Oil Wells

topic on 3 shows · 5 statements across 3 episodes

the Knowledge Project the Green Blueprint Top Founders

5 statements about Oil Wells, every show

Gaynor: Oil wells are not truly inflation-protected due to replacement costs
“In oil wells, You know, you think about that as being an inflation protected kind of asset, but not really, because once all the oil has gone out of that particular well, in order for the company to continue to exist, you're going to need to make capital alloc…”
Tom Gaynor Jan 23, 2024 ▶ 1:50:21 Tom Gayner: Invest Like The Best
GREEN BLUEPRINT Assertion Supported
Gonzalez: 1940 census data links worst redlining grades to more oil wells
“So we did that for 17 cities. We had data from the 1940 census, so we didn't have it for every city. Redlining data. Oil wells data. We consistently saw the neighborhood with the worst grade had more wells. Significantly more wells.”
Dr. David Gonzalez May 11, 2022 ▶ 10:35 The hidden history of California oil
GREEN BLUEPRINT Assertion Supported
Elkind: LA Residential Subdivisions Pre-Dated Oil Discoveries, Forcing Disguised Urban Wells
“What happened in LA and the reason you have oil wells disguised as other kinds of things in Los Angeles right in these residential neighborhoods is the residential neighborhoods were built first, or at least the land was subdivided for development first, and t…”
Dr. Sarah Elkind May 11, 2022 ▶ 14:56 The hidden history of California oil
GREEN BLUEPRINT Assertion Supported
Herr: California proposed buffer regulation protects only against new oil wells
“But even that regulation hasn't been put in place yet, and it would still only apply to new wells, not the thousands and thousands of existing wells that are making people sick.”
Alexandria Herr May 11, 2022 ▶ 23:13 The hidden history of California oil
TOP FOUNDERS Assertion Supported
The median drilling cost for an oil well is $8.4 million
“Median well cost today is about 8.4 million dollars per well.”
Luther Birdzell Jun 28, 2020 ▶ 6:31 Oil Drilling Software Breaks $1m in Revenue, but $6m+ raised?

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