On this “Small Business Saturday” episode of the Furthermore video podcast, host Amanda Head is joined by the President and CEO of Panex, Jay Burr. Right now the oil and gas industry is at a crossroads, grappling with both formidable challenges and exciting opportunities. Key among these are the pressing needs for strategic partnerships, substantial investments, robust educational initiatives, and adherence to high ethical standards. Burr has been vocal about these issues, especially highlighting the potential job displacement and significant infrastructure development required as the political left tries to transition the world toward ‘green energy’ economies.

Additionally, Burr shared the unique journey of Panex, a family-owned business now spanning four generations and currently living through what he termed as their, “second life.” This historical perspective illustrates the resilience and adaptability of the company amidst an ever-changing industry landscape. Burr also highlighted how Panex has managed to thrive by continuously evolving its practices and embracing innovation. One of the distinguishing aspects of Panex, as Burr explained, is their specific data review, approach to oil extraction and their operational ethos that sets them apart in the industry. He elaborated on the technical processes involved in extracting oil from the Earth and underscored the company’s commitment to responsible and efficient practices.

Furthermore, Burr does not shy away from discussing the broader political and economic environment's impact on his family-owned company. He voiced concerns about the policies of the Biden Administration, arguing that certain regulations have adversely affected the company’s success. Burr was particularly critical of the push towards an all-electric future, asserting that such a shift is neither feasible nor beneficial in the immediate future. He also pointed out that, “we’re all in the oil and gas business, whether you want to be or not.” Throughout this episode Jay Burr offered a comprehensive look at the current state and future prospects of the oil and gas industry.

Please note that if you would like to learn more about Panex or begin the investment process with Panex Oil and Gas you can do either or by simply visiting: www.Panex.us/Learn

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