First, let me say thank you to Mark LaCour for his leadership in the oil & gas industry thought leadership and for taking on the most critical aspect facing oil companies today. The past failure of the entire industry to defend and educate the world on how the proper use of fossil fuels can lower our footprint and provide low-cost energy to everyone.
We cover some key issues facing the energy market and even have a lot of fun. So, sit back and listen to a podcaster and his fan.
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Mark LaCour, “That’s a great question, so we’re constrained right now from past decisions both by federal politicians and state politicians and also public sentiment.
Actually, Friday, I’m addressing a bunch of students at Berkeley about high gas prices, and they are convinced that the gas company, oil, and gas companies or raping people and wait till I explain to them that Exxon and Shell owned no gas stations in the U.S., right? They don’t even know that yet.
So here, you know, there’s a huge demand. We’re this global energy shortage, which is not going away anytime soon. It was sped up by what happened with Russia and Ukraine, but it was already there. There’s just a shortage of hydrocarbons on the market, and people in the industry know that you can’t just turn it into production overnight, that it takes years with people outside the industry. Don’t know that. “