In the Energy News Beat - Conversation in Energy with Stuart Turley and Rey Trevino III discuss the current state of the oil and gas industry, emphasizing the ongoing demand for oil, the challenges posed by rising costs, and the role of independent oil companies in the U.S. They highlight the importance of effective cost management, the potential of using stranded natural gas for Bitcoin mining, and the impact of political and economic factors on energy production. The conversation also touches on the differences between energy policies in Texas and California and the upcoming 2024 election.

Rey is on news shows and is a great resource for what is going on in the energy markets. He has his own podcast the Crude Truth, and is also a co-host on the 3 Podcasters Walk into a Bar.

Thank you Rey, for stopping by the ENB Podcast. I had an absolute blast.

Please follow Rey on his LinkedIn HERE: https://www.linkedin.com/in/reytrevinoiii/

Check out Rey's podcast the Crude Truth HERE: https://thecrudetruth.com/

Pecos Operating is HERE: https://pecosoperating.com/

For Audio Chapters

Highlights of the Podcast

00:00 - Intro

00:39 - Current Drilling and Production

01:07 - Importance of Low-Cost Energy

02:28 - Global Oil Demand and OPEC vs. IEA

03:00 - Impact of Rising Costs and Bidenomics

04:00 - Independent Oil Companies' Role in U.S. Energy

04:40 - Family Business Background and Outlook

07:45 - Comparison of Energy Policies: Texas vs. California

10:00 - Due Diligence in Drilling Operations

12:05 - Reworking Wells for Increased Production

13:08 - Challenges and Opportunities in Oil Deals

14:39 - Climate Transition and Economic Impacts

15:06 - Security and Technology in Oil and Gas

16:15 - Gas Prices and Natural Gas Production

18:08 - Bitcoin Mining and Stranded Gas

19:59 - Political Commentary on Digital Currency and Regulation

21:14 - Podcast Performance and Audience Engagement

23:56 - Final Thoughts and Contact Information

25:19 - Closing Remarks