Oil prices are moving sharply as the market reacts to every new development involving Iran and negotiations over reopening the Strait of Hormuz. Join moderator Rachel Griffith and King Founder and CEO Jay Young, EVP of Land and Business Development Bill Phillips and EVP of Geology Mark Ayers LIVE today at 2 p.m. CT for the latest Oil &amp; Gas Rundown. The panel will discuss: • What current oil-price volatility is telling us • How a credible Hormuz agreement could affect oil and gasoline prices • Key takeaways from today’s EIA petroleum inventory report • The growing role of natural gas in supporting a reliable U.S. power grid • What the team is seeing at the Bivins project • Geological insights from existing Bivins wells and current data • Development progress across King Operating’s Mid-Continent projects • How geological and operational data help identify the strongest drilling opportunities Rachel Griffith will moderate the conversation with: Jay Young, Founder and CEO of King Operating Corporation Bill Phillips, EVP of Land &amp; Business Development Mark Ayers, EVP of Geology Watch live today at 2 p.m. CT on YouTube and LinkedIn. Subscribe and turn on notifications for future episodes of the Oil &amp; Gas Rundown.

#262: Oil Prices Swing on Hormuz Talks | Oil & Gas Rundown Live

The Jay Young Show

Welcome back to the Oil & Gas Rundown Live here at King Operating. My name is Rachel Griffith, I'm a Senior Vice President here and we are thankful that you're joining us again today live. Make sure that you comment below wherever you're watching this from, if you're on LinkedIn or YouTube, we would love to hear from you. Type us a question, throw a comment down there and definitely make sure to go over to kingoperating.com and check us out there. You can learn more about our opportunities in oil and gas.

And today we have with us our founder and CEO Jay Young. Jay, you over there? Jay Young I'm here. How you doing Rachel? Jay Young Awesome. Doing great, thank you. And then of course our land and business development man, that is Bill Phillips. Hey Bill. Bill Phillips Hey guys, how are y'all? Jay Young VP of Geology, Mark Ayres. Hey Mark. Bill Phillips Well hello.

Jay Young Thank you gentlemen for joining me again live today. And we're going to start off Jay, but just talking a little bit about, you know, one of the bigger stories that we're going to talk about. Bill Phillips And we're going to talk about a little bit about the volatility surrounding, you know, oil prices.

Bill Phillips Of course there's some negotiations over the Strait of Hormuz and oil fell approximately 5% Tuesday, then move higher Wednesday as markets, you know, weighed in on optimism and then risk and all that just up and down as we've really been seeing over the months since March. Bill Phillips So Jay, what is kind of going on with oil prices? Why are we seeing these sudden and sharp moves right now?

#262: Oil Prices Swing on Hormuz Talks | Oil & Gas Rundown Live

Read the full transcript

The candid version is on a podcast,
not the earnings call.

#262: Oil Prices Swing on Hormuz Talks | Oil & Gas Rundown Live

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.