Scott Tinker

And oil was essentially nothing from shale, and now it's 63% of our oil comes from shale.

And oil was essentially nothing from shale, and now it's 63% of our oil comes from shale.

And oil was essentially nothing from shale, and now it's 63% of our oil comes from shale.

Less than two decades. And the oil molecule, it's a big, complicated, remember, complex carbon-hydrogen change. You can't get it out of those little holes very easy. Technology continued to evolve to allow the Bakken, the Eagle Ford, and West Texas Permian Basin to produce oil. This is revolutionary. Now look, so that's supply. Won't last forever, but this is important.

Less than two decades. And the oil molecule, it's a big, complicated, remember, complex carbon-hydrogen change. You can't get it out of those little holes very easy. Technology continued to evolve to allow the Bakken, the Eagle Ford, and West Texas Permian Basin to produce oil. This is revolutionary. Now look, so that's supply. Won't last forever, but this is important.

Less than two decades. And the oil molecule, it's a big, complicated, remember, complex carbon-hydrogen change. You can't get it out of those little holes very easy. Technology continued to evolve to allow the Bakken, the Eagle Ford, and West Texas Permian Basin to produce oil. This is revolutionary. Now look, so that's supply. Won't last forever, but this is important.

We've been producing those now for 20 years, some of those basins, and 10 years. The total amount of oil and gas in those basins is called the resource.

We've been producing those now for 20 years, some of those basins, and 10 years. The total amount of oil and gas in those basins is called the resource.

We've been producing those now for 20 years, some of those basins, and 10 years. The total amount of oil and gas in those basins is called the resource.

It's pretty accurate. My organization did those studies for 20 years, and others have too. But we did that resource estimates of all the big shale basins at UT Austin, Bureau of Economic Geology. You can estimate what's in place. The reserve, and this is where language gets kind of funny, is what you can produce with today's technology at today's price. Price changes, reserves change.

It's pretty accurate. My organization did those studies for 20 years, and others have too. But we did that resource estimates of all the big shale basins at UT Austin, Bureau of Economic Geology. You can estimate what's in place. The reserve, and this is where language gets kind of funny, is what you can produce with today's technology at today's price. Price changes, reserves change.

It's pretty accurate. My organization did those studies for 20 years, and others have too. But we did that resource estimates of all the big shale basins at UT Austin, Bureau of Economic Geology. You can estimate what's in place. The reserve, and this is where language gets kind of funny, is what you can produce with today's technology at today's price. Price changes, reserves change.

You know, I can produce more at a higher price. The price goes down. So the reserves change. And then you got your production. Of all those tanks, those resources, we've only produced about 5%. in those 20 years. There's 95% still down there. It's hard to get out.

You know, I can produce more at a higher price. The price goes down. So the reserves change. And then you got your production. Of all those tanks, those resources, we've only produced about 5%. in those 20 years. There's 95% still down there. It's hard to get out.

You know, I can produce more at a higher price. The price goes down. So the reserves change. And then you got your production. Of all those tanks, those resources, we've only produced about 5%. in those 20 years. There's 95% still down there. It's hard to get out.

I do, I do, yeah. Yeah, so all those basins added up in the US is about 500 billion barrels equivalent. That's a lot, big numbers. The oil sands in Alberta, I don't know those numbers precisely, but they're big numbers, too. They're in that range, but very hard to get out.

I do, I do, yeah. Yeah, so all those basins added up in the US is about 500 billion barrels equivalent. That's a lot, big numbers. The oil sands in Alberta, I don't know those numbers precisely, but they're big numbers, too. They're in that range, but very hard to get out.

I do, I do, yeah. Yeah, so all those basins added up in the US is about 500 billion barrels equivalent. That's a lot, big numbers. The oil sands in Alberta, I don't know those numbers precisely, but they're big numbers, too. They're in that range, but very hard to get out.

Completely different technology. Our first film, Switch.

Completely different technology. Our first film, Switch.