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Oil and Gas This Week

First Friday Q&A on Oil and Gas This Week – OGTW200

Oil and Gas This Week

Mark LaCour & Paige Wilson

Business

4.6582 Ratings

🗓️ 14 April 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

Welcome back to another episode! This week’s episode is our First Friday Q&A for April 2020. You ask the questions and we answer them. Big thanks to everyone who wrote in. If you want to get a question answered for next month’s FFQA, click the link below. Enjoy!               […]

Transcript

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0:00.0

You're listening to the Oil and Gas This Week podcast with Mark LaCour and Jake Corley.

0:12.4

This is the show for busy oil pros who quickly want to keep their finger on the pulse of the industry.

0:19.0

What is going on guys?

0:19.9

Welcome back to another episode of the Oil and Gas This Week podcast. You're listening to episode Big 2-0-0. What's going on, Mark?

0:26.3

And it's Jake's last episode. Damn. I tell you what, Jake, we've got a bunch of people that kind of upset that you're leaving, but we got some good questions. This is the first Friday Q&A. And we just launched our newest show, The Pitch Podcast. So if you're listening to this and you want to get your companies think of a jig or process or tool or whatever if you're trying to sell on a show and actually pitch it, we set an episode just for that. So reach out to me and I'll be happy to make that connection. It's going to be an interesting show. So Warren is a really top in salesperson with a sense of humor, Jake, and he has a

0:54.6

bullshit button. So when somebody's trying to pitch something he thinks it's not true, he's called bullshit and hit the bullshit button. That's awesome. What are they going to be pitching? Anything. And I'm sure you all have this too. So what happened is for years, companies try to buy the way on the shows. Hey, we want to talk about our new process or a new tool or whatever, And we don't let them do that, right?

1:11.2

Because it's just too salesy.

1:12.6

And eventually he said, why don't we don't let them do that, right?

1:11.1

Because it's just too salesy.

1:12.7

And eventually he said, why don't we just set up a show just for that?

1:15.0

And so we're being very open. This is the pitch podcast where you're allowed to come on a pitcher whatever your company's trying to sell. It should be fun. Yeah, that'd be good time. And speaking of fun, we got some reviews.

1:25.3

Great perspective on the industry.

1:27.1

Love both Mark and Jake's view on the industry trends and advice for future operators and O'HoodG pros. The comment about bring your kids to work and see how that would improve your processes with modern tech platforms and tools is very interesting. I wonder how much money could be saved with this approach. Also love the O&G tech podcasters stay on top of these trends and improve its. Keep up the great content, guys. And that's from Smiley 22 from the U.S. And then I start my business week off with this podcast. This is both informative and intimate. I'm not sure if we're intimate, Jake. Mark and Jake are like a couple of old trusted friends, bringing not just the news, but wisdom to the day's stories.

2:01.3

Tune in if you want to know more about the industry, that's from Sean McCoy, who I actually know. So thanks Sean for the review. But if you want to be like Sean and S. Smiley 22 from the United States and get a shout out on the show, just leave us a review. Leave us a five-star review. If you love what we're doing, if you don't love what we're doing, leave us a one-star, tell us what we need to change. Then before we get to the questions, Jake, we had to

2:20.2

somebody tweet something that I just had to throw in a show notes. People want us on the ticket, huh? 2020. Yeah. So it's LeCourke Corley on the 2020 ticket. Somebody tweeted this as far as running for president. And then the funny thing is had somebody

2:34.3

reply and said, it's two Marines. Do you really want two Marines being the president, the vice

2:39.1

president? And then somebody else replied back saying, well, maybe we need somebody from the Navy

2:42.9

Speaker of the House to keep them in check. So it was actually really funny. But Jake and I

2:46.8

don't have any plans to enter politics, at least not yet. Yeah, not definitely for the foreseen

2:51.7

future. All right, guys, you know how this goes. This is the first Friday Q&A. So you guys ask

2:58.0

questions. We try to answer them. Mark requested that you guys try to stunt me this week, so we'll

3:02.8

see what is in the store. I think people realize this, but historically, I've always cite read these. So whenever I read them in the air is pretty much the first time that I read these questions. And so it's all off the top of the dome, so we'll see what we can come up with. So first question is from Shelley Long, Petroleum Engineer. She writes a lot of the show, guys, in the crazy low crude price market. What do you think about a national tax or tariff on imported oil?

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