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89. Oil & Gas Masterclass: How to Evaluate Energy Investments - Part 1

Invest Like a Billionaire

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The Origins of the Oil and Gas Industry

The natural gas industry, particularly for natural gas interstate pipelines, started not too far away from this spot out in Loospere, Kansas. And so it can be anywhere from, you know, three, four thousand feet down to 30,000 feet and obviously the offshore six miles. The way that you suck the oil or natural gas out is just how much is there. So these are very tight plays. It's really just oily rock. Well, yeah, it's not like clampits where you go out shooting and oil comes popping out of the ground. That's typically not at works. Right people would scratch their head when they were drilling through shales but they could never get

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