Let's behonest, it's very, veryhighandit's kindof a bigproblemlikesomanythingsduringthepandemicproductionofoilandgasplummetedbecauseyouknow, suddenlynobodywasdrivinganywherefor a fewmonthsbackthereandthenhardlydrivingforalmost a year, yearand a half.
Pleaseadviseasmuchas I thinkwewouldalllove a moltenriveroflavasidehome, geothermalheatmeansdrillingdownintothegroundandtappingintotheenergyoftheearth.
Theearthisnaturallyhoteverywhere, basicallytheyactuallydrillintotheearthmuchliketheydofordrillingforoilandgasandthehotwatercomesupandcreatesteamthatcandrive a turbineandgenerateelectricityatPrinceCSO V askshowdoeselectricitygettothegridandthensiphonedofftoallthehomesandbuildingstotheendconsumer, thegridisoftendescribedasthebiggestmanmademachineontheplanet.
Whatitactuallyisis a giantelectricalcircuitandit's literally a bunchofwiresconnecting a powersourceandit's circulatingaroundyoucanimagineeachoftheselittlestationsis a homeor a businessor a factoryoranythingthatneedselectricity.
Ifyouclosethecircuitbreakeranditcreates a loopthatletsalltheseelectronsstartcirculatingthroughthis, whichiselectricity.
A lotofthatequipmentisoftenwhat's calledstepdowntransformersthattakethepowerfromthemassivegridthatactuallyrunsat a differentpowerlevelandbringbreaksitdownto a lowerpowerlevelforyourneighborhoodandit's allonegiantloopthathastoalwaysstayconnected.
Thegridiswaycleanerthanitwasevenfiveor 10 yearsago, electricmotorsaresomuchmoreefficient, youwillburnwaylessgasorcoalupstreamtogetenoughelectricitytopower a carthanyoudo.
Ifyou'retryingtoactuallyexplodegasolinerightinyourcarinordertogetenoughpowertodriveatCannesareStewartasks, texasproducesalmosttwobillionbarrelsofoil a day, whydoTexanshavetopaysomuchfortheirgas?
Soitis a reallyhardquestionabouttheroleofgovernmentinsociety.
Atjohnlouis 19 to 1 to 130 asks, howistheStrategicOilReservegoingtobereplenishedtheStrategicPetroleumReserve?
Thisis a hugeamountofoilthatisstoredin a seriesofcavernsundergroundinLouisianaandtexasthatyourDepartmentofEnergyownsandmanagesas a strategicreservebasicallyincaseofemergency, theaveragecavernisdeeperthantheEmpireStateBuildingistall.
There's literallyanmillionbarrels a daycomingoutofStrategicPetroleumReserveinanefforttobringgaspricesdown.
Sowedoneedtoreplenishit.
There's a coupleofdifferentwaysyoucandoit.
Onethingiswedoselltheoilwhenwereleaseitfromthereserveandsothegovernmentisgettingrevenuefromsellingallthatoilwouldlovetoturnaroundandusesomeofthatrevenuetobuymoreoiloncepricesareniceandlowagain, whichwillhopefullybe a daythatcomessoonerratherthanlatertofilltheoilbackupdependingonhowallthatplaysoutthewayourfundingworksisthateveryyearCongressliterallygivethedepartmentofEnergyenoughmoneyforitsannualoperations, includingmoneytogooutandbuymoreoilifthat's whatweneedtodoatrigchickasksNa B.
LikepeoplehaveheardaboutChernobyl, a massivenuclearaccident, FukushimainJapanjust a fewyearsagoin a tsunamihad a similarproblemwherethenuclearreactorwentintodisastermode.
SoatKingsley 54 to 7 to 009 askson a seriousnote, whatisnaturalgas?
So, umimaginelike a swampwith a bunchoflikedecomposingplantandanimalmatterinit, millionsofyearsofsedimentaccumulating, pushingallthatstuffdownintotheearthasthatmatterdecays.
AnelectriccurrentIsliterallyjustelectronsmovingthrough a chargedelectricalfieldinside a conductorlike a wireatRichard 93783516 Asksthoughtoftheday, cananyonetellmewhytheuseofourriversforgreenenergy?
Likeyouhearaboutgristmillswereliterallythewateristurning a giantthingthat's likegrindingflouroranythingelsethatneedsgrinding.
Whydon't wetalkaboutitmoretoday.
Sonumberone, a lotofusdotalkaboutit a lot.
It's still a verycommonlyusedelectricitysource.
I thinkabout 10% ofourelectricitycacomesfromhydropower.
Ofour 20% totalthatisrenewable, about 10% halfofitishydropowerandtheygeneratehugeamountsofelectricity.
Whatyoudoinmostcasesyoubuild a damthatliterallyblockstheriverandthesethingsthatjustspinwhentheyspin, theygenerateelectricityanditgoesdownstreamafteritgoesthroughtheturbines.
SoweneedmoregridatPelhamFallasks, I dowonderwhatthemacroeconomicimpactswouldbeof a completephaseoutofyouusinggasolineforvehicleslikewhatdoesopecdoafterthat?
Theparisaccordswere a hugeepichistoricdealliterallyatthispoint, everycountryispartof a globalagreementtotackleglobalwarmingandhowwe'regoingtoreduceemissionsandtheneverycountryhastosubmititsownplanforthespecificstepsthatwe'regonnataketodoit.
SotheUShas a wholeplanforthisanditbreaksitdownbyeverypartyeconomy.