Valuetainment - Nuclear Energy - Why the Oil Industry Hates & Fears it

00:00:00.000 There's a little secret the oil industry has been trying to keep away from you, but we're

00:00:03.360 going to try to expose it here today.

00:00:04.640 This is a dangerous video.

00:00:05.700 You'll see why.

00:00:06.180 Let me tell you why.

00:00:06.680 Because the oil and gas industry is a $7 trillion industry.

00:00:10.280 There's so many people that have their hands in them making money like, guys, we can't

00:00:13.360 tell everybody that there's another way that Finland just did something.

00:00:16.060 They saved power and energy for their consumers by 75%.

00:00:19.140 We can't have the rest of the world to know about this because what if all of a sudden

00:00:22.060 this goes from a $7 trillion industry to $1.8 trillion?

00:00:25.280 We cannot do that.

00:00:26.200 In that industry, the source they're worried about is nuclear energy, nuclear plants.

00:00:30.480 So what they do is they hire lobbyists, $124 million in 2022, and nuclear only spent $1.56

00:00:36.880 million.

00:00:37.540 So they've got a lot of powerful people protecting them.

00:00:39.340 And they'll come out and say things like this, nuclear plant?

00:00:41.960 What do you think about when you think about the world war nuclear?

00:00:45.560 Explosion.

00:00:46.580 World War III.

00:00:48.160 Security.

00:00:48.700 People dying.

00:00:50.260 Radiation.

00:00:50.800 This is horrible.

00:00:51.560 This is why what happened to Fukushima and Chernobyl.

00:00:54.580 This is why we have to protect the people.

00:00:56.600 But then if you think about the oil industry, if it does get disrupted, what region of the

00:01:01.440 world would get plummeted?

00:01:03.400 The Middle East.

00:01:04.240 It's not as if it is already chaotic.

00:01:06.300 Saudi Arabia relies on oil.

00:01:09.020 You take that out, would the Middle East get even more chaotic? 0.86

00:01:12.260 Would some of the powerful people in the U.S. that are in the oil industry get more chaotic?

00:01:16.380 That's pretty scary.

00:01:17.600 So they obviously have more leverage.

00:01:18.860 But let me tell you what just happened in Finland.

00:01:20.180 The newest nuclear reactor in Europe and the biggest buy capacity started producing electricity

00:01:24.860 in Finland earlier this year.

00:01:26.720 Olkiluoto 3, which has completed test production and is now regularly producing electricity,

00:01:31.600 is expected to account for 30% of Finland's power generation.

00:01:35.240 The plant operator TVO says.

00:01:37.120 After the startup of Olkiluoto 3, power prices in Finland, ready?

00:01:41.980 Saw a 75% plunge between December 2022 and April of 2023.

00:01:48.200 It's expected to produce electricity for the next 60 years.

00:01:52.520 You think the people in the oil industry want to know this?

00:01:54.740 No.

00:01:55.060 You know what we're going to do today?

00:01:56.080 We're going to overcome all the objections they give us.

00:01:58.260 Accidents, security, cost, sustainability.

00:02:01.140 And then we're going to show you a wall they built, concrete wall at this nuclear plant.

00:02:06.060 And they got this jet to fly into it.

00:02:08.840 Explosion to see how protected these places are.

00:02:11.940 And you'll be able to be the judge of that yourself.

00:02:14.240 But having said that, we're going to talk about this crazy topic of nuclear energy today.

00:02:27.700 Okay, so if you give value out of this video, give it a thumbs up and subscribe to the channel.

00:02:31.300 Let's get right into it.

00:02:32.300 Nuclear is cheaper and cleaner.

00:02:34.680 Take a look at the CO2 emissions avoided by the U.S. power industry.

00:02:38.620 According to the U.S. Department of Energy, you would look at nuclear all the way to the left,

00:02:43.140 cleanest, then it's wind, then it's hydropower, then it's solar, then it's geothermal.

00:02:47.560 But if this is the case, why do we not get more plants and more people talking about building this?

00:02:53.340 There's got to be a reason for this.

00:02:55.100 Let's talk about it.

00:02:56.180 So when you think about capacity factor, which is the electrical energy output over a given period of time,

00:03:01.580 a plant with a capacity factor of 100% means it's producing power all the time.

00:03:07.920 What plant do you think has the highest capacity factor?

00:03:11.240 I'm assuming you took the guess and it's the right guess.

00:03:14.300 Ready?

00:03:14.560 Take a look at this.

00:03:15.460 Nuclear, number one, 92.7%.

00:03:18.460 Then it's geothermal.

00:03:19.800 Then it's natural gas.

00:03:20.880 Then it's other gas.

00:03:21.880 Then it's other biomass.

00:03:23.040 Then it's wood, coal, hydroelectric.

00:03:24.980 Then it's wind, solar, solar, natural gas, internal combustion, natural gas, steam, turbine.

00:03:30.080 Then it's petroleum, which by the way, is 13.2%.

00:03:32.760 Guess which one we use the most in America?

00:03:34.820 That one right there, petroleum.

00:03:36.160 Then it's natural gas turbine.

00:03:37.600 Then it's pump, storage, battery.

00:03:39.080 Then you can look at the other two.

00:03:40.020 Take a look at this chart on the next page, what America uses the most.

00:03:43.160 The number one most use of energy in America we use is petroleum, then natural gas, then

00:03:49.440 renewable energy, which is solar and wind, then coal, then last place, nuclear, electric,

00:03:56.320 power, only 8% of the time.

00:03:58.920 Let's unpack to see how much money the government spends in regards to energy in fossil, renewable,

00:04:03.440 and nuclear.

00:04:03.980 When you look at fossil fuel, the government spends the most money on fossil fuel, which

00:04:07.460 accounts for about 60% of its total energy spending.

00:04:10.280 The majority of the spending goes to support the production and transportation of oil and

00:04:14.620 gas.

00:04:15.020 The key word there is what?

00:04:16.120 Goes to support the production.

00:04:18.220 The production.

00:04:19.000 They're producing actual for transportation of oil and gas.

00:04:22.820 Producing, not testing.

00:04:24.260 Renewable energy, the U.S.

00:04:25.420 government spends about 22% of its total spending on this.

00:04:27.780 This money is used to support the development and deployment of renewable energy technologies

00:04:32.760 such as solar, wind, and biomass, which again, we see a lot of that across the country.

00:04:37.600 But look at nuclear energy.

00:04:38.880 The U.S.

00:04:39.260 government spends about 18% of its total energy on this.

00:04:41.600 This money is used to support the construction and operation of nuclear plants.

00:04:47.500 Construction and operation of nuclear plants.

00:04:49.780 We don't know how much of it is R&D, how much of it is actually doing the work.

00:04:54.560 So when you unpack that, here's what you'll notice.

00:04:56.500 The money allocated towards a nuclear energy is spent on the following ways.

00:04:59.900 Number one, R&D.

00:05:00.940 The U.S.

00:05:01.300 Department of Energy funds research and development on new nuclear technologies such as smaller

00:05:05.800 modular reactors and advanced nuclear fuel cycles, which is great.

00:05:09.520 We need to constantly be doing R&D.

00:05:10.800 Number two, licensing and regulation.

00:05:12.680 The DOE and the Nuclear Regulatory Commissions, NRC, are responsible for licensing and regulating

00:05:17.320 nuclear power plants.

00:05:18.680 This includes activities such as reviewing plan designs, conducting safety inspections, and

00:05:23.080 issuing operating licenses.

00:05:24.740 Again, fine, sometimes licenses they can be holding back and they delay giving it to you,

00:05:29.300 but we need to do that as well.

00:05:30.520 Three, waste disposal.

00:05:31.900 The DOE is responsible for managing the disposable high-level nuclear waste.

00:05:35.240 This includes activities such as developing waste disposal technologies, conducting research

00:05:39.100 on the waste disposal sites, and managing waste storage facilities.

00:05:43.180 Again, we need that.

00:05:43.860 And last but not least, security, the DOE and the Department of Homeland Security are responsible

00:05:47.940 for the security of nuclear power plants.

00:05:49.800 This includes activities such as conducting security assessments, providing security training,

00:05:54.180 and responding to security threats.

00:05:56.160 So now let's go a little bit deeper about nuclear power in the U.S.

00:05:58.560 The U.S. is the world's largest producer of nuclear power, accounting for more than 30% of

00:06:03.200 worldwide nuclear generation of electricity.

00:06:05.180 The country's nuclear reactor produced 843 kilowatts per hour in 2019.

00:06:09.860 That's about 19% of total electric output.

00:06:12.060 So I want to show you these two charts in order for a reason, because something happened

00:06:15.360 in 1986.

00:06:16.120 Take a look at this.

00:06:16.880 Nuclear energy production, the nation's leading non-fossil fuel energy since 1984, has remained

00:06:22.120 flat for the two decades.

00:06:23.460 Solar and wind energy are grown.

00:06:24.700 So if you look at this to the right, you'll notice pink is nuclear.

00:06:28.220 Look how it was skyrocketing, but it stayed flat for two.

00:06:32.020 Then look at how solar and wind has gone up.

00:06:34.060 Solar is green, all the way to the right, and purple is wind, all the way to the right.

00:06:37.920 And then you'll see everything else is kind of flat.

00:06:39.640 Nuclear was flat, but why did it slow down all of a sudden?

00:06:42.140 This next chart I want you to look at, this one shows the operable nuclear power capacity.

00:06:46.420 The more plants we build, the more power we have.

00:06:49.920 And if you notice this chart, what question would you ask looking at this chart?

00:06:53.460 Maybe the question is, why did it all of a sudden stop in 1986?

00:06:57.200 Well, because in April of 26, 1986, is where the Chernobyl disaster happened in Ukrainian

00:07:03.880 SSR.

00:07:04.880 This is on the border of Belarusian SSR.

00:07:07.440 Again, in the Soviet Union, it is one of only two nuclear energy accidents rated at seven.

00:07:12.720 The maximum severity on the international nuclear event scale, the other being the 2011 Fukushima

00:07:17.500 nuclear accident in Japan.

00:07:19.220 The initial response and subsequent migration effort involved more than 500,000 personnel,

00:07:24.000 cost an estimated 18 billion rubles, roughly $68 million in 2019 money.

00:07:29.640 And this scared the hell out of everybody and said, wait a minute, pump your brakes.

00:07:33.040 This is pretty dangerous.

00:07:34.120 We don't want to touch this.

00:07:35.520 And then it's slow down.

00:07:36.220 Now watch this.

00:07:36.720 In the US, when you look at nuclear plants, here's what you'll notice.

00:07:39.280 We have 92 reactors, 53 plants, 28 states, roughly 475,000 well-paying, sustainable, direct

00:07:47.060 and indirect jobs in the nuclear industry.

00:07:49.340 93% capacity factor in the US for nuclear plants as of 2021.

00:07:54.580 I can give you a bunch of different data that validates this is the direction we ought

00:07:58.580 to go.

00:07:59.060 But there are some concerns.

00:08:00.280 Now watch.

00:08:00.900 When did we build a lot of these plants?

00:08:02.820 What are the dates?

00:08:03.700 Here's what it shows.

00:08:04.580 So this list shows the last 35 that have been built.

00:08:07.460 If you notice, most of them were built in the 80s and the 90s.

00:08:10.820 Clinton Power Station Units 1 and 2, 89-91.

00:08:13.580 Grand Gulf Nuclear Station, 89.

00:08:15.840 Catawba Nuclear Station Units 1 and 2, 89-91.

00:08:18.800 Edwin I Hatch Nuclear Plants Unit 1 and 2, 89-90.

00:08:22.620 Perry Nuclear Power Plant, 87.

00:08:24.580 And then again, you can go through all this.

00:08:25.960 85-89, 83-89, 82.

00:08:28.480 2014-2016.

00:08:30.100 Texas, 2016.

00:08:31.640 Then there's one that's in the projects right now.

00:08:33.600 Then there's a couple right now that's in the process in 2023.

00:08:36.200 But you notice, we've kind of slowed down after that because there was a major concern

00:08:40.800 of what could possibly happen.

00:08:42.560 Meanwhile, investment in two areas, wind and solar, has skyrocketed.

00:08:46.240 Take a look at this chart here.

00:08:47.320 From 2010, what do you notice?

00:08:49.640 Look at solar installations in U.S.

00:08:52.400 Look at the utility.

00:08:53.500 Blue.

00:08:54.180 Yellow.

00:08:54.820 Non-residential.

00:08:55.660 Blue.

00:08:56.340 Residential.

00:08:56.820 Even if you go on this next chart here for wind, investment in U.S.

00:08:59.800 Go from 1986.

00:09:01.860 Chernobyl happens. 0.67

00:09:02.860 Look what happens all of a sudden.

00:09:03.980 This drops a little bit.

00:09:04.900 Then next thing you know, all we're doing is making investment.

00:09:07.260 And then from 2010, it skyrockets all the way up to where it's at today.

00:09:11.380 Wind technologies.

00:09:12.320 The U.S.

00:09:12.680 Department of Energy has allocated $132 million in fiscal year 2023 funds for wind energy technologies.

00:09:19.200 And by the way, you would think maybe the U.S.

00:09:20.860 government is interested in wanting to find out a little bit more about this.

00:09:23.540 Well, take a look at this.

00:09:24.280 In 2021 under Biden, $480 billion of stimulus spending was available for clean energy, of

00:09:29.800 which only $8.8 billion went towards nuclear energy.

00:09:34.240 Some of you may be watching and saying, Pat, I'm not trying to get into the nuclear business.

00:09:37.200 Why are we doing this video?

00:09:38.100 Do you want to get into the saving business?

00:09:39.640 Because this could be applying to you.

00:09:41.120 Your family may be interested in this.

00:09:42.740 Your mom, your dad, your wife, your husband.

00:09:45.180 People may be interested in this.

00:09:46.180 Take a look at this.

00:09:46.740 Household electricity prices worldwide in September of 2022.

00:09:50.040 This is last year.

00:09:51.200 Denmark is the highest.

00:09:52.160 You think people in Denmark want that to be lower?

00:09:54.140 How about Italy?

00:09:54.980 How about Germany?

00:09:55.820 How about Belgium?

00:09:56.480 How about Lithuania?

00:09:57.360 How about Netherlands?

00:09:58.200 Finland just dropped because this is reported in September.

00:10:01.100 They launched that in November.

00:10:02.420 It dropped 75% two months after this report comes out.

00:10:05.540 Then you got UK.

00:10:06.680 So Finland was one of the most expensive.

00:10:08.940 It's now one of the lowest, if not the lowest.

00:10:10.980 Spain, Japan, Peru, Rwanda, France, and then it's US.

00:10:13.960 US is one of the top 8% most expensive electricity in the world.

00:10:18.140 Would we want to see that be slightly less?

00:10:21.200 Now, the way I work is in business and sales is you choose all the top objections and then

00:10:25.580 you figure out where to overcome every single objection.

00:10:27.580 We've done that.

00:10:28.100 We got five objections for you.

00:10:29.400 The arguments against nuclear energy.

00:10:31.300 First one is nuclear waste.

00:10:32.560 Second one is accidents.

00:10:33.660 Third one is security.

00:10:34.380 Fourth one is cost.

00:10:35.280 And last one is sustainability.

00:10:36.160 Let's start off with nuclear waste.

00:10:38.320 Nuclear power plants produce radioactive waste, which can be dangerous to human health and

00:10:42.960 the environment.

00:10:44.160 The counter to that is used nuclear fuel rods are stored safely and securely at reactor

00:10:50.080 and storage sites around the country, either in enclosed or steel-lined concrete pools filled

00:10:55.740 with water or in steel-reinforced concrete containers.

00:10:58.520 The US Nuclear Regulatory Commission has determined that it is technically feasible to continue

00:11:03.100 to store used nuclear fuel safely at power plant sites or consolidated interim storage facilities

00:11:09.140 for an indefinite period.

00:11:11.280 Second objection.

00:11:12.360 The accidents.

00:11:13.260 Do we want another accident like this to happen?

00:11:15.420 So, nuclear power plants are susceptible to accidents which can have catastrophic consequences.

00:11:20.000 The Chernobyl disaster in 1986, you know how many people died?

00:11:22.700 Thirty-one.

00:11:23.440 Thirty-one too many, but it's thirty-one.

00:11:25.280 It's not fifteen thousand.

00:11:26.580 It's not five thousand.

00:11:27.460 It's thirty-one.

00:11:28.080 The Fukushima in 2011.

00:11:29.560 How many people do you think died in 2011?

00:11:31.480 One person.

00:11:32.360 By the way, according to ourworldindata.org, only one death has been attributed to the

00:11:37.260 disaster.

00:11:37.940 This includes both the direct impact of the accident, because some people will say, what

00:11:41.140 about radiation?

00:11:42.140 No.

00:11:42.320 This is both the direct impact and the radiation exposure that followed.

00:11:45.880 However, it's estimated that several thousands died indirectly from the stress and disruption

00:11:50.080 of evacuation.

00:11:51.660 Now, non-fatal injuries, you got six with cancer or leukemia, thirty-seven with physical injuries,

00:11:56.980 two workers taken to the hospital with radiation burns.

00:11:59.660 Again, one is too many, but when you hear about this number, you think about it was so bad

00:12:05.520 that so many tens of thousands of people died from it.

00:12:08.420 They did not.

00:12:09.000 However, let's counter it.

00:12:09.900 In the U.S., nuclear power plants are constructed in such a way that they are essentially invulnerable

00:12:14.540 to external assault, even by a hijacked aircraft.

00:12:17.740 The reactor building is made of reinforced concrete, and the reactor vessel holding the

00:12:21.920 fuel is made of steel more than a foot thick.

00:12:24.280 Furthermore, the fuel itself is encased in a solid metal alloy that is difficult to breach.

00:12:29.200 All the equipment and the piping are ruggedly constructed, and any equipment not located in

00:12:33.880 the reactor building is housed in areas that are also strongly built.

00:12:37.880 To give you an idea how tough the material is, Sandy National Laboratories in 1988 crashed

00:12:42.860 an F-4 phantom jet into the same sort of reinforced concrete that is used to construct nuclear power

00:12:48.880 plants.

00:12:49.460 The result, the jet was destroyed into millions of pieces, and the concrete was more or less

00:12:55.260 fine.

00:12:55.800 The worst scar was less than two and a half inches deep.

00:12:59.060 And in 2002, the Electric Power Research Institute, EPRI, undertook an advanced computer modeling

00:13:05.180 study to determine if nuclear power plants could withstand the impact of an aircraft crash similar

00:13:10.300 to the terrorist attacks on September 11, 2001.

00:13:13.140 The Boeing 767 was selected as the crash aircraft in the study because it weighs more substantial

00:13:19.880 than almost all commercial jet airliners flown in the U.S.

00:13:23.160 The study concluded that none of the parts of the Boeing 767, including the engine, fuselage,

00:13:28.940 wings, or even jet fuel, could enter the containment building or any other sensitive areas, like

00:13:33.860 the used fuel storage pool.

00:13:35.580 This means that in the ultimate catastrophic event, an airline crash or missile strike, a

00:13:40.880 nuclear plant would not leak radiation.

00:13:44.700 Next is security.

00:13:45.860 What if all of a sudden somebody, you know, terrorists want to attack it and, you know, they target

00:13:49.600 it based on from the top, they blow it up.

00:13:51.620 Well, here's a counter.

00:13:53.200 Most U.S. nuclear power plants are surrounded by large rural areas, making it relatively

00:13:57.880 simple to detect intruders.

00:13:59.960 All of them are surrounded by outer perimeter fences equipped with sensors.

00:14:04.280 The first stage of security is the owner-controlled area.

00:14:06.760 Since the nation's nuclear plant went on high alert after 9-11, the security in these fenced

00:14:10.960 external areas has been augmented by increased patrols and tighter access to the site.

00:14:15.640 The second stage of security, which is protected area around plant buildings, is surrounded

00:14:20.180 by double fences and access is strictly limited.

00:14:22.520 The third stage is vital area of containment building, which is heavily guarded and sealed

00:14:27.120 off to all but those with specific access authorization.

00:14:30.440 Nuclear power plant security plans have always been formulated to secure the facility against

00:14:34.900 well-armed, violent, and possibly suicidal shooters.

00:14:37.360 Worst-case scenarios have planned for also include vehicle entering and delivering explosives.

00:14:41.780 As events unfold around the world, security planners adjust accordingly.

00:14:45.200 Employees are also scrutinized.

00:14:46.740 Background investigators and personal evaluation systems are part of any nuclear power plant's

00:14:51.420 safety and security planning.

00:14:52.880 Plant personnel must be deemed fit for duty before they are allowed access to the protected

00:14:57.620 area.

00:14:58.380 Their psychological and physical conditions are constantly monitored and they are randomly

00:15:02.780 tested for drug or alcohol use.

00:15:04.840 Cost.

00:15:05.180 This one's actually a very valid concern because it's not cheap.

00:15:07.420 Nuclear power plants are very expensive to build, making them less cost competitive than solar

00:15:13.000 and wind power.

00:15:13.880 Counter, nuclear fuel is extremely dense.

00:15:17.460 It's about 1 million times greater than that of other traditional energy sources.

00:15:21.700 And because of this, the amount of used nuclear fuel is not as big as you might think.

00:15:26.420 All of the used nuclear fuel produced by the U.S. nuclear energy industry over the last

00:15:30.300 60 years could fit on a football field at a depth of less than 10 yards.

00:15:34.400 That waste can also be reprocessed and recycled, although the U.S. does not currently do this.

00:15:39.460 However, some advanced reactors designed, being developed, could operate on used fuel.

00:15:44.180 And by the way, the oil people win in this specific argument with cost because the average

00:15:48.260 power plant, nuclear power plant, takes around $4 to $9 billion to build and the operating

00:15:53.080 cost every year is roughly $150 to $200 million.

00:15:55.640 Great.

00:15:55.960 Now you have it.

00:15:56.460 Now go make money.

00:15:57.180 What are you going to do now?

00:15:57.980 Who are you going to sell it to now?

00:15:58.980 What kind of money are you going to make?

00:15:59.840 If they can make the incentive for it that high, then it's a formidable industry to be a part

00:16:05.580 of.

00:16:05.700 If it's just savings, they still have to figure out a way to make money.

00:16:08.720 So that's where oil wins to attract the capitalists that are willing to do this to make the money.

00:16:14.180 That's why capitalism works.

00:16:15.740 Unless if government does it and asks you and I, the taxpayer, to pay for it and say,

00:16:19.060 look, whether you're lucky or not, you got to do it, then that's a different story.

00:16:21.600 And last but not least, sustainability.

00:16:23.100 Nuclear power is not a sustainable form of energy as the uranium used in nuclear fuel

00:16:28.140 is a finite resource.

00:16:29.860 Once uranium reserves are depleted, nuclear power will no longer be a viable option.

00:16:35.540 That's what the argument is.

00:16:36.580 The counter, a typical 1,000 megawatt nuclear facility in the U.S. needs a little more than

00:16:41.540 one square mile to operate.

00:16:43.440 NEI says wind farms require 360 times more land area to produce the same amount of electricity

00:16:50.020 and solar photovoltaic plants require 75 times more space.

00:16:55.040 To put it in perspective, you would need more than 3 million solar plants to produce the same

00:16:59.080 amount of power as a typical commercial reactor or more than 430 wind turbines, capacity factor

00:17:06.400 not included.

00:17:07.420 So the U.S. Department of Energy made this chart, which is actually pretty good.

00:17:10.540 It says, how much power does a nuclear reactor produce?

00:17:13.000 The equivalent of 3.125 million PV panels, solar panels, or 431 utility scale wind turbines,

00:17:20.520 or 100 million LED bulbs, or roughly 1.3 million horses, or 2,000 Corvette Z06s.

00:17:27.060 You want more perspective?

00:17:28.160 Take a look at this one here.

00:17:29.140 That one uranium pellet you're looking at, that looks like a female hand that that one lady 1.00

00:17:33.520 is holding, an inch tall, is the same as 17,000 cubic feet of natural gas, 120 gallons of

00:17:41.360 oil, and a ton of coal.

00:17:43.780 So that's why people are talking about, we may want to consider going to nuclear energy.

00:17:49.560 So look, there's a couple of thoughts of me when I'm thinking about this.

00:17:51.760 One is my logical, one is my skeptical.

00:17:53.460 The logical thought is, okay, they don't want to do this because of safety, security costs.

00:17:57.040 They're making some investment, but not yet.

00:17:59.300 You know, maybe it's not that advanced yet.

00:18:01.000 Chernobyl happened, they're scared.

00:18:02.200 We don't want to be the next one that explodes, and we're going to have to put up with this.

00:18:04.680 No president wants a nuclear plant explosion under your watch.

00:18:08.360 You're not going to get reelected, and you're going to have to deal with this.

00:18:10.480 So people may be not doing it because of that reason, selfish reasons.

00:18:13.360 They're afraid of what media is going to say.

00:18:14.800 But let me give you the other side.

00:18:15.780 So there's many people worldwide right now that are making money, young 20-year-olds, 18-year-olds,

00:18:20.620 16-year-old kids, that reach out to influencers, and they'll say, let me make your short clips.

00:18:25.540 And they'll message people and say, we'll make your short reels like Valuetainment Style,

00:18:29.540 or Such and Such Style, or This Person Style, and we're going to make you get millions of views.

00:18:33.300 And people are like, oh my God, that's great.

00:18:34.320 How do you do it?

00:18:34.860 Well, we take a lot of time, but it's 25 bucks a reel.

00:18:37.340 And you're like, okay, no problem.

00:18:38.340 Go ahead, here you go.

00:18:39.200 And the next thing you know, there's an app on AI.

00:18:41.580 You know what it does?

00:18:42.160 You put a two-hour podcast, a three-hour podcast in it.

00:18:46.060 This software independently spits out the top 10 most viral clips to go viral, put the captions,

00:18:55.980 puts the face, does all the editing, and the description on what to put in it.

00:19:00.940 So you literally copy, paste, upload the video, boom, it goes out.

00:19:04.340 And AI already told you, this is the most likely video to go viral.

00:19:09.040 Wait, what just happened there?

00:19:10.160 All these other guys that are making, doing this app that they don't want anybody else to know,

00:19:14.620 and they're doing this for 20 other people, they're making 20, 30 grand a month.

00:19:17.260 Do you think they want the talent to know that this technology exists?

00:19:21.660 No, they don't want them to know that because you just cost them money.

00:19:23.820 The same thing happens with these oil people, $7 trillion industry,

00:19:28.100 where according to Forbes, every 10 out of 22 billionaire on the Forbes 400 list has ties to oil money.

00:19:35.200 You think they're going to want that?

00:19:36.280 No, they're not going to want that.

00:19:37.960 But disruption happens in many industries.

00:19:40.700 I've been on it where I've capitalized off of it.

00:19:43.300 I've been on it where I took a hit from it in insurance industry and other things I've been a part of.

00:19:47.800 It's coming.

00:19:48.780 It's just a matter of when.

00:19:50.280 But when you got lobbyists for oil spending $125 million in 2022 and you got only $1.56 million for nuclear energy,

00:19:59.860 it's very, very hard to beat those other lobbyists who have much more money, much more power players,

00:20:05.380 with bigger congressman contacts and senators and presidents on their speed dial to say,

00:20:10.140 no, you can't do that.

00:20:11.020 If you want money from me for your campaign, you cannot be supporting this.

00:20:14.160 Oh, OK.

00:20:14.940 No, no, we weren't going to do that.

00:20:16.400 Do you see how that kind of works out?

00:20:17.460 And by the way, what I'm talking to you right now, a lot of this is on the right side.

00:20:21.180 Republicans are not going to be happy about this.

00:20:22.720 We're like, what are you talking about?

00:20:24.000 This is what you should be talking about.

00:20:25.480 But disruption is coming.

00:20:26.900 And when disruption is coming, disruption doesn't care if you're a Christian, if you're a Muslim, 0.88

00:20:30.980 if you're a Republican, if you're a Democrat, if you're a white, black, Hispanic, Middle Eastern, Asian,

00:20:36.300 college degree, no college degree.

00:20:37.880 Disruption has this much sympathy for you.

00:20:40.220 Zero.

00:20:40.860 It did it to newspapers.

00:20:42.240 It did it to TVs.

00:20:43.520 It did it to phones.

00:20:44.580 It's doing it to computers.

00:20:46.080 It's done it in many different industries.

00:20:47.940 And it's not stopping today, even if you're a $7 trillion industry.

00:20:54.420 Having said that, if you enjoyed this video, give it a thumbs up and subscribe to the channel.

00:20:59.180 If you want to watch two other videos similar to this, there's one called Vertical Farm.

00:21:02.640 And if you've never watched, I'm fascinated by this industry.

00:21:05.000 Click here to watch it.

00:21:05.840 And if you want to know, some may say the most powerful man in the oil industry, number

00:21:10.060 one, most powerful man in the oil industry, MBS.

00:21:12.400 If you don't know a lot about the crown prince of Saudi Arabia, MBS, click here to watch that.

00:21:18.580 Take care, everybody.

00:21:19.320 Bye-bye, bye-bye.

Valuetainment - December 12, 2023

Nuclear Energy - Why the Oil Industry Hates & Fears it

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