Isaac Toussie

In a recent decision by the U.S. District Court for the Western District of Louisiana, Judge Cain Jr. ruled that the social cost of carbon metric that has been used since the Obama administration could no longer be used to evaluate decisions regarding climate change. The judge based his decision off of the harm the use of the metric was causing to the state in the form of economic damages. A known consultant in the oil industry, Isaac Toussie, a corporate oil investor, consultant, and deal maker, agrees with the judge’s decision and accentuated the flaws in using the social cost metric in the fashion that the Biden administration was using it.

The social cost of carbon metric was an attempt by the government to evaluate the costs of using natural gas and fossil fuels. These costs are economic costs, but economic costs that arise out of climate change. For example, climate change might cause an increase in flooding, which costs the government money. Given the speculative nature of evaluating the economic effects of climate change, different administrations have come to different conclusions on the exact dollar amount for the social cost of burning natural gases. The Biden administration pinned the number at $51 for every ton of carbon dioxide produced using natural gases, as opposed to the $7 per ton set by the Trump administration. Isaac Toussie highlighted the fact that the Trump administration better understood the speculative and loose nature of using a metric based on correlative data.

The judge, along with many members of the state, where disappointed with the economic hit the state would take if they utilized the $51 cost generated by the metric. The government was using the number to hold up delaying sales and preventing drilling in certain locations. As a result of the judge’s decision, the government has decided to stop issuing new permits and leases while the federal government reevaluates the situation. Disagreeing with the move by the federal government, Toussie sees this withholding of new permits and leases as a possible tactic intended simply to punish conservative states- “alternatively it seems like it will deteriorate our economy through loss of jobs and lowered production-” Isaac Toussie said.

Toussie further stated that the usage and facilitation of natural gas is a net positive for the world at the present time. The economic benefits outweigh the harm to the environment, especially if countries utilize natural gas in the proper fashion. Natural gas is a fundamental energy source that the world economies are built to accommodate. Most green forms of energy are expensive and cannot be scale to the levels necessary to fuel modern civilization. If drilled efficiently utilizing cutting-edge technology (and if natural gases replace inefficient carbon emitting energy sources like coal) natural gases could and should be used for decades during a transition to cleaner forms of energy.

This article is presented for informational purposes only and should not be relied upon as financial or other advice.

Isaac Toussie’s philanthropic work has reached a multitude of organizations throughout the country. He has contributed to hospitals, schools and public health organizations. Yet, Toussie’s commitment to supporting orthopedic programs throughout the country is both unique and important. Orthopedic health programs serve a vital function in facilitating proper recoveries for individuals with bone or joint injuries. These programs are necessary, but frequently are underfunded.

Trying to make a change, Toussie started his commitment to changing the landscape for orthopedic funding by making a substantial contribution to the Broward Health’s Orthopedic and Sports Medicine Center. Broward Health generally is a hospital system located in Broward County, Florida. In 2020, Broward Health had over 1,500 bed and 240,000 emergency visits. The facility is constantly growing in both size and scope. Their flagship hospital, Broward Health Medical Center in Fort Lauderdale, is a Level I trauma center and offers services ranging from cardiac care to surgical weight loss. Broward’s other hospitals offer similar services to various locations throughout the county. Toussie’s donation to the Orthopedic and Sports Medicine Center will help the hospital system treat various individuals that have suffered from sports related injuries. Any individual can suffer from a sport induced injury, many of whom would not have an easy medium for treatment without Broward’s center.

Toussie’s commitment to the field of orthopedics also led to his donations to the Hospital for Special Surgery (HSS). As its name indicated, HSS is a specialized hospital that treats patients with mobility issues. HSS is one of, if not the most, prestigious hospital in its field, ranking first in Orthopedics by U.S. News & World Report over the past 12 years. HSS has an unmatched level of expertise. “Founded in 1863, Hospital for Special Surgery is the oldest orthopedic hospital in the United States. More than 32,000 surgical procedures are performed annually. HSS performs more hip surgeries and more knee replacements than any other hospital in the US,” as stated on HSS’s website.

Orthopedics is not the only specialty medical field that Toussie has contributed to; he has made a point to support to a vast majority of specialty organizations. Toussie has made donations to the JDRF, a world-class organization that funds research projects for type 1 diabetes. The organizations mission is to eliminate type 1 diabetes through increased technological and scientific advancements. Additionally, Toussie has donated to the Epilepsy Foundation. The foundation looks to help those with epilepsy better live with their disorder. That usually comes in the form of helping individuals find effective treatment and manage the symptoms of the disorder. The foundation also provides local communities with educational programs to teach them about the disorder.

Isaac Toussie’s lifelong commitment to philanthropy has benefited a multitude of organizations, individuals and medical platforms. Toussie’s specific commitment to orthopedic programs has been expansive, yet not exclusive. It has aided multiple organizations across the east coast and has enabled much growth within their specialty fields.

This article is presented for informational purposes only and should not be relied upon as financial or other advice.

Financial instruments and investment vehicles are critical tools for the success of the economy that allow investors to purchase assets hand-tailored to their liking. Simple vehicles, such as stock or basic debenture bonds, allow investors to engage with major public companies. More sophisticated investments need skilled tailoring by individuals that have years of experience in the field. One specialist that has created numerous investment structures throughout his career is Isaac Toussie.

Toussie specializes in investment structures inside of the oil and gas industry as well as in land. He has structured investments for several companies in some of the largest oil companies in the world today. For example, Toussie created multiple investment vehicles and groups that made, and continue to make, investments into British Petroleum. In 2021, BP had revenues of $164.19 billion and an operating income of $18.08 billion. BP’s net income in 2021 was $8.49 billion. The company employs over 60,000 employees, sustaining one of the largest workforces in 2021. Investments in BP could be extremely lucrative, especially given the BP advance into wind energy with its recent partnership with Equinor. Toussie has created similar investment platforms and strategies for individuals to invest in Chevron and Exxon, two of the most notable names in the oil industry. Toussie’s ability to structure investments allows investors to benefit from the success of one of the world’s largest oil companies.

Part of Toussie’s creation of these investment vehicles comes with an analysis of risk. Each investment vehicle that he creates comes with a different degree of risk tailored to the particular investors that are spurring the investment. In order to ascertain risk, Toussie utilizes multiple tools to project the potential returns on the investment. One such tool is a sensitivity analysis. A sensitivity analysis method of assessing the risk of an investments by projecting multiple values for a given set of variables, like discount rate and output levels. By projecting multiple values for each variable, investors can have a better understanding of what could happen to their investment if certain events come to pass. The analysis incorporates the variability of certain factors and helps investors understand how their investment returns will change based on the change in the variables.

Toussie’s ability to dissect investments in the industry, and identify undervalued assets,  has led to his expansion into other parts of the industry. Notably, Toussie has consulted on several purchase and sale decisions and joint venture agreements within the space. Joint venture agreements are agreements between entities to accomplish a particular task. Joint ventures agreements create new companies whose sole purpose is to accomplish the task for which the venture agreement was established. These agreements are especially popular within the oil industry, because they allow companies to mitigate risk in excavation and drilling projects. Furthermore, joint venture agreements allow companies with potentially different specialties to pool their resources; this could lead to a highly efficient project, while still maintaining the individuality of each of the pre-existing companies.  Toussie has also advised on complete purchase and sale decisions for companies looking to expand or exit the market.

Prolific knowledge of the oil industry dynamics is crucial for making sound investments in the field. Toussie’s experience and incessant exposure to the major companies in the industry have provided him with the necessary skills and resources to create profitable investment vehicles. Toussie is always mindful of the importance of seeking hyper-green technologies and attempting to protect against and mitigate climate change whenever possible. He applauds big oils recent commitments to alternative forms of energy to supplement oil, along with safer and cleaner ways to extract and refine it.

This article is presented for informational purposes only and should not be relied upon as financial or other advice.

The oil industry has been a steady economic market for over a century. The industry is a necessary one, supplying over 37% of the state’s power. Investments in California oil companies is crucial to the success of the industry and the economic benefits that derive from it. Investing in these entities is a careful science that requires complex analyses contextualized to the market and the condition of the world.

One individual that has been engaging with the industry for some time is Isaac Toussie. Toussie has worked with numerous oil companies and investors, particularly in the California market. Some of the main work that he does is providing large companies with cashflow and sensitivity analyzes. Cash flow analyses are imperative for companies, especially those companies and investors that seek to make long term investments. Cash flow analyses, as the name indicates, is a prediction of how much cash will flow in and out of an entity over a given period of time. The analysis allows companies or investors to know if the investment is bringing in more cash than it is distributing out. Furthermore, for investors, a cash flow analysis is crucial in determining whether an investment suits the needs of the investor. Some investors are looking for a short-term liquid investment, while others are seeking a long-term investment with more cash flowing in over a longer period. To determine any of this, companies require a cash flow analysis to determine how much cash is coming in and when.

Toussie also specializes in producing replacement cost platforms. Replacement cost platforms look to analyze the cost to replace particular assets. These platforms are critical in determining the success of an investment, given that multiple assets will age and depreciate over the life of the investment. By determining how much it will cost to replace an asset, one can predict future expenses at the inception of the investment. This is a necessary tool for investors to attain accurate information regarding potential investments and they are key to Toussie’s success.

Toussie remains strongly enthusiastic about investing in California oil. Its utility coupled with its benefits over other forms of energy are compelling reasons for him to continue bolstering these investments. However, certain harmful items are disrupting the market. The most recent was an oil spill in Inglewood led to over 1,600 gallons being dumped into a local field neighboring a park playground. The area has a history of accidents, with three in the past ten years. Events like complicate the safety and efficiency of the market generally. These occurrences are usually limited to concentrated regions, but spills can be devastating to the local environment. Toussie emphasized that spills like these need to be prevented and hindered, but spills should not be used as an ad hoc justification to argue for the elimination of the industry as a whole.

Toussies proficiency in the industry makes him sought after by oil investors and operators. His methods of assessing investments and their viability are pivotal to investors and oil companies and has earned him a significant name in the field.

This article is presented for informational purposes only and should not be relied upon as financial or other advice.