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Drill Baby Drill, One Year Later

Summary

Peter and Wade mark one year of recording by revisiting the Drill Baby Drill question from a year earlier, with Wade noting that oil near 90 to 100 dollars a barrel should be a heyday while activity has only picked up a little. They discuss how AI has changed their work, and Wade describes rising audit activity as a sign of a downturn. The hosts recall favorite guests and list future topics such as drill bits, production and Collide's LLM.

One year ago, Local Energy started with a simple question: What do people in the oilfield actually think about “Drill Baby Drill”? It is a great political slogan, an easy chant, and a phrase that sounds like action. But as anyone who has worked around drilling programs, service companies, budgets, and rig contracts knows, slogans do not move iron. Prices, capital discipline, regulatory pressure, acreage position, service availability, and confidence are what move activity.

In this anniversary episode of Local Energy, Peter Brecht and Wade Spear revisit that original question after 51 episodes of conversations with operators, engineers, service-company leaders, authors, field hands, and people who have lived through the cycles.

The answer is more complicated than “yes” or “no.”

The oilfield may be more optimistic than it was a few months ago, but it is also more cautious than the headlines suggest. The phrase "Drill Baby Drill" assumes that higher prices or a friendlier political environment automatically translate into rigs going back to work. The reality is slower. Wade put it plainly during the episode: he will believe activity is really coming back when companies start signing rig contracts. Until then, interest, conversations, and budget talk are only early signals.

That distinction matters in 2026.

The market backdrop has shifted quickly. The U.S. Energy Information Administration's April 2026 Short-Term Energy Outlook says Brent crude averaged $103 per barrel in March and is expected to peak at $115 per barrel in the second quarter of 2026, then ease as production shut-ins abate. The same outlook expects the Brent-WTI spread to peak at $15 per barrel in April, driven by Middle East disruptions, higher shipping costs, and reduced oil flows.

Those are big numbers, but oilfield activity does not respond like a light switch.

Why Higher Oil Prices Do Not Instantly Mean More Drilling

For people outside the industry, a move toward $90, $100, or higher oil can look like an obvious green light. If crude prices are up, why not drill more wells? The answer is that operators have learned to be careful. Many have lived through price collapses, shareholder pressure, debt issues, and service-cost inflation. Nobody wants to be the company that accelerates too late, overpays for services, and then gets caught when prices pull back.

Peter mentioned that some companies seem to be dipping their toe back into the water. They are asking questions. They are evaluating programs. They may be looking at the $80 to $90 range and wondering if it is sustainable. That is a meaningful change from a cold market, but it is still not the same as signing contracts and putting crews to work.

Wade's view reflects extensive field-level experience. Every year, oilfield service people hear that budgets reset in the first quarter and activity is about to pick up. Then January turns into March, March turns into midyear, and some planned work never happens. That delay is not always bad management. Sometimes it is land work. Sometimes it is permitting. Sometimes it is capital discipline. Sometimes it is a boardroom waiting to see whether a price spike is real.

The gap between slogans and signed contracts is where the real story lives.

The latest rig-count context reinforces that caution. EIA data based on Baker Hughes figures showed 543 total U.S. rigs in mid-January 2026, including 410 oil-directed rigs, 122 natural gas rigs, and 11 miscellaneous rigs, with the total count 37 rigs lower than the same time last year. Even in a higher-price environment, the industry still carries scars from the last several cycles.

The Oilfield Watches Different Indicators

One of the best parts of this episode is the discussion of unusual market indicators. Local Energy has talked before about the Raptor Index — the idea that the number of Ford Raptors and other expensive oilfield toys can tell you something about field confidence. When times are good, people buy trucks, RVs, boats, jet skis, and fifth wheels. When times get bad, those toys show up for sale.

Wade added another indicator: audit activity. His observation is that when drilling, completions, and general oilfield activity slow down, audit activity often increases. Operators and companies start looking backward through tickets, reports, and cost records to claw back money. In a healthy market, everyone is busy. In a weak market, people start digging through old paperwork.

That kind of signal may never show up in a macro report, but it matters. It comes from people who have had to answer the phone when someone is asking about an old daily report from years earlier. It is the kind of practical market intelligence that rarely makes headlines, but often tells you how companies are feeling.

Peter connected that idea to insurance markets. In softer insurance environments, underwriting may be less strict. In hard markets, policies get audited more aggressively, mileage gets questioned, and every exposure matters. The same human behavior appears across industries. When revenue is easier, people look forward. When revenue tightens, people look backward.

AI Became Part of the Oil and Gas Conversation

A year ago, AI was not central to the Local Energy conversation. Now it is hard to avoid. Peter and Wade discussed using AI for editing, workflows, spreadsheets, website SEO, and even music. Peter also described taking an old recording from 20 years ago and using AI to repurpose and enhance it for the anniversary episode.

That may sound like a side note, but it points to a bigger industry shift. AI is entering oil and gas from multiple directions. It is changing how content gets produced, how teams analyze data, how companies think about internal tools, and how power demand is being reshaped by data centers.

EIA's April 2026 outlook notes that U.S. electricity demand is expected to peak during the June through September summer period, with residential and commercial sector demand growing 3% relative to the prior summer. The EIA also forecasts total U.S. electricity generation to increase by 1.2% to 4,325 billion kilowatthours in 2026 and by 3.4% to 4,470 billion kilowatthours in 2027.

For oil and gas, the AI story is not only about software. It is also about power. Data centers need reliable electricity, and that has brought natural gas, grid capacity, on-site generation, and energy infrastructure back into mainstream technology conversations. Local Energy has already covered why major technology companies are looking at on-site gas power plants in Texas, and this anniversary episode shows how quickly AI has moved from a niche topic to a recurring theme across the industry.

There is also a build-versus-buy question. Wade raised a practical point: if you spend weeks building an AI tool for your own workflow, will a major AI company release something next month that does 90% of the same job? That is the kind of question many oil and gas companies are wrestling with. Custom tools can create an advantage, but only if they solve a real domain problem that general-purpose models cannot easily replicate.

Why Local Energy Keeps Coming Back to Operations

After a year of interviews, Peter and Wade both return to the same core belief: oil and gas is a tough industry, a necessary industry, and a deeply interesting one. The show has covered markets, technology, safety, insurance, finance, careers, power, and policy. But the episodes that seem to resonate most are often the ones that get into how the work actually happens.

That is why Wade wants more operations. Wireline. Plunger lift. Production. Drill bits. Tools in the hole. Real field decisions. What goes wrong. What works. What experienced hands know that outsiders miss.

That focus matters because oil and gas is often discussed from the outside in. Commentators talk about the industry as a policy category, an investment sector, or an emissions problem. Local Energy is strongest when it talks from the inside out. What is the job? What are the constraints? What does the equipment do? What happens when market theory meets mud, steel, weather, regulations, and people?

The show's first year proved that there is an audience for that kind of conversation. Some listeners are industry veterans. Some are young people trying to understand the business. Some are operators, service-company owners, engineers, insurance professionals, or energy investors. They may come for different reasons, but they stay because the conversations are grounded.

The Anniversary Lesson

The main lesson from "Drill Baby Drill, One Year Later" is not that the phrase is wrong. It is that the phrase is incomplete.

The industry can want more drilling. Politicians can call for more production. Prices can rise. Demand can remain strong. But the actual decision to drill still depends on economics, timing, confidence, contracts, people, and risk. The distance between a slogan and a signed rig contract is where the oilfield lives.

That is why this episode works as an anniversary marker. It does not just celebrate 51 episodes. It measures how much has changed in a year and how much has stayed the same.

Oil prices are higher. AI is more important. Power demand is becoming a bigger part of the energy conversation. Operators are asking questions. The show has a deeper bench of guests, stronger production quality, and a clearer sense of what its audience values.

But the oilfield still moves carefully. It still remembers downturns. It still watches for real signals. It still trusts signed contracts more than public statements. And it still rewards people who understand the difference between activity, noise, and commitment.

That may be the best reason to keep listening. Local Energy is not trying to turn oil and gas into a talking point. It is trying to understand the industry the way people inside it understand it, one conversation at a time.

🎙 Listen to the full episode on YouTube or Spotify. Not financial advice. Do your own research.

Hosts

  • Peter Brecht

    Peter loves bringing out the best in people. He lives in California and insures high-risk industries.

    Peter on LinkedInPeter on Collide

  • Wade Spear

    Wade is an upstream engineer with a knack for asking and answering great questions. He lives in Oklahoma.

    Wade on LinkedIn

Transcript

Source: Recording transcript, lightly edited to remove filler words.

Show the transcriptHide the transcript

Peter Brecht00:00

Everyone, on today's episode, it's just me and Wade catching up on the last 51 episodes that we've recorded together. We revisit our original drill baby drill philosophy that we talked about in episode one, talk about the rise of AI and oil and gas over the last year, go through market volatility and our favorite economic indicators, including audit activity as a market signal. We share our favorite guests and talk about potential future content in industry deep dives.

We'd love for you to comment and tell us what you'd like to hear more of and what you've enjoyed about the show so far. We have no intention of stopping and look forward to another year. So if you haven't subscribed yet, please click that button. And you wait to the very end of the episode. I uploaded a song that I wrote 20 years ago that had AI repurpose and enhance. So hopefully that's fun as part of our one year celebration. So thanks for being here. Enjoy the show.

Peter Brecht00:53

All right, welcome to Local Energy. My name's Peter. I'm here with Wade and pretty excited today. We have officially, this is our one year anniversary of recording Wade. So a year ago, I sat down and I asked you about Drill Baby Drill and what you thought about it. And we're gonna just start the show with the same question. What do you think about Drill Baby Drill and.

Wade01:14

Okay, I don't remember what it was. Right.

Peter Brecht01:17

Yeah, well, I had to go back. I don't have that kind of memory, but I

Wade01:18

Okay. I got you.

Peter Brecht01:21

Got notes. Got good notes. But man, let's do a review of that particular question. And man, where things are at now is dramatically different than where they were 365 days ago. So I'll let you take it. And then, I don't know, might have a different response last time and just nodding my head.

Wade01:28

Okay.

All right. Okay, so drill baby drill. I don't think that my opinions changed. I don't remember how I answered, but it was just one of those. It sounds great. And it's probably something that the politicians love to say to get some votes in red states. As far as I think boots on the ground, I think we've all become a little bit jaded to it in the sense that

Peter Brecht01:46

Yeah.

Wade01:58

A lot of times, if you're going to pick up a lot of activity, it's got to be driven by price and, the current administration love them or hate them, whatever it is, like they're definitely pushing for lower energy prices, which is not something that the oil field, or that supports the families that are working in the oil field. Let's say that much. Now, despite all that, we're also really experiencing, like right now it is very much a different environment than it was a year ago. I mean, we're

Peter Brecht02:17

Sure, of course.

Wade02:24

Pushing 90 to $100 a barrel right now, is, should be a heyday. You would expect if drill baby drill was in full effect, would be picking up rig left and right and frat crews and all those things. And activities may be picking up a little bit, but, considering we were $50 a few months ago, I don't think anybody's jumping at it.

Peter Brecht02:47

Yeah, I've.

For sure. I would agree. Obviously I'm asking the question for the nostalgia purpose, right? But at the same time, again, very similar to what we've talked about last time was, yeah, it's a political, it's a great, it's a great marketing line, right? And ultimately does that speak well to the actual industry? Probably not. On the activity side, I actually today on Twitter was reading a few companies saying, okay, we're actually

Wade03:02

Right.

Peter Brecht03:12

Kind of ready now they kind of feel like that 80 to 90 a barrel is sustainable, I guess. I don't know. But they might start some drilling and on our side, having conversations with all these oil and gas companies, my team seeing kind of the same thing is like they're asking questions. They're kind of curious, Hey, I got this might be lining this up, might not be so, potentially, dipping their toe into the water, which is pretty cool. We'll see how that goes. And I guess

Wade03:15

Mm-hmm.

Cut.

I believe it when they start

Signing rig contracts, like when they start putting actual money behind it, every year, every year, ask any guy who's ever worked in oil field services and like come October, like the heat starting to pick up and everybody's like, oh yeah, quarter one, our budget's resetting. Like we're gonna pick up rigs, we're gonna get going. And then comes like January and like, well, we're still getting land together. It's probably more like a March, April than March, April it's mid year.

Peter Brecht03:42

Right.

Yeah.

Wade04:05

When they sign a rig contract, all right, that's whenever wheels get spinning.

Peter Brecht04:13

So add to whatever they say, I don't know, multiply it by four in terms of time maybe, I don't know, maybe even longer. It's very volatile.

Wade04:19

Yeah, yeah, sometimes never. Sometimes

Never.

Peter Brecht04:23

All right. So other, other things that have changed since we started, was there really wasn't a lot of AI, right? Not a lot of AI conversation. Now, we're, and also we didn't know how to record or edit videos, but I'll tell you even editing these videos and putting them out on YouTube has changed for me. So what used to be a very manual process. Now there's like tools that are helping me with it. And it's like, it's incredible. I mean, and I feel like we're getting slowly.

Wade04:32

Yeah.

Peter Brecht04:50

Progressively better quality and if you're listening to this and you're in agreement, please let us know we want to make this a fun experience for you guys to listen to and quality too. But like like even music now, right? So I used to play music back, I don't know, 20 years ago, piano, guitar, all that could never sing. It was always never able to do that. But like I took one of our old, old, old recordings that I had on like an old MIDI compressor and uploaded it into this AI tool called Suno and

Wade05:07

Done.

Peter Brecht05:16

I was like, Hey, can you basically clean this up? Let's repurpose it. And it did it. And I was like, I don't know if we're too, I don't know if like a year into a podcast, if you could have a theme song, but man, it comes up with some cool stuff. Like you can write music now with AI and all the oil and gas stuff. So I'll put that song at the very end of this episode. I've never figured out where to put it. I just think it's really cool. You can do that with AI. But we didn't have AI and really oil and gas did it. And I think we've seen this massive inflection in that too.

You've been using it. I've been using it. So that's just something I guess, for the journal here, that I want to sort of, cause I'm to look back on this hopefully next year. If we make it through two years, I can look back on this one and be like, okay, AI with Claude, we have Opus 4.7 that just came out. You like it. I haven't really had good success with it. We just spent, a few minutes before this talking about how it's changing website SEO. I mean, I'm working with it in Excel sheets now, as much as possible,

Wade05:43

Mm-hmm.

Peter Brecht06:09

So anyways, I guess guests, have so many great guests coming up and I need to talk to you about scheduling one of them. Don't let me forget. So we can get that, that locked down. But looking back on it, is there, is there, is there any guests that you've that we've talked to that you're just like, man, like that person had some great insights. It's hard for me to pick. I looked back on it and I could not figure out like if I had to talk to somebody again, I would talk to all of them again.

Wade06:18

Okay.

Peter Brecht06:35

But is there somebody maybe that stood out a little more than others for you?

Wade06:38

We had a lot of great, great conversations. It was really great getting to talk to Juan. Just because he, you got such a big one of my favorite things was like these people who I kind of follow and kind of lurk on a little bit. You get to feel like you get to know them just a bit through their posts and all that different stuff.

To actually get to them and sharing that, that's really cool. And so those are some of the ones that I enjoyed the most were the ones who I kind of feel like I knew just a little bit through following them on Twitter, you know.

Peter Brecht07:13

It goes back to that, like less prep, right? Talking to Tejano, right? For example, it's like, that's such a natural conversation because there's stuff it's like less prep. I I'm trying to think like, I really, if I could go back, I wish that, like the podcasting started so early, but I love talking to the authors. Like I love people that are writing this stuff down. Meredith was great.

Wade07:17

Right.

Right?

Peter Brecht07:35

Merde Engwin and then we had, Dan Doyle who he's taken the he's running away with the views. I think he's like eight thousand views on this video now. And but, writing about this stuff is pretty cool. And I think just for me translating into another medium. But I've learned from everybody and I have the privilege of being able to edit every podcast and go through the transcript multiple times. And so you kind of start to pick up on common themes for me, which is this is a tough industry.

Wade07:49

Right.

Peter Brecht08:01

It's a necessary industry and it's not going away. Right. So I think it's again, it reaffirms my belief that oil and gas is, think the coolest, it's the coolest industry I really enjoy it. And, just the benefit of, I guess the blessing really of being able to talk to all these people is just amazing and like hear their thoughts on it every week. We'll keep

I had a meeting with a big operator here in California and she was like, if you guys stop recording now, like we're all going to be disappointed because I get, they're sharing this with their team and turn. I was just like, no, no way. Like I'd almost didn't want to believe her. Right. But they've been a really big supporter of what we're doing. And so if we go, if we make it to two years, then I'm looking at, okay, well then you're going to go for five. Right. And then at once a week, you're just gonna, it's pretty, pretty amazing, but.

Wade08:37

That's really cool.

Peter Brecht08:51

One question I had, so we had the Raptor index. Okay. We followed that. We track it. It's fun. Do you have like your own, like weird indicator that tells you what's working on the oil field or just in your career? Is there something that

Wade08:53

Okay.

Peter Brecht09:05

You're superstitious about maybe or not really.

Wade09:08

No, not necessarily. I'll tell you. Okay. Here's one strange little thing, but it's usually kind of later in the cycle. What I've realized is that as activity like drilling activity, completions activity, just general activity decreases, we see a equal but opposite in terms of like increase in auditing. Like it feels to me like whenever revenue is going down,

All of these companies, all of these operators are like, maybe what we could do is we could spend some money. We could go audit other operators to make sure that all the tickets line up and get some of our revenue back that way. That seems to be something that's always now right now, the audit activity is super low. Everything's kind of normal. Tells me we're kind of healthy. But when things get bad, you just start.

Peter Brecht09:50

Interesting.

Wade10:03

Dealing with audit calls all the time. I mean, at one point, now this was years and years ago, two or three companies to go. But I mean, I literally had a guy that called me and he's like going through these old daily reports from at that time, literally eight years prior. And like when you run casing, like the last joint of casing a lot of times, like you have to cut it off. Like you cut it off at the surface and you you get it ready for production and all that stuff. And like his question me was like,

Well, what did you guys do with the rest of that joint of casing? You know, and I'm like, literally, he's asking me, I wasn't even the engineer on the report, but I'm the engineer at the company at the time, you know? And he's like, he's like trying to claw back like the, probably the $30 of scrap, that they got for that, that however many feet of a cut joint of casing, you know? And it was, it was that whenever it really crystallized to me, like.

Peter Brecht10:57

Man.

Wade11:01

We're really bad place in the oil field right now, this is going on, because I'm pretty sure the audits, on those things, like they get a percentage of whatever they audit back, that's a lot of times their pay. So, man, that was kind of eye-opening for me. So we haven't gotten that bad again.

Peter Brecht11:04

Yeah. Yeah.

Yeah. Sure.

That's actually a really good indicator, though, of a lot of things. I mean, it's I mean, in any industry. Right. I just look at I mean, insurance, hard market, soft market doesn't matter. New business starting renewal. It's all but there's always it's funny in a soft market like when things are easy and you can get insurance like there tends to be more carriers that will do

Wade11:34

Yep.

Mm-hmm.

Peter Brecht11:45

Like the non-audited stuff and then you get to a hard market and no, those policies are all audited. Like how many miles are you really driving every day?

It's expensive to put some of that stuff in, but yeah, the auditing thing, that's very good call out. Never thought about that.

Wade11:59

Similar to the Raptor index. So whenever I was working in the field, a lot of times it was like MWD or directional driller, you got to have a fifth wheel. Like you could pull a trailer out there and live on location. We didn't live in the like provided trailers. It was great. You had your own little place. It was the golden age. It was amazing. But you could tell like 2009, 2010,

Peter Brecht12:11

Heck yeah.

So cool.

Wade12:22

Like

The price of RVs in Oklahoma and Texas plummeted because you know all those jobs were lost and everybody was putting all that stuff up for sale so you know it was a it was a really good time to buy boats and jet skis and trailers and know heavy duty pickups so well

Peter Brecht12:28

Yeah. Yeah.

Right.

But it's kind of like, well, there's that Warren Buffett thing, right? Where he always would say, you have to buy when other people are fearful. Right. So it's just, it's hard for people to go spend money. Like, Hey, look, I don't, not really feeling confident about the market right now. And it, I look at it right now and I think we're in this. This is my conspiracy theory, not financial advice by any means. I'm just a person with a microphone, but I think we're like, kind of in the last like six months, seven months of,

Wade12:48

Yeah. Yep.

Peter Brecht13:10

Growth in the stock market and I think everything kind of comes down at that point. I hope I'm wrong because I never want things to go sideways but I think energy stocks if there's anything that's gonna stay supported is gonna be energy because again you still got the AI you still got all all that stuff going on is not gonna change. We're already in it and it's not gonna go away so I don't know bullish on energy always.

Wade13:29

We would love it, but we've been beaten down

So many times we don't really believe it yet.

Peter Brecht13:34

No, I get it. I get it. So what are some things that we haven't talked about that maybe we should talk about? And I sort of asking this question to the audience, people that are listening as well. But you know, is there something we haven't covered or that you would like covered to cover in more detail? Are there people that you're like, man, I really wish we could go talk to that person. Cause I have been, just kind of hitting the phones and unfortunately if you've heard me,

And I've called you it's probably cause I'm like, Hey, you got some interesting stuff that you posted or topics. And I love to have you on and talk to you. And almost at a point where, we're, booked out two or three months in advance right now, which is awesome. But is there anyone or something that you want to talk about that, that we haven't had on and you don't have to name names, but, topically, like what should we cover for the next year? Should we just keep doing the same thing or should we change it up a little bit?

Wade14:20

I love the operations stuff. Know what mean? Like whenever we get kind of into the weeds a little bit, you whenever we talk about wire line or we talk about plunger lift or well, we talked really just broad production. Like I would love to get more into some of that stuff. Just breaking.

Peter Brecht14:37

Yeah.

Wade14:39

Kind of breaking stuff down.

Peter Brecht14:39

Okay.

Wade14:40

There'd probably be, one thing we haven't talked about though, it would be interesting to get somebody on who is associated with drill bits. That's something that we use all the time on the drilling side, every single run, you know? And so it would be interesting to get somebody on, talk about drill bits and show some different stuff. Yeah.

Peter Brecht14:58

Okay. I think I've got somebody for that. Haven't lined them up yet, but, I don't know. There's always, and the thing is with every topic, you can talk to one person and they have a great set of ideas. And then you talk to another and they have similar things that they want to share, but then there might be, by the way, like this is how I think about that differently. And I don't know. I love that. That being able to kind of hear all sides of it. So drill bits done.

Wade15:10

Mm-hmm.

Yep.

Peter Brecht15:24

If you are listening to this on YouTube, or Spotify, drop a comment. We'd love to know what you want to hear. And again, I love going back to that. Like I think the very first person we interviewed, was out in Midland talking about frack plugs, right? And that was probably our number one video on tech talk. No longer are really on tech talk cause it's just, man, it's a blood bath of spending time on there. You, if you get stuck into it, but

I mean, that's where it started, right? Is, is, talking about those real boots on the ground, Hey, my hands are on the tools. They're on the things that are actually going down. Think it's amazing. And yeah, the production conversation too.

Wade15:47

Right.

Was gonna say, another one I would love is I see Collide posting all the time about like their proprietary LLM and all that different stuff. It's been interesting to follow that and see that. They're posting more and more information about it. And I saw even Chuck post about it a day or two ago. And he hit on something that I was like, that I was actually wondering about.

One of the things is like when we've started building things with AI for us to use just on a personal level, the thing is like, well, I mean, how long should we spend building it? Because give it maybe two or three weeks, maybe a month and Claude or Anthropic or somebody will come out with something that'll get you 90 % of the way there. And so I've kind of wondered that a little bit with their AI, kind of LLM and Chuck kind of hit on it, but his confidence really kind of bolstered me to think that.

That they're really onto something. So I would love to hear more details about kind of what they've been building and how it, how it's just a differentiator versus kind of what's out there right now. Cause I would love, I'd love to use it or get a run at it or something.

Peter Brecht17:03

Yeah. Well, we're good friends with, the guys over at collide. We've been on their podcast, been onto their studio. We swap emails. We're actually, we're doing a collaboration with them next month. So in may, I don't know if I'm allowed to say that, but whatever it's out there now, and this will be coming out early, about a week before anyways. But yeah, no, I'd love to get that some, someone from some there on it. And, Chuck is actually, I have it, I have a screenshot of it. He said he would come on as guests number 100. So.

It's good. It's been fun. I I'm just gonna say thank you to everybody for being on Wade. I know you're on the road somewhere in the middle of Texas, like heading to go do cool things and,

Just doing the engineering thing. So I just want to thank everyone for listening. Wade, I know that when we first talked, had no intent of doing a podcast and here we are, episode 52, you you're stuck with it. And so just really appreciate it. Anything you want to say to everybody before we wrap up the show?

Wade17:55

Well, let me say too.

Oh, well, it's been awesome. I'll tell you, let me tell you thank you, man. You've been the glue to not only get it started, but keep it going. And I've just really enjoyed it. I love talking oil and gas and you make it a whole lot of fun. You're excited for it and love for it and all that stuff. It's a lot of fun. So yeah, want to keep going.

Peter Brecht18:17

All right, well, I hope that never dies. Thank you guys for listening. We'll be back to our regular show next week. All right, thanks guys.

Wade18:24

Thank you.

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Oil & gas shop talk with Peter Brecht and Wade Spear.