October 7

A wild energy discussion – Stu Turley, CEO of the Sandstone Group and Podcast Hosts stops by The Energy Fellows Podcast with Mark Stansberrry

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 This was an honor to be on Mark Standberry’s “The Energy Fellows” podcast. Mark is a true industry thought leader, author, and movie mogul. He has even been on the Energy News Beat podcast and we had an absolute blast. 

The discussion has several key discussion points:

Write down everything with dates. Documentation in business, and life is important.
Name your company/podcast to your chosen market. We target the entire energy market with Energy News Beat. An exhample is Oilprice.com is now having to force renewable energy articles out and fight for SEO.
Stu spends 3 hours each morning before the normal work day working on news/websites and getting ready for meetings
Allow your employees the freedom to make decisions. The more decisions they can make are more you don’t have to focus and frees your time.
The Energy Transition – we need all forms of energy, wind, nuclear, solar, hydro, geothermal, and provide the lowest kWh to everyone with the least impact on the enviornment.
Sustainability includes not printing money.
Energy Transition is stalling.
ESG is running into roadblocks.
Wind Farms are not sustainable fiscally. With no Tax or Subsidies they fail the fiscal sustainablity from day 1. With Tax Subsidies, they only last upto 8 years. They are “Carbon Net Zero” at 10 years. So they are almost impossible to justifiy for low cost energy.
Geothermal may be a great avenue for the E&P and oil field service companies.
Energy News Beat podcast over 4 million impressions and almost 1 million downloads in 2023

Follow Mark on his LinkedIn

Check out all of his podcast episodes  Podcast at OGGN HERE

 

Check out Mark’s book!!!!! This book is a great read, and has a new update also available.

Source: ENB

Mark stops by the Energy News Beat Podcast HERE

Transcription edited for grammar. We disavow any errors unless they make us sound smarter.

Mark Stansberry, Author, Podcast Host, [00:00:43] Welcome to another episode of the Energy Fellows podcast. I’m Mark Stansberry, your host. Today, we’re in for a treat. We have a special guest that’s been on before. He did an outstanding job, and I’ve been wanting him back for quite some time, and we finally have. And so he’s a very busy man. We talk about our friend. But before we do, please rate and review our show the Energy fellows and go to the show notes and tell us what we’re doing as far as good. We’d like to hear about that. But also anything you have for suggestions, please provide those as well. We would think our sponsor think Oh, guy in the family as well for all they do for us. We appreciate all their efforts and thank them for all they’ve done through this past year. And I wanted to mention about my book or the actually monograph. It’s America needs America’s energy and its natural resources, and you can get that on Barnes Noble as well as Amazon. It’s e-book format. We started writing or I wrote a book called The American Use America’s Energy Creating Again the People’s Energy Plan back in 2012. And this is a supplement to that, a monograph. And you’d also get the original book online as well from Barnes Noble or Amazon. A big thank you to those that have watched our documentary short for Stop Secret HID reviews from that, and I hope you’ll tune in to that. Our column, my column in All Man magazine, you can find each time there’s an issue upcoming issue of September. October is coming out very soon, and I hope you can tune into that as well, because you can also go online and get information that way as well. And all Man Energy’s magazine in all magazine are all part of the publisher publishing company. The publisher is Emmanuel Sullivan. So please reach out to Emmanuel. Tom, thank you for all he does as well. Well, I can tell you again, we’re in for a treat because I have a good friend of mine and a fellow podcaster, Stu Turley. Stuart Turley, thank you for being on the Energy Fellows podcast.

Stu Turley, CEO, Sandstone, Podcast Host [00:02:47] Okay. Well, thank you, Mark. I got to give a shout out to you for everything that you’ve got going on. Your books are phenomenal, and I’ve enjoyed reading your books. I want to give you a shout-out because those are timeless. Everything you wrote is applicable today, and that’s a sign of a good book.

Mark Stansberry, Author, Podcast Host, [00:03:04] Well, that means a lot coming from you, Stu. And I know you’re very direct, so you go either way on that. So I appreciate you on this side of the coin instead. I appreciate you very much. And we’ve introduced you before, but there are those that are going to hear you for the maybe the first time or those that listen to your show and so forth. But if you would give a little background about yourself and also what you’re working on primarily about your company and about your podcast, instead of me reading the bio, they want to hear from you.

Stu Turley, CEO, Sandstone, Podcast Host [00:03:34] Stu Okay. I don’t like being a podcast. Host. This is weird, Marc. I don’t like talking about myself. I feel like I need to be interviewed.

Mark Stansberry, Author, Podcast Host, [00:03:42] Well, no, I’m so excited to have you on. So you’re always great and you have great fans. My wife and I are both fans of yours and what I made you do Turley back on my shoes, really excited about it. So it’s wonderful.

Stu Turley, CEO, Sandstone, Podcast Host [00:03:55] Well, thank you. Tell her I said hi and I’ll tell you, I’ve got a great partner in Michael Tanner. He is a young millennial, and he and I have been working together for three years and it has been a phenomenal ride with him on Sandstone. And we did podcasts. I mean, it’s been a nutty, nutty thing. Our Daily Show is hitting it out of the park. We’re getting between 20 and 60,000 hits on our website at day. And of that, a significant chunk is either reading the transcripts on the news on these pages. So the impressions on our podcast, because Mark, we put it out on our website, all major podcast channels, YouTube, rumble socials, and that has made a difference. We’re now in 102 countries. And Mark, I’ll tell you, is so much fun. I get to talk to people from around the world. I just talked to a young lady who is probably the most known. Knowledgeable I’ve ever heard on fishery wells and wind farms. And I mean, it is frightening. That podcast is just crazy. I got to interview Dr. Patrick Moore for the second time and he wants to come back. I’ve even had people like George Friedman for geopolitical things. I’ve had even Patrick Moore, who is the founder of Greenpeace and all these just absolutely wonderful guests. It’s really hard to explain. I enjoy talking to my guests about geopolitical, renewable, wind, solar, nuclear. I’ve had Meredith Angwin, who wrote the book Shorting the Grid, and I learn more about the grid more than should be humanly allowed. And it’s not just about oil and gas. Mm hmm. So then at Sandstone, we have ten podcasts that we produce very much like Mark Looker over at over. And I love Mark. I mean, I think the OG network, which you’re part of, is one of the best platforms out there. And wait a minute, don’t tell Mark. I said, you know.

Mark Stansberry, Author, Podcast Host, [00:06:13] Well, he’ll be here. He likes to listen to your podcast and this one particular. So you’re going to be shown here very soon. And that’s right.

Stu Turley, CEO, Sandstone, Podcast Host [00:06:21] Retro as good, he would say. And then where we really shine. This sounds kind of corny, but the reason I went for that aspect, Mark, is thought leadership. Like what you do matters and you do the podcast. It goes out to the website and it goes to all the channels. It makes a difference, and the feedback I’m getting is worth it. Now, from a business perspective, you start rolling that in and we’ve crashed. I don’t want to say cross-bred, but it really is the machine we built. I can drop it on to oil and gas. We’ve helped raise millions and millions of dollars for oil and gas drilling. We can turn around and we drop that same system on home health. We drop that same system on doctors. And it’s just a truly amazing thing. And I can’t do it without my team behind me. And I mean, I got a great team in order to do all this. I can’t get everything done. So podcasting, like, very much. Mark Like the OG and model works. Mm hmm. And people don’t realize you can own your own industry through thought leadership.

Mark Stansberry, Author, Podcast Host, [00:07:38] Mm hmm. So important, No question about it. And appreciate what you’re doing and providing that thought leadership and the ten podcast and all you do. And you’re very busy when it comes to I think you’re an early bird, if I remember right. You get up early and because you keep up with the news and keep up with what’s going on and you tell us about it. So that’s why I stay in bed for a little while longer. And I listen to Stu and.

Stu Turley, CEO, Sandstone, Podcast Host [00:08:05] Mark and I buy and and I’m going to call you on that.

Mark Stansberry, Author, Podcast Host, [00:08:09] Well, it’s true, though.

Stu Turley, CEO, Sandstone, Podcast Host [00:08:11] Now, when you sit back and kind of go, I spend probably in the morning, 3 hours before work, reading stories, getting the website and getting the articles written for my clients, doing all that kind of stuff. And so then throughout the day, I’ll either visit with investors throughout the different markets or visit with folks all around the world and trying to visit with I’m now trying to interview several African leaders about the child abuse and getting cobalt and gold and all of these other things. So very much like visiting with about the whale problem and the marine problem with the offshore wind. I try to talk about all forms of energy, but it starts, like you said, at Oder 30.

Mark Stansberry, Author, Podcast Host, [00:09:01] That’s right. That’s exactly right. And that’s really a good lesson for those that are listening, whether they’re students or one up the chain of years, because, you know, these habits that goes into management. You’ve got these habits that are really good habits to have and it pays off. I mean, here you are very busy in your own profession along with podcast, and that’s a profession as well. But you tie them together and you have to stay balanced and have a great approach. And if you will, let’s talk about management. You mentioned the first 3 hours your day, but it’s pretty involved. I mean, beyond that and also those 3 hours to keep everything moving, to have people scheduled to speak, having schedule meetings. And I know this day and time, you know, back 40 years ago, I first started 46 years ago, we didn’t have Zoom. We had maybe well, I didn’t even have a fax machine. We wound up getting one. So we’ve advanced so much, if you will give us some. Guidance, including I’d like to take some notes myself on this.

Stu Turley, CEO, Sandstone, Podcast Host [00:10:03] Well, I’ll tell you what is it’s an old habit that you start with, write everything down. And I threw away my pen years ago and I’m using like one note. It’s available on all eight of my laptops and Linux machines and write it all down so you can reference it, have doctored documentation is what people call me because I like being able to refer things to Mark. I am old enough that I’m feeble when you sit back and take a look. It’s attitude, Mark. It’s all about attitude. And years ago when the kids were growing up, I got my black belt. I’m a little bit competitive.

Mark Stansberry, Author, Podcast Host, [00:10:44] I would say, sir.

Stu Turley, CEO, Sandstone, Podcast Host [00:10:46] So when you talk about competitiveness and you take that in having fun, I was talking to my employees about I get to be on the energy fellows here and talking to Mark, and I said, Guys, what do you like working at Sandstone? And they said, We are a part of the team. We have fun every day and we work and we want the companies to succeed. All right. You’re just talking about the dream employees. How do you get there?

Mark Stansberry, Author, Podcast Host, [00:11:17] Right. Right.

Stu Turley, CEO, Sandstone, Podcast Host [00:11:19] And we start out every morning with I try to keep every meeting less than 30 minutes in, every morning meeting, and I try to do 15. It’s respect. It is when I know what kind of thing I want done to a website or I know what vision I want for the client or the messaging. I’m not going to tell Mark. I go out and I kind of say, Hey guys, this is the end goal. Can you guys tell me how you would get there? Right? And sure enough, that afternoon they come up and Mark and they come back with things that are even better. And it’s wonderful. I give my employees so much freedom and autonomy to make decisions. They’re invested in the decisions, and people that are invested in the decisions will run harder. And I mean, our staff and I’ve had several other employees that I’ve had to let go. They didn’t fit into the mold of having fun. They wanted everything spoon fit. And, Mark, let me ask you this question. Why did we win World War Two? There were several reasons. But off the top of your head, why did the U.S. do so good in World War Two?

Mark Stansberry, Author, Podcast Host, [00:12:40] Team effort? No question. It all came together.

Stu Turley, CEO, Sandstone, Podcast Host [00:12:43] And your movie actually covered part of that with us helping the UK and in the Sherwood Forest, teaching them how to drill for oil, right?

Mark Stansberry, Author, Podcast Host, [00:12:54] That’s exactly right.

Stu Turley, CEO, Sandstone, Podcast Host [00:12:56] Which I don’t mean to give you a shameless plug, but that’s a heck of a show.

Mark Stansberry, Author, Podcast Host, [00:12:59] Well, I appreciate that. It’s a leading question. I like the answer.

Stu Turley, CEO, Sandstone, Podcast Host [00:13:03] Here’s the thing. It’s also the technology and the manufacturing. But the most important thing that won the war was the ability of the US G.I. to think independently in the field under fire. Very good point. The generals would say, go take that hill. And I love that story of General Patton when he was a student at West Point and he was in there and he sat back and one of his tasks was you have 3 hours to write a plan to take your 452 or whatever the number was. He was done in one minute and he sat there with his pen down for the rest of the 3 hours. And all the other guys were saying, I’m going to give five guys over here. We’re going to have it meet together and then we’re going to do this and then we’re going to do that and it’s going to be all this kind of stuff. And the teacher came over and pulled General Patton’s notepad. He said, How come you are done so quick? And he said, My plan is, Sergeant, take that hill. Now, I have taken that to heart. And I go to my employees and I say, John, take that hill. And I really have benefited. I’ve been the beneficiary of learning from my employees through my whole career.

Mark Stansberry, Author, Podcast Host, [00:14:30] No question about it. Not only management, but adapting is a big part of that as you’re talking about. And adapting is something that in rural too, they had to adapt. And it’s not that easy to do for some folks, but it’s something that becomes a way of life, right? I mean, you’re adapting every day of your life. So I was like.

Stu Turley, CEO, Sandstone, Podcast Host [00:14:51] Oh, absolutely. Mark And as a small business owner, I have to adapt and change and roll with the fly on the fly. And Mark, let’s take Oilprice.com and let’s take your oil dot com, please. Years ago I told one of my previous folks that you got to lose the name oil on your main focus. It is about oil, gas, the grid. It’s about energy. It’s about elevating humanity out of poverty. It’s geopolitical. It is about everything that I’ve got going on. And now you see Oilprice.com and you see world oil, some of the greatest websites out there. And now they’re pumping renewable. Now they’re pumping stories on mining. And no, they’re now starting to do this. But their brand is oil. Mm hmm. Okay. So you can start running things that way. Mark your brand. My brand is Energy Newsbeat by sandstone. Right. And I mean, I can talk about anything geopolitical, because energy is where it’s at.

Mark Stansberry, Author, Podcast Host, [00:16:07] You’re exactly right. I like what you’re saying because the adapting part, the management part. But now we’re going through the transition. And in order to get through this energy transition, it does exactly that. Does it mean just natural gas by itself or oil or wind or solar? It’s going to take all of it. And it’s a transition to the future. And I wonder what it’s going to look like 50, 60 years from now. But it starts right today, doesn’t it?

Stu Turley, CEO, Sandstone, Podcast Host [00:16:33] Oh, it does. And the energy transition is really, really important. I believe that we do need to get to wind, solar, nuclear, hydrogen, all of these different technologies. We need to electric cars. We need to go all this way. But let me throw this caveat at you. Caveat is I believe that we should provide the lowest kilowatt per hour to every citizen of the world with the least amount of impact on the environment and being able to be sustained through environmentally sustained processes, not printing money and fiscally responsible. Okay. If you can meet that structure in any energy form, you’ve got sustainable energy. Right. And what I’m seeing right now, the technology in the wind farms are not there. Mm hmm. The wind farms are important. Going to wind is important. But the facts around people saying that they last 30 years is not there. Mm hmm. That mark carbon neutral on a wind farm after you make the steel, getting them there with all the earth movers for every pound or whatever it is of for lithium. That’s a ton. I mean, whatever the number it is, I got to go fact check myself. Mark, I did go to ISSUES. It’s ten years before a wind turbine can become carbon net zero.

Mark Stansberry, Author, Podcast Host, [00:18:04] Mm hmm.

Stu Turley, CEO, Sandstone, Podcast Host [00:18:05] So if it lasts 30 years, it makes it. Oh, you got 20 years of carbon net zero power. Right. Okay. Here’s what is out there now. My crayon math. And it is a crayon because I’m trying to validate everything that I’ve got is eight years. Hmm. A wind tower and wind farm are fiscally unsustainable at eight years. When you take a look at maintenance, cost of energy, cost of going to the grid, and it’s less than that, if you take away the printing of money and the ruination it has done. Is ruination a word, mark?

Mark Stansberry, Author, Podcast Host, [00:18:51] It is for Mark and stu market to book area.

Stu Turley, CEO, Sandstone, Podcast Host [00:18:56] And now there’s talking about global stagnation going on in a recession. And it’s because the world has spent trillions of dollars going to renewable and we’ve only added 2% to the energy mix. Yes, very good point. And here’s another one. Do you remember the blackout? I believe it was 23 or 28 in the East Coast. Yes. It was brutal. Billions of dollars was lost in business and problems. The difference between it and ERCOT. The one that happened where people died in the winter. 20%, circa I believe at that time was renewable energy on ERCOT. That’s right. How much was on the grid back then?

Mark Stansberry, Author, Podcast Host, [00:19:49] And 28.5% says very low. Yes.

Stu Turley, CEO, Sandstone, Podcast Host [00:19:54] Yeah, 8.5%. And it still broke. Now the grid. It is highly, highly, highly unstable. And from an energy security standpoint, we’re kind of hanging out there on the backside. I mean, it’s not a pretty picture as far as security goes. And if the grid goes down or an MP hits, we’re years away from getting it fixed, Mark, because the supply chain I’m sure you’ve talked to other industry leaders.

Mark Stansberry, Author, Podcast Host, [00:20:25] No question. No question. Know reliability. You have to have accessibility and you have to have infrastructure, and that has to be dependable. And that’s where you’re talking about. And you can’t look just the you know, we’ve got like, say, wind ten years from now. It’s something we need today. And you hit it also from the standpoint of looking at the low prices that you can possibly get for the world, because, you know, it’s one thing to talk about America, but also the globe where you have a lot of folks, even in the United States, aren’t able to have proper refrigeration and lighting and things like that. And you get down to the facts of 3.5 billion or so, people would have the luxuries of energy like we have when it comes to electricity.

Stu Turley, CEO, Sandstone, Podcast Host [00:21:08] And oh, you buy smart. Let me throw this pitch in this week. New York. Yeah, got to love New York. It’s the gift that keeps on going for nut ocracy in California, Germany and New York. New York is facing a 47% increase in electricity to New York consumers.

Mark Stansberry, Author, Podcast Host, [00:21:33] My goodness.

Stu Turley, CEO, Sandstone, Podcast Host [00:21:34] Kathy of came out and said that they’re killing their nuclear their last coal fired plants. They’re trying to cut out coal. I mean, gas. Here’s what gets me worked up. Russia sanctions don’t work. I’m going to go about this in a roundabout way, Mark. Right. Sanctions don’t work. Russia has done just fine. The weaponisation by the current Biden administration has forced the world away from the U.S. dollar. The US petro dollar. BRICS is now going to be in charge of in January of 2024. Mark 80 to 90% of the world’s oil production. They’re going away from the U.S. dollar and it’s because of primarily the Biden administration is going to devastate the U.S. economy because who wants to buy U.S. Treasuries and the U.S. debt when we’re going to get sanctioning people and stuff? It’s not going to happen. Now, let me roll back through on this. New York Kathy Hochul says everybody gets to pay for the extra so we can go to renewable all wind also. And they are buying, I believe it’s 70% of the jet fuel on the East Coast is Mark. Take a guess Russian. It is coming in from Spain and it is Russia or it is Russian oil. That is to I believe it’s either Iran or another one. Qatar gone through their refinery and it goes to the East Coast. So all of the energy hypocrisy that’s going on right now, people strap themselves in an airplane and they go running right along on Russian gas. Upstate New York is now killing pipelines and they’ve got the Marcellus and all of the gas that they can possibly burn. Low cost natural gas in. The EIA came out and said the only reason the U.S. lowered its carbon footprint was because of natural gas. Right. They are not going to allow a pipeline in. And why is it that the world is using more coal? Mark, It’s because they’ve killed nuclear. You can watch coal going up. Before the pandemic, there were 8000 permits for renewables waiting to go through permitting process. Mark, There are now 24,000 renewable projects trying to go through permitting.

Mark Stansberry, Author, Podcast Host, [00:24:19] Exactly.

Stu Turley, CEO, Sandstone, Podcast Host [00:24:20] So we need energy of all types, but we need sustainable energy. How did I do with driving your head nutty?

Mark Stansberry, Author, Podcast Host, [00:24:27] Well, I love what you’re saying. Everything you’re saying is it’s challenging us and that’s what we need to do. The challenge to look at it in a true picture, not just make believe in a sense, because we’re here today and their future generations are depending on you and me and others to make sure we have this pathway or pathways established in a road map. And we’re just going over the page when it comes to road map marking here, marking there, and not looking at what’s needed. And when you don’t allow those to build if. The structure, you’re only hurting your own people. And whether it’s state or country and you’ve got to adopt policies and plans and that’s what you’re talking about as well, and talking about policies. There are some updates. I know we’re going to be limited on time here in a few minutes because of the time that we have. As far as the episode that ESG, You know, I’ll have to have you back, by the way, Stu. I mean, you got to come back more than a year ago. We’re going to make sure you come back more than a year later.

Stu Turley, CEO, Sandstone, Podcast Host [00:25:27] I love talking to you. Any time.

Mark Stansberry, Author, Podcast Host, [00:25:29] Well, thank you, because I do you as well. I did catch up with you. ESG, environmental, social governance, something we both have followed quite a bit. I mentioned it quite a bit on my show. Tell us where we are today and what vision you see far as ESG goes.

Stu Turley, CEO, Sandstone, Podcast Host [00:25:45] Well, Mark, we have another 2 hours. I’m so glad. Let me just say, there’s a little bit of hypocrisy in ESG funding. And BlackRock, let’s start at BlackRock. They lost $1.7 trillion last year in the first half of last year because of their investing policies in renewable energy. That is not sustainable. So they were following all the ESG funds and everything else. So BlackRock this past week, Larry Fink put out and said we are not approving 94% of the ESG funds that are brought forward to us and their projects. Interesting is because they are now having to be bold of survival and trying to go through that. Let’s take a look at our great American oil and gas companies. They did not. Exxon and the other ones did not go full all in on ESG. I’m going to caveat this here in a sec. Occidental did, but they did it through a business model, supporting it through carbon capture. So they did. But they still kept up their EMP operations and everything else. So in Europe, their ESG strategy was. And Mark, I’m again, as you kind of guy right now, energy or is it total energy or they decided they were getting out of oil and gas altogether? They started doing all these renewable projects. They lost billions. Siemens, one of the biggest wind manufacturers, lost billions. So they all now have come back around and Shell has said, oh, we’re now investing in oil and gas AMP. Most of it is going into Africa. And then we are stealing African resources and not giving back to Africa. That is a whole nother subject, right? But what we’re seeing is the ESG hypocrisy in that investors are due back their money and they have a right to money. And the U.S. great oil companies have been giving money back and increasing CapEx. My hat is off to all oil and gas companies, even private big small ESG investing. And the ESG hypocrisy is coming around the corner and people are waking up to you have a right to drill for oil, you have a right to do oil and gas. You have a right to do wind farm. You have a right to do energy. But let’s be like Alex Epstein. Let’s be like the ones and taking care of people. We were mentioning Africa. We’re forcing kids into slave labor in order to get cobalt. I’m looking forward to visiting with some of the African folks, African leaders in Africa about this. I’m trying to shore those up, but let’s be humanitarians to all people of the world first. I think without that, ESG is just talk. Right.

Mark Stansberry, Author, Podcast Host, [00:28:59] Right. Excellent point you’ve made today on the energy fellows and men who always run out of time. We get so many things we could cover. And I really appreciate you taking this time to do. And those who want to get in touch with you, how’s the best way or at least a tune in. You mentioned earlier, but Mitch, the podcast, how to tune in to your podcast as well as your company.

Stu Turley, CEO, Sandstone, Podcast Host [00:29:18] Oh, thank you so much, Mark. And everything’s available on Energy Newsweek.com and you can find my podcast app at the upper left hand corner or right in the center of the page, and then also on LinkedIn. Stuart Turley On LinkedIn and I answer all emails, all requests and love talking to people about any kind of energy or humanity.

Mark Stansberry, Author, Podcast Host, [00:29:44] Or you’re wonderful, get in touch with. And so those who try to reach out. He’s the best. He’s wonderful about making sure the audience is plugged in. And those that have any questions are always carried on. As far as him getting back with you, we appreciate that. I would like to end on this. The. Again, there are those that are challenged of which way to go when it comes to, of course, we talked about all forms of energy. But on a personal level, many folks out there are struggling, going, what do I do? I stay in the energy business or do I get into the energy business or what options we have? And you know, when you apply it in your future, it’s pretty tough sometimes. But do you have any tips that you can provide or tip or to close out?

Stu Turley, CEO, Sandstone, Podcast Host [00:30:22] I’ll tell you what, we have such a great, great oil and gas M.P. companies that are out there. And Mark, I believe in ESG. I believe in the environment. And you know what’s great coming around the corner, geothermal and everything you do in geothermal, the oil and gas AMP operators and oilfield service, they got the same skill sets. So if you want to make money and you want to make a good career. Oil and gas and geothermal is going to be around a long time. Mm hmm.

Mark Stansberry, Author, Podcast Host, [00:30:59] Great point. I’m glad you’re saying that because the workforce development and talent retention and all that can still stay in place. By all means. If we can just take the talent we have and definitely put them in the right spots. People have a great opportunity for a great future and keep the energy flowing as we say. So thank.

Stu Turley, CEO, Sandstone, Podcast Host [00:31:18] You. Well, Mark, thank you for having me on. But how do people get a hold of you?

Mark Stansberry, Author, Podcast Host, [00:31:21] Well, that’s a great question. You know, I have. I appreciate that as well of the energy fellows dot com. And if you go there, the you philstar.com you get in touch with me that way as well as it gives you a roadmap of how to get in touch with you otherwise and other things I’m working on as far as projects and my interest that I have in film and energy and so forth. So thank you, Stu, for saying that, you know, the future of energy depends on us. Depends on all of us. Thank you, Stu, for being on the Energy Fellows podcast. Welcome the audience back. Any time. Each week when we talk about energy and the future of energy. And tune in to Stu Turley with his shows as well. Thank you, Stu.

Stu Turley, CEO, Sandstone, Podcast Host [00:32:03] Oh, hey, Mark. Thank you so much. I just appreciate you’d.

Mark Stansberry, Author, Podcast Host, [00:32:06] Appreciate you, too. We’ll be in touch soon.

 [00:32:08] Join us again next week on the Energy Fellows podcast. A production of the Oil and Gas Global Network. To learn more, go to again dot com.

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Fed’s ON RRPs Plunge to $155 Billion as QT Drains Liquidity, Nothing Blown Up Yet. SOFR & TGCR Spreads Begin to Move

Fed’s ON RRPs Plunge to $155 Billion as QT Drains Liquidity, Nothing Blown Up Yet. SOFR & TGCR Spreads Begin to Move