Patrick Boyle

It's not.

It's natural gas, basically.

Basically, what we have done, what the human development has been, is just converting energy into goods.

And one of those things is fertilizer.

The reason the global population...

You go back a century, and people would have said, well, the planet couldn't hold the amount of people it has right now.

There's not enough agricultural capacity.

But actually, there kind of is once we worked out how to turn energy into fertilizer.

Yeah, they'll run out or they'll run low.

And that then means that farms are less productive, essentially.

At first, less productive because the farmers will continue to fertilize, but just with less.

And I'm not really much of an expert on this, but I believe that kind of compounds out over the years.

there's sort of an optimal level of fertilizer to lay that if you kind of back off on it now, apparently it'll harm things in the future.

I don't exactly understand that.

But almost everything we have ties back to energy prices.

Because even just stuff being moved at sea is a huge energy cost to that.

You know, almost every product that we have in the modern world traces its way back to the oil and gas industry.

It's less food and more expensive.

Well, you know, once again, like who's going to be hit by this?

It's going to be people in poor countries, right?