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Jack McClendon

๐Ÿ‘ค Speaker
368 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

You know, for the last six weeks, you just you know, you got to play by our rules and you got to play play by the, you know, the Iranian Republican guards rules.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

So I'm not quite sure what has changed.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

But, you know, I tweeted this out a couple of days ago.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

You know, the market kind of clearly thinks that the war is over and.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

you know, you're kind of seeing that wash today in prices.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

And so I just, it'll be interesting to see where prices are going to settle out.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

I don't think we're going back to the 50s or 60s.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

You know, are you going to see, you know, to get back into land, man, are you going to see that sweet spot at 75?

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

You know, that would be a better baseline for us than 65 and 60.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

And so to reiterate what I said earlier, I think the, you know, I think the industry is largely kind of in a wait and see mode.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

They do not.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

They do not.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

You know, you're starting to see some fuel surcharges on some of those bills.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

I would imagine if you settle back in the 70s or 80s, those are going to kind of go away.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

And part of that is kind of tongue in cheek, right?

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

The operators always play a game with the service companies.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

So it remains to be seen.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

As I said, there's just so much noise in the market right now.

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

I mean, I can't remember the last time we ever lived in an era where

Odd Lots
Jack McClendon on Why It's So Hard to Create a New American Oil Boom

you know, a tweet could move the price of the world's most liquid commodity five to 10%.