The US shale revolution is on track to produce twenty-one million barrels a day. This is one-fifth of the worlds production.
The speaker is all about expanding hydrocarbon consumption and increasing return for investors. He affects an interest in nuclear to make the exploitation of everyone else and profit for he and his tribe more palatable.
He warns that environmental concerns are a serious concern to a stable revenue stream for investors but with ENOUGH TORT they can be overcome.
1:01:42 The word 'tort' was changed in the closed caption to 'talk' so if a transcript is generated there will not be an issue. There was no way the software could have mistaken 'tort' for 'talk'.
It was a fix.
Motherfucker gave himself away.
* I listened to all of it. If you take the speaker at his word he understands that capitalism will price oil $1.00 above the price that would cause a recession. Priced at this level oil produces the most profit. I hesitate to go down this path as I want less oil used. I advocate for Carbon Fee and Dividend. But by the speakers own words, capitalism will not price oil at a socially correct level. And I'll say, if the speaker is really concerned about long term stability to develop the complex infrastructure needed to get to the new supplies he claims. Nationalization of the resource is the way to go. Worldwide.
If feel like playing the ACP commercial again but I'll spare you. I'll just watch it myself this time. After watching all of this video I need to.