The Crude Life Morning Show: Play Hard Work Hard Episode 7
Daily Rig Count
source: tradingeconomics.com
HOUR ONE PLAY HARD: Jason Spiess and Sterling discuss the MegaMillions and PowerBall Jackpots and how they would spend the money. Jason cites a list of lottery facts and stories from tax rates to illegals ticket purchases to preying on the poor. Also whether you would rather win the “Bezos” amount or the “Musk” amount.
The Play Hard segment also runs down the list of faces on money. Yesterday, Sterling and Jason were stumped on who was currently on which bill and coin, stemming off Harriet Tubman’s projection to be the new $20 bill.
Man vs. Animal races on Fox, how to quit a job and pull tab inside jobs are just a few side bar conversations.
News, Rumors and Newspeak
Oil-and-Gas Industry Faces a Slow Recovery From Pandemic Lows
Oil and gas prices are rebounding from their pandemic lows, but the road ahead for the industry remains challenging amid new competitive threats and demands from investors.
Global spending on oil and gas production is poised to remain below pre-pandemic levels through at least 2025, according to consulting firm Wood Mackenzie, as companies face pressure to improve returns and reduce their greenhouse-gas emissions. Meanwhile, investment in renewables and other clean energy technologies is taking off, threatening to eat into the market for oil and gas long-term.
Biden Ban on Public Lands To Cost Economy $670 Billion Over 20 years
A ban on oil and natural gas development on public lands by President-elect Joe Biden would severely harm the economies of eight western states, according to a Wyoming Energy Authority study conducted by University of Wyoming Professor Tim Considine. Over the next four years, the human cost of fulfilling Biden’s campaign pledge would be an average of 72,818 fewer jobs annually. Lost wages would total $19.6 billion, economic activity would decline $43.8 billion, and tax revenues would drop $10.8 billion by the end of Biden’s first term in Alaska, California, Colorado, Montana, New Mexico, North Dakota, Utah, and Wyoming. By 2040, Gross Domestic Product (GDP) would decline by $670.5 billion and average annual job losses would exceed 351,000 across the West.
Click here to listen to the exclusive interview with Kathleen Sgamma, Western Energy Alliance
‘Buy Now, Pay Later’ Wave Could Boost PayPal Stock, Disrupt Credit Firms
Buy now, pay later apps from PayPal Holdings (PYPL), Affirm Holdings (AFRM), Sweden’s Klarna and others are shaking up e-commerce by providing consumers with short-term loans — in some cases interest-free — to make online purchases. Analysts expect a boost for PayPal stock and others if this new offering, known as BNPL, gains traction with consumers.
Social SCREAM and SHOUT
WIC works with a variety of industries, including mining, power, petroleum, refining, cold storage, food processing, asphalt processing, and natural gas processing. No matter who they are working with, safety is always our number one commitment.
In HOUR TWO we WORK HARD with our Newsmaker Interview:
Charlie Riedl, the Executive Director for the Center for Liquid Natural Gas
If you’ve been wondering how trade of natural gas globally is faring, this would be a good conversation to listen to. Charlie Riedl, the Executive Director for the Center for Liquid Natural Gas, took some time to talk a bit about some struggles over the past year, an outlook into the future, integration with renewable energy and more.
The Crude Life Daily News Update for the Radio on The Podcast
Sponsors, Music and Other Show Notes
Sponsor of the Day: William Insulation Company also know as W.I.C.
Phone Line Sponsor: Swan Energy, Inc. 866.539.0860
Featured Music: Moody River Band
For sponsorship information on The Crude Life Morning Show Play Hard Work Hard, email studio@thecrudelife.com or click here.
For guest, band or show topic requests, email studio@thecrudelife.com
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