U.S. Senator Kevin Cramer comments on how the coronavirus is impacting the economy and energy activity. Cramer opines how Russia and Saudi Arabia are playing shenanigans with the marketplace, so much Continental Resources chairman Harold Hamm is asking for an anti-dumping investigation. Senator Cramer discusses the rise of environmentalism and how that has impacted the oil and gas industry. Cramer details some of the changes in the banking and finance world due to the pressure from “extreme environmentalism”.
The Senator responds to the question of whether natural gas subsidies should be discussed in the halls of congress since a flaring tax is now being bantered about. Subsides, coal, wind, solar and the free market are discussed in the thread of the interview.
Senator Cramer comments on Harold Hamm’s legacy in North Dakota where he recently received an honorary doctorate from the University of North Dakota. Hamm served a Cramer’s finance chair during his 2018 Senate campaign.
Brandon Davis, Swan Energy – Discusses the impact of COVID-19 around the workplace and industry. Davis shares what his company is doing and what the short terms plans are in case of an accelerated quarantine.
Davis reiterates the need to remain calm and process before reacting. How small business will respond and react to the state-suggested shut downs and quarantines. The thread of what will be world economy look like after the summer was bantered about, whereas no topic was left off the table – including nationalizing oil.
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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