03/25/2026
20 years ago, I was hired to operate a medical non-profit that was funded by oil and gas royalty investment returns.
A branch of the non-prof would send offer letters to folks who owned property with known petroleum reservoirs, and purchase the oil and gas rights to their property. These purchases were privately funded by a handful of men who made themselves wealthy on lowball royalty deals that often targeted people who were in desperate financial shape.
One of the investors offered my non-profit a no-interest loan to purchase a small share in any royalty deals my non-profit could find and put together.
My organization did all of the legwork for these deals, and the Money Guy would get a 35% share. While he fronted the funds to purchase our nominal percentage share, he also expected my organization to pay him back in full. And quickly.
The reasoning behind this was simple: we would have more money to “help” people when the oil market spiked during wars, Acts of God, and devastating weather events.
I was young—26 years old when I accepted the position as the Chief Operating Officer for both the medical mission and petroleum royalty investment-based funding organization.
I was still deeply entrenched in the extreme conservative ideology and religion I was raised in. I spent many formative years living in Midland, TX—the heart of the domestic oil and gas industry. Nearly all of my friends’ parents worked for Chevron, Exxon, Aramco, Shell, etc., and lived in McMansions on cul de sacs tucked into massive subdivisions.
My own family lived in humble homes and near poverty while my father preached the gospel to our oil boom and busted town.
Oil and Jesus were the blood in all of our veins.
I had traveled and lived abroad extensively between the years I lived in Midland and operating the petroleum fueled medical mission. I had a different perspective that was slowly beginning to form.
Why were we so focused on extracting a finite resource to fuel our lives? Why were we exploiting weaker countries and people, and causing damage to this beautiful planet God gave us when we could invest in endless energy supply?
Why was the non-profit making a handful of men rich, while medical mission received only a sliver of the pie?
Why were we indebted to the Money Guy if we were doing a bulk of the royalty procurement work and the Money Guy said he was doing this out of the goodness of his heart?
Why were we preying on people in our own country who had fallen on difficult times?
Why wouldn’t we allow people who were in a difficult position to maintain at least a small percentage of interest in their own land?
I remember conversations that I had over lunch with my coworkers and the Money Guy, who fed us lunch each day and provided office space for us.
My questions were quickly dismissed with answers that focused on using the windfall of oil and gas profit to help the people who were hurt by disaster, or he would highlight the negative economic impacts of moving away from petroleum based energy. And plus, we were giving financially strapped royalty owners cash to help them get back on their feet.
As you might imagine, my questions and gentle push back were most unwelcome. But this started a deeper internal questioning of my own faith and politics.
I began to ask myself “How good is the good that I think I’m doing?”.
I didn’t like the answer I came up with.
I was 45 years old before I learned that the US Dollar is backed by petroleum—by our world dominance in the petroleum industry. Oil literally makes the world go round and props up the USD. It is what has made us THE world power that everyone is afraid to cross.
Trump is so foolish and corrupt that he is unintentionally bringing about the demise of the petrol-backed USD, and ushering in other world powers who have invested in renewable energy.
Our dollar collapse and resulting energy and economic collapses are inevitable. We could have been investing in new markets and energy technologies this entire time. We could have been building a stable, sustainable future.
We could have actually been great.
Instead we have opened the door wide for China and others to set the stage for how the world is fueled on the other side of this disaster.