Episode 149 - Josh is mad at the world | Pioneer CEO advocates regulation | OPEC?

This week, Josh is mad at everything, Ryan is slowly slipping into depression, and we talk about the rising chorus of companies cutting capital expenditure and calling for government intervention. We discuss why the economics of the current downturn would best benefit from being left alone, and talk about how oilfield workers can go about getting new jobs.

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics - https://amzn.to/3dDzpDX

Basic Economics 5th Edition - https://amzn.to/2QYNzpD

Latest Coronavirus stats - https://www.worldometers.info/coronavirus/

Find our post on sales tips - https://www.texasoilandgaspodcast.com/sales-tips

Buy your Polar Plunge t-shirt: https://texasoilandgaspodcast.com/plunge

Follow the Texas Oil and Gas Podcast on Twitter - @TOGPodcast

Follow Ryan on Twitter - @ryanraysr

Follow Nate on Twitter - @OilMediaNate

Connect with Josh on LinkedIn - https://texasoilandgaspodcast.com/connect-with-josh

Connect with Ryan on LinkedIn - https://texasoilandgaspodcast.com/connect-with-ryan

The Texas Oil and Gas Podcast on LinkedIn - https://www.linkedin.com/company/35588693/admin/

We're looking for a new sponsor! Get in touch with us TODAY for a proposal - nate.hansen@gor2.com

Leave a 5 star rating and review! - http://apple.co/2mkM3AS

Contact the show via text or voicemail - (318) 599-9192

Visit our website - http://www.texasoilandgaspodcast.com/

Buy Ryan's book - https://amzn.to/2CBOtAo

This week's articles:

https://finance.yahoo.com/news/devon-energy-provides-revised-2020-105510648.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGzxRywdglUv7c79oSAfRcaLbFpl_3v4PWtdesiQ4Io1N1Ffw57ITQ8RK841sDNKqTRR-0_drG5O9rAlrTqpBmcU8WiR1PLzS8pT57sDG2XhXvr9TBYWrx4gVhBRpXC5y05blekI5DUZR_rsyY_djjCD-fkLi5QnSVJNIbTpISTr

Energy Industry Giving Back

https://www.mrt.com/business/oil/article/Energy-industry-is-stepping-up-15164309.php

Economic News

https://www.mrt.com/business/oil/article/Energy-economist-Production-cuts-won-t-work-15164280.php

https://www.mrt.com/business/oil/article/Opinion-Oil-gas-industry-should-stand-by-15161849.php


https://www.mrt.com/business/oil/article/Oil-s-60-crash-is-the-tip-of-an-iceberg-15156322.php

https://www.mrt.com/business/oil/article/Local-oilman-highlights-Saudi-presence-in-Texas-15152191.php


https://www.mrt.com/business/oil/article/Guest-Opinion-Trump-should-put-tariff-on-oil-15151022.php


https://www.mrt.com/business/oil/article/Researchers-expect-industry-slowdown-will-15149212.php

https://www.mrt.com/business/oil/article/Oil-crash-could-further-hamper-M-A-market-15149175.php


https://www.hartenergy.com/news/us-shale-executive-warns-global-oil-glut-will-not-clear-soon-186678



https://www.oilandgas360.com/pioneer-natural-resources-ceo-warns-independent-oil-companies-could-go-bankrupt-if-production-continues-amid-coronavirus/

Pipeline/Exports to Mexico

https://www.mrt.com/business/energy/article/Pipeline-operators-ask-oil-companies-to-stop-15164074.php

https://www.oilandgas360.com/falling-latam-demand-deprives-u-s-refiners-of-top-customers/

https://www.texansfornaturalgas.com/five_facts_about_the_us_mexico_energy_relationship

Company News

https://www.mrt.com/business/energy/article/Apache-makes-deeper-cuts-while-its-Permian-Basin-15161716.php

https://www.mrt.com/business/oil/article/Pioneer-CEO-Supermajors-prefer-all-the-15162115.php


https://www.mrt.com/business/oil/article/Land-company-focuses-on-liens-bankruptcy-15149198.php

https://www.hartenergy.com/exploration-production

https://www.hartenergy.com/news/oil-companies-cut-hundreds-jobs-texas-new-mexico-186598

https://www.oilandgas360.com/exxon-may-crush-bailout-hopes-for-suffering-fracking-companies/

https://www.oilandgas360.com/apache-makes-deeper-cuts-while-its-permian-basin-rig-count-goes-to-zero/

https://www.oilandgas360.com/oxy-enacts-pay-cuts-amid-deeper-budget-cuts/

https://www.oilandgas360.com/chevron-ceo-says-the-dividend-is-the-companys-no-1-priority-and-is-very-secure/

https://www.oilandgas360.com/exploration-firm-block-energy-agrees-to-acquire-schlumberger-subsidiary/


Future of O&G News

https://www.mrt.com/business/oil/article/Oil-crash-could-delay-investment-in-energy-15164355.php


https://www.hartenergy.com/exclusives/stimulation-fleet-future-186070



Water News

https://www.mrt.com/business/oil/article/Rising-demand-to-repurpose-produced-water-fuels-15164373.php

https://www.mrt.com/business/oil/article/Midkiff-farmer-Encore-Green-team-on-produced-15164358.php


https://www.hartenergy.com/exclusives/rise-water-midstream-186180

G-20 and Saudi Russia price war

https://www.mrt.com/business/oil/article/G-20-may-step-into-Saudi-Russia-oil-price-war-15157491.php

Earthquake hits Permian

(News unrelated to market/coronavirus to help shake things up a little *da-dum-tss*)

https://www.oilandgas360.com/record-5-0-magnitude-earthquake-hits-near-permian-basin-town/