in the world right so matt simmons' twilight the desert and talking about peak oil and that was a theme 10 years ago we made a film about it shortly there after the whole fracking boom took off and you don't hear about pick on oil anymore however 2 things number one fracking is net negative it's cash flow negative it's also energy negative takes more energy goes in that comes out takes more cash that goes in the comes out number one so that's a bust that's not true that's a canard so you get back to the peak oil thing and back to matt simmons book so the saudi oil reserves the field being the world's largest sis the idea that that actually is close to depletion or the cost of getting on extracting is prohibitive that where are we on that scale of things was a new windows but if you read. the book through the moon the amount of water that they have to pump in the good this would film and then the water out to get back to oil as the minutes so i think we're closer most people think that it couldn't agree more through a very eloquent what was that about for record i'm not a fan of for goin

that's a bust that's not true that's a canard so you get back to the peak oil thing and back to matt simmons book so the saudi oil reserves that galois or fail being the world's largest says the idea that that actually is close to depletion or the cost of getting on extracting is is prohibitive that where are we on that scale of things was a new windows but if you read that has sure you probably read the book putting them in the amount of water that they have to pump in the get this willy film and then take the water out to get back to oil as the minutes so i think we're closer most people think i couldn't agree more thank you very eloquently said about for record i'm not a fan of frank i'm not a fish i'm a friend of true capitalism which you can fly and rarely but if you are producing the last in every barrel of oil or gas or good of the fracking system that why do you continue. i don't really know the answer was that my cheap money yeah right ok that cheap money is being enabled by repeated action of all the laws of supply and . man decides on capitalism a side of economics it's it's a cli