To all my friends impacted by the tropical storm that decided to visit and outstay it’s welcome in Houston this week: I hope everything is back to normal and I’m sending you good energy.

To everyone in Investor Relations: if I read that you have blamed the storm for your missed production targets in Q3 – I am coming for you.  I am long overdue for an edition of “Press Releases That Make Me Laugh!”

While we are calling out where the bull went #2- I’m on to you with these so called ‘midstream bottlenecks’ you keep telling investors are impacting your production… I can’t find any quantifiable evidence of this phenomena in the well data in any basin you describe.

But even IF you were telling the truth- by definition- a bottleneck is the result of production growth and I’ll tell you a secret – nobody wants production growth.

Here’s a tip: if you don’t have take away capacity- don’t complete your wells; don’t keep running rigs;and instead- pay back your debt until you have midstream capacity.

Who’s excited about Q3 reporting?!   Me!!

#hottakeoftheday