry collaboration has helped to grow the public’s appreciation for maple syrup, provide an opportunity for the public to meet the producers, and also has helped to increase retail sales. The New York State Maple Association and the New York State Department of Agriculture and Markets promote the weekends. which accommodate an estimated 400,000 visitors throughout the state at various maple farms. These events are contributing to the estimated $141 million economic impact the industry is generating each year.
To find a Maple Weekend event nearby or learn more about maple syrup, visit mapleweekend.nysmaple.com. The website also features many videos for young children to learn about maple syrup and links to curriculum for teachers. Cornell Cooperative Extension has also partnered with the maple industry and helps those who would like to start producing syrup or for those who would like to make products with syrup like candies or cream. More information on value-added products and maple workshops can be found at: http://blogs.cornell.edu/cornellmaple/.
There is a new opportunity for maple producers to obtain a “New York State Grown and Certified” label, which is the same label the Department of Agriculture and Markets uses to promote other New York products. This label allows producers to be listed on the state’s searchable database to be marketed to potential customers looking for New York state produce. Producers interested in learning more about how to become New York State Grown & Certified and how to qualify can visit https://certified.ny.gov/ or contact the Department of Agriculture and Markets at (800) 554-4501 or email: NYSGrownAndCertified@agriculture.ny.gov.
In the past, the New York State maple producers have received state funding in the budget to help with educational outreach and tourism opportunities. I support this funding because I have seen firsthand how a small investment can make a big difference for many farms and small businesses.
William (Will) A. Barclay is the Republican representative of the 120th New York Assembly District, which encompasses most of Oswego County, including the cities of Oswego and Fulton, as well as the town of Lysander in Onondaga County and town of Ellisburg in Jefferson County. Contact him at barclaw@assembly.state.ny.us, or (315) 598-5185.

Fort Drum’s FY 2017 economic impact surpasses $1.22 billion
Fort Drum — home to the U.S. Army’s 10th Mountain Division, a light infantry division — recently issued an economic-impact statement for the fiscal year (FY) 2017. Fort Drum’s direct economic impact upon its surrounding community totaled $1.22 billion in FY 2017, up about $37 million, or 3 percent, from FY 2016. Payroll (military, civilians, contractors,
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Fort Drum — home to the U.S. Army’s 10th Mountain Division, a light infantry division — recently issued an economic-impact statement for the fiscal year (FY) 2017.
Fort Drum’s direct economic impact upon its surrounding community totaled $1.22 billion in FY 2017, up about $37 million, or 3 percent, from FY 2016. Payroll (military, civilians, contractors, and retirees) increased by $13 million, as the military, civilian, and contractor population increased from 18,705 to 18,832, according to Fort Drum.
That broke a string of yearly declines in Fort Drum’s population and direct economic-impact dollars from 2011 to 2016.
Fort Drum Mountain Community Homes funding execution increased by about $18.6 million in FY 2017, stemming from the new construction of 155 company grade officer homes.
Fort Drum says it is the largest single-site employer in Northern New York with 15,110 soldiers and 3,722 civilians (including contractors) working on or near the military installation.
Military and civilian payrolls (including tenants and contractors) totaled about $731.5 million and $196.1 million, respectively.
Fort Drum says 3,092 retirees from all branches of military service live in the area (zip codes starting with 136) receiving a total of $5.2 million monthly, or $62.7 million per year, that flows “directly” into the local economy. In addition to military retirees, 278 retiree survivors live in the region and receive a total of $194,000 per month or $2.3 million per year.
Counting all of that, Fort Drum’s total payroll in FY 2017 was $992.7 million
Chemung Financial elects three new board members
ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected three new board members. Each person will stand for shareholder election at the banking company’s May annual shareholders’ meeting. All directors of Chemung Financial also serve on the board of its main subsidiary, Chemung Canal Trust Company, the company said
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ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected three new board members.
Each person will stand for shareholder election at the banking company’s May annual shareholders’ meeting. All directors of Chemung Financial also serve on the board of its main subsidiary, Chemung Canal Trust Company, the company said in a news release.
Joining the board are: David M. Buicko, of Guilderland, who is president and CEO of the Galesi Group; Denise V. Gonick, of Albany, who is president and CEO of MVP Health Care; and Jeffrey B. Streeter, of Elmira, who is president of Streeter Associates.
Buicko has served in a variety of roles at the Galesi Group, since joining the company in 1982, including CFO and COO. In 2016, he was elected president and CEO. He is responsible for the day-to-day operations of all the company’s divisions, including 12 million square feet of office and industrial real estate and more than 11,000 apartment units. Buicko also serves as president of Distribution Unlimited, Inc., one of the largest third-party logistics companies in the Northeast and is chairman of the board of Green Earth Technologies, a publicly traded company, per the release.
Gonick, during her 22-year tenure at MVP Health Care, built MVP’s in-house legal and compliance departments, then was promoted to general counsel, chief administrative officer, and later became president of operations. In 2012, she became president and CEO of MVP. She was responsible for initiating and completing two major acquisitions and led the transformation of MVP into a diversified health care company serving 700,000 members in New York and Vermont, Chemung Financial said.
Streeter joined Streeter Associates in 1995. In 2002, he was named president and currently serves as the third generation of the family to lead the nearly 70-year-old company, which specializes in general contracting, construction management, design-build, and construction-management services, according to the release. Streeter currently serves on the boards of Southern Tier Economic Growth (STEG), Arnot Health, the Arctic League, the Chemung County Chamber of Commerce, and the Associated General Contractors of New York State Building Board of Governors.
Chemung Financial is a $1.7 billion financial services holding company headquartered in Elmira, operating 34 branches through Chemung Canal Trust. Established in 1833, Chemung Canal Trust says it is the oldest locally owned and managed community bank in New York state. Chemung Financial is also parent of CFS Group, Inc., a financial-services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance, and Chemung Risk Management, Inc., an insurance company based in Nevada.
Poke in the Eye from U.S. Ingenuity
The United States is poking a thumb in OPEC’s eye. It feels good. The oil producing countries of OPEC humiliated this country in 1973-74. They stopped selling oil to us. They did so because we sold weapons to Israel — for its war against Syria and Egypt. Led by the Saudis, the cartel quadrupled the
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The United States is poking a thumb in OPEC’s eye. It feels good.
The oil producing countries of OPEC humiliated this country in 1973-74. They stopped selling oil to us. They did so because we sold weapons to Israel — for its war against Syria and Egypt.
Led by the Saudis, the cartel quadrupled the price of oil. This wreaked all sorts of havoc in this country and the world. Some believe it helped cause our stock market to crash.
There were two or more sides to the issue. What hurt was that OPEC nations used oil as a weapon. They showed no mercy. They shrugged as their high prices caused turmoil in Europe and America. And we could do little about it, because we had allowed our own oil production to fall. And we had allowed ourselves to be dependent upon importing oil from the OPEC countries. They turned out to be not dependable. They humiliated America. They made us beg, on the world stage.
The shoe is on the other foot these days. American ingenuity has discovered and brought vast quantities of oil and natural gas to the market. The abundance is enough to heavily influence oil prices that OPEC used to control. Our frackers have de-fanged OPEC.
The Saudis recently tried to counter this. They tried to control prices again — to drive our frackers out of business. More American ingenuity to the rescue. The fracking industry can now throttle back and rev up at speeds that were impossible a few years ago.
American frackers consolidated. They survived. They found ways to remain profitable at the low prices the Saudis jiggered to hurt this country. As soon as prices rose a bit they ramped up their production. In other words, they humiliated the Saudis and OPEC. Those countries deserved a bit of humiliation. They declared themselves to be virtually our enemies those many years ago.
This has been American entrepreneurial genius at its best. In a mere eight years, our oil producers nearly doubled their production. Their output continues to grow.
And so, we are no longer dependent on OPEC. We compete with OPEC. We are now exporting up to 2 million barrels of oil a day. China is a major customer. We are shipping natural gas to Europe. This forces Russia to lower its prices. It keeps Russia from using its gas and oil as weapons there.
History will show that this miracle came from our capitalism. (In socialist Venezuela, oil production is shrinking.) History will also show that the Obama administration tried to thwart the American oil miracle. The Trump administration is working hard to encourage it — by reversing many of the Obama energy policies.
History will also treat the pessimists poorly. For decades, they declared we had reached peak oil and gas. President Jimmy Carter led pessimists when he declared the world was simply and rapidly running out of oil and gas. The green activists fed him bunk and he chastised Americans with that bunk.
Carter and the greens ridiculed optimists. They scoffed at those who said the world had abundant oil and gas, waiting to be discovered. They predicted famine and economic collapse as the supplies of oil and gas shrunk.
Right. Our natural gas reserves have “shrunk” so much we only have about 93- years-worth in known reserves today. And our known reserves of oil keep growing.
Meanwhile, we keep finding ways to do more using less energy. The result? Doomsday — when we will run short of oil and gas — has been pushed out many years. Way beyond your lifetime. Enough years that there is no question earthlings will develop replacements by then.
Our frackers have reduced the chances of us going to war in the Middle East. Back when OPEC was humiliating us, we needed to protect their countries. Because they ran our oil lifeline. That era has passed. And not before time.
From Tom…as in Morgan.
Tom Morgan writes about political, financial, and other subjects from his home in upstate New York. You can write to Tom at tomasinmorgan@yahoo.com. You can read more of his writing at tomasinmorgan.com
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