Scott Tinker

They put in carbon dioxide, ironically, CO2 floods. And you can, it changes the way the oil and the rock interact. It's called wettability and releases more oil. So there's these enhanced, but you're putting something kind of, it costs money, just like the bolted on coal. It's expensive. So I'm putting money in the ground to get more oil out.

I can always get more oil out, but I don't always get more money out. So the things you put in have to be cheaper than the value of the oil that you produce.

I can always get more oil out, but I don't always get more money out. So the things you put in have to be cheaper than the value of the oil that you produce.

I can always get more oil out, but I don't always get more money out. So the things you put in have to be cheaper than the value of the oil that you produce.

We don't run out of commodities. Why? something better comes along. You described it. The supply demand economics kick in and we say, well, holy crap. We'll switch. Let's invent something better. And there we go.

We don't run out of commodities. Why? something better comes along. You described it. The supply demand economics kick in and we say, well, holy crap. We'll switch. Let's invent something better. And there we go.

We don't run out of commodities. Why? something better comes along. You described it. The supply demand economics kick in and we say, well, holy crap. We'll switch. Let's invent something better. And there we go.

Incredibly complicated. And you see the technological uses of these things with energy always changing. I was riding over here today and there's this autonomous car just driving along with us, you know, and so... you don't run out of oil, it becomes too expensive. And back to what we talked about earlier, we start using it for those things that only it can uniquely do. Yeah, right.

Incredibly complicated. And you see the technological uses of these things with energy always changing. I was riding over here today and there's this autonomous car just driving along with us, you know, and so... you don't run out of oil, it becomes too expensive. And back to what we talked about earlier, we start using it for those things that only it can uniquely do. Yeah, right.

Incredibly complicated. And you see the technological uses of these things with energy always changing. I was riding over here today and there's this autonomous car just driving along with us, you know, and so... you don't run out of oil, it becomes too expensive. And back to what we talked about earlier, we start using it for those things that only it can uniquely do. Yeah, right.

Instead of transportation and burning it, Well, maybe we use hybrids or maybe we use fuel cells, hydrogen. There's a lot of hydrogen in the world. You gotta make it, you gotta split the water.

Instead of transportation and burning it, Well, maybe we use hybrids or maybe we use fuel cells, hydrogen. There's a lot of hydrogen in the world. You gotta make it, you gotta split the water.

Instead of transportation and burning it, Well, maybe we use hybrids or maybe we use fuel cells, hydrogen. There's a lot of hydrogen in the world. You gotta make it, you gotta split the water.

You take nuclear, you can split the water molecule, hydrolysis essentially, you can split the methane molecule easier, energetically cheaper, and that's called steam reforming. So I'd make hydrogen and I can put it in a fuel cell and drive my cars. So this will, it's economics. Which one's more affordable today? There's optionality out there in the future. We're not gonna run out of oil.

You take nuclear, you can split the water molecule, hydrolysis essentially, you can split the methane molecule easier, energetically cheaper, and that's called steam reforming. So I'd make hydrogen and I can put it in a fuel cell and drive my cars. So this will, it's economics. Which one's more affordable today? There's optionality out there in the future. We're not gonna run out of oil.

You take nuclear, you can split the water molecule, hydrolysis essentially, you can split the methane molecule easier, energetically cheaper, and that's called steam reforming. So I'd make hydrogen and I can put it in a fuel cell and drive my cars. So this will, it's economics. Which one's more affordable today? There's optionality out there in the future. We're not gonna run out of oil.

And I haven't even talked about one important source of, two important source of natural gas. One is called hydrates. I don't know if you've heard of natural gas.

And I haven't even talked about one important source of, two important source of natural gas. One is called hydrates. I don't know if you've heard of natural gas.

And I haven't even talked about one important source of, two important source of natural gas. One is called hydrates. I don't know if you've heard of natural gas.

Oceanic and permafrost. You're freezing, they're called clathrates, you're freezing gas molecules. And you're not freezing molecules, you're locking them up in ice. In the deep ocean floor, because it's cold and pressure and dark, and in the permafrost, there's a plethora of methane locked up in ice. They're called hydrates. I don't know if you've heard of them.