Oil and Gas 101: The Basics [Without Technical Terms]

Justin Gauthier explains how we can't technically dig all the way to China. He also explains why oil and gas is important, and how energy is a privilege.

0:00 Welcome to Energy 101 where, okay, here's the deal. Our name is in question right now, but the consensus, the

0:16 theme is not. So we ask the dumb questions, but no question is actually dumb, so they're not dumb. So you don't have to. That's questionable We ask the basic questions about energy because we

0:30 want to learn and we're tired of pretending like we know anything about energy. So you are here as our second guest. This is Justin Goce. Yeah, you got it. Oh my God. Yeah. I wanted to be the

0:45 first podcast you were on that did not talk about your last name for five minutes. Thank you. You're welcome. Moving on. I love

0:55 talking about myself and my last name. But no, thank you so much for having me on on pump. You sent me a message. And I was like, absolutely. Anything to support digital wildcatters is to be

1:06 involved. And at the end of the day, educating, hopefully people who have a misconception about energy, that's the goal, right - Yes - And so not to just like start off, but I just wanna start

1:17 off by saying, we do such a good job, especially in oil and gas. Like we go to these conferences and we beat our chests and we preach to the choir, but like, ultimately if we wanna move the

1:27 needle, we have to educate people who are not familiar with the topics. And so I think what you guys are doing are great. And so I commend you, say you guys, but you ladies, nowadays you'll be

1:37 careful. Maybe you identify something else, I don't know, but however, yeah, I know, super pumped to be here, so thank you - Yes, we're excited. So kind of what you were saying, we want to

1:51 educate, not the echo chamber, but outside of that, we wanna really reach the people who I don't know anything and it's interesting because I did have a conversation yesterday. I was talking to a

2:01 parent at Jujitsu. He is from San Francisco. They moved to Houston in

2:08 January to become entrepreneurs. So they are in real estate and they're just like, this is a place to be. They know nothing about oil and gas. So when I started like saying, talking about digital

2:18 wallet categories and oil and gas energy, his immediate thought was to talk about. Electricity prices and those companies. And I'm

2:29 like, well, that's not exactly

2:32 what the companies do that we kind of weren't like our clients and who we try to educate. Like that's different, but I didn't know how to explain that. Sure. So how would you explain oil and gas

2:44 to someone who like him? He's like, I have like, it seemed like he had barely even heard of oil and gas I think he thought of gasoline and then thought of like

2:58 electricity companies, which that's not wrong. It's just how do you kind of explain that - Yeah, no, I mean, it's a great question. And I think that's something that we need to, it's kind of

3:07 like when you go have a company and you have a sales pitch or an elevator pitch, it's like, well, what do you do? You need to be able to explain it within like 30 seconds, maybe less. If not,

3:16 it's people who use too much energy to try and figure out what the hell you're trying to talk about.

3:22 So that's an interesting question and an answer that anyone within the oil and gas spacer, in any space, whether you design signs or you're an oil and gas or you provide electricity or you make

3:34 coffee cups, like you should be able to explain it simply to where people like can digest it and say, oh, like that makes sense to me.

3:43 And so, and I'll answer your question, but I had the pleasure of having a gentleman on my podcast who connected with my wife over LinkedIn. He's in the real estate industry.

3:55 He also had no idea about oil and gas. Although he was from Oklahoma, he had traveled growing up quite a bit and he was starting to make comments on my posts, just saying, Oh wow, that was

4:07 interesting, or whatever, and so I looked at his background, not oil and gas related at all. I was like, Man, why don't you come on my podcast? 'Cause I was like, I'd be interested to hear

4:14 your perspective as someone who is outside the oil and gas ecosystem. Give me your honest opinion on us as an industry. 'Cause I'm curious, even when I ever talked to, I mean, I have people

4:27 within my social circle that aren't oil and gas, but they're here in Houston and so they appreciate the industry for what it is and what it provides, but this gentleman had no experience with it and

4:36 so I had him on and we had a great conversation and he said, Man, I listen to your podcast and to be honest, growing up, it was like the big, bad oil and gas companies that all they wanted to do

4:47 is ruin the earth and make as much money as possible. And he's like, But after being. listening to your podcast, looking at your content, A, you're a good guy, which I thought everyone on on

4:58 GAP was just like a bunch of rednecks who were mean, right? Or whatever the perception was. So we got that sort of bias, he's out of the window. And then he said, yeah, after he's like, I

5:11 listened to one of your podcasts, and it was funny because that same day he was with his friends and they were complaining about gas prices. And then he's like, I'm not big on economics, this and

5:21 that. But I had enough of an understanding base of your podcast where I could explain like, it's like the oil companies aren't the ones that you should be blaming. And according to this podcast,

5:31 there's this thing called supply and demand. And he tried to piece it together. But ultimately, I helped him and I say, I, the people that I had on, the industry helped him

5:44 gather enough information where he could draw the conclusion where it wasn't a negative connotation towards the industry and he had enough I guess information to draw his conclusions to say, okay,

5:55 oil and gas is actually extremely important. I didn't realize that because he said he grew up in a family or it was kind of demonized and everything else. But now he said, I actually would love for

6:05 my kids. Like if they told me they wanted to get in the oil and gas industry, I would encourage them to do so because it sounds like there's plenty of opportunity. And that was amazing to me. Like

6:14 I ultimately hope that like that next generation of his family can at least appreciate and have a decent understanding based off their dad's knowledge of the industry. So that to me is why I'd

6:28 podcast is for that exact reason. So to go back and answer your question, like someone comes from whatever, California, wherever it says, well, what's oil and gas and what do you guys do? Like

6:40 ultimately it's, you know, you have three parts You drill and you extract stuff from the ground and that stuff helps create energy.

6:53 cups, it helps, it's hydrocarbons are the backbone for almost anything that we use. And so that, you know, hopefully that's very broad, but I would, I would start with like, you know, the

7:08 earth has these minerals and this liquid and this gas that ultimately helps make everything you see around us. And then it's like, oh, really? Like we'll give me an example And gasoline's the

7:22 easiest one, right? You know, you extract the oil from the ground and through different processes. I'm trying to keep like super generic. Yeah. Through different, through different, there's a

7:35 process that can essentially, you know, essentially separate it and create gasoline for your vehicle. You

7:41 know, that that's the easiest example. But then there's tons out there

7:47 And so when you had the interaction with this gentleman, were you? his question was what is oil and gas or like how or what is you? Didn't ask. So we were talking about just, yeah, what we do

8:02 the, the, basically, industry. Yeah. And I could just tell by the look on his face, he was like, like, what is oil and gas? Like he didn't, he was, it seemed like he was thinking like,

8:14 yeah, like I said gasoline or just, um, electric companies. So like electricity companies Right. Rather, because he started talking about, uh, how it's crazy here, um, where you have like a

8:28 ton of different electricity companies to choose. Oh, yeah. So his mind went immediately to that. You were fine. It's all connected. Right. Yeah. Yeah. And so I guess, and to, to like, to

8:39 get a little bit more technical, I guess, like I would, if someone asked me, I would say, well, there's three main components of, of the oil and gas industry. You have the upstream, which is

8:48 where you, everything happens out in the middle of nowhere and you drill and you extract the oil and gas and you have the midstream. which you transport that material to these facilities. And then

8:57 those facilities break up that oil and gas and then sell it to consumers being whether it's chemical manufacturers or electricity companies. Like, and again, there's a lot more in between, but

9:10 that's like very high level how that happens. And then they talking about the utility size,

9:17 yeah, we're not to get into utility markets and power markets, but ultimately, natural gas is a big component of how we create power and there's natural gas, power plants. And so the gas comes in,

9:33 it turns a turbine and then that turbine creates electricity, which then they sell it to the market and so on and so forth. So, but like that stuff that the average person would have no idea about,

9:43 but ultimately, when you, you can always reverse kind of explain it too, is it's like, okay, so do you have a phone? Yes, okay, how do you charge it? Well, electricity, well, do you know

9:53 where that comes from? Well, the wall. And then it's like, okay, well, like there's these plants that create the electricity and in order for them to create electricity, they need some form of

10:04 energy and that energy comes from, you know, it could come from wind. Cause they ultimately, the electricity always comes from turning turbines, right? Like, so whether that's through water,

10:14 you give hydroelectricity and you have, you know, wind turns the turbines Um, nuclear power is kind of different in itself, but that's a lot of times is like kind of reverse explaining it. And

10:26 then like for my daughter, actually, you know, this is a good topic for parents who have kids who are trying to explain energy. Like one thing that we've taught our daughter, my son is not quite

10:35 old enough to they digest it, but she knows now is like the critical parts of life or food, water and energy. Like that's what you need. And so she understands where food comes from She

10:45 understands water, but the energy one was like, you know, and so as I, we I was like, Okay, you have your light or whatever. And then, 'cause she doesn't really know what

10:56 I do, except for work on a computer and talk on the phone - Yeah - I was like, Wow, the reason I do that is because blah, blah, blah. But she understands now that without daddy drilling holes in

11:08 the ground, we wouldn't be able to drive our cars. And I say, When daddy drills the holes and then this stuff comes out of the ground and we put that stuff in the vehicle. And she's like, Oh,

11:16 well, that's important. Yes, it is. Until we go fully EV, but then we explain, Okay, we need electricity. Well, where does electricity come from? The electricity comes from the wall and

11:26 there's these big machines that make electricity, but in order to power the machines, you need the stuff that daddy gets out of the ground. And so she's connecting the dots. And as we evolve,

11:37 we'll explain more of other technologies. But

11:42 if you can explain it to a six-year-old, hopefully you can explain it to another adult - Yeah, I think the hardest part of understanding it is, it. Like you see your food, you see the plants that

11:53 it grows on. Not everyone is, you know, from Midland, Texas. You don't get to see the rigs that actually drill or the pumpjacks that are pumping that oil. So I think that's where it becomes like

12:05 non-existent to some people who don't see any energy infrastructure at all. And so it's interesting that you brought up like two parts. So yes, we had on our last episode, Kay McCall, who she

12:19 divided up energy into two parts. One was power, which is your turbine. So any wind, exactly what you're saying. And the other side of it would be, I can't remember what she called it. I don't

12:32 know if y'all remember, but basically oil and gas, like what else do we make from that? Like energy, aside from like

12:44 power generation. Would you kind of already touched on like we need. petroleum to make all the things we use. Right. There's. Yeah, so, I mean, so the energy side is, I would consider the

12:58 energy side of it as like power and electricity. That to me, when I think energy, that's what I think. However, there's another component, the petrochemical side. And the petrochemical side is

13:12 extremely important. And that's where I think you're gonna see a lot of demand growth on the petrochemical side.

13:19 You're gonna need a lot more of that because you're creating more goods, right? As economies continue to evolve, the demand for energy and the demand for just overall stuff that we see and use

13:32 every day increases. And arguably like the world's economies are continuing to grow. You know, again, that's debatable right now. But for all extents and purposes, you have emerging economies

13:43 like India and China and stuff that are just continuing to use more stuff So in order to create more stuff. you have the other side of the energy industry that helps create feedstock for a lot of,

13:56 and feedstock are like materials. So when you extract oil and gas, there's byproducts after you separate it through heat and other forms of doing that. But again, being in very generalities, you

14:09 have when you extract stuff out of the ground, you can use some of that to create electricity. And then you can use a lot of that for whether it be fertilizer, whether it be chemicals that get used

14:21 in plastics. And so I would separate the power and then the petrochemical side.

14:28 And you can break it down further and anyone who's listening is probably like, Well, yeah, but this, yeah, but that. I know, everyone take it easy. Trying to keep it very simple - I think that

14:40 on that point, that is where the industry really lacks. They like to over-complicate the way they explain things because. It is very in-depth and technical, but if

14:52 you were to tell me all the technical stuff, I'd be like, Yeah, okay, bye. Yeah, but then it was interest. So you have to keep it high level. You do. You notice it on TikTok, Colin will make

15:02 an explainer video, and they're like, You messed up this. Actually, it's this. Oh, I know. That's not the point. And it doesn't matter to people outside of the industry, and that's ultimately

15:12 who we need to talk to. Right. Yeah And whether it's. Because again, everyone claims to be an expert. Like TikTok's a great example. So I started as a little TikTok

15:25 account, which I go on there and I just speak my mind. Like if I think it's something, I'll go on there, I'll say it. And whether it's like talking about oil and gas, markets, sales, anything.

15:33 And this is the funniest thing. So I was in Colorado, and I was in Frisco, Colorado, so up in the mountains And for 14 chicken wings was like 27 or something. So of course, I was like, oh,

15:49 that's crazy. As I take out my phone, I'm like, do a TikTok thing. I'm like, 27 for TikTok. Are you fucking kidding me? And like, just kind of joking. And then I was not expecting this, but

16:00 like so many people went on there and were like, Thanks, Biden. Like Biden this and that. Like everyone like started getting so mad at Biden over this post and I was like, okay. Like I wanted to

16:12 - The comment section on TikTok is wild - Yeah, that's where all the juice is, right - So then I started replying and I was like, well, I have a hard time thinking that Biden is single-handedly

16:24 causing chickflation. That's what I was calling it. And so I made - Chickflation - Yeah. And so then I like made another post. I'm like, okay, like to clear things up, like yeah, I get it.

16:32 Like everyone is an economist now and everyone understands inflation and everyone's an expert. But like let's consider supply and demand here. And then everyone was like, no, but this and that.

16:42 And then I was like, okay, I need to stop. So I like totally stopped responding, to the point of everyone's an expert. is this like, yeah, and like I come in calling for doing that. Like he's

16:52 talking about like random components and different things within, and then like educating people. And to go on there and then like try and, it's a term down here everyone I guess knows, but I

17:02 learned this recently. Out Waterburger somebody, is that, have you heard that - I've never heard that - Oh, okay, well, like when you go like, you know the one up, I'm gonna one up you. It's

17:12 like if you went to a concert, well the concert I went to was way better - Yeah, yeah - You should have been the one I was at Well yeah, everyone like seems to think that like their comments are

17:19 what they know is that much smarter. But ultimately it's like, it doesn't matter. Like the fact that unless it was like completely off scales, like if Colin was talking about like a wind turbine

17:30 that you used to drill oil and gas for it, be like, okay, like maybe you can correct course - You're not on the road - But like to get into the nuances and the details, it's like he's not trying

17:39 to teach a like a graduate level engineering course. He's trying to help people who don't understand the industry - Yeah - So let's not get caught up in the semantics here. But yeah, it's crazy.

17:51 And to keep it high level, it's, again, that is a great point is we have a hard time in oil and gas explaining what we do. But then you have all these scientists and engineers and they're like,

18:01 I'm gonna show you how smart I am. And it's like, no one gives a shit. They just wanna understand what's going on. Like, can you not simplify it, please - Yeah, yeah - Yeah, on that note,

18:10 gonna do a little test. Can you simplify what you do to us - Yeah, so when you drill for oil and gas, I'm gonna assume people understand what drilling is - That's fine - Okay, so yeah, you have

18:25 this big machine that sits on the dirt and it drills down to get to the pool of oil and then it just gushes everywhere, right? Like, that's, okay. So, but in order to get there, you need a

18:35 fluid that is pumped down to where you can, if you're in a, like, let's go to the beach. Everyone close your eyes, it's for an array When you're digging to get to China, right, at the beach,

18:48 because everyone knows if you even if you can get to China, what happens? When you start digging, what happens - The sand gets wet - Yeah, and then what happens? Starts to fall in, right? Like

18:59 you dig the more debris - I've never done that. I'm like, what happens? I always just said the beach and I'm like, what happens -

19:05 So you dig down, then all of a sudden you get down there and then the sand wants to fall in. And you're like, well, I can't see China yet, so you keep digging and just China never appears. But

19:13 if, actually, side note, if you dig deep enough here in Texas to get to where you can dig to China, you won't actually get to China. I thought anywhere in the world, if you dig deep enough, you

19:22 just somehow end up in China. But apparently not - I've never heard that - No? Okay. Well, maybe that's a Canadian thing - No, I've heard that both of you - Okay, thank you - I've heard it, but

19:30 it's not actually true, right - No - You're right. Yeah, no, these are the questions that are not dumb. Yes, if you dig deep enough, right here in Houston, Texas, I don't think you'll end up

19:40 in China.

19:43 Although that'd be funny if you did, but I. I firmly believe that growing up in British Columbia, if I dug deep enough, I would get to China. But I soon found out that if you dig deep enough,

19:52 what happens is the dirt and the sand falls back in on itself. So how would you get that sand and dirt from falling in? How you would, well, what I do is I provide drilling fluid. So I provide

20:05 chemicals in engineering onsite, meaning at the rig, and we add chemicals to the fluid like it's pumped to make sure that all that rock and dirt can get lifted out of the ground so you can keep

20:18 digging deeper. 'Cause if you just, like I say, if you kept digging, now if your hand somehow had something that could like pump fluid and like kick and spray all that dirt everywhere, you might

20:29 get to China, yeah. At the end of your fingers, if you could shoot more water down there, you might be able to get deep enough to China, so I can't. So if you're digging on a rig, you're

20:42 digging and you're drilling.

20:45 I help provide fluid to where you can continue to dig. And what happens is as you get deeper, there's this phenomenon called

20:57 reservoir pressure. Okay, and what that is, is as you dig deeper, the pressure, it wants to cave in. And that's how ultimately oil and gas gets pushed out of the ground, is 'cause there's

21:06 pressure. When you dig deep, there's pressure. Now, everyone's out, well, what about conventional? And sometimes it's depleted. Yeah, yeah, yeah, whatever But ultimately, the deeper you

21:15 get, the more pressure there is, okay? So, but as you're drilling, you don't want all that pressure to shoot, like, fluid and gas back at you, 'cause it's very dangerous. So the fluid that I

21:27 provide has a certain density. And by that, I mean, it's heavy. So when you drill, it helps keep the hole open to where you don't have gas and oil shooting back at you, 'cause you don't want

21:38 that. You only want that when you're ready to actually extract the oil and the gas But as you're drilling to get there. you wanna hold it back so that you don't have issues. So

21:51 that's also a part of it. So it basically suppresses and it keeps the whole open. Yeah, it keeps the whole open so you can drill to

21:58 pleasure Island, which is the - Which is the reservoir, which is the oil and the gas. Yeah. Where the gold is. Yeah, yeah, we're the black gold is.

22:07 Yeah. Okay, that makes sense to me. Do y'all have any questions about it? No, but we're gonna go into rapid fire Are you ready? Yes, wow, so I have no questions. I explain that perfectly.

22:17 You did. Yeah. I don't know if I did. The company I work with probably like, do we should keep - You should probably - Probably, yeah. And we're questioning the - We probably don't even know if

22:28 you said anything wrong. I'm like, yeah, I mean, it all means. It all means. It all means. Especially going all the way to China. Right, now we haven't dug to China yet, but if we do, I'll

22:37 be the one to provide the fluid for it.

22:41 All right, here we go. What is the number one misconception about the energy industry? The energy industry. Or oil and gas. Or oil and gas, yeah. Okay. That we're all out to ruin the earth and

22:53 make as much money as humanly possible. So would you say that, 'cause I kind of believe this, that I think people in the industry, it's like, the environment is more top of mind than anyone else.

23:09 Like, I think that we are doing a good job of trying to

23:15 minimize. Yeah. Like our effects on, and I think that it's top of mind for oil and gas companies more than anyone else.

23:31 Would you say that? I would say that. And again, I'm somewhat biased because I don't have exposure to other industries who do operate in remote areas that ultimately do, dig dirt and take forest

23:32 away and everything else.

23:41 If you look at land reclamation, especially up in Canada, when an oil and gas company or an energy company goes and does their work, they are responsible for leaving that basically area or that

23:53 land in the same or better condition than what they left there when they got there. Yeah. So, yes, it is a lot of oil. Now granted, it depends on the company, right? Like a lot of these huge

24:08 companies,

24:10 they have a bullseye on their back. Because if anything happens and they're the ones, you're not looking at all these small mum and pops that if all of a sudden they burn a rig down, you're going

24:19 to hear about it. But if an Exxon or a Chevron does it, then it's severe. But I can say this through time, and I've been in oil and gas since 2004, is the emphasis on environmental protection,

24:34 land reclamation, making sure that they protect groundwater. They have spent more money in. RD on making sure that they minimize the effects on the environment. Then I would imagine a lot of other

24:47 industries. And one of the biggest things right now is the methane, the flaring. That's a huge topic of discussion. And there's a lot of companies out there that are trying to come up with

24:59 technologies to minimize that and find ways, well, now with gas at almost 10 per BTU. People are finding ways to try and get it to market to sell it But for a while, gas is cheap and no one knew

25:11 what to do with it. So they just let it, they just flared it. And so, but now there's a lot of policy and a lot of mandates in place to say, okay, we got to minimize flaring. And a lot of

25:22 companies are spending a lot of money and time figuring out how to do that. And so, yeah, there's, I mean, especially here in the US and in Canada, the environmental aspect of our industry is

25:36 extremely important and a lot of companies. like they spent a lot of time and effort trying to minimize that. And so, but you don't see that, right? Like it's kind of behind closed doors and they

25:50 do it and, you know, people can plug their iPhones into the wall and it doesn't really mean anything. It's, you know what I mean? So it's, again, to your point is it's like you can't see them

25:59 when they're doing that. Yeah. Um, but it all adds up at the end of the day to where the US is producing in a way that's much safer and environmentally friendly than a lot of other parts of the

26:12 world. Um, and I've seen it and I've experienced it and I've been in meetings and talking about like, you know, reducing the amount of water they use, the reducing the amount of people that are

26:21 on the road driving. Um, those are just like a few of like tons of other things, but there's these little things that make people kick grass, but it's like, Oh, they're, you know, cause when

26:32 you frack a well, they, it uses a ton of water Well, everyone's trying to reduce the amount of water we use because it's somewhat finite. So, but yes, oil and gas companies, I mean, it's crazy

26:45 to see how much money and time they put into that because investors want it. Right now, if you're an investor, you want to invest in companies that have the environment. They have the, if you're

26:59 on the investment side, most companies want to invest in companies that have good ESG metrics. Environmental friendly And yeah, they also think it's a efficiency and some aspect. Yeah, it does.

27:10 Again, I can't, I wouldn't, I don't have enough experience on the operator side to say if they operate more sustainably and they have a better

27:25 ESG, sort of certain ESG standards or environmental standards that they operate more efficiently. I don't know that per se. I wouldn't want to come out here and say, yeah. of good environmental

27:39 standards are gonna operate more efficiently, but it's more efficient for the entire ecosystem to operate more efficiently because ultimately then investors are gonna wanna invest in companies that

27:49 do operate in a good manner to where then yeah, if we can produce more here in the US than that obviously that would be much better. So anyway, yeah, it'd be hard to make that parallel - I didn't

28:02 mean to hijack your rapid fire, but I do wanna plug in, so we are doing a vlog series with Presidio Petroleum and this week released in episode and it's all about how they're lowering emissions and

28:17 their operations. So I found it very, very interesting and I think that other people would too, it's just their take on it as an oil and gas company is very interesting. That's kinda why I had

28:31 kind of some conclusions, but it could be just them, but I hope they're the future and others will follow. Yeah, no, I mean, that would be something and I need to do more research on that as

28:42 well, but, and what was the operator's name - Presidio-patron - Presidio-patron. Nice, no, good for them, that's awesome - Yeah, all right - Yeah, we kind of touched base on this one, but why

28:52 should I, like someone that doesn't know anything about the oil and gas industry or the energy industry, why should I care -

29:00 You shouldn't -

29:04 I'm just kidding - That's the answer - Yeah, don't worry about it -

29:09 Yeah, they just - Make our lives easier - Yeah, it'll be there, just keep paying your bills, that'll be fine - Just keep living - You

29:17 know, that's actually a really good question, why should you care? Because it indirectly and directly impacts your life and it impacts your kids' lives.

29:27 And I think that the more people can be educated, they can make sort of educated decisions - Right, knowledge is power. Yeah, that's exactly. And so I think it just comes down to having a better

29:41 understanding and it helps guide your decision making, whether that's conserving, like, so for someone like yourself, and I know this because I've spoken to people that you were in their 20s,

29:53 they make a lot of their buying decisions based off of company value. So, you know, whether you're one in the store and if you see a shirt that like, oh, we, you know, a portion of our proceeds

30:05 goes to whatever environmental company versus no one, like the behavior of consumers right now is like, I wanna buy stuff that I align with this company values. So, yeah. And so if you have an

30:18 understanding of like energy and oil and gas, it might help you make better buying decisions, not like T-shirts, but it helps you understand why your electricity bill is probably gonna be double,

30:31 I don't know if you pay your electricity bill, I lived in New York and yeah, I got a big understanding. Every month when my con ed bill is coming in, I'm like, okay, why in the summer, price is

30:42 getting higher, you know - Yeah, so here on a macro level, it allows you, okay, so ultimately, whoever our administration is, whether it's blue, green, red, purple, whatever, well,

30:54 there's only two here in the US, but so it allows you to make better decisions when you're voting for who, and it allows you to understand policy. And I think that's where ultimately, if you have

31:04 an understanding of energy, a lot of when people, when the president voting comes up, a lot of their initiatives are energy policy and energy security. And so if you at least have some basic

31:16 understanding of that, then it might help you justify why you're voting for somebody, not to make it political, but ultimately if you vote for someone who, let's just say is like, we wanna stop

31:27 on the gas production period. Well, at least then understand that your electricity and all your energy prices are gonna go up.

31:35 we're still gonna use that oiling gas. So if we can't produce it, where are we gonna get it from? Oh, we're gonna depend on people from overseas. And if we do that, then we're giving up our

31:43 energy security. And I'm not gonna go into energy security, but that's a good sort of topic to Google is what is energy security. And so that was one thing in our former administration, it was

31:53 like energy independence. You know, again, no one's perfect. I'm

32:19 not blue, I'm not red, I'm more purple than anything. However, there is something to be said about having a degree of energy independence because that also increases our energy security. And wars

32:21 have been happening for years over money and power and oil. And so it all ties together and impacts us, whether we wanna admit it or not. It's again, like you said, the more knowledgeable you are,

32:24 the more you have an understanding of how it all ties together, you can ultimately make better decisions and more educated decisions than just off like a motion or headlines that we see every day.

32:35 Yeah, that's a really good answer. Our last one, this is my favorite one. What is your most embarrassing story in your career - My most embarrassing story in my career. Oh, that's a good one.

32:47 Let's see. Oh, this is a good one. And then after this, I do have to bounce ladies. But, so I started, so I was, when I graduated high school, I didn't know what I wanted to do, so I started

32:60 working drilling rigs. So then I went from being a city boy who enjoyed, you know, the fire things of life, partying, ladies, all that stuff as an 18 year old. Well, I went from that to going

33:09 to work on a drilling rig. Well, the drilling rig that I worked on only had two crews. And for everyone out there who doesn't know, normally have more than two crews so that you can circulate.

33:18 But if you only have two crews, that means that you don't really get days off. And so when that was happening, so I got onto the rig and I was like, So yeah, this is two week on, two week off

33:31 thing. And they're like, Nobody You're out here until we tell you can go home. but I thought, oh, okay, nevermind. So anyway, we're gonna rig and it had been like three weeks and I was like,

33:44 I really wanna go home. Like I went from being at home, like comfort of my parents' house to now working on a drilling rig and I don't know when I'm going home, this sucks, I hated it and I was a

33:53 lease hand and part of my job on a day to day basis was cleaning the like the rigs toilets and like the bathrooms. And in Canada, the trailer, the tool pushers trailer and the tool pushers kind of

34:05 like the boss on the rig. Well, anyway, at the end of his trailer was the bathroom. So one day I was cleaning the bathroom and I was trying to figure like how I could get home and I was like,

34:14 well, wait, you know, like I have a wedding coming up and I was like, okay. So, but I was too embarrassed to go into the, to my boss's trailer through the front door but from the bathroom to

34:25 the door, from like the bathroom that I was cleaning, there was a door to his office

34:33 and so I waited in the bathroom till he was done on the phone, then I knocked on the door and his name was Daryl, and he was like, Hello? I was like, Hey Daryl, this is Justin. I'm cleaning the

34:43 bathroom right now. I was wondering if you had a minute. And he's like, What the hell are you doing? Call me from the bathroom. I was like, I don't know. And so he opened the door and he's like,

34:50 You're the first person that's ever done. He's like, What do you want? I'm like, Well, I haven't been home and I have a wedding coming up, and I was wondering if I could be home for And I gave

35:00 him a date and he didn't give me an answer, but that was like looking back, if I was a boss and some kid was cleaning the bathroom and knocked on the door to ask for days off, I would have probably

35:14 ran him off. I'd been like, Don't ever ask me for days off while you're cleaning the bathroom. That's just so awkward. And so it's not really that embarrassing, but it's like, and looking back

35:23 at it, I didn't know how to approach my boss. And so yeah, I was sitting there with a scrub brush gloves and stuff like cleaning the bathroom, asking for time off, like looking back, like, I

35:33 wasn't embarrassed at the time, but now I'm like, wow, that was extremely embarrassing. I don't know why I thought of that. I'm sure there's - I think this makes your scrubbing the toilet. Hey,

35:41 boss, by the way, can I go home tomorrow? Yeah, like, can I have some days off? And the crappy thing is like, he never gave me an answer for like two weeks. So he kept like dragging along,

35:51 and I was like, God dang, and then he finally was like, okay, he's like, look, yes, you can go home for these dates, but then you got to come back, you know, these dates And he's like, but

35:59 if you ever ask me for time off from the bathroom again, you might as well not come back. I was like, okay, noted. Yeah, I'll come in through the front door instead of through the bathroom door.

36:08 Yeah. So that was the normal thing. I'm sure you probably this dumb kid, but yeah. That's I don't know if that's the most embarrassing, but I'm embarrassed to like describe that. So I don't

36:18 really get that word too much. But yeah, that was - Yeah, the dessert. Highlight of my career for sure. Yeah.

36:24 Thanks for coming on. I know you have a meeting to run to - No worries, this has been fun - Yeah - You ladies are crushing it and I'm super pumped to see how this evolves and like I said, evolve or

36:34 die, right - Yeah, exactly - Yeah, we'll have you on when we know a little bit more and you can talk to us more in depth - Yeah, no worries. I hope I did an okay job. It's, again, I'm working

36:44 on explaining things simply to people who don't quite understand it. So I think this is a good exercise and a great platform to do that. So I commend you ladies. It's such a good idea - Awesome,

36:54 well, thank you, Justin - Thank you - You're welcome, thank you guys - Should we plug your podcast - Oh, should we - Try non-existent followers - That's good - You guys are gonna have lots. I'll

37:04 make sure my mom subscribes - Thank you - Yeah, we got one subscriber, our moms are - Yeah - Yeah, no, my mom's always like, I listen to your podcast again. I was like, yeah. So yeah, if you

37:13 wanna, so again, I have a podcast, Wicked Energy with JG. You can find it on all directories. And it focuses around having discussions about. You know, a lot of the challenges, the innovation,

37:23 the transition,

37:27 and through speaking and interviewing energy thought leaders. And so, yeah, just continuing to educate, dive deep into a lot of the challenges and just some really good discussion on oil and gas,

37:38 whether it's technology, policy, you know, the transition, sort of all things good for energy. So, and then too, is like how a lot of the conversation I like to have is how can we help provide

37:50 energy to the world? Because I think one of the problems is, you know, it's one thing to help, you know, reduce emissions and everything else. But I think the biggest problem we have right now

37:59 is energy poverty and lots of parts of the world is so how can we allow for people to have access to reliable, abundant, and affordable energy? I think that needs to be the North Star. And then

38:10 beyond that, we can continue focusing on, you know, reducing emissions and all, you know, the greenhouse gas effects and everything else But that's a privilege. Yeah, it is, right? And so

38:20 there's countries out there who don't care about emitting. They just wanna be able to heat their hospitals and have electricity so that they can have babies in a nice environment versus on a dirt

38:30 floor. So keep that in mind - Yes, well, thank you, Justin - Yeah, thank you.

Oil and Gas 101: The Basics [Without Technical Terms]