Mr. Global
I have shown you some stuff from this fella before. He's good and this particular clip is good.
I've gone over all this oil and LNG export stuff with you before, many times over the years; resources in America are horribly mismanaged and the abundance bull shit this administration promotes is simply not the truth. We have put a pack of coyotes in charge of guarding the last of our resource chickens in this country, from Washington down to Austin, and the chickens are starting to disappear.
Mr. Global chose a different path than I had, have time for and as my friends tell me these days people would rather watch, than read. Reading takes too much time. So as this fella is now on his way to Washington D.C.; I hope he does not back down. I wish him the very best of luck.
Mike, Like you I watched the video and there was nothing he said that you have not already said. I wish Mr Global well in trying to educate the politicians. This applies across the globe. In all my time spent in the industry I have watched the shit float to the top. Nowadays, the management do well to get to the end of the executive summary. Powerpoint has become the mainstay of business management. You can sell anything with powerpoint, especially if the graphs depict endless growth. Dig down and you will soon realise that the presenter has a very shallow knowledge of the subject. Very soon there is going to be the day of reckoning when the pipeline runs dry.
Until Covid I was speaking about tens times a year at various conferences. I often spoke of caution about shale resources and frequently over-layed the Ghawar field with the Permian. I then compared the Saudi wells with the US oil wells The Saudis produce their 10 million b/d with 4000 producing wells. The US has in excess of 500k "oily wells". Mr Global's comment on the number of drilling rigs in the US and KSA was spot on.