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Jack McClendon

πŸ‘€ 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

And

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

What I will tell you, though, is that we are resilient and everybody in the industry firmly believes in what they do.

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

I think that's a big part of it.

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

You're talking about extracting a substance from under the ground that literally powers everything in our world.

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

I think there is...

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

I read some I read some quotas in an article that, you know, without new oil and gas production, if we just were to basically shut off oil, all oil and gas development and production that, you know, 60 percent of the world would starve in six months.

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

And so, you know, I think that there is there is obviously a little bit of, you know, you got to have a high pain tolerance.

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

But I think the other thing, too, is that everybody in this industry really believes in what they do.

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

And, you know, we we create and we produce a product that powers the modern world.

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

And so I think there's a tremendous amount of pride in that as well, too.

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

And I don't think you'll talk to anybody in the industry that does not feel just an enormous sense of pride in what we do.

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

And, you know, I think, you know, someone said this to me once and I firmly believe in it.

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

And they said, you know, Jack, one of the things your dad did that I firmly believe in is

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

is without the shale revolution, there would have been a lot more wars.

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

And I really do believe in that because I think that this resource abundance that we've kind of largely taken for granted over the last 10 years has prevented a lot of conflict, believe it or not, because America is largely, we're not wholly energy self-sufficient, right?

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

There are different

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

blends of crude.

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

We largely produce one type of oil, which is called light sweet.

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

You don't just produce oil and put it in your car, right?

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

It's got to go to refinery.