Can’t Deny It

Chuck chats with the GOAT oil research analyst Doug Terreson about his new book Can’t Deny It, recounting his days at Schlumberger, Morgan Stanley and Evercore ISI. Doug made three of the greatest calls in the energy business if not all investing. “Era of The Super Majors”, “The Golden Age of Refining” and “The Pledge” are amazing stories of doing the fundamental research and bucking the Wall Street consensus. And of course he begged the oil price collapse in 2008 when the rest of Wall Street was predicting $200 oil. This is a must listen for any investor. Click here to watch a video of this episode. Join the conversation shaping the future of energy. Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward. Apply today at collide.io Click here to view the episode transcript. 00:00 - Intro 01:00 - Who is Doug Terreson 10:46 - The Era of the Supermajor 13:56 - The Supermajor Report Insights 17:33 - Supermajor Reaction Analysis 19:40 - The Louis Rukeyser Show Influence 23:10 - Understanding the Supermajor Era 26:05 - Investor Impact on CEO Decisions 27:55 - Business Fundamentals Explained 32:45 - Supermajor Era Overview 37:05 - Sinopec's Role in the Industry 37:31 - Venezuela's Oil Challenges 42:00 - The Golden Age of Refining 51:00 - 2008 Oil Price Spike Analysis 54:20 - Coping with Job Loss 57:34 - Oil Market Perspective in 2014 01:01:40 - Capital Discipline Pledge 01:06:50 - Shale Revolution Overview 01:13:31 - Shale 2.0 Developments 01:17:48 - Geopolitical Risks in Oil 01:18:48 - Fishing Insights 01:22:42 - Winning the Fishing Tournament https://twitter.com/collide_io https://www.tiktok.com/@collide.io https://www.facebook.com/collide.io https://www.instagram.com/collide.io https://www.youtube.com/@collide_io https://bsky.app/profile/digitalwildcatters.bsky.social https://www.linkedin.com/company/collide-digital-wildcatters