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At Super DUG 2026 in Houston, David Reed, founder of Reedem and CTO at NOV, discusses rising global oil demand, energy security, tariffs, and new opportunities in the oil and gas industry. He also shares how Reedem is working to prevent human trafficking and protect vulnerable children through industry awareness and outreach.

1. Market Dynamics & Pricing Strategies
David Reid discusses how NOV and other companies are adapting to inflation and material supply issues. While some businesses have maintained stable pricing despite market pressures, they're actually gaining market share. For larger projects, pricing adjusts based on tariff changes, while spot products have remained relatively stable. The discussion highlights how strategic purchasing (like NOV's fiberglass business buying raw materials ahead of anticipated price increases) helps companies navigate volatility.

2. Energy Security & Geopolitical Shifts
A major theme is how countries worldwide are prioritizing energy independence following Middle East tensions. This echoes the 1970s oil crisis response. The conversation covers:

US production facilities running at 100% capacity
Long-term energy deals with new international partners
Countries like Brazil and West Africa ramping up production
European oil and gas companies re-engaging with the sector after years of divestment
3. OPEC Fragmentation & Market Restructuring
The podcast explores the breakdown of OPEC unity, with UAE leaving, Qatar and Iraq considering departure, and Venezuela's shifting role. This represents a significant realignment in global oil politics.

4. Venezuela's Emerging Opportunities
Despite political uncertainty, there's renewed interest in Venezuelan oil and gas production. Companies like Chevron are making major investments, while NOV maintains a cautious but engaged approach, recognizing both potential and risks in the changing political landscape.

5. Saudi Arabia's Strategic Pivot
Aramco's decision to resume Jackup rig construction signals confidence in the market and represents a significant shift after a period of pause.

6. Red M: Human Trafficking Prevention
David Reid discusses his nonprofit organization's work combating child trafficking and grooming, particularly within the energy industry. Red M has intervened in 45 trafficking cases and distributed 3,600 care packages, with over 7,000 volunteers involved.

Subscribe to The Crude Truth for more conversations about energy, business, technology, and the future of Texas. https://pecoscrudetruth.substack.com/

For More information on Tax-Advantaged Investments: https://pecos.energy/info/

Check out LFS Chemistry, sponsor of the Crude Truth, here: https://lfschemistry.com/

Air Compressor Solutions https://acsir.com/

Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/

Also, Pecos Operating Website:https://pecos.energy/

#oil #oilandgas #redm

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In this special joint episode of The Crude Truth and Energy Newsbeat podcasts, hosts Rey Trevino and Stu Turley sit down with Oklahoma Senator Alan Armstrong and energy consultant Steve Reese to discuss the seismic shifts in U.S. energy policy following the 2024 election. With Democrats gaining significant ground in Texas—a traditionally Republican energy stronghold—and Republicans consolidating power nationally, the panel explores the critical intersection of politics and energy infrastructure. The conversation centers on three interconnected challenges: the explosive growth of data centers demanding unprecedented amounts of electricity and natural gas, the urgent need for permitting reform to unlock pipeline development, and the widening gap between climate rhetoric and the practical realities of energy production. Against this backdrop, Senator Armstrong provides insider perspective on the Senate's legislative priorities, while the panelists debate how America can balance energy affordability, reliability, and environmental goals—and what happens when political decisions override market forces.

1. 2024 Election Results & Political Implications
The podcast opens with discussion of the recent "blue tsunami" in Texas, where Democrats won major statewide offices including Governor, Lieutenant Governor, and the Railroad Commission. This contrasts sharply with Oklahoma's solid Republican performance. The hosts express concern about how these results will impact energy policy.

2. Data Centers & Energy Demand
A significant focus is the rapid expansion of data centers and their massive energy requirements. The incoming Texas governor has plans to ban data centers, which concerns the panel. They discuss how data centers represent a critical new demand driver for electricity and natural gas, and how regulatory decisions could shift these investments to other states like Oklahoma.

3. Permitting Reform
Senator Armstrong emphasizes that permitting reform is the critical legislative priority before Congress adjourns. He explains that the first Senate vote will be on a cloture motion for a bipartisan permitting reform bill designed to streamline infrastructure projects across all energy sectors (renewables, natural gas, hydropower, etc.) without picking winners or losers.

4. Natural Gas & LNG Export
The panel discusses the importance of expanding natural gas infrastructure, particularly:

LNG export capacity and international demand
The need for new pipelines, especially in the Northeast (New England)
How natural gas is more reliable than renewables for powering data centers
The disconnect between politicians' climate goals and their opposition to natural gas infrastructure
5. Infrastructure & Pipeline Development
A recurring theme is the aging U.S. infrastructure (50-100 years old) and the need for modern natural gas pipelines. They highlight specific projects like the Marcellus Shale development and the challenges of building pipelines through states like New York that have regulatory barriers.

6. Regulatory Burden & State vs. Federal Authority
The discussion covers how state-level permitting (particularly in New York) has blocked pipeline projects, and how the permitting reform bill addresses this by requiring states to use the "least burdensome" environmental protection methods rather than arbitrary standards.

7. Energy Pricing & Consumer Impact
The panel analyzes how permitting delays and regulatory restrictions drive up energy costs for consumers, particularly:

High heating oil prices in New England ($6.10/gallon)
Diesel prices nationally (~$6.35/gallon)
How these costs are driven by refinery capacity constraints and net-zero policies
8. Messaging & Political Strategy
Discussion of how Republicans failed to effectively communicate their energy message during the campaign, including the benefits of low natural gas prices and the real causes of high fuel costs.

9. Personal Reflections
The podcast concludes with Senator Armstrong's reflections on leaving office and Steve Reese sharing his recent kidney transplant recovery, adding a human element to the discussion.

We would also like to give our sponsors a shout-out.



Check out the World’s Greatest Podcast Show Notes at EnergyNewsBeat.co or EnergyNewsBeat.com, and the Energy News Beat Substack at:


At The Intersection of Energy and Finance - By Sandstone Group

By Stu Turley

A shout-out to Steve Reese and the Reese Energy Consulting group for sponsoring the Podcast https://reeseenergyconsulting.com/.

Data2 if you have any business systems, can you trust A? Well, they have the patent on validation. . https://data2.zoholandingpage.com/energy

And we have WellDatabase rolling, and we use their tools for the Energy News Beat weekly Rig Reports: https://welldatabase.com/

Also entering Sponsor Rey Trevino, Pecos Operating https://pecos.energy/

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On this episode of The Crude Truth, we sit down with Texas Land Commissioner Dawn Buckingham to discuss the future of Texas energy, the importance of oil and gas, and the initiatives shaping the state's economic growth.

Dawn Buckingham shares insights into the Texas Engine Initiative and its mission to strengthen energy independence, expand domestic manufacturing, develop critical mineral resources, and create new opportunities for Texas. We also discuss the innovative use of treated produced water for agriculture, the role of Texas land revenues in funding public education, and efforts to protect the state's natural resources and coastline.

From rare earth minerals and refinery development to disaster recovery, border security, and preserving the Alamo, this conversation explores how Texas is positioning itself for the future while supporting the oil and gas industry.

Get out and vote as Dr. Dawn Buckingham is running for re-election!

In this episode, we cover:
- The Texas Engine Initiative and energy independence
- Why oil and gas remain essential to the Texas and global economies
- Turning produced water into a resource for agriculture
- Critical minerals and reducing dependence on China
- How Texas land revenues help fund public education
- Refinery development, infrastructure, and economic growth
- Coastal protection, hurricane recovery, and orphaned wells
- Preserving the Alamo and Texas history
- Dawn Buckingham's vision for the next four years
Learn more: https://www.dawnbuckingham.com

Sponsored by: LFS Chemistry, NAPE Expo, Air Compressor Solutions, Sandstone Group, Exec Crew, Texas Star Alliance, and Pecos Country Operating.
Subscribe to The Crude Truth for more conversations with the people shaping the oil and gas industry. https://pecoscrudetruth.substack.com/

Follow Rey on his LinkedIn: https://www.linkedin.com/in/reytrevinoiii/

Also, Pecos Operating Website:https://pecos.energy/

#texas #oil #oilandgas

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