John D. Arnold

Among energy analysts and veteran investors, these numbers are viewed with deep skepticism.

High-profile energy investors like John Arnold have pointed out that this figure was reported by Hugo Chavez to OPEC to bolster the regime's international standing, and has been uncritically repeated by global bodies ever since.

Some estimate that the reserves may be exaggerated by as much as 220 billion barrels.

Even if this huge reserve figure was accurate, Venezuelan oil is not the high-quality, light-sweet crude found in the US Permian Basin.

But we opened the show a few weeks back where I talked about the difference between financial commodity traders and physical traders.

And we talked about John Arnold, Andy Hall, Mark Rich, the men who made generational wealth.

know where the molecules are, but also had control over the molecules.

So I think what we're seeing here, if knowing that the barrels are the edge, owning the barrels is the ultimate edge.

And, you know, so I've been working for this philanthropy for the last three years.

Basically, our job was to give away Laura and John Arnold's money.

They're putting toward this.

They could be spending all of their money on their billions on yachts and islands, and they're choosing to spend it on research and evidence-based policy lobbying.

We've got a number of people active in the energy industry.

John Arnold with Arnold Ventures is going to be on our program.

He's a-- John made his career in, in trading, oil and gas trading.

Uh, Will, Will VanLo, who's with Quantum, uh, Energy is, is, uh, Quantum Capital is gonna be one of our speakers.

Well, y- Mindprint Hash, you and Cameron have been doing an incredible job with that.

Uh, I'm sure you've picked up on it, but John Arnold is your biggest fan.

Thank you.

From twenty one.

All right, Kirk, what do you think?

Well, I mean, he ran the Soros Fund, and he's a macro trader, and I just think, like, guys like him look at, like, yield curves, capital flows, and I think about how, like, John Arnold, he didn't become a billionaire by reading the future curve.

He, he became a billionaire by knowing exactly where the gas was physically, how, you know, what was, what was, uh, the storage cavern capacity in Mount- Mont Belvieu, blah, blah, blah.

But I went back and I started looking at, like, guys like Mark Rich.

You can't point to one party.

So you could have John Arnold, billionaire on the left from Enron.

You can have, you know, Dick Weakley or Tim Dunn on the right, billionaires in Texas.

You've got Jeff Yass funding Abbott.

There's a

Mr. John Arnold in reception.

He wants to come up.

Mr. John Arnold? The colonel's confidential advisor.

It was his attempt to get through to the colonel this morning that led to the discovery.

All right,

Telepoint, it's urgent.

Any other developments?