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| Rick Perry |
Former Energy Secretary Rick Perry is lobbying on behalf of the US shale oil industry, which faces "an existential threat" due to the collapse of crude oil prices, according to the Financial Times.
Appearing on Fox's "Tucker Carlson Tonight" on March 31, Perry warned the oil industry is "on the verge of massive collapse" because Saudi Arabia is flooding the world with cheap oil.
Perry has been talking up president Trump's bid to cut a deal with Saudi Arabia and Russia to curb production, a rumored deal that led to a spike in oil prices.
Following Trump's tweet about a potential Saudi/Russia production cut, crude oil registered its biggest single-day price jump, 25 percent to $25.32 on April 2.
Most shale producers need oil to be priced at $50 per-barrel to turn a profit.
The FT reports that Perry, who was governor of Texas, has "deep ties to the Midland crowd," referring to the town that is the epicenter of the Lone Star State's shale region.
Knob Petroleum, which is based in Panama City, has retained Ballard Partners to explore opportunities in Venezuela.
Brownstein Hyatt Farber Schreck has signed to represent Eastern Air Holdings, which operates deportation flights for Immigration & Customs Enforcement.
Ballard Partners has lined up Australia’s Energy Transition Minerals company, an explorer and developer of rare earths minerals opportunities. It touts its Greenland property as having the potential to become the biggest rare earths producer in the western world.
Abbvie has retained Trump-connected Winston-Salem-based Checkmate Government Relations for healthcare matters and issues related to the life sciences sector.
Netflix has retained Bloom Strategic Counsel for regulatory matters regarding its proposed $83B merger with Warner Bros. Discovery.
