Episode 149 - Josh is mad at the world | Pioneer CEO advocates regulation | OPEC?

This week, Josh is mad at everything, Ryan is slowly slipping into depression, and we talk about the rising chorus of companies cutting capital expenditure and calling for government intervention. We discuss why the economics of the current downturn would best benefit from being left alone, and talk about how oilfield workers can go about getting new jobs.Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics - https://amzn.to/3dDzpDXBasic Economics 5th Edition - https://amzn.to/2QYNzpDLatest Coronavirus stats - https://www.worldometers.info/coronavirus/Find our post on sales tips - https://www.texasoilandgaspodcast.com/sales-tipsBuy your Polar Plunge t-shirt: https://texasoilandgaspodcast.com/plungeFollow the Texas Oil and Gas Podcast on Twitter - @TOGPodcastFollow Ryan on Twitter - @ryanraysrFollow Nate on Twitter - @OilMediaNateConnect with Josh on LinkedIn - https://texasoilandgaspodcast.com/connect-with-joshConnect with Ryan on LinkedIn - https://texasoilandgaspodcast.com/connect-with-ryanThe Texas Oil and Gas Podcast on LinkedIn - https://www.linkedin.com/company/35588693/admin/We're looking for a new sponsor! Get in touch with us TODAY for a proposal - nate.hansen@gor2.comLeave a 5 star rating and review! - http://apple.co/2mkM3ASContact the show via text or voicemail - (318) 599-9192Visit our website - http://www.texasoilandgaspodcast.com/Buy Ryan's book - https://amzn.to/2CBOtAoThis week's articles:https://finance.yahoo.com/news/devon-energy-provides-revised-2020-105510648.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAGzxRywdglUv7c79oSAfRcaLbFpl_3v4PWtdesiQ4Io1N1Ffw57ITQ8RK841sDNKqTRR-0_drG5O9rAlrTqpBmcU8WiR1PLzS8pT57sDG2XhXvr9TBYWrx4gVhBRpXC5y05blekI5DUZR_rsyY_djjCD-fkLi5QnSVJNIbTpISTrEnergy Industry Giving Back https://www.mrt.com/business/oil/article/Energy-industry-is-stepping-up-15164309.phpEconomic Newshttps://www.mrt.com/business/oil/article/Energy-economist-Production-cuts-won-t-work-15164280.phphttps://www.mrt.com/business/oil/article/Opinion-Oil-gas-industry-should-stand-by-15161849.phphttps://www.mrt.com/business/oil/article/Oil-s-60-crash-is-the-tip-of-an-iceberg-15156322.phphttps://www.mrt.com/business/oil/article/Local-oilman-highlights-Saudi-presence-in-Texas-15152191.phphttps://www.mrt.com/business/oil/article/Guest-Opinion-Trump-should-put-tariff-on-oil-15151022.phphttps://www.mrt.com/business/oil/article/Researchers-expect-industry-slowdown-will-15149212.phphttps://www.mrt.com/business/oil/article/Oil-crash-could-further-hamper-M-A-market-15149175.phphttps://www.hartenergy.com/news/us-shale-executive-warns-global-oil-glut-will-not-clear-soon-186678https://www.oilandgas360.com/pioneer-natural-resources-ceo-warns-independent-oil-companies-could-go-bankrupt-if-production-continues-amid-coronavirus/Pipeline/Exports to Mexico https://www.mrt.com/business/energy/article/Pipeline-operators-ask-oil-companies-to-stop-15164074.phphttps://www.oilandgas360.com/falling-latam-demand-deprives-u-s-refiners-of-top-customers/https://www.texansfornaturalgas.com/five_facts_about_the_us_mexico_energy_relationshipCompany Newshttps://www.mrt.com/business/energy/article/Apache-makes-deeper-cuts-while-its-Permian-Basin-15161716.phphttps://www.mrt.com/business/oil/article/Pioneer-CEO-Supermajors-prefer-all-the-15162115.phphttps://www.mrt.com/business/oil/article/Land-company-focuses-on-liens-bankruptcy-15149198.phphttps://www.hartenergy.com/exploration-productionhttps://www.hartenergy.com/news/oil-companies-cut-hundreds-jobs-texas-new-mexico-186598https://www.oilandgas360.com/exxon-may-crush-bailout-hopes-for-suffering-fracking-companies/https://www.oilandgas360.com/apache-makes-deeper-cuts-while-its-permian-basin-rig-count-goes-to-zero/https://www.oilandgas360.com/oxy-enacts-pay-cuts-amid-deeper-budget-cuts/https://www.oilandgas360.com/chevron-ceo-says-the-dividend-is-the-companys-no-1-priority-and-is-very-secure/https://www.oilandgas360.com/exploration-firm-block-energy-agrees-to-acquire-schlumberger-subsidiary/Future of O&G Newshttps://www.mrt.com/business/oil/article/Oil-crash-could-delay-investment-in-energy-15164355.phphttps://www.hartenergy.com/exclusives/stimulation-fleet-future-186070Water Newshttps://www.mrt.com/business/oil/article/Rising-demand-to-repurpose-produced-water-fuels-15164373.phphttps://www.mrt.com/business/oil/article/Midkiff-farmer-Encore-Green-team-on-produced-15164358.phphttps://www.hartenergy.com/exclusives/rise-water-midstream-186180G-20 and Saudi Russia price warhttps://www.mrt.com/business/oil/article/G-20-may-step-into-Saudi-Russia-oil-price-war-15157491.phpEarthquake hits Permian (News unrelated to market/coronavirus to help shake things up a little *da-dum-tss*)https://www.oilandgas360.com/record-5-0-magnitude-earthquake-hits-near-permian-basin-town/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit fivewide.substack.com