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Episode 334: Abundance vs scarcity with RJ Burr
Manage episode 434576098 series 3089413
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Summary
The meeting discussed rjburr's reflections on controlling abundance versus scarcity, questioning historical events like 9/11, and the factors contributing to the continued reliance on oil. There was also a discussion on the complexities of navigating oil politics and day-to-day operations, as well as differing preferences for the 2024 election based on personal and professional interests. Additionally, rjburr highlighted natural gas as an alternative to oil and detailed a new drilling technique developed by the team, emphasizing its potential for significant growth and opportunities.
Key Points
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The meeting discussed rjburr's reflections on controlling abundance versus scarcity, questioning historical events like 9/11, and the factors contributing to the continued reliance on oil. There was also a discussion on the complexities of navigating oil politics and day-to-day operations, as well as differing preferences for the 2024 election based on personal and professional interests. Additionally, rjburr highlighted natural gas as an alternative to oil and detailed a new drilling technique developed by the team, emphasizing its potential for significant growth and opportunities.
Key Points
- rjburr reflects on a conversation with Nigel Farage at CPAC about controlling abundance versus scarcity. 4:45
- rjburr raises questions about historical events like 9/11, highlighting inconsistencies in official narratives and expert opinions. 8:08
- rjburr discusses the factors contributing to the continued reliance on oil, including the lack of feasible alternatives, increasing global demand, and the impact of political decisions like those made by President Trump and Biden. 22:00
- Sam Knickerbocker raises questions about the political landscape's impact on drilling permits, expressing confusion over laypeople's understanding of industry fluctuations and layoffs, prompting a discussion on the complexities of navigating oil politics and day-to-day operations. 29:13
- rjburr explains his differing preferences for the 2024 election based on personal and professional interests, highlighting Trump's understanding of business and Biden's impact on the oil industry. 30:33
- rjburr argues for natural gas as an alternative to oil, highlighting the existing infrastructure and practicality of converting cars to run on natural gas. 46:16
- rjburr details a new drilling technique developed by the team, emphasizing its success rate and the interest it has generated from other property owners, showcasing the potential for significant growth and opportunities. 1:31:16
- rjburr discusses the need to raise more capital to expedite the company's growth, considering various options including partnerships or going public, while also acknowledging the possibility of a longer timeline if self-funded. 1:33:49
- rjburr to reach out to their publicist or relevant contact to schedule a follow-up conversation for next year. 1:49:28
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