December 22

3 Podcasters Walk in a Bar – Episode 41

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3 Podcasters Walk in a Bar – Episode 41

 

Highlights of the Podcast:

03:16 – The conference of the past

05:30 – The president of the UK put in a very good note

08:50 – The Crude Truth for the energy transition

12:03 – The EIA put out those rules

13:48 – The average coal-fired power plant generates

17:42 – Nuclear power coordination is going to be a game-changer

19:27 – The fastest bomber ever built

21:09 – The most unbelievable historical coincidence in energy history

24:32 – Chevrolet looking to invest more than $14 billion

25:55 – Russia and China involvement in Venezuela

 

With 3 unique personalities, backgrounds, and one horrible team sense of humor, it makes for fun talks around the energy markets.

David Blackmon is a Forbes author and currently writes Energy Absurdities of the Day. He has several active podcasts with ….. His industry leadership is evident, but a dry, calm way of expressing himself adds a different twist.

R.T. Trevillon is the podcast host of The Crude Truth filmed in Fort Worth Texas and runs an oil and gas E&P company. Pecos Country Operating has been in business for ….years and has a constant commitment to all of their stakeholders and is actively working in this oil and gas market.

Stu Turley is the co-podcast host of the Energy News Beat Podcast. While Stu is a legend in his own mind, [email protected]

 

David Blackmon LinkedIn

DB Energy Questions 

The Crude Truth with Rey Trevino

Rey Trevino LinkedIn

Energy Transition Weekly Conversation

David Blackmon LinkedIn

Irina Slav LinkedIn

Armando Cavanha LinkedIn

Follow Stuart On LinkedIn and Twitter

If you have any questions, please reach out to us. We want to answer all questions, and if you have what it takes to be a podcast host and you want your show reach out.

Also, sponsor slots are available. There is excellent reach with the four podcasts.

David-Option-2-300x179.png

DB Energy Questions 

David Blackmon LinkedIn

The Crude Truth - With The Rey Trevino

The Crude Truth with Rey Trevino

Rey Trevino LinkedIn

The Energy News Beat Podcast

Stu Turley LinkedIn

Video Transcription edited for grammar. We disavow any errors unless they make us look better or smarter.

3 Podcasters Walk in a Bar – Episode 41

 

Stuart Turley [00:00:14] Hello Everybody, Do you ever heard that crazy cotton pickin uncle, sitting there at a Christmas party, and all of a sudden he starts telling a joke. These three guys walk into a bar even though the other two guys were walking into that bar my name is Stu Turley President CEO of the sandstone group. I got me some cool cats here today.

David Blackmon [00:00:33] Where.

Stuart Turley [00:00:34] Looking around, Hey, I got David Blackmon, David Blackmon is a legend in my mind.

David Blackmon [00:00:41] Yeah.

Stuart Turley [00:00:42] Incredible. This guy is a Forbes contributing author. He’s on Telegram. He’s on The Daily CALLER. He’s on the energy transition. He is on the energy question, which is going through the roots. How are you man?

David Blackmon [00:00:55] I’m just lovely. Happy to be here at the flying saucer in downtown Fort Worth. With all of our adoring fans here in attendance and a lot of live music playing. Talking about the end of COP 22.

Stuart Turley [00:01:08] I just took

David Blackmon [00:01:10]  They’re still messing around the level of what he’s doing now.

Rey Treviño [00:01:12] Yeah

Stuart Turley [00:01:13]  I just turned, we are in a bar.

David Blackmon [00:01:18] Yes, we are, turn it over to RT.

Stuart Turley [00:01:20] We have RT. RT. You’re actually the human on this crew. And this is RT. He’s one of them big dogs over there at the PECOS operating, he has the Crude truth. Not only does he talk about crude truth, he is crude. All you have to do is go to search on his website. Crude truth and it comes out number one on Google and tells you you’re an animal. Welcome.

Rey Treviño [00:01:46] Thank you, Stu, as always. And yes, we are live here today at once again, back at the flying saucer. It’s great to be back with you guys. Is guilty since we did an episode actually live from location here at the bar. So again, shout out to the flying saucer. Thank you guys very much for the opportunity. And yeah, so don’t get shifty waitresses.

Stuart Turley [00:02:07] Oh, absolutely. Hey, I’ll tell you COP28. has been driving me hilariously nuts. And I did the they were going to have any kind of deal. And finally everybody was standing up there on who got the oil to get rid of fossil fuels. But it’s not really that way.

David Blackmon [00:02:25] No.

Stuart Turley [00:02:25] And I’ve been hearing this side over here going that and David what did they come up with?

David Blackmon [00:02:31] Not much, they came up with some vague language about what is what is it transitioning away from fossil fuels. That was the language they landed on. Instead of saying we’re going to phase out fossil fuels, which was the language that John Kerry and Al Gore and all the activists wanted, I’m not really all that sure what the difference is, other than transition away was obviously seen as more open to interpretation by the countries that didn’t want to agree or dare to agree to any deal at all. And so that’s where they ended up. And, you know, whatever. I mean, it just makes this like pretty much every other cop. The conference of the past, the only two out of the 28 that have, you know, that anyone remembers are the COP three conference that took place in Kyoto in 1999. And then, of course, the Paris conference at which the Paris Accord was struck in 2015. Those are the only two anybody ever talks about. And two years from now, nobody will be talking about this conference either.

Stuart Turley [00:03:41] Well, you know, I got a call from the staff at Dubai and they they want to know about what to do with Kerry because he tried to fly himself down the toilet because they didn’t have it. So they’ve never seen one that big before, Now RT. That was pretty far.

David Blackmon [00:04:01] I don’t even know what it means. And it Was funny.

Stuart Turley [00:04:03]  So when you sit back and you go, Wait a minute, we’re going to say there’s a Ronald Stein is I love.

David Blackmon [00:04:18] He is a.

[00:04:18] And calls me up when we do a podcast and you know, hey, they don’t make bombs at a windmill. I love you, Ronald, if you’re watching. Yeah. It’s true

David Blackmon [00:04:31] Well, they don’t. That’s true.

Rey Treviño [00:04:32] That’s so true. And, you know, I had a great opportunity to talk to David this morning about that big deal that came across last night there that they’re going to transition away from fossil fuels. And it’s nothing more than just something like David said, There was nothing more than just a way for them to feel good about themselves when they all left. COP 28 this year.

David Blackmon [00:04:52] Yeah,.

Rey Treviño [00:04:53] I think the nuclear stuff that happened last week, a cop 28 was very big. I’m definitely, I’m definitely pro nuclear.

David Blackmon [00:05:02] Oh, me too. Yeah.

Rey Treviño [00:05:03] Oh, but as far as the whole point to cop 28 is to be with climate change and to do things positive for the earth. So they ended it, quote unquote. And what they felt was a big bang by saying we’re going to transition out of oil and gas. Well, great. We’ve been trying to do that working for 30 years. And I’m glad you said earlier we’ve already spent trillions of dollars trying to do that.

Stuart Turley [00:05:27] And the president put in a very good note, the president of the UK put in a very good note, and he said, when transparently responsible,.

David Blackmon [00:05:37] Yeah,.

Stuart Turley [00:05:37] I thought so.

David Blackmon [00:05:38] And that’s and that’s just part of what’s going to happen in every country. They’re going to they’re going to say, well, we’ll transition away as soon as we can afford to do that, you know, maybe in the 23rd century or I mean, you know, Uganda’s transition away is going to be different than Peru’s transition away. And America’s is going to be different from England’s. And China is a name. We’re going to worry about it. And so it’s just it’s it’s it’s meaningless. It’s just hot wind and. Word. Salad.

Stuart Turley [00:06:10] One salad.

David Blackmon [00:06:11] Word salad. Kamala Harris might as well written That a great. She was. There. Maybe that’s why. Yeah, That explains it. Yeah

Stuart Turley [00:06:19] And then at midnight, you interviewed Grace Stanke. I thought that was vampire.

Rey Treviño [00:06:24] Oh, yeah. That was a while back last week. Yeah.

Stuart Turley [00:06:27] Oh, yeah. And I’ve got another one for you guys. I interviewed all believers. You said the head of the Energy to Save Alliance. She’s the CEO. And what what a concept? I was sitting there trying to think, Wait a minute. I never even thought of this. Why not save the energy? And that way you don’t have to produce it. They go out and they work with regulations. They work with everybody to try to save energy. That way it helps to keep the load off the grid class acid rain. I mean, she tells me you’re going to love it as well.

David Blackmon [00:07:05] You know what? It just occurred to me, it took me a minute to absorb it, but he just was complaining about. It having been a week since he talked to Miss America.

Stuart Turley [00:07:13] Right.

David Blackmon [00:07:16] I admit, This guy. I don’t even know what to do. How am I in the same room with this guy?

Stuart Turley [00:07:19] I don’t know. He’s a you’re legend in my mind. I mean, the legend.

David Blackmon [00:07:24]  This is the most interesting man in energy right here.

Rey Treviño [00:07:26] That’s a lie

Stuart Turley [00:07:30] That could be a new graphic that we have. You know, I’m the most interesting man in the world.

David Blackmon [00:07:38] Exactly, That’s what I’m saying that I don’t. Always talk to Miss America, but when I don’t. They Complain about it

Stuart Turley [00:07:43]  For the staff, I want a new advertisment for RT.

Rey Treviño [00:07:49] No,.

Stuart Turley [00:07:50] I’m the most interesting podcast host, and and.

Rey Treviño [00:07:53] No, thats a. I think There’s some other people that could take that title, but I could give up any time. This is our podcast to promote. And so.

Stuart Turley [00:08:12] I’m the kid with the pork chop. I am so ugly. I got to have the pork chop around my neck just to have the dog playing it. So, you know, it’s like I pay you guys that,.

Rey Treviño [00:08:25] You know what you talk about that. Isn’t there some for our listeners out there and our viewers that don’t know we’re gonna be at Nape?

Stuart Turley [00:08:33] Yes.

Rey Treviño [00:08:33] And I think there’s another group that’s going to have to be out there in NAPE, and I think they’re either paying people to be on their show. Something like that. But.

Stuart Turley [00:08:43] We don’t train.

Rey Treviño [00:08:44] On our body, but we are going to have a booth and we are inviting anybody that wants to be on the Crude Truth for the energy transition, the energy question, or more importantly, the daily energy news beat, which will be coming live from NAPE, please, you know, reach out. We’d love to talk to you, but know what a week it’s been. Yes, I had the opportunity last week to interview this. Grace. Thank you again. And I tell you what, with people like her well into the future with, I guess, Gen-X or Gen-Z,

David Blackmon [00:09:19] Gen Z. Gen Z.

Rey Treviño [00:09:19] We’re headed in a great place. I mean, oil and gas is going away for 100 years. So me and my son, we don’t got to worry about that. But man, if you can’t sit here and see that energy and nuclear is not the crude future, then you’re you’re living under a rock.

David Blackmon [00:09:36] Yeah, we have to have a lot more nuclear. And by the way, you speaking of Gen Z, I, I had a conversation just yesterday with a young man who’s a graduate student at Boston College University, heading up a research group there on the energy transition , He’s one of smartest people I’ve ever talked to about energy. He’s he’s got his minds exactly in the right place. He understands what all the real issues are, what all the real problems are. And he’s working on real solutions and not all this pie in the sky nonsense. And it was just it was I won’t say his name because it might embarrass him, but it was really refreshing to know that that kind of research is happening at our universities. And these these young people, they’re getting I mean, obviously, this young man has had a tremendous education and what’s happening in this transition. And so that just really bodes well for the future. And, you know, for my grandkids generation.

Rey Treviño [00:10:31] I’m excited, you know, as I continue as a lot of people go back to school right now and it’s just really.

Stuart Turley [00:10:39] First or second grade,.

Rey Treviño [00:10:41] Repeating that second grade,.

Stuart Turley [00:10:42] Repeating. Jethro Bodine.

David Blackmon [00:10:44] Remedial remedial.

Rey Treviño [00:10:45] You know. So I remember when when I graduated from high school and I went to college, they made me take an entrance exam. I didn’t take math class our senior year in high school in Texas, so.

Stuart Turley [00:11:01] I failed that test.

Rey Treviño [00:11:06] But, you know, I. We take a test in Math and I’m like, I would take a Math in a year. Actually, you know, I spent over a semester taking remedial math class all year long. I mean, but anyway, no, I’m back in college right now, and there are so many people out there that truly have common sense.

David Blackmon [00:11:25] Yeah.

Rey Treviño [00:11:26] I just feel like they’re really overpowered and overshadowed by those that are more than just yellow banjo, that squeaky wheel, you know, you’ll always get students. And unfortunately, that looks bad on colleges across the nation. Right. But no, I get back to what they were saying. There are the great people out there that are really caring and looking forward to the future in a way that we can provide clean, sustainable energy along with natural gas and nuclear.

Stuart Turley [00:11:55] Let me ask this, because there were only two nuclear countries have signed on to that deal. How I read something. Not only did the EIA put out those rules at 3 a.m. so the country would have some some thing, you know, that was it went and launched what we thought was an air act and it was legislation for regulation. It was all. But we’re on the nuclear thing. I saw a article put out by Secretary Granholm, and I still say that if they ever if Larry Fetterman, their kid, would be in front of that. So, yes. That being said, that there was all this money.

Rey Treviño [00:12:44] Is not going to just go away. It’s not going to go anywhere.

Stuart Turley [00:12:47] Okay.

David Blackmon [00:12:48] I think,. Again, I don’t. Know what that means, but it made me laugh. So it’s

Stuart Turley [00:12:51]  Right. I’m sitting here And I saw something from Granholm and GranHolm said that they’re going to put all of their money in the state.

Rey Treviño [00:13:04] Yeah.

David Blackmon [00:13:04] Yeah. Which is a complete waste of money. But anyway,.

Stuart Turley [00:13:06] You know. Pensions, where everything is right now and you can do you’ve interviewed somebody with molten sand.

David Blackmon [00:13:16] Molten salt reactor down at Abilene Christian University in three different universities working on this research project that is going to have this nuclear reactor on the campus of Abilene Christian University, incredibly safe, safer than any other technology out there. And they’re going to be generating 500 megawatts of electricity within the next three years.

Rey Treviño [00:13:39] And it’s the size of a refrigerator, correct?

David Blackmon [00:13:42] It’s the size of a refrigerator.

Rey Treviño [00:13:43] And how much power would it be able to get?

David Blackmon [00:13:45] 500 megawatts, which is about half as much as the average coal fired power plant generates. You know. Typical coal plants, one gigawatt natural gas plant, big natural gas plant is one gigawatt.

Stuart Turley [00:14:00] I know it’s big.

David Blackmon [00:14:01] It’s it’s not only if an understand it, to be honest with you, I talked to him and and I don’t understand. But but there’s the the molten salt technology, the thorium technology. There’s several other different technologies that are being developed. And it’s all so advanced, so safe, and there’s no radiation created. And it’s just it it’s just the answer to everything. Because you can create these reactors instead of having to put them 400 miles away in the countryside of the Permian Basin and build 400 miles worth of transmission lines to get it over here to Fort Worth, you just put it right here in downtown Fort Worth.

Stuart Turley [00:14:42] Three and a half billion would pay for a lot of that.

David Blackmon [00:14:46] Yeah. Yeah. And you know, the problem with wind and solar that no one wants to talk about or think about is you have to build trillions of dollars worth of new transmission lines to move the electricity from from where the big farms are out in the countryside into these market centers in the big cities. And, you know, nobody has the money to do that. The money is not. There for. All of that. And even if you do that, the battery technology is not there to reliably back it all up and store the energy for use when the weather’s not ideal and the sun’s not shining. So nuclear’s the obvious answer. And the fact that the environmentalist community continues to demonize the nuclear energy and refuses to admit that is just the clearest example you could have that this transition, all this subsidy for wind and solar and electric vehicles is about a huge transfer of wealth and not really about the environment.

Rey Treviño [00:15:47] Yeah because if they really want if the government really cared, they would be investing those billions in the nuclear.

David Blackmon [00:15:53] Right.

Rey Treviño [00:15:53] And the natural gas. And they’re not doing that.

David Blackmon [00:15:55] And they’re not doing it.

Rey Treviño [00:15:56] You know,.

Stuart Turley [00:15:56] I will say there is a place for wind and solar and it’s not just the bottom of the sea because the whales have a to right. There is a place where, things are still there. I’m all about it. It’s the technology and it’s sustainable. Without money. I’m all in.

Rey Treviño [00:16:15] Oh, well, yeah, no. Plus, that’s rich, you know, here. Fort Worth Eagle Mountain Lake Regatta is a great sailboat that goes on every year. So we need wind to watch the good sailboat races for sure. I mean, so do I get it? I get it with no pulling power. No, it is. I get it.

David Blackmon [00:16:33]  Again. I don’t even know what that means, but it made me laugh.

Stuart Turley [00:16:35] I understand.

David Blackmon [00:16:38] Actually, I. Know what it means, yeah

Stuart Turley [00:16:39]  Tell them they just released their new cargo carrier and then they announce their landing gear for it. And that is a nuclear powered cargo ship that is longer than the Empire State Building, which is that’s a lot of COSCO goods coming across. Man, I always watch Batman. That’s cool. And then the number of LNG carriers coming out is great for saving maritime waste and the dual fuel. LNG is a huge market right now.

David Blackmon [00:17:14] Yeah, and that’s going to continue to expand because the the, the new generation of diesel, the low sulfur, low carbon diesel that they’ve been trying to to put into these ships is much more expensive and it’s it’s really raised a lot of costs for all kinds of consumer goods you know because the feels more expensive.

Rey Treviño [00:17:36] You figured this I wish we would have thought of it here in America, but that nuclear power coordination is going to be a game changer. You know, the whole reason why the Navy uses nuclear killer is because they’re going to hold more stuff.

David Blackmon [00:17:55] And you can stay off the sea indefinitely.

Rey Treviño [00:17:58] And Yes,.

David Blackmon [00:17:58] Right. I mean, all of our submarines, most all of our aircraft carriers and I don’t know about the smaller classes of ships. I think they’re still mostly diesel. But, you know, there’s no reason not to use nuclear technology and for maritime purposes. And again, it’s the reason that it has been. The industry has been stymied, goes all the way back to Three Mile Island and the inability to overcome the false messaging in the news media about radiation and all that.

Stuart Turley [00:18:29] I believe it was an extension for 100 years. I believe that was the.

David Blackmon [00:18:35] Auto canyon over in California.

Stuart Turley [00:18:37] They can’t find it. I’ll have to backtrack how many years, but either 18 or over. That’s nice.

Rey Treviño [00:18:43] Well, you know, here’s the question.

Stuart Turley [00:18:45] I’m happy, by the way.

Rey Treviño [00:18:47] No, no. Okay. You guys, along with my father and brother, both younger than my father. And I will say that I’m sorry. All you all remember having to do nuclear drills. Growing up,.

Stuart Turley [00:18:59] I do.

David Blackmon [00:19:00] Vaguely.

Rey Treviño [00:19:01] Yeah Okay.

David Blackmon [00:19:02] We had to do them when I was in first grade.

Rey Treviño [00:19:04] Yeah. And, you know, of course, what good was it? Was

David Blackmon [00:19:08] The other one. Gonna do it that made everybody feel better?

Rey Treviño [00:19:10] Yes

Stuart Turley [00:19:10] My dad sat on the alert facility for 20 years, I believe, and he had to sit there with a nuke under his airplane and wonder whether or not he was going to take off. And he had targets that he was going to bomb while he was in a B 58 oscillator, the fastest bomber ever built. They’ve never built one that’s any faster. And it was all of growing up in that environment. Sorry to tell you, I grew up in it.

Rey Treviño [00:19:38] Well, okay. Do you think the nuclear is going to take what I would call a close this transition? Because a lot of people remember the death and destruction that nuclear had.

Stuart Turley [00:19:50] That joke, podcasters out there, you know, that most transition A brief right in.

Rey Treviño [00:19:57] What? Well, I mean, is when when Moses saw the prophecy that he couldn’t go across and that entire generation had wandered around. Well, not necessarily the wandering around, but Jacob took all the next generations. So I’m wondering, as Grace Stanke continues, if they’re going to not think about all the things that you guys had to deal with, how dangerous nuclear is.

David Blackmon [00:20:24] He’s saying we’re as old as Moses and that what we’re getting to here.

Stuart Turley [00:20:27] I’m stuck on the raft. You know, his mom put him in the river and she said that. And then I went to a sidetrack when. When he was putting all the animals on there, too. Oh, that’s better. Oh, yeah,.

David Blackmon [00:20:40] That was Noah.

Rey Treviño [00:20:41] All I’m trying to say is this. I think as time goes on, it’ll get more friendly for Nuclear because people will remember all the names.

David Blackmon [00:20:49] Yes. I think everybody my age and older dies. Then nuclear is going to be a deal. Because they want nobody to remember Three Mile Island.

Stuart Turley [00:20:58] Okay.

David Blackmon [00:20:59] And and China syndrome.

Rey Treviño [00:21:01] No, Okay.

David Blackmon [00:21:04] So let’s talk about. Three Mile Island for a second. So but this is like the most unbelievable historical coincidence in energy history is the fact that the China Syndrome movie starring Jane Fonda and Kris Kristofferson came out the week before Three Mile Island happened. If flopped at the box office, nobody went and saw this movie. It really wasn’t that good a movie. Three Mile Island happened and the China Syndrome became the biggest grossing movie in 1979 and was was in the theaters for a full year. Right. And and that event in 1979, that’s 44 years ago is still killing and hampering the expansion of the nuclear power industry in the United States today. and it’s all because of a damn movie.

Stuart Turley [00:21:53] I want your opinions on this because this the House just voted to sanction Russia, not to ban Russian uranium. That’s 12% of our uranium and to our nuclear fleet. I mean, we just shot ourselves in the Bahamas.

David Blackmon [00:22:11] Why does Russia own 20% of our uranium, by the way?

Stuart Turley [00:22:14] Yeah.

David Blackmon [00:22:15] Because Hillary Clinton gave it to sold it to.

Stuart Turley [00:22:19] She’s. He’s right here. Right here. Go ahead.

David Blackmon [00:22:30] Anyway. Arkansas. Come in my way

Stuart Turley [00:22:30]  You know, all the Whitewater files were in the Oklahoma City office of the Oklahoma City bombing. So I just kind of find that.

David Blackmon [00:22:40] I don’t know anything about that.

Stuart Turley [00:22:42] So if you’re going to go and throw us all on the rebels, we might as well just pack up and go off that whitewater grab. I was.

Rey Treviño [00:22:50] I was a when that what happened when.

Stuart Turley [00:22:52] You were just thinking about toys,

David Blackmon [00:22:54] Just so everybody knows I did not commit suicide by shooting myself in the back of the head with a shotgun.

Stuart Turley [00:23:01] But you did. As long as you don’t go hunting with Cheney. You’re Okay

David Blackmon [00:23:05] I never go hunting with anyone named Cheney.

Stuart Turley [00:23:07] No,.

David Blackmon [00:23:08] No,.

Stuart Turley [00:23:08] No. That’ll get you shot.

Rey Treviño [00:23:13] And those are facts of life from 3 podcasters.

Stuart Turley [00:23:16] Okay we’re all we are.

David Blackmon [00:23:19] I have no idea. Where we go

Stuart Turley [00:23:21] Squirrel.

David Blackmon [00:23:23] Squirrel.

Stuart Turley [00:23:24] There is one. Oh, no, that’s the scarf. The lady’s got her shirt. I thought that was a squirrel. Okay. The one thing that I do. We just signed a ban on the uranium.

Rey Treviño [00:23:35] Yeah.

Stuart Turley [00:23:36] We need to find out if Pelosi is investing in uranium, because while she’s invested investment, I think we need.

David Blackmon [00:23:47] To go buy it. Yeah, you’re probably late.

Stuart Turley [00:23:49] RYou’re not offering stock tips, by the way, but if Pelosi listening here. Would you please call the show.

David Blackmon [00:24:00] One 800 Call Stu.

Rey Treviño [00:24:10] You know, I think that this guy was starting to show jitters and we haven’t done a show in person.

David Blackmon [00:24:14] Yeah.

Rey Treviño [00:24:15] So you know

David Blackmon [00:24:17] At Least we talked about COP28.

Rey Treviño [00:24:18] Talked Cop28,  top five nuclear,.

Stuart Turley [00:24:20] telegram  and moses

David Blackmon [00:24:26] Moses? Where we we have moses tops, Yeah,.

Rey Treviño [00:24:28] But also, you know, I will say this with Chevrolet looking to invest more than $14 billion in the Permian. next year $12 billion.

David Blackmon [00:24:38] Yeah, 12. I think.

Rey Treviño [00:24:39] 12 billion in the Permian next year.

Stuart Turley [00:24:41] 12, 12 five. And I’ll read you.

Rey Treviño [00:24:47] Oil. Gas isn’t going anywhere. Well, okay. They just bought hers and they’re still going to still have 12 billion to deploy next year. Oil, gas isn’t going anywhere and they won’t be investing in oil and gas if they didn’t think they were going to make money.

David Blackmon [00:25:00] So when they bought Hess, did you think do you reckon they thought they’d be doing business with Maduro instead of Guyana?

Rey Treviño [00:25:07] You know, what about that? What about that? That’s a great point. I’m thinking to bring up the fact that, you know, Venezuela particular has crosshairs on Guyana right now.

David Blackmon [00:25:17] Well, they’re threatening anyone.

Rey Treviño [00:25:19] Yes. But they’re

Stuart Turley [00:25:23] Are you going to that stool podcast, what’s a podcast,.

David Blackmon [00:25:27] Here.

Stuart Turley [00:25:28] Yeah, well, part of the wellhead is a permanent.

David Blackmon [00:25:36] You know, maybe it’s time to wrap up.

Stuart Turley [00:25:39] One of your last thoughts. Here is your last are.

David Blackmon [00:25:41] Maduro won’t invade because the US isn’t going to let him.

Stuart Turley [00:25:45] What are your last thoughts?

Rey Treviño [00:25:47] Really?

David Blackmon [00:25:48] Yeah.

Stuart Turley [00:25:48] Yeah. No,.

Rey Treviño [00:25:48] With Stanke

David Blackmon [00:25:50] Monroe. Doctrine, baby.

Rey Treviño [00:25:50] Okay,You heard it here first. By David Blackmon.

David Blackmon [00:25:55] Too Much Russia and China involvement in Venezuela. And that’s really the motivating factor.

Stuart Turley [00:26:00] Okay. All those in favor.

Rey Treviño [00:26:03] I want I will say this all. Speaking of your show, the energy transition in the last couple of weeks has been great. I know. I said it last week. I read it again. Please come back soon.

Stuart Turley [00:26:14] I talked to her this morning, by the way.

Rey Treviño [00:26:15] Well, good. Good to hear from listeners out there that don’t watch it or listen every. It’s almost every Monday morning, almost every Monday morning at 8 a.m. So.

David Blackmon [00:26:28] Fixing to do it again next Monday, too.

Rey Treviño [00:26:30] Yes

Stuart Turley [00:26:30] Yes. And I’m only for all those listeners out there. I am only learning that sit that is Irina sit. All right. With that, this is a three podcasters. We got David Blackmon, RT Traviño. And I’m Stu Turley yell, scream and hug your family. We’ll see you next time.

 

 

 


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3 podcaster walk into a bar, David Blackmon, RT Trevino, Stu Turley


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