The Crude Life Podcast Episode 33
March 10, 2020
Guests/Topics:
Dr. Loren C. Scott, president, Loren Scott & Associates, gives his insight on what caused the OPEC fueled price drop over the past week. Dr. Scott also gives his opinion on why the reaction is what is it.
The Chinese market and coronavirus are discussed in detail in regards to impacting energy prices. Dr. Scott explains why uncertainty and volatility are the market’s biggest issue.
Foreign companies investing in natural gas processing plants and pipelines are talked about with Lake Charles, the Bakken and Permian basin given as examples where foreign investing and ownership is talking place.
Natural Gas subsidies, flaring taxes and need for pipelines are also mentioned as issues and discussed solutions.
Dr. Scott gives the history of Earth Day and how wordsmithing has changed to fit the narrative of the time. He cites Global Cooling to Global Warming to Climate Change as one example of the framing and wordsmithing from the environmentalism industry.
Dr. Scott also answers the question what will the industry look like in five years.
William Prentice, CEO, Meridian Energy Group, gives an update on the Davis Refinery near Belfield, ND, and the Walton Refinery near Kermit, TX.
Daily Headlines:
Oil industry ‘not asking’ for bailout from Trump, trade group chief says
Record number of oil and gas well abandonments
Coronavirus: The fake health advice you should ignore
Sponsor: Clark Energy Consulting
Clark Energy Consulting is an advisory firm that provides market research and commentary specifically for investment, consulting, and industry professionals focused in oil & gas. They deliver impact to clients by bringing generational industry experience and insights to the broader industry. They advise on topics ranging from market & growth strategy to investment & risk analysis. Their goal is to develop lasting and rewarding relationships with our customers and friends.
This election year, Clark Energy Consulting is launching a 2020 campaign called “OG Insights” designed to provide regular updates on oil price, current events, and outlooks on the sector via podcast, articles, reports, and briefings. Subscribe for free insights at www.clarkenergyconsulting.com, and stay tuned for more to come!
Featured Event: Haynesville Shale Golf Classic, Monday April 6
The 2020 Haynesville Shale Golf Classic is happening Monday, April 6th at the Southern Trace Country Club in Shreveport, LA. Network with professionals and players in the Haynesville and Cotton Valley while enjoying golf and course cuisine.S
The Earth’s Champion Johnny Green’s Eco-Watch: Why one company says recycling your cellphone can reduce pollution in Anchorage
Johnny Green (not pictured above) says you have to have a strong mind to stand up to the Purveyors of Paranoia who want to look and be like Johnny Green. Platitudes do not win championships.
The Earth’s Champion Johnny Green has been traveling across the planet cleaning streets, sidewalks, swamps and souls as part of the Clean Your Mind Tour.
The Eco-Champ is engaging with people from all of Earth’s nations about the eco-realities cell phone usage and environmental energy.
The Greatest Environmentalist on Earth is letting the world know environmentalists have lost their way and Renewables Ain’t Doable Without Fossil Fuelables.
Planet Service Announcement:
Links to Exclusive Interviews:
Dr. Loren C. Scott, president, Loren Scott & Associates
William Prentice, CEO, Meridian Energy Group
The Crude Life Music Crossover: Blind Joe
Studio Sponsor: Hatch Coaching
Phone Line Sponsor: Bakken BBQ
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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