Who: Jeff Johnson, CEO of EPUS Global Energy.
Key Quotes:
“First of all I don’t know exactly what we got ourselves into, but I do know what we kept ourselves out of.”
“If indeed the President Elect Trump does what he says he’s gonna do, that is cut regulation and cut taxes, anything you regulate less and tax less you get more of, and that leads to expansion.”
“With 96 million people out of the labor force, we’ve got a “real” unemployment rate that might be 13-15%, and you’ve got a whole lot of people without hope, if indeed trump makes good on his promises you will see the entrepreneurial spirit expand with an economy unlike anything we have seen before.”
“While we are holding (these fields) we can send you an 8-14% yield very consistently at the current oil prices.”
“If you put 50 million people back into the workforce, with some hope, we will see expansion like we have never seen before, which could take demand for oil through the roof.”