#hottakeover your commute A shout out to Range Resources for a great press release on 2020 guidance (too bad they are Natgas producers!) We talk debt issuance: for refinancing (Range) and M&A (WPX) and why there is a difference. Parsley closed the deal with Jagged January 10th and PDC closes their deal with SRC January 14th– two more HQ loses for Denver and a continuation of the theme that only headcount reductions can free up capital for drilling wells since the banks and equity markets are closed. Finally, headcount reduction announcements out of Apache and Oxy. What does it mean and what’s next for Apache. ... https://www.youtube.com/watch?v=SGP4YaQMeak

For Episode 32, David welcomes the straight-shooting long-time energy insider, John Hofmeister. Upon his retirement as President of Shell Oil Company in 2008, Mr. Hofmeister founded and heads the not-for-profit membership association, Citizens for Affordable Energy. Mr. Hofmeisters’ official bio: Upon retirement as President of Shell Oil Company in 2008, Mr. Hofmeister founded and heads the not-for-profit membership association, Citizens for Affordable Energy. A business leader who has participated in the inner workings of multiple industries for over 35 years, Mr. Hofmeister also has held senior executive leadership positions in General Electric, Nortel and AlliedSignal (now Honeywell International). Mr. Hofmeister served as the Chairman of the National Urban League and remains on the board. He also served on the board and as the Chairman of the U.S. Department of Energy’s Hydrogen and Fuel Cell Technical Advisory Committee. He serves as non-executive Director of Applus+ Services, Barcelona; and ioneer Ltd, Sydney and Strategic Partners, Washington DC. Mr. Hofmeister is a Fellow of the National Academy of Human Resources. He also is a past Chairman and serves as a Director Emeritus of the Greater Houston Partnership. He is the author of Why We Hate the Oil Companies: Straight Talk from an Energy Insider (Palgrave Macmillan, 2010). Mr. Hofmeister serves as a Wrigley Scholar/Executive in Residence in the Global Institute of Sustainability at Arizona State University. He is also a Lecturer at the University of Houston and at Kansas State University. Mr. Hofmeister earned Bachelor’s and Master’s Degrees in Political Science from Kansas State University. In May 2010 he was awarded an honorary doctorate of letters from the University of Houston and from Kansas State University in 2014. In addition to his board service and academic teaching, Mr. Hofmeister also speaks frequently to interested companies, associations, and other groups globally on the themes of the 21st Century energy transition, including the future of supply, efficiency, environment, infrastructure and governance. He also provides insight and commentary to a wide range of media regarding current energy issues and topics, including the geopolitics of energy. He also provides information and perspective to relevant policy making and government organizations. Share on LinkedinShare on FacebookShare on Twitter ... https://www.youtube.com/watch?v=g0ibRVK0PZM