WBAP invited Jay Young to join their broadcast in Dallas, TX to discuss the unexpected rise in gas prices as the back-to-school season begins. Young, the author of ‘The Upside of Oil and Gas,’ explains the intricate dynamics of supply and demand in the oil industry. He delves into the impact of the pandemic on drilling activities and the apprehension of industry players about returning to full-scale operations. Young also shares his insights on the future of the oil and gas industry, suggesting that prices may not decrease anytime soon due to a lack of increased drilling.

WTVN recently asked Jay Young to come on the air in Columbus, OH to discuss the current state of the oil and gas market and the impact of Saudi Arabia’s decision to cut production. Jay, a fourth-generation oil and gas expert, shared his insights on the reasons behind the production cut and its potential effects on the global market.

According to Jay, Saudi Arabia is concerned about the global demand for oil, which has been affected by factors such as interest rate hikes. To maintain oil prices above $70 a barrel, they have decided to reduce supply. The Saudi energy minister aims for market stability, which Jay believes is around $70 to $80 a barrel.

Jay explained that high oil prices would encourage more drilling projects in the United States, particularly in the Permian Basin and Bakken. To prevent this, Saudi Arabia wants to keep prices relatively low but not too low, targeting a range of $60 to $80 a barrel. This strategy helps them maintain their market share while also discouraging US companies from starting new projects.

Jay also discussed the potential for increased demand in the future, which could lead to higher oil prices. However, he believes that Saudi Arabia would likely cut production again if necessary. He also mentioned the United States’ reliance on oil and the possibility of increased drilling if prices rise too high.

In conclusion, Jay Young provided valuable insights into the oil and gas market and the strategies employed by major players like Saudi Arabia. Be sure to check out his book, “Upside of Oil and Gas Investing,” and visit his website at kingoperating.com for more information.

WTVN recently asked Jay Young to come on the air in Columbus, OH to discuss the current state of the oil and gas market and the impact of Saudi Arabia’s decision to cut production. Jay, a fourth-generation oil and gas expert, shared his insights on the reasons behind the production cut and its potential effects on the global market.

According to Jay, Saudi Arabia is concerned about the global demand for oil, which has been affected by factors such as interest rate hikes. To maintain oil prices above $70 a barrel, they have decided to reduce supply. The Saudi energy minister aims for market stability, which Jay believes is around $70 to $80 a barrel.

Jay explained that high oil prices would encourage more drilling projects in the United States, particularly in the Permian Basin and Bakken. To prevent this, Saudi Arabia wants to keep prices relatively low but not too low, targeting a range of $60 to $80 a barrel. This strategy helps them maintain their market share while also discouraging US companies from starting new projects.

Jay also discussed the potential for increased demand in the future, which could lead to higher oil prices. However, he believes that Saudi Arabia would likely cut production again if necessary. He also mentioned the United States’ reliance on oil and the possibility of increased drilling if prices rise too high.

In conclusion, Jay Young provided valuable insights into the oil and gas market and the strategies employed by major players like Saudi Arabia. Be sure to check out his book, “Upside of Oil and Gas Investing,” and visit his website at kingoperating.com for more information.

✔ Talk Radio WTVN Social Media
➤ https://610wtvn.iheart.com
➤ https://www.facebook.com/610WTVN

Talk Radio WVLK broadcasting in Lexington, Kentucky asked Jay Young to come on for an interview on 6/5/23.

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

✔ Talk Radio WVLK Social Media
➤ https://www.wvlkam.com
➤ https://www.facebook.com/590WVLK

iHeart’s Talk Radio KPRC broadcasting in Houston asked Jay Young to come on for an interview on 6/5/23.

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

✔ 950 KPRC Social Media
➤ https://kprcradio.iheart.com
➤ https://facebook.com/kprcradio

WBAP recently asked Jay Young to come on the air in Dallas, TX to discuss the state of gas prices and the upcoming Memorial Day weekend. Young, a fourth-generation oil and gas professional and author of “The Upside of Oil and Gas Investing,” explained how supply and demand were behind the current prices at the pump.

As the number of people driving 50 miles or more from home over the weekend is set to increase by 78% compared to last year, a total of 43 million people will be driving on the roads. Gas prices are estimated to be cheaper as compared to the previous year by around a dollar a gallon. Young believes that demand may be down, but supply is up and that the current good gas prices are a short-term phenomenon.

Young is optimistic, however, that demand will soon pick up, leading to a higher demand. Young says that as the supply isn’t as strong as it needs to be, higher oil and gas prices can be anticipated by the end of the year. As the conversation went on, Young expressed his concern about the number of people transitioning to alternative energy sources and the current administration’s stance towards it. Young’s book, “The Upside of Oil and Gas Investing,” is available on Kingoperating.com, where all proceeds go to the military.

#MemorialDay #GasPrices #SupplyAndDemand #OilAndGas #TheUpsideOfOilAndGasInvesting

WBAP recently asked Jay Young to come on the air in Dallas, TX to discuss the state of gas prices and the upcoming Memorial Day weekend. Young, a fourth-generation oil and gas professional and author of “The Upside of Oil and Gas Investing,” explained how supply and demand were behind the current prices at the pump.

As the number of people driving 50 miles or more from home over the weekend is set to increase by 78% compared to last year, a total of 43 million people will be driving on the roads. Gas prices are estimated to be cheaper as compared to the previous year by around a dollar a gallon. Young believes that demand may be down, but supply is up and that the current good gas prices are a short-term phenomenon.

Young is optimistic, however, that demand will soon pick up, leading to a higher demand. Young says that as the supply isn’t as strong as it needs to be, higher oil and gas prices can be anticipated by the end of the year. As the conversation went on, Young expressed his concern about the number of people transitioning to alternative energy sources and the current administration’s stance towards it. Young’s book, “The Upside of Oil and Gas Investing,” is available on Kingoperating.com, where all proceeds go to the military.

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

KTRH recently asked Jay Young to come on the air in Houston, TX to discuss the recent drop in oil rig calendars and the reason behind it. Young went straight to the point, blaming Joe Biden’s policies on American oil as the culprit. According to Young, the energy industry is finding it tough to secure capital and, with the President’s dislike for the oil and gas sector, it is hard for companies to believe. Young warned that the next logical outcome of this is an increase in gas prices.

Young doesn’t see the situation changing anytime soon and predicts there will be huge shortages in the oil market. This is likely to occur as demand increases over the summer, ultimately leading to rising gas prices. As a result of Biden’s policies and regulations, the current rig count is the lowest it’s been in almost a year, further compounding the situation.

The impact of these policies could have far-reaching effects on the country’s economy and its citizens, with people paying more for gas and jobs in the oil and gas industry facing an uncertain future. However, as the situation unfolds, it is vital that measures are taken to ensure a balance is struck between national energy security and environmental concerns.

KTRH recently asked Jay Young to come on the air in Houston, TX to discuss the recent drop in oil rig calendars and the reason behind it. Young went straight to the point, blaming Joe Biden’s policies on American oil as the culprit. According to Young, the energy industry is finding it tough to secure capital and, with the President’s dislike for the oil and gas sector, it is hard for companies to believe. Young warned that the next logical outcome of this is an increase in gas prices.

Young doesn’t see the situation changing anytime soon and predicts there will be huge shortages in the oil market. This is likely to occur as demand increases over the summer, ultimately leading to rising gas prices. As a result of Biden’s policies and regulations, the current rig count is the lowest it’s been in almost a year, further compounding the situation.

The impact of these policies could have far-reaching effects on the country’s economy and its citizens, with people paying more for gas and jobs in the oil and gas industry facing an uncertain future. However, as the situation unfolds, it is vital that measures are taken to ensure a balance is struck between national energy security and environmental concerns.

✔ 740 KTRH Social Media ➤ https://ktrh.iheart.com ➤ https://facebook.com/ktrhnews

FOX News Radio asked Jay Young to come on for an interview with WJR Detroit on 5/2/23.

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

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