The Crude Life Morning Show: Play Hard Work Hard Episode 16

Daily Rig Count

source: tradingeconomics.com

HOUR ONE PLAY HARD:  Jason Spiess and Sterling are doing their best this morning as Jason ate Indian food over the weekend and the air is so pungent at times, Fracleberry Hound left the room.

President Biden’s public “War on Oil” is discussed in the first segment and whether 2021 will be the year “Defined by Defection”. Will industry employees remain loyal to the industry with salary reductions, layoffs and industry leaders being less accessible to the public. Or will industry employees listen to President Biden and John Kerry and go build solar panels.

If the government controls the marketplace and eliminates the free market, while allowing a system to continue where merit of work no longer matters, will this be the year “Defined by Defection”?

The two discuss why leadership is leading and national conversation to start a new push to end fossil fuels. Jason opines that President Biden is showing “rank prejudice” and endorsing “state-sponsored social shaming” towards oil and gas professionals. Jason believes there is an attempt to limit the national discussion in order to “pit the pitchforks against the torches”.

The Play Hard segment also attempts to wrap their mind around where leaders are exerting energy these days. For example, if over 90% of our daily lives rely on petroleum products and if even a reduction of 20% were to happen over the next 20-years, that would be very aggressive.

Jason gave examples of the Moon Landing, Hoover Dam and Manhattan Project as the closest comparison in terms of a giant science project, however, as he points out, none of those projects required massive social or personal changes to society.

Other topics in the segment include Tony Snow, Dana Perino, Vizslas, controlling the narrative, Climate Change activism, Super Bowl skits and whether the Matt Stafford/Jared Goff trade was more about the failure of a template or model rather than the talent.

Jason also asks the question if the government isn’t just shaming the oil and gas industry into a NIMBY world – Not In My Back Yard – in meaning, will oil and gas be primarily drilled in the deep sea and remote land locations. Out of sight, out of mind.

During the News, Rumors and Newspeak segment, Jason was caught off guard, and extremely offended, by the new title “Climate Envoy” given to John Kerry.

He added that climate activists should be applauding new pipelines and protesting old pipelines, bridges and roads need repair if they want to exert protests for change.

News, Rumors and Newspeak

Exxon, Chevron CEOs Discussed Merger Last Year, DJ Says

The chief executive officers of Exxon Mobil Corp. and Chevron Corp.

spoke last year about combining the two largest U.S. oil companies, Dow

Jones reported, citing people familiar with the talks.

Chevron’s Mike Wirth and Exxon’s Darren Woods spoke as the Covid-19 outbreak hurt oil and gas demand, adding financial strain to both companies, Dow Jones said. The talks were described as preliminary and aren’t ongoing, the news services said, adding that the discussions could be brought back in the future.

The Crude Life Morning Show: Play Hard Work Hard Episode 16

Daily Rig Count

source: tradingeconomics.com

HOUR ONE PLAY HARD:  Jason Spiess and Sterling are doing their best this morning as Jason ate Indian food over the weekend and the air is so pungent at times, Fracleberry Hound left the room.

President Biden’s public “War on Oil” is discussed in the first segment and whether 2021 will be the year “Defined by Defection”. Will industry employees remain loyal to the industry with salary reductions, layoffs and industry leaders being less accessible to the public. Or will industry employees listen to President Biden and John Kerry and go build solar panels.

If the government controls the marketplace and eliminates the free market, while allowing a system to continue where merit of work no longer matters, will this be the year “Defined by Defection”?

The two discuss why leadership is leading and national conversation to start a new push to end fossil fuels. Jason opines that President Biden is showing “rank prejudice” and endorsing “state-sponsored social shaming” towards oil and gas professionals. Jason believes there is an attempt to limit the national discussion in order to “pit the pitchforks against the torches”.

The Play Hard segment also attempts to wrap their mind around where leaders are exerting energy these days. For example, if over 90% of our daily lives rely on petroleum products and if even a reduction of 20% were to happen over the next 20-years, that would be very aggressive.

Jason gave examples of the Moon Landing, Hoover Dam and Manhattan Project as the closest comparison in terms of a giant science project, however, as he points out, none of those projects required massive social or personal changes to society.

Other topics in the segment include Tony Snow, Dana Perino, Vizslas, controlling the narrative, Climate Change activism, Super Bowl skits and whether the Matt Stafford/Jared Goff trade was more about the failure of a template or model rather than the talent.

Jason also asks the question if the government isn’t just shaming the oil and gas industry into a NIMBY world – Not In My Back Yard – in meaning, will oil and gas be primarily drilled in the deep sea and remote land locations. Out of sight, out of mind.

During the News, Rumors and Newspeak segment, Jason was caught off guard, and extremely offended, by the new title “Climate Envoy” given to John Kerry.

He added that climate activists should be applauding new pipelines and protesting old pipelines, bridges and roads need repair if they want to exert protests for change.

News, Rumors and Newspeak

Exxon, Chevron CEOs Discussed Merger Last Year, DJ Says

The chief executive officers of Exxon Mobil Corp. and Chevron Corp.

spoke last year about combining the two largest U.S. oil companies, Dow

Jones reported, citing people familiar with the talks.

Chevron’s Mike Wirth and Exxon’s Darren Woods spoke as the Covid-19 outbreak hurt oil and gas demand, adding financial strain to both companies, Dow Jones said. The talks were described as preliminary and aren’t ongoing, the news services said, adding that the discussions could be brought back in the future.

Art Berman, Labyrinth Consulting shares his views on the recent executive orders signed by President Joe Biden, specifically the suspension on Federal Lands and the Paris Agreement.

He also shares his views on natural gas and responds to whether it is a foundation fuel or a wildcard or both.

ESG and pressures from climate activists are also discussed in detail.

Berman also responds to US Senator Cramer’s comment that industry is currently on a path to consolidate into four companies controlling the global oil market.

Spread the word. Support the industry. Share the energy.

Follow on YouTube

Follow on Facebook

Follow on LinkedIn

Follow on Twitter

If you have a chance, check out The Crude Life Podcast!

Subscribe on Apple Podcasts

Subscribe on iHeartRadio

Subscribe on Google Podcasts

Subscribe on RadioRepublic

Subscribe on ListenNotes

Subscribe on MyTuner

#post-10654 .CPlase_panel {display:none;}

Art Berman, Labyrinth Consulting shares his views on the recent executive orders signed by President Joe Biden, specifically the suspension on Federal Lands and the Paris Agreement.

He also shares his views on natural gas and responds to whether it is a foundation fuel or a wildcard or both.

ESG and pressures from climate activists are also discussed in detail.

Berman also responds to US Senator Cramer’s comment that industry is currently on a path to consolidate into four companies controlling the global oil market.

Spread the word. Support the industry. Share the energy.

Follow on YouTube

Follow on Facebook

Follow on LinkedIn

Follow on Twitter

If you have a chance, check out The Crude Life Podcast!

Subscribe on Apple Podcasts

Subscribe on iHeartRadio

Subscribe on Google Podcasts

Subscribe on RadioRepublic

Subscribe on ListenNotes

Subscribe on MyTuner

#post-10654 .CPlase_panel {display:none;}

The Crude Life Morning Show: Play Hard Work Hard Episode 15

Daily Rig Count

source: tradingeconomics.com

HOUR ONE PLAY HARD:  If finally Friday! Jason Spiess and Sterling talk a little sports business in the first hour as the Super Bowl nears.

Sterling lead a conversation from an article on the psychology on losing big games and consecutive losses like when the Buffalo Bills lost four Super Bowls.

Jason transitioned into the news story of the content agreement between the WWE Network and NBC’s Peacock. Jason shared his views on how these two competing streaming networks working together during times of uncertainty should be applauded.

Sterling and Jason continue the dissection of the WWE Peacock deal by folding in past interviews with NCAA Coaching Legend Dale Brown and former NBA All-Star Mark Eaton.

Dale Brown interviewed by Jason Spiess at the Minot Investors Summit. Photo by Kevin Tobosa.

Jason recalled Brown’s views on the importance of longevity in an organization he stated it is vital yet near impossible to achieve in today’s environment. Citing “immediate gratification syndrome,” Brown said John Wooden would have been fired at UCLA if he was coaching in modern time. It took Wooden 13 years to reach the Final Four and according to Brown, too many administrators and fans would have been too greedy for victory.  Brown added too many are not concerned about the character that’s going on in the program and would have fired Wooden long before his successful run as one of the most successful coaches in NCAA history.

Former NBA All Star Mark Eaton discusses teamwork with Jason Spiess. Photo by Kevin Tobosa

Eaton used a sports metaphor: the Lakers, Celtics and other great organizations had a central core that stayed together. He said that allows a system to be built while the people learn to work with each other and play off each other. Eaton continued to say that in today’s world it is too corporate and people are to busy climbing on top of each other trying to get ahead. He said the ones who understand the concept of teamwork – if the team wins you win – those who take that attitude “generally have a much happier culture within their organization.” He said the culture within your organization will have a direct impact on your bottom line and your organization’s success.

The final segment in the PLAY HARD portion of the program focused on the changing world of social media and how it plays into the professional world.

Sterling and Jason deep dive into this percolating issue in the social media arena. Topics range from paid likes to using company time for personal branding to how to post social posts after laying off employees. Plus much more, including a prognostication that there will be a major THUMP coming to policies in the world of social media in the next year or so.

The Crude Life SuperBowl Squares are filling up! Sign up today for free by emailing your company and logo to [email protected]

In HOUR TWO we WORK HARD with our Newsmaker Interview: Pete Obermeuller, the President of the Petroleum Association of Wyoming

Interview and summary by The Crude Life Content Correspondent Genneca Houser

Pete Obermeuller, the President of the Petroleum Association of Wyoming,

The Crude Life Morning Show: Play Hard Work Hard Episode 15

Daily Rig Count

source: tradingeconomics.com

HOUR ONE PLAY HARD:  If finally Friday! Jason Spiess and Sterling talk a little sports business in the first hour as the Super Bowl nears.

Sterling lead a conversation from an article on the psychology on losing big games and consecutive losses like when the Buffalo Bills lost four Super Bowls.

Jason transitioned into the news story of the content agreement between the WWE Network and NBC’s Peacock. Jason shared his views on how these two competing streaming networks working together during times of uncertainty should be applauded.

Sterling and Jason continue the dissection of the WWE Peacock deal by folding in past interviews with NCAA Coaching Legend Dale Brown and former NBA All-Star Mark Eaton.

Dale Brown interviewed by Jason Spiess at the Minot Investors Summit. Photo by Kevin Tobosa.

Jason recalled Brown’s views on the importance of longevity in an organization he stated it is vital yet near impossible to achieve in today’s environment. Citing “immediate gratification syndrome,” Brown said John Wooden would have been fired at UCLA if he was coaching in modern time. It took Wooden 13 years to reach the Final Four and according to Brown, too many administrators and fans would have been too greedy for victory.  Brown added too many are not concerned about the character that’s going on in the program and would have fired Wooden long before his successful run as one of the most successful coaches in NCAA history.

Former NBA All Star Mark Eaton discusses teamwork with Jason Spiess. Photo by Kevin Tobosa

Eaton used a sports metaphor: the Lakers, Celtics and other great organizations had a central core that stayed together. He said that allows a system to be built while the people learn to work with each other and play off each other. Eaton continued to say that in today’s world it is too corporate and people are to busy climbing on top of each other trying to get ahead. He said the ones who understand the concept of teamwork – if the team wins you win – those who take that attitude “generally have a much happier culture within their organization.” He said the culture within your organization will have a direct impact on your bottom line and your organization’s success.

The final segment in the PLAY HARD portion of the program focused on the changing world of social media and how it plays into the professional world.

Sterling and Jason deep dive into this percolating issue in the social media arena. Topics range from paid likes to using company time for personal branding to how to post social posts after laying off employees. Plus much more, including a prognostication that there will be a major THUMP coming to policies in the world of social media in the next year or so.

The Crude Life SuperBowl Squares are filling up! Sign up today for free by emailing your company and logo to [email protected]

In HOUR TWO we WORK HARD with our Newsmaker Interview: Pete Obermeuller, the President of the Petroleum Association of Wyoming

Interview and summary by The Crude Life Content Correspondent Genneca Houser

Pete Obermeuller, the President of the Petroleum Association of Wyoming,

The Crude Life Morning Show: Play Hard Work Hard Episode 14

Daily Rig Count

source: tradingeconomics.com

HOUR ONE PLAY HARD:  Jason Spiess and Sterling are joined by Tiffany Wilson, Aries Buildings, on the Swan Energy Phone Lines for an update from the Permian Basin. Wilson also gives the details for the Oilfield Connections International Mardis Gras luncheon and her new role with the Permian Basin Association of Pipeliners.

Sterling and Jason list off some movie titles that are translated for cultural marketing and acceptance. For examples, in China The Full Monte is called Six Naked Pigs and in Italy Eternal Sunshine of the Spotless Mind is called If You Leave Me, I Delete You.

The Crude Life SuperBowl Squares are filling up! Sign up today for free by emailing your company and logo to [email protected]

News, Rumors and Newspeak

Biden plans to replace government fleet with electric vehicles

President Joe Biden

plans to replace the government’s fleet of cars and trucks with electric

vehicles assembled in the U.S., he said Monday when signing a new “Buy America” executive order.

The government is a major purchaser of vehicles. However, replacing such a fleet with American-produced EVs will be costly and take time. There are currently only a handful of all-electric vehicles being assembled in the U.S. Tesla, General Motors and Nissan Motor produce EVs domestically, while Ford Motor and others have announced plans to do so.

Click here for entire article

Tribes Exempt From Pause in U.S. Federal Drilling Program -Official

Native American tribes are exempt from the Biden administration’s temporary suspension of U.S. oil and gas leasing and permitting on federal lands, a spokesman for the U.S. Department of Interior said on Monday.

The clarification comes after an oil-producing tribe in Utah last week asked Interior for an exemption from the 60-day pause, saying it would hit its economy and sovereignty.

Click here for entire article

Modesto firefighters help woman trapped in bee-covered car. Then they needed help

Modesto firefighters saved a woman trapped by fear inside her vehicle that was covered by thousands of bees Thursday. But then the bees moved on to one of the fire department vehicles.

The woman had left her job at the courthouse Thursday to find a swarm of buzzing ...

The Crude Life Morning Show: Play Hard Work Hard Episode 14

Daily Rig Count

source: tradingeconomics.com

HOUR ONE PLAY HARD:  Jason Spiess and Sterling are joined by Tiffany Wilson, Aries Buildings, on the Swan Energy Phone Lines for an update from the Permian Basin. Wilson also gives the details for the Oilfield Connections International Mardis Gras luncheon and her new role with the Permian Basin Association of Pipeliners.

Sterling and Jason list off some movie titles that are translated for cultural marketing and acceptance. For examples, in China The Full Monte is called Six Naked Pigs and in Italy Eternal Sunshine of the Spotless Mind is called If You Leave Me, I Delete You.

The Crude Life SuperBowl Squares are filling up! Sign up today for free by emailing your company and logo to [email protected]

News, Rumors and Newspeak

Biden plans to replace government fleet with electric vehicles

President Joe Biden

plans to replace the government’s fleet of cars and trucks with electric

vehicles assembled in the U.S., he said Monday when signing a new “Buy America” executive order.

The government is a major purchaser of vehicles. However, replacing such a fleet with American-produced EVs will be costly and take time. There are currently only a handful of all-electric vehicles being assembled in the U.S. Tesla, General Motors and Nissan Motor produce EVs domestically, while Ford Motor and others have announced plans to do so.

Click here for entire article

Tribes Exempt From Pause in U.S. Federal Drilling Program -Official

Native American tribes are exempt from the Biden administration’s temporary suspension of U.S. oil and gas leasing and permitting on federal lands, a spokesman for the U.S. Department of Interior said on Monday.

The clarification comes after an oil-producing tribe in Utah last week asked Interior for an exemption from the 60-day pause, saying it would hit its economy and sovereignty.

Click here for entire article

Modesto firefighters help woman trapped in bee-covered car. Then they needed help

Modesto firefighters saved a woman trapped by fear inside her vehicle that was covered by thousands of bees Thursday. But then the bees moved on to one of the fire department vehicles.

The woman had left her job at the courthouse Thursday to find a swarm of buzzing ...

Kathleen Sgamma , president, Western Energy Alliance comments on the executive orders ordering a ban on oil and natural gas development on public lands.

A ban on oil and natural gas development on public lands by

President-elect Joe Biden would severely harm the economies of eight

western states, according to a Wyoming Energy Authority study conducted

by University of Wyoming Professor Tim Considine. Over the next four

years, the human cost of fulfilling Biden’s campaign pledge would be an

average of 72,818 fewer jobs annually. Lost wages would total $19.6

billion, economic activity would decline $43.8 billion, and tax revenues

would drop $10.8 billion by the end of Biden’s first term in Alaska,

California, Colorado, Montana, New Mexico, North Dakota, Utah, and

Wyoming. By 2040, Gross Domestic Product (GDP) would decline by $670.5

billion and average annual job losses would exceed 351,000 across the

West.

Wyoming, which ranks first in natural gas production on public lands

and third in oil, would lose $138.3 billion in GDP over the next 20

years. Between 2021 and 2024, a drilling ban would eliminate:

* 18,228 jobs on average each year* $10.6 billion in oil and natural gas investments* production valued at $3.8 billion* $2.1 billion in tax revenue to the state* $10.3 billion in GDP* $4.7 billion in wages.

Across the eight states that together provide over 97 percent of

federal onshore production, closing off public lands over the next 20

years would result in:

* Average annual job losses reaching 351,555 by years 2036 through 2040* GDP dropping by $670.5 billion* Oil and natural gas investment plummeting $389 billion, leading to a loss of $502.6 billion worth of production* The elimination of $159 billion in state tax revenues and $300 billion in lost wages.

The report entitled, “The Fiscal and Economic Impacts of Federal Onshore Leasing and Drilling Bans,” analyzes the economic impacts of two potential scenarios: a leasing moratorium and a ban on approving drilling permits. The full report is available online.

Sponsors, Music and Other Show Notes 

Kathleen Sgamma , president, Western Energy Alliance comments on the executive orders ordering a ban on oil and natural gas development on public lands.

A ban on oil and natural gas development on public lands by

President-elect Joe Biden would severely harm the economies of eight

western states, according to a Wyoming Energy Authority study conducted

by University of Wyoming Professor Tim Considine. Over the next four

years, the human cost of fulfilling Biden’s campaign pledge would be an

average of 72,818 fewer jobs annually. Lost wages would total $19.6

billion, economic activity would decline $43.8 billion, and tax revenues

would drop $10.8 billion by the end of Biden’s first term in Alaska,

California, Colorado, Montana, New Mexico, North Dakota, Utah, and

Wyoming. By 2040, Gross Domestic Product (GDP) would decline by $670.5

billion and average annual job losses would exceed 351,000 across the

West.

Wyoming, which ranks first in natural gas production on public lands

and third in oil, would lose $138.3 billion in GDP over the next 20

years. Between 2021 and 2024, a drilling ban would eliminate:

* 18,228 jobs on average each year* $10.6 billion in oil and natural gas investments* production valued at $3.8 billion* $2.1 billion in tax revenue to the state* $10.3 billion in GDP* $4.7 billion in wages.

Across the eight states that together provide over 97 percent of

federal onshore production, closing off public lands over the next 20

years would result in:

* Average annual job losses reaching 351,555 by years 2036 through 2040* GDP dropping by $670.5 billion* Oil and natural gas investment plummeting $389 billion, leading to a loss of $502.6 billion worth of production* The elimination of $159 billion in state tax revenues and $300 billion in lost wages.

The report entitled, “The Fiscal and Economic Impacts of Federal Onshore Leasing and Drilling Bans,” analyzes the economic impacts of two potential scenarios: a leasing moratorium and a ban on approving drilling permits. The full report is available online.

Sponsors, Music and Other Show Notes