Apr
30
2020
Today, I’m joined by the acting Chief Economist of Wells Fargo bank, Jay Bryson. I think it’s fair to say that at very few points in history, have an understanding of the machinations of our economic system been so interesting or relevant. What is the role of the Federal reserve? What does it mean to be the buyer of last resort? What happens to the bonds they bought? Municipal government spending? Inflation or deflation and why does it matter? ...
Apr
30
2020
I know a lot of small business owners. We golf together, laugh together, and hope for the future together.
A recent topic of discussion and odd side effect of the “unemployment benefits kicker” was that many in the service industry have employees that are making more money on unemployment insurance than they do working. For better or for worse, as a result, some have rejected pay checks because the unemployment benefits leave them better off.
And yesterday; the Federal Reserve chairman...
Apr
29
2020
You know life is starting to get back to normal when I start a post with "Dear CDEV" . Remember those days? Free to go to restaurants. Not look awkwardly at the person across from you wondering if you should touch elbows, foot bump or air high five. Pick on management teams and not feel like you were stealing candy from an infant? I do. I miss those days. But which each passing hour, I feel like we are...
Apr
28
2020
A bit of a rough start, technology-wise, but Episode 42 is up and available in video and audio formats, below. Thanks to all who participated and joined in the discussion.
Podcast only
Apr
28
2020
"It's water under the bridge."
Nowhere is that more relevant than today in oil and gas. Stocks are down 30-95% and the forward price deck looks like a prison sentence. Fortunately for some, bankruptcy wipes clean the sins of the past and with a new capital structure, investors must look to the future. So in this week's Technical Tuesday, we look at the first major Chapter 11 in 2020. And sure, we could dive into the financials and the assets...
Apr
27
2020
Happy Monday everyone! I hope you had a wonderful weekend. In the post lock down world, my favorite thing about the weekend is that they feel somewhat normal, with the exception that we aren't driving our kids to sports all the time. Of course, the reduction in organized sports has been a big concern for us as parents. It's important that the kids stay active and develop lifetime habits of fitness and activity and don't develop into long term,...
Apr
24
2020
Today, I am joined by a legal mind in the oil and gas industry, Bresee Carlson, to talk about shut ins, force majeure, the challenges of where commas go in documents and the change in meaning in the law. She includes a great walk through document (supporting documentation, below) for shut in decisions and the concept that any legal action is a last result relative to negotiated settlements and win-wins.
If you have a kid that wants to be a...
Apr
24
2020
Ever notice that many of the people that don't trust billionaires and corporations trust the media companies owned by billionaires and corporations?
Of all the things I hate, hypocrisy is top of the list. Saying "I care about X" and actually doing Y that quietly undermines it, just drives me crazy. For example, Chris Cuomo of CNN preaching the importance of quarantine orders and staging a dramatic "re-emergence" from quarantine in which he re-introduced himself to his family on film,...
Apr
23
2020
Groundhog Day continues. I stepped into a puddle, made an ice sculpture of Andi McDowell’s face and played a wicked piano set while buying a young couple tickets to the local WWE event in Pittsburgh. Since I will wake up to Sonny and Cher singing “I got you, babe” every day, let’s defeat the constant drum of ‘same’ with some random symbols. F you, CV; I reject you emotionally, and the data... don’t even get me started. It rejects...
Apr
22
2020
It’s rare you meet someone that started life as an environmental activist, moved to environmental science, regulations and finally, industry advocacy. As you can imagine, Tisha and I had a really interesting chat about the future of oil and gas and the difference between hearts, minds, data and religion.
The Tisha Schuller Interview
Podcast
Tisha's Official Bio
TISHA SCHULLER
Principal, Adamantine Energy
Tisha Schuller founded Adamantine Energy to provide thought leadership to future-proof energy businesses against rising social risk. Tisha consults private clients from Fortune...