Offshore Oil and Hurricanes' Impact on Energy || Peter Zeihan

[@winewoman224]

I watch Peters videos to get what is currently important in the news. The sunglass fashion choice is a bonus.

[@HolyDonutify]

Seriously, I want those. Has he ever mentioned what brand he's wearing?

[@AlexKaehler-qc8kd]

Waiting for the Peter video from Olympus Mons. The video will likely be about the intricacies of the peanut trade.

[@nicholasmaude6906]

LOL😁🤣😂! What about a video from Scott Base in Antarctica on the trade of bananas😉😁.

[@zibbitybibbitybop]

I would unironically watch a video of him talking about the peanut trade, even if it's only 30 seconds long. 😂

[@nicholasmaude6906]

@@zibbitybibbitybop Perhaps talking about it with Jimmy Carter😉😁.

[@john_in_phoenix]

It would be about Boeing being ready for a second man manned flight of Starliner.

[@michaelplunkett8059]

​@@john_in_phoenixOne way tickets 1/2 fare!

[@pgpete]

You need to get one of those Rode clip-on mics.

[@swampwiz]

Hey Pete, I was a Hurricane Katrina diaspore living in Arvada for a while (loved that $229 season pass at Copper!), so this topic has me even more interested than I usually am with your content. I've been back in Louisiana since then, and am about to build the strongest house I can possibly can (Certified Fortified, Gold Tier), at a place that is at currently at about the 120 mph contour. What I wonder is all the talk of putting offshore windmills in the Gulf, but can they be built to survive 180-mph Cat-6 storms (yes, we will see a new super-category) that are in our future? As for offshore oil, obviously you know that it is a sunset industry, with the oil companies determining that it's no longer worth the full life-cycle cost - and only keeping the existing rigs going as they slowly sip out the oil there. Oh, and when are you going to do a video on the exploding pagers? :)

[@chocomalk]

The insurance market is only strong when they don't have to pay out, when they actually have to do their job, it's always an issue.

[@mariomenezes1153]

Technically true, but it depends on their actuarial calculations. Just like your automobile and life insurance. Their bet is that, based on their calculations, they get more in premiums than they have to pay out. If any unforeseen event happens, calculation is turned on its head. They could alternatively charge extra high premiums all the time to cover for such catastrophic damage but that would hurt us even more. We have to remember that they are a business and not a charity. And when their calculation is incorrect, the "extra high premium" comes into effect to keep their business going.

[@jakeaurod]

It's not a "job", it's a "bet".

[@chocomalk]

@@mariomenezes1153 Yeah I know but there is a thing called earthquake insurance and during the 1993 earthquake in LA, a lot of people did not get paid. The whole premise of an earthquake is catastrophe.

[@wherdgo]

F×ck insurance scams

[@wherdgo]

​@@mariomenezes1153There's the apologist. I won't lose any sleep over their lost profits

[@mailmusic]

that last statement is great news.

[@bunnymud1972]

It wasn't that bad of a hurricane. It was no Ida.

[@dennisclapp7527]

Thanks Peter

[@luminyam6145]

Thank you.

[@TJ-dx1ws]

Insurance costs aren't going up because hurricanes are bigger and stronger (they're not), but because so many people are now living where they hit. Eg, the worst decade for hurricanes in FL was the 1930's, but today more people live within the city limits of Miami (technically MetroDade) than lived in the entire state back then. Over in TX, the 1910 floods literally joined the Colorado and Brazos rivers outside Houston into a single 30-mile wide flow. But only about 250K people lived in metro Houston then, versus about 7.35M today.

[@thomaspepper2201]

It apears you don't buy as me, the ""climate fear"" which only pushes the Greem New Deal of futur polution to be blamed on Joe 6 pack intern just hobble us.

[@pappy4075]

Really enjoy your stylings. PLEASE PLEASE what brand and style are your shades

[@kenergixllc527]

US has always been a refined product exporter. Francine wasn't that big a deal and likely next to zero damage offshore. 56-and above API crude is technically condensate. Refineries reduced capacity in LA on the Mississippi, but never shutdown. Yes, some people had damage but Francine was another overhyped storm

[@RD-jc2eu]

Hmm... I don't know about the national level news outlets, but the storm was never overhyped at the local level. The expected strength level of the storm was always predicted to be exactly what it turned out to be and, for people that have lived on the Louisiana coast for a while, they know what to expect from a storm of that level.

[@garyshan7239]

and what happens when a hurricane hits the TX LA coast Peter... they shut down the refineries which means it creates a fuel/endproduct shortage which the oil companies will expliot in terms of higher prices

[@chrisschaefer3863]

Yeah, but what about the Strategic Sunglass Stockpile? I want an episode on that!!!

[@TedBoland]

I'm in Port Arthur, and Francine was a fart in a whirlwind.

[@clsanchez77]

Im in New Orleans. It was more of a big wet fart for us

[@dannycalley7777]

@@clsanchez77 C77 ............that officially makes it a SHARTER !!!!!

[@stevencole7331]

What is more interesting is a hurricane season that was predicted to be above normal and it appears to be far below normal .

[@trojanthedog]

​@stevencole7331 It will still be reported as ominous signs of the increasingly deadly effects of - pause for music- Dangerous Man Made Global Warming!

[@clsanchez77]

@@stevencole7331 yep, they got it right again. If you pay attention long enough, you will see that every year will be the most active year ever. Kind of like how this is always the most important election ever.

[@lindawightman1007]

ty

[@ee.kv2022]

Finally, one can clearly see the cameraman ...

[@calebwigfield2707]

How do I sign up for webinar?

[@dennissalisbury496]

Oil reserves are essentially "money in the bank" that can be resourced whenever market conditions make it economically viable; no oil company is going to overproduce to drive the price of oil down, they will only maintain the status quo or take advantage of increasing prices.

[@markgigiel2722]

I thought we were short refining capacity to even meet our own needs. Most of our refineries are extremely old and we haven't built new ones due to cost and environmental regulations.

[@sadurniacoustics8985]

I just learned about the “zombie” wells, can you comment on them and the relationship between fracking and aquifers please.

[@aint_just_whistlin_dixie]

Love your videos, but you really need to get a wind screen for your mic. Interestingly, there are ones for your phone sold on Amazon that look like those Russian fur hats that we saw Soviet leaders wearing all the time during the Cold War...

[@clarencebennett3624]

Great video on energy production and why the Gulf of Mexico crude production does not have the importance it used to have. Curious if the memories of Deep Water Horizon still linger in the minds of the folks in that area, I stand up for hydraulic fracking over Deep Water drilling the risk outweighs the gain. Oh great view in the background thanks Peter

[@timwhiting6721]

If seas are rising , why are wealthy folks building mansions on the beach ?

[@jakeaurod]

May as well ask "If wealthy people are mortal why are they building mansions on the beach"?

[@theblackdog2399]

I mean, it's weird. He believes junk science. Yet he is supposed to be some sort of harbinger.

[@steven4315]

Jeff Bezos just spent $150 million to buy two houses on the beach. While that sounds like a lot of money, it's only about 1% of his net worth. It's like me buying a used Chevy Cruze.

[@LewisPulsipher]

Less than very wealthy people are also building homes on the beach. It's human foolishness, really, at least here in Florida. "Oh, that'll never happen to my house." Sure.

[@gordonspears6320]

Simple: because wealthy seaside property owners are subsidized by the rest of us (FEMA)

[@psulak02]

I have drilled plenty of oil and gas Wells in the Barnett shale eagle Ford shale and the Permian basin . Most of these wells get refracted about every 6 to 8 months I will be long and dead in these wheels will still be producing by getting refract 😅

[@nbahn]

Is the term to be used for Gulf of Mexico producers *"swing producer"* ? I know that the Texas Railroad Commission used to issue orders about how much oil could be produced; and thus the entirety of Texas was a *"swing producer."*

[@michaelhurchalla2100]

Agreed😊😊

[@davidmontgomery-scott7086]

With all that production and the ease with which we can recover from weather events, why are energy costs up across the US?

[@patrick383ironworker]

Logistics affected by weather

[@helenkessler6012]

No winter is coming so they jack prices for profit. Nat gas is currently -.27 per million.

[@jakeaurod]

Production and use may be local, but markets are global.

[@gordonspears6320]

@@davidmontgomery-scott7086 Gas prices aren't up. I filled up my car's gas tank Sunday and regular gas was under $3/gallon. Inflation is also not up.

[@davidmontgomery-scott7086]

@@gordonspears6320, you are right that gas prices are down for the last two weeks. That isn’t the norm however and, like all else, they are up since 2021. Even at their current low, it’s up 33% in Texas.

[@hizacaine]

Energy isn't the economic issue that Helene is raising. Quartz Silica is.

[@waynesmith-h5f]

That,s why energy should have a fix cost with 5% profit.......

[@kadourimdou43]

Is the reduction of interest rates in the USA, a bad sign?

[@JermanGila13]

Does that mean North Shore production is also less important to exports and national security then?

[@KoolAideIsMyPronoun]

Where have the sea levels risen? Just curious

[@jeanlamb5026]

Miami Beach can't keep salt water out of their drinking water systems because of sea levels. There are also a couple of islands off the coast of Louisiana which...aren't there any more. The Maldives will be gone in a decade, if not sooner.

[@KoolAideIsMyPronoun]

@@jeanlamb5026 mmmm

[@bwbw3647]

There is a difference between subsidence and erosion and rising sea levels

[@jeanlamb5026]

@@bwbw3647 And rising sea levels *never* exacerbate subsidence and erosion, no never! I get it, actual measurements are fake news.

[@RD-jc2eu]

@@bwbw3647 Subsidence and erosion are part of it, but levels have risen significantly in the Gulf of Mexico basin on an absolute basis as well.

[@glenndower2513]

4,000,000 bbl/day...of refined product...exported!!!!...incredible!!!!

[@The_Foil]

r.i.p audio

[@waynemasters8673]

Rip soundman lighting direction continuity girl

[@williamhenszlein5032]

Good to hear someone admit that hydrocarbons will be around for at least a couple more generations. Until there are serious tech advances in green energy, hydrocarbons are here to stay.

[@theforsakeen177]

what about nuclear? no pollution and most of the fuel can be recycled so you are almost independent of any exporter.

[@staciej2580]

Nuclear seems too risky to me...

[@jakeaurod]

The problem isn't hydrocarbons, it's _fossil_ hydrocarbons.

[@theblackdog2399]

There won't be a green energy? There won't be a need for a green energy. It's a leftwing pipe dream, in any event.

[@theblackdog2399]

@@staciej2580In this day and age? Why?

[@CrapKerouac]

Is peter the world's most interesting man?

[@zapfanzapfan]

Where in the world is Peter today 🙂

[@TomsWhip]

I need those sunglasses. What are they?

[@jakeaurod]

Decades ago, people used to complain about the US being reliant on foreign petroleum and that the US should "drill, baby, drill." I told them that not drilling now, means that when the rest of the world runs out, the US would still have massive supplies and would remain on top. With production elsewhere in the world ramping down, perhaps we are now in the endgame.

[@jacobschindler2513]

😂😂😂😂😂😂😂 we have extracted less than .01% of our oil in the last 100 years.

[@jakeaurod]

@@jacobschindler2513 The problems isn't the existence of fossil hydrocarbons, it's the accessibility and cost of extraction.

[@jacobschindler2513]

@@jakeaurod they are super accessible and we extract them more efficiently and cost effectively than anyone else.

[@gordonspears6320]

​@@jacobschindler2513 The easily accessed petrolem has already been extracted. The vast quantity remaining is increasingly difficult to access. That's why 'gushers' dont happen any more, and we now have to search in deep water and in oil shale and oil sands. Much of the remaining petroleum reserves cannot be economically extracted, and will likely remain in the ground forever.

[@jacobschindler2513]

@@gordonspears6320 Buddy we can turn all hydrocarbons into all other hydrocarbons very cheaply we can turn coal into gas cheaper than the Saudi can turn diesel into gas.

[@Everfrost1000]

I remember the STRATFOR days, back before the long hair and beard.

[@HimitsuHunter]

Greetings from Barbados!

[@Hawtload]

"in an era of rising sea levels" can you show me on ellis island where the sea level has risen even 1mm over the last 400 years?

[@RD-jc2eu]

Levels have risen significantly in the Gulf of Mexico basin.

[@danielwnorowski2553]

Is there any downside here, or all blue skies? Seems too good.

[@RicBentley]

There is an election coming up, so….

[@zibbitybibbitybop]

This particular bit has no downside. Our oil/gas resources are simply more robust than in the past by being mostly inland.

[@staciej2580]

Global warming.

[@Modernyoda123]

Too much wind in the audio

[@tomlauritzen9522]

But with all that our gas prices are still high......

[@trojanthedog]

Rising sea levels. Where are these magical beaches swallowed by rising waters?

[@daniellarson3068]

You can't see them. They are underwater. The global warming thing hits the Arctic and Antarctic first.

[@RD-jc2eu]

Levels have risen significantly in the Gulf of Mexico basin.

[@More_Row]

Why do you purposely film in windy locations. You love that

[@joeysocks5718]

Interesting!

[@mikitz]

Looks like Peter has long arms.

[@jimthain8777]

Hurricanes are the least of the oil industry's worries right now. Oil consumption in CHINA, (remember them?) has slumped to the tune of about 10%. "Why is this a big deal?" I hear people ask. Well, China is the planet's largest importer of oil, and oil products, so any sort of slowdown in their demand is a serious blow to the industry. You're the strategist, so tell us the ramifications of a serious drop in oil demand at a time of increasing production.

[@JD..........]

I'm no strategist but if you'll have me, energy demand worldwide should see a steady climb over the long term. Expect temporary shocks as we struggle to survive modernity.

[@Mylifebehindthecamera]

Further I also know the Chinese are switching where they import oil from including land oil pipelines! They are lowering oil consumption at the same time, question now is why is us production of refined petroleum (gas) increasing to the top position globally at a time like now?

[@zibbitybibbitybop]

They already get most of their oil from the Middle East, it won't affect us nearly as much as the Saudis.

[@Alexadria205]

I'd expect lower gas prices, but corporate greed would never allow that. Notice every time oil goes up in price, so do gas prices. But when oil prices go down, gas prices stay the same. And when the quarter is done these oil companies report record profits.

[@clarencebennett3624]

The main culprit is the lack of refineries to produce more gasoline, diesel and ​home heating oil. As more and more drivers of ICE vehicles fill out highways we need more fuel to support the demand. As demand increases and supply low aha price increases, to fix it increase supply but not possible when you're at Mac capacity and no one wants a new fuel refinery in their neighborhood just as the folks in Palo Alto.@@Alexadria205

[@mecbonk]

Thx!

[@MartinJacobs-el1fs]

Will commercial real estate bankrupt the financial sector?

[@daxdadog]

I wish you cared a little more about your audio quality.

[@RicBentley]

I feel like I’m getting my money’s worth from Peter’s podcasts

[@daxdadog]

@@RicBentley I'm not complaining about the cost, just the audio quality.

[@galenolmsted1709]

The fracking the US had to do to get to the point where we can export so much oil won't last long. 3 of 5 large fields are in decline already.

[@Art-is-craft]

That’s what you want to happen but it is not reality.

[@galenolmsted1709]

@@Art-is-craft I guess we'll see.

[@Art-is-craft]

@@galenolmsted1709 The US has about 80 years of economic oil that can be exported. Worse case scenario US 40 years of economic supply.

[@galenolmsted1709]

​@@Art-is-craft Like I said, we will see. Those numbers are generated in terms of finance and economics. If you do it with thermodynamic models, different outcomes emerge.

[@everythingisfine9988]

*Barbados Slim!*

[@JD..........]

Energy is one place where PZ is in his element. This felt fresh and real. I'm not alone in thinking we don't need his opinions on social media.

[@fleshreap]

What are your thoughts on Pakistan re: oil discoveries?

[@jimthain8777]

Too little, too late.

[@calvinhosworld]

Traveling the world, giving lectures on world politics, and creating a YT channel ONLY for the obvious SOLE purpose of showing off your sunglass collection game is wild.

[@benjaminholm2311]

What about Trump assassination attempt #2?

[@Will-xk4nm]

Trump "quick change the media cycle away from my failures" event #2.

[@benjaminholm2311]

@@Will-xk4nm That's an insane statement but not surprising.

[@21972012145525]

I want to learn how you combat jet lag

[@AlexKaehler-qc8kd]

Peter is AI.

[@door1479]

Green screen

[@charleshill7184]

There's a reason you almost never see Peter without his sunglasses.

[@mnkybndit]

He walks it off

[@JD..........]

Melatonin, he's said it on many podcasts. More aptly, he's type A personality. He can probably work 10 days easily.

[@annehersey9895]

Does this mean we get to remove all the ugly dangerous off shore rigs from the gulf of Mexico and let the Caribbean return to its original inhabitants?

[@Myrune1]

I'm a bit bummed that you didn't blame Trump for something this morning.

[@maverick7291]

Lol

[@jasonbeary8427]

I wonder if Peter know we can see what is in front of him when he wears mirrored sunglasses?

[@Jason-fm4my]

I like Barbados. Prepare to eat fish Peter.

[@RicBentley]

The fresh swordfish in Miami Beach, Barbados is fantastic

[@davidgarb1561]

Rising sea levels? That's funny.

[@ogukuo97]

Has anyone else realized that Zeihan just deliver statements all the time without real evidence and reasoning, and deliver them in a laconic way to disguise that lack of analysis? And when you look back at much of those statements, you realized that he got them wrong or in not precise enough a timeline to really be helpful?

[@13Rising]

You know, sometimes a voice over is necessary.

[@fredludlow5184]

Peter, please be scientific when talking about scientific matters. Fact Check: the ocean level is not raising. Some land areas are experiencing compression due to various sources, often water table depletion. Storm rate and intensity is not increasing either. The amount of property damage is increasing because we have more infrastructure, “stuff” that gets damaged and the cost of the damage is always increasing due to inflation.

[@elibennett3034]

Who do you think is buying your bs?

[@porkyfedwell]

Don't argue factoids.

[@larrycox7169]

When the elites flee the coasts, I'll believe the rising seas bs.

[@unelectedleader6494]

Happy Moon Festival, Peter. The Politburo Standing Committee Yours, Xi Daddi

[@dcc70]

The image stabilization on your handheld smartphone selfie video is impressive

[@emilottis3119]

🇩🇪.. GERMANY 1930s > STUDY !! ..🇩🇪

[@damianmcnamara8032]

The insurance market is not concerned with Francine, and she was a fairly normal hurricane both in regards to intensity and damage. Hurricanes are NOT gaining in intensity, that is just some modelling bullsh~t. All the predictions for this season have been wrong (again, what is it, 5 years running now), so can we all just relax. the only reason there are concerns, is becuase of the higher values of assets in the path of fairly normal hurricanes.

[@Will-xk4nm]

The intensity, frequency, and duration of North Atlantic hurricanes, as well as the frequency of the strongest hurricanes, have all increased since the early 1980s.

[@Brent-z2s]

Right now the only new drilling in the Gulf is a few deep water wells but the Gulf has been counted out before. In the 90 s the oil companies where calling it the dead sea.

[@Flyingjaffacake]

I love your videos but PLEASE FIX YOUR SOUND DEAR GOD WHY

[@BPB9973952]

It’s the wind

[@Flyingjaffacake]

@@BPB9973952 whatever it is, it's been a long-standing issue on his videos. Like I said they're great information and I appreciate him making them... but why he can't pack a 50g mic with a windscreen to avoid sometimes incomprehensible audio is beyond me.

[@PaulHobus]

He's also using a mic. It is what it is

[@uprebel5150]

Chill, it’s not that bad.

[@MiguelRomero-wr5pc]

Dear God is crazy . Relax focus on the information

[@daniellarson3068]

Nice glasses - beautiful background - Peak oil? Resources are finite. Oil does the global warming thing. If production increases, this finite polluting resource will have less years to make fat cats rich. Those of us on the bottom should demand a shift to hybrid electric cars and nuclear power. Ground based geothermal energy and heat can also help us out.

[@jeanlamb5026]

Oregon Institute of Technology is now off the grid with a combination of solar and geothermal. Downtown Klamath sidewalks have geothermal under at least some of them, so less snow shoveling.

[@TimothyGasser]

Got 20 seconds into it and Peter already went beyond his area of expertise with rising sea levels and stronger hurricanes. Yes sea levels are rising. The estimated global average is 2.2 mm/yr. Though that's sort of a manufactured number as SLR is a local not global phenomenon. As for tropical cyclones (hurricanes) getting strong - no evidence in the data. That claim comes from modeling where the models show more intense storms. Model output is not data.

[@gordonspears6320]

@@TimothyGasser All of the earth's seas are connected, so it is not a local problem.

[@i6power30]

Don't forget the EV transition especially in China where over 50% new car sales are EV now. They also have the world largest solar and wind farms and retiring many coal plants. Oil demand from China will never rise again but still decline gradually over time

[@michaelgill1301]

You can't make plastic and other such out of solar and wind.

[@i6power30]

@@michaelgill1301 I agree.. I'm not calling for complete elimination of fossil fuel. But the need will be greatly reduced.

[@gordonspears6320]

China is actively building more coal-fired electrical generating plants.

[@bwbw3647]

CNN and NPR have reported that China is constructing new coal power plants at a rate of 2 per week. Pretty sure that increases the total number of coal plants in China despite any outdated plants they may take offline.

[@i6power30]

@@bwbw3647 These new coal plants are for manufacturing and far away from urban areas. Air quality in the cities have improved drastically.. With the way global economy is decoupling from China, rhese new coal plants may not even be operational most of time as factories don't have demands to export all these goods.

[@lumtavon1952]

Solar starts to eat gas/crude volumes. Perfect for us customers as overcharging will be the past soon. And forget about coal for electricity as that dirty stuff gets kick after kick, especially in China. If battery production ramps further the fosil fuel output will accelerate only faster. Thank you Elon for this disruption.

[@yoyoleafs2237]

Did he just say "rising sea levels"...

[@larrycox7169]

And larger hurricanes???

[@theblackdog2399]

Yes. He sure did. Yet, we are supposed to believe he is a harbinger of the future.

[@Will-xk4nm]

@@theblackdog2399 You guys don't actually have better data or understanding than NOAA. You are embarrassing yourselves.

[@yoyoleafs2237]

I'm just happy he's recognizing climate change

[@owenlewis2497]

⁠@@theblackdog2399states must just building sea walls for shits and giggles

[@klaasvakie]

Mr. Zero-Credibility is at it again!

[@GaryStark]

It’s weird that Peter talks about the consequences of climate change like sea level rise, yet has nothing to say about addressing the causes of climate change, that being the burning of fossil fuels.

[@alexc6926]

Because you still need energy. Wether it’s shale, gas, nuclear, geothermal, wind, solar. Even if us went all EVs it’s good because less affected by price swings not going to save or stop ice level melt. You do that like the Dutch do prepare, build, and adapt. It’s not in the interest of the us to subsidize global trade, free loans to ungrateful developing countries, peace with enemies so the world gets to no fossil fuel faster

[@alexc6926]

The US is going to have green energy where it needs and works with its interest. It doesn’t care about the Congo or India or China using solar

[@kennyt6982]

Where is there sea level rise above the long term average? Are the Maldives underwater yet?

[@lazyfig5367]

Excellent point glad somebody else is thinking and actually looking at reality around them!

[@LewisPulsipher]

The sea level is certainly rising on Florida's coast. The state government, some years ago, told all state employees that they weren't allowed to plan for it (because that would indicate some belief that climate change is occurring, and Republicans are idiots).

[@gordonspears6320]

@@kennyt6982 Heres a link to the actual measured sea level data. climate.nasa.gov/vital-signs/sea-level/?intent=121 Sea level is easily measured and has been for more than a century, and the evidence is clear that sea level is rising.

[@gordonspears6320]

@@kennyt6982 Yes, sea level is up. Here is the actual data: climate.nasa.gov/vital-signs/sea-level/?intent=121

[@gordonspears6320]

@@kennyt6982 Sea level has been rising globally since at least 1900. climate.nasa.gov/vital-signs/sea-level/?intent=121

[@patrickmcardle4771]

If its American, its over hype. 😂

[@Yoyoyo927]

The sound in these videos are getting worse

[@giftedterror4251]

I can’t wait till I get my teleportation device

[@johngault8688]

Peter needs a windsock.

[@Stash186]

... is a windsock

[@PaulHobus]

He's using a directional mic with a dead cat on it. You can see in the reflection of his glasses in this one

[@rexzietsman]

Are sea levels really rising? Yes glacial ice is melting but the higher temperature in the atmosphere allows more water vapour in the air...

[@jakeaurod]

Have you done the math on that?

[@gordonspears6320]

@@rexzietsman Here is the actual sea level data. It is clear and unambiguous. climate.nasa.gov/vital-signs/sea-level/?intent=121

[@RD-jc2eu]

Levels have risen significantly in the Gulf of Mexico basin.

[@allenshepard7992]

Net exporter. So why did President Biden drain the Strategic petroleum Reserve to its loweest levels since 1980 ?? Glad to hear about natural gas. The A,I. and data centerrevolution is going to need tens of megawatts. Think Gigawatts of power. That may be replaced by better equipment so do not take the graph out more than ten years.

[@porkyfedwell]

Future generations needing oil? I thought we were being told by the Democrats that petroleum will be phased out by 2035?

[@Jack_Redview]

I had better audio playing halo 2 back in 09

[@staciej2580]

Can the next generation afford to continue using oil and gas as energy sources? Isn't this what's causing an increase in all of these storms? Let's be real, what's our future like if we continue using the fossil fuels that are heating our planet and destroying the future for the generations to come?

[@helenkessler6012]

The govt in Saudi did cloud seeding for rain sucked it out of Africa where the storms form into the Atlantic. Hence no big named storms. Germany and France been seeding clouds in the Atlantic as of last week.

[@staciej2580]

@@helenkessler6012 Meaning global warming is no longer a problem? I'm not sure I get your point here. Hurricanes are only one part of the problem here...

[@JohnOConnor-g7i]

With all this oil, crude and refined product, why is "drill baby drill" still a campaign topic. We seem to be set if I am hearing him correctly. BTW, just filled up my car for $2.95/gallon in the high tax state of Connecticut. Drove past Costco and its $2.89/gallon. Also, on an inflation adjusted basis, gas really hasn't broken the bank over the past 10 to 15 years.

[@clsanchez77]

Gas prices will always go up and down, but over time, slightly more up than down. So if you build campaign slogans around gas prices, it will generally resonate over time. I also remember when I could fill my LTD with gas at $1.78/gallon, so there is always the people who don’t understand the time value of money. 😂

[@apextroll]

Simply because the, "drill baby drill" and gas was cheap during covid arguments are not directed at people who watch content like this.

[@CooldadFLHTCUI]

Thankfully nothing political

[@alexc6926]

Why don’t you unsubscribe and find your valued politicos elsewhere. So emotional for the so called stoic rational voter. Zeihan a bush senior Republican he doesn’t care about social media, he doesn’t care about your vibes and feelings only geopolitics. Most of the rational people do also but go on and push your dollar devaluation, dumb 10% tariffs on everyone, no income tax policies. You do not live in the modern world of fiat currency and proper industrial policies. Your too emotional

[@hectorprx]

Albert Holer Homer

[@IloveDoubleD]

Hard to believe that storms have to be explained.

[@TraderRobin]

PLEASE STOP TRYING TO ASSASSINATE Trump, we are going to NEED his assistance.... ......to help us get Kamala elected!!

[@emptyfish8992]

Somehow gas prices are still super high. Why are gas prices in NV still over $4?

[@TexasRiverRat31254]

Because your gas comes from Cali where it's a "special" formula that costs more to produce. Plus you don't have any refineries so you're stuck with whatever you can get. Buy a Prius and stop complaining!

[@gordonspears6320]

@@emptyfish8992 I just filled my tank in Florida and gas was less than $3/gallon

[@emptyfish8992]

@@TexasRiverRat31254 Which year do you recommend?

[@johnnyel]

You lost me at "rising sea levels: and climate fear-porn,

[@michaeldowson6988]

The US IS reliant on the Canadian electricity grid. Keep that in mind when considering EVs and all the cordless knick-knacks you own.

[@joshuatree9358]

A close ally that's dependent on us for defense and trade has energy integration with us. How is this a problem?

[@michaeldowson6988]

@@joshuatree9358 Who do you suppose is interested in invading Canada? Who even has the wherewithal? Weaponry is nothing without a workable strategy, or the US would totally own the Middle East.