Podcasts about Shale

This week we talk about OPEC, the Seven Sisters, and the price of oil.We also discuss fracking, Israel and Iran's ongoing conflict, and energy exports.Recommended Book: Thirteen Ways to Kill Lulabelle Rock by Maud WoolfTranscriptThe global oil market changed substantially in the early 2000s as a pair of innovations—horizontal drilling and hydraulic fracturing—helped the plateauing US oil and gas market boom, unlocking a bunch of shale oil and gas deposits that were previously either entirely un-utilizable, or too expensive to exploit.This same revolution changed markets elsewhere, too, including places like Western Canada, which also has large shale oil and gas deposits, but the US, and especially the southern US, and even more especially the Permian Basin in Texas, has seen simply staggering boosts to output since those twin-innovations were initially deployed on scale.This has changed all sorts of dynamics, both locally, where these technologies and approaches have been used to tap ever-more fossil fuel sources, and globally, as previous power dynamics related to such resources have been rewired.Case in point, in the second half of the 20th century, OPEC, the Organization of the Petroleum Exporting Countries, which is a predominantly Middle Eastern oil cartel that was founded by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela in 1960, was a dominant force in geopolitics, as they collaboratively set global oil prices, and thus, were able to pull the strings connected to elections, war, and economic outcomes in nations around the world.If oil prices suddenly spiked, that could cause an incumbent leader in a country a hemisphere away to lose their next election, and if anyone threatened one of their number, they could conceivably hold back resources from that country until they cooled down.Before OPEC formed and established their position of primacy in global energy exports, the so-called Seven Sisters corporations, which consisted of a bunch of US and European companies that had basically stepped in and took control of global oil rights in the early 20th century, including oil rights across the Middle East, were the loci of power in this space, controlling about 85% of the world's petroleum reserves as of the early 1970s.That same decade, though, a slew of governments that hosted Seven Sisters facilities and reserves nationalized these assets, which in practice made all these reserves and the means of exploiting them the government's property, and in most cases they were then reestablished under new, government-controlled companies, like Saudi Aramco in Saudi Arabia and the National Iranian Oil Company in Iran.In 1973 and 1979, two events in the Middle East—the Yom Kippur War, during which pretty much all of Israel's neighbors launched a surprise attack against Israel, and the Iranian Revolution, when the then-leader of Iran, the Shah, who was liberalizing the country while also being incredibly corrupt, was overthrown by the current government, the militantly Islamist Islamic Republic of Iran—those two events led to significant oil export interruptions that triggered oil shortages globally, because of how dominant this cartel had become.This shortage triggered untold havoc in many nations, especially those that were growing rapidly in the post-WWII, mid-Cold War world, because growth typically requires a whole lot of energy for all the manufacturing, building, traveling around, and for basic, business and individual consumption: keeping the lights on, cooking, and so on.This led to a period of stagflation, and in fact the coining of the term, stagflation, but it also led to a period of heightened efficiency, because nations had to learn how to achieve growth and stability without using so much energy, and it led to a period of all these coming-out-of-stagflation and economic depression nations trying to figure out how to avoid having this happen again.So while OPEC and other oil-rich nations were enjoying a period of relative prosperity, due in part to those elevated energy prices—after the initial downsides of those conflicts and revolutions had calmed, anyway—other parts of the world were making new and more diversified deals, and were looking in their own backyards to try to find more reliable suppliers of energy products.Parts of the US were already major oil producers, if not at the same scale as these Middle Eastern giants in the latter portion of the 20th century, and many non-OPEC producers in the US, alongside those in Norway and Mexico, enjoyed a brief influx of revenue because of those higher oil prices, but they, like those OPEC nations, suffered a downswing when prices stabilized; and during that price collapse, OPEC's influence waned.So in the 1980s, onward, the previous paradigm of higher oil prices led to a surge in production globally, everyone trying to take advantage of those high prices to invest in more development and production assets, and that led to a glut of supply that lowered prices, causing a lot of these newly tapped wells to go under, a lot of cheating by OPEC members, and all of the more established players to make far less per barrel of oil than was previously possible.By 1986, oil prices had dropped by nearly half from their 1970s peak, and though prices spiked again in 1990 in response to Iraq's invasion of fellow OPEC-member Kuwait, that spike only last about nine months, and it was a lot less dramatic than those earlier, 70s-era spikes; though it was still enough to trigger a recession in the US and several other countries, and helped pave the way for investment in those technologies and infrastructure that would eventually lead to the US's shale-oil and gas revolution.What I'd like to talk about today is the precariousness of the global oil and gas market right now, at a moment of significantly heightened tensions, and a renewed shooting conflict, in the Middle East.—As of the day I'm recording this, the Islamic Republic of Iran is still governing Iran, and that's an important point to make as while Israel's official justification for launching a recent series of attacks against Iran's military and nuclear production infrastructure is that they don't want Iran to make a nuclear weapon, it also seems a whole lot like they might be aiming to instigate regime change, as well.Israel and Iran's conflict with each other is long-simmering, and this is arguably just the most recent and extreme salvo in a conflict dating back to at least 2024, but maybe earlier than that, too, all the way back to the late-70s or early 80s, if you string all the previous conflicts together into one deconstructed mega-conflict. If you want to know more about that, listen to last week's episode, where I got deeper into the specifics of their mutual dislike.Today, though, I'd like to focus on an issue that is foundational to pretty much every other geopolitical and economic happening, pretty much always, and that's energy. And more specifically, the availability, accessibility, and price of energy resources like oil and gas.We've reached a point, globally, where about 40% of all electricity is generated by renewables, like solar panels, wind turbines, and hydropower-generating dams.That's a big deal, and while the majority of that supply is coming from China, and while it falls short of where we need to be to avoid the worst-case consequences of human-amplified climate change, that growth is really incredible, and it's beginning to change the nature of some of our conflicts and concerns; many of the current economic issues between the US and China, these days are focused on rare earths, for instance, which are required for things like batteries and other renewables infrastructure.That said, oil and gas still enable the modern economy, and that's true almost everywhere, even today. And while the US changed the nature of the global oil and gas industries by heavily investing in both, and then rewired the global energy market by convincing many of its allies to switch to US-generated oil and gas, rather than relying on supplies from Russia, in the wake of Russia's invasion of Ukraine a few years ago, a whole lot of these resources still come from at-times quite belligerent regimes, and many of these regimes are located in the Middle East, and belong to OPEC.Iran is one such belligerent regime.As of 2025, Iran is the 9th largest producer of oil in the world, and it holds 24% of the Middle East's and about 12% of the world's proven oil reserves—that's the total volume of oil underground that could be pumped at some point. It's got the world's 3rd largest proven crude oil reserves and it exports about 2 million barrels of crude and refined oil every day. It also has the world's second-largest proven natural gas reserves.Iran isn't as reliant on oil and gas exports as some of its neighbors, but it still pulled in about $53 billion in net oil exports each year as of 2023; which is a lot less than what it could be making, as international sanctions have made it difficult for Iran to fully exploit its reserves. But that's still a huge chunk of its total income.This is important to note because Israel's recent series of attacks on Iran, in addition to taking out a lot of their military leaders, weapons manufacturing facilities, and nuclear research facilities, have also targeted Iran's oil and gas production and export capacity, including large gas plants, fuel depots, and oil refineries, some located close to Tehran in the northern part of the country, and some down on its southwestern coast, where a huge portion of Iran's gas is processed.In light of these attacks, Iran's leaders have said they may close the Strait of Hormuz, though which most of their exports pass—and the Strait of Hormuz is the only marine entryway into the Persian Gulf; nearly 20% of all globally consumed oil passes through this 90-mile-wide stretch of water before reaching international markets; it's a pretty vital waterway that Iran partially controls because its passes by its southern coast.Fuel prices already ticked up by about 9% following Israel's initial strikes into Iran this past week, and there's speculation that prices could surge still-higher, especially following US President Trump's decision to strike several Iran nuclear facilities, coming to Israel's aide, as Israel doesn't possess the ‘bunker-buster' bombs necessary to penetrate deep enough into the earth to damage or destroy many of these facilities.As of Monday this week, oil markets are relatively undisrupted, and if any export flows were to be upset, it would probably just be Iran's, and that would mostly hurt China, which is Iran's prime oil customer, as most of the rest of the world won't deal with them due to export sanctions.That said, there's a possibility that Iran will decide to respond to the US coming to Israel's aid not by striking US assets directly, which could pull the US deeper into the conflict, but instead by disrupting global oil and gas prices, which could lead to knock-on effects that would be bad for the US economy, and the US's relationships with other nations.The straightest path to doing this would be to block the Strait of Hormuz, and they could do this by positioning ships and rocket launchers to strike anything passing through it, while also heavily mining the passage itself, and they've apparently got plenty of mines ready to do just that, should they choose that path.This approach has been described by analysts as the strategic equivalent of a suicide bombing, as blocking the Strait would disrupt global oil and gas markets, hurting mostly Asia, as China, India, South Korea, Japan, and other Asian destinations consume something like 80% of the oil that passes through it, but that would still likely raise energy prices globally, which can have a lot of knock-on effects, as we saw during those energy crises I mentioned in the intro.It would hurt Iran itself more than anyone, though, as almost all of their energy products pass through this passage before hitting global markets, and such a move could help outside entities, including the US, justify further involvement in the conflict, where they otherwise might choose to sit it out and let Israel settle its own scores.Such energy market disruption could potentially benefit Russia, which has an energy resource-reliant economy that suffers when oil and gas prices are low, but flourishes when they're high. The Russian government probably isn't thrilled with Israel's renewed attacks on one of its allies, but based on its lack of response to Syria's collapse—the former Syrian government also being an ally of Russia—it's possible they can't or won't do much to directly help Iran right now, but they probably wouldn't complain if they were suddenly able to charge a lot more per barrel of oil, and if customers like China and India were suddenly a lot more reliant on the resources they're producing.Of course, such a move could also enrich US energy companies, though potentially at the expense of the American citizen, and thus at the expense of the Trump administration. Higher fuel prices tend to lead to heightened inflation, and more inflation tends to keep interest rates high, which in turn slows the economy. A lot of numbers could go in the opposite direction from what the Trump administration would like to see, in other words, and that could result in a truly bad outcome for Republicans in 2026, during congressional elections that are already expected to be difficult for the incumbent party.Even beyond the likely staggering human costs of this renewed conflict in the Middle East, then, there are quite a few world-scale concerns at play here, many of which at least touch on, and some of which are nearly completely reliant on, what happens to Iran's oil and gas production assets, and to what degree they decide to use these assets, and the channels through which they pass, in a theoretical asymmetric counterstrike against those who are menacing them.Show Noteshttps://archive.is/20250616111212/https://www.reuters.com/world/middle-east/an-overview-irans-energy-industry-infrastructure-2025-02-04/https://www.aljazeera.com/news/2025/6/15/which-iranian-oil-and-gas-fields-has-israel-hit-and-why-do-they-matterhttps://www.aljazeera.com/news/2025/6/17/mapping-irans-oil-and-gas-sites-and-those-attacked-by-israelhttps://www.aljazeera.com/economy/2025/6/13/oil-markets-are-spooked-as-iran-israel-tensions-escalatehttps://archive.is/20250620143813/https://www.bloomberg.com/news/articles/2025-06-20/eu-abandons-proposal-to-lower-price-cap-on-russian-oil-to-45https://apnews.com/article/russia-economy-recession-ukraine-conflict-9d105fd1ac8c28908839b01f7d300ebdhttps://www.nytimes.com/2025/06/22/business/us-iran-oil.htmlhttps://www.bbc.com/news/articles/cvg9r4q99g4ohttps://www.weforum.org/stories/2025/04/clean-energy-electricity-nature-and-climate-stories-this-week/https://archive.is/20250622121310/https://www.ft.com/content/67430fac-2d47-4b3b-9928-920ec640638ahttps://oilprice.com/Energy/Crude-Oil/Oil-Markets-Brace-for-Impact-After-US-Attacks-Iran-Facilities.htmlhttps://www.nytimes.com/2025/06/22/business/energy-environment/iran-oil-gas-markets.htmlhttps://www.eia.gov/todayinenergy/detail.php?id=65504&utm_medium=PressOpshttps://www.nytimes.com/2025/06/22/business/stocks-us-iran-bombing.htmlhttps://en.wikipedia.org/wiki/Big_Oilhttps://en.wikipedia.org/wiki/Fracking_in_Canadahttps://en.wikipedia.org/wiki/Fracking_in_the_United_Stateshttps://en.wikipedia.org/wiki/Petroleum_in_the_United_Stateshttps://en.wikipedia.org/wiki/Shale_gas_in_the_United_Stateshttps://en.wikipedia.org/wiki/Yom_Kippur_Warhttps://en.wikipedia.org/wiki/Iranian_Revolutionhttps://en.wikipedia.org/wiki/1970s_energy_crisishttps://en.wikipedia.org/wiki/1990_oil_price_shockhttps://www.strausscenter.org/energy-and-security-project/the-u-s-shale-revolution/https://archive.is/20250416153337/https://www.reuters.com/business/energy/us-crude-oil-output-peak-by-2027-eia-projects-2025-04-15/https://www.investopedia.com/ask/answers/030415/how-does-price-oil-affect-stock-market.asp This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

“It's a long-term story,” David McAlvany says of gold, and it's still going even as the metal pulls back from all-time highs. He compares buying gold futures to buying gold mining companies, and why investors might be interested in each. He says Bitcoin is “clearly not a safe-haven asset” and he thinks companies with it on the balance sheet could be in trouble if the market falls. For crude oil, he argues, “supply is the fulcrum” for price – and we have to look back to the Middle East as shale production falls into decline.

❤️ In the Seventy-seventh Chapter of the D&D Actual Play Adventure Dice Company: Small Embers... Vander comes face-to-face with his old love Morticia Wessen...

Greetings, and welcome back to the podcast. This episode we are joined by Mr. Dan Pickering - CIO & Founder of Pickering Energy Partners - an energy financial services company headquartered in Houston, USA with ~$16 billion invested in all energy sub-sectors.Mr. Pickering is the Chief Investment Officer at Pickering Energy Partners (PEP). PEP is a financial services firm focused on Investments and Advice in the energy sector – both traditional oil and gas and energy transition. Prior to PEP, Mr. Pickering served as the President of Tudor, Pickering, Holt & Co., and Chief Investment Officer of TPH Asset Management. Mr. Pickering has spent 30 years as an Energy Portfolio Manager, Researcher, and Analyst, first at Fidelity Investments (where he managed ~$1 billion of energy sector funds), then as Head of Research at Simmons & Company and as the founding partner of Tudor, Pickering, Holt & Co.Mr. Pickering is the Board Chair of Merge Electric Fleet Solutions and also serves on the Advisory Boards for the Houston CFA Society, Capital Creek Advisors, Dynamo Energy Hub, Midway Companies, as well as the Posse Foundation, the Board of Trustees for Texas Children's Hospital and the Texas Children's Hospital Foundation. Mr. Pickering holds a BS in Petroleum Engineering from the Missouri School of Science and Technology and an MBA from the University of Chicago.Among other things we discussed U.S. Shale, Permian vs. S&P 500 Returns & American Companies Looking North.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEPACAstro Rentals Support the show

In this episode of Current Account, Clay is joined by two IIF colleagues, Garbis Iradian, Chief Economist for the MENA region, and Ivan Burgara, Economist, to give updates on the greater Middle East and North Africa (MENA) region and recent developments in oil markets. The discussion begins with a brief summary of recent events in the region before narrowing in on Egypt and how the country looks to bounce back thanks to recent investments, what the implications are of the U.S. tariff policy for MENA and its countries, why oil market prices have dropped as a whole, how the Trump administration aims to both increase production and keep low prices, and much more. This IIF Podcast was hosted by Clay Lowery, Executive Vice President, Research and Policy, with production and research contributions from Christian Klein, Digital Graphics and Production Associate and Miranda Silverman, Senior Program Assistant.

WATCH the video on Substack by clicking the play button above or on YouTube (here).STREAM audio only on Apple Podcasts (here), Spotify (here), or your favorite podcast player app.This week we wanted to address two questions that have come up from our recent posts and videos. The first on why are we not more pound-the-table bullish on crude oil after noting how inexpensive it is versus a bunch of other commodities. The second question is what kind of capital return could work is on what kind of “yield vehicle” could be possible for shale pure-plays that do not want to sell to a larger company and where diversification wouldn't make sense.

Since 2016, Ken Hersh has served as President and CEO of the George W. Bush Presidential Center which houses the George W. Bush Library and Museum and the George W. Bush Institute.  In 1988, he co-founded NGP Energy Capital Management, one of the nation's largest natural resources private equity firms which pioneered private capital investing in the sector. Until 2016, he served as CEO, investing over $12 billion, earning a 27-year 30% annualized rate of return, making it one of the nation's leading private investors.  In 2023, the Oil and Gas Investor magazine inducted Ken into its Hart Energy Hall of Fame as one of the top 50 “pioneering men and women who have shaped energy over the last half century.” Additionally, Ken manages his family office that invests across multiple industries. He sits on numerous corporate and not-for-profit boards, including the Texas Rangers Baseball Club. He sits on the Board of Overseers of the Hoover Institution and is a member of the Council on Foreign Relations. Links:  George W. Bush Presidential Center - https://www.bushcenter.org/ Support our Sponsors Ramp: https://ramp.com/fort Vesto: https://www.vesto.com/fort Topics: (00:00:00) - Intro (00:03:53) - Ken's early career (00:16:36) - Richard Rainwater and creating NGP (00:29:25) - The original thesis for NGP (00:34:55) - Scaling NGP (00:46:36) - The Shale revolution (00:49:29) - Horizontal Drilling in 2025 (00:51:45) - The importance of having a great business partner (00:54:01) - Is “Let's back teams” still the best investment model? (00:55:01) - Ken's approach to raising capital (00:56:37) - Is there a modern-day Richard Rainwater? (00:58:34) - When a deal goes wrong (01:06:04) - The global state of energy in 2025 Chris on Social Media: The Fort Podcast on Twitter/X: https://x.com/theFORTpodcast Instagram: https://www.instagram.com/thefortpodcast LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO 

Does your child snore, mouth breathe, or seem “wired” instead of tired? Are they struggling with sleep—or is something bigger going on? In this follow-up episode with sleep expert Dr. Shelby Harris, we dive deep into the connection between sleep, behavior, and diagnoses like ADHD. If you've ever felt unsure whether your child's sleep issues are causing daytime struggles—or if the behavioral struggles are disrupting sleep—this episode is for you. We cover:

Does your child snore, mouth breathe, or seem “wired” instead of tired? Are they struggling with sleep—or is something bigger going on? In this follow-up episode with sleep expert Dr. Shelby Harris, we dive deep into the connection between sleep, behavior, and diagnoses like ADHD. If you've ever felt unsure whether your child's sleep issues are causing daytime struggles—or if the behavioral struggles are disrupting sleep—this episode is for you. We cover:

In conversations with investors the Shale Revolution is acknowledged as driving US hydrocarbon production up. What is less appreciated is how much this has been a US phenomenon, with no equal anywhere else in the world. The technologies of hydraulic fracturing (“fracking”) and horizontal drilling were developed sufficiently that they allowed access to enormous reserves […]

Matt, Doug, and Sarah talk with KGS Geologist Alex Washburn to discuss shales, rare-earth element, critical minerals, calcite, geochronology, petroleum geology, and environmental geology. Also, Doug spills his water.

Emily Pilbeam presents a mixtape of her personal selection of tracks from BBC Introducing, including a Track of the Week from The Itch, and words and music from Shale. There's also fresh from the Uploader music by Nxdia, Michael Georgian, British Birds, Westside Cowboy, Teethin, Lizzie Esau, Sunkissed Child, Colouring, Far Caspian, SEARCH RESULTS, Bastet, and Jaydonclover.

WATCH the video on Substack by clicking the play button above or on YouTube (here).STREAM audio only on Apple Podcasts (here), Spotify (here), or your favorite podcast player app.We continue our series of “long takes” amidst the macro mess we are slogging through and wanted to hit upon a couple of observations coming out of a surprisingly interesting quarterly earnings season that we think are relevant as corporates and investors think through long-term implications and opportunities. The first comes courtesy of Diamondback Energy: Is US shale oil peaking? And if it is, what does that mean for the energy macro. The second comes from Next Era Energy which made some interesting remarks about the relative economics of various generation sources juxtaposed against massive US power demand growth. The first two points then lead to the obvious question of how should companies think about business evolution, M&A and strategy during a period of uncertainty and turmoil to best position themselves for the decade ahead. For investors, who and what do you want to own?

We present our review of The Substitute/The Principal/187!The genre of "high schools in trouble" movies evolved significantly from the late 1980s into the mid-1990s, beginning with a foundation of inspirational redemption dramas and mutating into gritty action thrillers.It began earnestly with films like Lean on Me (1989), Stand and Deliver (1988), and Dangerous Minds (1995). These movies centered on teachers and administrators fighting to reclaim failing schools, emphasizing personal transformation, student empowerment, and systemic reform. The stakes were social and emotional — saving lives through education, not violence.However, as the '90s progressed — and as American cultural anxiety about crime, urban decay, and "out-of-control youth" intensified — the "high schools in trouble" narrative hardened. Instead of inspirational teachers winning hearts and minds, later films portrayed literal battles for survival against criminal elements within the schools.Movies like The Principal (1987), The Substitute (1996), and One Eight Seven (187) (1997) transformed the setting from a battlefield of ideas to an actual battlefield. Authority figures were no longer educators first — they became enforcers. Characters like James Belushi's Principal Latimer, Tom Berenger's mercenary-turned-substitute Shale, and Samuel L. Jackson's haunted teacher Trevor Garfield had to physically fight gangs, drug dealers, and violent students. Education was almost incidental — survival and order became the goal.Thus, the genre evolved:From teachers trying to save troubled studentsTo teachers trying to survive troubled studentsThis transition also reflects the broader cultural fears of the 1990s: urban schools were increasingly depicted as hopeless, violent zones where idealism wasn't enough — only strength and retaliation would do.By the end of the '90s, this cycle largely burned out. The action-heavy "high schools in trouble" subgenre gave way to other approaches, like the more psychological horror of The Faculty (1998) or the satirical dark comedy of Teaching Mrs. Tingle (1999). The idea of schools as battlegrounds didn't disappear, but the way Hollywood depicted them shifted with the times.Disclaimer: The following may contain offensive language, adult humor, and/or content that some viewers may find offensive – The views and opinions expressed by any one speaker does not explicitly or necessarily reflect or represent those of Mark Radulich or W2M Network.Mark Radulich and his wacky podcast on all the things:https://linktr.ee/markkind76alsohttps://www.teepublic.com/user/radulich-in-broadcasting-networkFB Messenger: Mark Radulich LCSWTiktok: @markradulichtwitter: @MarkRadulichInstagram: markkind76RIBN Album Playlist: https://suno.com/playlist/91d704c9-d1ea-45a0-9ffe-5069497bad59 

Emily Pilbeam announces the line up for the Introducing stage at The Great Escape festival, plus a track of the week from Shale and tracks from Ciel, Prima Queen and more.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. See our latest episodes at https://acquirersmultiple.com/podcastWe are live every Tuesday at 1.30pm E / 10.30am P.About Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENERhttps://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: https://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®.He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Send us a textThe Two Crew fights a familiar foe, once again, on the way to the cult's temple.  Music: "Northbound Along the 25th" by Robbie Whiplash "Jazz Bossa Nova" by Oleg Kirilkov All other music by Tabletop Audio Thanks for listening! You can find us on Twitter @25northpodcastYou can join our Discord community with this invite code "nBTZzTGZdA"You can send us an email at 25northpodcast@gmail.com if you wish

Although the US is energy independent and a net exporter of petroleum products, we still import certain blends of crude. Canadian tar sands oil is the heavy type for which American refineries are configured as is Mexican oil. Shale oil is lighter. So we buy what we are set up to handle and sell what […]

You can also find GEO Podcast or all the major podcast capture platforms!(Go on...subscribe and do not miss the new episodes)In this episode, I talk about shale, some major types, and how humans have used shale over time.Visit our GEOetc Members Section - Over 100 teaching resources that are classroom-ready to help you teach Earth science. Check them out!Support the show

In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley dives U.S. shale stayed disciplined despite Trump's pro-growth push, as China and India scrambled for crude amidst Russian tanker chaos. The UK's nuclear plans faltered under delays and soaring costs, while the EU admitted lingering reliance on Russian gas. The IEA warned of tight global gas markets through 2025, but Trump made waves by lifting LNG export bans and launching a bold $500 billion AI "Stargate" initiative—set to redefine AI infrastructure and energy innovation with a potential off-grid power revolution.Highlights of the Podcast00:00 - Intro01.03 - U.S. Shale's Capital Discipline Outweighs Trump's Pro-Growth Rhetoric04:45 - China and India Scramble for Crude as Sanctioned Russian Tankers Turn Back07:27 - UK Nuclear Power Ambitions Hampered by Delays and Soaring Costs05:87 - EU makes admission about Russian gas10:46 - IEA says global gas markets set to remain tight in 202513:30 -Trump lifts pause on non-FTA LNG export approvals15:25 - Trump unveils $500 billion AI ‘Stargate' project19:27 - OutroPlease see the links below or articles that we discuss in the podcast.U.S. Shale's Capital Discipline Outweighs Trump's Pro-Growth RhetoricChina and India Scramble for Crude as Sanctioned Russian Tankers Turn BackUK Nuclear Power Ambitions Hampered by Delays and Soaring CostsEU makes admission about Russian gasIEA says global gas markets set to remain tight in 2025Trump lifts pause on non-FTA LNG export approvalsTrump unveils $500 billion AI ‘Stargate' projectFollowStuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

How do you turn a $5 million bet into a $15 billion win? That's the kind of wild story we're talking about here—think high-stakes deal making, seismic tech breakthroughs, and the evolution of oil and gas from gut-instinct exploration to data-driven science. From a humble start in Wichita to shaping industry giants like 3TEC and Petrohawk, this conversation is packed with insider tales of risks, rewards, and the moments that defined a career at the cutting edge of energy.Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.Click here to watch a video of this episode. 0:00 Introduction & Poker Banter2:14 Getting Started in the Oil Business (1970s)5:25 Building & Selling 3-Tech9:06 Early Off-Market Acquisitions & Strategies13:42 3D Seismic & Technological Advancements19:08 Founding Petrohawk & the Shale Revolution24:55 The Haynesville Land Rush32:12 The Parallel Eagle Ford Play39:50 BHP Billiton's $15 Billion Acquisition45:46 Post-Sale Observations & Management Philosophy51:07 Pivoting to Private Equity (Pine Brook)59:08 Working with Portfolio Companies & Challenges1:02:40 The Future of Shale & International Expansion1:07:14 Enhanced Recovery & Shale Re-Fracs1:09:10 Potential New Basins & Final Thoughtshttps://www.instagram.com/digitalwildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcattershttps://twitter.com/DWildcatters

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley delved into several critical energy stories. They discussed the shift in U.S. shale strategy, where capital discipline is taking precedence over growth, despite Trump's pro-growth rhetoric. They also covered the cancellation of a $300 million offshore wind project at Brayden Point, signaling mounting hurdles for the industry. The hosts examined the ripple effects of Russian oil sanctions, as China and India continue to dominate Russian crude imports amid rising supply disruptions. Other topics included Janet Yellen's extraordinary measures to avoid hitting the debt ceiling post-Trump inauguration and Hungary's concerns over Ukraine's pipeline shutdown, which is exacerbating Europe's energy crisis. The episode concluded with a market update, including trends in crude oil and natural gas prices, and insights into a successful offshore drilling project by Talos Energy.Highlights of the Podcast00:00 - Intro01:24 - U.S. Shale's Capital Discipline Outweighs Trump's Pro-Growth Rhetoric05:06 - Days before Trump takes office, Brayton Point loses $300 million offshore wind cable plant development project07:06 - China and India Scramble for Crude as Sanctioned Russian Tankers Turn Back10:02 - US Treasury to take ‘extraordinary measures' after Trump inauguration11:02 - Ukraine threatening new European energy crisis – Orban14:50 - Markets Update15:44 - Oil prices dip but post 4th straight weekly gain on US sanctions17:58 - Talos Energy Announces Successful Drilling Results at the Katmai West #2 Well in the U.S. Gulf of Mexico20:18 - OutroPlease see the links below or articles that we discuss in the podcast.U.S. Shale's Capital Discipline Outweighs Trump's Pro-Growth RhetoricDays before Trump takes office, Brayton Point loses $300 million offshore wind cable plant development projectChina and India Scramble for Crude as Sanctioned Russian Tankers Turn BackUS Treasury to take ‘extraordinary measures' after Trump inaugurationUkraine threatening new European energy crisis – OrbanOil prices dip but post 4th straight weekly gain on US sanctionsTalos Energy Announces Successful Drilling Results at the Katmai West #2 Well in the U.S. Gulf of MexicoFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

On the penultimate episode of Season Stephen, Burnt and Joan discuss delicious looking commercials from yesteryear, while Doug works on a room for Jalliope. Later, neighbor Maura is confused why she has received rocks in her mail.Want more TNL? Go to cbbworld.com and sign up for the Maximus plan to unlock access to all seasons ad-free, as well as brand new exclusive BONUS ROOM episodes adventuring deeper into Dignity Falls!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Doug Terreson's story is pure energy industry legend—literally. From directional drilling in the Gulf of Mexico to calling the shots on Wall Street, this guy has done it all. He's the brain behind the “Era of the Supermajor” thesis that sparked mega-mergers in the late ‘90s, and his knack for bold predictions—like the "Golden Age of Refining" and nailing the 2020 energy market rebound—cemented his spot as a top energy analyst. With a career that's spanned hands-on rigs, high-stakes privatizations, and managing billion-dollar funds, Doug's insights are anything but ordinary. You'll hear about his no-BS approach to restoring discipline in the industry and how his blend of field smarts and financial wizardry shaped the modern energy world as we know it. Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.Click here to watch a video of this episode. 00:00 - Intro01:00 - Who is Doug Terreson10:46 - The Era of the Supermajor13:56 - The Supermajor Report Insights17:33 - Supermajor Reaction Analysis19:40 - The Louis Rukeyser Show Influence23:10 - Understanding the Supermajor Era26:05 - Investor Impact on CEO Decisions27:55 - Business Fundamentals Explained32:45 - Supermajor Era Overview37:05 - Sinopec's Role in the Industry37:31 - Venezuela's Oil Challenges42:00 - The Golden Age of Refining51:00 - 2008 Oil Price Spike Analysis54:20 - Coping with Job Loss57:34 - Oil Market Perspective in 201401:01:40 - Capital Discipline Pledge01:06:50 - Shale Revolution Overview01:13:31 - Shale 2.0 Developments01:17:48 - Geopolitical Risks in Oil01:18:48 - Fishing Insights01:22:42 - Winning the Fishing Tournamenthttps://www.instagram.com/digitalwildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcattershttps://twitter.com/DWildcatters

The US oil industry has seen a massive boost thanks to the shale revolution, but can the Europeans replicate the success the US has seen?Join the Patreon here: https://www.patreon.com/PeterZeihan Full Newsletter: https://mailchi.mp/zeihan/no-shale-for-europe

Why Jennifer Warren has been focusing on AI, data centers and energy demand (1:10). Shale, M&A and growth (5:00). Looking through lower oil prices; who's most affected? (11:00) Returns for Microsoft, Amazon, Meta, Digital Realty and SMH, the Semiconductor ETF, across 10 years (20:20). Portfolio theory testing; nuclear plays will take time (28:00).Show Notes:Generative AI's Chartreuse Adoption MomentEnergy, AI, And Digital Infrastructure: Crowded Trade Or Something Else?U.S. And Global Energy Drivers And OpportunitiesRead our transcriptsFor full access to analyst ratings, stock quant scores and dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions

Faith plays their final game Friday. Coach Shale reflects on year one

Faith looks to build off positives from last week's loss.

In this episode of the Energy News Beat Daily Standup, the hosts, Michael Tanner and Stuart Turley discuss stumbling electric vehicle sales, attributing it to factors like battery costs and a slowing market in Europe. They also highlight the Biden-Harris administration's decision to halt offshore oil and gas lease sales in 2024, the first time since 1958. Additionally, they touch on California Governor Gavin Newsom's criticism of Big Oil, TotalEnergies' expansion in U.S. LNG through an Eagle Ford deal, and Ted Cruz's demand for an appeal after Texas LNG terminal approvals were nixed. They close by reviewing recent market trends, including oil and gas prices, and a major acquisition deal between Valdis and Citizen Energy.Highlights of the Podcast00:00 - Intro01:24 - Electric Vehicle Sales Are Stumbling. Here's Why03:53 - Biden-Harris Admin Won't Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 195806:05 - Newsom's War On Big Oil Continues, Calls Them The ‘Polluted Heart Of The Climate Crisis'08:26 - TotalEnergies boosts US LNG position with Eagle Ford deal09:31 - Ted Cruz Demands FERC Appeal After Court Nixes Texas LNG Terminal Approvals12:59 - Markets Update15:58 - Shale producer Validus to buy Citizen Energy in deal worth over $2 billion, sources say17:59 - OutroPlease see the links below or articles that we discuss in the podcast.Electric Vehicle Sales Are Stumbling. Here's WhyBiden-Harris Admin Won't Hold Offshore Oil And Gas Lease Sales In 2024, First Time Since 1958Newsom's War On Big Oil Continues, Calls Them The ‘Polluted Heart Of The Climate Crisis'TotalEnergies boosts US LNG position with Eagle Ford dealTed Cruz Demands FERC Appeal After Court Nixes Texas LNG Terminal ApprovalsFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing In 2024– Get in Contact With The Show –

Coach Shale talks perspective after their loss at Duggar

Shale Oil & Gas has turned the US into an energy power house over the last 15 years. Will it disappear as quickly as it arrived or will it set to US apart for years to come? Within its short life, it has evolved quickly and our guest Matthew Bernstein now characterizes it as Shale 4.0. What were the previous iterations in participants, economics and output and what does the future hold? Matthew Berntstein is the Manager of Shale Analytics at Rystad Energy, the independent energy data and analytics firm.  

Coach Shale on responding after a loss last week with a long road trip Saturday.

Jennifer Warren discusses where energy and tech infrastructure meet right now and why she focuses on the fundamentals of oil and gas to get there (0:47). Differentiation in big tech (4:45). EV space growth and adoption slower than we think (17:40). Fundamentals of oil and gas, tightness and inelasticities (24:20). Energy, election season and macro factors (30:30). Players and stocks worth highlighting (34:30). See more about the charts mentioned here.Episode transcriptsShow Notes:Measuring Energy Demand For Big Tech And AI: Gigawatts, BCFs And GPUsUranium A Big Part Of Our Energy Future - Chris DeMuth Jr.Palantir, BP ink pact for new AI capabilitiesFor full access to analyst ratings, stock quant scores and dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions

Coach Shale on their rebound win from Saturday and facing Frontier this week.

Faith HC Jesse Shale

New HC Jesse Shale of Faith Christian talks about what it takes to start an 11 man football team, starting from scratch, creating culture, and expectations for week 1.

In this enlightening episode of Wicked Energy with JG, host Justin Gauthier welcomes Zach Fenton, CEO and founder of UpCurve Energy. Zach dives into the intricacies of developing second bone springs in southern Reeves, emphasizing the significance of financial considerations and a company's lifecycle. He elaborates on the benefits of drilling longer laterals supported by land position, and the potential future trends in the industry, such as Simul Frac and changes in completion design. The conversation also explores the evolving role of private equity in the energy sector, where Zach shares insights from his transition from ConocoPhillips to launching Upcurve. He discusses the importance of responsible, cost-effective development, innovative well planning, and data integration. Leadership dynamics, intellectual curiosity, and the energy mix's evolving perspectives are also key talking points, rounding out a comprehensive discussion on the current and future state of the energy industry. Tune in for a fascinating deep dive into oil and gas development, innovation, and leadership. LinkedIn: https://www.linkedin.com/in/zach-fenton-00255915/ Website: https://upcurveenergy.com/about-us/ Show Sponsors InflowControl InflowControl is a tech firm specializing in enhancing oil production efficiency and minimizing environmental harm through their Autonomous Inflow Control Valve (AICV®). The technology boosts profitability in mature oil fields by filtering out undesired gas and water, allowing previously overlooked zones to contribute to production. This results in both higher profitability and Lower Carbon Oil for stakeholders. For more information, visit the links below: Website: www.inflowcontrol.no LinkedIn: https://www.linkedin.com/company/inflowcontrol-as/ YouTube: https://www.youtube.com/channel/UCqdgIooQhYtUBo-auUlYw-Q Mainline Ventures Mainline Ventures stands alone as the premier strategy consulting firm dedicated to the energy sector, founded by former E&P C-Suite executives. They transform deal-making from an art into a science with their Process Driven Negotiation Technique, focusing on active deals and offering services like bespoke training, deal advising, and go-to-market strategies, often on a contingency basis due to their strategy's proven effectiveness. This approach not only yields measurable, scalable results but also seamlessly integrates with your existing operations, ensuring long-term sustainability without the need for changes in your team or technology. LinkedIn Link: https://www.linkedin.com/company/mainlineventures/ Website: https://mainline-ventures.com/

MacroVoices Erik Townsend & Patrick Ceresna welcome back, Rory Johnston. They discuss all things crude oil, ranging from President Trump's claim that OPEC is working hard to get Kamala Harris elected to the ultimate growth limits of U.S. Shale. https://bit.ly/4ceTfSV   ⚫ Follow Rory Johnston on X: https://www.x.com/Rory_Johnston ⚫ Find Out More: https://www.commoditycontext.com/

In this gripping episode of The Box of Oddities, we dive into a collection of astonishing stories that defy the ordinary. First, we meet Helen Collins, an 80-year-old who faced a high-flying crisis with sheer bravery and no flying experience. Discover how this incredible woman landed a plane under the most unexpected circumstances. Next, we unravel the mystique surrounding birthstones, exploring their ancient origins, hidden meanings, and the enchanting lore that has captivated humanity for centuries. Our journey then takes us underwater to the Baltic Sea Anomaly—a strange, enigmatic object that has puzzled scientists and conspiracy theorists alike. What is this mysterious formation, and why does it continue to spark debate? Finally, we confront the dark legacy of the Hanford Site in Benton County, Washington. From its pivotal role in the Manhattan Project to its current status as one of the most polluted places on Earth, we explore the history of this radioactive waste site and the ongoing efforts to manage its toxic remnants. Tune in for an episode brimming with intrigue, mystery, and unexpected twists that make The Box of Oddities a podcast unlike any other! The Box Of Oddities is sponsored by BetterHelp. Thinking of giving therapy a try? Visit BetterHelp dot com slash ODDITIES today to get 10% off your first month.  If you would like to advertise on The Box of Oddities, contact advertising@airwavemedia.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Consumers in different regions of the U.S. are paying vastly different prices for natural gas — the consequence of notoriously slow pipeline projects. In this episode of Power Plays, Bethel King and Dr. Robert Brooks, principal researchers at RBAC, explain the primary regional drivers that will influence the price you'll pay for natural gas. 

Jason Bordoff is an expert on geopolitics, energy security and the clean energy transition. He is the Founding Director of the Center on Global Energy Policy at Columbia University's School of International and Public Affairs, and he also held senior roles in the Obama administration, including on the National Economic Council, and the National Security Council. In this episode of World of DaaS, Auren and Jason discuss: The future of solarHow shale oil transformed US energyCritical minerals and energy securityRealities of the clean energy transitionLooking for more tech, data and venture capital intel? Head to worldofdaas.com for our podcast, newsletter and events, and follow us on X @worldofdaas.  You can find Auren Hoffman on X at @auren and Jason on X at @JasonBordoff.Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

Stebbie Shark (Stevie Shale, Fargo) is riding her hog to heaven.  Stevie Shale: @stevieshale -- SHOW INFORMATION Mega HQ Get ad free + bonus content with MEGA PREMIUM Support Us on Patreon Instagram: @MegaThePodcast Twitter: @MegaThePodcast Follow Holly and Greg Holly Laurent: Twitter | Instagram Greg Hess: Twitter | Instagram Music by Julie B. Nichols Edited by Makenzie Mizell Learn more about your ad choices. Visit megaphone.fm/adchoices

Larry Brogdon is a geologist and Partner with Four Sevens Oil Company with over 40 years of experience in the oil and gas industry. He has been involved in developing several major oil and gas plays, including the Barnett Shale.  We discuss: - The early days of the Barnett Shale - The impact of horizontal oil wells - The role of natural gas in the world and predictions for the energy industry We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.  https://www.thefortpod.com/survey Support our Sponsors: Better Pitch: https://bit.ly/42d9L0I Topics: (00:00:00) - Intro (00:02:07) - Larry's entry into the oil business (00:05:00) - George Mitchell & the Barnett shale (00:19:07) - Capitalizing on the success of horizontal wells (00:26:32) - Building and exiting the business (00:33:21) - The role of natural gas in the world (00:39:55) - Larry's investing thesis (00:45:40) - 10-year predictions Chris on Social Media: X: https://bit.ly/3BYIjcH LinkedIn: https://bit.ly/45gIkFd   Watch The Fort on YouTube: https://bit.ly/3oynxNX Visit our website: https://bit.ly/43SOvys Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO  The FORT is produced by Johnny Podcasts

A giant tiger with a country music singing career stops by.CreditsArnie: Arnie NiekampUsidore: Matt YoungChunt: Adal RifaiReba McEntiger: Stevie ShaleMysterious Man: Tim SniffenProducers: Arnie Niekamp, Matt Young, and Adal RifaiAssociate Producer: Anna HavermannPost-Production Coordination: Garrett SchultzEditor: Garrett SchultzMagic Tavern Logo: Allard LabanTheme Music: Andy PolandYou can support the show directly and receive bonus episodes and rewards by joining our Patreon at https://www.patreon.com/magictavern for only $5 per month. Follow us on X, Instagram and YouTube!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.