@johnarnold@douglewinenergy Pro growth regulatory environment in Texas makes it uniquely susceptible to the externality created by massive federal subsidy. Massive intermittency imposed on the people of Texas by the feds.
@fortworthchris Ken is great, but I don’t believe those returns at all given what I know of recent vintage NGP funds which are much larger than those early funds. Let’s see the backup!
@EnergyCynic Very tough to push service costs even lower when a lot of those guys are already bleeding out. You can save your locations for a better day though.