February 22

3 Podcasters walk into a Bar


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.


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 into a Bar Episode 49


David Blackmon [00:00:00] Regulate things out of existence. But. But what’s happened in the oil business over the last 165 years is every time the federal government tries to regulate it out of business. It’s such a nimble industry run by such smart people that that they always find a way to adapt and keep getting their business done. And and that’s what’s going to happen here as Bloomberg. You know, I just published Stu, our interview with Bloomberg from May and, you know, as he talked about, in that podcast and everyone I think should watch it, this really smart economist, really brilliant guy. It’s just the market is too nimble and adaptable for governments to manage. And 50 years from now, where we’re inevitably going to be still using even more oil, natural gas and coal than we use today because the the population and the growing population on Earth and all these, expanding technologies like AI and all the new data centers and all the Bitcoin miners use so much energy and recharging electric vehicles adds to that. Yeah. You just going to have to have more of it and use more of it. And the government is just not going to be able to regulate it or legislated it out of existence. It just the light doesn’t work that way. The real world does not conform itself to the wishes of arrogant politicians.

Rey Treviño III [00:01:37] You know, I’m glad you said that. And again, it just goes back to that previous point that people just think they plug in and that’s electricity and that’s that’s all. All it does is that that’s where electricity comes from, is from an outlet in the world. And it just blows my mind how people don’t understand. It’s like, okay, put us all on electric vehicles. I mean, I saw one the other day, guy said, I even like, there was, a Porsche Taycan or Taycan or something like that. It’s like an awesome looking, but it’s all electric and it looks. Yeah, right. It’s awesome. And yeah, very beautiful. And it’s to go 0 to 60 and like four seconds. That’s great. So I could be one of those. Yeah. But can we.

David Blackmon [00:02:18] Digress for a second right there.

Rey Treviño III [00:02:20] Of course. Yes.

David Blackmon [00:02:21] That’s a selling point for electric vehicles is the stupidest selling point I’ve ever heard of in my life. Most people buying electric vehicles are wealthy individuals in big cities with stop and go traffic constantly. And and on the surface streets you’re driving and 35 mile an hour speed zones. Who gives a damn how much torque the car has?

Rey Treviño III [00:02:46] It’s a force every day. It’s a force. I would picture myself driving that thing down like Fredericksburg, you know, you know, get up in the mountains somewhere. Hopefully there’s a charging station at the top of the mountain, but. But the point I’m trying to make here is. All right, I’m in vehicles. Yeah, I know, put us all all electric vehicles. We don’t have a power grid to support everybody on electric vehicles. I mean, just think about all the 18 wheelers. I mean, as I was traveling to town last night, you know, you see all the truck stops just lined up with trucks. So what are they going to charge for the next ten hours? I mean, you know, you know what? We you know, I believe that. Well. What?

David Blackmon [00:03:29] You’re not supposed to think about that hour, too. You know, it goes against the narrative.

Rey Treviño III [00:03:33] I know, I know, but I’m just a commonsense person. I think sometimes I need to dream a little bit bigger. I will say that, but. But, you know, common sense, that’s kind of where I keep it. Hey, if I can be on time, I’m happy right now.

David Blackmon [00:03:46] There you go.

Stuart Turley [00:03:47] Hey, I want to show you this video. Here we go. Here are some electric busses. And when you walk up, there’s the generator sitting there, a diesel generator.

David Blackmon [00:04:02] Something has to provide the actual power to charge their batteries.

Stuart Turley [00:04:06] Oh, I just that I got. Yeah, I got tickled with that. Sorry.

David Blackmon [00:04:10] Oh, yeah. No, no.

David Blackmon [00:04:13] Go ahead, go ahead.

Rey Treviño III [00:04:14] No, no, no. Go ahead.

David Blackmon [00:04:15] Now, Stellantis is putting generators in their electric vehicles. They’re installing small diesel powered generators in their electric pickup trucks to charge the battery while you’re driving. What do we call cars like that? What have we call what’s the name for hybrids? It’s all about battery electric vehicles. They’re hybrids.

Stuart Turley [00:04:37] Yeah, I talked about that last night on the Or the night before.

David Blackmon [00:04:41] You know, you didn’t do the show yesterday. Don’t say you didn’t do it again.

Stuart Turley [00:04:46] Oh, yeah. Yeah.

Rey Treviño III [00:04:47] Michael Davis. Oh.

Stuart Turley [00:04:49] Yeah. He’s much better than I am. So yes. Yes, he is so much better. I want to give Michael Tanner a shout out, but, on the other the day. Before that, before I was so rudely interrupted by this good looking gentleman. And I’m in a, coffee bar. That it was. What the hell was I thinking? I was going to say something, but I just had a David Blackmon senior moment.

Rey Treviño III [00:05:19] Well, I will say this, you know, there’s just no way that. Oh, yeah. Oh, the the vehicles. Okay. Could we, like, create power by, like, using the, the the way the fan continues to turn all the time or the tires, we can generate energy that way. I mean, there’s so many things we.

Rey Treviño III [00:05:37] Could do,.

Stuart Turley [00:05:38] And energy is, there.

Rey Treviño III [00:05:40] And and I went down a. The other thing is I went down a rabbit hole with Tesla last night because in my class yesterday, you know, I’m in this class and I’m thinking these people that are teaching me things like, are not giving me the Boston Tea Party, the shenanigans, you know, it’s like, hey, you know, for an example, you know, the Boston Tea Party is really about the beer and the molasses and all that. And I, you know, give me the don’t stuff, don’t give me the fifth grade. So this guy basically goes off on Westinghouse, and Thomas Edison doesn’t mention Tesla at all. And it’s like we use Tesla’s stuff today. So anyway, so I went down to I had a four hour drive last night guy. So I had a lot to do.

David Blackmon [00:06:17] Okay. Well Thomas Edison stole all of Tesla, so.

Rey Treviño III [00:06:20] That’s what I’m saying. But anyway, even Tesla created some kind of electric car that went for long distances, during his time.

Stuart Turley [00:06:27] So there was it’s.

Rey Treviño III [00:06:28] Yeah, the technology is out there, and we are we are trying to do things that we can’t. And really, the best example of just let the government do something are the, modular nuclear reactors that they created 50 years ago, and they’re just now becoming public. So you.

Stuart Turley [00:06:47] Potential energy has been done before RT. And that’s what I was thinking before I had my David Blackmon senior moment. And that was, perpetual energy. Anybody that has created perpetual energy or hydrogen cars that would run on plain water with nothing else have ended up, being, dead, made dead early. This. I’m not kidding. This stuff has been created before. In fact, I’ve got one in my shop, that I’m working on, and it is a perpetual energy machine that is actually water bottles. You might as well create one.

Rey Treviño III [00:07:35] Might as well come out. Might as well. What about the guy that, took a 1940s Buick and ran 100 miles, an hour on, 100 miles per gallon of water or something like that.

Stuart Turley [00:07:46] That’s that’s one of the ones I was talking about. So.

Rey Treviño III [00:07:50] He ended up the side of the road.

Stuart Turley [00:07:52] Yeah. Yeah. Yeah, yeah. So anyway, with that. Hey, the hoodies and the blowfish, struck. Yeah. Okay. And that.

Rey Treviño III [00:08:03] Was that was a real scoop. Is that. Yeah. Is that real?

Stuart Turley [00:08:06] Okay. This is not. Yeah. Fortunately, the crew. I just found this. I think it was this. Really, that. And this just came in off of LinkedIn. I have the, LinkedIn link that I put out there.

Rey Treviño III [00:08:20] But ship this that.

Stuart Turley [00:08:22] Container ship. Yeah. It was not a tanker, but some of the things that we’re seeing, guys, is you and I have talked about this before. Why isn’t why are we why isn’t it? Boy, that’s my Oklahoma way to talk. I was like, yeah, yeah, yeah. Why? Why are we seeing higher prices, guys? You know, and you got terrorism going all around the world. I don’t get.

Rey Treviño III [00:08:46] That. That’s funny. You mentioned that because I actually had a private conversation yesterday. You were not invited to do, with him and actually, and Ireland separately, about that, because now we’re, we’re training at about $78 a barrel. So we’ve gone up, I say $10 in the last week. And, you know, it kind of goes back to what we were talking about 4 to 6 weeks ago is that now that this oil is getting to ports after going that long way around Africa, we’re finally seeing those prices at the ports that now we got to pass on to the consumers. Is that correct, David?

David Blackmon [00:09:23] But there’s still not much of a fear premium.

Rey Treviño III [00:09:25] Right.

David Blackmon [00:09:26] That’s his terms of all the upset that’s happening in the Middle East. And I don’t really understand why that is to be honest with you, because things are deteriorating slowly but surely every day in the Middle East. Yeah. As the Biden administration continues not to be able to I mean, I don’t know, you know, the US Navy obviously is not capable of keeping the Red sea open and ships out of danger from these things. And so, I, I keep expecting. The all traders who set the prices on the global market to wake up one day and realize that we have a real problem in the Middle East. It’s going to be this is not a short term problem. It’s a long term problem.

Rey Treviño III [00:10:11] Yeah.

David Blackmon [00:10:12] And it’s time to get price down.

Rey Treviño III [00:10:15] Yeah.

Stuart Turley [00:10:17] Sorry. There is about 6 or 7, articles. I was reading it, for this morning since I was out of the office yesterday, and I’m reading that everybody is in their earnings, putting out that less and less CapEx into their 20 the rest of the year, 2024 for EMP companies. That’s going to have a longer term impact on supply side coming up in Q4, Q1 of 2025. What do you guys think?

Rey Treviño III [00:10:55] I think, first of all, that is correct. But with us not spending as much money on capital expenses, we’re not going back in. And, all the production that we’re getting right now. What that’s telling me is for the bigger companies that wants that production out of that, well, they’re not going to go spend money on that. Well, to bring it back up, which is what I’ve been talking about now for 6 to 8 months, is at some point we’re going to stop producing all this oil, and we’re not going to have the supply to, to meet the demand. And the price of oil is going to shoot up. But right now, also, what they’re trying to do is, I mean, come on, it’s a business. You’re trying to make as much money as you can, because what’s one of the things that’s most important when it comes to financials? If you can lower your operating expense, you got larger profit margins.

Stuart Turley [00:11:45] And lot of the investors. And David has brought this up many, many times. And that is the oil and gas companies are, giving money back, better. And you brought up a lot about how good the, ESG or the oil companies are doing much better than they have in the past on, not pollution. So anyway, let’s take a look. I had this one this morning. Let me go over here. Ford cuts price of 2023 Mustang. By 8000. This article is pretty huge. Oh, there’s an energy absurdity day by this wonderful guy. Well, David, what’s your Substack article? Website. You’re right,.

David Blackmon [00:12:36] It’s called the energy transition absurdities. David Blackmon.Substack.com.

Stuart Turley [00:12:41] There we go. But this forward thing, guys, if they’re cutting their price by that much, that’s nuts. I mean, that that is just crazy because these things are not selling. People are throwing up on, whether or not they’re going to buy EVs.

Rey Treviño III [00:12:58] Yeah. Well, first of all, I think it’s an ugly. I mean, it’s it’s nothing but more than a little fancy Honda hatchback, but obviously, they put a mustang name on it. I mean, let’s let’s be honest and, you know, it’s a little Honda Civic hatchback and, so and are they really cutting the price or are they doing that stupid. Hey, we’re going to knock off 8100 bucks, or is that the mSRP that they’re actually cut the price?

David Blackmon [00:13:22] You know, they’re killing the price, but they have to go talk to the manager first, right?

Rey Treviño III [00:13:26] Oh, of course, you know, we got a good deal for you today.

Stuart Turley [00:13:29] Got a good.

Stuart Turley [00:13:29] One. But, guys, it’s. So instead of losing $47,000 per car, they’re going to lose now. 47 plus eight. How much is that per car?

Rey Treviño III [00:13:42] I know.

Stuart Turley [00:13:44] I’d like to have a moment of silence for my brother in law who loves EVs. Oh, okay.

Rey Treviño III [00:13:52] Well, does he have the force of his? Of course. I mean, guys, look at that force. It is sick. I’m not going to lie in.

David Blackmon [00:13:57] This week looking. Garcia.

Rey Treviño III [00:13:59] All right.

Stuart Turley [00:14:00] Hey, I I big pork. I sold my Ford 250, about two years ago, and I have not bought a replacement for it. And I’m thinking of going to a 350 just because I can.

David Blackmon [00:14:12] Make sure it’s diesel. So you get 1000 miles to the tank?

Stuart Turley [00:14:15] Oh, absolutely. Yeah, I, I think I have to tow a, EV would last about, 15 minutes down the road.

Rey Treviño III [00:14:25] So how can you imagine hauling pipe with an EV?

Stuart Turley [00:14:28] No,.

David Blackmon [00:14:29] You know, but they swear they’re going to do it. It’s just around the corner. Everything’s just around the corner.

Stuart Turley [00:14:35] Hey, I did see this one. I have another secret meeting that I got video of. This is a Biden administration having a meeting on how they’re going to solve the energy crisis in Iran. Are you guys ready? This is this is serious. This is a live meeting that they had. So here we go. And all of a sudden, oh my goodness, boom. Okay, here we are for our podcast listeners. Were watching a bunch of drugs. Yeah. The meeting went to the dogs. And all these people are getting thrashed by their dogs on walks. Look at this one. Oh snap. Oh snap. Oh this one.

David Blackmon [00:15:20] It’s automatic guy I never get that for my cat.

Stuart Turley [00:15:24] Watch this. wooo that is going to get talked to. Oh my goodness.

David Blackmon [00:15:30] Yes he was in trouble from the get go.

Stuart Turley [00:15:33] Hey I’m sorry I just had to share this private meeting. Anyway.

Rey Treviño III [00:15:40] Just another reason to have a cat, folks.

Stuart Turley [00:15:42] Oh, yeah. Hey, we’ve got, probably about another five minutes here when we close out. I did find this one, which I’ll have the, show notes in here. This one. I’m not sure if you guys saw this. Let’s turn this one up. All right. You ready? We’re not going to listen to the whole thing.

Meme Music Video of Biden [00:16:08] President is doomed. The little man can barely move. If he moves too quick, he’ll topple just like the domino. He’s got that sinister smile and thinks he just might win the bet, but he’s just hanging on. Oh well, sting then, like on a cigaret. Other times with a hookah pipe. Say way yo way yo

Stuart Turley [00:16:35] whoever did this.

Meme Music Video of Biden [00:16:35] Walk. Like Joe Biden.

Stuart Turley [00:16:43] Okay. Watch my little light and I’ll tell you what. That was pretty cool. I, I just I love that one. All right, guys, Artie, how do people find you?

Rey Treviño III [00:16:54] Oh, man. They can always go to, Pecos country operating.com. Excuse me. Pecos operating.com. Definitely reach out or on LinkedIn or Twitter. I do have a Twitter. At the Cruz underscore truth crude. The Cruz truth, you know, on Twitter. Yeah. I don’t even know if it’s truth. Underscore crew. That’s what it is. There was I try to post on that. Thank you guys. Yes. And, so yeah.

Stuart Turley [00:17:21] Cool. And, David, how do people find you?

David Blackmon [00:17:23] I’m in hiding, man. You can’t find me right now.

Stuart Turley [00:17:25] I’m in year one happy kind of guy recording this.

David Blackmon [00:17:28] I’m going into hiding deep. The deep hiding after.

Rey Treviño III [00:17:31] That video still showed. I’m going to join the who.

Stuart Turley [00:17:34] Thank sharing, with everybody. What’s going on out there? And, I just I absolutely love all of our listeners and, everybody else. You guys are rock stars. You can always find my stuff on energy. Newsbeat.com. All of our millions of people that are following all three of us have a great one. And we’re going to leave you with this last video. They have a great one, guys.

David Blackmon [00:18:02] All right.




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

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