• Regulators vs. Roughnecks: Scott Sheffield’s War with the FTC

  • Feb 11 2025
  • Duración: 46 m
  • Podcast

Regulators vs. Roughnecks: Scott Sheffield’s War with the FTC

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  • Resumen

  • Scott Sheffield—oil industry legend or convenient scapegoat? The FTC sure has opinions, and so does Russell Gold. Chuck sits down with the Texas Monthly senior editor to unpack the wild allegations that Sheffield was secretly cozying up to OPEC. Was the guy who helped turn the Permian into an oil superpower really playing both sides, or is this just another case of regulators picking a high-profile target? They dig into Sheffield’s legacy at Pioneer, the politics of energy regulation, and why industry leaders always seem to end up in the hot seat. Plus, a look at how Texas Monthly is helping bring the oil world to Hollywood with Taylor Sheridan’s new series, *Landman.*

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    00:00 - Intro
    01:05 - Importance of Scott Sheffield Story
    02:51 - ExxonMobil Acquisition of Pioneer Background
    04:44 - FTC Investigation of Acquisition
    06:44 - FTC Press Release & Sheffield's Response
    12:45 - Price Control Power in Oil Industry
    15:14 - COVID Impact on Prorating Oil
    18:28 - Oil Policy Discussions
    19:20 - Evidence from FTC Investigation
    23:07 - Scott Sheffield as Political Scapegoat
    24:44 - Creating Oil and Gas Industry Heroes
    28:57 - Texas Monthly & Landman Connection
    29:55 - Boomtown and Landman Insights
    30:50 - Earthquake Impacts on Oilfields
    33:10 - Life in the Oilfield
    33:55 - Issues of Oil Theft
    35:35 - CSI in the Permian Basin
    37:20 - Jerry Jones in Oil and Sports
    40:20 - Episode Wrap-Up

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