Today with Steve Blackwell, we cover some interesting shifts in the oil and gas market. The shale revolution changed the global dynamics as a commodity and its price. The ESG investing movement came after that and brought some good and bad things to the market.
The ESG investing movement accomplished two things. Limiting the capital for drilling programs and investors demanding returns in months rather than years. The United States industry listened, evident today with the many returns provided to investors. The world listened, and the activist and fear to invest in drilling programs have left the supply side short for the next decade, even with demand destruction.
Steve is an industry expert and has seen many different types of operations. We had fun and see what may be in store for investors and consumers.
Thanks, Steve, for stopping by the ENB podcast. – Stu
Please reach out to Steve Blackwell on his LinkedIn HERE. And the Invito Energy Partners website is HERE.
This news interview originally appeared on EnergyNewsBeat.com, and was hosted by Stu Turley, CEO, of Sandstone Group.