Oil is still above $90, and there is a lot going on behind the headlines.

In this live Oil and Gas Rundown, Jay Young breaks down what is really keeping oil prices elevated, how much of today’s price is driven by actual supply loss versus geopolitical risk, and what prolonged tension in the Strait of Hormuz could mean for gasoline prices, inflation, and the broader economy.

Joining Jay are Rex Gifford, EVP of Tax, and Bill Phillips, EVP of Land and Business Development, for a conversation on both the market and the investor side of oil and gas.

In this live discussion:

• What is really driving oil above $90
• Supply disruption vs. geopolitical risk premium
• What Middle East instability could mean for the U.S. economy
• Whether U.S. producers can realistically make up the difference
• What increases the value of acreage and leasehold today
• How land strategy affects the long-term value of a drilling program
• What investors should be asking now after a big tax bill
• Proactive tax planning moves to consider before 2027
• What to do over the next 6 to 12 months to be better positioned

Webinar update:
Our tax webinar featuring Tax Strategist Ed Lyon has been moved to April 28 at 2:00 p.m. CT. To register: https://kingoperating.zoom.us/webinar/register/5017756732935/WN_lQgnuT9fQDypa8ISjcjJTg or email theupside@kingoperating.com.

In this episode, Jay Young and Jordan sit down with Floyd McClendon, a Navy SEAL veteran, author, speaker, and mayoral candidate, to talk about leadership, faith, service, discipline, community growth, and purpose.

Floyd shares the life lessons he learned in the military, the mindset behind his “Seven Principles Preparing for Battle,” and how those principles now guide his leadership in business, personal growth, and politics. He also explains why he decided to run for mayor, what responsible growth looks like for a small city, and how strong leadership can shape the future of a community.

Jay and Floyd also discuss:

• Navy SEAL leadership lessons
• servant leadership and faith
• local government and responsible growth
• campaign pressure and staying mission-focused
• family, purpose, and resilience
• oil prices, energy markets, and U.S. oil and gas
• ownership, accountability, and long-term success

If you enjoy conversations about leadership, entrepreneurship, faith, public service, and oil and gas, this episode is for you.

Timestamps:

00:00 Intro and welcome
01:10 Meet Floyd McClendon: military, leadership, and service
03:00 Writing, speaking, and the “Seven Principles Preparing for Battle”
06:15 Commitment, sacrifice, and putting your house in order
10:30 Faith, purpose, and leadership in everyday life
14:20 Why Floyd is running for mayor
18:10 The 90-day plan: auditing leadership, finances, and city operations
22:40 Responsible growth, infrastructure, and preserving community identity
28:00 Growth, empowerment, and what leadership feels like to others
33:20 Staying mission-focused through criticism and political pressure
39:10 Building community, family events, and supporting local business
44:00 Rapid-fire questions: leadership, faith, toughness, and hope
49:30 Oil markets, Middle East disruption, and why prices could rise
55:10 Word of the week: ownership
58:00 Book recommendations, Landman, and closing thoughts

Oil dropped today, but it’s still above $90, and that still has major implications for the economy, consumers, drilling activity, and the oil and gas industry.

Join Rachel Griffith, Jay R. Young, Steve Mullican, and Mark Ayers live as they break down what moved the market, what $90 oil means right now, and how new geology technology is changing the way operators make decisions in the field.

From crude oil prices and inflation to drilling response times and modern geological tools, this live conversation covers what matters most in oil and gas today.

Click here to purchase Jay's book, "The Upside of Oil and Gas Investing": https://a.co/d/0eqQpTsx