The Jay Young Show

U.S. upstream oil and gas M&A has reached $80.5 billion in 2026, and the EIA is forecasting Brent crude near $100 per barrel through year-end. What does this mean for the industry, operators, and investors?

Join host Rachel Griffith alongside King Operating Corporation's Founder & CEO Jay Young, EVP of Operations Kelly Duncan, and EVP of Geology Mark Ayers for this week's Oil & Gas Rundown Live.

Here's what's on the Rundown:

• The Rundown: Jay breaks down the latest upstream M&A activity, oil price forecasts, and what to watch in the energy markets.
• From the Field: Kelly shares operational updates from King's Bivins Ranch and Mid-Continent projects.
• Oil & Gas 101: Mark explains the differences between shale, sandstone, and limestone—and why rock type matters for oil and gas production.
• Investor Corner: Rachel discusses Q4 tax planning considerations and why understanding potential tax benefits before year-end matters.
• Inside King Operating: Updates on development, production, and KOP III.
• What's Next: King's 30th anniversary, the upcoming second edition of Jay's book, and our November 19 webinar with John Mauldin.

UPCOMING WEBINAR | NOVEMBER 19 AT 2 PM CT

Ask John Mauldin Anything: Energy, the Economy & What Comes Next

Join renowned economist and investment strategist John Mauldin for a timely discussion on the economy, energy markets, and the forces shaping what's ahead. Attendees will have the opportunity to ask John their own questions. Register here: https://kingoperating.zoom.us/webinar/register/1917938068068/WN_M0I2OW7wR3yWI5m0Ggul2g

Get an exclusive first look at the second edition of The Upside of Oil & Gas Investing:
https://kingoperating.com/upside-2nd-edition/

Join us every Wednesday at 2 PM CT for the latest energy headlines, field updates, and educational insights from the King Operating team.

For educational purposes only. Oil and gas investments involve risk, and tax benefits depend on individual circumstances. Any King Operating securities offering is limited to verified accredited investors under SEC Regulation D, Rule 506(c).

Could oil keep steady at $80 a barrel and natural gas climb to $5 in 2027? And could America's natural gas resources become one of its biggest competitive advantages in the global AI race?

On this episode of The Jay Young Show, Jay Young and co-host Jordan Soto welcome back Rob Thummel, Senior Portfolio Manager at Tortoise Capital, for an in-depth discussion on the forces shaping the energy markets and what investors should be watching heading into 2027.

From geopolitical tensions and oil supply to growing electricity demand from AI data centers, Rob shares his outlook on crude oil and natural gas prices, LNG exports, refining capacity, and where he sees opportunities across the energy sector.

The conversation also explores why major oil producers are maintaining capital discipline, how global conflicts could influence commodity prices, and why natural gas may play an increasingly important role in powering America's future.

Plus: Jay discusses year-end tax planning, the potential tax advantages of qualifying direct oil and gas investments, and King Operating Corporation's Oil & Gas Tax Calculator.

Sponsored by King Operating Corporation, celebrating 30 years in business.

Learn more about oil and gas investing and explore our Tax Calculator at www.kingoperating.com.

Subscribe to The Jay Young Show for conversations with industry leaders, investors, and entrepreneurs shaping the future of energy and business.

For educational purposes only. Market forecasts are opinions, not guarantees. Investments involve risk, and tax benefits depend on individual circumstances. King Operating investment opportunities are available to verified accredited investors only.

Faithfulness isn't just about showing up when things are easy. It's about staying committed, keeping your word, and standing by your values when challenges arise.

In this episode of Jay's Weekly Five, part of The Jay Young Show, Jay Young shares his thoughts on the word of the week, Faithful, and reflects on Hebrews 10:23 as a reminder to trust God's promises and stay the course through life's uncertainties.

Plus, Jay shares his weekly recommendations:

• Book: 2 Chairs: The Secret That Changes Everything by Bob Beaudine, an upcoming guest on The Jay Young Show.
• TV Show: MobLand on Paramount+, starring Tom Hardy, Pierce Brosnan, and Helen Mirren.
• Podcast: The Grit Mindset, where Jay will be sharing his own experiences in business, leadership, and perseverance.

From faith and personal growth to entertainment and leadership, this week's episode is a reminder to stay faithful in the little things and focused on what matters most.

The Jay Young Show is proudly sponsored by King Operating Corporation, celebrating 30 years in the oil and gas industry.

Subscribe to The Jay Young Show for more conversations on business, leadership, faith, and life.

Abortion has been illegal in Texas except to save the mother’s life, so most people assume it isn’t happening here. Carolyn of Involved for Life says otherwise. In this live conversation, she explains how abortion has moved from clinics to chemical abortion pills ordered online. They’re sold from more than 90 sites with no exam and no ID check, and most are now taken at home without a doctor.

Carolyn has spent 30 years in this work and left a banking career to do it. She shares the organization’s mission: to educate and empower women to make life-affirming choices, without pressure or a “bait and switch.” She also explains who comes through the doors of their two North Texas clinics. Many people are surprised to hear it’s mostly women aged 25 to 35 who are worried about their careers. About 60% of the women they serve choose life, and support continues until the child’s third birthday.

She also answers a hard question from the room: why should a group of men care? Her answer: men were made to be protectors and providers, and many women are waiting to hear a man say, “I’ll be there. We’ll raise this child together.”

The episode also covers how the organization is funded, how churches can get involved, and the ambassadors who helped save lives this past year.

Qatar is expanding its U.S. LNG portfolio, King Operating's drilling projects are advancing, and year-end tax planning is becoming increasingly important.

This week on Oil & Gas Rundown Live, host Rachel Griffith is joined by Ryan Goeres, EVP of Engineering, and Aaron Ledyard, Land Manager, to break down the latest energy headlines, field activity, and insights for oil and gas investors.

In this episode:

• The Rundown: QatarEnergy's expanding U.S. LNG portfolio and what it could mean for American natural gas production and infrastructure.
• From the Field: Ryan shares operational updates from King Operating's Bivins Ranch and Mid-Continent projects.
• Oil & Gas 101: Aaron answers an interesting question: Can you own the land but not the oil beneath it?
• Investor Corner: Why Q4 is an important time to review potential oil and gas tax benefits and explore King Operating's online tax calculator.
• Inside King Operating: Development, production, and KOP III program updates.
• What's Next: Celebrating King Operating's 30th anniversary, the upcoming second edition of Jay Young's book, and November's educational webinars.

UPCOMING WEBINARS

November 10 | 2 PM CT
Don't Pay More Than You Have To: Tax Strategies for Business Owners & Investors with Capital Gains, featuring Ed Lyon.

Register: https://kingoperating.zoom.us/webinar/register/5217875814546/WN_G9mSTtuNTka0Ns6KIG43Hw

November 19 | 2 PM CT
Ask John Mauldin Anything: Energy, the Economy & What Comes Next.

Register: https://kingoperating.zoom.us/webinar/register/1917938068068/WN_M0I2OW7wR3yWI5m0Ggul2g

Celebrating 30 years of King Operating! Follow along with our 30 Years in 30 Days series as we look back at the people, milestones, and history behind our company.

Learn more: https://kingoperating.com

Subscribe for weekly energy market news, field updates, and oil and gas investing education.

#OilAndGas #EnergyInvesting #NaturalGas #LNG #KingOperating #TheRundown

For educational purposes only. This content is not investment or tax advice. Oil and gas investments involve risk, including potential loss of principal. Tax benefits depend on individual circumstances; consult a qualified tax professional.

Jay Young and Jordan sit down with Jay Hatfield, founder of Infrastructure Capital Advisors, to talk markets, energy, and where investors are finding opportunity right now.

Hatfield explains why he’s bullish on stocks and how the S&P could reach 9,300 next year. He also makes the case for long-term compounding with a simple idea: stay invested and “you’re the casino.” He discusses the new 530A “Trump” accounts and why he thinks they could build a generation of financially literate capitalists.

On energy, the conversation covers:

• How AI and data centers are driving natural gas demand, and why Texas is the place to build them
• Why higher oil prices can actually push U.S. natural gas prices lower
• The LNG export gap between roughly $3 gas on the Gulf Coast and $30 in Europe
• Why limits on pipelines and new projects made existing infrastructure more valuable, and how the same idea applies to data centers today
• What the Strait of Hormuz could mean for oil prices
• Why midstream looks reasonably valued compared to refiners at all-time highs

The Jay Young Show is sponsored by King Operating Corporation. With year-end approaching, learn about the potential tax advantages of direct oil and gas investing at kingoperating.com.

In this episode of Jay’s Weekly Five, Jay Young breaks down the importance of discipline and why consistency matters more than motivation. From showing up every day to making small decisions that lead to long-term success, Jay shares how discipline builds stronger habits, better leaders, and lasting results.

This week’s five:

• Word of the Week: Discipline
• Bible Verse: Hebrews 12:11
• Book Recommendation: The Compound Effect by Darren Hardy
• TV Show Recommendation: Ted Lasso
• Podcast Recommendation: The Learning Leader Show with Ryan Hawk

Success doesn't happen overnight. It comes from showing up, putting in the work, and making the right decisions consistently.

Subscribe to The Jay Young Show for more weekly insights on leadership, faith, personal growth, and success.

Oil prices are climbing, Venezuelan crude is arriving in Texas, and geopolitical tensions are raising new questions about global energy supply. What do these developments mean for the oil and gas industry and investors?

In this week's Oil & Gas Rundown Live, host Rachel Griffith is joined by King Operating Founder & CEO Jay Young and members of the King Operating team to break down the latest energy headlines, share updates from the field, and discuss what investors should be watching as 2026 comes to a close.

In this episode: 

• Oil & Gas Market Update: Venezuelan crude arrives in Texas under a new U.S. agreement, while a reported attack on Saudi Arabia's largest refinery raises concerns about global oil supply and prices.
• From the Field: Updates on drilling, completions, and production activity across King Operating's Bivins Ranch and Mid-Continent projects.
• Oil & Gas 101: EVP of Geology Mark Ayers explains how geologists map underground formations and identify potential oil and gas resources without drilling.
• Investor Corner: Why Q4 tax planning matters and how certain oil and gas investments may offer potential tax advantages for eligible investors.
• Inside King Operating: The latest development activity, operational milestones, and KOP III updates.
• What's Next: Celebrating King Operating's 30th anniversary, an upcoming second edition of Jay Young's book, and November's educational webinars.

From global market developments to what's happening in the field, get the information you need to better understand the energy industry.

Learn more: https://kingoperating.com

Explore our tax calculator: https://kingoperating.com/tax-calculator/

Upcoming Webinars:

November 3: Oil & Gas Market Update: Election Day, Oil Prices & What Comes Next, featuring Dan Steffens of Energy Prospectus Group.

Register: https://kingoperating.zoom.us/webinar/register/3917919943239/WN_dl5WxA_ATgyK9VVr0aWzTw

November 10: Don't Pay More Than You Have To, the third installment of our tax webinar series with Ed Lyon.

Register: https://kingoperating.zoom.us/webinar/register/5217875814546/WN_G9mSTtuNTka0Ns6KIG43Hw

Subscribe for weekly oil and gas market updates, industry insights, and investor education.

Disclaimer: This content is for informational and educational purposes only and does not constitute investment, tax, or legal advice or an offer to sell or solicitation to buy securities. Oil and gas investments involve risks, including potential loss of principal. Consult qualified professionals regarding your individual circumstances.

What if your next big business opportunity came from a single conversation? In today's world, building meaningful relationships, expanding your network, and creating the right content can open doors that traditional marketing alone may not.

In this episode of The Jay Young Show, Jay Young sits down with Ryan Harper, founder of Harper Belmont Media and host of The Deal Table, to discuss how strategic networking, storytelling, and media can help entrepreneurs build relationships, strengthen their brands, and create new business opportunities.

Ryan shares how pursuing an Executive MBA at Southern Methodist University (SMU) introduced him to influential business leaders, investors, and entrepreneurs across Dallas. He also explains how he leveraged podcasting to expand his professional network and build connections that might otherwise have been difficult to establish.

From producing high-quality content to understanding the long-term value of relationships, Jay and Ryan explore why successful business development often requires more than traditional marketing strategies. They also discuss how entertainment, documentaries, and digital media can shape public perception, establish credibility, and support business growth.

Topics covered include:

• How networking can open doors to new business opportunities
• Why Ryan Harper pursued an Executive MBA at SMU
• Building relationships with executives, investors, and business leaders
• How podcasting can become a powerful networking tool
• Using storytelling and entertainment to strengthen your brand
• Why businesses should invest in long-term content strategies
• The importance of building credibility through digital media
• Overcoming imposter syndrome and stepping outside your comfort zone
• Why meaningful relationships can be more valuable than immediate transactions

Whether you're an entrepreneur, investor, business owner, or professional looking to expand your network, this conversation offers insights into the power of relationships, strategic content, and taking advantage of unexpected opportunities.

Success isn't just about talent. It's about passion, perseverance, and the determination to keep going when things get tough.

In this episode of Jay's Weekly Five, Jay Young, Founder and CEO of King Operating Corporation, explores the power of grit and why resilience, consistent effort, and a willingness to learn from setbacks are essential in business, leadership, and everyday life.

Drawing on 30 years of experience in the oil and gas industry, Jay shares five recommendations and lessons centered on perseverance, faith, and long-term success.

This week's five include:

• Word of the Week: Grit and the importance of perseverance through challenges.
• Bible Verse: James 1:12 and the value of remaining steadfast through life's trials.
• Book Recommendation: Grit: The Power of Passion and Perseverance by Angela Duckworth.
• Podcast Recommendation: The Knowledge Project with Shane Parrish, exploring leadership, decision-making, and personal growth.
• TV Show Recommendation: The Last Dance, highlighting Michael Jordan's determination and relentless pursuit of excellence.

Jay also shares an update on the upcoming second edition of his book, The Upside of Oil and Gas Investing, featuring new material on 1031 exchanges and J-Units.

Whether you're building a business, leading a team, or pursuing a personal goal, this episode is a reminder that meaningful progress takes patience, persistence, and grit.

Learn more about King Operating Corporation: https://kingoperating.com

The Jay Young Show is sponsored by King Operating Corporation.

Three decades of experience. Built for what's next.