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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Click here to watch a video of this episode. Click here to view the episode transcript. 0:00 - Intro1:12 - Mike’s Early Content3:30 - Mike’s Background9:23 - Permitting Challenges for Geothermal15:00 - Environmental Regulation in California19:58 - Geothermal Energy Storage (GTECH)25:25 - How GlassPoint’s Technology Works29:25 - Economics of GlassPoint30:25 - GlassPoint: Asset or Technology Play32:00 - Scaling GlassPoint35:00 - Land Usage and Surface Agreements38:00 - Application to Other Basins40:30 - Seismic Concerns42:00 - Long Duration Energy Storage44:08 - Solar Plus Battery46:15 - Subsidies

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