Welcome back to another episode! This week’s episode is our First Friday Q&A for January 2020! You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy! Have a question? Click here to ask

Show Notes & Links:  

Question’s:

Hi Guys, I find my self coming up to a cross road and would much appreciate some advice. I’m currently at a high end engineering school on my way to a degree in PE.

I now have a chance to switch my major and move from the petroleum engineering focus to something else. I really love the oil/gas/energy field, but at the same time I’m a bit freaked out about all the change away from oil. Seeing the Saudis diversifying away from oil, several car makers betting exclusively on electric mobility, big oil stocks in a slump, lay-offs,etc, etc makes me wonder, if I should make a move now and change to another engineering major.

At the same time I hear about oil and gas needing good people and expecting a demographic shortage of engineers in the near future.

Not sure what to do… Curious what you think and grateful for a bit of advice.

Our country is set to pump oil from Exxon’s offshore Liza field development early next year (there is talk that it could happen in December this year pending weather). 2020 is also the year our country heads into election and oil is a hot topic. 

My questions are: 

* Is political uncertainty likely to affect the production of oil?

3.  Keep up the good work!

Hello, first of all, congratulations for all the great job that you have done. These are my two questions.

* USA has the best price on Natural Gas, what are some of the real threats that could push the price up? Would you make a prediction on when could this price rise?

Just got around to listening to the podcast from the 28th, and wanted to share thoughts on the discussion you and have had about troops in Saudi Arabia. I have had a few of my military clients sent to Kuwait and Iraq, but also sent to support bases in Germany and Western Europe. I believe it has to do with the Saudi Aramco IPO. U.S. and Saudi relations have always been tricky since FDR, and believe their is still an unspoken bond. With such a strong reliance on oil for the nation, any attack against it once it is public would be a huge setback to the country from an economic and civil standpoint. While private they are able to protect specific information, however as you know, once public there are other factors, stock price primarily, which can be a shock factor for the underlying partners or company. 

I could go more into detail, but believe this is the main reasoning behind the recent increase in troops. 

Hello Mark,

    Hope all is well and congrats on the success of all the podcasts. I listened to the conference call from Chesapeake 3 times since yesterday and it was unlike the past 12 …