In this episode of the Kid Investor podcast, host Jared Macliver interviews Gary, an oil and gas investor, who shares insights into the oil and gas industry, investment strategies, tax advantages, and the importance of understanding the economic aspects of wells. Gary explains the differences between upstream, midstream, and downstream operations, and how they relate to real estate investing. He discusses the quick payback periods and potential returns on investment, as well as the liquidity and equity considerations in oil and gas investments. The conversation concludes with personal insights and the importance of planning adventures in life.