Blog Elements

You can display blog posts in various ways with the “Blog Post” element/shortcode. You can see one example here and even more at the blog main menu item of this demo.

The Enemy Of My Enemy: Big Oil Befriends Big Corn

This story reminds me of the tax reform act of 1986. I remember during the middle of it when we all thought we were gonna lose all of our tax provisions having the flash of insight that our country is made up of thousands of special interest groups all with their own political champions. All these groups support their own interest. They also coalesce with other groups that have the same interest but that are completely different entities.
One of the significant coalitions at that time was the formation of the Council for a Secure America. This was a coalition between American Oil And Gas Producers and American friends of Israel. Our intent was obvious. Their intent was to make sure that America had a strong oil and gas industry so as not to be dependent on Middle Eastern oil.
They were largely liberals from the East and West coast. We were largely conservatives from the Southwest. What a perfect coalition to engage with a myriad of responsive elected officials!
President Biden wants to end the use of fossil fuels by 2035.
That’s a great political soundbite but most likely falls far short of reality.
Our experience of 40 years tells us “lots of luck uncle Joe”. A lot has to happen and there is a myriad of interest groups that are negatively affected by this proposition.
This article merely points out one – the ethanol industry.
The political reality is that the corn belt is also positioned in the Midwest where there are several battleground states.
At last count, the American Petroleum Institute ( API) had over 140 lobbyists on Capitol Hill. They may publicly embrace the “green new deal” but privately they are going to work to preserve their profits from their core business. A myriad of interests will weigh in, most likely behind the scenes due to the popularity of fighting climate change.
My friend and entrepreneur John Cassidy made his fortune with the philosophy of “find out which way the crowd is going and go the other way“.
This might just be the time to double down on investment in fossil fuels. There is no question the Presidents efforts will at least raise the price of oil and natural gas. There are too many unknown variables to really know what’s going to happen. My money is on John!!

~Mike Cantrell

Personal Recollections of Dr. Tom Coburn

Dr. Tom Coburn died last Friday after a long bout with Cancer. There really are very few truly great men. But I consider Senator Dr. Tom Coburn right up there with the founding fathers in selfless service to his country. I first met Dr. Coburn…

Survival Strategies in Tough Times

The Small Business oil and gas producer in America has always faced the challenge of falling product prices from time to time. This particular time is doubly challenging. Last week Russia refused to go along with cuts in production…

The Many Lives of the American Shale Drilling Industry

The challenges facing the American horizontal drilling and fracking industry, also known as the shale drilling industry, have been documented extensively over the past several years. The article linked below calls them “casualties.”…

Truth and Transparency

I have been in the oil and gas business for over forty years and in the communications space for about that long as well. I think that gives me a unique perspective. Reflecting on our public image, I’m afraid we got it the old fashioned way…

Obama's Energy Policy: Death By A Thousand Cuts

Christopher Helman Forbes Staff Contributor Group Energy   This is a guest editorial by Mike Cantrell, president of the Domestic Energy Producers' Alliance What sounds like the title of an Alfred Hitchcock movie is actually…

ECU's 2019 Entrepreneur of the Year

Cantrell has made his mark as a trailblazer in the energy sector Cantrell, ECU's 2019 Entrepreneur of the Year, to deliver annual Limes Lecture By Mark Bratcher | East Central University Nov 16, 2019 Mike Cantrell…