GulfSlope Energy Inc (GSPE)

[spec machine]

Thank you, and your reflection on the state of matters in the sector (and broader domestic policy) are accurate and insightful

On a side note, we need a better definition of Strategic Petroleum Reserve

Whatever name it is given, the standard for “Strategic Reserve” should include a vertical slice of everything involved in the production of oil and gas

Everything from Proven Reserves and drilled but uncompleted wells to the drilling and production rigs

Include pipeline capacity and alternative routings to refineries and product pipelines

Spare capacity throughout and a little planning for disruption (other than the current hurricane readiness planning)

In severe disasters and disruptions, the capacity to produce energy and essential goods can’t be under appreciated

I’m not saying that government should throw taxpayer dollars at spare rigs, BOPs, and pipelines

But there should be a big effort to expedite permitting for the private companies who are building production capacity and strengthening our energy independence

That would be a win for the whole country

But it’s not going to happen with this administration, expect a continuation of exactly the opposite

I’ll also add that targeting of your enemies energy infrastructure is getting more common in daily/weekly reports

Headlines today include Russia and Ukraine trading attacks on refineries and power infrastructure

Tensions still smoking hot and nobody wants to give an inch for peace

WTI still mid $80s

GLTA

spec