What's driving oil and gas markets this week, and what should investors be watching as 2026 comes to a close?

On this week's Oil & Gas Rundown Live, host Rachel Griffith is joined by King Operating Founder & CEO Jay Young, EVP of Tax Rex Gifford, and EVP of Engineering Ryan Goeres to discuss the latest energy headlines, oil and gas operations, investment considerations, and year-end tax planning.

In this episode:

• Oil Majors & Q3 Profits: Why companies like ExxonMobil, Shell, and BP are facing important decisions about capital spending, debt reduction, and shareholder returns.
• Diesel Prices & Refining Capacity: What's behind elevated diesel prices, the push to increase refining output, and the challenges facing U.S. refiners.
• From the Field: Ryan Goeres shares operational updates from King's Bivins and Mid-Continent projects.
• Oil & Gas 101: Gas lift vs. rod pumps vs. electric submersible pumps (ESPs). How do these artificial lift systems work, and why do operators choose one over another?
• Investor Corner: Rex Gifford discusses potential oil and gas tax deductions, fourth-quarter planning considerations, and why understanding your options before year-end matters.
• Inside King Operating: The latest on development activity, production, and KOP III.
• What's Next: King Operating's 30th anniversary celebration, upcoming energy and tax webinars, and the second edition of Jay Young's book.

Explore potential oil and gas tax deductions with our tax calculator:https://kingoperating.com/tax-calculator/

Upcoming Webinars:

November 3: Oil & Gas Market Update: Election Day, Oil Prices & What Comes Next, featuring Dan Steffens of Energy Prospectus Group.

Register: https://kingoperating.zoom.us/webinar/register/3917919943239/WN_dl5WxA_ATgyK9VVr0aWzTw

November 10: Don't Pay More Than You Have To, the third installment of our tax webinar series with Ed Lyon.

Register: https://kingoperating.zoom.us/webinar/register/5217875814546/WN_G9mSTtuNTka0Ns6KIG43Hw

King Operating is celebrating 30 years! Follow along as we share 30 days of company history, team highlights, and industry insights.

Subscribe to The Jay Young Show and King Operating for weekly oil and gas news, energy market updates, and educational discussions.

#OilAndGas #EnergyMarkets #DieselPrices #OilAndGasInvesting #TaxPlanning #KingOperating

Disclaimer: This content is for general informational and educational purposes only and is not investment, tax, or legal advice. Oil and gas investments involve risk, including potential loss of principal. Tax benefits depend on individual circumstances and applicable laws. Consult qualified financial, tax, and legal professionals before making investment decisions.

Billions of dollars are moving through the oil and gas industry as major energy companies pursue acquisitions, expand infrastructure, and position themselves for future growth. What's driving these deals, and what do they reveal about the value of energy assets?

In this episode of The Jay Young Show, Jay Young and Rachel Groce break down some of the biggest mergers and acquisitions making headlines in 2026, including major transactions involving Energy Transfer, ONEOK, Magnolia Oil & Gas, Matador Resources, and Diversified Energy.

From natural gas pipelines in the Permian Basin to multibillion-dollar acquisitions of drilling inventory, Jay explains why companies are paying substantial sums for existing production, undeveloped acreage, and future drilling opportunities.

Topics covered include:

• The multibillion-dollar energy acquisitions shaping 2026
• Why natural gas infrastructure is attracting significant capital
• How companies evaluate drilling inventory and undeveloped acreage
• The importance of proven reserves, production, and asset valuations
• How mergers and acquisitions fit into King Operating's development and divestment strategy
• What increasing energy demand could mean for future industry activity

Jay also shares how King Operating approaches asset development, using the Bivens Ranch project to illustrate the process of identifying drilling opportunities, evaluating production potential, and building assets for possible future acquisition.

As energy companies weigh organic growth against acquisitions, this episode explores the strategies and economics behind some of the industry's largest transactions.

Learn more about King Operating:
https://kingoperating.com

Subscribe to The Jay Young Show for conversations about oil and gas investing, energy markets, business, and the economy.

Disclaimer: This content is for informational purposes only and does not constitute investment, tax, or legal advice or an offer to sell securities. Oil and gas investments involve significant risks, including potential loss of principal. Projected performance, asset valuations, tax benefits, and future transactions are not guaranteed. Consult qualified professionals before making investment decisions.

Integrity isn't just about what you say. It's about what you do, especially when nobody's watching.

In this episode of Jay's Weekly Five, Jay Young shares why integrity is the foundation of trust, strong leadership, and lasting relationships in business and life.

This week's Bible verse, Proverbs 10:9, reminds us that walking in integrity leads to security, while dishonesty eventually catches up with us.

Jay also shares his weekly five recommendations, including The Speed of Trust by Stephen M. R. Covey, the TV series Blue Bloods, and The EntreLeadership Podcast, each offering lessons on character, responsibility, and doing what's right.

The takeaway: Your reputation matters, but your integrity matters even more. Keep your word, treat people right, and do the right thing, even when no one is watching.

Subscribe to The Jay Young Show for more insights on leadership, business, faith, and life.

What's driving oil prices, and what could continue global supply disruptions mean for U.S. energy producers and investors?

Join Rachel Griffith, SVP at King Operating Corporation, alongside Founder & CEO Jay Young, EVP of Land and Business Development Bill Phillips, and EVP of Geology Mark Ayers for this week's Oil & Gas Rundown.

We're breaking down the biggest energy headlines, sharing updates from the field, and explaining what today's market conditions could mean for the oil and gas industry.

In this episode:

• Oil & Gas Market Update: Saudi Aramco, Strait of Hormuz shipping threats, global supply concerns, and tightening diesel markets.
• From the Field: Updates on King's Bivins Ranch and Mid-Continent projects, including land development, drilling locations, and current operations.
• Oil & Gas 101: What's the difference between limestone, sandstone, and shale? Learn how geology influences drilling decisions and oil and gas production.
• Investor Corner: Understanding potential Q4 tax advantages of direct oil and gas investing, including intangible drilling costs and other important considerations.
• Inside King Operating: Development updates, KOP III, and plans for potential asset sales at NAPE.
• What's Next: King Operating's 30th anniversary, upcoming educational webinars, and the second edition of Jay Young's book.

Explore the potential tax implications of oil and gas investing:https://kingoperating.com/tax-calculator/

Subscribe for weekly updates on oil prices, natural gas, U.S. energy production, geology, and direct oil and gas investing.

Webinars:

Nov. 3 with Dan Steffens, register: https://kingoperating.zoom.us/webinar/register/3917919943239/WN_dl5WxA_ATgyK9VVr0aWzTw

Nov. 10 with Ed Lyon: https://kingoperating.zoom.us/webinar/register/5217875814546/WN_G9mSTtuNTka0Ns6KIG43Hw

Disclaimer: This content is for informational and educational purposes only and does not constitute investment, tax, or legal advice. Oil and gas investments involve risks, including potential loss of principal. Tax benefits depend on individual circumstances and applicable law. Consult qualified professionals before making investment or tax decisions.

Are digital assets becoming a permanent part of modern wealth management?

On this episode of The Jay Young Show, Jay Young and co-host Jordan Soto sit down with Jake Claver, Chairman and Principal of Digital Ascension Group, to explore the evolving world of digital assets, cryptocurrency, blockchain technology, and the future of wealth management.

As institutional interest in digital assets continues to evolve, investors, family offices, and financial advisors are asking important questions about portfolio diversification, risk management, asset protection, and long-term opportunities.

Jake shares his perspective on how the digital asset industry has matured, what sophisticated investors should understand before entering the market, and how blockchain technology and tokenization could reshape traditional finance.

In this episode:

• How the cryptocurrency and digital asset industry has evolved over the past decade
• Why family offices and high-net-worth investors are evaluating digital assets
• Bitcoin, crypto, and blockchain as part of a broader investment strategy
• Common mistakes investors make when entering the digital asset market
• The importance of custody, risk management, tax planning, and estate planning
• What the next three to five years could mean for digital assets and traditional finance
• Jake's advice to his 18-year-old self

Whether you're an entrepreneur, investor, or simply curious about the future of finance, this conversation offers a closer look at the opportunities, challenges, and developments shaping the digital asset landscape.

Subscribe to The Jay Young Show for conversations with entrepreneurs, investors, business leaders, and innovators shaping the future.

Sponsored by King Operating Corporation.

Learn more about alternative investment opportunities, including direct oil and gas investing, at https://kingoperating.com.

Connect with Jake Claver:

Want to learn more about Jake Claver and his work in digital asset wealth management? Visit https://dag.com to explore Digital Ascension Group and learn more about its services.

Interested in Jake's Mastermind? Visit https://beyondbroke.com to learn more about the Beyond Broke Mastermind and how to get involved.

Success doesn't happen overnight. It takes hard work, perseverance, faith, and a willingness to keep going when things get tough.

In Episode 283 of The Jay Young Show, Jay Young shares his Weekly Five for October 12, 2026, centered around one powerful word: WILLING.

From trusting God's timing to learning from Sylvester Stallone's journey to success, Jay explores why determination, consistency, and faith matter in business and everyday life.

This Week's Five:

Word of the Week: WILLING – Why success requires taking risks, learning from setbacks, and refusing to give up.

Bible Verse: Galatians 6:9 – A reminder to keep doing good, remain faithful, and trust God's timing.

Book of the Week: The Steps: A Memoir by Sylvester Stallone – A story of determination, rejection, and perseverance on the road to success.

Podcast of the Week: The Interview from The New York Times, featuring Sylvester Stallone and Lulu Garcia-Navarro discussing life, career challenges, and lessons learned.

TV Show of the Week: Cupertino – A legal drama exploring Silicon Valley, powerful technology companies, and the fight against the odds.

Plus, a message for investors:

As 2026 comes to a close, Jay discusses how direct oil and gas investing may offer potential tax advantages, depending on individual circumstances. Drawing on more than 35 years of industry experience and insights from his book, The Upside of Oil and Gas Investing, Jay encourages investors to learn more about the opportunities and risks involved in American energy investing.

Learn more at: https://kingoperating.com

Tax benefits are not guaranteed and depend on individual circumstances. Oil and gas investments involve risk, including potential loss of principal. Consult your tax and financial advisors before making investment decisions.

The Jay Young Show is sponsored by King Operating Corporation.

Subscribe for weekly conversations about faith, leadership, business, investing, energy, and the lessons that shape success.

Oil prices remain around $90, global demand for U.S. natural gas stays strong, and domestic operators continue to navigate a changing energy market.

On this week’s Oil & Gas Rundown, Rachel Griffith breaks down the biggest energy stories of the week and what they could mean for U.S. oil and gas operators.

We also go to Land Manager Aaron Ledyard for an update on King Operating’s Bivins and Mid-Continent projects, including what makes these locations and leases attractive from a land perspective.

Then Senior Reservoir Engineer Ian Crane takes us inside Oil & Gas 101 to explain how engineers determine where to place a horizontal well thousands of feet underground and how they work to stay in the best reservoir rock.

Plus, Rachel covers:• Why Q4 is an important time to start thinking about potential oil and gas tax benefits• King Operating’s plans leading into the North American Prospect Expo, NAPE• Current development and production activity• The upcoming second edition of Jay Young’s book• King Operating Corporation’s 30th anniversary• The next tax strategy webinar with Ed Lyon on October 13

From the market to the field to the engineering behind each well, here’s what happened this week, why it matters, and what to watch next.

That’s your Rundown.

Jay Young revisits his conversation with Rhett Bennett, Founder and CEO of Black Mountain, recorded at the 2024 NAPE Expo.

Rhett shares how growing up in a Kentucky coal mining family shaped his path into the energy business and how he went on to build Black Mountain into a diversified energy company with operations spanning exploration and production, frac sand, midstream, saltwater disposal and battery metals.

Jay and Rhett discuss the strategy behind identifying opportunities early, scaling businesses quickly and adapting as the energy industry changes. Rhett also breaks down the growth of Black Mountain’s frac sand business and how innovation in horizontal drilling and hydraulic fracturing helped transform U.S. oil and gas production.

They also look at the remarkable growth of the Permian Basin, the technology that made that growth possible and the broader role of American energy production in the global economy, geopolitics and energy security.

It’s a conversation about entrepreneurship, deal-making, innovation and creating value in one of the world’s most dynamic industries.

About Rhett Bennett:
Rhett Bennett is the Founder and CEO of Black Mountain, which he established in 2007. Black Mountain has grown to include businesses across exploration and production, in-basin frac sand mining, midstream, commercial saltwater disposal and battery metals.

Rhett has been active across numerous energy industry organizations and has received several honors throughout his career, including Oil & Gas Investor’s Forty Under 40, EY Entrepreneur of the Year in Energy Services and D CEO Magazine’s Oilfield Services CEO of the Year.

He earned a Bachelor of Science in Business Management from the University of Georgia and later completed the Energy Executive Management Program at the University of Oklahoma’s Michael F. Price College of Business.

The Jay Young Show is sponsored by King Operating Corporation.

To learn more about direct oil and gas investing and the potential tax benefits associated with these investments, visit kingoperating.com.

Always consult your own tax, legal and financial professionals regarding your individual circumstances.

Subscribe to The Jay Young Show wherever you listen to podcasts and watch on YouTube at JayRYoungOfficial.