Odd Lots

Jack McClendon on Why It's So Hard to Create a New American Oil Boom

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Apr 20, 2026
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ANECDOTE

Growing Up Around the Shale Revolution

  • Jack McClendon ties his career to the shale revolution and his father Aubrey McClendon's role in pushing it into the mainstream.
  • He contrasts 2005 fears of US depletion and 5 million barrels per day output with today's position as the world's largest producer.
ANECDOTE

Landman Feels Real Until It Doesn't

  • Joe Weisenthal asks about Landman and whether oil families really see themselves in it.
  • Jack McClendon says some industry sentiment rings true, but his wife quit after two episodes and called the show ridiculous.
INSIGHT

Oilfield Inflation Hit Labor Power And Steel Hard

  • McClendon says his operating and capital costs rose roughly 25% to 30% since COVID, led by labor, power, and chemicals.
  • Tariffs lifted steel and aluminum, while lower oil prices recently created slack in rigs and frack fleets that started easing capital costs.
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