Oil

[basballguy]

(05-25-2022, 12:32 PM)KillerGoose Wrote: Thanks for this, Stewy. Hadn't heard about this. I'm involved in our S&D meetings weekly but we haven't had one in a couple of weeks so I haven't heard much in the way of market updates. This is such a frustrating topic to try to have with people who don't understand the industry. It is surely going to turn into a political weapon which just isn't accurate. Any explanation typically falls on deaf ears I.E. "it just has to be Biden's fault". It's a lazy take. 

This applies to damn near anything.  However, spending a lot of time in a single industry tends to create a bias in favor of it.  You start seeing things the way your corporate leaders see it based upon the data they put in front of you.  You are groomed to think a certain train of thought.  And whether it's right or wrong, you've become an advocate of the industry.  I'm not saying this is you, but it happens.

Now that doesn't mean you're not right....but we have to acknowledge people just lose objectivity and don't realize it.  

It'd be like me trying to convince people AT&T isn't the awful company they think it is and they just don't understand how 5G works, or billable calls, or whatever else.  

A better example is when I worked in telcom corrections for a few years.  They convince you that it really costs 15 bucks for a loved one to call the inmate in the jail....and a paid video visitation is more beneficial to everyone versus face to face contact.  

Net net, you can't blame people for not taking your word (or Stewys) just because they're not in the industry.