The Huddleston family made national news recently when they turned down about $26 million to sell their Mason County, Kentucky farm to an AI company. Instead, they opted to preserve the family heritage of farming green plants instead of power plants and data centers. State legislators in Alabama, Georgia, and elsewhere have declared moratoria on […]
Swinging into Spring
ODESSA, TEXAS—The beautiful Odessa Country Club was the site on May 28 for the day-long golf event that has come to be known as the Permian Basin Petroleum Association “Spring Swing.” Fine weather greeted the full slate of teams. The format was a four-man scramble. If enthusiastic participation in golf tournaments can be construed as […]
Milton Friedman: Architect of Modern Free Market Economics
Our nation lost the man who was possibly its greatest economist of the last 100 years when Milton Friedman passed away 20 years ago. Some of us are old enough to remember his appearances on television in the 1980s, during the Reagan years, when, with rousing phrases, he championed free market policies and small government. […]
Keeping Things Real
It was James M. Barrie, the English author known as the creator of Peter Pan, who said that “Life is a long lesson in humility.” It seems that we either learn humility on our own, of our own volition, or, if we live long enough, we get it ground into us by life itself, whether […]
Unforeseen Consequences
I am finishing this article on April 15, and I was so delighted to pay my taxes this year. The more you make, the more you are taxed, and if you are 65 or older, the more you pay for Medicare. Our younger workers have no idea what will happen when they turn 65 and […]
The Lay of the Land
In some ways minerals and land people have less availability of AI and massive databases than their coworkers in geology and engineering. That’s because engineers and geologists lean on extensive internal and external monitoring systems to gather their data, which can then be examined and used by AI for automation and for human input. For […]
Gone Global
On one hand there are domestic companies looking to markets around the world. On the other, international companies are establishing Texas roots. In both cases the Permian Basin is home to increasing service connections of an international persuasion. One compression company in New Mexico and one of their suppliers, a Wisconsin compressor manufacturer, are reaching […]
My, How Time Flies
A few months back, I alluded to the fact of how long I’ve been writing the safety column for PBOG magazine. I thought I started writing the column 2020, yet it turns out to be since July of 2019. I have realized that it is a difficult task to stay fresh, even for someone like […]
Rising Tide
It should surprise no one that this year’s UTPB Energy in Water Conference was the most well attended yet. Brian Ward of APATEQ observes, “There is no comparison to the expert discussions, the tremendous networking opportunities, and the hospitality is second-to-none.” Indeed. Robust panels of deeply committed and insightful professionals discussed the entire oil and […]
Where is the Money Going?
With the huge uptick in O&G commodities prices since early February, who has benefited most The winners are emerging, certainly, but they are not evenly distributed across the oil patch. The sudden rise in oil and natural gas prices since early February has created a familiar but uneven phenomenon in the energy business: a […]
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