Patrick Boyle

But there's all sorts of gases and settling and things that happen inside wells.

There's even like bacterial growth that can occur to damage the oil and so on.

and so you have to shut these things down slowly you have to start them up even the the pipes that run the liquid natural gas you know liquid natural gases when it's compressed very cold right and so when when these things kind of change temperature quickly as you pressurize and depressurize them and so on you you end up with the pipes cracking and that sort of thing so a lot of infrastructure

A lot of oil infrastructure can't be turned on and off the way people think it can.

A lot of it is just damaged.

And so even if we leave the podcast studio and look at our phones and it says the Strait is open, these problems are still in the pipeline.

They're still coming at us.

It could be a decade before all of this actually gets sorted out till we're back to the normal levels of production.

Yeah, I mean, so we've seen oil prices go up.

There's an interesting thing where, you know, obviously in the UK we've been hit quite hard by it.

There's interesting incentives that even then exist around the world.

A good example would be even if we go back to Russian invasion of Ukraine.

And in places like Britain, the government said, well, we're going to try and take some of the impact.

We'll reduce taxes on it or whatever.

The problem even with doing that is it doesn't send the price has gone up and the price going up is a signal that this thing is rare and to use less of it.

If the government dampened that signal, we continue to use it as normal.

And of course, in wealthy countries, we can kind of get away with that.

But then you see in parts of the world where the governments have no budget to deal with this in the poorest parts of the world, like Bangladesh and so on.

They just don't get any energy supplies, you know, so it causes huge problems everywhere.

It's, yeah, I guess once again, it's sort of the world is way more interconnected and way more complex than society.