The Crude Life Morning Show: Play Hard Work Hard Episode 57
Hour One Play Hard: Jason Spiess and Shawn Forbes talk Industry Events, API, Carbon Pricing, Volunteer Firefighters, First Responders and how the Supply Chain works.
Hour Two Work Hard : US Senator Kevin Cramer
The Crude Life Daily Update For the Radio On The Podcast: Amy Anderyszak, President & CEO, The Interstate Natural Gas Association of America (INGAA)
Rig Count Overview
source: tradingeconomics.com
HOUR ONE PLAY HARD: Jason Spiess is joined by Shawn Forbes of OGDirectory.com who lists several Industry Events. From virtual trade shows to golfing to fishing events, Shawn has a diverse list of industry get-togethers.
Jason teases a “spud-tactular” announcement coming from the 9th Annual Bakken BBQ. He also opines about First Responders, specifically how 85% of firefighters are volunteer in America. This is something Jason believes America can correct, reinvent or flat out fix.
He continues saying generally it’s small business owners and employees of industry who are the volunteers. This creates more strain on leadership in communities when America has more than enough money and know-how to address this issue. Additionally, many pieces of fire fighting equipment is from industry donations.
In HOUR TWO we WORK HARD with our Newsmaker Interview: US Senator Kevin Cramer and the Banking Committee Hearing with Treasury Secretary and Federal Reserve Chair
At a Senate Banking Committee hearing, U.S. Senator Kevin Cramer (R-ND) pressed U.S. Department of the Treasury Secretary Janet Yellen on whether it is appropriate for the federal government to apply political pressure on financial institutions which invest in energy development.
“You have made addressing climate change one of the central points of your time at Treasury, and it has been reported President Biden’s Climate Czar John Kerry has encouraged banks and other investment institutions to form a net-zero banking alliance. He’s also urged banks to provide as much support for alternative energy projects as possible, seemingly at the expense of more traditional energy projects, possibly even forcing financial institutions to put political and social considerations ahead of sound business practices. That would be a violation of their fiduciary responsibilities to their shareholders,” said Senator Cramer. “In light of weak unemployment numbers, do you think it’s a good idea for private businesses to be forced by a government official to make decisions about where they should or should not put their money, jeopardizing jobs in our energy and other sectors of the economy that are legal commerce industries and businesses?”
Secretary Yellen defended the Biden Administration’s efforts.
“It is appropriate for the government, and the private sector as well, to focus on how we can mitigate the risks to encourage banks and financial institutions and lenders more generally to think about the potential adverse impact of investments that they may make and, perhaps more importantly, to understand that eventually we are committed to going to net zero emissions by 2050 and that can affect the returns that they receive on investments. I don’t think that’s inappropriate,” said Secretary Yellen.
Senator Cramer concluded his questioning of Secretary Yellen by emphasizing the importance of reliable energy and grid resiliency, especially in states like North Dakota with extreme weather patterns, and the harm that would be caused to his constituents if they did not have access to the kinds of energy sources the Biden Administration is pressuring financial providers to quit working with. Earlier this month, Senator Cramer introduced the Fair Access to Banking Act , which would protect fair access to financial services and ensure providers operate in a safe and sound manner. It builds off the Trump Administration’s Fair Access Rule and the Freedom Financing Act which Senator Cramer introduced last Congress. Learn more here.
Senator Cramer also spoke during the hearing to Federal Reserve Chair Jerome Powell about community banks beginning to come under leverage ratio stress.
The Crude Life Daily Update For the Radio On The Podcast: Amy Anderyszak, President & CEO, The Interstate Natural Gas Association of America (INGAA)
The Crude Life Honors and Celebrates Women’s History Month. Today we feature Amy Anderyszak, President & CEO, The Interstate Natural Gas Association of America (INGAA), who discusses the levels of understanding for policy makers when it comes to the facts of the industry, and there’s also some discussion about the role a lack of understanding or education plays in current policies and legislation.
Support, honor and celebrate Women’s History Month!
Click here for the full length interview
Every March since 1987, Congress and U.S. Presidents have designated the month as Women’s History Month. This year, The Crude Life celebrates and honors their accomplishments and vital contributions in history with interviews and stories that center around women’s experiences in industry.
These women are not only modern-day leaders, but truly are historic as well. Everyone at The Crude Life is grateful for everything you do within the industry, for your communities and our planet.
Sponsors, Music and Other Show Notes
Studio Sponsor: The Industrial Forest
The Industrial Forest is a network of environmentally minded and socially conscious businesses that are using industrial innovations to build a network of sustainable forests across the United States.
Weekly Sponsor: Kate’s Man Cave
Weekly Sponsor: Orange Property Management
The origins of Orange Property Management Inc. dates to the year 2000 when Fargo native Mike Marcil, an entrepreneur who was living in California was starting to acquire residential rental properties in the Bay Area as a side venture.
Today the management company has grown to 36 full-time employees across 13 communities in North Dakota and Minnesota. They managed a portfolio of over 1,300 residential and commercial units ranging from single family homes to multi-family apartment developments.
Phone Line Sponsor: Swan Energy, Inc. 866.539.0860
Studio Email and Inbox Sponsor: To Be Announced
Featured Music: Moody River Band
For sponsorship information on The Crude Life Morning Show Play Hard Work Hard, email studio@thecrudelife.com or click here.
For guest, band or show topic requests, email studio@thecrudelife.com
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