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เข้าร่วมเมื่อ 31 ม.ค. 2022
Veriten is a research, investing, and strategy firm that draws from its energy-focused network and knowledge platform bringing diverse perspectives to the long-term energy discussion, helping our industry partners and investors improve strategic decision-making. Additionally, we leverage our research and strategy work and apply that analysis to NexTen fund’s investment strategy. Independent and employee-owned, we are committed to truth in energy, strength through partnership, rigorous analysis and research, and intellectual honesty. Through our public content, we aim to educate, inform and collaborate with energy producers, energy consumers, academics, politicians, policymakers, and other open-minded individuals and organizations.
"We Have Two Problems In Our State: Flaring And Unreliable Power" Feat. Mayor Lori Blong, Midland
Today we were honored to host Mayor Lori Blong of Midland. Lori is a proud Midland native and previously served on the Midland City Council and as Mayor Pro Tempore before being elected Mayor in 2022. In addition to her duties as Mayor, Lori is a Founder and Partner of Octane Energy. She began her career as an educator in the Permian Basin and has deep ties to the community. We were thrilled to hear her insights on the Midland energy sector and broader community.
In our discussion, Lori shares data on Midland’s demographics and consistent population growth, highlighting that the city’s largest age groups are 0-10 and 30-40 years old. We touch on the influx of workers and families from across the US and the world, growing demand for retail and lifestyle amenities, and recent commercial and national defense developments at the Midland Air and Space Port, including the development of a high-speed corridor for supersonic and hypersonic testing. Lori shares how Midland is addressing worker shortages through partnerships with local universities, the city’s pro-development attitude, her inspiration to run for Mayor, priorities in improving community education and healthcare, and navigating the complexities of political campaigning. We discuss Lori’s working partnerships with Congressman Pfluger and Senator Sparks to secure federal and state support, major infrastructure and transportation projects in Midland and the Permian Basin, and the critical support that the Permian Strategic Partnership (website linked here permianpartnership.org) and private investments have provided to bolster infrastructure and community services. We also cover Midland’s long-term water planning, the importance of reinvesting in Midland, the city’s high GDP relative to its population, opportunities to leverage excess natural gas for power generation, the city’s confidence in its economic resilience, and much more. We ended by asking Lori for her vision of Midland in ten years. As you will hear, Lori is incredibly passionate about helping her community and we greatly enjoyed the discussion.
Mike Bradley kicked us off by highlighting that the key word to describe market action right now is "digestion" as Trump begins nominating his Cabinet picks and investors begin to ponder how they might affect future policy. On the crude oil market front, WTI has traded sideways to slightly lower (~$69/bbl) this past week due to a surge in the U.S. dollar which is creating a short-term headwind for dollar denominated commodities. WTI prompt spread has moved into contango, signaling a loosening oil market. OPEC recently lowered its 2025 oil growth assumptions (again) which likely forces them at their December OPEC meeting to delay unwinding current production curtailments until sometime in Q1. On the broader equity market front, the S&P 500 was down a couple percent as markets were oversold prior to the election, jumped by ~4-5% post-election, and are now pulling back as Trump's equity market euphoria looks to be fading. He noted that broader equity markets will be laser focused on NVIDIA’s results after the close on Wednesday, so expect pent-up market volatility as investors are hoping that Blackwell revenues are exceeding expectations and that the AI momentum trade is still intact. On the energy equity front, it was one of the few S&P sectors up last week (~1.5%) and energy investors seem to be very enthusiastic with Trump's picks for the Department of Interior (Doug Burgum) and the Department of Energy (Chris Wright). He ended by noting that a handful of SMR (nuclear equities) rallied 15-20% on expectations that the new Administration would be favorable to this technology. Jeff Tillery added his perspective and questions to the discussion.
We hope you enjoy the conversation with Lori as much as we did. She was fabulous! Thanks to you all!
In our discussion, Lori shares data on Midland’s demographics and consistent population growth, highlighting that the city’s largest age groups are 0-10 and 30-40 years old. We touch on the influx of workers and families from across the US and the world, growing demand for retail and lifestyle amenities, and recent commercial and national defense developments at the Midland Air and Space Port, including the development of a high-speed corridor for supersonic and hypersonic testing. Lori shares how Midland is addressing worker shortages through partnerships with local universities, the city’s pro-development attitude, her inspiration to run for Mayor, priorities in improving community education and healthcare, and navigating the complexities of political campaigning. We discuss Lori’s working partnerships with Congressman Pfluger and Senator Sparks to secure federal and state support, major infrastructure and transportation projects in Midland and the Permian Basin, and the critical support that the Permian Strategic Partnership (website linked here permianpartnership.org) and private investments have provided to bolster infrastructure and community services. We also cover Midland’s long-term water planning, the importance of reinvesting in Midland, the city’s high GDP relative to its population, opportunities to leverage excess natural gas for power generation, the city’s confidence in its economic resilience, and much more. We ended by asking Lori for her vision of Midland in ten years. As you will hear, Lori is incredibly passionate about helping her community and we greatly enjoyed the discussion.
Mike Bradley kicked us off by highlighting that the key word to describe market action right now is "digestion" as Trump begins nominating his Cabinet picks and investors begin to ponder how they might affect future policy. On the crude oil market front, WTI has traded sideways to slightly lower (~$69/bbl) this past week due to a surge in the U.S. dollar which is creating a short-term headwind for dollar denominated commodities. WTI prompt spread has moved into contango, signaling a loosening oil market. OPEC recently lowered its 2025 oil growth assumptions (again) which likely forces them at their December OPEC meeting to delay unwinding current production curtailments until sometime in Q1. On the broader equity market front, the S&P 500 was down a couple percent as markets were oversold prior to the election, jumped by ~4-5% post-election, and are now pulling back as Trump's equity market euphoria looks to be fading. He noted that broader equity markets will be laser focused on NVIDIA’s results after the close on Wednesday, so expect pent-up market volatility as investors are hoping that Blackwell revenues are exceeding expectations and that the AI momentum trade is still intact. On the energy equity front, it was one of the few S&P sectors up last week (~1.5%) and energy investors seem to be very enthusiastic with Trump's picks for the Department of Interior (Doug Burgum) and the Department of Energy (Chris Wright). He ended by noting that a handful of SMR (nuclear equities) rallied 15-20% on expectations that the new Administration would be favorable to this technology. Jeff Tillery added his perspective and questions to the discussion.
We hope you enjoy the conversation with Lori as much as we did. She was fabulous! Thanks to you all!
มุมมอง: 10
วีดีโอ
"There Won’t Be Many More COPs Where You Can Ignore Reality" Featuring Michelle Manook, FutureCoal
มุมมอง 56วันที่ผ่านมา
Today we had the pleasure of hosting Michelle Manook, CEO of FutureCoal, for an insightful discussion on coal from a global perspective - an important yet often overlooked topic. Michelle joined FutureCoal in 2019 and previously held senior roles at Orica, Archer Energy, Brockman Mining, and Woodside. As CEO, she leads FutureCoal’s mission to support key players across the coal value chain and ...
"What Does Energy Look Like Over The Next Four Years?" With Anne Bradbury, Bill Flores and Maria Kor
มุมมอง 152วันที่ผ่านมา
Happy Veterans Day to all who served and Happy Remembrance Day for our British, Canadian, and Australian friends. Today (and every day), we thank you and your families for your service and sacrifice. With the election behind us and the transition of a new administration on the horizon, we brought together three esteemed friends of the firm and previous COBT guests for a Special Edition of COBT....
"After This Election We’re Still All Going To Be Texans And Americans" Featuring Senator John Cornyn
มุมมอง 8921 วันที่ผ่านมา
Today we had the honor of hosting Senator John Cornyn of Texas, who has served in the US Senate since 2002 and is now in his fourth term. Senator Cornyn has been a steadfast advocate for Texas interests and supports policies that promote responsible domestic traditional energy production while exploring new energy sources to strengthen US energy independence. Senator Cornyn has held several key...
"None Of It Matters If You Don’t Have Power" Featuring Peter Lake, Former Public Utility Commission
มุมมอง 42หลายเดือนก่อน
Today we had the privilege of hosting Peter Lake, former Chairman of the Public Utility Commission of Texas (PUCT). Peter was appointed by Governor Greg Abbott to stabilize and strengthen the Texas electrical grid following Winter Storm Uri in 2021. He concurrently served as a Board Member of ERCOT and concluded his term with the PUCT in June 2023. Previously, Peter chaired the Texas Water Deve...
"We Aren’t In A Position Where We Can Be Exclusionary" Featuring Dr. Carolyn Kissane, NYU
มุมมอง 49หลายเดือนก่อน
Today we were delighted to welcome Dr. Carolyn Kissane, Associate Dean of Graduate Programs and Global Affairs at NYU’s Center for Global Affairs. Dr. Kissane is a Lifetime Member of the Council on Foreign Relations, a Senior Fellow at the George H.W. Bush Foundation for US-China Relations, Co-Host of “The Clean Energy Revolution” Podcast, and Founding Director of NYU’s Energy, Climate Justice,...
"We’re All In Bubbles And We Have To Get Out Of Them" Featuring Dr. David Spence, Author of "Climate
มุมมอง 126หลายเดือนก่อน
Today we had the opportunity to visit with Dr. David Spence, Chair in Natural Resources Law at the University of Texas and Author of “Climate of Contempt: How to Rescue the U.S. Energy Transition from Voter Partisanship.” Dr. Spence joined the University of Texas faculty in 1997 and his research focuses on the law and politics of energy regulation. He holds a Ph.D. in Political Science from Duk...
"This Was A Preventable Event" Featuring Dr. Salvatore Mercogliano, Campbell University
มุมมอง 102หลายเดือนก่อน
We are excited to share this Special Edition COBT focused on the impact of the recent dockworkers’ strike and its implications for the energy sector. As we send this out, you may have heard the strike has been suspended. It was and is a fascinating situation… and wait until you meet who we found to discuss the issues. We were lucky enough to connect with Dr. Salvatore Mercogliano, Associate Pro...
"We Cannot Exist Without Shipping" Featuring Toni Stojcevski and David Millar, Wärtsilä
มุมมอง 52หลายเดือนก่อน
Today we were delighted to host Toni Stojcevski, General Manager of Project Sales & Development at Wärtsilä Marine alongside David Millar, Principal of Markets, Legislative, and Regulatory Policy at Wärtsilä Energy. For those of you who aren’t familiar with Wärtsilä, the company is a famous Finnish provider of marine engines and also a large player in onshore power. Toni has served at Wärtsilä ...
"Our Corporations Are The World’s Leaders For A Reason" Featuring Ryan McLeod & Dan Neff, Wachtell,
มุมมอง 607หลายเดือนก่อน
Many of you have likely noticed, as we have, some of the news coming out of Delaware about certain rulings, the debate around those rulings, and the subsequent debate around actions taken by the legislature to clarify Delaware law. As we’ve read about these developments, we were intrigued and turned to the team at Wachtell, Lipton, Rosen & Katz (WLRK) for their thoughts on these matters. We wer...
"If You’re Afraid Of Climate Change AND Nuclear Power, You Have A Math Problem" With Roger Pielke Jr
มุมมอง 2142 หลายเดือนก่อน
Today we were delighted to welcome back our good friend Roger Pielke Jr. for an engaging discussion on the evolving climate policy and energy landscape. Roger is the author of “The Honest Broker” on Substack which reaches 30,000 subscribers across 153 countries. He is a Nonresident Senior Fellow at the American Enterprise Institute where he focuses on science and technology policy, the politici...
"We’re An All-Of-The-Above Firm" Featuring Jack Belcher, John Sandell and Sarah Venuto, Cornerstone
มุมมอง 342 หลายเดือนก่อน
Today we had the pleasure of hosting the team from Cornerstone Government Affairs for an engaging discussion on energy policy and the upcoming US Presidential Election with Jack Belcher, Principal, John Sandell, Principal, and Sarah Venuto, Principal and Counsel. Cornerstone is an independent bipartisan consulting firm specializing in federal and state government relations, public affairs, poli...
"We Hadn’t Built A Nuclear Unit In The US From Start To Finish In 30 Years" With John Williams, John
มุมมอง 502 หลายเดือนก่อน
We are thrilled to share this COBT episode recorded live from Plant Vogtle featuring John Williams, Senior Vice President of Technical Services and External Affairs at Southern Nuclear, John Kotek, Senior Vice President of Policy Development and Public Affairs at the Nuclear Energy Institute (NEI), and Bill Flores, Vice Chairman of ERCOT and Veriten Senior Advisor. Brett Rampal and I had the pl...
"It’s Doing All Of The Above" Featuring Senator Kay Bailey Hutchison & John Rutherford, KBH Energy C
มุมมอง 902 หลายเดือนก่อน
We were honored this week to welcome Senator Kay Bailey Hutchison and John Rutherford for this Special Edition COBT. Senator Hutchison is a Founding Member of the KBH Energy Center at the University of Texas and has had a distinguished career in both the public and private sectors, including serving as the US Ambassador to NATO. We previously had the pleasure of hosting Senator Hutchison on COB...
"Argentina May Be Unrecognizable 10 Years From Now, Like It Used To Be" Featuring Bill Von Gonten
มุมมอง 1.5K2 หลายเดือนก่อน
Today we were delighted to welcome our good friend Bill Von Gonten, Founder and CEO of W.D. Von Gonten Engineering (WDVGE). Bill is a renowned oil and gas expert and entrepreneur. He founded W.D. Von Gonten & Co. in 1995, pioneering the volumetric assessment of US gas shales. In 2013, Bill established W.D. Von Gonten Laboratories, a core testing facility specializing in unconventional resources...
"One Stop Shopping For Energy Tech" Featuring HETI, Rice Alliance, Halliburton Labs & Greentown Labs
มุมมอง 403 หลายเดือนก่อน
"One Stop Shopping For Energy Tech" Featuring HETI, Rice Alliance, Halliburton Labs & Greentown Labs
"Industrial Demand For Gas In Europe Will Never Go Back To Pre-Energy Crisis Levels" With Samantha D
มุมมอง 1383 หลายเดือนก่อน
"Industrial Demand For Gas In Europe Will Never Go Back To Pre-Energy Crisis Levels" With Samantha D
“This Will Be The First Year Since 1958 Without an Offshore Federal Lease Sale” Featuring Erik Milit
มุมมอง 673 หลายเดือนก่อน
“This Will Be The First Year Since 1958 Without an Offshore Federal Lease Sale” Featuring Erik Milit
"Israel Is An Energy Island" Featuring Julia Weller, Energy Law International
มุมมอง 583 หลายเดือนก่อน
"Israel Is An Energy Island" Featuring Julia Weller, Energy Law International
"The Difference Between Genius And Crazy Is Success" Featuring Gerald Kepes and Sudan Maccio
มุมมอง 473 หลายเดือนก่อน
"The Difference Between Genius And Crazy Is Success" Featuring Gerald Kepes and Sudan Maccio
"We Grew Up With The Soviet Union, They Are Growing Up With Climate Change" With Dr. David Gattie
มุมมอง 433 หลายเดือนก่อน
"We Grew Up With The Soviet Union, They Are Growing Up With Climate Change" With Dr. David Gattie
"Republicans Don’t Accept The Science And Democrats Don’t Accept The Math" Ft. Mary Landrieu, D-LA
มุมมอง 274 หลายเดือนก่อน
"Republicans Don’t Accept The Science And Democrats Don’t Accept The Math" Ft. Mary Landrieu, D-LA
"When You Build A Data Center, You Need 800 Electricians" Ft. Sean McGarvey
มุมมอง 204 หลายเดือนก่อน
"When You Build A Data Center, You Need 800 Electricians" Ft. Sean McGarvey
"The Mosh Pit Of Complexity" Featuring George Bilicic, Lazard
มุมมอง 1374 หลายเดือนก่อน
"The Mosh Pit Of Complexity" Featuring George Bilicic, Lazard
"You’ll Be Timber Experts By The End Of This" Featuring Russell Hagen, Weyerhaeuser
มุมมอง 794 หลายเดือนก่อน
"You’ll Be Timber Experts By The End Of This" Featuring Russell Hagen, Weyerhaeuser
"We’ve Grown 83% In 20 Years" Featuring Reginald DesRoches, Rice University
มุมมอง 535 หลายเดือนก่อน
"We’ve Grown 83% In 20 Years" Featuring Reginald DesRoches, Rice University
"The Mexican Elite Is Absolutely In Shock" - Dr. Francisco Monaldi & Dr. Tony Payan, Baker Institute
มุมมอง 545 หลายเดือนก่อน
"The Mexican Elite Is Absolutely In Shock" - Dr. Francisco Monaldi & Dr. Tony Payan, Baker Institute
"The Most Important Day Of The 20th Century" Featuring Alex Kershaw, Author of "The First Wave"
มุมมอง 1305 หลายเดือนก่อน
"The Most Important Day Of The 20th Century" Featuring Alex Kershaw, Author of "The First Wave"
"Running At 150 MPH Every Day" Featuring Lynn Calder, INEOS Automotive
มุมมอง 3125 หลายเดือนก่อน
"Running At 150 MPH Every Day" Featuring Lynn Calder, INEOS Automotive
"Do You Hate Emissions Or Do You Hate Fossil Fuels?" Featuring Congressman John Curtis, Utah
มุมมอง 275 หลายเดือนก่อน
"Do You Hate Emissions Or Do You Hate Fossil Fuels?" Featuring Congressman John Curtis, Utah
Damn straight. And we’ll start with the corrupted climate db’s and fix decrees like Obama’s Smit-Hawly Act allowing government and media to lie. The grift ends with Trump. Green = Poverty, energy is tied exactly with wealth. #climategate, much?
He is an idiot!!!
Great perspectives
Yawn. When I look at graphs of WWII dead America’s 500K do not even rate a single pixel slice comparing Russia’s 25+ million. Ever watch those clips of captured Germans the West disbelieved and so were marched by tens of thousands in of their each major cities … and they kept walking to Siberia and their doom. America hasn’t won a war in… what, decades, like Grenada w/Flynn, and anybody who did would be fired : America is a Pixel Tiger. US makes weapons to sell. Russia makes weapons to kill.
I love the comment, "molecules over electrons."
✨ 'Promo sm'
Excellent and comprehensive discussion of what AI and other new challenges mean for Japanese trilemmas in supply, geopolitics, costs, etc. Mr Mishizawa will be missed as a speaker for Mitsubishi realities. But I hope to hear his thought on developments foregoing.
Next time you see Elon ask what he thinks about a "Cost Plus" contract for at least the design of a globally distributed Reactor of transportable Modules, to Electrify the planet, for the cars etc.
From the norm of frozen phase-locked coherence-cohesion time-timing is what there is, in point of fact. All is Vibration and bio-logical pulse-evolution Recursion to the Mean Bio-logically is a specification that existence constantly reiterates in log-antilog relative-timing condensation. Maybe knowing this fact can guide future political decision-making in the natural conformity = configuration in Actuality of potential positioning possibilities, and reduce economic and ecological waste to a minimum, because abundance is Actuality.
I agree. The great success is great strategy and tactics for eny cause??? Kaso po sir general pakiramdam ko ngayon parang napaka sama kona kasi nakikipag laban ako sa mga tao behind you. Pero no choice po ako. Kasi mundo naman natin mapapahamac at lahat nang mga tao. Minsan yakap kobnalang sarili ko sabay iyak at tulo luha habang nag tatrabaho o nag susulat gamit ang network. Kasi diko ito pinangarap na buhay. Masaya na kami ehhh kaso need ninyo may tumayo para sa inyo bilang mandirigma para sa bansa at sangka tauhan. Napaka bigat na responsibility akala ko messenger lang ako nang 5 yrs but diko akalain dina pala ako makalabas sa situation na ito dahil sa inyo at mangatao. Need manindigan. Rapos mga politician's pa sa Philippines ayaw nilang masapawan nakipag sabayan pa sa gulo sa ibang bansa dami nangang problema makikisabay pa mga putang inang mga hayop na politician's. Sakit narin ulo ko sa lahat but need to stand for the people and for all the country at salamat sa lahat lahat sa inyo maliban sa aking bansang pinanggalingan. Baboy mga politician's ngayon sa pinas baboy monkey. Mukhang pera at ambitious frog. Basura at animal yan sila ngayon
"Free Speech", define which end of the spectrum in order-chaos is free and the same applies to freedom as a concept, or consequence. As said by Walter, it's complicated.
What a refreshing view of the world ❤
Is that end to end or side by side (barrels around the equator) ?
The Earth is cooler with the atmos/GHGs/albedo not warmer. To perform as advertised the GHGs require “extra” energy upwelling from the surface radiating as a black body. The kinetic heat transfer processes of the contiguous atmos molecules render that scenario impossible. No greenhouse effect, no GHG warming, no man/CO2 driven climate change or Gorebal warming. Version 1.0 040622
The Earth is cooler with the atmos/GHGs/albedo not warmer. To perform as advertised the GHGs require “extra” energy upwelling from the surface radiating as a black body. The kinetic heat transfer processes of the contiguous atmos molecules render that scenario impossible. No greenhouse effect, no GHG warming, no man/CO2 driven climate change or Gorebal warming.