Shane and I start with a lengthy and informative discussion about saturation diving, a technique that allows humans to operate in deep water for weeks at a time. This technique is often a part of off-shore oil drilling and production and is one of the many reasons that there are high costs associated with that method of oil production.
We talked about the geopolitics of energy and the reasonable notion that energy producers and energy consumers have different views about energy security. We try to help each other figure out why security of demand is so important and why major oil companies often assume prices well below current prices in the models that they use to determine their investment strategies. In other words, they are logically reluctant to add capacity too quickly or to add capacity that has too high of a marginal cost.
There was not really much in this show directly related to atomic energy, but all energy topics have some interrelations so we hope you enjoy it anyway.
Podcast: Play in new window | Download (Duration: 47:07 — 16.2MB)
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