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Navigating 50+ Years in Oil: Lessons from Gary Wooley

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More than fifty years in one industry changes more than résumés.

Gary Wooley remembers growing up in post‑World War II New Orleans, finding his way into the oil fields, and unexpectedly discovering a love for teaching at LSU before moving into high‑stakes consulting and board service at Integrity Bank. Along the way, he’s faced the hard realities of risk, regulation, and politics, and he talks with Hazem and Mack about safety, banking, and what it really takes to grow a business. His story weaves together family, education, faith, community, and what it means to keep giving back over a lifetime.

To learn more about Integrity Bank, go to itx.bank.

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Key Takeaways

1. Gary shares his path from a working-class family in New Orleans to an accomplished career in oil and engineering. His journey highlights the transformational impact of mentors (like Dr. Carver) and the importance of education, curiosity, and seizing opportunities that may arise unexpectedly.

2. The conversation reveals the vast breadth and depth of the oil industry, underscoring its essential role in the global economy and daily life. Despite environmental and political challenges, the discussion makes clear that oil remains irreplaceable as an energy source for the foreseeable future.

3. Gary emphasizes that protecting human life is the oil industry’s highest priority, particularly in light of disasters such as the Deepwater Horizon spill. The transcript drives home the significant risks present in oil extraction and the vital need for rigorous safety standards and accountability.

4. Through his experience as a bank director and entrepreneur,
Gary stresses that strong banking relationships and financial literacy are crucial for small businesses, startups, and established companies alike. Banks play an indispensable role in guiding business owners to sound financial practices and sustainability.

5. Gary’s commitment to giving back—whether through his work with LSU, community involvement, or mentorship. The broader lesson is that a fulfilling career includes investing in the success and well-being of others, both professionally and personally.

Timestamped Overview

00:00 Choosing Mechanical Engineering Path

03:52 Grad School Offer He Couldn't Refuse

09:12 From Bricklayer to Oil Career

11:50 Consultant Resolves High-Stakes Crises

13:41 BP Fallout and Deepwater Horizon

18:34 Oil Debate: Necessity vs. Transition

22:42 Banking: Crucial for Startups

24:10 Understanding Small Business Financing

29:14 Reflecting on LSU Achievements

30:08 Model of Integrity and F

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