Extracting Black Gold | History of Oil

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  • Опубликовано: 31 янв 2025

Комментарии • 2,2 тыс.

  • @KnowingBetter
    @KnowingBetter  4 года назад +798

    Survey Link - forms.gle/HeExuLRwCrC3pKMB6

    • @couldntcroptheimage4775
      @couldntcroptheimage4775 4 года назад +12

      K

    • @dhribbler7303
      @dhribbler7303 4 года назад +5

      @KnowingBetter About Teflon though Adam Ragusea has made an interesting video on how much the risk from Teflon pans has been greatly exaggerated. I could be wrong here, but just wanted to put it out there.

    • @Jesse_Carl
      @Jesse_Carl 4 года назад +11

      @@dhribbler7303 Yeah I was just looking on the American Cancer Society website and it says that Teflon is not considered to be extremely dangerous. I could totally believe that studies have been bought out by the petroleum companies, and that it is actually dangerous, but I would like to see some evidence for this further than KB just stating it as fact

    • @xbzq
      @xbzq 4 года назад +4

      The graph indicates: Twice the fossil fuel usage, twice the percentage of people with water or sanitation. So if now we have 80,000 Kcal fuel per person per day and 65% of people have sanitation, then if we double the fuel use to 160,000 Kcal per person per day, then 130% (!!!!!) of people will have sanitation! We'll be in a global state of sanitation supersaturation, where more people will have access to sanitation than there are people. This will be a new time of scientific enlightenment. Even if we take away all sanitation from all people, 30% of people will still have sanitation. And if everyone on earth should die, we'd still have 30% of people left alive. It boggles the mind!

    • @gabrielrussell5531
      @gabrielrussell5531 4 года назад +2

      Will we have an option to state our dissatisfaction with the static transition noise? It's a recent addition, and it's really jarring.

  • @tsarbutterfly663
    @tsarbutterfly663 4 года назад +1373

    When KB said “reasons that shall not be named”, he obviously implies The Backstreet Boys 2020 Reunion World Tour-

    • @JanneSala
      @JanneSala 4 года назад +19

      GG, huh

    • @thetruephoenixful
      @thetruephoenixful 4 года назад +30

      Ah I see you're a man of taste as well

    • @patrickbrannen3120
      @patrickbrannen3120 4 года назад +4

      No dragons dragon rush

    • @macgp44
      @macgp44 4 года назад +1

      Marshall Lee is now an involuntary guest of Guantanamo. Let this be a lesson for anyone considering the publication of top secret information. Carry on.

    • @BigWheel.
      @BigWheel. 4 года назад +1

      AINT NOTHING BUT A HEART ACHE

  • @donalny
    @donalny 4 года назад +2468

    "manifesting his own destiny" He'll go blind if he keeps doing that.

    • @chipskylark5500
      @chipskylark5500 4 года назад +34

      Hairy palms

    • @999YCM
      @999YCM 4 года назад +17

      Hey-O!

    • @jasonbelstone3427
      @jasonbelstone3427 4 года назад +22

      I'm pretty sure God has something to say about that. Repent.

    • @Vanalovan
      @Vanalovan 4 года назад +14

      I’m pretty sure he’s manifesting his posterity’s destiny

    • @mr.pavone9719
      @mr.pavone9719 4 года назад +32

      I've manifested my own destiny every morning for 35 years and I've yet to experience any problems.

  • @dipie197
    @dipie197 4 года назад +2275

    I've been seeing a rise in quality and consistency lately, keep it up

    • @brand0lakes
      @brand0lakes 4 года назад +60

      Seriously, I don't think I was ever around to see a creator progress like this.

    • @LoganLS0
      @LoganLS0 4 года назад +29

      That's because of fossil fuels.

    • @donalny
      @donalny 4 года назад +42

      He trained the ferrets to edit his videos.

    • @danescott2188
      @danescott2188 4 года назад +7

      And it didn't even take a thousand ferrets at a thousand editing laptops for a thousand years...

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад +2

      @@danescott2188 Fueled ferrets wood, I mean would

  • @jeremyquentin42
    @jeremyquentin42 3 года назад +700

    "We can't expect developing countries to skip from A to Z when we've spent the last 150 years burning through the alphabet."
    Beautiful.

    • @gelinrefira
      @gelinrefira 3 года назад +39

      Yup, he said it. There is another fact that they really don't want you to see, that is the historical total carbon output by Europe and US far outstrip everyone else with only China, Japan and India in the next few places. Per capita historical total emission is also tremendously high in the west. Which means we are settled with environmental debts, loans that we have taken out from a finite pot from the natural carbon cycle ability to process carbon. Now we want everyone else to reduce their carbon emission because we have already tapped out the carbon allowances. Is it really so surprising that developing countries is telling us to go pound sand?

    • @robbietorkelsonn8509
      @robbietorkelsonn8509 3 года назад +3

      @@gelinrefira there are only two possible outcomes:
      - the west will perish without a fight
      - the west will invade the developing countries first in order to plant it full of trees and still don't have enough to offset carbon emmissions ... and then perish
      In the end the west will not be able to destroy the developping countries completely (just like they have been unable to completely eradicate the navajo indians) meaning that after the apocalypse, the west will perish and the dark skinned people will continue

    • @xaviar10
      @xaviar10 2 года назад

      @@robbietorkelsonn8509 or the third option where the environment collapses and we all die

    • @timjholzer
      @timjholzer 2 года назад +21

      We should be helping them, but no country wants to help another one. Also, as a first world country, we should be taking much more drastic steps towards sustainability. But that just gets you laughed at in America.

    • @RemoWilliams1227
      @RemoWilliams1227 Год назад +4

      ​@@timjholzer well you wouldn't want to deny someone a gas guzzling SUV would ya? Jk I'm with you.

  • @spv420
    @spv420 4 года назад +403

    alex's face looks like he is perpetually surprised, terrified, and furious.

  • @erikawhelan4673
    @erikawhelan4673 4 года назад +450

    7:07: Gulf Oil merged with SOCal in 1985, which is when SOCal changed its name to Chevron Corporation, and Texaco merged with Chevron in 1999. Neither has ever been owned by BP. BP did, however, buy out ARCO in 2000. Marathon was not a Texas oil company; it was The Ohio Oil Company. It moved its HQ to Houston in 1990.

    • @Marylandbrony
      @Marylandbrony 4 года назад +4

      And wasn't John D Rockefeller from Ohio and much of his original operations from that state.

    • @coaxfun
      @coaxfun 4 года назад +5

      Thank you! I heard that and was like... I clearly remember when that happened, and BP had nothing to do with it.

    • @thegardenofeatin5965
      @thegardenofeatin5965 4 года назад +4

      So it's a bit like when the government split up the monopolistic AT&T, one of the fragments became Cingular Wireless, which after a few years of being the codifier for those early 2000's amorphous glass/candy/whatever logos, merged back into AT&T.

    • @erikawhelan4673
      @erikawhelan4673 4 года назад +5

      @@Marylandbrony Rockefeller was originally from New York, and spent most of his childhood there, but his family moved to Ohio in 1853 (he was 13 or 14 at the time), and it was there that he formed Standard Oil.

    • @erikawhelan4673
      @erikawhelan4673 4 года назад +4

      @@thegardenofeatin5965 Southern Bell (SBC) was the company that ultimately re-consolidated most of the Baby Bells under the AT&T brand, even buying out AT&T and changing its name to AT&T.

  • @zokontech
    @zokontech 4 года назад +2917

    Hey, if you’re watching this in the future and you’re confused about the unknown reason he keeps mentioning, he’s talking about the 2020 Coronavirus pandemic. Look it up, it was pretty crazy!

    • @TheReaverOfDarkness
      @TheReaverOfDarkness 4 года назад +71

      The last one was silenced, but this one shall be remembered! Do not stand for censorship!

    • @alldamnnamesaretaken
      @alldamnnamesaretaken 4 года назад +119

      If someone from the future watches this they've probably had more pandemics, unless we somehow reversed climate change and stopped encroaching on areas that are natural habitats for hitherto undiscovered viruses, bacteria, parasites etc...
      with the slow melting of the permafrost who knows what could happen, when the frost thawed during a heat wave in Russia a reindeer with Anthrax that died and got frozen 75 years ago suddenly leaked it's pathogen in soil and water and it might even have gotten in the food supply, a kid died, others where hospitalized, scientists in Alaska encountered strains of the Spanish flu in an early 20th century mass grave. A lot of older pandemics could make a comeback when the earth gets warmer.
      You could say ah, those where old times, we know how to handle pandemics, but having seen anti lockdown protests, and people deliberately ignoring guidelines in the name of freedom and capitalism, do you really think we'd be alright should say the Spanish flu make a comeback?

    • @nekrosis4431
      @nekrosis4431 4 года назад +93

      Oh yeah, person from the future, he says it so vaguely because youtube demonetized all videos that mentioned COVID-19.

    • @k.c1126
      @k.c1126 4 года назад +14

      @@TheReaverOfDarkness WAIT .... there was a video taken down before I got to see it?!?!

    • @simplefun471
      @simplefun471 4 года назад +1

      the what

  • @Solomonster07
    @Solomonster07 4 года назад +329

    Holy shit that was cool to hear Kurzgesagt's voice-over before reading the description

    • @oxygen1802
      @oxygen1802 4 года назад +4

      Wait that was actually kurzgazat I should read the description more

    • @nekrosis4431
      @nekrosis4431 4 года назад

      wait what? where was that? At the start?

    • @xthief1037
      @xthief1037 4 года назад +7

      @@nekrosis4431 Tinfoil hat

    • @501ststormtrooper9
      @501ststormtrooper9 4 года назад +3

      Yeah, it was Steve from Kurzgesagt.

    • @General12th
      @General12th 4 года назад +2

      I thought that was the narrator from The Stanley Parable.

  • @deltasword1994
    @deltasword1994 4 года назад +209

    I love this. I'm studying economics, and this is basically just a crash course in pretty much everything you'll learn in econ. Micro econ, macro econ, public policy, moral hazards, capture theory, etc etc.

    • @beentheredonethatoriginals5673
      @beentheredonethatoriginals5673 2 года назад +2

      And chock full of theories and numerous lies. Don't let that stop you though.

    • @foca7550
      @foca7550 Год назад +7

      @@beentheredonethatoriginals5673 You aren't using that word correctly even.

    • @mhxybeats653
      @mhxybeats653 Год назад

      ​@@foca7550People who use the colloquial definition of theory in a scientific context are never to be trusted

  • @A.Mayflower127
    @A.Mayflower127 4 года назад +213

    Alex Epstien looks like someone who got his wisdom teeth replaced with lemon war heads

    • @feelsman7837
      @feelsman7837 4 года назад +9

      Lmfao

    • @bentramer682
      @bentramer682 7 месяцев назад

      I always feel like I give people the ick then I hear and see people like that

  • @awesomesam101
    @awesomesam101 4 года назад +254

    Note: although the *PRODUCTION* of Teflon is harmful to your health, *COOKING* with it is safe (except at very high temperatures).
    Adam Ragusea on RUclips has a great video on it called "Nonstick Pan Safety ANSWERS".

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад +25

      I love how your science measures temperatures in terms like high and very high... Makes me feel warm inside and safe since my stove cannot melt steel, I'll be ok I "guess"

    • @somanayr
      @somanayr 4 года назад +22

      PandemoniumMeltDown You’ll have to look it up, but IIRC “safe” is below about 450F. Above that you get vaporization. Might be wrong about that though

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад +9

      @@somanayr Close to 300. 450 will save you time though :D

    • @CanalTremocos
      @CanalTremocos 4 года назад +21

      That's beside the point of the video. Once a pan is made with the stuff it doesn't matter if you got the PTFE on your system from eating from it or because your neighbour burned one on a dumpster fire. The cycle of life of that pan coating doesn't end when it leaves the kitchen.

    • @skybluskyblueify
      @skybluskyblueify 4 года назад

      Just not safe for birds. I'd not risk it --do you always know the temperature of your pans? Probably not.

  • @nickcalmes8987
    @nickcalmes8987 4 года назад +164

    I can prove that the more clean water I drink, the more my cat farts.
    Just doing what Praguer U dude is doing

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад +2

      Are your cats asses properly placarded 1075 Haz class 2?

    • @3oo3tube2020
      @3oo3tube2020 4 года назад

      I noticed the same thing with my cats ^^

    • @alveolate
      @alveolate 4 года назад +2

      dude, i don't own a cat but when i drink more clean water, _your_ cat farts more.

    • @yaldabaoth2
      @yaldabaoth2 4 года назад +4

      Write a book about it and you can be on PragerU too!

    • @yeetman4953
      @yeetman4953 4 года назад

      @@TKUA11 ?

  • @bishyaler
    @bishyaler 4 года назад +331

    "premature explosions"
    Yeah... I hate when those happen.

    • @tsriftsal3581
      @tsriftsal3581 4 года назад +8

      If they do not last more than 4 hours you have nothing to fear

    • @ratburnthefirst6762
      @ratburnthefirst6762 3 года назад +2

      always happens when I manifest my own destiny

  • @mrsnrub3712
    @mrsnrub3712 4 года назад +8

    Just stopping by with some positivity - your old stuff still is great, but these new production values, easter eggs and scripts are awesome. Great work, always excited to see a new KB video!

  • @WhallonJesse
    @WhallonJesse 4 года назад +42

    5:40 Something to note about gasoline is that aviation gas, commonly called AVGAS is denoted as 100LL (100 Octane, Low Lead) and is the only fuel still consumed in the USA with lead. The reason is because piston aircraft engine technology is 80 years old and has not kept pace with automobile technology. Also, aircraft can not use ethanol like cars because ethanol is highly corrosive, it would cause the fuel tanks (aka the wings) to weaken and break apart in flight. The cost to introduce technology that would allow small aircraft to operate without lead is so expensive that no company has done it until recently because the government is subsidizing the research.

    • @williamfaughnan6298
      @williamfaughnan6298 2 года назад +7

      That can't be true, everyone knows that real progress is only ever made strictly due to capitalists, so there's no way that government support and projects could actually pave the way towards meaningful improvements......

    • @NothingXemnas
      @NothingXemnas Год назад +1

      I don't think that can even stand given the fact automotive engines have been able to run right compression for 2 decades now. What you mean is that, given how many 30yo or older airplanes exist, AVGAS is still supplied FOR those old as fuck airplanes, but modern aviation piston engines are no different. There is no reason to be. If anything, even if they are 30 years behind, they are already capable of running unleaded gas. Internal combustion engines are not some seven-headed monster, but you can still prove me wrong.

  • @kevinglazier8950
    @kevinglazier8950 4 года назад +78

    When the oil exec was talking, you used the same music that you used in your Divine Comedy video when you were talking about Dante's journey through Hell. Nice touch.

  • @scotthappy6885
    @scotthappy6885 4 года назад +37

    The amount of effort you put in your videos past editing is amazing and makes them that more entertaining

  • @FunniestAISongs
    @FunniestAISongs 4 года назад +89

    I don’t have money to watch “Crude” or have Curiosity Stream...but this video could have been an hour longer. I love your presence on video and you are captivating to watch. Very articulate and accurate. It is refreshing. Still, I’m mad it’s over and this was a long one. Lol

  • @JohnDRuddyMannyMan
    @JohnDRuddyMannyMan 4 года назад +431

    Alex Epstein looks like when Dorian puts on The Mask!

    • @whatstdiggn
      @whatstdiggn 4 года назад +19

      He looks like the devil. Like if you went to the crossroads at midnight that's who you'd find standing there on a hickory stump.

    • @whowereweagain
      @whowereweagain 4 года назад +12

      Oh is he in this video? Ha ha that dude looks like he's had the same haircut since he was 7.

    • @HomebrewHorsepower
      @HomebrewHorsepower 4 года назад +5

      That's a slightly obscure reference. I mean, who remembers that movie well enough to remember that character's name, and what he looked like at that point in the film?
      Well done.

    • @jasonwilkins1969
      @jasonwilkins1969 4 года назад +4

      Its the eyebrows for sure

    • @hp2893
      @hp2893 3 года назад +4

      I don't get it but sounds like it's a cool refererence

  • @seeit360
    @seeit360 2 года назад +2

    Thanks!

  • @krankarvolund7771
    @krankarvolund7771 4 года назад +280

    9:27 It just mean "French Oil Company", we are not more original to names than the english-speaker :p

    • @dhakagod
      @dhakagod 4 года назад +5

      lol

    • @kindlin
      @kindlin 4 года назад +12

      Yeah, but you're 5x less pronounceable.

    • @krankarvolund7771
      @krankarvolund7771 4 года назад +27

      @@kindlin For us, YOU are 5x less pronounceable :p

    • @kindlin
      @kindlin 4 года назад +2

      @@krankarvolund7771
      I know we have a few weird silent letters (wtf @ k) and some other quirks here and there, but all french is is silent letters and weird character combinations. I routinely sound out words I'm less sure of how to spell, but it seems like that would be literally impossible for most french words I've stumbled across. I don't speak or know any french, so maybe I'm way off, but that's what it feels like from my perspective.

    • @krankarvolund7771
      @krankarvolund7771 4 года назад +3

      @@kindlin It's funny, I don't find weird the silent letters, it's just some sounds, I'm totally unable to do a "th" correctly, and there's other sounds that I can't distinguish ^^
      But it's a matter of habits, if I had lived with persons talking english, I would be able to understand it more easily XD

  • @TheBeyspieler
    @TheBeyspieler 4 года назад +252

    The "Seven Sisters" also known as the "SS"

  • @dY5FUNCT10N4L
    @dY5FUNCT10N4L 4 года назад +146

    1:23 "Up until the turn of the century..."
    2000 was a revolutionary year. I still remember my whale oil lamp flickering as I tried to download pixelated porn on DSL

    • @thomasfuller5932
      @thomasfuller5932 4 года назад +2

      Adam Filinovich because candles are effective lighting

    • @TenositSergeich
      @TenositSergeich 4 года назад +12

      I find it hilarious that some people do not realize there are more than two centuries.

    • @kindlin
      @kindlin 4 года назад +6

      I'm pretty sure 'turn of the century' just means 1899 to 1900. People are more specific when they reference the 2000 transition.

    • @4thalt
      @4thalt 7 месяцев назад +1

      Turn of the century = 1800-1900
      Turn of the millennium = 1900-2000
      What are we gonna call 2100? The turn of the... other century?

  • @justsaynotosage
    @justsaynotosage 4 года назад +1

    Long time subscriber, recently I had wondered why I hadn't seen any of your videos for a while. I searched for your channel and got caught up. THIS video is why RUclips stopped recommending your content. Incidentally, I think this is your best video. Thank you for taking things a level deeper.

  • @brendanhorner5727
    @brendanhorner5727 4 года назад +2

    Hey so, one small but important nitpick. Teflon (PTFE) itself is not carcinogenic or dangerous to humans unless heated to a very high temperature. The toxic chemical that Dupont left off is PFOA which is used in the production of teflon and is an extremely carcinogenic forever chemical that has polluted water supplies. This is an important distinction.

  • @rachel_sj
    @rachel_sj 4 года назад +295

    ** Sam O Nella’s Stick Figure Eisenhower has Entered the Chat **

  • @xbzq
    @xbzq 4 года назад +127

    The graph indicates: Twice the fossil fuel usage, twice the percentage of people with water or sanitation. So if now we have 80,000 Kcal fuel per person per day and 65% of people have sanitation, then if we double the fuel use to 160,000 Kcal per person per day, then 130% (!!!!!) of people will have sanitation! We'll be in a global state of sanitation supersaturation, where more people will have access to sanitation than there are people. This will be a new time of scientific enlightenment. Even if we take away all sanitation from all people, 30% of people will still have sanitation. And if everyone on earth should die, we'd still have 30% of people left alive. It boggles the mind!

    • @TheReaverOfDarkness
      @TheReaverOfDarkness 4 года назад +14

      There are four ways to interpret a correlation:
      1.) A causes B
      2.) B causes A
      3.) something else causes both A and B
      4.) it's just a coincidence
      In this case, it's a complicated mixture of 3 and 4, mostly 4.

    • @yaldabaoth2
      @yaldabaoth2 4 года назад +15

      This is what soap commercials mean when they talk about feeling extra clean.

    • @jaqjaq101
      @jaqjaq101 4 года назад +3

      And be careful with the graphs
      One axis if per person and the other is a percentage
      Its like saying 25 million people buy pepsi so 50% of people buy coke
      So 50% of the population of the world?
      This year or 10 years ago
      Because this year 50% is 3.5 billion but 10 years ago it was 2.5 billion years ago
      So in actual fact MORE people as a QUANTITY have been living with out sanitation in the last few year and more people as a quantity have been living with sanitation
      Its a REALLY BAD graph
      And it also doesnt show WHO is using that fossil fuel energy

    • @8584zender
      @8584zender 4 года назад

      I'm surprised they didn't cook the data a bit more by compressing the scale so the changes look larger and more dramatic.

    • @----.__
      @----.__ 4 года назад

      @@fclp67 Just like this liquid gets in to chalk.

  • @sirmadrigal6427
    @sirmadrigal6427 4 года назад +384

    Nobody:
    PragerU: Look at this graaaph...

    • @tylerm6453
      @tylerm6453 4 года назад +32

      Every time I do it m a k e s m e l a u g h

    • @AmericanIdiot7659
      @AmericanIdiot7659 4 года назад +9

      Ah yes the golden age of video memes

    • @staalman1226
      @staalman1226 4 года назад +8

      @Kerbal Miles Why?

    • @eriksoto8473
      @eriksoto8473 3 года назад

      @Kerbal Miles I like them too. Idk why they get the hate they do. Then again I haven’t looked up rebuts. There was one about masculinity but the rebut was left-biased gender (un)theory and I just labeled it and political ideology debates rather than objective facts and data.

  • @hydrodudes5135
    @hydrodudes5135 4 года назад +99

    I wholeheartedly agree with the part about expecting developing nations to go to Z directly after A, skipping all the steps, when we took our time. I gets my goat when people on high horses shame poor countries for trying to get ahead.

    • @kennethkho7165
      @kennethkho7165 3 года назад +10

      Developed countries should put all their resources to make renewables cheaper than oil

    • @highjumpstudios2384
      @highjumpstudios2384 2 года назад

      Yeah how dare they. They're not white!

    • @hydrodudes5135
      @hydrodudes5135 2 года назад +2

      @@kennethkho7165 Not even a lil cheaper.

    • @vulpes7079
      @vulpes7079 2 года назад +2

      Unless the UN gives them trillions of dollars to develop renewables. But that's just wishful thinking

    • @heehoopeanut420
      @heehoopeanut420 Год назад +8

      ​@vulpes7079 It's literally not wishful thinking. It's very doable and we have all of the resources to do it, the oil and automobile industries just have every single politician in their pocket. I don't understand how we the people have just become doormats. We just let these crooked bastards get away with their unethical behavior. I hate it here😭

  • @jfjoubertquebec
    @jfjoubertquebec 4 года назад +6

    I just want to commend you for the job you are doing. Riveting and so well documented you put 90% of the journalists we see out here to shame. I often rewatch your videos and they have a profound effect on the questions I ask myself and the world. (Wow... did not plan on saying so much, but there you go!)
    Bravo from Quebec!

  • @Praefetus7
    @Praefetus7 4 года назад +13

    This...explains so much.
    Its a sentiment I've been feeling ever since I found your channel. I love your execution with these otherwise complicated and nuanced topics! Keep it up!

    • @jaqjaq101
      @jaqjaq101 4 года назад

      They are good aren't they
      He isn't perfect but hey? He is human, he opens up the can of worms and gives us more information, and he will freely tell you to check the facts for yourself

  • @falcon.heavy.
    @falcon.heavy. 4 года назад +38

    Alex's eye brows are at a dang 45° angle. You greenhouse with Lord.

  • @CraftAero
    @CraftAero 4 года назад +48

    Ironically, I'm watching this while sitting in camp in the middle of the Alberta oilsands projects.

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад

      yummy. Any fires at the horizon?

    • @vinceellis673
      @vinceellis673 4 года назад +2

      I was surprised that he didn't get more in depth on it. Hi from Calgary!

    • @coasterexpert7501
      @coasterexpert7501 4 года назад

      Western countries CAN produce oil. Middle east go REEEEEEEEEEEEEEEEEEEEEE

    • @alexanderchristopher6237
      @alexanderchristopher6237 3 года назад

      @@coasterexpert7501 well, then why poking around in the region?

    • @coasterexpert7501
      @coasterexpert7501 3 года назад +2

      @@alexanderchristopher6237 Because its tradition by now for every American president to bomb the middle east. Also gotta keep those weapon companies happy.

  • @robturner9701
    @robturner9701 4 года назад +71

    Diesel engines don't need glow plugs to run, they just assist starting. Quite a few don't even have them fitted.

    • @anthonypoquette8018
      @anthonypoquette8018 4 года назад +7

      Correct like Cummins use grid heaters looks like a little toaster coil in the intake manifold to heat the air entering the cylinders

    • @987mattj
      @987mattj 3 года назад +7

      Also not really substantiated to say it's a lie that diesel is better. Diesel is objectively more efficient in almost all circumstances, has lower running costs and greater reliability compared to petrol. They might be rare in North America but in Europe most large cars and even many small hatchbacks are diesel and people are perfectly happy with them.

    • @TheDiner50
      @TheDiner50 2 года назад +2

      @@987mattj Perfectly happ... Yea sure diesels are grate. But modern diesels especially cars ones are not very reliable or very economical for most people. And really to be honest most people are better of with petrol anyways. Short trips clogs particle filters and in general diesels are taxed and cost more to own to the point that the savings in refueling is questionable.
      If electric cars where made cheap and to save the environment instead of a Iphone of privilege fad and such. We might even find allot of people not needing a petrol burning thing to begin with. But electric cars trying to compete with petrol is just privilege dong measure crap. Not about sustainability burning coal to power a car.
      But sure in a SUV, Van and even cars that travel long distances often really benefit from diesel. But basically any non practical necessary diesel is bad for environment and people globally. In petrol cars you can have a very clean emissions except for the Co2. (the big bad we can not fix it seems).
      But in a diesel car that is built into a mess of unreliable insanity to meet emissions? You still have effectively the same Co2 and additional emissions that ruin the diesel claim of superiority! And that is without taking about all the cheating that has been going on and still is going on with diesels in Europe.
      If one give no dam about emissions and talk about older diesels say pre 2010? Yea diesels are really grate! But if you drive no future then to get milk or can not be asked to walk or cycle to work even now you live close?
      No diesels are good at doing actual work. SUV's and luxury cars needing diesels to save on running costs are nothing but the rich being rich. Avrage car owner do better with a petrol for everyone sake. And in places where you get to pay the diesel vehicle tax that is twice the petrol car you need to really be driving quite some distance before it even make economical sense. And when you use the car less for any reason the diesel still cost the same in tax. Staying at home working say makes you question having a diesel you know.

  • @paulex12
    @paulex12 4 года назад +16

    4:56 glow plugs aren't used for ignition during the running cycle of a diesel engine, just during startup when the engine is cold. The compression alone is enough to ignite the fuel once the engine has warmed up.

  • @genisguillem
    @genisguillem 4 года назад +11

    12:35. The barrel of oil never reached negative prices. The price of oil futures went to negative meaning obligations to buy oil at a given price in the future went to negative.

  • @mattematt
    @mattematt 4 года назад +136

    "Please remove your tin foil hats" sounds like Kurzgesagt

    • @LolLol-ok4lr
      @LolLol-ok4lr 4 года назад +7

      I THOUGHT I WAS THE ONLY ONE

    • @benjaminwinnie4626
      @benjaminwinnie4626 4 года назад +44

      That’s because it is they kurzgesagt guy, check the description

  • @erikawhelan4673
    @erikawhelan4673 4 года назад +36

    4:47: Diesel engines don't actually use glow plugs to ignite the fuel except on a cold start when the temperature is too low for direct ignition (which, in modern engines, is freezing), and not all diesel engines use glow plugs.

    • @markleyg
      @markleyg 4 года назад +3

      Even then the glo plug doesn't ignite the fuel.

    • @ryannamechange4951
      @ryannamechange4951 4 года назад +1

      Glow plugs raise a cylinders temperature at a cold start not ignite the fuel.

    • @erikawhelan4673
      @erikawhelan4673 4 года назад +1

      @@ryannamechange4951 The glow plug does, in fact, ignite the fuel.

    • @erikawhelan4673
      @erikawhelan4673 4 года назад +1

      @@markleyg The glow plug does, in fact, ignite the fuel.

    • @jameshaining8791
      @jameshaining8791 4 года назад

      Thank you! I was looking for this comment.

  • @craigsmallwood
    @craigsmallwood 4 года назад +95

    As someone that is an expert in automation in the oil/gas/power industry (Subject Matter Expert is my title at times), much of what you say is correct. There are a few corrections though:
    1. The US produces about 12 Million barrels, but uses 20 Million a day. Leaving it to be relent on foreign oil. (A lot does come from Canada though)
    2. The low price of oil has nothing to do with lesser demand for oil (before Covid). Oil has continued a 1-2% (1-2 Million Barrels) increase in demand per year for 20 years. It is forecast for 20 years of growth by most major investment firms. If anything, lower prices increases demand.
    3. Low grade polyethylene (disposable plastics) is still extremely profitable. Higher grade polyethylene is used in cell phones, planes, automobiles, computers, and others, still has a huge market. Styrene on the other hand has had the market drop out of it since the early 2000s do to environmental reasons.
    4.Some financial institutions have divested, but "most banks and financial initiations" is an incorrect statement. Exxon Mobile has a AA credit rating (down from AA+ pre Covid).
    Please feel free to contact me for fact checking future videos. I also enjoyed your nuclear power one, but did find minor inconstancies.

    • @lomthemotto
      @lomthemotto 4 года назад +9

      Those AA or AA+ ratings are a joke and mean nothing. In 2007 all the banks that got bailed out had the highest ratings. All those ratings do is react to what has already happened and to late to matter. They are untrustworthy and bull shit to be honest.

    • @731freeman
      @731freeman 4 года назад +3

      R/unfortunatename lol

  • @skullsked6119
    @skullsked6119 4 года назад +2

    Love your videos. Always so informative for most things we barely touched or went over in all the years I went to school.

  • @TheBigRedskull
    @TheBigRedskull 4 года назад +139

    One of Saturn’s Moons has been discovered to hold a larger amount of natural gas and oil than earth.
    Guess we are restarting the space program

    • @danielmay7266
      @danielmay7266 4 года назад +17

      You say as SpaceX launches humans to space in about 4 hrs and 28 minutes.

    • @TheBigRedskull
      @TheBigRedskull 4 года назад +2

      Evo May coincidence? I think not!

    • @jacksonmulligan
      @jacksonmulligan 4 года назад +25

      Sounds like Saturn needs some freedom and democracy 🇺🇸

    • @chrissytheconqueror7049
      @chrissytheconqueror7049 4 года назад +1

      Really? But where does that come from? Don't oil and gas only form from old biomass?

    • @masonator232
      @masonator232 4 года назад +6

      Chrissy The Conqueror Its carbon based, but not made from fossils, biomass, etc. Its pure elements

  • @wherebandshaman
    @wherebandshaman 4 года назад +71

    Last time I was this early, he was still talking about the color video he hadn't done yet.

  • @AverytheCubanAmerican
    @AverytheCubanAmerican 4 года назад +203

    “Manifesting his own destiny” I see what you did there. Very American

    • @thesage1096
      @thesage1096 4 года назад +1

      ?

    • @wolfwoodphreak
      @wolfwoodphreak 4 года назад +5

      @@thesage1096 manifest destiny is an old American term meaning the idea that it was americas right to expand across the country unhindered. yes this includes despite the peoples or governments that had an issue witb it

    • @OnaRocketship
      @OnaRocketship 4 года назад

      Hey there

    • @OnaRocketship
      @OnaRocketship 4 года назад

      You’re probably a fake but I’ll say hi anyways

  • @Keebrev
    @Keebrev Год назад +4

    Getting a PragerU video about how “we need to increase fossil fuel usage” on this video is both ironic and extremely sad.

  • @ColonizerChan
    @ColonizerChan Год назад +2

    Good video. Bit of an aside to consider with the use of plastics and food is how much longer it makes food last and how much lighter it makes it for transport.
    We waste too much plastic and use single use plastic far too much, but the use in food transport and increasing shelf life is worth considering

  • @worsel555
    @worsel555 4 года назад +180

    "... I recommend the documentary Gasland." The part with the flaming tap water that you used? Been doing that since the 70's and everyone's water in town does that because the wells run through four layers of coal beds which are naturally giving off methane gas and are not the results of fracking. The Markham's knew it was confirmed to be naturally occurring over a year before the Gasland crew showed up, something the "documentary" maker admitted to knowing about and left out on purpose when confronted about it.

    • @densealloy
      @densealloy 4 года назад +29

      Say it isnt so... an activist posing as a documentary filmmaker.

    • @worsel555
      @worsel555 4 года назад +6

      @@densealloy I know, crazy, right?

    • @TheKiltedGerman
      @TheKiltedGerman 4 года назад +2

      That's what I thought was the case. Heard about this years ago.

    • @CockatooDude
      @CockatooDude 4 года назад +53

      That might have been the case in the documentary, but it doesn't really change the fact that Fracking is terrible for the environment.

    • @harriam0
      @harriam0 4 года назад +36

      @@CockatooDude I don't think the original commenter was suggesting Fracking wasn't. Merely pointing out that Gasland has issues. These are both facts and not mutually exclusive.

  • @chrissytheconqueror7049
    @chrissytheconqueror7049 4 года назад +54

    10:21 Oh, is that the voice from my nightmares that keeps telling me that I'm going to die and that everything is meaningless...or were those RUclips videos...?

    • @TheReaverOfDarkness
      @TheReaverOfDarkness 4 года назад +3

      It's a plot to get rid of us so that the birds can take over.

    • @NuclearTopSpot
      @NuclearTopSpot 4 года назад +4

      @@TheReaverOfDarkness but... but r/BirdsArentReal

    • @fromfareast3070
      @fromfareast3070 4 года назад

      the blackbird Kurz.

  • @quetzalthegamer
    @quetzalthegamer 4 года назад +13

    The Kurzgesagt cameo is awesome. ❤️

  • @MrAmirkedar
    @MrAmirkedar 3 года назад +2

    you have some of the most informative, depressing, and well made videos on the internet

  • @davidpedracosta6057
    @davidpedracosta6057 4 года назад +1

    Another great video KB! Just a slight correction. When OPEC increases or decreases quantity sold the supply curve does not move. The trading point moves along a stationary supply curve, creating a gap between the demand and supply quantities at the new, ineficcient, point.

  • @mr.ehellow1238
    @mr.ehellow1238 4 года назад +7

    Fun face when the dude is trying to defend fossil fuels at 26:00 , that extra carbon in the air means the plants will not be able to cool themselves down fast enough, literally making them overheat.

  • @shotelco
    @shotelco 4 года назад +20

    Unbelievably, I got the KB notification while on a business video conference call. Muted the concall, moved it to smaller window, and am now watching this. The other participants in the concall seem to think I'm totally interested in the ongoing excel presentation because I keep nodding approvingly.

    • @emilemchew
      @emilemchew 4 года назад +2

      What happens if they ask you a question?

    • @donalny
      @donalny 4 года назад

      @@emilemchew that means they're paying attention, so they won't.

  • @gobokinje9183
    @gobokinje9183 4 года назад +34

    The A Epstein quotes with audio only really threw me off.
    The cadence with which he speaks, starting and stopping, sounds extremely robotic.
    Not scripted, just... mechanical.
    And I had no idea why.

    • @stephenwright8824
      @stephenwright8824 4 года назад +2

      Maybe he should join the Governing Body of the Jehovah's Witnesses. He'd fit right in. (I recommend you check out Telltale for more info on the JWs.)

    • @cloudbloom
      @cloudbloom 2 месяца назад

      I've seen a lot of spelling errors in my life, but never have I seen "through" used in place of "threw". Shoutout to those who write phonetically👌

    • @gobokinje9183
      @gobokinje9183 2 месяца назад

      @@cloudbloom /Necroposting

  • @sirnik84
    @sirnik84 4 года назад +1

    Glow plugs do not ignite diesel fuel. It pre-heats the combustion chamber prior to first starting the engine. Diesel engines use compression and head to ignite the fuel. Not all diesels have glow plugs, some have heaters in the air intake for cold starts.
    I appreciated your channel because of your facts. I felt the need to correct you on this issue.

  • @aaronbarry8446
    @aaronbarry8446 4 года назад +1

    I’ve been trying to find your channel after two years of looking I found it I’m so happy right now

  • @pumpnix
    @pumpnix 2 года назад +4

    Texaco was absorbed into Chevron, not BP. I just remember that being one of the topics from one of my undergrad classes
    -Love all of your content!

  • @KC-Mitch
    @KC-Mitch 4 года назад +105

    I love that he has a Bernie sanders bag. "Not me. Us."

    • @alveolate
      @alveolate 4 года назад +6

      sadly, bernie has abandoned his flock...

    • @accessthemainframe4475
      @accessthemainframe4475 4 года назад +2

      What time stamp?

    • @KingBobXVI
      @KingBobXVI 4 года назад +9

      @@alveolate - "sadly, bernie has abandoned his flock..."
      I feel like you grossly misunderstood the prior quoted "not me, us"...

    • @krombopulos_michael
      @krombopulos_michael 4 года назад +4

      @@alveolate he lost, pretty significantly. What exactly was he supposed to do? Run third party and help Trump win?

    • @aztecemperor1700
      @aztecemperor1700 4 года назад

      @@krombopulos_michael charges at the state level

  • @BrandonBDN
    @BrandonBDN 10 месяцев назад +3

    Fossil fuels improves quality of life in the same way any fuel source does, but we should still switch to something more sustainable and environmentally friendly

  • @peterb8398
    @peterb8398 2 года назад +2

    This video was concise, gave the most important points, and helped me understand how unbelievably much oil affects the world. I had no idea about the petrol dollar. Thank you so much

    • @beentheredonethatoriginals5673
      @beentheredonethatoriginals5673 2 года назад

      There were a lot of inaccuracies in this video, having worked in energy, wind and oil, anyone quoting debunked Netflix movies is sorely lacking facts...

  • @paulcooper8818
    @paulcooper8818 4 года назад +17

    I appreciate the extra effort you put into your videos to make them entertaining beyond being informative

  • @sambeawesome
    @sambeawesome 4 года назад +15

    "Just like diamonds!" Gets me every time x'D

    • @peyuko5960
      @peyuko5960 4 года назад

      I'm just gonna say... I haven't found Jess mentioning the colon in the sea of comments.

    • @sambeawesome
      @sambeawesome 4 года назад +1

      @@peyuko5960 I feel so betrayed D:

    • @jessicasettle1843
      @jessicasettle1843 4 года назад +1

      Oh I totally did!!! You missed it!

    • @sambeawesome
      @sambeawesome 4 года назад +1

      @@jessicasettle1843 The hero we need xD

  • @robinblackwell8167
    @robinblackwell8167 4 года назад +7

    Here are a few nuances on the economics:
    1) Oil prices never actually went negative (no oil was physically sold at a negative price). What went negative were futures contracts only in the US, on fear that there wouldn't be enough storage capacity in a small, localized bottleneck in Cushing, Oklahoma. This was primarily due to oversupply from shale, not OPEC+ (although the two supplies are related).
    2) While a lot of oil companies are not profitable, these tend to be small projects, that have just started up and are highly speculative. The average oil asset (mostly owned by the major companies) tend to be pretty profitable, even accounting for the tax benefits (although that might change of course and that's reflected in the lower share prices, so they're pretty profitable, but their future is in doubt).
    3) The tax structures are weird, but that doesn't mean that they're uniquely unjust. While they might not pay "federal" tax, their total tax burden is similar to that of other companies (20-25% of income). But (profitable, global) oil companies tend to pay this tax at the subsidiary level, within the jurisdiction where the extraction is done. (A lot of US oil companies also operate as partnerships, meaning that income is taxed federally but at the level of the partner, not at the company level.)

  • @Gold_Falcon_6
    @Gold_Falcon_6 4 года назад +4

    I ❤️ diesel. And... glow plugs help for ignition (not required). Cummins diesel motors don’t use glow plugs. They use a grid heater to heat the air for combustion in cold temps.

  • @michaeltuite5510
    @michaeltuite5510 3 года назад +5

    A few of my friends have worked in waste management - I was kinda heartbroken that everything I was led to believe about recycling is BS.

  • @Miu-or5mx
    @Miu-or5mx 4 года назад

    This is such a good video holy shit. And has sources in description and everything. Very well done!!!! Im so glad Im subed 2 you :D

  • @EdSmith7464
    @EdSmith7464 4 года назад +35

    *A request from a curious viewer:*
    You could keep the "Climate Policy" topic going; pick up from the last video and create another one on "The Importance of Nuclear Energy".

    • @corenlavolpe6143
      @corenlavolpe6143 4 года назад +3

      I'd love to see that

    • @Shenaldrac
      @Shenaldrac 4 года назад +8

      Agreed. I'd really love to see the harmful myths about how dangerous nuclear energy is get addressed and shows to be just that: myths. Solar power and wind are all well and good, but it's not always sunny unless you are using solar panel satellites beaming the energy down from outside the atmosphere, and it's not always windy for wind farms. To say nothing of the large amount of physical space those options require. Whereas nuclear energy has neither of those downsides. It has downsides all its own, of course, but I really want to see those reasonable and calmly addressed rather than what I usually see, which is people freaking out over the very concept of nuclear waste.

    • @jaqjaq101
      @jaqjaq101 4 года назад +1

      Aye nuclear especially with the newer thorium reactors should be good

    • @rogermwilcox
      @rogermwilcox 4 года назад

      @@jaqjaq101 : Are there any thorium reactors that are actually operational?

  • @thetooginator153
    @thetooginator153 3 года назад +4

    I used Goop and it completely failed to keep the vampires away! Garlic, mirrors, crosses and holy water work MUCH better! However, Goop brand invigorating elixir IS helping my anemia though.

  • @Blauefrucht
    @Blauefrucht 4 года назад +17

    18:33
    I might be a little late in saying this, but Teflon ( and other PTFE-products) are not carcinogenic, toxic, or hazardous to the environment. Accidental eating of coating fragments is harmless since they are fully excreted. Teflon is incredibly inert withstanding even the most active of chemical agents. I don't want to go into why that is, but it's the reason why it is used in these coatings. The danger from Teflon comes from fluoridic gases present in the decomposition of the coating. These processes start at a pan-temperature of around 360 °C (680 °F). For comparison: oil starts to visibly smoke from combustion at 270 °C (518 °F). As long as you don't heat up an empty Teflon pan for 5 min, you don't have to worry about it.

  • @mikelnomikos
    @mikelnomikos 4 года назад +1

    You're an educator par excellence and your content quality is great.

  • @A_Wet_Duck
    @A_Wet_Duck 4 года назад

    This video is fantastic, and you've outdone yourself in terms of quality this time. 11/10

  • @XxDvorak1911xX
    @XxDvorak1911xX 4 года назад +6

    You should have talked about Oil crisis in the 70s and its impact to American society. I think having constant energy source is fundamental to national security.

  • @Inignot12
    @Inignot12 4 года назад +64

    Alex Epstein has the "I swear I'm not a cartoon villain" eyebrows like Kenneth Copeland

  • @Redbeardblondie
    @Redbeardblondie 4 года назад +5

    Thanks for this one! It really does reveal Fossil Fuels to be a sort of Fast Food resource for the world’s energy consumption. Cheap and easy, great for people trying to get ahead in the moment. But the long term effects of impacted health, addiction to the comfort and ease of just ordering McDonalds, and an equally unhealthy corporative stranglehold on keeping a product valid that should instead be severely downsized.

  • @talos2384
    @talos2384 4 года назад +2

    America is like that one guy in your civ game who gets an amazing spawn on their own private continent with all the bonus recourses but still acts like they earned it.

  • @CannibalCommunist
    @CannibalCommunist 3 года назад

    That first gag where you where throwing the shovel after striking oil knocked me out 🤣🤣🤣
    You looked so angry haha

  • @cristianvillanueva8782
    @cristianvillanueva8782 4 года назад +28

    "Because America is the Saudi Arabia of corn"
    I legit died. Imma try to use that from know on

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад

      Mining companies are actually landscaping corporations that prepare the land for more corn fields. Food and pharma are in charge of de-population. UCFA United Corn Fields of America

    • @jaqjaq101
      @jaqjaq101 4 года назад

      Pretty sure aus was the saudi arabia of coal, just saying
      And uranium, and barley

    • @rogermwilcox
      @rogermwilcox 4 года назад +3

      @@PandemoniumMeltDown : Food and pharma being in charge of de-population would be like Entertainment Tonight being in charge of destroying televisions. Neither food nor pharma wants to kill off their customer base. (Make them dependent, maybe -- but they stop buying when they're dead.)

  • @welshzecorgi7903
    @welshzecorgi7903 2 года назад +5

    24:20 Dude, this guy looks and sounds like an ancient, evil spirit that took over the body of some random high-school kid.

  • @d.h.9965
    @d.h.9965 4 года назад +3

    Teflon (PTFE) is not toxic unless you overheat it (~260C)

  • @tacrewgirl
    @tacrewgirl Год назад +1

    Binging your videos this week. I think I've watched 15 of them. So well researched, sarcastic, and informational. Thanks for the work that you and your team do.

  • @kuritech
    @kuritech 3 года назад

    I like the way you show the number 3 with your hands. Most hearing people don't show it that way

  • @JakeLikesTech
    @JakeLikesTech 4 года назад +3

    Conocos are scary sometimes, i went to one and a guy literally took a machete that was not like guarded or anything and threatened the employees. My family noped out of there real fast.

  • @jonathonlong5796
    @jonathonlong5796 Год назад +9

    You don't even have to try to make capitalism look bad, all you gotta do is teach history

  • @mattbenz99
    @mattbenz99 4 года назад +55

    The stuff about the Petro-dollar was really misleading. I mean, Iraq switched away from the dollar after tensions were rising between them and America. It was a response to the growing risk of war, not a cause of the war. Libya was also already in a civil war before they removed their use of the dollar. This is one of those topics which looks more suspicious on the macro level than it actually is on the micro level.
    I mean, Venezuela basically indirectly still uses the dollar through China. What Venezuela does is sell their crude oil (usually at a 2-3% discount to make up for the exchange rate fees) to China, and then China sells it Texas companies to refine. Iran is very similar, although the recent price war basically did more damage to the their oil industry than a decade of sanctions. Recent figures show that Iran now imports more oil than they export, as the price war forced them to shut down their oil infrastructure. Since turning it back on is expensive, it will likely stay off until the price starts to increase again.

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 года назад +1

      Nothing a war can't fix

    • @evanwong8748
      @evanwong8748 4 года назад +22

      I think that’s why KB put a tinfoil hat “warning.” He acknowledged that it is, at least partially, conjecture and theory, and that it isn’t a concrete fact

    • @adamsfusion
      @adamsfusion 4 года назад +7

      It came across to me more that he was addressing a conspiracy theory and not presenting it as fact. He even states, later in the video, that the latter statement that sounded conspiracy-ish was true while this one was not. Plus, tinfoil hats.

    • @skybluskyblueify
      @skybluskyblueify 4 года назад +1

      " China sells it Texas companies to refine." So either refining it themselves is too expensive or they cant do it themselves, right? Is the US the only place that refines oil? Why or why not?

    • @Thomas-bx4ub
      @Thomas-bx4ub 4 года назад +11

      @@skybluskyblueify the type of oil that they make is highly sour and thus extremely difficult to refine. In the 1980 (iirc) the us though that the in the coming decades that only oil left would be highly impure so they invented heavily into refineries that can handle it at the expense of light sweet oil. The current refineries in China are built for the type of oil from the middle east which has a different chemistry. So unless China wants to spend a lot of money on new refineries it's only possible customers are the US gulf refineries.

  • @lvilasboas
    @lvilasboas 4 года назад

    Another great video man... filled with well-positioned and established arguments.
    I'm a simple man. I see a Knowing Better video, I watch it.

  • @markross699
    @markross699 4 года назад

    Your videos are shockingly good. Fun, dense and thought provoking.

  • @sjsjsjwho8612
    @sjsjsjwho8612 4 года назад +10

    Man the production quality went up so much from a year ago

  • @Purumal1337
    @Purumal1337 4 года назад +5

    Hi KB, again great video. Especially as a non-idiotic (aka I know climate change is real and so on) petroleum engineer I really enjoyed it, and I feel your concluding remarks are thoroughly well put. We should not be thinking about if we should go green, but how to, and how to globalize it without ending up demonizing developing countries who are just trying to catch up.
    I wanted to make a few clarifications though.
    1: Sweet and sour oil if crude oil has little or lots of sulphur, not just impurities in general.
    2: I know it's not what your illustation shows, but bitumen (actually its combined residue but thats splitting hairs) boils of AFTER everything else. Seeing a CDU (crude destillation unit) fron the side you see LPG (C1-5) coming out from the top stream, then kerosene, then LGO (light gas oil) further down, then HGO (heavy gas oil), , and LR (long residue). Gasoline doesn't really come out anywhere as it is a mixture of some of the lighter components. Also Naphtha is not just used to plastics. We put as much of it as possible into gasoline or diesel products because it increases profit margins.
    3: The oil price did not reach negative numbers in the entire world a few weeks ago. That was only the WTI (West Texas Intermediate, mostly used in the US) standard, while the Brent (a field in the North Sea) standard never dipped below 20usd/bbl. That being said it was a first in recent history.
    4: Fracking is basically making reservoir rocks more permeable through breaking it ever so slightly by injecting high pressure fluids into the reservoir. It works in all types of reservoirs, not only in shale rocks. The reason its mostly famous from shale reservoirs is because they are normally closer to the surface and therefore fracking can more easily cause groundwater contamination and earthquakes. Shale reservoirs are also exposed to fracking much more often because production wells have a much smaller production horizon (I forget the english word for it so I used the danish one directly translated, sorry) so you need to frack more wells. This is because the permeability in shale rocks are of the magnitude nano- or microDarcys while tight chalk is normally in milliDarcys and good sandstone reservoirs can have permeabilities of hundreds of Darcys. Meaning are millions or even billions of times worse as production rocks compared to the sandstone reservoirs of Saudi. Shale oil is profitable but really rather unsustainable, which is actually why some large oil companies avoided it to start with. One reason its super hazardous now is because so many smaller companies who cant afford the best engineers and who cut corners on safety equipment is doing it instead. In the North Dakota episode of John Olivers last week tonight they say 1 person dies every 6 weeks in the Bakken field alone. I haven't checked their source though, but the show its generally well researched.

  • @crysanthiumvega
    @crysanthiumvega 4 года назад +8

    29:25 oh my God, he's manifesting his destiny

  • @hd3zchris
    @hd3zchris 4 года назад

    I see why you've been gone for so long. Great research. Thank you for yet another informative video. Great job!

  • @ernestoacosta7918
    @ernestoacosta7918 4 года назад

    Only 99k views as of 5 days?! That’s malarkey! Your quality content deserves more I tell ya!!

  • @Shenaldrac
    @Shenaldrac 4 года назад +55

    "Ten smaller oil-producing countries"
    Including Russia, the smallest of countries :V

    • @k.c1126
      @k.c1126 4 года назад +16

      That made absolute sense to me.... lol ... I immediately interpreted "smaller" to mean production / reserve size .... :)

    • @cixzejy
      @cixzejy 4 года назад +8

      fclp67 top 3 fossil fuel producer not oil Russia has TONS of Natural gas

    • @lucofparis4819
      @lucofparis4819 4 года назад +5

      @@fclp67 Yeah you confused oil and natural gas there.

    • @LancesArmorStriking
      @LancesArmorStriking 4 года назад

      Smaller by oil-producing volume, not my size :)

  • @itchy7879
    @itchy7879 4 года назад +16

    10:14 I guess it's now the liquid gold stardard...

    • @emileebaker8520
      @emileebaker8520 4 года назад +2

      I could get behind a Velveeta-based currency.

  • @tisjester
    @tisjester 4 года назад +4

    Instructions unclear: Hit by lightening while wearing my tinfoil hat outside during a thunderstorm.
    I think I have super powers now. I can tell a persons political stance just by looking at their face.

  • @OnaRocketship
    @OnaRocketship 4 года назад +1

    This is highly appropriate because I just finished watching “there will be blood” just before you released this.

  • @Margoth195
    @Margoth195 4 года назад

    20:37 you don't actually need a supernova to produce aluminum. generally, steller fusion stops in a star when most of the fuel is fused to form iron (elements like aluminum which has a smaller atomic mass are formed before this happens). Aluminum, to your point, making more aluminum is hard if you don't have a fusion reactor or specialized fission reaction. sorry for nitpicking. love the video!

  • @kellykerr5225
    @kellykerr5225 4 года назад +3

    I’m glad you educate me on so many things. I just happened to need to be in charge of several different oil wells in a trust set up by my grandfather. I think my parents spent all the money before my stepfather died. My mom has Alzheimer’s and the trust names me as the person to be in charge. They never told me anything about it. When I tried to ask, it was too late, they both had Alzeimers. I know oil is worth less than zero right now. So I need to understand how the whole thing works. I have always wished it could be like an old version of Sim City where you could just upgrade to a green energy plant. I’m sure my grandfather would have never set it up if he knew the damage it has caused. He was in Oklahoma and oil is what people invest in there. I would rather save the planet than have the money from oil.

  • @plot6520
    @plot6520 4 года назад +5

    The neutral stance and bona-fide amazing bits of comedy, all as a glaze for a deeply informative video makes this channel one of the most important in terms of expanding a general populous' worldview

  • @AdamAus85
    @AdamAus85 4 года назад +8

    A fracking site is pretty unreal. I was part of a seismic survey of farm land in Australia that was monitored live during fracking. All the equipment and the significance of what we were doing out there was pretty awesome.

  • @k.c1126
    @k.c1126 4 года назад +2

    Geez! I didn't realize how much I missed your videos! This was great stuff - informative and balanced. I would like to comment that so-called developing nations are looking beyond fossil fuels already - not so much because of the pressure of first world countries, but more because they are interested in decreasing their dependence on outside sources of energy. Many smaller nation-states are working to develop their in situ resources like solar, hydro and wind, even while continuing to rely on fossil fuels.