The Crude Life Morning Show: Play Hard Work Hard Episode 108
Hour One Play Hard: Jason Spiess is leaving OKC for the Shale Energy Resources Conference and Trade Show.
Hour Two Work Hard: Charlie Gorescki, CEO of the Energy and Environmental Research Center (EERC) a and Lynn Helms, Director of the North Dakota Mineral Resources and North Dakota Oil and Gas
The Crude Life Daily Update For the Radio On The Podcast: Ron Ness, President, North Dakota Petroleum Council
Daily Rig Count
source: tradingeconomics.com
Jason Spiess (left), Matt Hill (left center), Ken Lavin (right center) and Jeremiah Smith (right)
HOUR ONE PLAY HARD: Jason Spiess
is making his way to the Shale Energy Conference and Trade Show in the
Permian Basin. The event is taking place at the Horseshoe Pavilion and
is expected to be the “welcome back” event of the Permian.
As Jason prepares for the Shale Energy Conference and Trade Show, it’s a special Cross Promotional Podcast with Ken Lavin, Matt Hill and Jeremiah Smith at the Tres Management Studios.
In HOUR TWO we WORK HARD with our Newsmaker Interview: Charles Gorecki, CEO, Energy & Environmental Research Center (EERC)
“You Don’t Have To Choose” interview and summary by Genneca Houser, The Crude Life Content Correspondent
Charles Gorecki, CEO of the Energy and Environmental
Research Center (EERC), took some time to talk with The Crude Life
about his presentation regarding the direction the Bakken will be going
and big statements that may seem insurmountable to back up. One of the
big statements made at the WBPC was made by Governor Doug Burgum,
stating the expectation of North Dakota being carbon neutral by the year
2030.
According to Charles Gorecki, “It’s possible. It’s a big challenge, though.”
If it truly is possible, this would be because of nearly two decades
worth of work and current projects, like Project Tundra, that push to
make Co2 work in a positive and practical way.
“We actually could have a carbon neutral barrel of oil depending upon how you draw the box.”
With carbon playing an important role in current energy advancements,
what would the possible climate tax mean? Charles discusses an
apprehension for any tax on carbon for the reason that the flow of money
may not be reinvested back into helpful programs. He also noted that,
while we may not know what may happen with a potential tax, there are
already incentives for companies to forge a more carbon friendly
approach to their process.
But should another tax be implemented, Charles’ fear is that the consumer will pay for it.
“Again, there may be a carbon tax in the future. I worry
about what that will be to the end use or the people of North Dakota and
the United States as far as how much more they might pay for
energy…That’s the unintended effect of a tax generally, is all those
costs are passed on to the consumer.”
That being said, the outlook for the carbon sequestration programs
looks optimistic so long as the train stays on track.