Bob Cordaro Show Hour 2 from October 9, 2026

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The Bob Cordaro Show [upbeat music] podcast.

Just to update you, uh, everything's out, electronics. We can't play my usual music, my usual clips, anything, so we're hanging in there. But I had arranged prior to this, uh, an interview with our man Jay Young, president of and founder of King Operating Corporation, oil and gas operator and investment firm in Dallas, Texas. He's been on before. And one of the things that we're talking about is the US Strategic Petroleum Reserve and the energy situation that we have. We don't just have, um, high oil and gas prices. We have potential shortages in the offing, and Jay Young is with us to talk about that. Jay, welcome back to The Bob Cordaro Show. How are you, my friend?

Hey, I'm doing great, Bob. How you doing?

Good. Good. We got all kinds of technical issues, but, uh, we're, we're gonna fight our way through it. We finally did get the phones to work, so that's a good thing. Uh, all right, Jay, tell me, give me, give me the story.

Well, I'll tell you what, Bob, we're, we're shutting in a lot of wells right now in the, in the Gulf, and when you do that, you're having a lot of disruption. When you have disruption, prices are gonna go up, and that's exactly what's happening right now in the Gulf. I mean, not only do we have all the problems that we've had in the last, you know, since, since January, uh, with, with oil production and going off, but now you have something else going on, which is the hurricane. They're shutting in over a million barrels of oil, uh, which is, uh, obviously not good, and, uh, you know, oil prices, it's, it's gonna cost you at the pump.

Well, all right, so h- I mean, part of that's baked into the cake, isn't it? I mean, it's not