Mike Umbro on Oil and Gas Startups

California’s energy policies are a hot topic, and who better to break it down than Mike Umbro, the guy shaking things up and famously dubbed “California’s Worst Nightmare” on Twitter? Collin sits down with Mike to dig into the state’s controversial energy landscape, where regulation clashes with practicality. Known for his witty, no-nonsense takes, Mike isn’t afraid to call out the flaws in California’s energy approach. As a Partner at Premier Resource Management with a background in finance and a passion for common-sense solutions, he’s become a go-to voice in the industry, rallying for smarter energy policies and building a loyal following along the way. This one’s an eye-opener!

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0:00 - Intro
1:12 - Mike’s Early Content
3:30 - Mike’s Background
9:23 - Permitting Challenges for Geothermal
15:00 - Environmental Regulation in California
19:58 - Geothermal Energy Storage (GTECH)
25:25 - How GlassPoint’s Technology Works
29:25 - Economics of GlassPoint
30:25 - GlassPoint: Asset or Technology Play
32:00 - Scaling GlassPoint
35:00 - Land Usage and Surface Agreements
38:00 - Application to Other Basins
40:30 - Seismic Concerns
42:00 - Long Duration Energy Storage
44:08 - Solar Plus Battery
46:15 - Subsidies

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