03.31.2020 - By Ryan Ray
This week, Josh is mad at everything, Ryan is slowly slipping into depression, and we talk about the rising chorus of companies cutting capital expenditure and calling for government intervention. We discuss why the economics of the current downturn would best benefit from being left alone, and talk about how oilfield workers can go about getting new jobs.
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This week's articles:
https://finance.yahoo.com/news/devon-energy-provides-revised-2020-105510648.html?guccounter=1&guce;_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce;_referrer_sig=AQAAAGzxRywdglUv7c79oSAfRcaLbFpl_3v4PWtdesiQ4Io1N1Ffw57ITQ8RK841sDNKqTRR-0_drG5O9rAlrTqpBmcU8WiR1PLzS8pT57sDG2XhXvr9TBYWrx4gVhBRpXC5y05blekI5DUZR_rsyY_djjCD-fkLi5QnSVJNIbTpISTr
Energy Industry Giving Back
https://www.mrt.com/business/oil/article/Energy-industry-is-stepping-up-15164309.php
Economic News
https://www.mrt.com/business/oil/article/Energy-economist-Production-cuts-won-t-work-15164280.php
https://www.mrt.com/business/oil/article/Opinion-Oil-gas-industry-should-stand-by-15161849.php
https://www.mrt.com/business/oil/article/Oil-s-60-crash-is-the-tip-of-an-iceberg-15156322.php
https://www.mrt.com/business/oil/article/Local-oilman-highlights-Saudi-presence-in-Texas-15152191.php
https://www.mrt.com/business/oil/article/Guest-Opinion-Trump-should-put-tariff-on-oil-15151022.php
https://www.mrt.com/business/oil/article/Researchers-expect-industry-slowdown-will-15149212.php
https://www.mrt.com/business/oil/article/Oil-crash-could-further-hamper-M-A-market-15149175.php
https://www.hartenergy.com/news/us-shale-executive-warns-global-oil-glut-will-not-clear-soon-186678
https://www.oilandgas360.com/pioneer-natural-resources-ceo-warns-independent-oil-companies-could-go-bankrupt-if-production-continues-amid-coronavirus/
Pipeline/Exports to Mexico
https://www.mrt.com/business/energy/article/Pipeline-operators-ask-oil-companies-to-stop-15164074.php
https://www.oilandgas360.com/falling-latam-demand-deprives-u-s-refiners-of-top-customers/
https://www.texansfornaturalgas.com/five_facts_about_the_us_mexico_energy_relationship
Company News
https://www.mrt.com/business/energy/article/Apache-makes-deeper-cuts-while-its-Permian-Basin-15161716.php
https://www.mrt.com/business/oil/article/Pioneer-CEO-Supermajors-prefer-all-the-15162115.php
https://www.mrt.com/business/oil/article/Land-company-focuses-on-liens-bankruptcy-15149198.php
https://www.hartenergy.com/exploration-production
https://www.hartenergy.com/news/oil-companies-cut-hundreds-jobs-texas-new-mexico-186598
https://www.oilandgas360.com/exxon-may-crush-bailout-hopes-for-suffering-fracking-companies/
https://www.oilandgas360.com/apache-makes-deeper-cuts-while-its-permian-basin-rig-count-goes-to-zero/
https://www.oilandgas360.com/oxy-enacts-pay-cuts-amid-deeper-budget-cuts/
https://www.oilandgas360.com/chevron-ceo-says-the-dividend-is-the-companys-no-1-priority-and-is-very-secure/
https://www.oilandgas360.com/exploration-firm-block-energy-agrees-to-acquire-schlumberger-subsidiary/
Future of O&G; News
https://www.mrt.com/business/oil/article/Oil-crash-could-delay-investment-in-energy-15164355.php
https://www.hartenergy.com/exclusives/stimulation-fleet-future-186070
Water News
https://www.mrt.com/business/oil/article/Rising-demand-to-repurpose-produced-water-fuels-15164373.php
https://www.mrt.com/business/oil/article/Midkiff-farmer-Encore-Green-team-on-produced-15164358.php
https://www.hartenergy.com/exclusives/rise-water-midstream-186180
G-20 and Saudi Russia price war
https://www.mrt.com/business/oil/article/G-20-may-step-into-Saudi-Russia-oil-price-war-15157491.php
Earthquake hits Permian
(News unrelated to market/coronavirus to help shake things up a little *da-dum-tss*)
https://www.oilandgas360.com/record-5-0-magnitude-earthquake-hits-near-permian-basin-town/
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