Radio Interview

The rising cost of natural gas and its impact on homes and businesses | WJR | 3/16/23

WJR recently asked Jay Young to come on the air in Detroit, MI to discuss the rising energy costs of heating homes and buildings in the United States. Wholesale natural gas prices were up almost 50% from the year prior back in 2021. The reason behind the increase is still contested by people within the industry. Jay Young claims that it has to do with a lower supply of natural gas, which is about to decrease even more, while some argue that it’s because of colder weather being colder now, and people are using more gas to heat their homes.

Although there are talks of reducing the reliance on fossil fuels and moving towards renewable energy, it’s not yet practical as it is not providing enough energy. Young believes it’s going to take time to fill the gap and that the overall demand for oil in the United States is going to keep going for the next five to ten years. Young also wrote a book about The Upside of Oil and Gas Investing, and in the book, he writes about the supply and demand of natural gas globally.

Young also discussed the current natural gas prices in Europe and China, which are higher than the production costs. Still, the infrastructure is not yet present to transport gas from the U.S. to Europe in large volume, and until then, U.S. natural gas prices will continue to rise, benefiting investors. However, Young is unsure why the White House has chosen to increase exports to Europe while stopping the construction of US gas distribution networks.

In conclusion, although countries need to transition to renewable energy sources, the process is not yet complete, and we still need fossil fuels. Young believes that oil and gas prices will increase in the future, and businesses might want to hedge their options.

View »
Radio Interview

The rising cost of natural gas and its impact on homes and businesses | WJR Radio Detroit | 3/16/23

WJR recently asked Jay Young to come on the air in Detroit, MI to discuss the rising energy costs of heating homes and buildings in the United States. Wholesale natural gas prices were up almost 50% from the year prior back in 2021. The reason behind the increase is still contested by people within the industry. Young says that it has to do with a lower supply of natural gas, which is about to decrease even more, while some argue that it’s because of colder weather being colder now, and people are using more gas to heat their homes.

Although there are talks of reducing the reliance on fossil fuels and moving towards renewable energy, it’s not yet practical as it is not providing enough energy. Young believes it’s going to take time to fill the gap and that the overall demand for oil in the United States is going to keep going for the next five to ten years. Young also wrote a book about The Upside of Oil and Gas Investing, and in the book, he writes about the supply and demand of natural gas globally.

Young also discussed the current natural gas prices in Europe and China, which are higher than the production costs. Still, the infrastructure is not yet present to transport gas from the U.S. to Europe in large volume, and until then, U.S. natural gas prices will continue to rise, benefiting investors. However, Young is unsure why the White House has chosen to increase exports to Europe while stopping the construction of US gas distribution networks.

In conclusion, although countries need to transition to renewable energy sources, the process is not yet complete, and we still need fossil fuels. Young believes that oil and gas prices will increase in the future, and businesses might want to hedge their options.

✔ Talk Radio WJR Social Media
➤ https://www.wjr.com
➤ https://www.facebook.com/wjrradio

View »
Radio Interview

How plunging gas prices impact oil companies and the U.S. economy

WBAP recently asked Jay Young to come on the air in Dallas, TX to discuss whether the plunging gas prices will cause oil companies to cut back. As Jay explained, when prices come down, there are certain oil and gas prospects that don’t make economic sense, which means that the cutting back of companies is necessary. Some Western banks have even decided to withdraw from the oil business entirely. Nevertheless, Jay does not blame the government for the current state of the oil industry, but he does point out how the government’s moves have hindered the business. Jay also stated that it’s not like there are some oil and gas traders sitting back with cigars and determining the price. It all depends on supply and demand, and if the U.S. doesn’t have the necessary supply while demand continues to rise, the price will go up.

In the interview, Jay also touched on the use of natural gas and how it seems very cheap right now. He suggested that it’s all about conversion, just like electric cars, but it’s good that we started to use natural gas as a fuel source. To counter the Saudi Arabian oil domination, Jay suggested drilling more oil in the United States. The Upside of Oil and Gas Investing is a book written by Jay Young that people can read to understand the oil industry.

View »
Radio Interview

How plunging gas prices impact oil companies and the U.S. economy | WBAP Dallas via FOX News Radio | 3/17/23

FOX News Radio recently asked Jay Young to come on for an interview in Dallas, TX on WBAP to discuss whether the plunging gas prices will cause oil companies to cut back. As Jay explained, when prices come down, there are certain oil and gas prospects that don’t make economic sense, which means that the cutting back of companies is necessary. Some Western banks have even decided to withdraw from the oil business entirely. Nevertheless, Jay does not blame the government for the current state of the oil industry, but he does point out how the government’s moves have hindered the business. Jay also stated that it’s not like there are some oil and gas traders sitting back with cigars and determining the price. It all depends on supply and demand, and if the U.S. doesn’t have the necessary supply while demand continues to rise, the price will go up.

In the interview, Jay also touched on the use of natural gas and how it seems very cheap right now. He suggested that it’s all about conversion, just like electric cars, but it’s good that we started to use natural gas as a fuel source. To counter the Saudi Arabian oil domination, Jay suggested drilling more oil in the United States. The Upside of Oil and Gas Investing is a book written by Jay Young that people can read to understand the oil industry.

✔ Talk Radio WBAP Social Media
https://www.wbap.com
https://www.facebook.com/NewsTalk820WBAP

View »
Radio Interview

Gas prices drop, but consumers should brace for pricier summer blend fuel | SiriusXM’s Road Dog Trucking | 3/2/23

SiriusXM’s Road Dog Trucking asked Jay Young to come on for an interview on 3/2/23

Jay is a fourth generation oil and gas professional. He has a leadership team with over 100 years of combined oil gas exploration development experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting and land professionals.

More information:
https://KingOperating.com

View »
Radio Interview

Oil & Gas prices influenced by supply and demand | WHO | 2/24/23

Appreciate it.

WHO recently asked Jay Young to come on the air in Des Moines, IA to discuss the rising gas prices? Jay Young, a fourth generation oil and gas professional, was invited on News Radio 1040 to discuss the factors influencing the upward swing in gas prices. Jay emphasized that it all comes down to supply and demand, and that companies are being more conservative this time around, buying back their stock and sending out dividends instead of drilling for more oil. He also noted that people who don’t like to drill for oil and gas are trying to keep companies from doing so, leading to a lack of supply.

When a listener suggested that companies were “gouging” consumers, Jay clarified that this has nothing to do with the price, as it’s all about supply and demand. He suggested that people should look at oil and gas as an investment, and if they can’t invest in projects, they should buy stocks for as little as $2.

Jay Young provided an informative and insightful look into the factors influencing the rising gas prices. #GasPrices #OilAndGas #Investment #SupplyAndDemand

View »
Radio Interview

Oil & gas prices influenced by supply and demand | Iowa via FOX News Radio | 2/24/23

FOX News Radio asked Jay Young to come on for an interview with Need to Know With Jeff Angelo on WHO Iowa to give his thoughts on the latest with gas prices.

Jay is a fourth generation oil and gas professional. He has a leadership team with over 100 years of combined oil gas exploration development experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting and land professionals.

More information:
https://KingOperating.com

✔ 1040 WHO Social Media
https://whoradio.iheart.com
https://www.facebook.com/whoradio

View »
Radio Interview

Russia to cut oil production by half a day million barrels a day | Columbus, Ohio via FOX News Radio | 2/13/23

FOX News Radio asked Jay Young to come on for an interview with WTVN Columbus, Ohio and give his thoughts on Russia cutting oil production.

Jay is a fourth generation oil and gas professional. He has a leadership team with over 100 years of combined oil gas exploration development experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting and land professionals. More information: https://KingOperating.com

✔ News Radio 610 WTVN Columbus Social Media
https://610wtvn.iheart.com
https://www.facebook.com/610WTVN

View »
Radio Interview

Will supply and demand for the next few years of oil production be as robust as it has been?

iHeart’s National Holiday Show asked Jay Young to come on for an interview in December 2022.

Jay is a fourth generation oil and gas professional. He has a leadership team with over 100 years of combined oil gas exploration development experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting and land professionals.

More information:
https://KingOperating.com

View »
Radio Interview

Why is there reduced drilling in America right now? | iHeart’s Talk Radio WIOD Miami | 1/17/23

iHeart’s Talk Radio WIOD broadcasting in Miami asked Jay Young to come on the air and give his thoughts on the latest on drilling in the U.S.

Jay is a fourth generation oil and gas professional. He has a leadership team with over 100 years of combined oil gas exploration development experience and maintains an operating staff of industry specialists, including geoscientists, engineers, field operations, finance, accounting and land professionals.

More information:
https://KingOperating.com

✔ 610 WIOD Social Media
➤ https://wiod.iheart.com
➤ https://facebook.com/610wiod

View »