This week on The Rundown, Rachel Griffith is joined by Jay Young, Founder & CEO of King Operating, Mark Ayers, EVP of Geology, and Ian Crane, Senior Reservoir Engineer for a fast-paced look at what’s happening across the oil and gas industry.

We break down three major energy stories making headlines: rising U.S. diesel prices and discussion around a potential export ban, the Strategic Petroleum Reserve falling to its lowest level since 1982, and U.S.–China talks that could potentially reopen a major market for American LNG.

Then we head From the Field for updates on Bivins and Mid-Continent activity, explain well spacing and horizontal well interference in Oil & Gas 101, and discuss why investors may want to start thinking about Q4 tax planning before year-end.

We’ll also cover what’s happening inside King Operating, upcoming drilling plans, KOP III updates, and two upcoming webinars:

Oct. 7 at 11 a.m. CT Powering the Next Economy: Why AI, Energy Demand and a Changing World Are Putting U.S. Oil & Gas Back in Focus Featuring John Mauldin and Rachel Griffith

Register Now: https://kingoperating.zoom.us/webinar/register/1017901753466/WN_skbZiFaNRQa4qrgMqu2gOw

Oct. 13 at 2 p.m. CT Rethinking Your Tax Strategy: Part 2 of our tax series with Ed Lyon

Register Now: https://kingoperating.zoom.us/webinar/register/6717875814427/WN_74qEHjcVRXCoBiVE6vqwyw

MARKET → FIELD → EDUCATION → INVESTOR → KING → WHAT’S NEXT

That’s your Rundown.

Energy markets are heading into the fourth quarter of 2026 with plenty for investors and industry leaders to watch.

On Episode 274 of The Jay Young Show, Jay Young and Jordan Soto welcome back Josef Schachter, founder of the Schachter Energy Report, for a conversation about the latest developments across the oil and natural gas markets and what Josef is watching as we move toward the end of the year.

Josef also gives us a preview of Catch the Energy 2026, taking place Saturday, October 17 at Mount Royal University in Calgary. The conference will bring together more than 45 energy companies and give investors the opportunity to hear directly from CEOs and senior executives across exploration and production, energy services, pipelines and infrastructure, and emerging energy technologies.

In this episode:
• What Josef is watching in oil and natural gas markets
• The energy outlook heading into Q4 2026
• Key forces influencing the energy sector
• Why direct access to energy company leadership matters
• What attendees can expect from Catch the Energy 2026

Today’s episode is sponsored by King Operating Corporation.

As year-end approaches, investors may be evaluating their 2026 tax planning strategies. To learn more about direct oil and gas investing and its potential tax advantages, visit KingOperating.com.

Subscribe to The Jay Young Show on YouTube and wherever you listen to podcasts so you never miss an episode.

In this episode of The Jay Young Show, Jay shares this week’s Jay’s Weekly Five, centered around one of the most important skills in business, leadership, and life: communication.

Jay breaks down why great communication starts with listening, clarity, and understanding the person on the other side of the conversation. He also shares Ephesians 4:29 and the reminder to use our words to build others up.

This week’s five include:

• Word of the Week: Communication
• Bible Verse: Ephesians 4:29
• Book: Supercommunicators by Charles Duhigg
• TV Recommendation: Friday Night Lights
• Podcast: How I Built This with Guy Raz

Jay also shares practical thoughts on leadership, relationships, teamwork, and why the way we communicate can make a lasting impact.

Jay’s Weekly Five is sponsored by King Operating Corporation.
Learn more about oil and gas investing and potential tax advantages at KingOperating.com.

Subscribe for more episodes of The Jay Young Show and come back next week for another Jay’s Weekly Five.