Tuesday, May 5, 2020

Good Riddance to Ryan Sitton

"He who walks with wise men will be wise,
But the companion of fools will be destroyed."
Proverbs 13:20

Government-mandated production limits are dead in Texas (for the time being), but gol-ly did some true colors get revealed:
But the discussion about prorationing amounted to hardly anything other than politics, Sitton said. Before Tuesday's meeting, Sitton wrote a post on his personal website titled "Politics win, Texans lose." He expressed similar sentiments on Twitter.

"I wish I could explain why so many Texans will lose their jobs while oil production drops in the US worse than anywhere else," Sitton tweeted, "but politics beats data, so there are no answers. Just 'free market.'"
Sitton's full piece is here.  We recommend you read the whole thing.  Relevant sample:
Instead, the discussion at the RRC devolved into a philosophical “free market” discussion versus a fact-based, data-driven discussion. I worked to focus on the data, follow the law, and quantify the reality of hundreds of thousands of Texas energy workers losing their jobs and businesses. Political groups, representing oil interests from all over the world worked to keep the debate from even happening.
The whole thing sounds like Franklin Roosevelt, circa 1935.

But here's the funny thing: We've never actually supported Sitton.  He was the establishment guy in 2014.  We voted for Mark Miller that fall.  While we certainly did intend to vote for him this fall, that became moot after he lost his primary.

Apparently, he didn't lose that primary a moment too soon.

Adios muchacho.

Bottom Line:  Honestly, it's astonishing we even had to have this conversation.  Government mandated crude oil production caps help nothing.  But at least the elected official who pushed this policy will be out of office soon.

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