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]
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3 Podcasters Walk in a Bar Episode 47 – OPEC says oil out look is robust, US Top Oil Producer and Critical Mineral Supply Chain.
Stuart Turley [00:00:00] Looks like we’re going live. Hey, looks like live. All right, guys, hey, welcome to the, three podcasters walk into a bar. I’m actually going to get this right today. I’m not with the crude truth. I’m a guest. Usually on the crude truth. My name’s Stu Turley, president CEO of the sandstone Group. Welcome to the three podcasters. Walk into a bar. Have you ever had that crazy uncle sit back and kind of go, oh, by the way, I get these three guys. They walk into a bar, and at a Christmas party, the holy families dig in for the carpet to get away from that crazy uncle. I know the other two guys walking into a bar. I got David Blackmon. David Blackmon is a Forbes contributing author. He’s over there. And also at the energy question, which is going through the roof. He’s a Daily Caller author. He’s on the energy realities. He does not sleep and he has a tapeworm. David, thank you so much.
David Blackmon [00:01:04] No, I’m not taking That tapeworm though. I’ll tell you what.
Stuart Turley [00:01:09] We’re all going to need a tapeworm with this season going on already. RT Trevino’s a big dog over there at Trevino Family Resources. And, I’ll tell you what. You’re also a big dog over there. Pecos operating, and he’s got his own, podcast, The Crude Truth. How are you today, RT?
Rey Treviño [00:01:30] I’m doing well. Still, I can’t complain. It’s a great day. Shout out to everybody up in the north of the Panhandle and, please, double check your donations, but please donate where you can to help out.
Stuart Turley [00:01:45] Wow. Yes. Honestly, that is pretty darn frightening.
Rey Treviño [00:01:47] It is.
Stuart Turley [00:01:49] Our prayers go out for those folks. It’s not something that we want to make a joke about at all. Yeah, I’d like to find out how I got started.
David Blackmon [00:02:00] No telling man when he gets dry up there. It’s. It’s pretty.
Rey Treviño [00:02:03] What did you draw? I mean, yeah, I mean, shoot when you get drunk or even you, you know, you don’t even smoke when you’re out there. It’s dry. I mean that’s.
David Blackmon [00:02:11] Yeah. Yeah, that’s what you do.
Stuart Turley [00:02:14] I was, I was arranging for an interview with a guy that was an investigator out in, California, when the big, grid was, causing fires out there. And they had a lot of those fires. He said, quote unquote. I investigated 7000 fires on the East Coast. Three were started, naturally.
David Blackmon [00:02:37] Yeah, yeah.
Stuart Turley [00:02:40] You know, it just breaks my heart that we have such chatter head out there. Hey, we got us some energy stories today, guys. Yeah. Let’s start with the, David Blackman here. David, you got two fantastic stories here to chat about. And by the way, David, what is your Substack? Address? Because I love your Substack.
David Blackmon [00:03:04] Yeah, it’s Blackmon. Substack.com. It’s very easy. And, and, you know, every everything I write gets linked there or published there secondarily one way or another. And, so it’s a good way to fund my everything I’m doing.
Stuart Turley [00:03:20] As we say in the woods. It’s a hoot.
David Blackmon [00:03:25] So, yeah, today I wrote about this thing with India. Naturally, the the latest, sanctions that the U.S. government is putting on Russia now backfiring, rebounding on, India, which is a long time ally of our country. India has been sourcing crude oil at below market prices from Russia for two years now for their refining business, which is growing rapidly in their consumption of oil and gas is growing rapidly. And, so it’s been a big economic boon for this country that has a historically low standard of living and 1.2 billion citizens. And now the US sanctions are hitting, on a specific Russian tanker company that, had not been subject to the previous sanction regime. Now, there’s specifically sanctioning that specific Russian tanker company, and that is, disrupting Russian flows of oil into India. So now India is going to pay an economic price for us using currency as a weapon of war. And, which is something, Stu, I know you have had major concerns about over the past few years. And, here we see it again, intact, impacting negatively a US ally. So question how wise that is.
Stuart Turley [00:04:47] It said. In fact, I was looking at another article. Let me see who this was from. Oh, it came in on my news feed. So I have to go look up, who it came from. And the title is Russia can enter the World’s top four economies. Putin sanctions. I don’t fear them. They tickle.
Rey Treviño [00:05:08] Well, he said that.
David Blackmon [00:05:09] This economy is the fastest growing economy in Europe. Okay, 2.4% economic growth last year. Germany, Germany’s economy, which we’re going to talk about in a minute, contracted by 0.3%. I mean it it grew faster. Russia’s economy grew faster in 2023 than every economy in the European continent. Okay, so these sanctions are not harming Putin. What they’re doing is rebounding on countries like India and European countries that have relied on Russia for supplies of a lot of things, not just energy. And, it just it’s such a counterproductive thing to be doing, but whatever, you know.
Stuart Turley [00:05:54] And, and BRICs is taken off like you wouldn’t believe. And it’s becoming a powerhouse and.
David Blackmon [00:05:59] That’s, that’s the net impact is it’s going to push India further and further into the BRICs, into the Russia China orbit and away from the United States.
Stuart Turley [00:06:08] And another article came out today, David, that fits right into that is Pakistan is has a decades long natural gas pipeline that they’re looking at reconnecting to Russia. So Russia, the whole geopolitical thing. You guys still got a visit with George Macmillan. It’s all been about pipelines and keeping Russia’s pipelines out. That’s why they got blown up, as we say, in Texas. You know, keeping those pipelines out there. So even Japan, we’re going to lose Japan because they only have a 30 mile pipeline, which is nothing in the in the age of pipeline to connect, connect Russia to Japan. Let’s see. World War three happens. If you are Japan, would you like to have some energy or wait on tankers?
David Blackmon [00:07:03] I know it seems like a pretty easy choice.
Stuart Turley [00:07:06] Well, what about your other article? I love that one.
David Blackmon [00:07:09] Yeah. Rooftop solar industry is has having problems. And it’s having problems mainly due to the, you know, frankly dishonest way it’s been marketed to. No, no. Yeah. You know, it’s been marketed in the same way. Universal Life Insurance was marketed back in the 1980s before he was born. Which is a, a big scale, you.
Stuart Turley [00:07:33] Know, love. And that’s the first harsh thing you’ve said in a few days.
David Blackmon [00:07:38] Well done. Well, what the before RT was born. Yeah, that’s a compliment. You know which one? That our.
Stuart Turley [00:07:47] Baby face.
David Blackmon [00:07:49] But you know, when you. So after winter storm, you know, I’ll just tell this story. My wife and I, we’ve been without power for five days. We decided to. We got it. We got to have backup power one way or another. So we evaluated natural gas, generator. We also evaluated, rooftop solar. And to do that, you you have to contact these third party marketing companies. And what happens is they send a kid out who just got out of high school, doesn’t know anything about the subject matter, but he’s learned to present on his iPad this slide deck with all the talking points about it. Can’t answer any questions. And they tried to talk you into entering into a 25 year what amounts to a second mortgage on your home, paying an exorbitant price at, quote, 0% interest for these solar panels and a couple of Tesla Ball batteries for your garage. The back out. And what they don’t tell you is that 0% interest is a complete and total scam. Because if you pay cash for for our home, which is about 4000ft², you know, it’s a fairly nice house and fairly sizable house. It would have cost us to pay cash $60,000. Well, if you finance $60,000 at 0% interest over 25 years, your payments almost nothing. Okay. But instead, they caught me a payment of 3 or $400 a month. And I’m like, well, how can that be the case? And he’s like, oh, well, you know, the finance company requires you to finance $150,000 principal at 0% interest. So what does that mean? What it means is you’re paying about a 10% compounded interest loan over 25 years for this, okay? It’s a complete and total 100% scam. And state governments who have implemented all these subsidies for rooftop solar are rethinking their commitment to this scam now and starting to back off all the policies pushing this, because who’s who’s mainly been getting preyed upon by these third party marketing companies is poor people and elderly people who don’t know the right questions to ask, don’t really understand what is being presented to them, and sign on the dotted line because they think they’re going to save money on their monthly utility bills. But that doesn’t really come about either. Yeah. So this thing, you know, now in some publication out in California, talking about how the whole thing’s starting to collapse in California, and quite honestly, it couldn’t happen to a better bunch of people. So.
Rey Treviño [00:10:47] Well, you know, I saw somebody try to do a, deal on, on these solar panels and again, probably said it before, they say that you pay them off, they pay for themselves within, you know, 5 to 6 years or something like that. And then you’re selling the rest of the, the natural, the energy. But, you know, who are you selling it to? You have no control over any of that. I mean, at least when I’m, producing oil, I can pick who I sell my oil to. I can. Somewhat natural. Gas is a little bit because there’s not as many natural gas pipelines. But, you know, I’ve got a couple of choices, and I can go, hey, these guys are charging me less. These guys are doing this, but with this rooftop, you have no control over any of that, do you, David,
David Blackmon [00:11:34] No, And and the state, of course, the grid managers can change their policies on how much of your power they’re willing to accept into the grid at any time. Yeah. At any time it becomes advantageous to the state to change policies. They can do it. They have the absolute right to do it. The other thing you don’t get told about up front is that the batteries that are, you know, going to be your backup power during an emergency, have basically an 8 to 10 year life. Inspections. You’re entering into a 25 year agreement. Each battery costs 8 to $10,000 to replace. You’re going to replace them at least twice during the course of that 25 year agreement. So, you know, there’s an extra 40 grand.
Rey Treviño [00:12:19] Well.
David Blackmon [00:12:19] What did you already what.
Rey Treviño [00:12:21] Would you end up doing?
David Blackmon [00:12:23] Well, we we got a natural gas generator. The only thing maybe is, is.
Rey Treviño [00:12:29] And what do you do it, like once a month or something like that or what?
David Blackmon [00:12:34] What do you mean? You something?
Rey Treviño [00:12:34] You started up once a month or so.
David Blackmon [00:12:36] Yeah. You gotta test it periodically. Yeah. You know, cost about what? It cost 13, $14,000 total for a whole home generator. And, you know, which isn’t cheap, but it was a whole lot cheaper than. And the other thing, too, is. So we’re in a place in North Texas. We have hailstorms, right? Yeah. So you got your roof covered with these glass solar panels. What’s going to happen when the big hail storm comes through? Well, it’s going to tear up your roof and it’s going to tear up your solar panels. Well, you know, they’ve got a warranty, so most of the cost to replace the solar panels are going to be covered. But if you have roof damage, you’re going to have to take everything off to repair your roof first and then put it all back on with new solar panels. So it, it just it’s it’s a it’s a wild thing. It’s okay
Stuart Turley [00:13:25] Hey, David, I responded to your Substack and I. I’ve got four buildings here. I’ve got two, propane generators that will run. One of them will run all four. But I got two of those, and I got, three propane tanks. But then again, I’m putting solar in to keep my office running because I have run out of propane before in the past. And then I’m putting in wind turbines because I want to be able to understand how all this fits together, and I should. I want to honestly shoot myself in the foot trying to get all this stuff wired in. It is costly. And then you try to figure out, I can’t get contractors out here, and then I’m sitting here, Holy smokes, Batman. So, you know, trying to have redundancy because the, grid could go down at any moment, even for a natural disaster, let alone the fact that we’ve been talking. I’ve been talking for the last two years that the Chinese, are sitting there with control of the remote, control the grid. And thanks to Secretary my aukus, beloved, strength as a leader in our secretary of Homeland Security, they now have access for 30% of the grid.
David Blackmon [00:14:47] Yeah, so it’s just a personal interest.
Stuart Turley [00:14:50] I don’t know anything. Yeah. So, RT, let’s head off to your story here, dude.
Rey Treviño [00:14:57] You know.
Stuart Turley [00:14:58] You’re a rock star. I love this one.
Rey Treviño [00:15:00] Now, this was a great, all my crew truth up there. Definitely. Take a look. My. The article comes from, bbc.com. However, this is just, if that the pot calling the kettle black. Basically, you know, in a nutshell, we’ve got a UK power station, that was converted from coal. If I, if I’m understanding correctly, it is warning burning wood pellets to provide UK the UK 5% of their annual electricity.
Stuart Turley [00:15:37] I believe they’re from Canada on rare trees.
Rey Treviño [00:15:40] Well, that’s what I was about to. Say is not. Only are they burning. Wood. And freaking wood from Canada to Europe, is there an endangered species tree? And it’s technically a no tree zone. And they are they have, their satellite images and you can just station they have done two Canada, on these burning wood pellets just to provide energy and get this and I quote the company Drax says its wood pellets are sustainable and legally harvested. Cut. It’s like, yes, wood. It’s sustainable, but it’s not, you know, it’s the stupid. And so this is we’re going to cut up over here. This is this is why America gets a bad rap, because we’re supposedly the ones going into Africa, going into India and taking over. And why you got Europe doing it to, to Canada. And China’s doing it to Africa all over the place right now. But yet America is the ones that get the bad rap for this stuff. Come on now. I mean, this is just another example of how, you know, when you take the island of Haiti in the Dominican Republic and how the Dominican Republic has natural gas, the green, lush forest. Haiti, part of the same island, has burned all their wood, and people are abandoning that place like it’s going out of style again. People, natural gas, oil, they help save the environment. And so did coal in this state until they converted it over to a drilling area. I mean, basically another thing it says is that all of the 6.5 million wood pellets, were produced overseas. Why? Because you’re being got no more trees anyway. So it’s like, can we they’re not even learning. You’re just taking from somewhere else that greed is ridiculous. Then, you know.
Stuart Turley [00:17:43] Patrick put out a good thing Germany cut all the trees in the Black Forest to run power for several months. Not sure if this is still happening. And then. Patrick, you’re an absolute hoot. I love you, in coal wood, under high pressure for millennia.
David Blackmon [00:18:04] I think, actually, that’s what it is. Yes. Yeah.
Stuart Turley [00:18:07] What about Pete? Pete?
David Blackmon [00:18:09] You know, by the way, they also have cut down, thousands of acres of forests in, Germany, Scotland and Ireland to build wind farms.
Stuart Turley [00:18:20] Guys, I had a, article last year come through, and it had over 65,000 people on that article on energy news did not go 12,000, trees cut down for the wind farms in Scotland. I mean, you can’t beat that kind of entertainment.
David Blackmon [00:18:39] So I tell you what.
Stuart Turley [00:18:41] Yeah. Patrick, thank you so much. And if you have any questions.
David Blackmon [00:18:44] You know, these wood pellet cup companies are supposed to just be using. Brush called and, you know, what do they call it? That falls and dead wood that falls out of trees to make these pellets from. This this article about droughts is pretty damning, talking about how many loads of old forest growth, full logs, you know, logged trees that they’ve used to make these pellets from. That’s a different thing. And, real environmentalists who aren’t hypocrites should be very concerned about it.
Rey Treviño [00:19:23] They should be, Dave. And this is a prime example of what the oil and gas industry does. As far as stop this kind of thing, basically, Europe is still using wood to produce their heat and their energy, 5% of it. I mean, that’s basically what they’re doing is putting out, putting a fire in their kitchen to cook on in the stove to stay warm. And that is basically what this power plant does. I mean, just just a terrible, terrible deal.
Stuart Turley [00:19:59] Pinkish. Titian. And I am so sorry if I mispronounce your name. That’s a little bit of the Oklahoma Texan in me here. It says forests are being cut, burnt intentionally to reduce rainfall supply. Not everyone knows that rainfalls are coming in direct proportion to four station on the land. I did not know that.
David Blackmon [00:20:23] Yeah, there’s a cycle. What do they call it? A Oh, man. I’m sorry, I’m an accountant. I don’t really. Yeah. It’s like a.
Stuart Turley [00:20:31] Life Cycle
David Blackmon [00:20:32] It’s like a feedback cycle between forests and rainfall.
Stuart Turley [00:20:36] oh. Yeah. It’s kind of like the hypocrisy in California, because they’re using 70% of the oil out of the rainforest that China is doing. So they can import their oil so they can feel good. Kind of like the UK. This you, you know, feeling good about the environment, but you’re putting the pollution somewhere else. So the UK is putting air pollution and devastation in Canada and we’re doing it to the rains, not we, the state of California. Excuse me? The country, third world country at California. Let’s hear for the leadership of California. That’s a that’s a moment of silence. Thank you very much.
David Blackmon [00:21:15] Always my favorite. Yeah.
Stuart Turley [00:21:16] Okay. And then what is this, Pinterest again? I hope I didn’t say your name. If you do it on a global scale, which is happening, you get all the climate change and water scarcity. Dude, you may be right, I, I appreciate it, and thank you for putting. Oh, we’re.
Rey Treviño [00:21:34] Getting some, we’re going we’re kind of not going up. We’re going off on a two little theories here. Inadvertently.
Stuart Turley [00:21:42] Hey, you can’t call me a conspiracy theory guy when things happen.
Rey Treviño [00:21:48] Wow. But, I mean, think about it. You mentioned it, right? It’s like, why can charity go into the rainforest right now to drill for oil? Devastate all that land. And you don’t hear anybody saying, gosh darn thing. You know, money is a powerful thing. And, so, you know.
Stuart Turley [00:22:07] You know, you.
Rey Treviño [00:22:08] Know, you’re not hijacking anything. We appreciate the opportunity. We.
David Blackmon [00:22:12] Love a good conspiracy.
Rey Treviño [00:22:13] Yeah. So we do. Loves. Stu love.
Stuart Turley [00:22:16] It’s not a conspiracy theory.
Rey Treviño [00:22:18] Because the biggest fear for me going live with Stu is conspiracy theory.
Stuart Turley [00:22:23] I.
Rey Treviño [00:22:24] That’s
Stuart Turley [00:22:26] Thats aLie. Because I have pinchers. I am so sorry, but thank you. And I’m getting beat up by my brethren.
David Blackmon [00:22:33] Well, you know what I say about conspiracy theories, though. The only difference between a media defined conspiracy theory and a media admitted absolute fact is 3 to 6 months of time.
Stuart Turley [00:22:49] here comes Tracy Franks.
David Blackmon [00:22:53] Afraid of. China. Yeah, especially the people in the white House, apparently.
Stuart Turley [00:22:58] I don’t know about afraid is the right word, Tracy.
David Blackmon [00:23:02] Compromised by.
Rey Treviño [00:23:03] Maybe.
Stuart Turley [00:23:04] Compromised. But, you know me. I’m afraid of my wife.
David Blackmon [00:23:12] I’m afraid of my cat. Max
Stuart Turley [00:23:14] and Patrick. Nita. Conspiracy. See, stu. Stu happens. Dude. Rock star. I didn’t even read that before I put it up here. But, Patrick, maybe you’re too. Man, I love it.
Rey Treviño [00:23:26] Oh, my gosh.
Stuart Turley [00:23:26] And, hey, I really appreciate the feedback, folks. We appreciate we’ve gotten. Guys, I just want to say we’ve gotten great feedback on the three podcasters walk into a bar, and I can’t wait to do live again. Yes, if you guys are Oh, my poor wife.
David Blackmon [00:23:55] Are you actually married still? I’m not sure. Your ex?
Stuart Turley [00:23:58] I’ve been married 37 years and she is the same. Guys, I got to tell you this and we’ll go back to our story. We we were married 37 years. We still are. And we have a thing that if you are a the B word and being a nag, we get to play jokes on each other. And we have played some really funny jokes over the years. If you can imagine me playing a joke on somebody soap in the toothbrush, you gotta love that one there. And it’s just a showstopper.
David Blackmon [00:24:35] I’d be dead.
Stuart Turley [00:24:36] Fun. Okay. Oh, German deindustrialization is a wake up call. And by the way, thank you for all the great comments. Please keep them coming and keep them cards and letters. Fan mail from some flounder, if anybody knows what that one is. German deindustrialization is a wake up call for U.S. manufacturers. This was a great article. And guys, bear with me. I want to read just one little line out of this article. Germany’s BASF is a bellwether for the state country’s industry. Company has been long representative of Germany’s manufacturing prowess, having grown since 19 1865 to nearly 400 production sites in 80 countries while maintaining its headquarters and sprawling multi-unit facility in La La with a stand, Germany houses 200 separate plants and 39,000 employees. Wow. And you know why they’re going down? They’re moving their fertilizer plants out and removing everything because of the stupidity with natural gas in Russia and everything else that they’ve done. And then closing their nuclear plant plants, are great. Doug Sandridge, which, David, you and I had a fabulous podcast about.
David Blackmon [00:26:05] His call.
Stuart Turley [00:26:05] You guys had on, oil and gas executives, for.
David Blackmon [00:26:10] Nuclear, gas.
Stuart Turley [00:26:10] Nuclear. That was a great, great podcast. You did?
David Blackmon [00:26:16] Yeah, it was great. It was terrific. Does good man.
Stuart Turley [00:26:19] And we are facing the same deindustrialization. Not as soon because there’s a lot of companies coming to the US for cheap energy, but our energy’s not going to be cheap in New York and in the other states, like, hotels running and or the Newsome, running. Holy smokes
David Blackmon [00:26:41] line. These people, man. We’re doing fine. Where did Kathy Hochul come from? How did you end up being governor of New York?
Stuart Turley [00:26:52] Wasn’t she, like, appointed, by the Pope?
David Blackmon [00:26:57] I guess she stepped in to replace Cuomo when he had to resign in disgrace. Right?
Stuart Turley [00:27:04] I think it was something like that.
David Blackmon [00:27:05] Yeah, but then she’d just get reelected too. I mean, you know, don’t reelect anybody in New York. They reelected Bill de Blasio, for crying out loud.
Stuart Turley [00:27:14] You quick. What is this? That’s Hochul in the Hochul popemobile. Or the Hoboken.
David Blackmon [00:27:21] Mail.
Rey Treviño [00:27:23] You know, I will say this, that in local elections, people don’t vote. I think they see less than 10% of people vote in local elections. And I’m sure that’s probably the same in New York. So when you, you know, so not as many people can really do that. And so these people just continue to go where they need to go to make sure those certain people vote. Because, I mean, that’s the only thing I can think of. And I don’t know if anybody’s got out the early vote yet, but I went out and voted early yesterday.
Stuart Turley [00:27:53] As, as they say, on some people’s sides of the fence, I don’t always recommend it. But vote early, vote often, and vote by mail.
David Blackmon [00:28:01] Paul Sacco is a man after my own heart.
Rey Treviño [00:28:04] I like to gee apocalypse. I you know what I got, I hope not. I mean, you know, if that solar flare we had last week is any indication, I’ll be okay. But, man, or.
David Blackmon [00:28:16] So.
Stuart Turley [00:28:17] Let’s hear the conspiracy theory talk about the AT&T and the, other stuff. Okay. Is it coincidence? Okay. That the China balloon, second China balloon. It was finishing up the connections to the grid. You heard it here. Second time was coming over, and it was a weather balloon, and it was okay. And the Biden administration put out that. They intercepted it. They did a flyby.
David Blackmon [00:28:49] They did a fine.
Stuart Turley [00:28:49] Yeah, that’s a Chinese weather balloon. Okay, so then AT&T goes down when that thing within hours of it being seen, AT&T goes down. And then within a few hours after that, I think eight hours, we had, all of the pharmacies get hacked. Whew. Coincidence? No idea, but I haven’t read this one yet. Hochul took lessons from the column. oh. Okay. I’m afraid to read that bad dog.
Rey Treviño [00:29:25] Even though it’s good to know.
David Blackmon [00:29:26] Yeah, that’s a bad school there. That is a bad school.
Stuart Turley [00:29:32] Yeah, that one left a bad taste. Never mind.
David Blackmon [00:29:35] Yeah.
Rey Treviño [00:29:36] No, I will say this. Good, bad or indifferent, whether it was, balloon that went across, but. Yeah, no solar flare. My butt. So.
Stuart Turley [00:29:45] Here’s what I do recommend. And it doesn’t matter. Natural disaster, intentional. Whatever it is, as men, we need to be able to defend our home. We need to be able to stand up and make sure that any, natural disaster. David, you just did that with having your natural gas on there and be ready to go. Patrick, thank you for.
Rey Treviño [00:30:11] If I if I may, I want to jump back to this article. And this was on Forbes, this German deindustrialization. David, you have said this and I’ve told this to my professors and everybody seem, to other individuals, and they roll this like they just roll past it. Texas electricity costs have gone up 25% in three years. Yeah. You have added more solar and more wind to the grid during that time. Okay. And let me once again, the title of this is German. The industrialization is a wake up call for America. In this article, and I quote, many factors contribute to the skyrocketing costs in Germany for electricity and natural gas. Germany. But the one biggest driver has been Germany’s push for the net zero energy policy. So because they are pushing for this, as, Patrick said, or whoever that John Paul said. As we continue to push for this net zero thing. Thank you. Paul. We’re going to only continue to spend more money and prices out of the not even luxuries anymore. The normal things that we have of turning a light switch on. Being able to warm up hot water if it’s dirty when we have the stove. We are pricing ourselves out of that here in America if we go down this path. Ladies and gentlemen.
David Blackmon [00:31:36] That’s that’s that’s not a glitch in the plan. That is a central goal of the plan. We have to remember that that’s all an intentional outcome, which is why, yeah, the government in Germany, despite the fact that the ruling class is now in danger of losing power if they actually hold free and fair elections, clings desperately to hold on to these policies and keep them in effect, because that is the plan to price energy so high that it becomes a luxury item affordable only to the wealthy elites in our society. And you know that that has the effect of, inhibiting people’s ability to afford to move around. Won’t be able to afford to drive a car. You barely be able to afford to heat your home. You got to want smaller and smaller homes that cost less and less to eat and cool. And that’s all part of this. So they want a population that’s easier to control, and you’re a lot easier to control if you can’t move around and can’t afford the basics of life.
Stuart Turley [00:32:44] Yeah, my wife likes controlling me there as well.
Rey Treviño [00:32:48] Yeah. I mean, you know.
Stuart Turley [00:32:49] I, I.
Rey Treviño [00:32:50] Know how to build a fire out of wood. I know how to hunt. I know how to fish. I can I can clean an animal, I can I’d like to do it for fun. My father and the memories that I have. And I look forward to passing those on to my son. However, to do for actual normal day life living. No. I’m good. I’ll, you know, give a cow and, you know, all that good stuff, you know, I’ll go to the store.
Stuart Turley [00:33:13] Hey, Patrick, if you’re ever in, Fort Worth at a certain time, I would love to invite you to the three podcasters live, in, Fort Worth sometime.
Stuart Turley [00:33:28] You would be absolutely a hoot. I can tell you that.
David Blackmon [00:33:31] The flying saucer. Yes.
Rey Treviño [00:33:33] That’s right. To the flying saucer.
Stuart Turley [00:33:35] I would buy your root beer right now, baby.
Rey Treviño [00:33:38] You know, speaking of that, I hope maybe during this, political, as we’re in campaign season, you know, primaries will be over here March 3rd. Hopefully maybe we can get on a few, politicians that are running for reelection there and, flying saucer and have them just chit chat with us. That would be fun. That would be fun.
Stuart Turley [00:34:00] The invitations for any politician to come to on any one of our three podcasts is there? I don’t care if you’re Republican. I don’t care if you’re, as RT would say, publican. But we have. He can’t talk. I mean, he’s been saying America the whole time. It’s America. And so when we I want to talk to all politicians Democrat, Republican, independent. And you’re welcome to come on. Since we have.
Rey Treviño [00:34:25] I know I did a great one with, Bill Burch. He’s running he’s a Democrat running for Rural commission. And, I got sucked into, his, deal with, our good friend Keith Stelter earlier in the week. And, that was, that was that was a hoot. As you would say. I got sucked. I think Keith had, like, 200 people on his, little live show for that.
Stuart Turley [00:34:49] So isn’t that great?
Rey Treviño [00:34:51] Yeah.
Stuart Turley [00:34:51] I love that. In fact, that picture RT that we had, that selfie I took when he was helping us load it. Nate was a classic. You and I are over there playing. Ferdinand smells a flower. You know, the Ferdinand the Bull. And he’s over there lifting all of our tables. Yeah. All again. The member of Parliament in Canada, that proposed bill last week to make it illegal to say anything in favor of hydrocarbons.
David Blackmon [00:35:18] Yeah, it was my energy absurdity of the day, too. Yeah, yeah, but do we.
Rey Treviño [00:35:23] Have that one up?
David Blackmon [00:35:24] But that’s great. In fact, I think I actually wrote a piece about that at the Daily Caller, too.
Stuart Turley [00:35:30] I think, you know.
David Blackmon [00:35:31] I need to. Yeah, that’s insane. Saying, Bill, that guy wants literally exactly what Paul Sacco says here. He wants to make it a crime to say anything positive about oil, gas or coal, any fossil fuel. And it would mean, you know, like, hell, I couldn’t have a Substack anymore if it went to Cat. Yeah, because that’s all I do, basically, is say positive things about real energy.
Stuart Turley [00:36:01] David, I’m going to talk about our our channels here for just a second. And and that is, I think, one of the reasons the three of our podcast or and no, I don’t have cerebral palsy. I’m trying to count to three, but.
David Blackmon [00:36:18] I’m one, two.
Stuart Turley [00:36:20] Three, four. The three of our podcasts and this one people are starving for real factual news based on an on factual physics and fiscal responsibility. And it’s not just ours. I mean, between the three of us, we’re ranked very, very nicely. So. Very impressive. You guys are doing great.
Rey Treviño [00:36:48] I like to have to write that one down. Physics and fiscal responsibility. It’s the title of this week’s Crude Truth Episode.
Stuart Turley [00:36:56] This this is the crude truth, right? Everything. You see, I stock David Blackmon’s content. He stocks Irina Slav Irina Slav creates it. Tammy Nemeth I also steal since I’m a big sponge. And then you steal all of ours RT. This works out really well.
Rey Treviño [00:37:19] What? I don’t know what you’re talking about. I never make any phone calls anyway.
Stuart Turley [00:37:25] We got about one more minute here, guys. David, what’s coming around the corner for you?
David Blackmon [00:37:31] Oh, man, I don’t know. I’ve just. I got to get up tomorrow and write some more. Yeah. I don’t have anything big coming up. Other than we’re going to keep talking to people. I just did an interview with Ray Christian, Commissioner Wayne Christian on his podcast. All right. I’m going to have him on my podcast next month, towards the end of March. That’s why he’s he’s doing a great job on the railroad commission. Kristy credit is, of course, the chairman of the commission. She’s running for reelection. She needs to be reelected. We can’t afford to have any Democrats on the railroad commission. I’m sorry.
Rey Treviño [00:38:05] They want they want the EPA to basically take over.
David Blackmon [00:38:09] What they want. And we can’t afford that in Texas. So, anyway.
Stuart Turley [00:38:15] Oh.
David Blackmon [00:38:15] And, I’m just going to keep writing and doing what I’m doing.
Stuart Turley [00:38:20] And, and, David, by the way, the energy realities. Monday mornings at eight live on your YouTube, I mean, LinkedIn.
David Blackmon [00:38:29] Oh, yeah. Oh, yeah.
Stuart Turley [00:38:31] And, we have Robert Bryce coming on Monday live. I’m recording him at 2:00 today, but it’s going to come out after, that. So, I watched his show. Juice. And, I mean, that thing was cool.
David Blackmon [00:38:50] Everybody is talking memories. Ever done about about the energy is unbelievable.
Stuart Turley [00:38:55] I was sitting there trying to take notes, and I’m like, screw it. I’ll have to watch it again. Because there was a lot of material in there to steal. I mean, excuse me to learn from, RT. What do you got coming around the corner?
Rey Treviño [00:39:08] Oh, my goodness. For for the crude truth. Get ready. I think about about ready to do what they call a media dump. I’ve been so blessed. Had so many. Great. Great. Maybe that’s the wrong term, I apologize. There’s some. Great interviews that are back line that are lined up that just need to get out and then, also, thank you, Patrick, very much. You know, we’ve got so many that maybe I need to start getting out those, so, you know, thank you to all those guests again that were on the show during Nape I saw that used to, release your episode with JP Warren and Keith Stelter. Totally jealous about that. That was that to me. That was like one of the first ones I talked about when we were going to do Nape. I was like, I want those do all the crude truth to get us there. So Coach Joe, but then, you know, as far as work goes, I’m excited. I’m headed to California, going to have the opportunity to speak about the, the paradigm shift that we’re really seeing in the energy sector as far as investing goes. You know, you see what JP morgan’s doing, you see what Blackrock is doing. They’re getting out of certain things and repositioning into proven tried other investments in the energy sector. So I’m looking forward to that as well. Other than that, I’m ready to get on live with you guys here hopefully in the next couple of weeks back at work.
Stuart Turley [00:40:29] I hope we’re, doing next week. I get to visit with Chris Wright, CEO of Liberty Energy and Doomberg, on the same event. Pretty darn cool.
Rey Treviño [00:40:42] I have a boat together, both together.
Stuart Turley [00:40:44] And, we’re going to be talking about Chris Wright’s, report on humanity. It is fun.
David Blackmon [00:40:54] Yeah, I just got it in the mail yesterday. I’ve gone through about a third of it so far.
Stuart Turley [00:40:58] It’s really. Isn’t that great? I was reading it last night. I got it for PDF because, doomberd, Mr. Green Chicken is. Virtual. So, I mean, he, he said, you can’t mail it to me. So here comes the PDF, and I think it’s a good idea. So. All right, well, guys, thank you all very much. And, for all of our listeners, Paul, Patrick, John. Paul. George. Ringo. Tracy. Pincus, we really appreciate everybody giving us some great feedback. Thanks. And we will see you guys next time.
David Blackmon [00:41:36] All right.