Ep. 193 Braden Copeland Live From The Bakken

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Commodities, Investments, Economics, Trading, News, Stocks, Oil, Uranium, Business News, Crypto, Investing, Crisis, Business, Gold, Industry, Debt, Macroeconomics, Talk, Research, Personal, Geopolitics, Curzio, Finance, Tokens

4.6 • 1.1K Ratings

🗓️ 24 July 2013

⏱️ 68 minutes

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Summary

On S&A Investor Radio this week, I interview Braden Copeland. We interviewed hotel and restaurant employees, real estate agents, managers at oil producing firms, train operators and a few roughnecks. We also took some great footage of several well sites owned and operated by some of the biggest oil producers in the Bakken. Braden and I discuss what we learned from these interviews. We give you several ways to invest in the Bakken - home to one of the biggest oil shale regions in the world. And we break down why fracking is a game changer for the U.S. economy.

Transcript

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0:00.0	S&A Investor Radio looks beyond the regular headlines heard on mainstream financial media
0:07.0	to bring you unscripted interviews and breaking commentary direct from Wall Street,
0:11.0	right to you on Main Street.
0:15.0	How's it going out there?
0:17.0	It's Wednesday, July 24th, and I'm Frank Curzier,
0:20.0	host to the S&A Investor Podcast,
0:22.0	where I break down the headlines and tell you it's really moving these markets.
0:28.4	I had a great trip to Williston.
0:30.8	Went to North Dakota last week to see the Bach and Shell up close.
0:35.0	Absolutely amazing.
0:37.0	It makes the Eagle Ford and the Klein areas.
0:39.0	I mean, you guys know two areas I visited more than once over the past year and it makes these places look
0:45.1	like ghost towns compared to the Bakkin.
0:48.2	Unbelievably busy trucks everywhere hardly any cars and every vehicle has dirt on it.
0:55.0	And you're flying into Williston and North Dakota.
0:58.0	It's in a middle of nowhere.
1:00.0	And the population is 16,000 people, yet there are probably over 300,000 people located in and
1:06.0	outside of the town. That's because nobody wants to live in North Dakota.
1:10.7	I mean the winters are brutal it it's a boring town. So they set up these
1:15.2	places called man camps. They're actually called man camps. A little freaky if you ask me.
1:19.2	That's where people stay. They work 12 hour shifts every day for a few months and go back, see their families come back.
1:25.0	Usually from 6 to 6 they work, then they go out, do what they got to do, come back.
	...

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