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Welcome to Big Digital Energy with Chuck Yates, Mark Meyer and Kirk Coburn. Weekly news in energy covering oil and gas and cleantech.
0:00 How are you doing, man? Yeah, I'm doing great. How are you? No, leaving again on Sunday. It's got to have some level of UCL surgery. Oh, no, what happened? Uh, proximal through terror. So
0:18 we're hoping we can get a brace instead of a reconstruction. But yeah, that was that kind of manifest at the end of the fall season. So he's out for 26 Dang, just terrible. Yeah. Yep. Well,
0:34 you know, sorry to hear those things. Those things tend to be cumulative. But anyway, it's a part of being a baseball player and a pitcher, I guess. Yeah, no doubt. Seems like you've been busy.
0:47 I've been busy. Yeah, I'm busy.
0:54 And never slows down, but it's with your with your fractional Crusade, which I
0:57 think is great. Dude.
0:59 It's so good. I mean, I just wrote a post about it and it blew up.
1:05 And I decided I'll just create a business around it. And I'm having a blast. I'm actually coding now. So I'm building things that I haven't done in a long time, so. I saw your post on vibe coding
1:22 and I don't even know what that is, but. Well, I can do both. Like I actually can write a little Python and Java, but vibe coding basically allows anyone to code. And so basically you tell an AI
1:36 script and there's different systems and platforms out there, but you basically tell an AI script and natural language what you wanna do. And then like, I mean, Grock and chat GPT will do this for
1:48 you, but there's also platforms out there where it will build websites and build tools AI agents for you. And instead of you having to be able to code yourself, you just tell it what to do. Now,
2:03 the benefit of being able to code is you can go into the code and optimize it, or change it, or do things that if you don't know, it just probably takes a lot longer, but it's amazing. I mean,
2:15 it's changed the game. So I was talking to a tech recruiter who told me even at the Ivy leagues that first year coders have
2:26 gone, are gone. So if you're looking for, if you even if you go to MIT or wherever and Stanford and you're a computer science person, software engineer, it's really hard to get a job right now.
2:39 So because of AI and how it's sort of changed completely obliterated entry-level coding. I'll have to check it out. I'm not a coder, but I love it though You can be.
2:50 No, you can be.
2:55 I grew up in a coding family, so everyone codes. So let's, you know,
3:00 we say we don't like energy. Well, we say we don't like to talk politics, and I guess I'm gonna hijack the run a show a little bit after watching yesterday, shenanigans unfold where, you know,
3:13 it was down to, I don't know, a vote on day 44 or thereabouts,
3:21 which again was preceded by a 54-day recess in the House of Representatives. I know that's a tactical thing to put pressure on the Senate, but a recess before the Thanksgiving recess or before the
3:38 holiday recess, we need to change the rules in Congress that if you're not in session debating and doing formal legislative voting, You gotta be in Washington most of the time. crafting legislation,
3:53 working with committees and caucuses, but the speaker gets to call a vote or not call a vote whenever he wants, but you send them off into the Netherlands and we have this FAA shut down. What would
4:05 happen if we wouldn't been able to get everybody there to vote on this thing? It's just another kick the can down the road. Well, I got to defend Holly for a moment. The good libertarian woman
4:17 that she is, she loves a government that's not working because that means they're not spending our money. So I think in many ways, it's a good thing. Now, we had this debate walking through the
4:31 town of Mantucket. I'm like, okay, well, what does the FAA do? Privatize it, great question, great point. So why don't, I mean, all these airports, most of them are run by municipal
4:43 governments, but just privatize the damn thing.
4:48 Boom, what do you need? You don't need, why do you need the government involved? I saw one of the pilots or airline associations representative talking about, you know, there is the Department
5:04 of Transportation has a5 billion airways and airports fund of about5 billion. You know, is there, is there legislation in the meantime that can be passed to kind of stop gap this if we get into
5:19 another shutdown which we very well could at the end of January. And, you know, the single spending kind of streamlined bill cadence that I think the Republican side of the house certainly wants to
5:33 be on is something that is being wielded in the, you know, effort to sneak in a lot of other things that the Democrat minority wants. And I think they were a bit emboldened by the
5:49 results of the off-year election. in those key areas. I will say, though, that, you know, we can't be complacent about the remaining, you know, 11 months and several days before the midterm
6:04 elections. I saw one and it was in Reuters, Ipsos, poll that 44 of Democrats are excited about the midterms, only 26 of Republicans are. And until we get this, you know, messaging on
6:19 affordability and some things that are broadly evident behind or other than gasoline prices being down, you know, I think, I think being a slip at the wheel is something that's going to, you know,
6:35 put the majority in peril as they approach the midterms. I don't know what you do. I mean, one way that always, I mean, pork barreling screws everything up. Sure. I mean, for all you real
6:45 estate investors out there, there's a huge vote brewing about. It's a leading property taxes from Florida, which would be awesome if you're a real estate investor. You better get in now. But the
6:60 rhinos in the legislature in Florida are trying to throw so much shit in there that people don't want it. So, I mean, that's the problem, but I'm either there nor here. Well, you know, the
7:14 early administration momentum behind cutting spending and doge and all that, that's, you know, you don't hear much about that anymore. Is that dead? Is doge dead? The thing, things creep back
7:28 to,
7:31 you know, status quo or revert to type and, you know, I do think we're putting increasing pressure on the notion of having to grow out of this burden, but the kind of the meantime on this is we've
7:51 got to have some wherewithal to do the spending cut. Because if you look at how well the extreme left it in the off-year elections, and now there are other things popping up, I don't know if you
8:02 saw the one of the candidates
8:06 or Seattle mayor is a Democrat socialist. She's in her 40s and her campaign's being funded by her parents
8:21 So - Oh, that's so appropriate. So appropriate. The pendulum swings here are, I think, unhelpful, but they're reality, and I just hope we don't have another kind of lurching
8:36 and violent swing as we go through mid-term setting into 28, because none of that is good for long-term policy, particularly energy, which we care about everything,
8:49 what we spend most of our time talking about is energy policy. And it's not just, you know, Trump said last night, you know, gasoline's 250 and going to two. Thank God oil and gas is not being
9:01 run by the federal government, otherwise we'd be screwed. So again, less government better. All right, what's happening in the world energy, Mark? A few quick hit items and then we'll get to
9:14 our favorite climate topic annually.
9:20 You did have luke oil withdrawal. It's, excuse me, gun bore withdrew. It's bid for luke oils, international assets. That was after the administration, particularly the Treasury Secretary, made
9:33 some fairly pointed comments that they were, quote unquote, a Kremlin puppet. And so you've got this next round of sanctions that the US. imposed are specific to
9:49 Luke oil and Rosneft, the
9:55 response to that, I think has been more tangible. We'll see.
10:02 The Indians have backed off of commitments to buy Russian crude. We're not going to allow offloading in certain ports for fear of sanctions in various countries around the world But I saw, I think
10:17 it was, Al-Haji said, this
10:21 puts the advantage a bit in
10:26 China's court because they're going to be buying Russian crude and probably at pretty attractive discount. So sanctions don't work by and large, but this round, motivating something like pulling of
10:45 a,
10:47 uh, multi tens of billions dollars transaction by the Swiss trader to buy all these international assets pretty immediately after the
10:59 deal was announced is at least something. Well, I mean, so what is the what's the stalemate here? Even the Swiss traders have limits on how much Russian drama will tolerate for sure.
11:13 And you know, you know a lot more about them than I do So
11:17 another item was a
11:20 shell who got an adverse ruling in its arbitration against be a venture global
11:31 file to suit in New York Supreme Court. And I think they did that on the heels of BP getting a favorable decision. And so I just, you know, I thought these international ICC arbitration. board
11:49 rulings or final, but I don't know what the argument it is from a legal standpoint to overcome that.
11:59 I mean, this is pretty common now, but when you lose an international court, you form shop until you win. I mean, it's the legal equivalent of demanding a mulligan after shanking one into the
12:10 woods. I mean, it doesn't, it's just the, I mean, that's why international courts are a little bit like who, who's going to enforce it, right? So yeah, they're suing the New York Supreme
12:22 Court to challenge the arbitration ruling, which I mean, we'll see what happens, but this is precedent. So. Yeah. And the. Welcome to the. It's why being an attorney will always pay dividends,
12:34 right? The key claim, as I understand it, is that related to remember that VG. didn't deliver on those long term contracts when we got into the energy crisis of.
12:49 22, 21-22 because you had such a blowout opportunity in the spot market and they claimed and apparently it was upheld in the BP in the BP case that, you know, we're still going through
13:04 commissioning and we're not obligated to deliver under those contracts until we get full commissioning of, I think it was the Plaquemann facility. And what Shell is saying is that not all of the
13:19 evidence was presented by, by VG in the arbitration case. Why that, you know, redress is through New York's Supreme Court. But as you said, there's, there's forum shopping that goes on and,
13:34 and all of these things. So it's going to be interesting to see, you know, how far this goes and whether we set another president where, you know, the ICC arbitrator, which has been in the news
13:43 this past year because they rolled on Exxon Chevron. in a Chevron's favor. And now you've got this sequence of arbitration decisions and cases. So anyway, that was the other kind of quick hit
13:57 thing. All right, let's dive into COP 30. We're down in the rainforest. You're a favorite topic, let's go. Well, you've got
14:10 the first ever climate conference, COP 30 being hosted in the Amazon rainforest in Belam, Brazil, to which they built a four-lane highway and felled tens of thousands of trees to do so. Irony
14:25 number one. Irony number two is we've got Brazil
14:40 hosting and in his kickoff comments, Lula, the president of Brazil.
14:47 suggested that we need to double down on the campaign to finally end climate denialism. Meanwhile, they're permitting drilling in the Amazon rainforest, and you've got a typical logistical
15:06 situation. There's 190 countries represented 50, 000 plus or minus delegates, and they don't have anywhere near enough hotel rooms. People are complaining about the availability of accommodations
15:21 and the cost of everything, including accommodations. Not to mention, you know, we've got the usual retinue of private jets flying in and out. So,
15:34 you know, this one is, I think, pretty interesting against the backdrop of everything that's unfolded since November of last year, you know, the imminent. withdrawal of the US. from the Paris
15:49 Accords again. And the fact that you have no significant, no high-level US. federal government representation at the conference. I mean, it's kind of like hosting a Save the Whales conference on
16:03 a whaling ship. I mean, the irony is so thick, you could cut it with a chainsaw. With a chainsaw coincidentally, they used on those 100, 000 trees that they cut down to build that damn highway.
16:18 I mean, to me, it's like when you're at the end, it gets so silly. I mean, didn't Rome fall because
16:28 the society got so corrupt? That's what's happening with COP30, it's just a joke. And developing nations are clamoring for more resilience funds and carbon taxes got steamrolled through day through
16:44 on day one. I mean, it's an annual shakedown where the poor countries demand
16:50 money from the rich countries who got rich from using fossil fuels for low energy to power their nations. While China, the world's largest emitter of fossil fuels, watches and laughs
17:09 We keep talking about this over and over again, but the rich get richer, and the former rich, like us United States, keeps getting to the poor. Just the poor keep changing, keep changing seeds.
17:26 It's really, it's just a grip. In years past, they've had some difficulty in getting the consensus agenda set before by day one This year, what I understand is they kind of steamrolled the
17:44 developing. nations, clamor for some more sweeping transformational and certainly financial commitments. And it's, you
17:56 know, so we put together a more manageable agenda, get things kicked off, go through our, you know, two weeks of platitudes and agreements with, you know, really no binding commitments And you
18:12 have, go back to Brazil hosting and the fact that the highest profile US representative was Gavin Newsom. I don't know if you saw he was down there. In fact, some of the tribes stormed into the,
18:26 you know, broke down the barricades and created quite a bit of chaos in the center where Newsom was speaking, which I also think is ironic because, as we know, Newsom has said offshore drilling in
18:42 California's
18:44 And California increasingly relies on
18:48 imports from places like Ecuador and other kind of Amazonian rainforest rich countries. But
19:01 I also found it interesting that
19:05 if you think about where Newsome has been in the last year or so, now that he sees, initially it was, I've got my podcast, I'm going up against Rogue and I'm going to have people on like Charlie
19:16 Kirk, I'm, you know, I'm going to wade into the pragmatists arena and do battle there. And hope I catch some of the, you know, the positive vibe of that and make myself look more mainstream.
19:30 But here he is down in Brazil, you know, calling US climate policy a joke and kind of back to the old playbook of catastrophism, when he's lost support, even among
19:49 his his former catastrophist constituency, the leader of that Bill Gates, making the comments and publishing his blog that he published a couple of weeks ago. And we talked about that as well. So
20:01 I mean, it kind of reminds me of something CS Lewis wrote, he said, of all tyrannies, a tyranny sincerely exercise for the good of its victims, maybe the most oppressive. Come 30 is a tyranny
20:14 with a green ribbon cutting down for us to save the planet. It is, I mean, equivalent, it's a wealth transfer scheme, disguises environmentalism. We know that it is what it is. Well, Brazil
20:29 could take real leadership here. Brazil could take real leadership here. They want to accelerate the transition. Be our guest.
20:43 right? I mean, yeah, let's shut down all the offshore oil fields off Brazil. Let's just do that. Let's see what happens. Let's see how much more political stability you get with a move like that,
21:02 lead through action and not words. I mean, I think Daniel Jurgen said it best, and I'm not quoting him, but is booked. I mean, Brazil is
21:14 the number one in the planet for suffering from the resource curse. They love spending money when they find resources, and they spend it right into
21:26 massive inflation, and
21:33 then they go bankrupt. They keep doing it. So when you read about the resource curse.
21:39 Brazil's always like This is the best country in the world to observe 'cause they keep doing it. So Brazil is ground zero for being a true idiot. So yeah, they can lead, but they're not going to.
21:53 We know.
21:56 Nothing new here. There's another side show here. And since Chuck's not on, I can talk about the IEA. They came out with their world energy outlook Javier Bloss wrote a piece in Bloomberg opinion
22:09 today. And basically what the IEA has said at a high level is,
22:18 well, we don't see oil demand peeking anytime soon. Gas may be never and coal may reach a zenith. They use the word zenith in a reasonably,
22:36 term period of time, which is a big, big change from, change from. where they've been for the last five years on predicting peak fossil fuel demand before the end of this decade. And so you're
22:52 losing kind of that messaging as well.
22:57 I'd like to be a fly on the wall in the conversations that executive director Beryl is having with Antonio Guterres As, Hey, man, you're
23:10 jumping ship here. We're gonna lose the grift. And
23:18 what Javier said in kind of
23:24 the headline is, we need to make the discussion of oil and gas or the issue of oil and gas, or fossil fuels more broadly, not taboo in the global debate where it's been.
23:41 He did characterize the, you know, as journalists tend to do or conventional wisdom or popular journalists tend to say that, you know, it's an addiction. And I think it starts with that negative
23:56 characterization.
23:59 Things like maybe less reliance on economic slowdown for getting the whole emissions and warming, objective, under better control. But I think reality has returned and smacked people in the face
24:20 that, you know, the data continues to suggest that this stuff's going to be around for a long time. And I was thinking about it, you know,
24:30 if you look at the last 20 years in the US,
24:37 We have cut GHGs. by 20
24:43 on a gross basis. And on a per capita basis, that's 25. And the dominant factor in that is the substitution of natural gas for coal in the power sector. A higher percent. That is points on the
24:56 scoreboard. You know, Europe's gone, the EU's gone a different way, the UK's gone a different way and not made that, you know, call it a bridge or an intermediate substitution. I don't believe
25:07 it's a bridge I think gas is the most attractive long-term
25:14 feel for the future, for a number of reasons, not just power generation. But the politics are so polarized that, you know, we can't
25:26 accept the fact that there is an actual
25:31 defined and evidence-based,
25:37 You know, what are emissions are down?
25:41 collectively, maybe in the West, I think it's on the order of
25:48 saw a number of like 10 to 12 and I think that's over a 30 year time frame. And there's a lot of, you know, nashing of teeth that it needs to be 60 by 2050 to meet net zero still and they're still
26:01 talking that tune at top. Well, if we got started five, 10 years ago and quit all this, you know, this polarized political nonsense and where it made economic sense to take out coal and replace
26:16 it with gas, those numbers in terms of reduction would be a lot bigger. We proved it in a pretty meaningful example of a country of 330 million plus people. But I think, I think, Mark, if you
26:29 look at that was driven by economics Sure, there were some emissions standards that forced the shutting down of coal plants, but natural gas economically is just a better option in many ways. So
26:45 because of the abundance of it. Now,
26:50 I think emissions, in fact, we should probably do some homework here about what did government regulations do to transition coal to gas?
27:04 Did that accelerate it? We can probably do an ROI analysis on it, but ultimately when you look at countries besides Europe who makes decisions, not based on their pocketbook or based on their
27:14 feelings, look at Europe, look at Asia, the Chinese, they have such an abundance of coal, it makes sense and why they're building coal. They don't have natural gas. Yeah, India is the same one.
27:28 And so
27:30 that's why you're seeing the decisions that they make. Right And so you're not gonna spend trillions of dollars
27:40 nationwide natural gas grid.
27:43 Same in China, although I was, I was surprised to see that
27:50 China domestic production, I think, supplies like 58
27:56 of their annual consumption, which is a much bigger number than I thought. I just haven't been paying attention to their MPX, their import versus domestic production trends, but they're kind of
28:12 marching hard on all fronts as it relates to energy security, which is first for them.
28:23 I think we're getting back to that being first for us. I'm cynical. I think they're happy to see the West continue to be distracted by ideological objectives as opposed to things like, you know.
28:39 what makes the most economic sense in creating layers of inefficient and ineffective or unreliable redundancy and power generation and not addressing things like high voltage transmission and
28:51 distribution, which continues to be laggard. And those are the things that we ought to be working on in the West with the IEA's leadership from a data led analysis and policy standpoint to, okay,
29:08 now you've admitted that 0 by 2050 report in 2021 is fantastic in kind of an absurd way.
29:21 Let's look at the entire picture for the member countries, the IEA, which are Western countries, and figure this out from an integrated energy system standpoint, to your point
29:36 where there's an abundance and availability and a reliability of coal, countries are not going to flip the switch and burden their populace with just the inherent costs, the capital costs of
29:52 building out new systems. Yeah, you're seeing a lot of solar being put in in and China India, for example. But the hand they've been dealt from a coal standpoint because coal does so much beyond
30:08 generate power, it drives manufacturing because of its thermal energy advantage.
30:16 Same with the US and natural gas, we've got multifaceted utility out of natural gas that's not only power generation. And so what you have is what you will use if you can do it at scale and you have
30:32 the economic incentive to choose one over the other I mean, it reminds me, like, especially, I mean, it's full circle. Gavin Newsom being in Brazil because he's destroyed one of the most
30:43 abundant states in the union, but it reminds me of a client I had once that
30:49 he brought us in and really needed strategic help. And I'm like, this division, the one he started with is basically everyone, every other division is paying for this one division of the company
31:04 So I recommend you fire the head guy and shut down the division
31:11 and being blunt, but being honest, he goes, but that's my brother-in-law and I'm not going to do that. So I said, so I just want to, so I just want to be clear, the other division heads know
31:28 that they are paying to keep your brother-in-law employed and keep that division going He said yes. I was like as long as you know what you're doing.
31:39 then my job here is done. But that's what happens. If you look at incentives, we are paying like only in, if you think about the Maslow's hierarchy of needs, I can't believe as a
31:57 public school educated kid, learn something from Psychology 101, but Maslow's hierarchy of needs, only when you're in self-actualization, can you do stupid things like what we're doing? So at
32:12 some point, it's all gonna fail. Brazil, I don't even know where they are, but the California is so dead, what if they were cut off from being a part of the union and we didn't pay for them
32:22 anymore, they would turn around immediately. But a lot of these stupid decisions, the thing about the Chinese, which I'm not for dictatorships, but their dictatorship is making economic-based
32:34 decisions, win the most dominant country in the world, focusing on low energy prices. I mean, that's all they're going to do. They're going to lip-sync to the Europeans who are crazy because
32:52 wealth from the very beginning of time has continued to fuel that empire, a bunch of little empires, but eventually it's going to come crumbling down and that's what we're saying
33:05 We've talked about this before too. There's no air between industry and the military in China. That's why they build 300 ships to R1. In fact, they launched
33:19 their largest aircraft carrier
33:23 yesterday or today.
33:26 Their
33:28 ability to align the manufacturing sector. with their strategic objectives militarily and politically is something that, you know, we ought to pay more attention to. And I think this is all part
33:44 of that soup as we think about the game that they're playing relative to, you know, delivering commitments or pronouncements of like nationally defined contributions on emissions that they have,
33:60 just don't listen to what they say, watch what they do, that they have no intention of meeting by subordinating their industrial objectives to an ideological outcome. I mean, for those of you,
34:15 many, I mean, look, 99 of the worlds are far sheep. They're, you know, they're going to just follow because of multiple reasons, but that's just the way the world works. But when someone tells
34:29 you something that doesn't make any financial sense to you, but they do it anyway. then there's theft involved. And in this case, that's what's happening, especially when you think about federal
34:41 government. There's so much theft at the federal level. Think about it. I mean, I live in a small island with, and by the way, speaking of, I got my driver's license. Awesome. Massive key
34:55 says. We were there. We were there. We were there. But what's so funny is I got rejected because I couldn't prove I didn't have the right documents to prove I lived here. So I had to go back and
35:06 show records. I didn't have that. But there's so many illegals. And when I'm in there for the twice, there are illegals that are trying to get their residency to get their driver's license. And
35:20 surprisingly, the driver's license people rejected three people while I was sitting there, which I couldn't believe it. 'Cause they, a year ago, they were just, I just give me a piece of paper
35:34 that says handwritten that says I live here. But what's interesting is I'm paying for these people. I'm literally watching and I'm paying for these people. And I see them and they freakin' wreck
35:48 their truck. They're brand new F-250s into telephone polls 'cause they're drunk, but there's no repercussions. But
35:58 for most of us, especially those great people that work in energy and oil and gas know that there's a great grift going on. This whole climate stuff is a ruse. And the fact that our Gen Z and Gen
36:14 Millennials believe that climate is religion, they've been sold to bill of goods. And a top 30 is just like, is the great example of all of this. Speaking over our industry,
36:31 This is the closing part. Landman returns on Sunday. Paramount Plus, so hopefully we'll see a rapid fire series of landman critiques and reviews with Chuck and his land bros.
36:51 Also,
36:53 we've both got big games. yours is bigger, coming up on Saturday. Can I say something? I'm gonna tell you, I am so happy for the Aggies. I cannot, I love it. I mean, you guys, I know you are
37:09 pride kicked you out of the big 12, so you ran to the SEC and have been nothing. And now we come in and, you know, of course, we're Texas, we're great, we're so good. And you know it, I know
37:22 it. But I love the Aggies and I agree with Lane over at, where the lane lane I can't remember last time but I think. Kippen, I think the Aggie should be number one. And I hope to God, you guys
37:37 stay undefeated until the day after Thanksgiving when we whoop your ass. What's the
37:44 bet? What's the bet? I mean, it's probably100 in a naked run in public or something, but - Or maybe on a BD shortly,
37:58 I forgot to wear it The loser has to wear the other's gear. Oh, I love it. Yeah, yeah, I do not have any Marin, that's for sure. Straight up, I'll send you some.
38:13 So
38:15 I sent my son-in-law after the floor, he's a Florida grad, after the Florida dismantling, I sent him the ugliest, he's an attorney, the ugliest, most obnoxious Texas AM tie, that revelry on it,
38:29 it had the water tower. It had the logo and it was a dog's breakfast of tacky. And he's required at his office to show evidence that he worked for a full day. Well,
38:48 good luck. So I, nonetheless, man. I'm, you know, I'm nervously
38:55 anticipating Saturday's game. We get South Carolina at home and unlike in years past, when you get close to the top four, we've found a way and it's usually on the road to step in it and it hasn't
39:10 happened yet. Now, I gotta tell you watching the Missouri game last weekend and one of my gripes for the past several years with my buddies who we kind of text live during, during any football
39:24 games is I saw more depth and balance than I've seen probably since I was in school. which was a long time ago. And that's been one of the key areas. And I
39:38 miss, you know, I had a misperception
39:42 and it was a couple of games. I think they had 65 yards in penalties. Early in the year, they had over 100 yards in penalties.
39:50 And I'm granting about this in the text thread is that, you know, what is the discipline breakdown? Because they had three off-sides penalties, spanning the second and third quarter over about a
40:03 10 minutes worth of play in some, you know, fairly important moments in the game. Well, I went and looked out of 134 FPS teams. They are 121st in terms of penalty yardage. So they're one of the
40:19 least penalized teams. And I guess my eyes kind of deceived me in terms of what I was seeing anecdotally, which was pretty interesting So I'll, uh, I'll quietly be happy about the relevance, but
40:33 let's, let's finish running the gauntlet because it's a lot can happen in these last three weeks. No doubt. Well, good luck. Tell a lot. Thanks for being fun. And then, then the blood will
40:45 come out. And then I have a tendency to get on, to get on Twitter, X and rage tax during Longhorn Games. So we'll, it'll be fun to watch. You should be on it. Well, let's all join it. We
40:59 should join it Yeah, let's do the channel. That'd be fun. Actually, I'm going to be,
41:07 my son turned 21
41:10 back in October and we're visiting one of my daughters in Florida. And there's the whole family entourage going out for belated 21st birthday celebration. And I'm hoping the venues are festooned
41:26 with televisions, otherwise I'm going to be watching
41:30 on on Friday night. It is a night game. I would assume. I think so. I'd better be.
41:37 Anyway, all right. Well, this is fun. Good see you. Let's catch up on your on your venture. Sometimes soon. I want to bounce guess the questions about it and hear more about it. Cheers. All
41:51 right.