Podcasts about Exxon

Nice to see you all here again for another super entertaining episode of Norm Nathan's Vault of Silliness with little ole me, Tony Nesbitt. Couple of housecleaning items before we get started: We are inching ever so close to 300 subscribers on YouTube. Thank you to all who've subscribed on all the platforms. It would be a nice achievement to get to 300 the Tube. Now let me share not one but TWO possible Signs of Norm. Back on episode 305 the song “I've Got a Lovely Bunch of Coconuts” with Merv Griffin singing was discussed. Last week I went out to run a quick errand and as I pull into the parking lot that very song comes on. Mr. Merv singing and all. I did my usual of looking around and saying, “Hi Norm, thanks for stopping by again.” Next was just this week. After an appt that had some disappointing news…while driving home I passed a Norman Drive. Didn't think that much of that until the navigation had me take the next right which was East Street. The same name of the street Norm lived on in Middleton. Ok, now that is something. It just felt like he was saying I'm here. I'm around. It's gonna be ok. What do you think? Now back to our regularly scheduled program already in progress… Today brings forth a NNS from September 17th & what I believe is the following weekend, the 23rd, 1994. The title of which shall be: Comedy Connections Keith Shields was producing It begins with a commercial sponsor read by Jack Harte for Exxon. We are just so darn blessed to have more sprinkled throughout this rebroadcast podcast. Three more for Air Canada and one each for Anacin and Foxwoods Time for calls! Fred from Medford – Norm talking about his upcoming standup at the Comedy Connection which was to be held that very Monday night. It was a fundraiser for Life House Inc. that helps homeless in the Dorchester. Ruth Clennott Judy June Molly in ME Nancy Pete Denise Clarence Jim about Nutcracker collecting Mary Bill from Dedham Next, we get some brief bonus content: Bob Raleigh and Mike Epstein talking about Danny Bonaduce acting as a Judge. and David Brudnoy & guest, Barbara Bush! With a call from Irene Now, back to Norm and callers Paul Elwell talking comedy, Norm's appearance at the fundraiser and there's a mention of one of my favorites, the King of N.E. Comedy, Bob Marley! Next Ruth is back! Agnes Anne Dick Ok folks, I'm thrilled about the last segment as it's time for ‘Norm calls a phone booth at Victoria Station in London!' And we are lucky enough to talk to Sasha! Ep 307, Comedy Connections, guffaws its way to your ears, now. Patreon https://www.patreon.com/normnathanvos Buy Me a Coffee

A.M. Edition for Sept. 29. OpenAI is scrapping its new model over safety concerns in one of the clearest signs yet that agent misbehavior could stymie the industry's rapid progression. Oxford Analytica's Tatia Bolkvadze explains what this means for AI revenues, ahead of Anthropic's much-anticipated IPO. Plus, an exclusive look at who's in line to be Goldman's next CEO. And WSJ's Nick Kostov reports on how luxury brands are targeting the ultra-wealthy as well as your average Joe, at Paris fashion week. Daniel Bach hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Supreme Court's new term is packed with cases that could reshape the legal landscape on climate change, gun rights and voting.In our annual SCOTUS preview, we break down three of the term's most pivotal cases and explore how they reflect the high court's growing role in our most consequential policy disputes.First, a high-stakes climate showdown. Does Boulder County's lawsuit against fossil fuel giants Exxon and Suncor mean local governments can make energy companies pay for the costs of climate change?Next, what does the justices' Second Amendment history-and-tradition test mean for state and local bans on AR-15s?Lastly, just in time for midterms: Can Arizona require proof of citizenship to register to vote and purge voters from the rolls just before an election?Buckle up as we dive into the legal battles set to reach Washington.Special guests: Michael Gerrard, founder of the Sabin Center for Climate Change Law at Columbia Law SchoolDeirdre Macnab, Colorado rancherAdam Winkler, professor at UCLA School of LawMaureen Edobor, professor at Washington and Lee University Schol of LawThis episode was produced by Kirk McDaniel. Intro music by The Dead Pens. Editorial staff is Ryan Abbott, Sean Duffy and Jamie Ross.

Miami is raising its seawalls. Cities across the country are doing the same. The question now in front of the Supreme Court is whether the oil companies can be made to help pay for it. UC Berkeley law professor Daniel Farber joins Gregg to unpack Suncor Energy v. Boulder County. In this case, local governments are seeking compensation from oil companies for climate damage and for allegedly misleading the public about what their own scientists knew. The oil companies' defense is that climate change is a federal issue under the Clean Air Act, so state courts can't hear these cases. Here's the catch. The Trump EPA has repealed the endangerment finding, the legal foundation that lets the federal government regulate greenhouse gases. Pull that out, Farber explains, and "the whole house of cards falls down." The move meant to help Big Oil may end up weakening its best legal defense.   The case at a glance: Boulder and Boulder County sued Suncor and ExxonMobil in 2018 over climate costs like wildfires, floods, and heat waves. The Colorado Supreme Court let the case proceed in 2025. The U.S. Supreme Court hears arguments on October 5, 2026. The ruling could decide the fate of dozens of similar lawsuits across the country.   What you'll learn: What the Suncor case is about, and why it's the poster child for a second wave of climate litigation The "tobacco playbook" allegations: what oil companies are accused of misrepresenting How preemption works, and why oil companies say states can't sue at all What the endangerment finding is, and why repealing it could backfire on the industry Why cities and states, not individuals, are bringing these cases so far Why the Supreme Court might sidestep the big questions entirely How attribution science ties emissions to specific companies Whether the Paris Accord is working without the U.S.   Timestamps: 0:00 – Cold open 0:13 – The feds step back from climate regulation 0:47 – Meet Professor Daniel Farber 1:24 – What the Suncor case is all about 3:18 – Why can't states sue Big Oil? The preemption argument 5:22 – The misrepresentation claims and the tobacco playbook 6:34 – The endangerment finding, explained 8:44 – How the endangerment finding connects to state lawsuits 12:18 – Rock and a hard place: who's actually suing 15:00 – Can the Supreme Court thread the needle? 17:01 – Proving it: Exxon vs. Chevron vs. everyone else 20:21 – Is the Paris Accord still alive? 22:08 – Wrap-up and a promise to return after the Suncor decision Daniel Farber is the Sho Sato Professor of Law at UC Berkeley and faculty director of the Berkeley Center for Law, Energy & the Environment. He has written more than 20 books on climate law, disaster law, environmental regulation, cost-benefit analysis, and executive authority.    Contact / Follow Daniel Farber: LinkedIn: https://www.linkedin.com/in/daniel-farber-6801729 Berkeley Law: https://www.law.berkeley.edu Berkeley Center for Law, Energy & the Environment: https://www.law.berkeley.edu/research/clee/ Legal Planet blog: https://legal-planet.org   Sources: Legal Planet: https://legal-planet.org/2026/09/08/legal-planet-guide-to-suncor-energy-v-county-commissioners-of-boulder-county/ SCOTUSblog: https://www.scotusblog.com/cases/suncor-energy-inc-v-county-commissioners-of-boulder-county/ E&E News: https://www.eenews.net/articles/epa-climate-rollback-could-thwart-big-oils-next-supreme-court-fight/ E&E News: https://www.eenews.net/articles/epa-endangerment-repeal-could-expose-industry-to-legal-blowback/ The American Prospect: https://prospect.org/2026/03/04/environmental-protection-agency-climate-endangerment-finding-repeal-trump-zeldin-supreme-court/ Smith Anderson: https://www.smithlaw.com/newsroom/publications/Supreme-Court-Takes-Up-Climate-Tort-Case-Amid-EPA-Endangerment-Rollback Beveridge & Diamond: https://www.bdlaw.com/publications/climate-change-and-state-authority-potential-broad-implications-of-the-supreme-courts-grant-of-certiorari-in-suncor-energy-inc-v-commissioners-of-boulder-county/ The Regulatory Review: https://www.theregreview.org/2026/04/20/reiter-ending-epas-endangerment-finding-wont-end-climate-change-regulation/ LegalClarity: https://legalclarity.org/epa-sued-over-endangerment-finding-repeal-last-week/ Inside Climate News: https://insideclimatenews.org/news/23082026/suncor-v-boulder-supreme-court-climate-case/ Wikipedia: https://en.wikipedia.org/wiki/Suncor_Energy_(U.S.A.)_Inc._v._County_Commissioners_of_Boulder_County Want more conversations that cut through the noise on science, climate, and the issues shaping our future? Subscribe to Climate Change Environment Science & the Law with Gregg Goldfarb for new episodes every week.

What if your AI strategy is creating more risk than progress? John Willis joins Andrew Stotz to trace how Deming's System of Profound Knowledge shaped the way he thinks about organizations, learning, and change. From his early days building DevOps to the AI transformations he's navigating with CIOs today. Along the way, John connects Deming to fast feedback loops, explains why leaders keep mistaking a learning problem for a technology problem, and shares stories that never made it into his book, Deming's Journey to Profound Knowledge.   A fresh conversation for longtime Deming thinkers and those just beginning the journey.   TRANSCRIPT 0:00:02.0 Andrew Stotz: My name is Andrew Stotz and I'll be your host as we continue our journey into the teachings of Dr. W. Edwards Deming. Today I'm here with featured guest, John Willis. John, how are you doing?   0:00:15.7 John Willis: Great, Andrew. I was just thinking, I feel like that song, like I got my picture on the cover of Rolling Stone. Like, I'm on the Deming Institute podcast. Yay.   [laughter]   0:00:24.9 Andrew Stotz: We finally got you on.   0:00:27.8 John Willis: Yeah, yeah.   0:00:30.3 Andrew Stotz: Actually been a while and I wanna introduce you just briefly and then I'll let you do a little bit more of the introduction. But basically on Amazon, a book popped up and I was just looking at the date of that. That book popped up on, for me, it popped up on September 6, 2023 on Audible and I immediately bought it and I got the Audible book and the book's called 'Deming's Journey to Profound Knowledge. How Deming Helped Win a War, Altered the Face of Industry, and Holds the Key to Our Future'. And I immediately got it. Didn't know you, listened to it, loved it. Later you reached out on LinkedIn and we started communicating and you were kind enough to send a copy of it, which I then went through in more detail. I love the book. I really highly recommend the Audible version because it's just fun. Because the book is opening up a whole new Deming lens, a whole new way from somebody that never met Deming, and I just found that fascinating. So maybe why don't you take a moment and introduce yourself to the audience so that people know who you are, where you've been, what you've been doing and what you're doing now?   0:01:41.4 John Willis: Yeah, no, no, great. I... So, yeah, I... I've been doing technology, usually high consequence business, regulated industry, banks, retail, the biggest of the bigs, where the technology is incredibly important. Right? And I've been doing five decades of basic technology transformations, and I'm kind of the person who gets bored real easy. So I've literally gone through, like, you name it, mainframe, centralized computing, client server, distributed computing, priority systems, the Linux Open systems, you know, owned infrastructure cloud, and I'm consider one of the founders of the DevOps movement. And now today, like the cliché that I am, I've been doing a lot of organizational strategy on AI. So I don't come in and tell you how to turn 4,000 developers into AI coders. I kind of tell your CIOs to slow down. Wait a minute. So, yeah, so my day job today is I'm... I think these days finally in my life I would call myself an author first. I've written a number of books. The one you did, I had... My last book was a history of 100 history, 100 Year History of AI. And... But I'm an advisor, so I sort of... I take inbounds. I don't really look for work. Usually it's a chief of staff for a CIO who either has worked with me in the past and hey John, we're underwater with AI. Can you come in? Or they hear something I've said or I do a lot of podcasts and then I'm sort of a quasi investor. Although I probably should listen to your stuff a little better because I'm typically... I'm one of those guys that like, if I invest in it, you go short on it right away. So... [laughter] But yeah. But, yeah, no, so... But my day job today is really, is doing research. I'm actually just sure, this probably opened up a whole another discussion. Maybe later but I'm writing a book about the history of quantum computing right now and that's been just fascinating. So...   0:03:41.7 Andrew Stotz: Yeah.   0:03:41.8 John Willis: But my day job is helping CIOs and large high consequence organizations try to shuffle through technology transformations.   0:03:50.7 Andrew Stotz: And for the audience there that didn't catch what you were saying at the beginning, it kind of dated you because you were talking about the song called Rolling Stone by Dr. Hook.   0:03:59.9 John Willis: Yeah, yeah, totally.   0:04:01.3 Andrew Stotz: Dr. Hook published this in about 1972. And here are the lyrics. "Wanna see my picture on the cover? Wanna buy five copies for my mother? Wanna see my smiling face on the cover of Rolling Stone?" So here...   0:04:12.8 John Willis: Totally. Yeah. There you go. Deming Institute. Yeah, no, great.   0:04:16.7 Andrew Stotz: And one of the things that I found fascinating was just how you came to Deming from a very different angle. I was lucky enough that my boss at Pepsi sent me to study with him and I did two different seminars. The last one was in 1992. So I was 24, he was 92, was gonna live about one more year. I had... I could literally reach out and touch the man and hold his hand and sit next to him. I got a great picture of me sitting next to him. And I was just a young guy with a fresh mind compared to the 500 guys behind me that were older that he was bashing at times. But tell us a little bit about how you stumbled upon this topic and why you decided to do what you did with writing the book?   0:05:03.7 John Willis: Yeah, no, it's sort of interesting. I sort of say that for the first, I don't know, probably from 1980, my first job was running five distributed large computer systems for Exxon Research and Production, basically the geophysics work, right, during the most hottest period of the oil industry. And there were people doing that part of variation and understanding, but that didn't sort of hit my world. I was supporting geophysical processing and then so I rolled into other jobs. And then probably the closest I came... So in other words, I'm dealing with a lot of these major transformations and always focusing on the meta side, like the organizational. What are the things that are wrong? How do we fix the human and technology? There's a phrase called sociotechnical systems, right? And that's always where I've been most interested. And then even I was at GE Capital and I'll say this with all honesty, I was a Green Belt, but they gave out Green Belts for Six Sigma, [laughter] right? My wife was actually a Black Belt. And... But we would do... And I know Deming hated Six Sigma and all that, but we were doing... It was all around me, right? And then it wasn't until really the DevOps age that we really... That was a major shift in my career because before everything was sort of first generational from a technology or sociotechnical system, very command control, you sort of you installed software in a certain way. There were so many principles that were being broken by DevOps. And I was already an older guy at that point, but I was learning from these young kids and I'm known as the person who introduced DevOps to the US.   0:06:52.3 John Willis: And... But so there is where we started going back and understanding... We thought everything was new. We were creating DevOps, we were doing all this crazy awesome stuff. And I remember a friend of mine, well, a good friend of mine wrote a book called 'The Phoenix Project' by Gene Kim and it's a rewrite of Eliyahu Goldratt's 'The Goal'. And I was like, oh my God. And I read all of Goldratt's books and I was like, okay, this is the way, this is the way. I've seen a glimpse of some 30 or 40 year knowledge that I was missing. And then it was an open space seminar. A good friend of mine says, "John, you know." and I'm going off about Goldratt and he's like, "You know this all goes back to Deming." I'm like, "Who's Deming?" I'm like, "I just spent a year learning everything I could about Goldratt. He is my North Star. And now you're telling me..." And he challenged me. He said, "John, I'll leave it at this. You go read Deming's 14 Points and if you don't... I know you. I know what you're gonna do once you do that." And he was spot on. That was it. I was... And I don't... I'm more into the Profound Knowledge and we could talk a little bit about my journey there. But I was like, oh my goodness, this is the real and I love Eliyahu Goldratt and I love 'The Goal' and I love all his books. But Deming was hitting... Was like punching me right square in the face.   0:08:12.0 Andrew Stotz: So to what gap did it close for you? I mean, Goldratt is very specific about the main limiting point...   0:08:23.2 John Willis: Yeah.   0:08:23.3 Andrew Stotz: The bottleneck, how do we solve this?   0:08:25.6 John Willis: So the 14 Points, sort of one of the jokes is that it's mandatory to put the 14 Points in a DevOps presentation. So we were doing that dance a little bit, but then when I got a little serious about it, actually me and Gene Kim, we did a book. Goldratt has this book called 'Beyond the Goal'. It's an audio-only book, right? And I convinced Gene about five years after he had written 'The Phoenix Project' to do a Beyond the Phoenix Project. And so he did Goldratt, I did Deming. And at that point, I knew enough about Deming to say, "Okay let's..." And then we talked about DevOps and the principles of Lean and we did... I always, when somebody says they bought that audiobook, I'm like, "Oh, you're the 15th person that bought it." right? But it sold more than that. But the... But that's when Gene tapped me on the shoulder and did that. We went to the studio. It was a highlight of my life, literally going to the studio with Gene and literally recording for a couple of weeks. And he's like, "John, you really need to write a book about Dr. Deming." And then I started building a folder. And then the crash course then or the trajectory at that point not really crash course is that you realize the 14 Points are, no disrespect, but vaguely interesting. You're like, "Okay, Mount Everest is System of Profound Knowledge." Right? Because that's the mount... And that's the one where you're like, "Okay, I read 'Out of the Crisis', I think I get it, the 14 Points make sense, but like, what is this stuff he's talking about here?" Right? And then you read 'New Economics' and it's like, "I still..." And then, so for me then, it was, I'm just one of these person like I have... And again, I'm not trying to make myself look like I'm special, but I have to learn. I can't... I'm the worst person in a... If I was in your class, you'd kick me out of your class because I'd be sitting in the front row and you'd be, "Oh no, not you again."   0:09:26.2 Andrew Stotz: Another question.   0:10:26.9 John Willis: Yeah I know just another question. I mean, I've been cut off by professors and... But the... I'm like, "All right, I got to get to the bottom of this." And that was almost a 10-year journey for me of... I had to know. Because it was clear to me that Profound Knowledge or System of Profound Knowledge was not something he invented out of thin air. Like, I had to figure out, where did he get this? And that started the genesis of how I was gonna write the book, which is the journey, 'Deming's Journey to Profound Knowledge'. And that sort of took me into... And what that did, while I was learning that, of course, Deming opened the door to guys like Russell Ackoff and Ashby and just all these other sort of management thinkers and even Drucker or whatever, right? They all sort of started filling out a palette. But meanwhile, I'm still driving hard on Deming. And what that gentleman said to me, good friend of mine, Ben Rockwood, who I give tribute in the book, is when he said to me, almost like tapped me on the head, like, "John, John, John, it all goes back to Deming." Like, you start seeing the clarity of DevOps, Lean, Agile, it all had these things. And so I spent literally a long time really trying to figure out, okay, how did Deming get... We all know variation is relatively simple to understand where he got that from, right? Shewhart's work and all that stuff. And I'm not trivializing the impact of what he did for it, but knowledge was interesting. And knowledge I had to go to pragmatism. You had to understand what C.I. Lewis is. And that's a book that Deming said he had to read seven times.   0:12:03.1 Andrew Stotz: He had to read it seven times...there's no hope for me.   [overlapping conversation]   0:12:05.2 John Willis: That's right. No, actually I did Tom Sawyer. I have a friend who's one of the smartest people I know. He's like, "I'll read that." And he explained it to me. But and then I read it. But so knowledge, this sort of, how do we understand? How do we know what we think we really know, right? That whole epistemology and all that. To me, this is like sort of, just give me more, right? And see more and feed me. And then system thinking was interesting, appreciation for system, because then that got me back to, okay, and there was some missing links there. And I found that one of the guys who came up with General Systems Theory, von Bertalanffy, him and yeah, Ackoff. Him and Ackoff had sat in a seminar of his like in the '40s and so there was some influence there. And there's a lot of work that's been going on in systems thinking after him. But so then I got that and then the psychology is tough, right? But so I put all that together. And then my... The thing I was telling you earlier is, when I do the research for a project like this, I read everything that there is about it. So my AI book, I read 25 books on AI, history of AI. I'm up to like 10 books on the history of quantum computing.   0:13:23.4 John Willis: With Deming, I've read every book that's been written by Deming, at least the ones that I know of, right? And one of the things I noticed, the pattern was that they all... Again, I'm just simplifying it. They all started off with a little bit about the biography, some a little longer than others, but in general, most of the book was about the management theory. And it was really a book that was being sold as a business book more than it was as a biography. And one of the things I've always loved about Michael Lewis or that sort of story of nonfiction storytelling is he tells a biography, it's a disguised biography and I thought, my God this... And as I kept compiling over the years all these great stories, you know, the Doris Quinn story, right? The woman who, she went to New Guinea and Deming... Spent the last two years of her life with Deming. I mean, most of the people that are Deming disciples didn't even know about this woman. And she spent the last two years of life traveling with him. So I met her and interviewed her. And the stories, you know Hawthorne, and there was such... It wasn't just that, I love the idea of trying to explain how he got to management theory and epistemology, how did he get to the science of variation? That's all good stuff. But I wanted the stories, and the stories were just glorious. As you enjoyed the book, right?   0:14:52.4 Andrew Stotz: Yeah.   0:14:53.3 John Willis: I think that was the fun part of not just explaining the sort of tech, if you will, but it was the, like the, oh my God, this... I've got to... I had three chapters like six years before I wrote the book.   0:15:06.9 Andrew Stotz: Yeah. Well, here's chapter 15. And you say, "Being a student of Deming, I came across an untold firsthand account of a beautiful story from one of his acolytes, a woman named Doris Quinn," who you're talking about.   0:15:20.0 John Willis: Yeah. Yeah.   0:15:20.2 Andrew Stotz: And... But the... I also had marked a section related to talking about the final days, saying...   0:15:29.7 John Willis: Yeah.   0:15:29.8 Andrew Stotz: "Doris said he was a very, very driven man. He went nonstop. I remember one time we were in Kansas City and a reporter asked him, "Dr. Deming, when are you going to retire?" And the master said, "Why would I do that?" "Well, so you can do what you want." the reporter said."   0:15:45.7 John Willis: Yeah, yeah, yeah.   0:15:46.4 Andrew Stotz: "Dr. Deming looked at him and said, "I am doing what I want."   0:15:50.2 John Willis: Yeah. You know what I love about her? There's a really good book from Amazon called 'Working Backwards'. And they tell us... The guys who wrote it were pretty high up early on in Amazon. They tell the story how if they traveled with Bezos and you didn't have a whole set of questions on the plane ride, you got in trouble. And so Doris Quinn tells that story, how she literally, she tells the story of how she traveled with him and he's like, "Doris, what other questions do you have for me?" And if she didn't have one, he'd get mad at her. He wouldn't talk to her. They'd have to wait a day because normally they'd go and have gin together. But if she didn't have questions... And some of it's in the book, some of it was in conversations had... He'd literally get mad at her and not talk to her for the rest of the day [laughter] because she didn't have any questions. You got to love that, right?   0:16:39.2 Andrew Stotz: And you also did a little follow-on about more stories that you didn't get in the book, I believe.   0:16:48.1 John Willis: Yeah. Yeah.   0:16:48.2 Andrew Stotz: Tell us about that.   0:16:50.1 John Willis: Well, so I wrote the DevOps Handbook, right? And that was a collaboration with four other authors and took us six years to write it. So my wife says, "What parts did you write?" I'm like, I don't know, man. There were a lot of parts that went in and out and moved around when you have four authors, and it was really a very techie book. So 'Deming's Journey to Profound Knowledge' was really the first book where I literally... It was my book. And so I had written the book. In fact, my favorite story, and Doris Quinn is a great story, my favorite one was... It was basically called The Devil Wears Prada. And so, and Kevin... I don't think Kevin, his mother even knew this when we were talking that his grandmother literally was... I mean, I think they knew that she worked for the pre-BLS, she was a statistical mathematician and all that.   0:17:45.3 Andrew Stotz: Right.   0:17:45.4 John Willis: But after the war, she worked before she... I don't know if she met Deming, but she certainly wasn't married to him, Dr. Deming. She worked on the mail-order business was getting all these returns for women's sizing. And so whatever the pre-BLS was, Bureau of Labor Statistics, commissioned her to do a study. And she's the one who invented women's sizings. Because before, they didn't really have all the different measurements. So she ran a whole statistical study. And so today... So I use the whole story of the Anne Hathaway, the 14 is the new seven and all. So I start that off. Anyway, so I go to my publisher and my editor, who I love, she'd already knocked out a lot of stories, but this is the one where, "You're not taking this story from me. You're not... This one is not." And then she's so good, she'll be like, "John, let me ask you this. Does it fit the arc?" By this point, she understands System of Profound Knowledge, she's read my book quite a bit, and she says, "Does it fit the arc of System of Profound Knowledge?" "Uh, I hate you." And I took it out. And then she said, "Well, why don't you make a blog post out of it?" And I'm like, "Oh, no. I'm gonna make another book." And I took all the stories we cut out and I called them Profound Stories. And yeah, so...   0:19:06.6 Andrew Stotz: And for the listeners and viewers, you can get it on Kindle and then you can read the stories. And I think for the Deming community, that's one of the best parts about this whole thing, is just there's no great collection of stories that has an arc to it, as you said. So I enjoy that. I wanna also... It'd be interesting to understand how your thinking has progressed about Deming, because obviously you talk about this introduction phase where you got to know him, then you have this intense phase that you seem to have a knack for, then you write the book, you have all the excitement about that, but you're on to other things.   0:19:46.8 John Willis: Yeah. Yeah. Yeah.   0:19:46.9 Andrew Stotz: And there are remnants of Deming that remain with you, but there's others that have fallen by the wayside. Maybe they're not as critical as you may have thought or... I'm just curious, how does the Deming thinking unfold in your life now?   0:19:59.7 John Willis: I... It's become sort of a fabric. So, and I wanna get back to that, but I do wanna say one thing... I'm so... Whenever somebody tells me the story that they met Deming, I have two reactions. One is the hair on my skin, my arms go up thinking, "Oh, I wish that was me." But then the other one is like, I'm sure he would have yelled at me and got mad at me. Because he would basically be like, "That's a stupid question, Mr. Willis." So I have this fantasy of which way it would go. But anyway. Yeah, the question around what do I think now? I think, so if you go back to the narrative, he... And it's hard not to be a sycophant of Deming, right? But I am a sycophant of Deming, but I try not to be. And... But even in the book, I tried not to be a sycophant, right? I went out of my way. But so when I say this, Deming was in my DNA before I even knew who he was, right? Like at Exxon, at GE Capital, the Six Sigma stuff. And again, I understand for people listening, oh, the Six Sigma went the wrong direction, but it originally was stemmed from a lot of his ideas. And so it was there. So it was sort of foundational, and he was the lighthouse to put it in... And then System of Profound Knowledge became the taxonomy for me for this stuff that was in my DNA. And so in one way, there is this thing where you move on to a new transformation. And we're in one right now. We've been in one. I've been in one for five years now, which is with the AI. And again, same thing for me is it's not about the AI, it's organizational behavior, organizational patterns, what is the sociotechnical science behind how do you do these things?   0:21:48.4 John Willis: But so you forget... I always say technology shifts are like fluorescence. People use the metaphor of like spring and winter, like AI winter, AI spring, and they've used it for other things than AI. And that's sort of like a rebirth. The fluorescence is good because it's like an energy. It's always rolling forward. It just gets a fluorescence bright glow periodically. And so what the problem with the metaphor works for me because the energy is there, and the energy are the patterns that are consistent. The fluorescence is the blinding effect. So back to like, did anything fall off the wayside with Deming? Yes, for a little bit. Because in 20... Basically I started playing with the early versions of GPT, the OpenAI models, back at version two, and that was like around 2020, right? Even before ChatGPT, right? So that whole experience before we started even thinking about what this was gonna look like at a large-scale bank was fluorescence. Like I'm not thinking anything about Deming from 2020 to 2023. In 2023, 2024, I start getting asked to come into some of my larger clients. And I'm following it too, and I'm sort of... I'm starting to become aware that this is becoming... In fact, I'm pretty sure in the grand scheme of things that don't matter in the grand scheme, I'm pretty sure I got first use on shadow AI, in an article I wrote in like 2022 or 2021, right?   0:23:27.2 John Willis: So I had already been recognizing there's a problem pattern here. We got the shadow IT with the cloud stuff, now the shadow AI, and I could see this steamrolling happening so... And then I started getting called in organizations, and then I still was the wayside of the Deming. Like, I didn't walk in going, "Hey, I'm gonna hit the punching bag with Deming." I was coming in trying to figure out what do I know about patterns with this fluorescence metaphor that are new and shiny, and what are the things that are old that have been relevant for the five decades and the six transform... At least six transformations I've been through that are common in everyone. And I started seeing that. And then what was funny, as I'd be writing and researching with AI, it knew so much about me that even as early as like 2024, I had loaded in my Deming book. In fact, one of the ways I learned AI is I took the 'Deming's Journey to Profound Knowledge' and I turned it into an augmented general retrieval, or what they call RAG database. So I learned a lot about AI because I knew what my book was, and I could validate what was hallucinations.   0:24:36.3 John Willis: Anyway, but it knew enough about me. And then what it would periodically do, it would say, "Would you like Deming's version of this?" I'm like, "Yeah, I would love that." And then I... It started refreshing my memory of what the real context going back to my friend Ben Rockwood, it all goes back to Deming. And so now it's actually on the... It's more than ever, it's on the forefront because I'm being brought into major brand organizations that are seemingly failing on AI at the institutional, organizational level. And there's not a line of these people. In fact, most of them don't wanna talk to me because they don't wanna hear what I got to say, which is slow down. And I'm okay with the ones that don't wanna hear that because I don't really wanna work with them anyway. But now I'm seeing with absolute clarity two things. One is it all goes back to Deming, and all the problems that we're seeing can be classified in Profound Knowledge.   0:25:37.1 Andrew Stotz: Tell us more about that. Because for those people that... There's so many different components. When I got introduced to Deming, it was the 14 Points, 'Out of the Crisis'. And then I left America in 1992, so I wasn't there for 'New Economics'. And it... And I did other stuff for 20 years, 15 years, and then I found New Economics. It's like, "Wow, this is different from that."   0:25:53.1 John Willis: Yeah.   0:26:09.1 Andrew Stotz: Yeah, so between the deadly diseases, the 14 Points, the System of Profound Knowledge, there's so many parts to this.   0:26:15.9 John Willis: No, I've got... Yeah, I definitely got. And I'll tie it right back to the... In 'Deming's Journey to Profound Knowledge', I tell the story of Knight Capital. And Knight Capital is an interesting... It was the second highest high-frequency trading, black box, latency arbitrage on the NYSE. A sysadmin made a configuration error. They lost $450 million and don't quote me on the exact numbers, but like 450 million in 45 minutes. They were arbitraged at billions of dollars. They were literally out of business with a cease and desist from the SEC. And I always tell people, like, that's the last thing you want if you have a business is a cease and desist from the SEC, right? And at that point, we would say things like the consequences are high on how you think about humans and technology. Well, guess what, sports fans? Knight Capital is a drop in the bucket of what we're gonna start seeing with AI. We are going to see these... And there's the Equifax breach, there's all the... We're gonna see non-survival. I mean, Knight Capital didn't survive. Equifax lost five billion market cap in a week and then recovered all of it, right? But I'm saying there's been some major brand recognition problems pre-AI. You're not going to be able to survive these with the power...   [overlapping conversation]   0:27:41.7 Andrew Stotz: Abilities are gonna be shaken out.   0:27:43.6 John Willis: Yeah. I mean, and the brand damage. Brand damage by the escape routes of how... I mean, let me just step and I wanna go back to answer your question. But one of the things that people don't recognize right now is the machine that we have now has infinite knowledge at machine speed, and it's probabilistic. I mean, just add those three things up, that it has the ability of infinite knowledge, something no human could even close to. So it'll make decisions, it will escape, it will figure ways out, it will try a clever way to do something that probably no human would do that could be a disaster. Right? So the consequences are incredibly high. So then now, okay, let's really dust off: it all goes back to Deming's stuff. And so to your question, I think that I would love to see, like, you write a fantasy novel about how Deming came back to the future and was sitting here listening to what was going on, and he'd be screaming. He'd be telling everybody... And this is the thing I'm... I don't scream, I'm too old these days, but like, I literally cut off a CIO real quick in my conversation. I interview a CIO, they think they're interviewing me, I'm interviewing them. And if I'm like, "Yeah, no, you know what? This isn't right." "Well, what do you mean, John? We had..." "No, no, no."   0:29:09.1 John Willis: Because I can see right away that what the CIO or the leadership is... They think AI is a technology transformation. It's an organizational learning transformation. Deming would see this and scream this out loud. And that's the part of the blinding fluorescence that we're missing. We should know this by now, right? And so all these technology shifts, they think they're technology revolutions. They're really... I mean, they go back to the basics. What are the systems are they changing? Are we understanding what variation is? How do people learn? Are people not learning? Are people... A good example is, in every organization that I travel and this has been true for almost every technology transformation, but now it's glaring. I like to simplify. I say there's three groups. Let's take AI, right? Three groups in an organization. And usually, again, I don't care about really start-ups. I do care about startups from an investment standpoint, but I don't care about them from my day job. And so this is a bank or a large retail or insurance company or manufacturing. And so the CIO is like, "We have an AI strategy." And by the way, let me step one more thing, we learned a lot in the DevOps revolution, but DevOps was never a board-level conversation and it was never a Wall Street conversation.   0:30:37.1 John Willis: AI was immediately a board-level conversation. And so the pressure on a C-level, a CEO and a CIO, is "You must do AI yesterday.", right? And so now what's happening is the CIOs are literally doing knee-jerk reactions of like, "We're gonna have... We got 30,000 employees. If we can get all 30,000 employees using AI with a 3x productivity rating, we'll have..." you know, like, oh my God. And then they say, "Make it so." And I call this the strategy versus talent systems gap. And I don't mean how talented they are, I mean understanding what your talent system looks like. And to keep it simple, most talent systems look like this, they have one group that is passive-aggressive. They don't like change. They've been doing the same job forever. In this new world, they don't believe AI works, and they're passive-aggressive about it because they know they can't say they don't want it. When the CIO says, "We must do AI." they have to go, "Oh, we'll get to it next month. Next month. We'll get to it next month." And then you have the second group in the middle. They wanna do the right thing, but they're high enough... As we know, if you work for a bank and you're in a high enough position, if something really goes wrong, you're lucky if you get fired. You could get a fine for two times your salary, or you could actually go to jail.   0:32:02.3 Andrew Stotz: Right.   0:32:02.4 John Willis: Right? So that group is like, "I wanna use this, but you're not clear. There's no clarity from your... You guys all wanna do all this...   [overlapping conversation]   0:32:11.7 Andrew Stotz: There's risks everywhere.   0:32:13.3 John Willis: But we've got the OCC and there's no clarity on FDIC and like, what does this mean?" "Well, I don't know." "Well, then I'm not touching this stuff. And do you have my back?" No. Right? And then the third group is the classic, do now, ask forgiveness later group. And so you could put this all back to driving out fear. Because what happens is you've got a strategy. What is that, it's number eight, I think. I think that's right, but it doesn't matter, right? It could be nine, it could be seven in the 14 Points. So the CIO has said, "This must happen." And then, again, board-level, horizontal, vertical pressures. And then everybody's... And they're not even understanding, do they have the capability? Do people wanna do it? Does the middle group even understand the clarity? And so the first thing that you should be doing is, in the clearest sense is driving out fear. So the do now, ask forgiveness laters are fear that if they don't do it, they won't be the leaders. The middle group is pretty clear what their fear is, you don't give them clarity of what they can and can't do. And the third group is fear of changing, losing their job, "AI is gonna replace me." So that's all a spectrum of understanding fear at the human level. And so maybe that is one of the first things you should address before you actually set a grand strategy. And we know Deming has a lot of thoughts about this, and then we break into sort of like...   0:33:48.6 Andrew Stotz: Okay, so let's stop at that.   0:33:50.1 John Willis: Yeah. Yeah.   0:33:51.6 Andrew Stotz: Fear.   0:33:53.0 John Willis: Yeah.   0:33:54.5 Andrew Stotz: That is something that remains in your belief system that is supported by Deming. Did you have that awareness when you were in... Let's just think about before you came across Deming.   0:34:08.1 John Willis: Oh, oh, yeah.   0:34:08.9 Andrew Stotz: Let's say you were doing all that stuff with Goldratt and all that but then when you came to Deming, did fear come up as, oh, wow, this is obvious, or did you learn that later and you see it now more?   0:34:21.3 John Willis: Andrew, this is why you're good at your job. This is good. This is a great question. No, really good... I love questions where I have to really deep think about it. So I think that I kind of always... It wasn't until DevOps that I understood what failing was about. So just before, like the nanosecond before I'm learning what Deming's saying about PDSA and failing and how the whole structure of learning is, I had this sense, but I don't think I was baptized yet on... And to me, I'll put fear and failure in the same bucket, right? Because it's a very... They are, in a lot of senses, the same thing. But certainly I can put them in the same bucket. So I had a sense, but it wasn't until we started seeing fast fail in DevOps. So DevOps, one of the things with DevOps was shorten the feedback loop. That was one of the core tenets of DevOps. Like, instead of waiting three, four weeks, five weeks, six weeks to deliver some software, or six months, and then by the time you deliver it, you're onto... The whole group that built it is now doing something else, let's just be able to turn a line of code into a delivery now. And that was revolutionary, right? And it's changed the universe. I mean, you don't have the big AI providers today if you didn't have DevOps.   0:35:46.4 John Willis: You would not have Airbnb and Uber and all that if you didn't have DevOps. Right? So that... And that sort of realized that this fast feedback loop is really an interesting thing, right? And the fact that it is telling you fail fast because then you learn fast and then you correct fast. And you... And so right around that time, I'm doing this research on Deming and starting to understand epistemology, the theory of knowledge. And so, again, I don't think... Like I said earlier, I don't think I had the... And vocabulary's too loose of a word. I don't think I had the structural understanding. Like, I didn't know what the word epistemology meant [laughter] before I started learning Deming. So I... So it was really... There were flavors of understanding what learning was, but it was DevOps that literally sort of put it to the front of why this works, how it does. And then I got... Again, a lot of careers is just being lucky, right? I just happened to sort of tap into this Deming thing through meeting Gene, learning about Goldratt, and then having this good friend tap me on the head and say it all goes back to Deming. And so, so and then that point, then it sort of opened up the whole world of epistemology. And it wasn't until I wrote the book where I started realizing it was pragmatism.   0:37:07.2 Andrew Stotz: And did that... Does that fail fast, does that method of accelerating the feedback loop that happened through DevOps as you've explained, does that remove a lot of fear from where people would be...   0:37:19.6 John Willis: Oh yeah.   0:37:19.7 Andrew Stotz: Much more... So that all of a sudden says, "No, no, no, it's okay to fail. We'll see that in a day, in two days, and then we're gonna iterate from that." So, okay, I understand how that kind of reframes fear of failure. But then you now talked also about the idea that it's a big element that you see, everything goes back to Deming. Nowadays you see this fear. How does it connect with how you see fear today in the workplace or in organizations?   0:37:50.6 John Willis: Well, again, I think it's the same thing. I mean, I hear people talk about now that one of the big discussions right now and I always look for the anti-pattern of where the discussions go, right? There's this big discussion about AI slop, right? In fact, last year it was we were all concerned about hallucinations. And I'm not dismissing that, but like, if you know how to run AI and infrastructure harnesses and build ground truth in an organization and you understand how your internal audit works, hallucinations are not, let me repeat this, are not a problem in 2026. They are not a problem. You could make them a problem by not understanding what I just said, but they are not a problem. So today's hallucination frenzy scare is what's called AI slop. And I guarantee you in 2027, it'll be something else. But... And I'm not saying it doesn't exist. It does exist, right? But so people are sort of calibrating, what is the cost... There's this counter-reaction to AI coding, not even assistance, people are now using pure agent coding, right? And the question that I think Deming would ask and maybe if there is some divine proxy of me speaking through Deming or Deming speaking through me is that the question that people are now looking at is, "Slop is so bad, we're creating so much code, should we ease back to the longer cycle for ideation and delivery and that process?" Because it's costing us a lot of money on the implementation side.   0:39:20.8 John Willis: The error, the time it takes to remediate the slop is starting to outweigh. Well, that's just bad organizational behavior and design. But okay, but so now I've had this argument with a major corporation, the CIO the other day, where I was saying you have to create this hourglass effect. For you got to create the funnel and then you got to have the control system that slows things down and speeds it up. And he was saying, "But yeah, the cost of the slop is all this stuff." And I said... What I said is, "Yeah, but what you're missing is..." and this is a company that did really well in DevOps, I worked with them years ago through the DevOps transformation and they understood the fast feedback and I had to re-explain the idea that, yeah, there's a cost to AI slop, but if you're not calibrating that with the cost of non-fast feedback and learning because your fear is this slop is gonna get us back or make you knee-jerk reactions, we're gonna see if we can slow down the ideation, maybe we move too fast. And again, I don't... There are scenarios where that is absolutely true, but that is, first understanding your problem. And your problem isn't slow down the ideation process.  Oh, we should spend more time ideating because what does that do? It goes back to the old school where we're spending way too much time in the ideation. By the time it actually gets implemented, the feedback loop of learning is way too long. So I think you're better off at least measuring... And this is where variation comes into play. Measuring if I decrease the ideation time, do I get more value from the fast feedback because I can understand the problem, I can fix it faster? And again, that was one of the core tenets of DevOps. But I find people now pushing back because they're scared of AI slop and it's costing more remediation time. So again, I think these are multiple ways of thinking about how fear...   [overlapping conversation]   0:41:26.9 Andrew Stotz: Yeah, so besides...   0:41:27.1 John Willis: The fear... And I was just gonna say one... Sorry to cut you off.   0:41:29.0 Andrew Stotz: Yeah, go ahead.   0:41:31.0 John Willis: But one of the biggest problems I've seen over the years is I think the knee-jerk reaction is the symptom of fear. Right? And so I've seen this over and over where a bank gets pawned and so they put out a req for a hundred IT sec professionals in a city where you can best case hire 10 one year. Right? So again, I think that there's that combinatorial fear, knee-jerk reaction.   0:42:00.5 Andrew Stotz: If you were to pick one other area of Deming that really stands the test of time for you, as opposed to a Deming disciple, let's say someone that's trying to implement everything that he's talking about and they're trying to do it in their little manufacturing company or their service business, which I interview those guys.   0:42:09.1 John Willis: Yeah, yeah.   0:42:17.6 Andrew Stotz: But in your case, in some ways it's like you swam through a Deming period of time, absorbed everything and now you're on to other stuff. I'm just kind of interested about what else is lasting?   0:42:35.2 John Willis: Yeah, no...   0:42:35.3 Andrew Stotz: Just one thing.   0:42:35.6 John Willis: And I think maybe, Andrew, maybe part of a problem of the institutionalized Deming conversations is it doesn't always have to have the word Deming in it. In other words, I'm not criticizing you. I'm just saying that I see it more as it's in my DNA. It's part of how I look at things. And so I'll give you a great example. This is pure Deming, but I wouldn't think of it as, "Oh, let me explain this way I want you to evolve in AI because Deming would say..." I don't start that way. But I will tell you that when I came up with this idea and it's called an ideation, AI ideation hackathon. Right? Because everybody's running tech hackathons, AI hackathons. And that's a terrible, terrible, terrible idea. And there's technical debt, you're just making a lot of mistakes there.   0:43:01.7 Andrew Stotz: Right.   0:43:27.8 John Willis: It's a knee-jerk reaction. So the ideation hackathon is sort of something unique. I was doing some consulting for the CMO of a large database company, but got into AI and I helped them, it's called MongoDB, I don't do any work for them anymore but I helped them launch their AI solution. And I did a lot of technical hackathons and I just kept seeing how all the chaos of these technical hackathons, people would build stuff, it would just wind up in GitHub repositories, it would go nowhere. And I finally said, "Why don't we just strip out the technology and focus on the ideation process?" Right? And so that becomes a pure implementation of PDSA. Right? Because in a PDSA, if I was gonna sort of explain it in a Deming way, a hackathon would be a terrible way to implement a PDSA. "So let's build the Sistine Chapel and then let's figure out, let's study the results." Or why don't we start small as an organization? This is why I tell my first... Right now, CIO asks me, "Okay, John..." and usually the conversation ends at this, "What would be your 30-day, 90-day plan, 180-day plan?"   0:44:41.0 John Willis: I'm like, "Not to have one." Yeah, but then I sort of, I talk about two ways to deal with where they're at. And I say that one is something I've done over years, was a qualitative. I do these large where I interview 300, 400 people and I use true qualitative analysis approach to interviewing people, build categories, and structurally design what the place looks like. Right? And that's very... But it's very expensive and it takes... Expensive not in the money, but the time. The new sort of one that CIOs, at least a small percentage of bite onto is, "Why don't we run some ideation hackathons?" And here's the value, you're not writing any code. You're letting people focus on learning how to ideate. Because remember I said earlier, AI is not a technology transformation, it's an organizational learning change. So let's focus on the organizational learning structures without giving any of the technology or the code. But do the hackathon, and the readouts are what you would have built minus the specific tools. And it's glorious because you actually you get to see all the stuff without expending tokens. You don't build the risks. Because anybody who tells you they can sandbox experiments in AI is lying, absolute lying. If anybody's followed the recent Open AI Hugging Face one, it was the most insane escape.   0:46:10.9 John Willis: So, and then the other idea is I don't want 30 of my executive administrators all picking their own tools and all trying to solve all their C-level bosses' problems. And by the way, there's the whole security exposure is, I've done ideation hackathons where an EA says, "I got this idea. I wanna take my P&L or my profit or whatever of some proprietary information on a spreadsheet and throw it into Claude and have Claude..." I'm like, "Yeah, no, no, no, no. Let me explain how that goes into Claude." It literally, it traverses through a bunch of internal structures that leave stuff laying around. And by the way, even though they say they don't train on your data, they have your data. Like, you don't want that data in there. So the ideation hackathon, I think, is a really good... And so I think the main point to that is, although I don't walk in the door and I think one of the... Again, your listeners, I'm like attacking your listeners basically but I think one of our problems is, we try to build our, some people try to build their skill set around like, "I'm a Deming expert. I'm gonna teach you how to do Deming and everything's gonna be great because of Deming." as opposed to let's just make the water Deming, the water, the fabric of what we do. And every once in a while it does make sense to be able to say, "Hey, you know that..." And I won't go back and say I won't lead and say, "Well, Deming tells us..." because I'm not gonna get the gig if I just go too much on Deming anyway. But I will say at some point, I'll say, "Here's the deal. We've got over 100 years of management knowledge on how to do the right things. Let's pay attention to those things." Right? And that's the Deming, that's the Shewhart, that's the Ackoff, it's the Ashby, it's the... We can go down the list, right? Senge.   0:48:06.2 Andrew Stotz: One of the things I was thinking about a while ago was, when Dr. Deming wrote 'Out of the Crisis', he was telling us that we were in a crisis and that we needed to think a new level of thinking. Did it work? Are we out of the crisis? Did people take on board what he taught? Where are we now? That was 1986.   0:48:30.7 John Willis: Yeah, I know, I know.   0:48:31.7 Andrew Stotz: On the one side you can say America's brought incredible amount of innovation and businesses are huge and other countries and other regions struggle to catch up with America. So on the one hand, you could say materially it appears like we're there. But on the other hand, when you look at the way things are managed, you could argue, yeah, not much has changed.   0:48:56.7 John Willis: It's a tough one. It's a tough, I mean, let's just face it, large-scale organizations of high consequences are so full of bureaucracy. Humans interacting at that scale is probably the hardest organizational problem there is, right? You can study anthropology for the next 40 or 50 years and still not have a good clue of how to. And people do, right? So, yeah, it's hard. And why things work, why they go through the... I mean, I talk about the Peterson at Ford, right? And then Ford, turns out there were a lot of other... There are these other conflicting things that happen, industry changes, financial models change. Why did Ford have this incredible success when Peterson called Deming? And then some number of years later, they're back to the old ways, right? We got General Motors, we got all that. I will say this, and I hadn't really thought about this until you asked the question. One of the things I did focus pretty heavy on is Deming's influence on Toyota. And now there's a lot of debate and this is where people get pretty mean with me. I mean, Dr. Spear, I love Dr. Spear. He wrote 'High Velocity Edge' and he's a genius. He was MIT Sloan. And every time I'd see him, "Well, you know, John, Deming and that Six Sigma stuff never worked." And I'm like, "Alright, first off, he didn't do Six Sigma. Second off..."   0:50:21.6 John Willis: And then he told me one time, he said that Deming had no influence on Toyota. I'm like, "Yeah, that's just not blatantly untrue. I'm sorry, you're a PhD genius, I'm not. You're wrong." And so I've been hitting him... Over the years, I hit him with a lot of evidence of Deming's influence on Toyota. And it even goes back to Denco Densco and some of the same. But here's the thing, right? I... There's a woman called Katie Anderson. She's got a book, Learning to... 'Leading to Learn, Learning to Lead', where she met a guy who spent four decades at Toyota, this Dr. Yoshino, and she interviewed and wrote a book about his career. She runs a Japan study trip. I did a Japan study trip a couple of years ago and I got to meet him. And I... He hired at Toyota in 1966. He worked alongside Ohno, Shingo. He was there. He was a junior guy, but he was the guy they were yelling at, "Do this, do that, do this." right? So he was there.   0:51:23.9 John Willis: I told him, I said, "There are people that believe in the US that Deming had no influence on Toyota." He could not believe that that question even could come up. And he told me, he said, "John...", he doesn't really speak good English, we had a translator, he said, "Let me tell you what Deming taught us. He taught us to understand data." And at first I didn't grok that, but then I started thinking about variation. And although there's a lot of people that say that that didn't carry through too, but if I look at what Agile, Lean, and ultimately become DevOps, I in that book trace it pretty strongly back to Deming's influence on Toyota. And you can't deny Lean is not the core of Agile Lean, today's Lean, right? Toyota Production Systems, to be clear. So then I would say that the lasting impact of Deming is not what happened in the '80s when the Americans started understanding what he did, because maybe that translation, maybe it had to be... I asked Doris Quinn this and she said, "Oh, that's interesting." Because I said this, I said, "Could it be that Japan influenced Deming as much as he influenced Japan?" And I think it did. And I think the point was they were...   0:52:45.6 Andrew Stotz: It was a love affair.   0:52:46.3 John Willis: And yeah, and they were more malleable to his messaging.   0:52:50.3 Andrew Stotz: Well, they were more malleable because of their condition, but they also were more susceptible because of the structure of the society.   0:53:01.6 John Willis: Exactly. Yeah, but even the sort of community structure. I'll tell you another quick story on that study trip where we visited an elementary school. And in the elementary school, they had no janitors. Every sort of public school is like this, right? They have no janitors. And the kids, they literally clean. At about 2 o'clock, a bell goes off and some kids rotate and they do the bathrooms, some people... Imagine in an American school, some ritzy parents, "My son cleaned the bathroom?" It'd be on CNN. And they rotated serving food.   0:53:20.7 Andrew Stotz: Child slave labor.   0:53:39.7 John Willis: Yeah, yeah, yeah. And then we got to interview a couple of them and they understood Kaizen and all. So me, I start thinking about like, oh my God, this is our... Western culture is so broken because we basically teach everything that's antithetical to that. They get out of college and then maybe they get lucky and get into an Agile, Lean-like structure and we have to break it all down, where their kids come out completely in that sort of community. And we went to a lot of tier-one distributors. You could see the understanding of community and the power of it. And so what I'm saying is, what Deming was giving them saturated to have such an impact on TPS, and it's unquestionable the impact TPS has had on Lean and Agile and DevOps. And if you follow my thread, Lean, Agile, and DevOps have certainly impacted... You don't have places like Google for good or bad, Facebook for good or bad, Uber, because they could never scale...   0:54:40.0 Andrew Stotz: Yeah.   0:54:40.1 John Willis: Without that. So again, I think, I really hadn't thought about this until you asked the question, is I think actually the Deming 1980s renaissance of Deming was a... Seemed like a bubble in retrospect, unfortunately. But actually indirectly, he's had more... And there's a good part of the book that tries to cover that. I do the "What would Deming do?" after he died, if he was alive and all the stuff that happened there.   0:55:06.3 Andrew Stotz: Yeah, I mean, definitely DevOps. And then Eric... What was his... The Lean Startup one?   0:55:14.0 John Willis: Eric Ries. Yeah, Eric Ries. Yeah.   0:55:17.3 Andrew Stotz: That also... Those two really probably did more to promote PDSA and that aspect.   0:55:23.4 John Willis: Yeah, that's right. Oh yeah, scientific method. There is a copy, and I cannot find it anywhere, there is a copy of Eric, one of Eric Ries' Lean Startup books that does attribute to Deming, and I cannot find it.   0:55:36.5 Andrew Stotz: It does or does not?   0:55:38.7 John Willis: Does. Does. He's got this thing about the 75th birthday or something. Do you have it? Because I can't find the copy, at some point I read a copy where he does a tribute to Deming.   0:55:50.0 Andrew Stotz: Yeah, I think there's some...   0:55:53.0 John Willis: And then...   0:55:53.1 Andrew Stotz: I have the book and I think there is some reference in the book.   0:55:57.5 John Willis: Yeah, there was one, was like... It was like... I don't know if it was the 70th year, 75th year, and he... So yeah, no, I mean that directly. Lean Startup is literally... Yeah, so yeah.   0:56:10.9 Andrew Stotz: And if we think about people that are listening to this podcast, the people that I really want to listen to this podcast and I really want to get something out of the podcast is people that just don't know Deming. They've never heard of it, but they've stumbled upon it. One of the Deming community said, "Hey, you should listen to this podcast because you'll learn about Deming." And maybe they listen to a couple of episodes and it's a bit overwhelming when they hear someone talking about a lot of detail about this or that. Maybe they bought 'Out of the Crisis' and they got a chapter or two into it and they thought, yeah, that's also a bit overwhelming. What would be your message to that person who's listening right now to say, here's the reason why you shouldn't abandon it because of XYZ or whatever that message is that you've got about what they need to know about Deming?   0:57:01.4 John Willis: Yeah. I mean, I will say this, learning is hard. Change is hard, right? I mean, it sounds cliché, but, yeah, I think all of us who came into Deming, I didn't... When I read, we talked about this, I read 'Out of the Crisis', I was like, I don't know what's going on here. One of the worst things I can advise you to, I hate to say this, and this is probably anti-Deming Institute, is start off by reading his two books. You're better off going out to podcasts like this or other stories. I found that healthcare was chock-full of great stories, particularly about Profound Knowledge, of great examples. And then I went back and read the book and then like, oh my God, this is, now I get it, right? So I think a lot of things that we sort of encounter, a lot of them have... The things that are really valuable have this sort of facing counter-intuitiveness nature to them, and you have to sort of work at that.   0:57:55.9 Andrew Stotz: Yeah.   0:57:56.9 John Willis: And so Deming is hard. I mean, you... If you wanna understand Deming, I would say most people are not gonna get it on the snap. And what I would say to them is, it's worth figuring out what are the parts that he says and he did and his philosophy that could become part of your DNA, 'cause that I don't think anybody disagrees on. And then... And one other sort of short story. And I love Bill Bellows and I would say listen to all his podcasts. He's an amazing guy and just incredibly insightful on a lot of, I didn't really understand Taguchi, but so I did some podcasts with him. But I remember, and I'm not calling anybody out, but he runs the In2:InThinking Group and I've been to a couple of those. And I remember one time we were sitting there and we were having a conversation around sort of a roundtable and somebody asked, as I was talking about a company, they said, "Are they a Deming company?" I'm like, yeah. And I couldn't actually get through the room that, no. Nobody's a Deming company. Like, what is a Deming company? That's the wrong question. So again, back to, you got to be careful about how you think about Deming as using his philosophy to help organizations, because the more you focus on that it is a "Deming philosophy" as opposed to these are the right ways to think about the problems, you fall into this trap of maybe getting lost. Well, that Deming thing worked for about a year or two years and now it doesn't work. Well, if you don't call it a Deming thing, then what were the things that stuck and what are the things that didn't?   0:59:42.5 Andrew Stotz: Yeah. I just wanna remind the listeners and the viewers out there, just go to Amazon and find 'Deming's Journey to Profound Knowledge'. For me, I listened to it as an Audible book, which was fun because I enjoyed the stories and it just reminded me to go back and listen again. And also the additional stories, which I actually hadn't bought until, I had been wanting to buy it, but I didn't. So while you were talking, I got that on Kindle. So that's gonna be my fun.   1:00:13.9 John Willis: Those are great stories. There's a story about Gene Cernan. He was the last guy to land, be on the moon. And as you go through the book, it's really interesting. I did like seven or eight... So I was in no rush to publish the Deming book. I was in a rush to do the AI book. So I would literally get to the third rev, the fourth rev, and every time I'd have more new friends point things out. And by the time I got to like eight revs and I'm like, okay, it's probably time to put this book out. But what happens is as you go with the editor, they just start carving things down. And a good editor makes the strong point, like my 'Devil Wears Prada'. But again, there were so many great stories, like the Gene Cernan one is the last guy to be on the moon, but there was a story about Tracy's Rock and it's just a fabulous story, but it didn't have any place in Deming's Journey of Profound Knowledge. It was just an add-on that sort of took you off course. But now, in a standalone book, it's a great story. So there's a ton of those. The guy who created Piggly Wiggly was this genius. Like, again, it didn't really fit in there. But as a standalone story and I even do a little bit of, like, this would have been in chapter 15, so if you read both, you get a sense. And the worst thing I can tell you, though, is I had one person, I was at a conference I was laying the book, the Profound Stories book was laying around, and I guess I came back, he was at a booth, and he read it, and he goes, "John, can I talk to you about your book?" I'm like, "What?" He goes, "I don't know." I'm like, "Oh, dude, you can't read that book without reading 'Deming's Journey to Profound Knowledge'. It would be a terrible book if you didn't know what the premise was for where it came from." So, yeah.   1:01:59.7 Andrew Stotz: So in wrapping up, what would you like to leave the audience with from this discussion and from your journey into the teachings of Dr. Deming?   1:02:11.3 John Willis: Yeah, I think you have to start thinking about... And again, I know it sounds like I'm trying to sell the book and you're doing a better job than I am anyway but the last third of 'Deming's Journey to Profound Knowledge' was what would Deming do had he survived another 20 years? Right? And probably nothing because he was pretty old and not healthy. But the... So, I mean, question then is, as we think about organizational behavior, what are the core things? And I think Profound Knowledge is a great way. I, again I... Again, I don't walk in and say, "Oh, we're gonna... CIO, we're gonna solve this problem by applying the four elements of Profound Knowledge." That's not how I start that conversation. But I'm certainly thinking about systems thinking because that's first and forefront. Like, how are you thinking about... Like one company recently I was with, they got... Some of the big AI providers are giving well-branded companies all-you-can-eat AI. Like OpenAI is saying, "Hey, you know..." That's a terrible idea, terrible, terrible. Because now you're just building technical debt up the gazoo, right? So again, to be able to see the forest behind the trees, what's the systems thinking effect of that? How are you learning? What's the epistemology, the theory of knowledge behind that?   1:03:39.2 John Willis: Are you applying... In the book, I tried to codify my understanding of, like, the theory of knowledge is, how do we know what we think we know? The variation is, how can we see what we think we know? The psychology is, what are the... Let's take a second and what are the blind spots? And then I think of it as a feedback loop is, are we continually like if you listen to Bill Bellows, he does a great job of sort of explaining systems thinking through the sort of vehicle of Taguchi or Ackoff but are we just continually looping through that process as, "Let's take a bigger chunk, let's take a bigger chunk, let's take a bigger chunk"? So Profound Knowledge, not so much that you have to walk in and be an expert on 'Deming's Journey to Profound Knowledge', or more specifically, The System of Profound Knowledge. The idea is, can you use those... And the reason I fell in with 'The System of Profound Knowledge', why that was what hit my core, because I will say, out of my five decades of doing all this crazy stuff in technology, I can't think... I mean, there's a lot of cool frameworks that I use as auxiliary, and frameworks I'm using loosely but The System of Profound Knowledge is the one framework that to me beats all other frameworks because it covers epistemology, it covers understanding statistical analysis or analytical statistics. Right? Which is very important. It brings in the biases, the... All the sort of things about how people think, blind spots, and then it throws together the wrapper of appreciation of a system, so...   1:05:23.2 Andrew Stotz: Yeah. Well, John, on behalf of everyone at the Deming Institute, now you see your picture on the cover.   [laughter]   1:05:32.2 John Willis: There we go, man.   1:05:33.7 Andrew Stotz: I wanna thank you. It's a great discussion and it's long overdue.   1:05:37.7 John Willis: Sure.   1:05:37.9 Andrew Stotz: And for listeners, remember to go to deming.org and jump into DemingNext to continue your journey. This is your host, Andrew Stotz, and I'll leave you with one of my favorite quotes from Dr. Deming, which is, "People are entitled to joy in work."   1:05:42.4 John Willis: I love that you end with that.   

This Day in Legal History: The Judiciary Act of 1789On September 24, 1789, President George Washington signed the Judiciary Act of 1789 into law—one of the very first acts of the very first Congress, and a document that turned the skeletal promise of Article III into a functioning national court system. The Constitution had created “one supreme Court” and left everything else to Congress's imagination. The Judiciary Act supplied the imagination: it built a three-tiered federal judiciary of district courts, circuit courts, and the Supreme Court; it fixed the number of justices at six; and it created the office of Attorney General.The Act's most consequential provision turned out to be a quiet one: Section 25, which gave the Supreme Court the power to review and reverse state-court decisions that ran against federal law or the Constitution. That authority—federal judicial supremacy over state courts on questions of federal law—was the seed of much of what the Supreme Court would later become, and Section 13 of the same Act was the very provision the Court would strike down in Marbury v. Madison, establishing judicial review itself. In other words, the machinery of American judicial power, and the Court's authority to police the boundary between state and federal law, traces directly to this statute.The significance of September 24, 1789 is that it is the architecture beneath essentially everything we cover—the district courts where cases begin, the circuit courts of appeals that review them, and the Supreme Court that sits atop it all. And it's a strikingly apt anniversary, because our lead story is that very system in action, and under strain: a dispute ricocheting between a state supreme court, a federal district judge, a federal circuit court, and the U.S. Supreme Court—the exact interplay of state and federal judicial power that the Act of 1789 first set in motion.The fight over Missouri's congressional map is back at the U.S. Supreme Court—for the third time in a month—and it has become a genuinely dizzying illustration of how tangled our courts can get. Let me trace the bouncing ball, because the procedural chaos is the story. Missouri Republicans adopted a new map in 2025 that dismantled a Kansas City district held by Democrat Emanuel Cleaver, part of the Trump-backed national redistricting push. Then: on September 3, the Missouri Supreme Court unanimously ruled that under state law the new map can't be used until voters approve it in a referendum. On September 8, Justice Kavanaugh, as circuit justice, rebuffed Missouri's request to intervene. On September 10, the U.S. Supreme Court blocked the state from using the redrawn map, in an unsigned order with no dissent. But then a federal district judge and, this Monday, the 8th Circuit Court of Appeals went the other way, reviving the Republican map—which has now triggered this third trip to the Supreme Court. Here's the legal knot at the center: this is a collision between state law and federal law. The Missouri Supreme Court's ruling rests on the state constitution's referendum requirement; the federal proceedings involve federal claims about the map. Untangling which sovereign's law controls, and which court has the final say, is exactly the state-versus-federal judicial question the Judiciary Act of 1789 first tried to sort out—and today it's playing out in real time. Meanwhile, the human cost is real: more than a million potential voters are caught in the confusion, and absentee voting is already underway using the old 2022 districts. The significance is twofold—it's another test of mid-decade partisan gerrymandering, and it's a vivid, almost overwhelming example of what happens when state and federal courts point in opposite directions weeks before an election. Whatever the Court does, doing it this late, on the emergency docket, leaves election administrators and voters in an impossible bind.Battle over Missouri's congressional map reaches US Supreme Court for third time | Reuters · SCOTUSblog · CNNA federal judge has dismissed Michigan's climate lawsuit against the oil industry—and the way she did it matters, because Michigan tried a novel legal theory that just ran aground. Most of the climate suits we've seen from states and cities are built on public-nuisance and consumer-protection theories—the claim that fossil-fuel companies deceived the public about climate change. Michigan tried something different and more ambitious: an antitrust theory. Attorney General Dana Nessel accused BP, Chevron, Exxon, Shell, and the American Petroleum Institute of conspiring, over decades, to suppress competition from electric vehicles and renewable energy in order to preserve fossil fuels' dominance. The idea was to reframe climate harm as an antitrust injury—collusion to kill off cleaner competitors. U.S. District Judge Jane Beckering in Grand Rapids rejected it, and her reasoning is a classic antitrust-doctrine problem: proximate cause and antitrust standing. She found that antitrust law simply doesn't protect against most of the injuries Michigan claimed, and that even for the one cognizable category—energy overcharges—”the distance is too great between the alleged conspiracy and Michigan's and its residents' overcharges” to say the conspiracy actually caused them. That's the antitrust-standing doctrine from cases in the lineage of Associated General Contractors: to sue, your injury has to be the kind antitrust law was meant to prevent, and it can't be too remote or speculative a link down a long causal chain. The significance is that this marks a setback for a creative frontier in climate litigation. The public-nuisance suits grind on in various states, but Michigan's attempt to weaponize antitrust law against Big Oil for slow-walking the energy transition has, at least here, been deemed too attenuated a theory to proceed. It's a reminder that even a compelling narrative of corporate misconduct has to fit within the specific, technical boundaries of the legal theory you choose.US judge dismisses Michigan climate lawsuit against oil companies | Reuters · Inside Climate News· US NewsAnd finally, the Musk-versus-OpenAI antitrust brawl has taken a delicious turn: OpenAI is trying to get the case thrown out by using Elon Musk's own SEC filings against him. Recall the posture we covered—Musk's xAI and X Corp sued Apple and OpenAI, claiming Apple's exclusive integration of ChatGPT into the iPhone illegally shut out rivals like Grok. Then, on September 14, Musk's companies quietly dropped Apple from the suit, leaving OpenAI as the lone remaining defendant. Now OpenAI has asked Judge Mark Pittman in Fort Worth for summary judgment—a ruling in its favor on the existing record, before the January trial. And its argument is beautifully simple. OpenAI points to the IPO registration statement that Musk's SpaceX filed with the SEC, and says it is “replete with disclosures diametrically opposed” to xAI's claims of competitive harm—that the rosy, optimistic picture a company is legally required to paint for investors “bears no resemblance to the doomsaying in this litigation.” Here's why this is legally clever, and it goes to the heart of securities law. When you file with the SEC, you are under a legal obligation to be truthful and not to mislead investors—so a company's SEC disclosures are treated as serious, considered admissions. If SpaceX and xAI told investors the AI market is competitive and full of opportunity, they can't easily turn around and tell a court the same market is being unlawfully monopolized to their ruin. It's the litigation version of getting caught saying two contradictory things to two different audiences—and courts do not look kindly on it. The significance is a sharp lesson that echoes my own tax-and-regulation beat: your legally-required disclosures in one forum can come back to bind you in another. You cannot tell Wall Street one story and a federal judge the opposite. Whether it's enough to end the case before trial is up to Judge Pittman, but OpenAI has landed a genuinely elegant punch.OpenAI says SEC disclosures undermine xAI's antitrust lawsuit | Reuters · PYMNTS · Unite.AI This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

In this episode, WOLA's Adam Isacson speaks with Francisco Monaldi, director of the Latin America Energy Program at the Center for Energy Studies at Rice University's Baker Institute for Public Policy. Monaldi, a leading scholar of the politics and economics of energy and resource policy in Latin America, returns to the podcast six months after a previous conversation about Venezuela's oil sector. The focus is the oil agreement that the Trump administration and the government of interim president Delcy Rodríguez announced at the end of August. No text of the agreement has been made public, and, as Monaldi explains, the U.S. and Venezuelan descriptions of it do not match. Monaldi walks through the deal's most unusual features. The counterpart is North American Blue Energy Partners (NABEP), a company incorporated only a few years ago and controlled by businessman Alejandro Betancourt, who previously obtained contracts under the Chávez era. The 17 fields covered by the agreement appear chosen to maximize the headline reserve figure (65 billion barrels) rather than for near-term development potential. Monaldi also examines the mechanism by which the Defense Department's Office of Strategic Capital, statutorily barred from holding equity, would take a "penny warrant" convertible into a 35 percent stake, which raises big questions that Congress has begun to probe. The conversation turns repeatedly to transparency. "Opacity seems to be what is going to rule the way things are done," Mondaldi observes. He contrasts the deal with competitive bidding rounds used in Brazil, Colombia, Mexico, and by Venezuela itself in the 1990s, and notes that Venezuela's new oil law did not repeal Maduro's Anti-Blockade Law, which makes contracts confidential. Oil companies' executives might use this as an argument to try to avoid oversight. He raises the unresolved question of who absorbs the cost of selling oil to the U.S. government at roughly $40 a barrel when market prices are well above that, and the continuing lack of information about the U.S. Treasury account holding Venezuelan oil revenue. The episode closes with the geopolitics: reports that Exxon may take over Russian-held assets, the status of Chinese and Russian stakes, Venezuela's appearance at G20 energy meetings in Houston, restrained opposition reactions including from María Corina Machado, and strongly negative Venezuelan public opinion. "Why is the Venezuelan government... going to be subsidizing the richest country in the world?" Monaldi asks. He repeats the key point, voiced in our earlier conversation, that only a democratic transition can provide would-be investors with the certainty and confidence that robust participation in Venezuela's energy sector would require.

A.M. Edition for Sept. 17. Stock markets are gaining on renewed investor confidence in the Fed being ready and able to tackle higher inflation, despite President Trump's rebuke of yesterday's rate hike. Plus, Congress backs new measures to punish Moscow for its invasion of Ukraine. And Canada's prime minister takes a swipe at Washington, as he welcomes the EU's offer of an “alliance for the future.” Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In the late 1970s, Exxon - yes, the oil company - declared war on IBM. It is strange. But since the start of the decade, the company had been slowly buying technology startups. Including one very iconic chip company. Then in 1978, they declared their intention to merge those startups together and take on Big Blue. Did Exxon succeed? In this video, we look at that time when the most iconic oil company in modern history took on the office equipment business.

In the late 1970s, Exxon - yes, the oil company - declared war on IBM. It is strange. But since the start of the decade, the company had been slowly buying technology startups. Including one very iconic chip company. Then in 1978, they declared their intention to merge those startups together and take on Big Blue. Did Exxon succeed? In this video, we look at that time when the most iconic oil company in modern history took on the office equipment business.

In early 2026, the global oil market experienced a seismic shift. When geopolitical tensions with Iran escalated, crude prices surged—and Texas responded. In this episode, economist Karr Ingham, oil producer Rey Trevino, and energy journalist Stu Turley break down how a single conflict triggered a cascade of market changes: rig counts climbing for the first time in years, jobs returning to the industry, and a historic deal securing 65 billion barrels of Venezuelan oil. But here's the real story: how these moves reshape energy independence, refinery infrastructure, and consumer prices for the next decade.Check out the Texas Alliance of Energy Producers: https://www.texasalliance.orgConnect with Karr on his LinkedIn https://www.linkedin.com/in/karr-ingham-9b62333a/Connect with Rey on his LinkedIn https://www.linkedin.com/in/reytrevinoiii/1. Global Oil Market TransformationThe hosts discuss dramatic shifts in global oil supply and demand, particularly focusing on:China's changing import patterns (buying Russian oil at elevated prices, reduced purchases from Iran and Iraq)The impact of the Iran conflict on crude oil prices and market dynamicsRussia's refinery capacity reduction (down 40%) due to drone strikesGlobal diesel shortage and its economic implications2. Venezuela's Oil Resources & U.S. PolicyA significant focus on the recent U.S. deal securing 65 billion barrels of Venezuelan oil over 25 years:The removal of Maduro and its impact on oil production potentialSecretary Chris Wright's role in facilitating investment opportunities for Chevron, Exxon, and independentsPlans to increase Venezuelan production by 1 million barrels per dayThe strategic importance of liberating these resources for global markets3. Texas Oil & Gas Production TrendsDetailed analysis of Texas's response to market changes:Rig count recovery: from 229 rigs in December to 282 currently (41 rigs added year-over-year)Production increases despite declining rig counts (efficiency and productivity gains)Job creation returning to the industry after losses in 2024-2025The Permian Basin's continued dominance4. Crude Oil Quality & Refinery InfrastructureDiscussion of different crude types and refining capabilities:Light sweet crude (Texas) vs. heavy sour crude (Venezuelan, Canadian)Why the U.S. exports light sweet crude (refineries worldwide are better equipped to process it)Plans for a new refinery in Brownsville to process Texas sweet crude domesticallyThe importance of crude oil trade and energy independence5. U.S. Energy Independence ProgressReduction in crude oil imports from 60-65% twenty years ago to approximately 10% todayThe lifting of the crude oil export ban in 2015 as a critical milestoneCurrent import sources: primarily Canada (20%), minimal imports from the Strait of Hormuz (1.5-2%)California's hypocrisy in importing oil from Russia, Ecuador, and Iran while opposing domestic production6. Tariffs & Trade Policy DebateA nuanced discussion on tariffs and trade:Karr's anti-tariff stance vs. Stu's perspective on managed tariffsThe weaponization of the U.S. dollar through sanctionsCanada's importance as a reliable energy partnerThe need for balanced trade relationships7. Regulatory & Legislative ChallengesTexas Alliance of Energy Producers' ongoing work:Produced water management from increased oil and gas productionAssociated natural gas handling from Permian crude productionOrphan wells regulation and inactive well managementPreparation for the 2027 Texas legislative sessionFederal-level advocacy in Washington D.C.8. Renewable Energy AccountabilityA critical look at wind energy infrastructure:79,000 wind turbines in the U.S., with 40% approaching end-of-life in 3-5 years$89 billion liability for decommissioning and recycling with no funding mechanismContrast with oil and gas industry's established orphan well remediation processesThis episode presents a comprehensive view of how geopolitical events, policy changes, and market dynamics are reshaping the global and U.S. energy landscape, with particular emphasis on Texas's strategic role.At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering: Sponsor Rey Trevino, Pecos Operating https://pecos.energy/At Energy News Beat, we Make Appendices Great Again.Check out the World's Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at: https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

God Empowers the Weak (2) (audio) David Eells, 9/9/26 God wants us to trust Him alone. (Jer.17:5) Thus saith the Lord: Cursed is the man that trusteth in man, and maketh flesh his arm, and whose heart departeth from the Lord. God calls this “departing from the Lord” when you trust in the arm of the flesh. That's departing from the Lord. When you do it the way the world does it, when you don't have any difference, any separation, any sanctification between you and the world, that's departing from the Lord. (Jer.17:6) For he shall be like the heath (or like a tumbleweed) in the desert, and shall not see when good cometh, but shall inhabit the parched places in the wilderness, a salt land and not inhabited. (7) Blessed is the man that trusteth in the Lord, and whose trust the Lord is. (8) For he shall be as a tree planted by the waters, that spreadeth out its roots by the river, and shall not fear when heat cometh, but its leaf shall be green; and shall not be careful in the year of drought, neither shall cease from yielding fruit. Now that sounds like the wilderness that's coming, doesn't it? And he's telling you who will make it through and prosper and be blessed going through it. It's the person who puts his trust in the Lord. But the person who trusts in the “arm of the flesh” is going to be blown away like a tumbleweed. That's why we're preparing to get in the Ark now. There's a flood coming that's going to take a lot of people away and it's not only the fault of the teachers, but the people who listen to them because it's the easy way. There's no death-to-self in it; there's no becoming like a child in it. God is preparing to show you there's a difference between His method and the method of the world. (2Ch.16:11) And, behold, the acts of Asa, first and last, lo, they are written in the book of the kings of Judah and Israel. (12) And in the thirty and ninth year of his reign Asa was diseased in his feet; his disease was exceeding great: yet in his disease he sought not to the Lord, but to the physicians. (13) And Asa slept with his fathers, and died in the one and fortieth year of his reign. (14) And they buried him in his own sepulchres, which he had hewn out for himself in the city of David … What offended God here is that Asa sought his help from the physicians and not from the Lord, meaning that there is a difference.  But Asa's problem was not in just that area. He began to trust in the arm of the flesh in so many things. When Asa ruled over Judah, Judah was at war with the northern 10 tribes. (2Ch.16:1) In the six and thirtieth year of the reign of Asa, Baasha king of Israel went up against Judah, and built Ramah, that he might not suffer any one to go out or come in to Asa king of Judah. (2) Then Asa brought out silver and gold out of the treasures of the house of the Lord and of the king's house, and sent to Ben-Hadad king of Syria, that dwelt at Damascus, saying, (3) [There is] a league between me and thee, as [there was] between my father and thy father: behold, I have sent thee silver and gold; go, break thy league with Baasha king of Israel, that he may depart from me. Judah was bribing the Syrians to break their league with the northern 10 tribes of Israel, so that they could whip them. Well, Asa made a big mistake because he robbed God in order to bribe these people. He looted out of the Lord's treasuries and hired himself some insurance. He took God's money to do this. And you know, we do the same thing a lot of times. If the enemy seems too big, many times we'll take God's money to try to whittle him down a little bit. That's not permitted, and God rebuked Asa for it. In the first place, Asa was bowing down to the god of fear because the enemy was bigger than he was. But throughout history, the enemy was always bigger than God's people when they won, so he shouldn't have bowed down to fear in the first place. In the second place, Asa should not have used God's money. Did you know that all of your money is God's money? It's not our money, so Asa shouldn't have used God's money to buy insurance against his enemy or to strengthen himself against his enemy. But he didn't know God's plan. God had a great plan. (2Ch.16:4) And Ben-Hadad hearkened unto king Asa, and sent the captains of his armies against the cities of Israel (the northern 10 tribes); and they smote Ijon, and Dan, and Abel-maim, and all the store-cities of Naphtali. (5) And it came to pass, that when Baasha heard thereof, that he left off building Ramah, and let his work cease. (6) Then Asa the king took all Judah; and they carried away the stones of Ramah, and the timber thereof, wherewith Baasha had builded; and he built there with Geba and Mizpah. Look! He had success! He bribed the Syrians to break their league with his enemy and it worked. You'd say, “Well, he accomplished what he wanted to do. In a way, he won the war.”  Asa used God's money to do something that worked; he hired insurance and it worked, but God didn't see it that way. (2Ch.16:7) And at that time Hanani the seer came to Asa king of Judah, and said unto him, Because thou hast relied on the king of Syria, and hast not relied on the Lord thy God, therefore is the host of the king of Syria escaped out of thy hand. You see what God was planning? He had planned to give to Judah both Israel and Syria. He was going to let Judah conquer both of them. Instead, Judah got worried, and they bribed Syria to break their pact with Israel, so that they would only have one to conquer. However, God said, “You've made a mistake. I was going to give them both to you. It would have cost you nothing and I was going to give them both to you.” That's the way it is when we run for our insurances and our assurances of the world in our strengthening ourselves. See, God wants to give it all to us. Look. (2Ch.16:7) ... Because thou hast relied on the king of Syria, and hast not relied on the Lord thy God, therefore is the host of the king of Syria escaped out of thy hand. (8) Were not the Ethiopians and the Lubim a huge host, with chariots and horsemen exceeding many? yet, because thou didst rely on the Lord, he delivered them into thy hand. (9) For the eyes of the Lord run to and fro throughout the whole earth, to show himself strong in the behalf of them whose heart is perfect towards him. Herein thou hast done foolishly; for from henceforth thou shalt have wars. Do you understand what God was saying here? He was saying, “Look, if you'd have done it My way, you wouldn't have had to conquer this problem again. This would have been the end of it. But, okay, since you did it your way, you're going to have wars from here on.” So we won't necessarily have to fight if we just do it God's way the first time. God would have given the whole enemy, vastly outnumbered as Judah was, He would have given all of them to Israel, but Judah used money to make themselves strong.  God gives you His help for free, but the alliance that you make with the world using your money is costing you something. When you make yourself strong with the strength of the world with your money, which is really God's money, it is taking from God. Think about that now. It's not your money; it's God's money. You're taking God's money and you're giving it to the devil's kingdom to make yourself strong against an enemy that God would give you anyway and give you for free. An alliance with the world is not God's method, and it wasn't His plan for Asa. That was Asa's problem. Asa had fallen into this trap of putting his trust in the arm of the flesh and it made Asa angry when God rebuked him. (2Ch.16:10) Then Asa was wroth with the seer, and put him in the prison-house; for he was in a rage with him because of this thing…. Many of God's people are doing the same thing with their money when they bow down to the gods of insurance. What are you doing when you buy insurance? Isn't it because you don't believe the Word of God? “Oh, we need insurance,” you say. Oh, really? Think about why we need insurance. Is it not because you trust the security insurance companies provide with their large financial reserves? You're trusting in them in case something happens, as if God isn't on His throne. God knows things are going to happen. He also knows He's going to provide. So what you're doing is robbing God's money and giving it to another god. I've hardly ever seen a greater miracle than when God told me to get rid of my insurance. And, let me tell you, when I called my insurance man and got rid of my house and car insurance, it really shocked him. But I don't think it was maybe a week or two later that I saw one of the biggest miracles I've ever seen, and God proved to me that dropping my worldly insurance was His way for me because He blessed me so abundantly. I had pulled my car into this little old quickie supermarket and gone inside when I heard this big crash. The whole front of the store, all the glass in front of the store, just shook. A car had run up in that parking lot and slammed right into my car, and I had just gotten rid of all of my insurance. It slammed right into my little Datsun station wagon that wasn't but a little tin box anyway. I knew something had happened when I looked out of that store, but when I went outside, I tell you what, I was just totally awed by the power of God. This big old Buick had just wrapped itself around the corner of my Datsun station wagon. I mean hit it right on the plastic tail lens of my Datsun, and it just notched the front of that Buick from top to bottom. The hood, the grille, the bumper- they were all caved in about a foot. The plastic tail lens of my Datsun had caved in that car from top to bottom. It was an old Buick, too – an old heavy car built like a tank; hit my car and it literally wrapped around my car.  When I went outside, the driver had backed up about a foot and was out there looking at it with his eyes just as big as saucers. I said, “Oh, man!” If I hadn't seen that, I'd have never believed it because it just totaled out the whole front of his car. And there wasn't a scratch on my car. While he was standing there looking at it, I took my thumbnail and I scraped the paint off of the plastic tail lens where his hood hit my wrap-around tail lens on the corner of that Datsun station wagon. That was the only mark on my car! No, he couldn't believe it. I couldn't believe it, either. But you see, I didn't have any insurance. I'd put myself in the hands of the Lord. You know, I'd become like a child, in a way, because I put myself in the hands of the Lord.  Now we have to obey the law, but at this time in Louisiana, we didn't have to have any insurance, and I didn't have any insurance. Nobody ever collected off of me, but boy, I collected off some other folks. I don't say that to be bragging; I'm just saying God did miracles for me because of that. In every way that I didn't have insurance, He was my assurance. Well, I wasn't even thinking right when I saw this; I was just awed. I mean, the guy got in his car and took off, and after he left, I thought, “Boy, I missed the best chance in the world of witnessing to somebody,” so I jumped in my car and caught him at the next red light. I got out and I witnessed to him. I told him that was God! I said, “God did that because I didn't have any insurance.” When I said, “It's a miracle,” he said, “It must be.” I remember the first thing he said when I went outside and looked at the car. He said something like, “Boy, they sure must build them better than they used to.” You know that was totally stupid. His car would have cut a path right through the middle of my car, and he wouldn't have been scratched. It would have been the other way around. Those old Buicks were tough, and mine you could dent with your elbow. A Datsun station wagon? You could knock the car tail lens out with your elbow. I'm telling you there's just nothing there.  This was one of those positions I was put in where I was made so weak and the situation I was facing was so strong that it was totally ridiculous. But I'd just gotten rid of all my insurance. When you put yourself in the hands of God, He takes that very seriously. Whatever you do and however it turns out, when you put yourself in the hands of God, you're going to be the blessed one. Another time when I got in a wreck, God didn't protect my vehicle, but I was so glad He didn't. I had a little Toyota truck that I loved. I was going down the interstate on my way to work, and I saw the car in front of me slowing down. The whole line of traffic was slowing down because somebody was stopped in the middle of a bridge, and I was slowing down, but the fourth guy back was looking off down the river instead of looking at the bridge, and he just scooped us all up. Bang! Bang! Bang! It was just one right after another. Well, the guy in front of me was hurt really badly. He had slammed into the steering wheel, and it jammed up in his chest, and he had lung blood just gushing out of his face. I've shot enough deer to know that it was lung blood. It was bright red because it has a lot of oxygen in it.  So I got up in his cab, and I pulled him out, and I laid him down on the concrete there beside his truck, with his head on the curb like it was a pillow. And the lung blood literally piled up from the road up to his face. That's how it was coming out of him. It came out jelly-like. I'm just telling you what a miracle God did. I knelt down there right beside him, and I prayed for him, and I commanded him to be healed in the name of Jesus. There were people all around me just looking at me doing that. Then the medics came and put him in the ambulance. I immediately left there and went home to call the hospital, and they told me there was nothing wrong with that man. The nurse said, “We turned him loose. He went home.” I said, “Lady, if you'd seen the pile of blood out there on the concrete, you'd know there was something wrong with him.” She said, “Well, I don't know, maybe he had a scratch in his nose or something, but there was nothing wrong with him we could see. We turned him loose and he went home.” Praise the Lord! Now, even though my truck was totaled out and at that time I didn't have any insurance, I got my truck fixed, and I still had $1500 in my pocket. It was a real blessing. I wouldn't have missed it for anything. Not only that, what really tickled me the most was this: While I was standing there beside the highway with that man's blood on my arms from picking him out of the cab, somebody from work also came by. It was a Christian guy and he knew I'd preached walking and speaking faith. He saw me standing there with that blood on my arms and said to me, “You'd better go to the hospital.” I kept saying, “There's nothing wrong with me,” but he thought I was speaking faith. He insisted, “You better go to the hospital!” I told him again, “There's really nothing wrong with me,” so he drove off, and he went and told my boss. When I got to work, he and my boss and a bunch of people were standing around waiting for me. They were giving me the once-over with their eyes. They were looking me up one side and down the other, and I told them, “Look, I told him there was nothing wrong with me. It wasn't me. It's the other guy who got hurt. There's nothing wrong with me.” It was really hard to convince them. They thought I was just speaking faith. Well, anyway, that time God fixed my truck. The next time, of course, we didn't have any insurance either and God bought my house with their insurance money. He plundered Egypt right on down and bought my house and car with their insurance money. You know, even in our ignorance, sometimes God blesses us, right? Sure, there is a worldly method that can bring success. Didn't Asa get success by bribing Assyrians to break their pact? But God didn't agree with his method. Asa's method worked. He conquered his enemy and, in fact, it broke the war off totally. But even though it was successful, Asa used God's money to do it. He used God's money to buy insurance. God didn't agree with it. This is not to condemn anybody. This is just so that we know for the future what God can do. God doesn't appreciate insurance because it's a false god. It's something that we're counting on for our salvation in the future. And here's something we really ought to think about: Suppose things come on us because we have insurance. I'll give you a good example that just stuck with me so well, which the Lord showed me. When I worked at Exxon, I was working with this guy on pumps in the field; his name was Melvin. One day we were working on this old slurry pump. It's an old crude pump. Crude is real bad about staining. It's almost like paint. If it gets on you, it will stain you almost permanently. And so I was working with him on this old pump, and the gauge on the top of the pump showed that it was empty, no pressure. The bleeders were open to make sure that there wasn't pressure, that when we broke into it, we wouldn't come into pressure. The bleeder was plugged and the gauge was broken, so when we were breaking into this thing, we were breaking into a pump that had pressure on it, and it was pressurized crude oil.  So, he and I were working on the head of this pump and we'd taken all the bolts out, but the gasket was holding the head stuck onto the thing. I tapped on it a little bit, but it wouldn't break loose, and Melvin was standing right there beside it. I walked away from the pump to get a bigger hammer so I could rear back and hit that plate and it would break the gasket surface. The minute I walked away, the thing popped off and blew crude all over him. Just all over him. Now I'd been talking to Melvin about the Lord a lot. In fact, he'd been converted to the Lord by my testimony to him. But he said, “You planned that, didn't you?” It was like I just walked away and all of a sudden BOOM! and it was crude oil all over him. He was black from top to bottom, clothes and everything. And he said, “Well, don't worry about it; I have a change of clothes in my locker.” I said, “Oh, that's the reason you got it and I didn't get it. I don't have a change of clothes.” So God knew I couldn't afford to get that way because I didn't have a change of clothes. You get the point? Melvin prepared for a disaster and he got one. He had full faith that he was going to have one, and he got what he believed for. See, we don't realize that God is sovereign. If we prepare or we insure for disaster, He can bring one. Sometimes we think, “Oh, thank God I prepared!” But actually, we could have brought on the disaster in the first place. Melvin and I left this pump, and after he had changed his clothes and everything, we went to another pump. This is a very rare thing. Well, believe it or not, this other one was the same kind of pump, and almost the same thing happened. And I was standing right beside him this time, right beside him when the flange broke open. It was amazing to me how two things in a row could happen like this. The flange broke open and it squirted out of one place from that thing and drowned him from top to bottom with crude oil. But just before this happened, Melvin said, “You're never gonna get me like that again.” I said, “Melvin, you better watch those positive statements. God is listening.” We left right there and went over to work on this other pump. Sure enough, we had checked that one even with a rod, but evidently it was plugged up somewhere else- the bleeder with a rod and everything- and the plate just backed up just a little bit. It squirted a stream and hit Melvin and squirted him from top to bottom with crude oil. I said, “I told you about those positive statements, Melvin.” This was the second time. It was a good thing he was a good-natured guy, and he really was, but he got it twice in a row. Well, I'm sure he learned something from that because it was impossible for something like that to happen twice. It was just impossible for us to be working on the same kind of equipment because we worked on everything from turbines to motors to pumps to drivers, and here we were working on a reciprocating pump. There weren't even that many of them out there, and we worked on one right after another, and he got it on both.  God takes offense when you insure yourself, and when you do, He causes you to lose the battle. In the last case we looked at, it seemed like they made the right decision because what Asa did worked. The only thing is, he robbed God by trusting in a false god. God even gave Asa temporary victory in it, but then the prophet came and prophesied to him that he wasn't going to get out of wars because of that. In other words, he didn't do it right that time, so another war was coming. We have to understand that if we don't do it God's way, we haven't gotten out of anything. Another trial just like it is right around the corner because these trials are put there for us to be overcomers and to overcome something in us that's wrong. And trusting in the world is wrong. It's offensive to God. (2Ch.20:35) And after this did Jehoshaphat the king of Judah join himself with Ahaziah the king of Israel; the same did very wickedly: (36) and he joined himself with him to make ships to go to Tarshish; and they made the ships in Ezion-geber. (37) Then Eliezer the son of Dodavahu of Mareshah prophesied against Jehoshaphat, saying, Because thou hast joined thyself with Ahaziah, the Lord hath destroyed thy works. And the ships were broken so that they were not able to go to Tarshish. (21:1) And Jehoshaphat slept with his fathers, and was buried with his fathers in the city of David…. So we see that Jehoshaphat lost his life because of his insurance, and Asa lost his life because of his insurance. They trusted in something other than the Lord. You know, our help does not come from anything that we can do or anything that we can eat. (Exo.15:26) … I will put none of the diseases upon thee, which I have put upon the Egyptians: for I am the Lord that healeth thee. Help comes from God. Divine help comes from God. It doesn't come from anything we can eat. In fact, whatever you eat, God says it's good and to be received with thanksgiving, if it is sanctified through the Word of God and prayer (1 Timothy 4:4,5). See, God sanctifies your food. He makes it what you need. Whatever you eat, God will make it what you need, if you sanctify it through the Word of God in faith. As a matter of fact, I want to show you something. See, there are all kinds of insurance. We think, “Well, we're not getting enough vitamins.” That's not what the Bible says.  Now we're not putting anybody under laws about vitamins; this is just an example. (1Ti.4:1) But the Spirit saith expressly, that in later times some shall fall away from the faith, giving heed to seducing spirits and doctrines of demons, (2) through the hypocrisy of men that speak lies, branded in their own conscience as with a hot iron; (3) forbidding to marry, [and commanding] to abstain from meats…. Why do they command to abstain from meats? Because they say they're unclean. They say they're not healthy. Why does the world say that pork, for instance, is not healthy? Because they have statistics to prove that pork is not healthy. But who is that talking about? It's talking about the world. We are not the world. The statistics that work for them don't work for us. Paul says this is a doctrine of demons to us. Now, they have the statistics to prove that for the lost world, pork is not a healthy meat, but that's not us. Read what it says to Christians. We are the ones who are delivered from the curse. They are not delivered from the curse. We are delivered, so he calls it a doctrine of demons “to abstain from meats, which God created to be received with thanksgiving by them that believe and know the truth” (1Ti.4:3). See, if you know the truth, you can eat those meats because you're free from the curse, if you know the truth. If you really believe what he's saying, you can do this; it will have no bad effect upon you. He said they are “created to be received with thanksgiving.” God created them for that purpose for those who love the truth and know the truth. Only those people won't be hurt. These doctrines of demon teachers are going to tell you they're not all good; some of them you better stay away from, and they take that from Old Testament doctrine about unclean meats. But what did those unclean meats signify? Remember that Peter saw the unclean animals coming down out of Heaven on a sheet (Acts 10:11,12) and God said, “rise, Peter; kill and eat (Act.10:13). (14) But Peter said, Not so, Lord; for I have never eaten anything that is common and unclean. (15) And a voice [came] unto him again the second time, What God hath cleansed, make not thou common.” And God did this to Peter three times (Acts 10:16) to make sure he got the point. The sheet came down out of Heaven. God said, “What I make clean, don't you make unclean.” Then three men showed up at his door, inviting him to come and preach the Gospel to the Gentiles (Acts 10:19). And when Peter went before the Gentiles, he said he perceived that they were acceptable to God (Acts 10:28) because of the revelation he had just received about the unclean animals. You see, men are beasts. Gentiles represent unclean animals in the Scriptures.  We're not to partake of unclean animals. If you listen to unclean people, to Gentiles, pagans, their thinking gets into you and, in a way, you're eating what they're saying. Jesus said you're supposed to eat of His Body (John 6:51). His Body is clean. His Body represents the Word, right? He was the Word made flesh. If you eat His body, it goes into you and becomes you. It becomes a part of you. If you do that with an unclean person, you partake of their thinking, their word; it goes into you, and it still becomes a part of you. So God said not to partake of these unclean people, whom the unclean animals represented. That's the revelation that God gave to Peter.  (1Ti.4:4) For every creature of God is good, and nothing is to be rejected…. Nothing. Because He said it's good. If God said it's good, it's good: “What I make clean don't you make unclean.” Remember what God said to Peter. “If I say it's clean, it's clean.” In fact, when the disciples were talking about eating only certain things, Jesus said, “not that which entereth into the mouth defileth the man; but that which proceedeth out of the mouth, this defileth the man (Mat.15:11). (18) But the things which proceed out of the mouth come forth out of the heart; and they defile the man. (19) For out of the heart come forth evil thoughts, murders, adulteries, fornications, thefts, false witness, railings: (20) these are the things which defile the man; but to eat with unwashen hands defileth not the man.” Out of his thinking are unclean thoughts. These defile man. It's not what he eats or his unwashed hands. It's what comes out of your mouth, what comes out of your thinking, that defiles you. Worry about that. Don't worry about eating pork is what He's saying here. (1Ti.4:4) For every creature of God is good, and nothing is to be rejected, if it be received with thanksgiving: (5) for it is sanctified through the word of God and prayer. It is to be received with thanksgiving, for it is sanctified through the Word of God and prayer. “Sanctified” means “set apart unto God.” Can the world do that? No, they're under the curse. They can't do that. Jesus told the disciples, And into whatsoever city ye enter, and they receive you, eat such things as are set before you (Luk.10:8). (Eat what is put before you.) (3) Go your ways; behold, I send you forth as lambs in the midst of wolves. (7) And in that same house remain, eating and drinking such things as they give: for the laborer is worthy of his hire. Go not from house to house. (8) And into whatsoever city ye enter, and they receive you, eat such things as are set before you.  (1Ti.4:6) If thou put the brethren in mind of these things, thou shalt be a good minister of Christ Jesus, nourished in the words of the faith, and of the good doctrine which thou hast followed [until now:] (7) but refuse profane and old wives' fables…. And that's what these rules of men are. “Don't do this, don't do that; take this and take this,” and all that other garbage. That's not God's plan. That's just like the insurance. That is going after other gods. That's putting your trust in other things. You don't need that. Where does our health come from? It comes from the fact that Jesus became cursed for us so that we could be blessed (Galatians 3:13,14). He bore the whole curse. If I'm blessed and He took all of my curse, then I have to be healthy. I have to be delivered. That's where my faith should be. I am healthy. I don't have to go looking for health by listening to a bunch of quacks who think this drug or this herb or this vitamin is going to heal or keep me. No, that's just crazy, and it's just not Biblical. Our health comes from what Jesus did on the cross. It's something that you accept because of what happened; it's past tense. But people don't believe that's enough, so they think, “I have to do something else to get health. The cross is not enough. Jesus is not a good enough provider, so I'd better get insurance.” Stop and think about these things we're doing. We are trusting in false gods. It is offensive to God. Insurance is common sense to the world, but look at how many times the insurance is the very thing that caused God to bring the curse. And everybody says, “Oh, praise God! Thank God I had that insurance!” No. The curse came because you have insurance. Read here carefully and see if you get the point Jesus is making. (Mat.16:5) And the disciples came to the other side and forgot to take bread. (They didn't provide for themselves.) (6) And Jesus said unto them, Take heed and beware of the leaven of the Pharisees and the Sadducees. (7) And they reasoned among themselves, saying, We took no bread. (8) And Jesus perceiving it said, O ye of little faith, why reason ye among yourselves, because ye have no bread? (9) Do ye not yet perceive, neither remember the five loaves of the five thousand, and how many baskets ye took up? (10) Neither the seven loaves of the four thousand, and how many baskets ye took up? Do a little arithmetic in your mind here to figure this thing out.  (11) How is it that ye do not perceive that I spake not to you concerning bread? But beware of the leaven of the Pharisees and the Sadducees? (12) Then understood they that he bade them not beware of the leaven of bread, but of the teaching of the Pharisees and the Sadducees. See, before we look at this carefully, what was the teaching of the Pharisees and the Sadducees? Their teaching was the Law, salvation by works. In everything, salvation was by works to the people under the Law. Now, the disciples thought, “Well, we don't have provision, we didn't bring bread. We should have stored up some bread and brought it with us.” That was what they were thinking, but Jesus wasn't talking about that.  He said, “Don't you remember the five loaves of the 5000 and how many baskets you took up?” And that was 12. Remember, there were 5000 people to feed. They had five loaves to feed them, and after the miracle, they took up 12 baskets of leftovers. That's a miracle, right? Jesus wants you to compare these two miracles. In the next miracle, He says, “the seven loaves of the 4000.” There were fewer people to feed and they started with more to feed them. They had seven loaves and the baskets they took up were only seven.  In other words, when they put in more, God put in less, and there was less left over. Jesus is saying to the disciples, “Look at these two miracles carefully. Don't you remember? When you didn't put in, God made a bigger miracle. When you put in, God made a lesser miracle and there was less left over. Understand the leaven of the Pharisees and Sadducees. They think it's by their own strength.” And that's how the Law worked, by the way. God just gave them the Law and said, “Okay, you keep it or else.” The strength of the Law was the individual's own strength. But what Jesus was saying is, “Don't worry because you didn't bring bread. God's still here. This is not a problem. Don't you understand? Don't you remember what happened?” Look, when you put in less, God puts in more. The less that you have to put in, the more God puts in to show you that it was Him. But the more you put in, the less God puts in. It's that way in everything. The more of self that goes into something, the less of God is going to be there. We must decrease so that He may increase. Remember John the Baptist? (Joh.3:30) He must increase, but I must decrease. That's the truth. That's for all of us. The more we decrease, the more God will increase. Remember, God wants salvation to be by grace – unmerited and unearned, not of your wisdom. (Ephesians 2:8). God is not dealing with us the way He deals with the world. Don't look at the world and think that's the way God wants to deal with you. The world is totally different. He wants all of our salvation, deliverance, prosperity and blessing to come by grace. It has to come freely and trusting in the promise of God. He's called us out of this world (1 Peter 2:9) and He's dealing differently with us. When this life is over, we're going to see how great God is and how little we are. This is the whole point. (Rom.4:4) Now, to him that worketh, the reward is not reckoned as of grace, but as of debt. See, if you could earn it, God would owe it, but God will not permit that. Think about it again now. “To him that worketh, the reward is not reckoned as of grace, but as of debt.” That's your works, right? This salvation would not be by grace. You'd be making your way to Heaven and God would owe it to you. Think that's ever going to be possible? It's not possible. He's sovereign and He's not going to permit it.  Even where God permits the world's works to save them, He won't permit your works to save you. (Rom.4:5) But to him that worketh not, but believeth on him that justifieth the ungodly, his faith is reckoned for righteousness. You see, God calls a person righteous because they walk by faith. (Rom.4:17) (As it is written, A father of many nations have I made thee) before him whom he believed, [even] God, who giveth life to the dead, and calleth the things that are not, as though they were. (18) Who in hope believed against hope, to the end that he might become a father of many nations…. See, it looked hopeless. God made a promise and then He waited 40 more years until Abraham and Sarah were ancient, when it couldn't possibly come to pass. God waited because, if He had done it right there, everybody would have said, “Oh, it's possible; maybe Abraham did that.” No. God waited until Abraham couldn't do that, and then God brought it to pass to prove it was Him. He wanted all the credit. In our circumstances, it may also become increasingly impossible. Don't lose faith, because the more impossible it gets, the more possible it is for God. Why? Because when you're in the position of weakness, that's what God likes. It's where He wants you to be. It's where He gets all the credit for the miracle, and He looks greater in the eyes of the world when these great things happen. (Rom.4:18) Who in hope believed against hope, to the end that he might become a father of many nations, according to that which had been spoken, So shall thy seed be. (19) And without being weakened in faith he considered his own body now as good as dead (he being about a hundred years old), and the deadness of Sarah's womb; (20) yet, looking unto the promise of God, he wavered not through unbelief, but waxed strong through faith, giving glory to God, (21) and being fully assured that what he had promised, he was able also to perform. Now, there was one time when Abraham and Sarah decided to have a little insurance (Genesis 16) and God permitted them to do that, but ultimately, it brought a great curse upon his seed. God's plan and what He is doing is so wonderful. You should have more courage and more faith when things get impossible, because every time in the Bible, that's where they were when the miracle came. Be encouraged when you see the odds against you, as the world calls it, because that's when they're in your favor. 

We're back after our first-ever summer break! This week: should cyclical stocks have a place in a dividend growth portfolio built for financial independence? We use BHP, Rio Tinto, and ExxonMobil as real examples of the trade-offs.Also covered: a Guinness heist making headlines, the Netherlands moving its gold reserves home, fresh dividend hikes from Altria, NN Group, and Wolters Kluwer, plus listener questions on Nike, LVMH, Swiss stocks, Clorox, and Philips.

Septiembre arranca con un mensaje claro: las decisiones económicas de México empiezan a estar cada vez más conectadas entre sí. En este episodio analizamos el Segundo Informe de Claudia Sheinbaum, el freno en la recaudación fiscal y la presión de la UAW para cambiar las reglas del T-MEC. También revisamos el acuerdo laboral de Volkswagen en Puebla, la apuesta de Anthropic por 35 mil millones de dólares en capacidad de cómputo, la demanda de la FTC contra Amazon y el posible regreso de Exxon a Venezuela. En deportes, Lionel Messi cierra su etapa con la selección argentina.Este episodio es presentado por STRTGY, creador del Centro de Decisiones que convierte datos de ventas, inventarios, compras, clientes, costos y operación en recomendaciones concretas para actuar mejor. Más información: arturo@strtgy.ai o al WhatsApp: +52 81 3232 2698Recibe gratis nuestro newsletter con las noticias más importantes del día.Si te interesa una mención en El Brieff, escríbenos a arturo@strtgy.ai Hosted on Acast. See acast.com/privacy for more information.

GUnitedHealth shareholders sue company over ‘corporate governance failures on a historic scale' UBS fined record $125 million for money laundering violations$125 million civil penalty to the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering law.FinCEN said the fine is the largest ever assessed against a broker-dealer for BSA violations.The settlement marks FinCEN's second enforcement action against UBS Financial Services, a subsidiary of the Swiss bank UBS. The firm had previously paid a $14.5 million penalty in December 2018 for similar failures, including inadequate monitoring of foreign currency wire transfers.Despite assurances to regulators that it would fix the underlying problems, the firm subsequently failed to monitor more than 50,000 foreign currency wires with a combined value exceeding $10 billion.SEC launches new enforcement unit aimed at accounting fraudHow??The unit will be housed within the SEC's Division of Enforcement and staffed by both attorneys and accountants with specialized skills related to financial reporting, accounting, and auditing in securities regulation, according to the announcement.The announcement is “a little surprising” given the SEC's current deregulatory focus under Chair Paul Atkins, Rebecca Fike, a partner in Reed Smith's regulatory and enforcement group, told CFO Dive.Andreessen Horowitz Focus of DOJ Probe Over Board DirectorsBIG DATA and AI BS‍ ‍Gwyneth Paltrow is rumored to be throwing a party for AI mogul Sam Altman. People don't love the opticsPaltrow played WeWork Rebekah NeumannAnthropic is embedding invisible watermarks in Claude text and images Young People Hate AI CEOs So Passionately That It's Almost Hard to BelieveCNBC survey asked over 1,000 US adults aged between 18 and 34Asked “who do you trust to act responsibly on AI?” the vast majority of participants said they “don't trust” any of the nine figures.Palantir's extremely controversial CEO Alex Karp scored the lowest, with 81 percent choosing “don't trust,” while Microsoft CEO Satya Nadella fared the best — albeit with a pitiful 35 percent “trust” score.Everyone else fell in between: 79 percent of respondents said they don't trust Peter Thiel, while a whopping 71, 70, and 69 percent said they “don't trust” Mark Zuckerberg, Elon Musk, and Sam Altman, respectivelyMeta, others lose appeal to drop thousands of social media addiction lawsuitsA U.S. Appeals Court [Judge Jacqueline Nguyen] said that thousands of lawsuits targeting Meta Platforms, ByteDance's TikTok and other social media outlets over claims that social media is harmful and addictive can proceed.The court also denied Meta's request to postpone a trial over allegations that they used data from children to keep them on its platforms.AI data center outrage is showing up everywhere from ads to electionsSpirit Flight Attendants Fight Google's Data Bid for AIThe flight attendants want assurance that their confidential information will be removed from the sale of the defunct airline's digital recordsCULTURE WARSThe 'MAGA Alternative to Amazon' Is Fighting for Survival After Nearly $160M in Losses and 99% Stock CrashPublicSquare's marketplace has struggled to grow despite political backing, prompting a costly shift to financial servicesDisney is suing the FCC in a departure from former CEO Bob Iger's strategy US firms that kept DEI policies despite ‘go woke, go broke' threats thrived Ellison Is Now Willing to Sell CNN to Save His $111 Billion DealE Solar Panels on Storage Units: Illinois Is Going All In on This No-Brainer First test flight of largest all-electric aircraft used just $5 of electricity Trump ordered to release billions in climate grants meant for Black communitiesa $2.8 billion program meant to help mitigate the harm from climate change and environmental issues in Black, low-income, and disadvantaged communities.Trump tried to curb clean energy. It's booming anywayClean energy additions will rise by a record 45 gigawatts this year, according to S&P Global Energy—equivalent to the average electricity demand of Turkey. The increase is roughly 25 percent higher than the record set in 2024.It Just Got Way Easier to Sue Fossil Fuel Companies Over Climate ChangeClimate attribution scienceA new peer-reviewed study published earlier this month in Earth's Future suggests that it is possible to demonstrate that “emissions from company X cause injury Y.”It also could potentially provide evidence so industry could be forced to answer for climate impacts.The new methodological framework has, for the first time, drawn a straight line from single corporate emitters like Exxon or Chevron, or even whole countries like the United States, to specific heatwaves and areas of extreme rainfall.By running over 150 simulations across 8 different climate models, the study's author, Christopher Callahan—an Earth systems scientist and assistant professor at Indiana University's O'Neill School of Public and Environmental Affairs—built a statistical model to figure out the relationship between the amount of carbon dioxide in the atmosphere and the odds of extreme heat or rain. He then used real emissions data to calculate the extent to which specific fossil fuel emitters increased the risk of extreme weather.SPEED ROUND‍ ‍DuckDuckGo Is Selling Anti Pervert Glasses That Contain Zero AI, Cameras, or Even Electronics Whatsoever Jason Kelce Wants Fans to 'Pee on Computers' to Protest AI Water Use: 'We Want Your Pee' Cards Against Humanity Unveils 'Sad Little Bitch' Elon Musk Monument Near Texas StarbaseFrance bans unsolicited telemarketing calls--$87,000 fine per call I'm the CEO of Siemens. I reply to most emails with 2-letter responses and don't have recurring meetingsScientists Genetically Engineer High-Protein LettuceGen Z is bringing pen and paper back to the workplaceArianna Huffington says even high-flying CEOs are unhappy and feel stuck in their multimillion-dollar jobs: ‘It's a trap'Bank of America is splashing out $250 million a year on weight loss drugs for its staff: ‘We see a great impact on employees,' CEO says‘We see a great impact on employees,' CEO saysExcuse me? Body shamer.

Seit Beginn des Irankrieges steigt der Ölpreis. Davon profitieren Öl-Firmen: Der S&P Global Oil Index ist innerhalb eines Jahres um 39 Prozent gestiegen. Konzerne, wie Exxon und Shell verzeichnen Rekordgewinne. Als Folge fordern politische Stimmen eine Steuer auf Übergewinne. SMI: +0.5%

¿Por qué Pemex no genera ganancias incluso con el petróleo caro?Analizamos la paradoja de la petrolera más endeudada del mundo y su crisis de rentabilidad frente a gigantes como Exxon. En este episodio de "Cuéntame de Economía", expertos desmenuzan si el problema de Petróleos Mexicanos es su modelo de negocio, las decisiones de política pública o una falla estructural en la refinación que destruye valor en cada barril, con Alberto Verdusco, editor general en Expansión, Oscar Ocampo, Director de Desarrollo Económico del Instituto Mexicano para la Competitividad, y Gonzalo Monroy, especialista en energía y socio director de la consultora GMEC. La situación financiera de Pemex se encuentra en una encrucijada crítica. Mientras las principales operadoras internacionales reportan utilidades históricas, la paraestatal mexicana enfrenta un déficit operativo alarmante debido a la apuesta por la soberanía energética y el sistema nacional de refinación. Con una deuda que ronda los 1.9 billones de pesos y una producción estancada, exploramos si el "Plan de Rescate" es suficiente o si el estado financiero de la empresa productiva del Estado requiere una cirugía mayor antes de 2027 para evitar la insolvencia técnica. 00:00 La paradoja de Pemex: Ventas récord vs. Pérdidas 01:30 ¿Se está recuperando la empresa? Datos de deuda y sostenibilidad 05:10 Pemex vs. Exxon, Shell y Chevron: La comparativa global 08:30 ¿Quién manda realmente en Pemex? Burocracia y decisiones 10:15 El impacto de las bajas calificaciones crediticias 12:45 ¿Qué es el Crack Spread y por qué Pemex pierde en refinación? 14:50 Combustóleo: El producto que nadie quiere en una agenda verde 18:15 El futuro de la producción: Aguas profundas y Fracking 21:00 Soluciones urgentes: ¿Sociedades mixtas o una nueva empresa estatal? 23:40 Pronóstico 2030: ¿Éxito o fracaso del modelo actual?

Welcome to the Energy Newsbeat, where host Stu Turley breaks down the ten most critical energy stories shaping global markets and infrastructure. In this episode, we explore a landscape marked by unprecedented challenges and opportunities: from the alarming vulnerability of the U.S. power grid to coordinated cyberattacks, to Iraq's aggressive push to double oil production and reshape Middle Eastern energy politics. As geopolitical tensions escalate—with Ukraine striking Russian refineries and the U.S. tightening sanctions on Iran—the global energy market faces historic supply constraints, record-high refining margins, and tanker costs that are reshaping fuel prices worldwide. Meanwhile, the explosive growth of AI data centers is creating a power demand crisis that threatens to overwhelm manufacturing capacity for years to come. This episode examines how these interconnected forces—from grid security and sanctions effectiveness to renewable energy policy and oil market dynamics—are fundamentally transforming the energy landscape and what it means for consumers, investors, and national security.1. U.S. Grid Vulnerability & Blackout RiskThe host discusses the critical vulnerability of the U.S. power grid to coordinated attacks on substations. Former FERC chairman John Wellinghoff warned that targeting just nine key substations could cause an 18-month nationwide blackout, potentially affecting millions. The episode emphasizes the importance of backup power systems and preparedness.2. Iraq's Oil Production Expansion & OPEC DynamicsIraq is aggressively pursuing plans to double its oil production capacity to 8-10 million barrels per day, with major oil companies (Chevron, Exxon, BP) securing new contracts. The discussion explores whether OPEC will allow this expansion and how Iraq is building export routes through Turkey to bypass the Strait of Hormuz.3. Sanctions on Iran & Their EffectivenessThe episode covers U.S. Treasury Secretary Bessen's sanctions strategy against Iran, examining whether sanctions are effectively constraining Iran's oil exports. Evidence shows Iran's exports have collapsed from 1.8-2.1 million barrels per day to near zero, though Iran is finding workarounds using land-based truck transport.4. Drone Threats to Oil InfrastructureThe UAE has installed massive metal cage structures over oil storage tanks in Abu Dhabi for anti-drone protection—a response to increasing drone strikes on energy infrastructure in the Ukraine-Russia conflict. This reflects how modern warfare is changing energy security.5. Ukraine's Strikes on Russian RefineriesUkraine has successfully struck major Russian refineries, including the Lukoil refinery in Perm, degrading Russia's refining capacity and military fuel supply. This has significant global oil market implications.6. Diesel Supply Shortages & Crack SpreadsHedge funds are reducing bearish bets on European diesel, signaling expected fuel supply shortages. U.S. crack spreads (the profit margin for refining) have hit record highs at $102 per barrel, driven by tight inventories and high tanker costs—not refinery gouging.7. AI Data Center Power Demand CrisisGE Vernova's gas turbine backlog has hit 116 gigawatts with delivery delays until 2031. The episode explores how AI data centers' massive power appetite is creating a manufacturing bottleneck, forcing companies to "bring your own power" (BYOP) solutions.8. Floating Offshore Wind Farms in BritainThe UK is moving to expensive floating offshore wind farms with 200 new turbines and 300-400 kilometers of cables. The host argues this approach will increase energy costs and require natural gas backup, contradicting net-zero goals.9. Winter Gasoline Waiver & Ethanol PolicyThe Trump administration issued an emergency waiver allowing early transition to winter-grade gasoline to help curb prices. The host advocates for eliminating ethanol mandates, arguing it wastes energy and increases consumer costs.10. Venezuela Oil Rig RestartSchlumberger (SLB) is preparing to restart 15 idle oil rigs in Venezuela to ease drilling bottlenecks, though Venezuela faces energy constraints that complicate operations.Overarching Theme: The podcast emphasizes that global energy markets are tight, oil and gas remain essential long-term, and geopolitical factors (sanctions, conflicts, infrastructure attacks) are reshaping energy supply chains and prices.1.What if 9 Substations were Targeted on the US Grid? Would Jon Wellinghoff's Prediction of an 18-Month US Grid Blackout Happen?2.Will Iraq leave OPEC, or will OPEC allow Iraq to double exports within six years?3.Will Choking Iran's Economy End the War, or Are They Too Resilient?4.UAE Cageing Up Their Oil Storage for Anti-Drone Protection5.Ukraine Hits Lukoil Refinery. How Degraded is the Russian Refinery Capacity?6.Hedge Funds Cut Bearish Bets on European Diesel to Two-Year Low7.GE Vernova's Gas Turbine Backlog Hits 116 GW. What Does This Mean for the AI Market?8.Britain Doubles Down on Wind by Moving to Floating Wind Farms for More Expensive Energy9.US Allows Early Sales of Winter Gasoline to Help Curb Prices10.SLB Prepares to Restart 15 Oil Rigs in VenezuelaA shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/

What happens when a finance guy who's never heard of lithium takes a job in a small North Carolina town because it's near where his favorite author lived?Joe Lowry is the founder of Global Lithium LLC, host of the Global Lithium Podcast (239 episodes and counting), and author of the new memoir Lithium Confidential: Confessions of a Corporate Misfit. He spent 35 years in the industry — including years in Japan and China — and for a stretch in the 1990s he personally controlled essentially all of the lithium supply going into the world's first commercial lithium-ion batteries.This is a longer, less traditional episode for us, and it's worth every minute. Joe walks through the entire lithium cycle from rock to cathode, explains why the industry started as a hydrogen bomb program, and gives an unusually blunt read on where the industry is headed — including his line that there's no Smackover lithium without direct lithium extraction, and why he thinks the first real success there lands around 2029.There's also plenty here for students and early-career geologists: Joe's argument that you should learn the industry, not just deploy your geology skills, and his advice on what actually makes a career durable.Some things we get into:Why lithium was in Post-it Notes, blue jeans, and grease long before batteriesThe full flow sheet: spodumene → calcine → lithium sulfate → carbonate → hydroxide, and why the "midstream" means cathode, not chemicalsHard rock vs. Atacama brine vs. sedimentary (Thacker Pass) vs. Smackover oilfield brineWhy grade matters: 600 ppm Smackover vs. sub-100 ppm produced water (sorry, Marcellus)How the market went from 300,000 tonnes LCE in 2020 to nearly 2 million todayThe 2022 spike to $80,000/t and what happened afterWhy Joe called BS on the high-nickel/hydroxide narrative and was right about LFPSodium-ion: real use cases, or a CATL press release every time lithium ticks up?What "crappy brine" means, and the fraud problem in African spodumeneCommodity or specialty chemical? Why fungibility is the whole argumentGetting fired as the best thing that ever happened to himTimestamps00:00 – Intro01:30 – Welcome, and the strange experience of being recognized by voice03:10 – How Joe got into lithium: oil, corporate raiders, a gold mine, and a small town near Asheville06:00 – Lithium before batteries: glass, grease, and the dye in Post-it Notes08:30 – Japan, China, and being the only person who thought batteries would matter12:30 – What the "midstream" actually is, and why battery plants without cathode plants don't solve anything13:30 – The hydrogen bomb origin story: DOE, Lithium Corp of America, Foote Mineral14:20 – Hard rock processing, start to finish15:45 – Enter brine: Silver Peak, then the Atacama17:20 – Sodium sulfate, the glass industry, and putting the blue in blue jeans18:50 – SQM arrives and the price goes from $2/lb to 68 cents21:20 – Greenbushes: a tantalum mine that happened to have lithium23:00 – China's assets, lepidolite, and how CATL became a third of the market25:20 – 300,000 tonnes to 2 million: "what's grown that fast that's not software?"26:40 – Thacker Pass: wrong flow sheet, right rock, and a $2.3B DOE loan29:40 – "Soft rock," the McDermitt caldera, and Tom Benson30:20 – The Smackover, bromine wells, and why you can't build ponds in Arkansas31:30 – DLE: what counts, what's actually working, and what's still a declared victory33:15 – What makes a brine "crappy"33:40 – Grades, produced water, and why Pennsylvania shouldn't get too excited34:20 – Arkansas is all-in; Exxon is slow-walking it37:50 – Garbage spodumene, African supply, and lithium that showed up in China with no lithium in it38:50 – The four-minute mile: why 2029 is the year to watch40:40 – Recycling and the circular economy reality check42:50 – Is it still the lithium decade?43:20 – China controls processing — and depends on everyone else for supply44:40 – LFP vs. NMC/NCA, and the call Joe got right46:30 – What's actually in your iPhone48:00 – Sodium-ion: niches, not a replacement50:00 – BESS, aging grids, and a prediction Joe made in 201051:55 – Advice for students and young geologists entering lithium53:40 – On AI, and bulletproofing what you do54:00 – Starting the Global Lithium Podcast: Tim Ferriss, a LinkedIn post, and a studio in Buenos Aires55:20 – Downloaded in every country on Earth except Bhutan57:10 – The Korean listeners who finally explained themselves1:00:10 – The real value of a podcast is what's said before and after the record button1:02:30 – Australia 34%, US 30%, and why resource economies listen1:05:10 – Which lithium conference should a student actually go to?1:09:00 – Writing Lithium Confidential: five life goals from January 1, 1982, and a granddaughter1:11:30 – Why the book has exactly 100 chapters1:16:20 – Commodity or specialty chemical? The fungibility argument1:18:20 – Specs, secret sauce, and selling the same product twice1:20:00 – The freedom that comes with getting fired1:20:25 – Joe's best day in the lithium business1:23:30 – Best deposits he's ever visited: Pilgangoora's vision, Liontown's buildLinksLithium Confidential: Confessions of a Corporate Misfit — available in print and Kindlegloballithium.netThe Global Lithium Podcast — wherever you get podcastsJoe on LinkedIn: Joe Lowry | On X/Twitter: @GlobalLithium (note the handle — not the Australian company)CampGeo mobile app — pegmatites, mineral basics, and all our back catalogplanetgeocast.com | @planetgeocastDownload the CampGeo app now at this link. On the app you can get tons of free content, exclusive images, and access to our Geology of National Parks series. You can also learn the basics of geology at the college level in our FREE CampGeo content series - get learning now!Like, Subscribe, and leave us a Rating!——————————————————Instagram: @planetgeocastTwitter: @planetgeocastFacebook: @planetgeocastSupport us: https://planetgeocast.com/support-usEmail: planetgeocast@gmail.comWebsite: https://planetgeocast.com/

Mike Lyon is the founder and managing director of Vista Point Advisors, a boutique sell-side investment bank he started almost sixteen years ago. A former chemical engineer at Exxon and BP who later joined Citigroup's tech M&A team, he built Vista Point to solve a conflict of interest he watched play out on Wall Street: bankers quietly working both sides of a deal. Vista Point Advisors represents founder-led software companies only — never the buyers — focusing on vertical SaaS with enterprise values between $30 and $300 million. Mike and five other managing directors run about a dozen deals a year, spending 50 to 100 hours cleaning up each company's data before launch and running a long, non-exclusive process built to keep multiple buyers competing to the finish. Mike says buyer criteria changed this year for the first time in a decade, and changed fast. Buyers now demand roughly 90% gross retention as a proxy for AI resilience, favor systems of record with real data moats, and discount horizontal point solutions. His advice: understand exactly how you'll be graded long before you go to market, because the aperture for a premium exit keeps shrinking. Key Takeaways AI Changed Everything — For the first time in a decade, buyer criteria are shifting week to week this year. Gross Retention Rules — Buyers now want 90%-plus gross retention as a proxy for AI resilience. System Of Record — Point solutions look exposed to AI; systems of record with real data moats win. Exclusivity Is Leverage — Once you grant it, the deal slows and power shifts to the buyer. Watch Spend, Not Talk — Every buyer says the right things; only diligence dollars prove real intent. Second Bite Pays — Most founders who sold majority to PE did as well or better on the rollover. Quote from Mike Lyon, Founder & Managing Director of Vista Point Advisors "For the first time in ten years, the rules hav changed — and they changed fast. If you called any private equity or strategic buyer over the last decade and asked what makes a good SaaS company, the answer barely moved. This year I've had conversations I've never had before, where the criteria shifted week to week — first it's X, then X plus Y, then X plus Y plus Z. The first big change is a maniacal focus on gross revenue retention (GRR). Net retention (NRR) was the star for years, but gross gives you no credit for upsells — you only get dinged for downgrades and churn, so it's really asking what happens if you can't upsell anymore. Buyers want to see 90% or better now, and our read is that it's a proxy for AI risk: they don't fully understand the AI threat yet, but they know a business at 90% gross retention is probably resilient enough to take some hits and survive. System of record is the other thing that suddenly matters more. Point solutions feel like they're at further risk from AI, so buyers want a system of record with a real data moat — not the fake moat where anyone can go get that data somewhere else — or a payments angle, which is harder for AI to route around. And if your business started eight years ago, it's hard to be fully agentic, but you at least need the ability to hang agents off the backbone of your software to keep delivering value." Links Mike Lyon on LinkedIn Vista Point Advisors on LinkedIn Vista Point Advisors website Podcast Sponsor – Fraction This podcast is sponsored by Fraction. Fraction gives you access to senior US-based engineers and CTOs — without full-time costs or hiring risks. Get 10 to 30 hours per week from vetted and experienced US-based talent. Find your next fractional senior engineer or CTO at fraction.work. You can start with a one-week, risk-free trial to test it out. The Practical Founders Podcast Tune into the Practical Founders Podcast for weekly in-depth interviews with founders who have built valuable software companies without big funding. Subscribe to the Practical Founders Podcast using your favorite podcast app or view on our YouTube channel. Get the weekly Practical Founders newsletter and podcast updates at practicalfounders.com. Practical Founders CEO Peer Groups Be part of a committed and confidential group of practical founders creating valuable software companies without big VC funding.  A Practical Founders Peer Group is a committed and confidential group of founders/CEOs who want to help you succeed on your terms. Each Practical Founders Peer Group is personally curated and moderated by Greg Head.

with Brad Friedman & Desi Doyen

Aug. 5, 2026 ~ Jay Young, founder and CEO of King Operating Corporation, joins Chris Renwick and Lloyd Jackson to discuss President Donald Trump's claim that Exxon and Chevron are "making too much money" amid the Iran War. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

PODCAST LAS NOTICIAS CON CALLE 4 de agosto de 2026 - Llega el fin del SSN 751, el submarino USSA San Juan - El Nuevo Día Primarias instrumentales hoy en Estados Unidos - Politico.com Otro barco es atacado por Irán en Hormuz, mientras Trump dice que es su último break antes de decapitarlos - Reuters Reunión de Emergencia en Europa tras incidente en Ceuta - FT El diésel sigue caro por la guerra  PR Genera produce electricidad quemándolo 30 millones menos para arreglar equipo de la AAA En la temporada de huracanes es vital tomar medidas para asegurar nuestra tranquilidad.Si tienes dudas, llama al 787-641-7171 Todos tienen una manera diferente de prepararse para un huracán.Lo importante es que lo hagan.Auspiciado por Universal, en nuestro servicio está la diferencia.#universal #incluyeauspicio Manifestación en el Normandi de los enca por falta de agua - El Vocero Si no llueve, viene racionamiento formal porque informal lleva tiempo - El Vocero Fuera secretario de Corrección, nombran nueva secretaria - El Nuevo Día Gobernadora miente y dice que documental de LUMA lo paga el pueblo - El Vocero DACO tiene 3344 casos activos en espera de atención - El Vocero Si no llueve esperemos lo peor dioj la gobernadora - Primera Hora Piden hincar pozos para aliviar la crisis - Primera Hora PR mejoró en las pruebas CRECE locales, veremos a ver si en las pruebas NAEP también Otro asesinato por pruebas de colindancia - Primera Hora Sujeto se dispara en el casino metro del Sheraton tras acomodarse la pistola que se le estaba cayendo y no la tenía en baqueta - Primera Hora No van multas por malgastar agua - El Nuevo Día Purga en el PPD par elegir nueva junta de gobierno - El Nuevo Día Invierten en aeropuerto privado de PR al lado del público  El Nuevo DíaSan Juan Cruise Port vuelve a decir que van a lograr rehabilitar el muelle 1 de San Juan con fondos CDBG, gobierno anunció 98 millones - El Nuevo Dia USA sale al rescate del yen japonés - Reuters Trump vs. las petroleras - Las acusa de "ganar demasiado" -  Exxon dobló ganancias interanuales; Chevron marcó récord tras guerra de Irán 25 estados demócratas demandan a Trump por los nuevos aranceles. La Tax Foundation calcula un golpe de ~$1,000 por hogar en 2025.La "Truth API" de Trump - Cobra a firmas de trading de alta frecuencia hasta $1.2M al año por ver sus posts milisegundos antes que el público. Un conflicto de interés monumental - LOS DATOS DEL DÍA (cierre lunes 3 de agosto) Brent$83.82 / barril (−4.7%) WTI~$81.75 (+1.8% martes AM) S&P 5007,489.72 (+0.7%) Dow52,485.03 (+0.5%, +277 pts) Bono 10 años4.70% Euro / USD1.154 Gas natural$2.77 / MMBtu Hipoteca 30 años~6.93%

Monday August 3, 2026 Trump Says Exxon and Chevron Made “Too Much Money” During Iran Conflict

De topman van Palantir laat geen enkele kans liggen om een grote mond te trekken. Zo ook nu weer bij de kwartaalcijfers van het bedrijf van Alex Karp. Die cijfers zijn om over naar huis te schrijven. Een omzetgroei van 93 procent, bij de commerciële tak zelfs 149 procent. 'Mensen spugen hun kunstgebit ervan uit', zegt Karp. Hoe ze dat voor elkaar krijgen hoor je deze aflevering. Dan zoeken we ook uit of de zorgen die sommige beleggers tóch hebben terecht zijn. Zij vrezen dat ook Palantir ten prooi kan vallen aan AI-bedrijven die hun businessmodel kapot maken. Karp opent in ieder geval de aanval, want hij zegt dat die bedrijven 'drugs maken' en ervoor willen zorgen dat we massaal 'eraan verslaafd raken'. Verder hebben we het over Spotify. Dat noteert omzetgroei, abonnee-groei, én een recordmarge. Maar toch kan het beleggers niet blij maken. Die zetten hun gedeprimeerde toon van de afgelopen kwartalen gewoon door. Je hoort ook nog over BP, dat Shell na-aapt. En over Donald Trump, die opeens geen vriendjes meer is met oliebedrijven. Te gast: Marc Langeveld, van het Antaurus AI Tech Fund BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie.See omnystudio.com/listener for privacy information.

MRKT Matrix - Monday, August 3rd Stocks rally, fueled by gains in Big Tech and a drop in oil prices (CNBC) Trump says Exxon and Chevron made ‘too much money' off high oil prices during Iran conflict: ‘I don't like it' (CNBC) The Worries That Drove Uncle Sam to Buy Yen (WSJ) The message beneath the yen intervention (Axios) How to Play the Flood of AI Bonds ⁠(WSJ)⁠ A digital iron curtain is threatening the global economy (FT) AI Is Turning Retail Traders Into DIY Hedge Funds (Bloomberg) Hugging Face CEO says China is winning the AI race and dominating on open models (CNBC) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://riskreversal.substack.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

This week, we're bringing you an episode of WSJ's Take On the Week. Host Telis Demos and guest host Spencer Jakab, investing columnist and writer of the Markets A.M. newsletter, are joined by Kaitlin Hendrix, asset allocation research director at Dimensional Fund Advisors, to decode investors' surging interest in private markets. They break down how investors may already have exposure in their investment portfolios to private companies like Anthropic, Stripe and Flipkart, through holdings in companies like Alphabet's Google, Amazon and Nvidia. Hendrix explains why your public index fund might already provide the diversification you're looking for, without the high fees. Plus, Jakab explains the way that big tech's private company investments are boosting earnings to near-unprecedented levels.  To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Sign up for the WSJ's free What's News newsletter. Further Reading:  Earnings Forecasts Are on Steroids For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

P.M. Edition for July 31. ExxonMobil and Chevron had a blockbuster quarter after the Iran war disrupted energy markets. Journal reporter Collin Eaton discusses the historic refining margins they're enjoying. Plus, America's lettuce growers are facing a steep decline in sales because of the cyclospora outbreak. As WSJ's Amira McKee explains, that's forcing some to make some tough choices about what to do with their current crops. And Apple saw a record decline in market cap after the iPhone maker's disappointing outlook. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

U.S. Treasurys popping to end the week as the 2 Year hits a near two-decade high and the 10 Year reaches highs not seen since January 2025. The traders break down the reason behind the surge and if this could affect the next Fed rate decision. Then, Novo Nordisk tumbling after a heart medicine trial failure. Mizuho securities healthcare sector specialist Jared Holz lays out how the company can coarse correct, and what this means for the broader pharmaceutical space. Plus, Amazon surging 15% on the back of its earnings while Exxon loses steam, and counting down to SpaceX's earnings report as the aerospace giant trades well below its IPO price. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Story of the Week (DR):Cracker Barrel CEO is out after MAGA backlash to "Uncle Herschel" logo change MMBefore Julie Masino was brought in, Cracker Barrel was facing a slow-moving existential crisis:Their primary core customer base (older generations and rural highway travelers) was naturally shrinking, and younger diners were simply not replacing them.Kitchen tech, supply chains, and digital ordering lag behind competitors like Texas Roadhouse or Olive Garden.Some great fake populism from Fox: Cracker Barrel to pay for outgoing CEO's security, $4.6M severance after failed rebrandCracker Barrel names David Deno CEOBurger KingYum! Brands and Pizza Hut for 15 years, including serving as CFO and COO.Quiznos CEO.Best Buy: Served as President of Asia and CFO for Best Buy's International DivisionBloomin' Brands for 12 years: CEO, CFO and Chief Administrative OfficerOutback Steakhouse, Carrabba's Italian Grill, and Bonefish GrillBoard MembershipsCracker Barrel Old Country Store (2016-)Panera Brands (2024-): Audit Committee ChairKrispy Kreme (2016-)Bloomin' Brands (2019–2024)Peet's Coffee (2006-2012)Macalester College: Former Chair of the Board of Trustees (1998-2022).From Cracker Barrel to Boeing, Companies Are Turning to Retired CEOsThese retired CEOs are being hired to be "fixers." They are brought in to cut costs, repair supply chains, restore investor confidence, and act as a stabilizing force rather than reinventing the brand.Exxon and Chevron profits surge on rising oil prices due to Iran warChevron posted its highest profit in six years as the Iran war boosted oil pricesBig Oil Is Getting Sued for Heat Deaths. It's Fighting Back With an Army of Immunity LawsMore than a decade after investigations found that Exxon Mobil had known about the dangers of global warming since the 1970s but publicly downplayed the threat, lawsuits against oil companies have proliferated. There are nearly 40 of these cases pending across the countryIn the meantime, the industry has been mobilizing a counterattack against the lawsuits with the help of the Trump administration and Republican politicians.Republicans are trying to pass laws to grant oil majors immunity to these kinds of lawsuits, with success in several states so far.Utah, Iowa, Tennessee, Oklahoma, and Louisiana have recently signed laws shielding fossil fuel companies from lawsuits related to greenhouse gas emissionsOil executives have also gotten help from the federal government, following an executive order from President Donald Trump last year directing the attorney general to prioritize blocking climate lawsuits by states.This May, the Justice Department responded to Minnesota's climate lawsuit against Big Oil with a lawsuit of its own, just as the state's case was moving into the discovery phase. It said Minnesota was undermining “American energy dominance” and attempting to regulate greenhouse gases, which should fall under the purview of federal law—echoing the oil industry's well-known argument.Elon Musk Is Quietly Turning to This Fossil Fuel to Power His AI AmbitionsSam Altman Announces That the Singularity Has Arrived: a hypothetical future point in time when technological growth becomes autonomous, uncontrollable, and irreversible, fundamentally transforming human civilization“We are now, like, in the singularity ... Now we're actually in the moment that we used to talk about at the lunch table in a very not-serious way ...I've been waiting for this my whole life, and I think it's going to be incredible, hugely positive, awesome for the world.”Sam Altman says one of his biggest fears is that a small number of companies will control AI: 'That'd be very, very bad'Sam Altman says the Hugging Face hack is a reminder that an AI power monopoly could lead to 'long-term disaster'OpenAI says its rogue AI tried to hack other companiesMark Zuckerberg is urging the U.S. to accelerate AI development, not restrict it'No Way to Stop It': Elon Musk Warns Humans Will Lose Control of AI and Face Extinction by 2036Microsoft CEO Warns That Companies Embracing AI Could Drive Themselves Out of BusinessAI hackers are getting faster. The government may not be readyAnthropic says its Claude models 'gained unauthorized access' to other organizations' systemsAnthropic says its models went rogue and hacked 3 companies during testing'It Will Happen Frequently': Musk Warns of Rogue AI Threat After Anthropic Breached Three FirmsElon Musk Commits Up to $120M to Republican Midterms: Sets Feud With Trump Aside for Major Election PushGoodliest of the Week (MM/DR):DR: Gen Z women are having an entrepreneurship boomOf all women who started businesses in 2025, 47% of Gen Z women did so, compared with 38% the previous year. Gen Xers followed close behind at 46%. Then came millennials at 43% and baby boomers at just 23%.Overall, in 2025, 69% of new Black-owned businesses were started by women. The survey also found that women business owners are less likely than their male counterparts to depend on AIMM: Delaware judge rules public benefit corporations exempt from maximizing value in sale DRFiduciary duty is different - OpenAI, AnthropicAssholiest of the Week (MM):Fake man apologies MM‘I'm sorry ... but': Apologetic Alan Joyce tells his side of the Qantas storyJoyce has expressed some regret“So with the information we had at the time, I still don't think there was any other decision you could make,”“Hindsight is a great thing.”“I'm actually very, very proud of the fact that I'm not sitting here and apologising for Qantas going bankrupt, [something] that many airlines around the world did,”Australian Competition and Consumer Commission fined Qantas $120 million for selling tickets for 8000 already cancelled flights“I apologise for the angst that was generated [for] the customers on it, but the reality was we had 22 million bookings in the system [and] the system wasn't designed to do an automatic refund,”“Stop us!”More than 1,200 AI workers across Anthropic, DeepMind, OpenAI, and Meta are asking for Washington's help building an AI slowdown plan‘No Way to Stop It': Elon Musk Warns Humans Will Lose Control of AI and Face Extinction by 2036Elon Musk's new 5-year warning to Americans: AI will beat human brains by 2032 (then go wild). Get rich or get crushed?Sam Altman says the Hugging Face hack is a reminder that an AI power monopoly could lead to 'long-term disaster'It Will Happen Frequently': Musk Warns of Rogue AI Threat After Anthropic Breached Three FirmsBut also, DON'T stop us, obviously…Palantir CEO warns US against Europe's AI regulation path, urges Trump admin to not ban open modelsElon Musk's xAI sues Minnesota over law to ban 'nudify' appsMark Zuckerberg is urging the U.S. to accelerate AI development, not restrict itElon Musk Commits Up to $120M to Republican Midterms: Sets Feud With Trump Aside for Major Election PushIgnoring boardsHims & Hers mission:“Hims & Hers is the leading health and wellness platform on a mission to help the world feel great through the power of better health. We believe how you feel in your body and mind transforms how you show up in life. That's why we're building a future where nothing stands in the way of harnessing this power. Hims & Hers normalizes health & wellness challenges—and innovates on their solutions—to make feeling happy and healthy easy to achieve. No two people are the same, so the Company provides access to personalized care designed for results.”Hims & Hers board:CEO: Andrew Dudum, tech VC bro investor “serial entrepreneur” with deep health experience from Bungalow (airBnB knockoff in the UK), Homebound (a “homebuilding platform”), TalkIQ (an AI startup, duh), and Terminal (something about scaling engineering?)TWO directors from DoorDash (Kofi Amoo-Gottfried from Marketing, previously of Facebook, and Christopher Payne the COO, previously of eBay, MSFT, and Amazon)TWO pharma execs (one lawyer, Deb Autor, one with an econ degree, Kare Schultz)One guy from Netflix (David Wells) and one lady from Urban Outfitters (marketing/brand, Andrea Perez) and one pure law firm lawyer (Anja Manuel)ONE DOCTOR EXCLUSIVE: US FTC sues Hims & Hers for sending user health info to Meta, SnapUsers' sensitive health information was shared with online advertising companies including Meta ​Platforms and Snap despite the company leading customers to believe their ​data was private, the FTC alleged in the lawsuit filed along with Los ⁠Angeles County and Utah.Hims & Hers also started charging users for prescriptions before ​they have ⁠had a chance to meet with healthcare providers, the FTC alleged. Most customers do not receive a consultation with a provider, and instead are charged for ⁠prescriptions ​soon after filling out an intake form, ​according to the agency.Headliniest of the WeekDR: CEO apologizes for offering interviews to people who got tattoos of his AI company logoSan Francisco tech CEO Jordan Zietz, co-founder of an early stage AI startup called LemonLime. Stanford grad.“LemonLime learns your business and then automates your team's busywork in a single click, no coding or manual setup required.”Former Qantas CEO reflects on tenure, issues apology to passengers over post COVID chaos AND ‘I'm sorry ... but': Apologetic Alan Joyce tells his side of the Qantas storyMM: Amazon received $600 million in tariff refunds and will pass some back to customersMM: Trump Staff Cuts Blamed After Watermarked OpenAI Map Mislabels Africa at AIDS ConferenceIt's the fact that we have less staff that meant we couldn't bother to figure out which country was whichWho Won the Week?DR: Kohls: For getting some much-needed female influence on board: Kohl's Appoints Wendy Arlin as Chair of the BoardCurrently only 2: Robbin Mitchell (7%) and Wendy Arlin (1%)John Schlifske (27%) stepping downMM: The phrase “not due to any disagreement with the Company”Anne Sweeney Resigns From Netflix BoardOn July 26, 2026, Anne Sweeney notified Netflix, Inc. (the “Company”) that she was resigning from the Board of Directors of the Company effective as of that date. Ms. Sweeney's resignation is not due to any disagreement with the Company1,660 8-Ks in the last 5 years have the exact phrase “not due to any disagreement with the Company”So we're saying that 1,660 c-suite and board members resigned in 5 years - more than 300 per year - and NONE were due to a disagreement with the companies? That's only THAT phrase - no other details are given for most of them except occasionally:To pursue another jobPersonal reasonsFor scale, in the last 5 years, the term “was due to a disagreement with the Company” appears… 5 timesPredictionsDR: Qantas CEO Vanessa Hudson apologizes that it took former CEO Alan Joyce to apologize for something she already apologized for despite not being CEO when any of it happenedMM: Damion resigns from Free Float due to a disagreement with the zero dollars he gets paid, but Free Float puts out a statement saying it's “not due to any salary reason related to the company”

Rob Thummel breaks down Exxon Mobil (XOM) and Chevron (CVX) earnings, highlighting strong cash flow generation, shareholder returns, and a supportive refining backdrop. Tom White also outlines a bearish options strategy on Exxon, citing the stock's close relationship to crude oil prices.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Support the podcast and keep independent media alive Climate reality keeps colliding with denial, erasure, and rebranding — across media, politics, and religion. Temu conspiritualists weave melted stories about the origins of wildfires, while the high-class guys run meditation-and-regenerative-farming spectacle backed by Exxon money. Julian's on that angle. Derek will be telling us about how climate journalism is collapsing faster than the climate itself with mass environment reporting layoffs at NPR, CBS, the Washington Post, and the LA Times. Trump gutted the National Oceanic and Atmospheric Administration. EPA webpages have been scrubbed of human-caused warming language. Are religious institutions doing any better? In 2015, five world religions — Jewish, Catholic, Islamic, Hindu, and Buddhist — independently issued climate statements ahead of the Paris COP21 talks. Matthew looks at how they struggled to challenge the global economies they depend on. Show Notes What Is Happening to Climate Journalism? Where Climate Coverage Goes to Die How will NPR layoffs affect climate stories? CBS axed its last climate reporting pillar How do you report on the weather when data is disappearing? NOAA stops tracking cost of extreme weather and climate disasters NOAA monthly media calls on climate change suspended EPA websites now downplay link between humans and climate change A Rabbinic Letter on the Climate Crisis Rabbis Against Climate Change  "Laudato Si'": Encyclical Letter on Care for Our Common Home  Islamic Declaration on Global Climate Change  Hindu Declaration on Climate Change The Time to Act is Now: A Buddhist Declaration on Climate Change   "Laudate Deum": Apostolic Exhortation to All People of Good Will on the Climate Crisis  Al-Mizan: A Covenant for the Earth (full text PDF) Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, as Britain enters its fourth heatwave amidst blazing wildfires across Europe, Coco & Nish are joined by Climate scientist and educator Simon Clark to ask: is this the new normal? They discuss rising temperatures, online misinformation, fire clouds(!) and which policies the UK government could be championing to both mitigate and adapt to a warming climate–listen up, Andy! Also on the show: as Exeter proposes 150 job cuts which are expected to fall disproportionately on the humanities, Nish speaks to his friend and staff member at Exeter University, Dr Peter J Riley. They dig into the value of a humanities degree and what we're missing when we make everything about money. And: Coco & Nish reflect on the UK's first week with Burnham at the helm, as Labour leads Reform in the polls for the first time in almost 18 months. Is it too early to be optimistic? Plus - bonus content! We bring you a clip from a conversation with actor Siobhan McSweeney and Gazan student Mahmoud Hasanain as they discuss the government's renewed scheme to evacuate Gazan students to study at UK universities–but only if they have fully-funded places. Siobhan, along with many other well-known faces from stage and screen, is auctioning off personal items in a bid to raise funds to support these students. You can catch the full episode on YouTube, and bid online here - until Friday 7th August!   Plus: you listen to Nish & Coco every week, now we want to hear from you! We're launching an audience survey to hear about what you like, dislike, and want to see more of from PSUK. Guests! Live shows! Topics! Explainers! And did we mention there's a prize draw? You've got to be in it to win it - so fill out the survey here: https://forms.gle/fWp9xXb6tcWhPxSm8 GUESTS Simon Clark Dr Peter RileyUSEFUL LINKSAudience survey here: https://forms.gle/fWp9xXb6tcWhPxSm8 University Cuts Petition to stop redundancies at Exeter University: https://www.change.org/p/stop-redundancies-at-the-university-of-exeter-706befbf-8195-4b87-a96c-13666e695878 Exeter UCU: https://www.instagram.com/uniexeterucu/ Climate CrisisDeSmog: https://www.desmog.com/2026/04/30/reform-uk-nigel-farage-millions-donations-fossil-fuel-interests-climate-science-deniers/ Matt Hughes and Nick Ames - Uefa accuses Fifa of ‘enriching themselves and their friends' over World Cup sell-offShare Action: https://shareaction.org/ Cool Earth: https://www.coolearth.org/ Fossil Free Media: https://fossilfree.media/ Gaza Auction: https://www.jumblebee.co.uk/ScholarshipsForGaza Keir's goodbye video: https://www.tiktok.com/@keirstarmer/video/7664565924204203286?lang=en-GB CHECK OUT THESE DEALS FROM OUR SPONSORS VANTA: https://www.vanta.com/PSTUKHEXCLAD: https://www.hexclad.co.uk/PSTUK SHOPIFY: https://www.shopify.co.uk/podsavetheukPod Save the UK is an Intelligence Squared production for Crooked Media.Don't forget you can get in touch! Contact us via email: podsavetheuk@crooked.com if you want to share questions, thoughts, or general musings! Like and follow us on Youtube: https://www.youtube.com/@PodSavetheUK Instagram: https://instagram.com/podsavetheuk TikTok: https://www.tiktok.com/@podsavetheuk BlueSky: https://bsky.app/profile/podsavetheuk.crooked.com Facebook: https://facebook.com/podsavetheuk X: https://x.com/podsavetheuk

In this explosive episode of the Energy News Beat Daily Standup, host Stu Turley breaks down ten major stories that expose a widening chasm between what financial markets are signaling and what's actually happening on the ground in global energy infrastructure.From a $40-50 disconnect between paper oil prices and physical barrel delivery costs, to California's dramatic collapse from 38 refineries down to just seven, Turley reveals how geopolitical tensions, regulatory overreach, and decades of underinvestment are creating a perfect storm in energy security.With Russian refining capacity crippled by drone strikes, Middle Eastern facilities under attack, and the UN quietly admitting its climate doomsday scenarios were implausible, this episode challenges conventional wisdom on energy policy and makes a compelling case that energy security truly starts at home—through domestic production capacity, not wishful thinking about net-zero mandates that have cost over $10 trillion while delivering far less energy independence than nuclear investment could have provided.1. Oil Price Disconnect: Paper vs. Physical MarketsWTI futures hovering in low-to-mid $90s while physical delivery costs ~$120$40-50 premium between paper markets and actual barrel acquisitionRefinery crack spreads at historic highs (96% in US)Future traders focused on de-escalation; physical markets screaming warnings2. Two Solutions to Reduce Fuel PricesIncrease refining capacity – No new US refineries in decades; first new one coming to Brownsville, Texas (2025)Demand destruction – Governor Newsom's attempts failed; demand only slightly down as people leave CaliforniaPhysics matter; policy must align with infrastructure reality3. Global Refining CrisisRussia: Every refinery hit by drones; capacity down to 40%India: Only country with spare refining capacityQatar: Down from 77-80 MTPA to 12 MTPA due to Strait of Hormuz blockadeQatar Energy adapting: Using US carriers to maintain contracts4. Middle East Security ThreatsIraq militias attacking Saudi refineries for second consecutive daySaudi air defenses intercepting dronesEgypt also targetedBab-El-Mendeb Strait closure = $120 oil; currently at $845. LNG Market BoomSurge in Final Investment Decisions (FIDs) for new liquefaction capacity84 million tons of new capacity in 2025; 37 MTPA in first half 2026US leading project growthLNG must bypass choke points for true energy security6. Venezuela Oil Resurgence$13 billion in sales since Maduro's captureProduction rebounding: 800K barrels/day (January) → 1.2M barrels/day (March-April)Chevron and Exxon positioning for expansionPotential model for Iranian recovery (without IRGC)7. US Crude Inventory DeclineDown 7.2 million barrels to 404.5 millionCushing, Oklahoma at 18.6 million barrels (near operational bottom of 20M)Cushing lost importance to world oil pricingParadox: Empty Cushing should support prices, but doesn't8. California's Transportation Fuel Infrastructure CollapseDemands 58 million gallons daily: 37M gasoline, 11M jet fuel, 10M dieselRefinery count: 38 → 7 (6 more closing due to CARB regulations)Limited import pipes; insufficient storage capacityProduction declining sharply while demand remains highMost expensive transportation fuels in nation for residents9. Natural Gas Success StoryExpand Energy (NASDAQ: EXE) reports 27.5 MMCF/day from Hainesville wildcatNorth America's largest independent natural gas producer performing wellVectorVest rating: Buy10. Europe's Energy Crisis: Nuclear Shutdown During Heat WaveFrance shutting off GoFan2 nuclear reactor due to 40°C heat waveNuclear plants rely on river water for cooling (design flaw)Environmental regulations limit water discharge temperatureEU electricity mix: 30% wind/solar (vs. 29% fossil fuels) – but at what cost?De-industrialization and higher consumer costs11. Climate Policy ReckoningUN climate panel quietly admits doomsday scenarios were implausible$10.4 trillion spent on wind and solar globallyAlternative scenario: Same investment in nuclear = 174 additional reactors (vs. 94 current US reactors) + 1,700 worldwideNet-zero policies result in 38% higher consumer energy costs in blue statesFear-mongering and policy misalignment with physics12. Key Takeaway: Energy Security Starts at HomeDomestic production capacity is criticalEnergy dominance displayed through exportsRealistic policy must account for infrastructure constraintsNeighbor-to-neighbor preparedness (emergency power solutions like Jackery)1.Oil Prices Ignore the Warnings of the Physical Markets. Refinery Crack Spreads Grow2.Iraq Militias Attack Saudi Oil Facilities for a Second Day3.LNG Vessel Demand Soars as US Leads Project Growth, and Qatar is Offline4.QatarEnergy Adapting while Protecting its Revenue Stream5.U.S. Sale of Venezuela's Oil Hits $13 Billion Since Maduro Capture6.US Crude Oil Inventories Decreased by 7.2 mb to 404.5 mb7.The impending collapse of California's transportation fuel infrastructure8.Expand Energy's First Far Western Haynesville Wildcat IPs 27.5 MMcf/d9.France Shuts Off More Nuclear Power as Heat Builds Across Europe, Sparking an Energy Domino of FailuresStill very relevant - 10: UN Climate Panel Quietly Admits Its Doomsday Climate Scenarios Were ‘Implausible' – How much money has been spent on Net Zero because of lies?Check the articles on https://theenergynewsbeat.substack.com/A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energyAnd we have WellDatabase rolling in as a new sponsor. https://welldatabase.com/

Steve Milloy reviews Trump's fossil-fuel agenda, EPA rollback of the 2009 endangerment finding, and concerns that litigation delays and Justice Department staffing could let a future Democratic administration reverse course. The speaker attacks the National Academy of Sciences as climate activists, cites a climate chapter in a judges' science manual, notes Elena Kagan said she didn't read it, and urges cutting NAS funding. They praise Matt Wielicki's appointment to lead the U.S. Global Change Research Program. They argue wildfire-smoke PM2.5 health scares lacked NYC hospital spikes, criticize linear no-threshold regulation (radiation, PFAS), and discuss Yucca Mountain standards. They describe shareholder activism against corporate ESG (Netflix, Exxon), criticize carbon capture subsidies, and praise young “climate realist” advocates.00:00 Trump EPA Rollbacks01:37 NAS Versus Trump04:16 Defunding NAS Push06:30 Kagan Foreword Controversy08:24 Climate Realist Appointment09:43 Democrats And Green Money11:59 Big Tech Climate Censorship13:21 X Algorithms And Reach16:10 Viral Tweet No Warming18:20 Wildfire Smoke Reality Check22:30 EPA PM2.5 Experiments26:12 LNT Model And Hormesis30:18 Yucca Mountain Absurdity32:37 PFAS And Low Dose Effects33:37 Forever Chemicals Are Inert34:41 Dose Makes the Poison36:34 Parts Per Trillion Panic37:31 Why Fear Spreads38:06 Conservative Shareholder Activism41:07 Exxon and ESG Battles42:23 Carbon Capture Reality Check43:53 Subsidies and Nanny Government45:31 Next Gen Climate Realists47:43 Awards and Staying the Course50:31 NASA Names and Media Retreat56:01 Debate Challenge and Wrap UpSteve on X: https://x.com/JunkScienceWeb: https://junkscience.com/=========Slides, summaries, references, and transcripts of my podcasts: https://tomn.substack.com/p/podcast-summariesMy Linktree: https://linktr.ee/tomanelson1

A.M. Edition for July 27. President Trump calls off a major escalation of strikes against Iran, amid efforts to revive diplomacy with Tehran and a debate over America's declining munitions stockpiles. Plus, Nvidia is in talks to provide a roughly $250 billion financial backstop for OpenAI to lease a massive data center project in Ohio. And WSJ tech reporter Amrith Ramkumar explains how dual lobbying efforts from Apple and Micron are putting the Trump administration in the center of a fight over access to Chinese memory chips. Luke Vargas hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Pemex pierde dinero donde Exxon y Aramco ganan millones, manufactureras de exportación apuestan por retener inversiones y Automotrices chinas recortan 200 agencias en México, con Tzuara de Luna y Octavio Torres.00:00 Introducción01:03 Pemex pierde dinero donde Exxon y Aramco ganan millones04:57 Manufactureras de exportación apuestan por retener inversiones ante aranceles y el T-MEC08:32 Automotrices chinas recortan 200 agencias en México y priorizan rentabilidad sobre expansión12:04 Falta de suelo amenaza la meta de vivienda social del sexenio; alertan por construcción en zonas aisladas o de riesgo15:14 Tour de Francia 2026: Isaac del Toro firma la mejor actuación que el ciclismo mexicano ha brindado en su historia Hosted on Acast. See acast.com/privacy for more information.

Pemex pierde dinero donde Exxon y Aramco ganan millones, manufactureras de exportación apuestan por retener inversiones y Automotrices chinas recortan 200 agencias en México.Con Tzuara de Luna y Octavio Torres.00:00 Introducción01:03 Pemex pierde dinero donde Exxon y Aramco ganan millones04:57 Manufactureras de exportación apuestan por retener inversiones ante aranceles y el T-MEC08:32 Automotrices chinas recortan 200 agencias en México y priorizan rentabilidad sobre expansión12:04 Falta de suelo amenaza la meta de vivienda social del sexenio; alertan por construcción en zonas aisladas o de riesgo15:14 Tour de Francia 2026: Isaac del Toro firma la mejor actuación que el ciclismo mexicano ha brindado en su historia

In this week's episode of WSJ's Take On the Week, host Telis Demos and guest host Spencer Jakab, the Wall Street Journal's investing columnist and writer of the Markets A.M. newsletter, are joined by Kaitlin Hendrix, asset allocation research director at global investment firm Dimensional Fund Advisors, to decode investors' surging interest in private markets.  They break down how investors may already have exposure in their investment portfolios to private companies like Anthropic, Stripe and Flipkart, through holdings in companies like Alphabet's Google, Amazon and Nvidia. Hendrix explains why your public index fund might already provide the diversification you're looking for, without the high fees. Plus, Jakab explains the way that big tech's private company investments are boosting earnings to near-unprecedented levels.  This is WSJ's Take On the Week where co-hosts Telis Demos, writer for WSJ's Heard on the Street, and Miriam Gottfried, WSJ's investing and wealth management reporter, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Further Reading Earnings Forecasts Are on Steroids For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter, written by our guest host: Spencer Jakab.  Follow Miriam Gottfried here and Telis Demos here. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dean Guida started Infragistics at 23 to build UX/UI tools for professional software developers. Thirty-seven years later, the company operates across six countries, its software is used by more than two million developers, and its customers span the entire S&P 500—including Fidelity, Morgan Stanley, Exxon, Intuit, and Bank of America. But AI can now generate functional software in minutes. So what prevents a company like Infragistics from becoming obsolete? I wanted to understand which parts of software AI will commoditize, where lasting competitive moats will still exist, and why Dean believes the idea that software is disappearing has been dramatically oversold. We also talk about how he built a multi-8-figure company without outside capital, why he might raise money if he started again today, and what founders need to build once grit alone is no longer enough to scale.   Watch on YouTube: https://youtu.be/3hogPdPFiX8     Let's Connect: Website | Instagram | YouTube | TikTok | Twitter | Facebook

Trump wants $95 billion more for his Iran war while oil giants cash in — and DNI pick Jay Clayton confesses to victimizing Epstein's victims. In this episode: • Hegseth testifies war money runs dry by August 1 — demands $87 to $95 billion more on top of a nearly $1 trillion budget • Hegseth admits $37.7 billion already spent, then warns we're low on ammo on camera • US bombing hits civilian desalination systems — 10,000 Iranians without drinking water • Oil near $90 a barrel, gas near $4 — Chevron, Exxon, ConocoPhillips feast while Hormuz stays shut • Jay Clayton clears committee 9–8 for Director of National Intelligence after he spilled Epstein victims' names, addresses, and photos • Clayton won't say Biden won 2020 — and shrugs at Tulsi helping seize Fulton County ballots • Tillis and Cornyn freeze Todd Blanche's Attorney General path after Epstein survivor meeting left victims more traumatized • Cornyn holds Kari Lake and Mastriano ambassadorships hostage over PEPFAR AIDS funding — Lancet warns 14 million dead if cuts stand, one third children • Ed Martin's pardon office ignores nearly 6,000 pleas for clemency so he can free Trump donors and Clean Air Act polluters • Sunny Hostin's Harvard grad son handcuffed jogging in New Rochelle Key figures covered: Donald Trump, Pete Hegseth, Jay Clayton, Todd Blanche, Thom Tillis, Jon Cornyn, Kari Lake, Ed Martin, Kash Patel, Chelsi "Sunny" Hostin Subscribe for live shows Sunday, Tuesday, and Thursday at 6:05 PM Eastern. Recorded live on the David Feldman Show July 21, 2026 #IranWar #EpsteinFiles #ToddBlanche #PeteHegseth #Trump #JayClayton #PEPFAR #WarSupplemental #OilPrices #DavidFeldmanShow

Dan Nathan and Guy Adami break down a wild week across markets — memory stocks in freefall, Google's brutal two-day selloff, and why China's AI models are closing the gap without top-tier Nvidia chips. Micron cratered from its all-time high of $1,255 to $800 in a matter of weeks, and the DRAM ETF whipsawed right along with it. Guy and Dan dig into whether this is a routine flush or something bigger. Google sold off 10% after Gemini news broke the hyperscaler rotation narrative, and they debate whether the moat still holds given decelerating margins and ballooning capex. On the China front: DeepSeek raised $7B at a $52B valuation, Alibaba announced $50B in capex, and Moonshot's new model is narrowing the gap with US labs — all without access to Nvidia's most advanced chips. Dan and Guy also revisit the Nvidia-vs-component-suppliers margin debate, unpack Apple's surprising rally into earnings, and call the technical line in the sand on Netflix after its cash flow miss cut the stock in half. Plus: a quick check on crude, refiners hitting new highs, and what's next for energy names like Exxon and ConocoPhillips. Show Notes Google Gemini Launch Delayed as Tech Falls Short of Internal Goals (Bloomberg) Chinese Models vs. Frontier Models (The Daily Spark) China's Moonshot Unveils AI Model That Narrows Gap With US Firms (Bloomberg) —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

In 1978, an Exxon scientist asked a question in capital letters: were the oceans dissolving coral reefs? By 1982, Exxon's own scientists had the answer, in writing. So did Shell by 1986. This episode traces a newly published Oxford University study that dug through more than fourteen thousand pages of fossil fuel industry documents and found that the world's biggest oil and gas companies understood, decades before the public did, exactly how their product would wreck coral reefs. We walk through what the industry knew and when, how a funded think tank report in 2012 was built to look like an official government climate assessment while contradicting the industry's own internal science, and where coral reefs stand today after the largest global bleaching event ever recorded. Along the way, we cover the coral chemistry that makes reefs vulnerable to rising CO2, the internal Exxon and Shell documents at the center of the Oxford study, and how this paper trail is now showing up as evidence in real courtrooms, including a landmark January 2026 ruling in The Hague. This isn't a story to leave you paralyzed. It closes with four concrete actions you can take this week, from sharing what you now know to pushing the emissions lever that actually moves the needle. If you care about coral reefs, or you just want the receipts on one of the biggest corporate cover-ups tied to the ocean, this episode is for you. Support Independent Podcasts: https://www.speakupforblue.com/patreon Need help with your ocean non-profit, company, or project? Get the help you need with Pisces Oceans Inc.: https://www.piscesoceans.ca Connect with Speak Up For Blue Website: https://bit.ly/3fOF3Wf Instagram: https://bit.ly/3rIaJSG TikTok: https://www.tiktok.com/@speakupforblue Twitter: https://bit.ly/3rHZxpc YouTube: www.speakupforblue.com/youtube  

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he dives into today's top stories shaping America and the world. In this Headline Brief of The Wright Report, Bryan breaks down why gas prices are still stuck above where they should be despite oil falling to pre-war levels, and covers a volcanic confrontation between President Trump and Republican Senators on Capitol Hill over the SAVE America Act and the filibuster. Bryan tracks a wave of federal court rulings blocking the America First agenda, from judges stopping ICE arrests near courthouses to a ruling protecting illegal aliens from voter roll checks, and explains why he thinks the judiciary is now a front line in what he calls an Islamist and Communist revolution. He then documents a slate of newly elected New York candidates openly calling for the destruction of Western civilization and the American empire, and draws a sharp parallel to young Brazilians who are now turning conservative after living through years of Leftist governance. Plus, breaking news of two major earthquakes in Venezuela with potentially catastrophic casualties, the Arab states taking shots at Trump through the Washington Post while Secretary Rubio reassures the region, and a bipartisan housing bill sitting in limbo as the White House weighs whether to sign or kill it. "And you shall know the truth, and the truth shall make you free." - John 8:32 Keywords: The Wright Report, Bryan Dean Wright, gas prices, oil prices, Exxon, Chevron, SAVE America Act, Senate filibuster, John Thune, judicial rulings, lawfare, Democrat judges, voter rolls, ICE arrests, New York Socialists, Communist revolution, Daria-Liza Avila Chevalier, Zohran Mamdani, Brazil conservatives, Bukele, Venezuela earthquake, Marco Rubio, Middle East, housing bill, daily news podcast

Gerald Celente and David Knight call the ceasefire a fake agreement built to buy 60 days while oil reserves hit tank bottom, with Exxon executives privately warning of $6 gas once the buffer runs dry. Trump's own words on camera — "we'll go back to shooting at them, dropping bombs on their head" if he doesn't like the deal — get read as exactly the kind of statement that would end any other world leader's career. Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

Gerald Celente and David Knight call the ceasefire a fake agreement built to buy 60 days while oil reserves hit tank bottom, with Exxon executives privately warning of $6 gas once the buffer runs dry. Trump's own words on camera — "we'll go back to shooting at them, dropping bombs on their head" if he doesn't like the deal — get read as exactly the kind of statement that would end any other world leader's career. Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silver For 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code “KNIGHT” For high quality made in America products go to HomeSteadProducts.shop and use promo code “Knight” for 10% off your purchases Find out more about the show and where you can watch it at TheDavidKnightShow.com If you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-show Or you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

Donate (no account necessary) | Subscribe (account required) Join Bryan Dean Wright, former CIA Operations Officer, as he covers today's top stories shaping America and the world. In this Monday Headline Brief of The Wright Report, Bryan reveals that Iranian President Masoud Pezeshkian has reportedly offered his resignation, admitting the IRGC, not the civilian government, is now firmly in control of Iran and its stalled peace talks with President Trump. Bryan tracks satellite images showing Iran using the ceasefire to dig out buried missiles and drones, a US Hellfire strike on a cargo ship running the naval blockade, and warnings from Chevron, Exxon, and Aramco that global oil supplies could hit a panic-buying breaking point in just two to three weeks, with prices potentially spiking past $150 a barrel. He also covers Israel's deepest push into Lebanon in 25 years and the capture of the Crusades-era Beaufort Castle, then makes the case that Trump's best play now is a bare-bones Iran deal so he can pivot to the bigger threat at home: an Islamo-Marxist Democrat movement organizing violent ICE protests with funding from Roy Singham and George Soros. Plus, Bryan unpacks the concept of Taqiyya and what it means for vetting figures like Zohran Mamdani, a screwworm case creeping toward Texas cattle country, a promising new blood test that distinguishes four forms of dementia with 92% accuracy, and surprising research on how multiple AI chatbots can fact-check each other to deliver better medical answers. "And you shall know the truth, and the truth shall make you free." - John 8:32   Keywords: Bryan Dean Wright, The Wright Report, Monday Headline Brief, Masoud Pezeshkian resignation, IRGC control Iran, Iran peace talks, Trump Iran deal, Strait of Hormuz blockade, Hellfire missile cargo ship, oil supply crisis, $150 oil price, Chevron Exxon Aramco warning, Israel Lebanon invasion, Beaufort Castle, Hezbollah disarm, Benjamin Netanyahu, Gaza war, drug boat strikes, Caribbean cartel operations, screwworm outbreak Texas, Eileen Wang Arcadia California, Chinese Communist infiltration, Roy Singham, George Soros, Hassan Piker, Delaney Hall ICE protests, Brandon Greer, New Jersey ICE attacks, Mikie Sherrill, Markwayne Mullin self deportation, Zohran Mamdani, Fadhel Al-Sahlani, taqiyya, political Islam, dementia blood test Washington University, CBD nerve pain study, AI medical chatbots, ChatGPT Gemini Llama health accuracy

P.M. Edition for May 28. Treasury Secretary Scott Bessent told reporters today that the U.S. and Iran are near an agreement, but that President Trump hasn't signed off on it yet. Iran signaled that a final deal isn't ready. Plus, 19 years after leaving Venezuela, Exxon Mobil is weighing whether to restart operations there. WSJ reporter Collin Eaton discusses the negotiations between Exxon and the Venezuelan government…and the company's dilemma. And in New York City, wealthy retirees are buying “med-à-terres” to have a place to stay when they come back to see their doctors. Journal residential real estate reporter Jessica Flint explains what's driving the trend. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices