The Crude Life host Jason Spiess joins Genneca for a weekly energy report on The Country Twins morning show.
Spiess talks about the recent Payment Protection Program and how it allowed banks to become the administrators of close to a trillion dollars worth of government assistance. As of this interview, Spiess has not received any satisfactory tracking of the money or criteria the banks used to select those in need.
Spiess also explains how small family businesses are vital to the oil and gas industry. To the trucker who owns his own truck to the accountant working from a home office, the family dynamic and small business used have value in the marketplace.
Spiess wonders after the past several years, specifically the past couple of weeks, if America’s leadership is moving away from small family businesses. He compares the shift change in “consensus science” over “actual science” as a recent similar societal shift.
The interview also debates whether Phillips 66 and Facebook are a “family business” and companies with 499 employees are small businesses.
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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