Adult Conversation About Income Tax Policy

Adult Conversation About Income Tax Policy

By The Banker | Blog Posts

With the Fiscal Cliff[1] looming, kids, it’s time for “The Talk.” By ‘The Talk,’ I mean yank our minds into the grown-up world.  We have been innocent about how money really gets made, and kept, and taxed.  The ‘adults’ know, but they haven’t felt comfortable sharing the real truth.  We didn’t know, and we didn’t think

Natural Gas Revolution Part V - The Labor Market

Natural Gas Revolution Part V – The Labor Market

By The Banker | Blog Posts

Mr. Grizzly, Mr. Deliverance and Mr. Biscuit – Contractors and the Eagle Ford Labor Market Among the main lessons of our tour of the Eagle Ford, is that there’s a lot of jobs down here.  If you’re a man currently out of work, and you have the use of all of your limbs, there’s a

Natural Gas Revolution Part IV - How Big Is This?

Natural Gas Revolution Part IV – How Big Is This?

By The Banker | Blog Posts

Our hosts drilled a total of 239 wells in South Texas, which at $7 million per drilled well would indicate a $1.7 Billion investment in drilling wells alone by this one company.  They also report a $440 million investment in a fracking team, plus major investments in building collection points for their product and pipelines

Natural Gas Revolution Part III - The Drilling and Fracking Scene

Natural Gas Revolution Part III – The Drilling and Fracking Scene

By The Banker | Blog Posts

If you’re a boy, and you like big powerful tools, you might like the next part of our tour. Early on in our tour of the drilling pad, we entered the air-conditioned trailer where the head driller directs the drill bit.  For the uninitiated viewer (for example, me), the seat of power is not unlike