We represent publicly traded and Small Companies as well, a good Cross Section of the industry. A lot of the legacy companies, odds are that it they are the name on a building in oklahoma or texas, it is a Company Founded by the grandfather of eightmember. Host how would you characterize oral production in the u. S. Today . Guest given where we were a few years ago and the dark days, we have stepped back in a resilient way. We are encouraged right now. We have 250 more rigs than we did last year at this time. We are almost at full capacity. There is a rig in the u. S. , odds are it is in the air right now. Production is starting to, we are facing interesting challenges. We are feeling the impacts of inflation, but we are in a better situation than we were in april of 2020. Host was that strictly because of covid . Guest precovid, the saudis and russians declared war on the u. S. Shale industry and ramped up production significantly to drive the price of global real down. Shale producer
Itself, whom does it represent . Who does it represent . Guest we are the oldest energy trade association, formed in 1917 to make sure petroleum made it to the military. Our membership has evolved. We primarily represent production companies. We represent publicly traded and Small Companies as well, a good Cross Section of the industry. A lot of the legacy companies, odds are that it they are the name on a building in oklahoma or texas, it is a Company Founded by the grandfather of eightmember. Host how would you characterize oral production in the u. S. Today . Guest given where we were a few years ago and the dark days, we have stepped back in a resilient way. We are encouraged right now. We have 250 more rigs than we did last year at this time. We are almost at full capacity. There is a rig in the u. S. , odds are it is in the air right now. Production is starting to, we are facing interesting challenges. We are feeling the impacts of inflation, but we are in a better situation than
Goes directly with the past comments of his that are being unearthed now, they go directly into some of her areas of expertise. Bankruptcy law, Consumer Financial protection and now this red lining controversy. When i saw her post that today i thought this would be very interesting. It is one thing to unearth a comment from a candidate he will find awkward to complain and another against a competitor that can take you to the wood shed on it like no other politician in the world can. Bloomberg clearly had struggles with reporters trying to handle this. He know what is he wants to say but there is a shakiness in the way he presents it. If he is on the debate stage next week i imagine they will spend time working on that. When i talked to Amy Klobuchar about the prosecutor that mayor bloomberg might qualify for the debate. She didnt rub her hands together but it was implied by the eyes. We will have some video of Amy Klobuchar two nights before they counted the votes in New Hampshire. The
Brian reburily get in the sheets and get out of the sheets and quick to work. Ainsley today you had your sheets like this today you can poke your head out because stock futures did rise after the president gave that briefing at the white house yesterday. Some relief to Small Business owners. Brian we have woken Stuart Varney. He hit the snooze button, but he is going to be with us in a matter of moments. We begin with this fox news alert. You have 26 americans now who are died . The coronavirus, at least 600 cases are reported nationwide. Ainsley a Juvenile Court of the deaths linked to that nursing home in Washington State. Steve we have known that todd piro is live as the illness spreads to 36 states. And they are locking down italy, todd. Todd thats right, steve, ainsley and brian. Good morning to all three of you. The latest Washington State fatalities bringing the number of deaths there to 23. Three of the confirmed deaths elderly at the kirkland life care facility and the fourth