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- [00:11]
A
You're listening to the Oil and Gas this Week podcast with Mark and Paige lacour. This is the show for busy oil pros who quickly want to keep their finger on the pulse of the industry.
- [00:27]
B
You're listening to the Oil and Gas this Week podcast sponsored by Nabis. This is the show for busy oil pros who want to quickly keep their finger on the pulse of the industry. Thanks for joining us for episode 400.
- [00:37]
A
Mark and I told you that episode 400 we're going to do something special. Paige, do you think our audiences notice the change in our voiceover at the beginning of this episode?
- [00:47]
B
Maybe. Or maybe my name change on LinkedIn?
- [00:52]
A
Your name changed more than on LinkedIn. So audience, Paige and I got married. We really did. I do know that the day that we picked to get married some people may think is a joke, but it's not. We have been very professional, but we have also been a couple for quite a while and it was time to do the deed and we did it. Wonderful ceremony and nothing is going to change other than the fact that Paige now shares my last name.
- [01:15]
B
Yep.
- [01:16]
A
And we actually probably will talk more of this on behind the Curtain.
- [01:19]
B
Yeah.
- [01:19]
A
However, to go from moment of joy to a moment of maybe not joy, we got a review. You want to read it?
- [01:27]
B
It's a novel. I'll stop in a couple of spots so you can respond. It's a one star show number 399. Time to push back. Dear Mark and Paige, where to start? I've been one of your early followers. In fairness, I may not always agree with what you say. I do respect the options you share. I assume he meant opinions. That said, show number 399 saw you stepping far outside what would be considered credible. It's time that this behavior was called out.
- [01:57]
A
Where we're going here is political. If you listen to us for any length of time, you know that we struggle. We did not want to talk politics on this show or any of our shows because it's so divisive. But at some point it became such a major driver in the oil and gas industry that we had to. So we talk politics now. You want to continue?
- [02:13]
B
Yep. If you want true credibility and respect in countries where oil and gas is important, not somewhere like Hong Kong really doesn't count, then you need to be less of a fanboy for the current US Administration. Please focus upon the oil and gas industry and take a balanced approach since some of the impressionable minds who listen to you may take away a flawed understanding.
- [02:35]
A
Okay. All your impressionable Minds do not walk away with a flawed understanding. Please. Okay.
- [02:41]
B
I recognize your service. Thank you for your service. But to go as far as to present the Trump administration as the following is misguided, strategic. This is not a war. Since Congress has not approved of this military activity, let's stop right there.
- [02:58]
A
Here in the US Congress is supposed to approve an official war, but the commander in chief is also our president. We do that on purpose. And historically, US Presidents have engaged in many military actions without formal declarations by Congress. Korea, Vietnam, Afghanistan, Iraq, all that was done without congressional approval. So US Politics are a little daunting. I understand that. But this is totally within lines of what's happened in the past and what will happen in the future.
- [03:25]
B
What was stopping the President from seeking Congress approval? Perhaps there are events domestically that he needs attention. Shifting from is not strategic thinking. Forward planning. Blind Freddie could have told you Iran. I don't know who Blind Freddie is, but could have told you that Iran would close the Straits of Hormuz. They have been preparing for this since 1979 and learned many lessons during the Iran Iraq war. Where was the US Strategic thinking here? Did this leave the Pentagon with the experienced and knowledgeable senior staff that had been dismissed by this administration? Where are the voices guiding the President? Or in this case, of too many yes men, Unable, unwilling to present counter perspectives?
- [04:10]
A
Yeah, do we have his name?
- [04:12]
B
No, he did not leave a name.
- [04:14]
A
35 year old oil and gas veteran. I'm really not flaming you, I'm really not making fun of you at all. Couple of things here. First thing is basically, if you haven't figured out Donald Trump's game, it's pretty easy thing. He's an extremist, he speaks his mind, but there's strategy around everything he does. My suggestion is there's a book that's about, I don't know, 15 years old called the Art of the Deal. Go read it. It is literally Donald Trump's playbook. I read that book years ago. I've read it recently. Think about Donald Trump. Remember the invasion of Greenland, Remember us annexing and taking over Canada. That's just him throwing out something that's absolutely wild, headlight grabbing. And what he's doing is he's moving, moving the negotiation needle. He's doing the same thing here. So if you're bought into him being crazy, not being strategic, he's actually winning. And it's a really simple process. Right? You start with an extreme position, use attention grabbing headlines, you create a sense of urgency, you keep the other side guessing. About what your true intent is way and then you're willing to walk away from the deal if it doesn't meet your standards. This is literally how he's operating. Go check out the book and what you see our current president do will make a lot more sense to you.
- [05:19]
B
All right, geniuses. To describe lifting sanctions on Iran oil just to keep the world in this manner is surely an overreach. This act is a reaction by a president that is remarkably bullish and yet thin skinned when prices that his actions caused to rise unnecessarily begin to affect his popularity.
- [05:38]
A
Stop there. He could care less about his popularity. He's not going to be reelected yet. It's illegal. This is his last shot. And quite frankly, with the straits closed right now while we're recording, oil is still below $100 a barrel. So I would say it did work.
- [05:50]
B
Military astute. Frankly a frat boy approach from the secretary of the ridiculously titled Department of War. Negotiating with bombs is juvenile at best and homicidal at worst. Is a former Fox presenter really qualified to lead this department? Even allowing for his previous limited military experience acting in a measured and considered manner to act unilaterally then to complain about lack of support while being unable to send his own navy into the Straits of Hormuz.
- [06:20]
A
You know what? This goes on and on. You know what we'll do people, because I know you want us to get to this show. We'll copy and paste this in so you can actually read this entire review. Get toward the end page. So he goes.
- [06:32]
B
The comment about Allies speaking German.
- [06:34]
A
Yeah.
- [06:35]
B
Is not only wrong but disrespectful to the thousands of allied and US service personnel that laid down their lives for a better world. As a former Marine, first off, once a Marine, always a Marine.
- [06:46]
A
Thank you for that wife.
- [06:48]
B
Come on Mark, you're better than that.
- [06:51]
A
This is where I want to get a little hot under the collar. But I'm not. Couple of things. So first thing, 35 year old oil and gas veteran, let's chat about this on the microphone. I have a show called the Balance Point where we have two sides that don't agree. Have a discussion, see what they agree upon or what they don't and what the rationale is wide. So I'm extending you an open invitation for us to finish this conversation as professionals. We will record it with no editing and put it out for the public to listen to. Very simple. Since I don't have your contact information, please do me a favor, shoot an email tomarketing g g n.com that's marketing.com. give me your contact information and let's arrange for us to finish this conversation on the microphone on the balance point. As far as my comment about speaking German, would love to know what I don't understand about World War II. The Eastern Front, the Western Front, both would have been lost without US involvement. Pacific theater. Japan just would have ruled the Pacific without us stepping in. And qu Quite frankly, our manufacturing might is what allowed the Allies to survive and eventually win this war. But like I said, let's have this conversation on the microphone, on the balance point. So audience, as soon as we get this episode recorded on this show, I'll mention it. So you can go listen to myself and 35 year old oil and gas veteran while he tries to put me back in my lane, it looks like.
- [08:06]
B
Yeah, yeah. Because apparently we're supposed to feel embarrassed.
- [08:09]
A
And in all sincerity, even though obviously you got upset with what I have to say, thank you for the review and thank you for being a listener. One of the things that has bothered me for the last say 10 years or so is the fact that the extreme amount of disagreement that's going on in this world, it doesn't have to be that way. You can have differences of opinion and still get along. So apologies that upset you so much. But like I said, please shoot me a note with your contact information to marketing.com. let's get on the balance point and finish this conversation.
- [08:37]
B
All right, let's get into the news stories already. First up, we have first oil gushes out of North Sea project.
- [08:44]
A
I would have lost money on this. Congratulations Acura. BP first oil prediction from the production from the summer field Northwest north nine months ahead of original schedule. I thought that all the major fines have been accounted for and the ones that they haven't drilled yet just weren't financially viable. I was wrong. This is great. In such a mature part of the world, they're able to tap into new fields now. They need some subsea tiebacks going on here. And of course our friends at TechNEF FMC are doing what they do best. They're helping over there. And then this tieback is allowed them to do some of the processing in the North Sea itself, which is crazy. I still think it's cool. I have a secret love affair at the offshore subsea world. But at the same time, once they do some of that processing, they can ship it back to shore through a set of pipelines. This is absolutely fantastic new oil in the North Sea. And this is one of many to come.
- [09:30]
B
All right, next up, US oil slips below $100 as Trump demands reopening of the Strait of Hormuz.
- [09:36]
A
Yeah, as the time recording, I just checked oil prices and they are still below $100. Mr. 35 Year Old Oil and gas veteran. There's still so many unknowns that are going here. But let me tell you, Paige, we're going to get further into the news stories and I'm starting to see a trend and it makes business sense to me right now as the day of that we're recording this, the straights close. US And Iran have walked away from negotiation table. I didn't expect them to come to agreement the first round. It never happens that way. However, let me tell you what the world has realized. We have a constraint and that constraint is somewhat if not totally controlled by a political organization that doesn't necessarily like the western world. So you know what's going to happen? We're going to remove that constraint. This is the industry of engineers, of people that do stuff, get stuff built. I don't know if they're going to build a massive pipeline. I don't know if they're going to build another canal, think Suez Canal or Panama Canal. Somebody's going to do something. So in the future this constraint will never happen again. Iran, I know we have listeners there. I don't know if you have the ability to listen to us right now.
- [10:33]
B
I don't think so. I think everything's still offline.
- [10:36]
A
But if you're listening right now, this is your one point in history to use your lever, your big lever you have which is that straight somewhere in the near future, I would suspect in the next 10 years, the oil and gas industry in the world is going to remove that constraint. I don't mean military. We're going to find another way around to move hydrocarbons without having to go through that strait. Oil is still right around $100 a barrel. The price of the pump all over the world has gone. Unfortunately, it's gone up a lot in Asia Pacific. It's gone up here too. I'm spending probably 25% more to fill my car up than I was before the war started. Unfortunately, I don't see any immediate end to this. There's been a few vessels that have made it through, but not enough to get supply back to where it should be. We're still in negotiation. The war is still going on. It's constantly changing. So we can't do anything else but keep an eye on this.
- [11:22]
B
What's next weeks if not months, straight up Hormuz tanker traffic won't normalize anytime soon.
- [11:29]
A
Yeah, read this article, people. Links are in the show notes, as always. There's a guy in here named Niles Haupt who's a communication chief at Habig Lloyd. They're one of the largest shipping firms. And basically his quote is, even if the conflict ends today, it will be months before traffic resumes. And I think he's right. Number one, once the agreement comes in place, the insurance companies of the tankers are very risk adverse and they're going to slowly try to see it, make sure nothing happens to their investment, the tankers and their cargoes accrued before they let all the tankers go through here. So there will be some tankers that will go through first. And they're basically, it's a proof of concept. If you remember the last time that the strait was conditionally constrained by the Houthi rebels, it never really got traffic, never really got back to where it was before because of that risk. And I know that same mentality and the same business driver is there. As long as Iran controls the Strait of Hormuz, it doesn't matter what agreements we come in, it's always going to be a risk. So we're going to try to mitigate that risk by being very careful. Which means the volume that we need to get that 20% of the world's cruise supply back to that strait, it's just not going to happen happen anytime soon. So unfortunately, things like prices at the pump, cost of fertilizer, which is going to affect food next growing season, liquefied natural gas, all that sort of stuff, it's gonna be a while for prices get back. And then, Paige, one of the things I'm worried about really is a global recession. We're in a good place here in the US And Europe's in an okay place, but Asia Pacific is not fingers crossed that we get some type of to this conflict so we can get oil back flowing through the straits.
- [13:00]
B
All right. Delta CEO says airline will meaningfully cut growth plans, seize 300 million boosts from its refinery.
- [13:09]
A
Yes. So if you don't know this, Delta Air Lines actually owns a refinery. Believe that refinery is in Philadelphia. There was an old refinery they bought and then they've stood it up and they're running it under a subsidiary of theirs called Monroe Energy. It's right along the Delaware River. It does about 185,000 barrels a day. And it basically supplies reliable, cost effective jet fuel for Delta's operations in the Northeast, especially JFK, I think LaGuardia as well. Now, Delta did that years ago to mitigate their cost of fuel. However, there's more to this story, and this is only a little bit deeper into this. And everybody's gonna think I'm crazy. When I'm looking at the world's economic growth, whether it's speeding up, slowing down, staying even, I look at a couple of things. I think I've said this before. A couple of years ago, I look at the Baltic Dry Index, which is basically the cost to rent a sea can. So you've everybody seen those big metals, rectangular, contain big ships that haul your Amazon, order food, whatever, all around the world. You rent those, the companies rent those. And so I look at the price of those. When the prices are going up, that means everything is going. And we're not headed toward a recession. The economy's doing well. The other thing I look up is number of commercial airline miles flown, right? As the world economy does better, the more business people fly. And as the world's economy slows down, less business people fly. And this is directly this Delta Airlines story. I'll promise you I'm going to tie this together. And then I look at. And everybody's think I'm crazy. I look at the number of F150 Raptors that are for sale in Midland, Texas. That's another indicator. So those three things help me understand what's going on in the world's economy. For Delta to say that they're slowing down their demand, their growth, because they think the demand for airlines will go down, which means there's going to be less need for jet fuel, even though they have their own refinery, like I mentioned earlier, is one of those things that I look at to see where the world's economy is going. And this is a danger sign for me that one of the major airlines are saying we're not going to need as much fuel for my own refinery. Refinery. And our growth plans, we're going to scale back because we think the future less people will be flying. This makes me think we might be headed toward a world recession. Now, the Baltic Dry Index is still very strong right now, as well as the number of F150 Raptors being sold in Midland, Texas. So only one of my indicators is being pinged right now. But keep an eye on this in Delta. One of the smartest things I think you ever did was to buy a refinery. I made fun of you when you did it. What I didn't know is instead of having Delta employees Run it. You hired some of the best refinery people in the world to retrofit their refinery and bring it up to modern standards. That was genius Delta.
- [15:38]
B
All right, next up we have Vance files out after talks with Iran fail. Saudi's restore pipeline.
- [15:45]
A
Yeah, Abyss mentioned the negotiations failed. Both sides walked out the door. This is actually done in Pakistan if I remember right. This type of thing is going to take multiple seats at the negotiation table by both sides to come to agreement. Some of the things we're asking for I think make total sense. Some of the things Iran is asking for I think on their side also makes total sense. The wild car here of course is Israel and then what is the US could do with the mass amount of warships we've built up in that part of the world. I still don't think there's going to be a ground war in Iran. It doesn't make sense to me. I do see them putting boots on the soil, on the beach in Iran, in the straits to capture all of the drone and missile batteries so that they can no longer harm ships. I can easily see that happening. That would make sense to me. So not a full out land invasion which would cost lives and take forever. Let's take over what the bad guys are using to shoot at ships in the strait so that they don't have the ability to take those ships out which will make things safer for the tankers that are out there. I can't comment any more on this because if you don't know this, what you read in the news and what on social media is actually not military intelligence. They have way more information than we will ever have. And as somebody that at one point had top secret security clearance, the general public just can't know about what's going on here. So we have to trust that our leaders are doing the right thing for our people and also for their people people. And what I'm really hoping is we can come to some type of resolution. The one thing is for me and hopefully for the US negotiating team, including Vance, the ability for Iran to manufacture a nuclear weapon is a deal breaker. I think that's the one thing that we can't give in on everything else I think there's some place to move there so we'll see where the negotiations go. I don't even have enough information to even guess. I do know that the people Iran are suffering right now. I also know that a lot of Middle Eastern countries are really getting upset with a unilateral damage to their population and to their infrastructure. So Iran has a lot of people, a lot of big guns, literally, figuratively point at them. And they know that. What's next?
- [17:44]
B
All right, we have some breaking news.
- [17:46]
A
US Imposes naval blockade as Trump demands Iran in nuclear program in the middle of US Recording this just came through the news wire. We don't know what's going on. We do know that peace talks have totally broke down over Iran's nuclear program and that the US Is implementing a naval blockade, which of course, speaks volumes to all the ships that been moving for the last couple weeks in that area of the world. We don't know what's going on, folks just know that this is the next step in the war. This is an escalation. We've had sanctions against Iran for a long time. This should totally shut down all traffic in and out of Iran, which includes things like food, medical supplies, humanitarian services, anything and everything. Now, I do suspect that the U.S. navy is going to allow humanitarian services to go through, but everything else is probably locked down. We will have an update on this on our next show page. Let's get back to the regular scheduled news stories.
- [18:35]
B
All right. Asian fuel importers look to Saudi ports amid Hormuz uncertainty.
- [18:42]
A
All right. Because of what's going on with Iran. I spoke about this earlier about Asia Pacific areas hurting more than anybody else. The Asian Asia Pacific fuel importers are redirecting their ships to Saudi ports to avoid that disruption in the straight or hurricane has blocked most of the ships from the Strait of Hormuz. And now that I just told you, there's breaking news that we have a US Naval blockade, there's going to be even less traffic through there. But the Asian nations have suffered the worst because of what's going on with this war, because their reliance on oil and gas from the Middle east, which almost all of it passes through the Strait of Hormuz. So of course they're looking for different routes. And these Saudi ports are working. It's just going to add cost. What's next?
- [19:19]
B
Iran war raises demand for U.S. fuel, boosting Gulf coast refining margins.
- [19:24]
A
Now, one of the conspiracy theories you will hear out there that is based upon a lot of facts is that this, what's going on in the straits are moose in the war with the US And Iran is just a way for the US to capture more global market share with its own hydrocarbons. Now, we have a ton of oil. We have a ton of natural gas. Depending on how you measure it. We're number one or number two producer of both of those hydrocarbon Products. What's happening now in the world is because about 20% of the middle Eastern supply is off market because of the war. Companies and countries are having to find oil and gas from somewhere and they're buying it from the US but they're also buying refined fuels. Now the reason I call that conspiracy theory is that and if you listen to the show for any length time, you know this, there's not just crude oil. There's different weights and different types of crude oil in different parts of the world. The refineries are set up to handle different types of crude. And you can't just mix and match. You can't take light sweet crude from the US and dump it to heavy seal sour crude. Refinery won't be very efficient or vice versa. So that's why there's a lot of truth in that. But it's the reason for the war because it just doesn't make sense from a physics point of view. However, refined goods, we're killing it right now because of this war. The refining margins are through the roof. The strongest margin that the Gulf coast refineries here in the US have seen in 10 years. Also utilization. Remember during the refinery I talked about how the refineries are running 94, 95, 98% since the pandemic's been over, they've been running back their normal around 80, 82%. Right now the U.S. gulf Coast Refine are running 95%. So they're running wide open. Think printing money. U.S. refined products export have reached record highs last month in March. Ultra sulfur low fuel Diesel is over $72 a prima over WTI crude, which basically means the diesel's worth twice was worth $40, worth $72. And then this export demand, refined goods is just going to keep going through the roof as long as this war continues because there's a gap in the market. Now the biggest thing here is the winners. The winners are the petrochemical and the fuel refineries, especially the independents, Marathon, Phillips 66, Valero, PBF Energy. They're killing it right now by the way. Hopefully if the US government's listening to this, do not even consider a windfall tax just because right now the US Gulf coast refineries are killing it. Because you have to remember we were losing our butt during the pandemic. But Iran war has erased this demand. US hydrocarbon molecule is being moved all over the world as long as as well as our refined products. And we will capture some market share from this for US hydrocarbons whether we keep them after the war is over is we'll see. I suspect we'll keep some of and some of it will go back to normal. What's next?
- [22:00]
B
Hexagon to buy Baker hughes Waygate for 1.45 billion.
- [22:06]
A
Yeah, I knew Hexagon also knew Waygate. Paige, the longer I see where Baker Hughes has gone with their current leadership, the more I'm convinced they're trying to get away from their traditional oil and gas business. Waygate made money. It was part of their non destructive testing, which Baker Hughes was actually really well known. For them to sell this off. I do know they're making a profit off selling off, but the business unit is already making money. For them to sell this off and say they want to get back to their core business. I don't understand how they're getting back to their core business. To me, they're walking away from their core business. Hopefully. If you're listening, Baker Hughes, upper management management. Look at what your competitors do and look at what their share price is compared to yours. Not sure this makes sense. Now for Hexagon, it makes absolutely 100% sense. Hexagon, I think they make a lot of the tools and the sensors used to build digital images of things like pipelines and refineries. And so this non destructive testing, just like another layer, it makes total sense for them to pick this up. This is a good deal. The nice thing is because Hexagon really didn't have anything similar to Waygate. There's not going to be a bunch of layoffs. They're gonna just. Everybody's just gonna move over. They're gonna keep their jobs.
- [23:09]
B
Which is great.
- [23:10]
A
Yeah, which is great. I think this is a great acquisition by Hexagon. Baker Hughes, I don't know what you're doing. What I'm hoping is somewhere down the road, pull something out of a hat that I wasn't expecting. I go, oh, that's why y' all been doing this all this year. But from this point, at this point in time, looking at what Baker's done for the last, say five or so years, it really seems like they're walking away from their traditional hydrocarbon business. I don't think that's smart. And Baker, I'm a shareholder. What's next?
- [23:35]
B
Microsoft, Chevron signed $7 billion Texas AI data center power deal.
- [23:41]
A
Paige, it seems three years ago, somebody's predictions on this exact show. We talked about this exact thing three years ago. This is great. Bottom line, you've heard me talk about this before. This is proof. In the pudding Basically Microsoft and Chevron have a joint venture. They're investing $7 billion. They're building an enormous electrical, gas fired electrical generation facility that is going to be there. So it's not going to be part of the public utilities. They're useless electricity to power their data centers. And watch, they're going to sell that electricity to power other data centers. The cool thing is they're actually using a lot of gas, a lot of flare gas, so it's better for the environment. And this massive infrastructure investments could create I don't know how many jobs in West Texas as we're building this enormous behind the meter electrical generation, natural gas, electrical generation. The Permian, you just keep making money hand over fist. This is going to be outside the Permian once again. They're going to be using, well, gas. I love the name of the joint venture. It's engine number one. This facility is supposed to, off the gate, generate 2,500 megawatts of electricity. That's enough to power a couple large data centers. Which once again goes back to my original thing that this isn't just for them. This is something they're going to put on the market. This is going to fundamentally change the way data centers are powered. The good thing about this is it doesn't affect anybody's electricity prices since they're building their own electrical generation. It's going to be modern, so it's going to be ultra efficient. So it's going to be great for the environment, it's going to be jobs. And quite frankly, I think it's going to change eventually here in Texas and eventually us and eventually world. The business model for buying electricity. I think somewhere in the near future I'll be able to pop down my credit card and buy electricity from Amazon, Microsoft, Google. And because it'll be modern new infrastructure, we're not going to have the outages, the brownouts and it should be cheaper, more reliable and better for the environment. I love this. I want to see more of it.
- [25:31]
B
All right. 10 workers suffer injuries as fire breakout at Asian offshore oil platform.
- [25:37]
A
Unfortunately, this happened outside of Mumbai, India. This is a company called ongc, which don't ask me what it stands for, I can't remember. I know oil and gas is in there somewhere because it's ong and she really shouldn't be laughing. They had a fire platform, they got the fire under control, then they extinguish it. Unfortunately, 10 people got hurt. Looks like they're just minor injuries, which is good. So nobody seriously is hurt. Gratefully, nobody died. Unfortunately, this brought the platform down. This is one of the, this, by the way, this platform's owned by the India's state owned oil and gas company ongc, which I still can't remember the name of, but this is part of the world that their demand for energies could continue to go up as India's population grows, grows, they're going to explore and find more hydrocarbon finds that they're going to tap into. And good thing about this, it was a learning lesson. Nobody got seriously hurt once they do the root cause analysis. Let's hope they never make the mistake again that caused this happened. I'm just glad everybody is okay.
- [26:32]
B
All right, let's end it on a good note. Oxy's employees support Hunger Action Month with meal donations.
- [26:39]
A
I love our industry. So Oxy helped provide more than 24,000 pounds of food, which I think equate over 30,000 meals for families in States United the need. And this is just one of those things that we do as an industry that we don't talk about. And so Paige and I try to highlight this when we can on this show. This is Oxy's employees donating their money, donating their time and helping feed people that are hungry. I don't think it gets any more noble than that. So Oxy, from the bottom of my heart and oggn's heart, thank you for doing this. I know you're keeping up because I know your company very well. And people, when you think of a big oil, think of big health help. Because that's what we do.
- [27:14]
B
Yep, absolutely.
- [27:16]
A
Mid roll. That's what it says in my notes here. Newly married man, I can't think straight. So mid roll, very simple. We're trying to grow our YouTube channel. Please help us. And if you help us, we'll give you something cool. Go to our YouTube channel, just search for Oggn, comment on any video, I don't care what you say. Then take a screenshot of that video, email it to marketing gn.com markingoggn.com and also include your address. And what we will do is mail you an OGGN Hard Hatter laptop sticker. And a temporary tattoo page is mailing those out in batches. So if you haven't gotten yours yet, you will promise when you get it, if you take the temporary tattoo and put it on yourself, your spouse, your child and take a picture of that and send it to us, we will send you an Ogg ins shirt. Super simple. Go to our YouTube channel, comment on one of our videos, take a screenshot shot. Email it to marketing.com and we'll send you some cool swag. Sign up for our two Newsletters One is Oil and Gas Events Newsletter. So if you want to know about all the oil and gas conferences, trade shows, events that are going on around the world, we put in your inbox once a month. It's absolutely free. And then we have our weekly update that which is fun, funky, got recipes from the oil field, a bunch of cool stuff in there. Sign up for that one weekly rig Count page. Where are we?
- [28:28]
B
All right, we're down 3 at 5:45 in the United States. United States. Canada's down 7 at 135 and internationally we're down 54 at 10:58.
- [28:38]
A
Yeah, I don't like where those numbers are going, but with everything that's going on in this world, at least there's rigs working. Merch. We're the number one oil gas merch writer on the planet. Go check out our store. I have heard of. I have heard you audience. All of y' all are clamming for more kids clothes. I don't know why it tickles me to death that we that's our number one seller. But we heard you and the marketing team's working on some new designs. We'll have some new kids clothes out there probably by by May you like myself or your experts to come speak at your event. Let me know. Happy to share the details. First Friday Q& A is right around the corner and audience, we're going to do something different with First Friday Q& A. We're going to start shooting video. Our first Friday Q&As. It just it lends itself to video.
- [29:18]
B
Mark just really wants me to put
- [29:19]
A
makeup on and I really want.
- [29:22]
B
No, I'm just kidding. I'm just kidding.
- [29:24]
A
No, not. You're beautiful out makeup. Thank you. Anyway, first Friday Q&A should be our next one out. It'll also be a video on our YouTube channel. We've done a lot and we have to get out of here.
- [29:33]
B
Yes we do.
- [29:34]
A
Remember folks, do great work, pay it forward and we will see you next time. Thanks for listening to oggn, the world's largest and most listened to podcast network for the oil and energy industry. If you like this show, leave us a review and then go to oggn.com to learn about all our our other shows. And don't forget to sign up for our weekly newsletter. This show has been a production of the Oil and Gas Global Network.