Oil and Gas This Week

Mark & Paige have a great show informing listeners of the major activities and news shaping the O&G industry. Catch the latest show and see if you agree!

Mark and Page, I’m a long-time listener and occasional commenter. I’ve learned a great deal from you about how the industry actually operates as a business, rather than through politics. I’m writing in response to Episode 400 and your discussion of the recent review. While I agree that the President is Commander-in-Chief, the founding fathers intentionally built checks and balances into our system so that no single person could unilaterally take the country to war. Iraq, Korea, and Vietnam all had various forms of Congressional approval or authorization. Regarding President Trump, you mentioned The Art of the Deal and said there’s a strategy behind everything he does. I read the book years ago when I started my own entrepreneurial journey. While it has some entertaining stories, I didn’t find it particularly insightful from a business standpoint. Trump highlighted deals like the USFL (a league competing with the NFL) and his Atlantic City casinos—both of which ultimately failed and led to bankruptcy. Americans elected President Trump for an “America First” agenda: no new wars, and addressing the affordability crisis at home. Unfortunately, the war in Iran appears to be a war of choice. It is proving very costly to Americans, and the administration has not secured any meaningful political concessions from Iran despite numerous declarations of victory. It feels uncomfortably similar to the Iraq situation and the WMD narrative all over again. Joseph Brody

I came here to get good conversation on oil and gas, not far right political views I get from my Dad at Thanksgiving.

Last show was very good, as usual! It’s always fun to hear what’s going on in the rest of the world of oil and gas, along with hearing Mark and Paige’s opinions and predictions. We are in the small oil field of western New York known as the Bradford District where Secondary Recovery was established 100 years ago; and now we’re just stripping the wells naturally, and if 10 wells combined make 2 barrels/day, we consider that a good lease. There’s lots of oil down there-it just comes out very slow, but we’re being optimistic and counting on Mark’s prediction to come to pass. Oil’s gonna go up!!! I was a little disturbed by the report from the conference where the public servant, public official, or person in a regulatory body kept talking about the need to “get demand down.” We may or may not need to get demand down, but the fact that a regulator will say it out loud is usually an indication that he has an personal prejudice that calls for the end of the use of crude oil and natural gas, and it seems a conflict of interest to have someone like that in a position of authority that regulates the industry. My fears may be unfounded, but the books are full of stories of producers who have been made to suffer at the hands of state environmental agents who have an agenda. Thanks for all your work! Richard