The How, Why, and How Much of Oil

The video explores the global consumption of oil, the concept of peak oil, and the formation of oil and natural gas. It delves into conventional and unconventional methods of oil extraction, including drilling, fracking, and mining oil sands. The challenges of finding and extracting oil are discussed, along with the need for alternative energy sources as oil becomes harder to obtain.

What is the significance of the Eagle Ford and Bakken formations in the context of US oil production?

Explain the method of fracking and how it is used to extract oil.

What challenges do oil companies face when trying to extract heavy oil from tar sands?