Extracting Black Gold | History of Oil

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  • Опубліковано 25 гру 2024

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  • @KnowingBetter
    @KnowingBetter  4 роки тому +797

    Survey Link - forms.gle/HeExuLRwCrC3pKMB6

    • @couldntcroptheimage4775
      @couldntcroptheimage4775 4 роки тому +12

      K

    • @dhribbler7303
      @dhribbler7303 4 роки тому +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 роки тому +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 роки тому +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 роки тому +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.

  • @donalny
    @donalny 4 роки тому +2455

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

    • @chipskylark5500
      @chipskylark5500 4 роки тому +34

      Hairy palms

    • @999YCM
      @999YCM 4 роки тому +17

      Hey-O!

    • @jasonbelstone3427
      @jasonbelstone3427 4 роки тому +22

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

    • @Vanalovan
      @Vanalovan 4 роки тому +14

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

    • @mr.pavone9719
      @mr.pavone9719 4 роки тому +32

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

  • @tsarbutterfly663
    @tsarbutterfly663 4 роки тому +1359

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

    • @JanneSala
      @JanneSala 4 роки тому +19

      GG, huh

    • @thetruephoenixful
      @thetruephoenixful 4 роки тому +30

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

    • @patrickbrannen3120
      @patrickbrannen3120 4 роки тому +4

      No dragons dragon rush

    • @macgp44
      @macgp44 4 роки тому +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 роки тому +1

      AINT NOTHING BUT A HEART ACHE

  • @zokontech
    @zokontech 4 роки тому +2895

    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 роки тому +69

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

    • @alldamnnamesaretaken
      @alldamnnamesaretaken 4 роки тому +118

      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 роки тому +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 роки тому +14

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

    • @simplefun471
      @simplefun471 4 роки тому +1

      the what

  • @jeremyquentin42
    @jeremyquentin42 3 роки тому +693

    "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 роки тому +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 роки тому +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 роки тому

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

    • @timjholzer
      @timjholzer 2 роки тому +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 Рік тому +4

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

  • @spv420
    @spv420 4 роки тому +395

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

  • @dipie197
    @dipie197 4 роки тому +2273

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

    • @brand0lakes
      @brand0lakes 4 роки тому +60

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

    • @LoganLS0
      @LoganLS0 4 роки тому +29

      That's because of fossil fuels.

    • @donalny
      @donalny 4 роки тому +42

      He trained the ferrets to edit his videos.

    • @danescott2188
      @danescott2188 4 роки тому +7

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

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 роки тому +2

      @@danescott2188 Fueled ferrets wood, I mean would

  • @erikawhelan4673
    @erikawhelan4673 4 роки тому +449

    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 роки тому +4

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

    • @coaxfun
      @coaxfun 4 роки тому +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 роки тому +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 роки тому +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 роки тому +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.

  • @deltasword1994
    @deltasword1994 4 роки тому +208

    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 роки тому +2

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

    • @foca7550
      @foca7550 Рік тому +7

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

    • @mhxybeats653
      @mhxybeats653 Рік тому

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

  • @A.Mayflower127
    @A.Mayflower127 4 роки тому +210

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

    • @feelsman7837
      @feelsman7837 4 роки тому +8

      Lmfao

    • @bentramer682
      @bentramer682 6 місяців тому

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

  • @seeit360
    @seeit360 2 роки тому +2

    Thanks!

  • @Solomonster07
    @Solomonster07 4 роки тому +329

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

    • @oxygen1802
      @oxygen1802 4 роки тому +4

      Wait that was actually kurzgazat I should read the description more

    • @nekrosis4431
      @nekrosis4431 4 роки тому

      wait what? where was that? At the start?

    • @xthief1037
      @xthief1037 4 роки тому +7

      @@nekrosis4431 Tinfoil hat

    • @501ststormtrooper9
      @501ststormtrooper9 4 роки тому +3

      Yeah, it was Steve from Kurzgesagt.

    • @General12th
      @General12th 4 роки тому +2

      I thought that was the narrator from The Stanley Parable.

  • @awesomesam101
    @awesomesam101 4 роки тому +252

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

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 роки тому +24

      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 роки тому +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 роки тому +9

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

    • @CanalTremocos
      @CanalTremocos 4 роки тому +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 роки тому

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

  • @bishyaler
    @bishyaler 4 роки тому +327

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

    • @tsriftsal3581
      @tsriftsal3581 4 роки тому +8

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

    • @ratburnthefirst6762
      @ratburnthefirst6762 3 роки тому +2

      always happens when I manifest my own destiny

  • @WhallonJesse
    @WhallonJesse 4 роки тому +41

    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 роки тому +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 Рік тому +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.

  • @craigsmallwood
    @craigsmallwood 4 роки тому +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 роки тому +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 роки тому +3

      R/unfortunatename lol

  • @nickcalmes8987
    @nickcalmes8987 4 роки тому +163

    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 роки тому +2

      Are your cats asses properly placarded 1075 Haz class 2?

    • @3oo3tube2020
      @3oo3tube2020 4 роки тому

      I noticed the same thing with my cats ^^

    • @alveolate
      @alveolate 4 роки тому +2

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

    • @yaldabaoth2
      @yaldabaoth2 4 роки тому +4

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

    • @yeetman4953
      @yeetman4953 4 роки тому

      @@TKUA11 ?

  • @krankarvolund7771
    @krankarvolund7771 4 роки тому +279

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

    • @dhakagod
      @dhakagod 4 роки тому +5

      lol

    • @kindlin
      @kindlin 4 роки тому +12

      Yeah, but you're 5x less pronounceable.

    • @krankarvolund7771
      @krankarvolund7771 4 роки тому +27

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

    • @kindlin
      @kindlin 4 роки тому +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 роки тому +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 роки тому +251

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

  • @JohnDRuddyMannyMan
    @JohnDRuddyMannyMan 4 роки тому +431

    Alex Epstein looks like when Dorian puts on The Mask!

    • @whatstdiggn
      @whatstdiggn 4 роки тому +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 роки тому +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 роки тому +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 роки тому +4

      Its the eyebrows for sure

    • @hp2893
      @hp2893 3 роки тому +4

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

  • @hydrodudes5135
    @hydrodudes5135 4 роки тому +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 2 роки тому +10

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

    • @highjumpstudios2384
      @highjumpstudios2384 2 роки тому

      Yeah how dare they. They're not white!

    • @hydrodudes5135
      @hydrodudes5135 2 роки тому +2

      @@kennethkho7165 Not even a lil cheaper.

    • @vulpes7079
      @vulpes7079 Рік тому +2

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

    • @heehoopeanut420
      @heehoopeanut420 Рік тому +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😭

  • @sirmadrigal6427
    @sirmadrigal6427 4 роки тому +384

    Nobody:
    PragerU: Look at this graaaph...

    • @tylerm6453
      @tylerm6453 4 роки тому +32

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

    • @AmericanIdiot7659
      @AmericanIdiot7659 4 роки тому +9

      Ah yes the golden age of video memes

    • @staalman1226
      @staalman1226 3 роки тому +8

      @Kerbal Miles Why?

    • @eriksoto8473
      @eriksoto8473 3 роки тому

      @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.

  • @xbzq
    @xbzq 4 роки тому +126

    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 роки тому +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 роки тому +15

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

    • @jaqjaq101
      @jaqjaq101 4 роки тому +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 роки тому

      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 роки тому

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

  • @FunniestAISongs
    @FunniestAISongs 4 роки тому +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

  • @robturner9701
    @robturner9701 4 роки тому +70

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

    • @anthonypoquette8018
      @anthonypoquette8018 3 роки тому +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 роки тому +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 роки тому +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.

  • @brendanhorner5727
    @brendanhorner5727 4 роки тому +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.

  • @kevinglazier8950
    @kevinglazier8950 4 роки тому +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.

  • @rachel_sj
    @rachel_sj 4 роки тому +295

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

  • @scotthappy6885
    @scotthappy6885 4 роки тому +37

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

  • @mrsnrub3712
    @mrsnrub3712 4 роки тому +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!

  • @Keebrev
    @Keebrev Рік тому +4

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

  • @falcon.heavy.
    @falcon.heavy. 4 роки тому +38

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

  • @dY5FUNCT10N4L
    @dY5FUNCT10N4L 4 роки тому +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 роки тому +2

      Adam Filinovich because candles are effective lighting

    • @TenositSergeich
      @TenositSergeich 4 роки тому +12

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

    • @kindlin
      @kindlin 4 роки тому +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 5 місяців тому +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?

  • @mattematt
    @mattematt 4 роки тому +136

    "Please remove your tin foil hats" sounds like Kurzgesagt

    • @LolLol-ok4lr
      @LolLol-ok4lr 4 роки тому +7

      I THOUGHT I WAS THE ONLY ONE

    • @benjaminwinnie4626
      @benjaminwinnie4626 4 роки тому +44

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

  • @sirnik84
    @sirnik84 4 роки тому +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.

  • @paulex12
    @paulex12 4 роки тому +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 роки тому +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.

  • @AverytheCubanAmerican
    @AverytheCubanAmerican 4 роки тому +202

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

    • @thesage1096
      @thesage1096 4 роки тому +1

      ?

    • @wolfwoodphreak
      @wolfwoodphreak 4 роки тому +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 роки тому

      Hey there

    • @OnaRocketship
      @OnaRocketship 4 роки тому

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

  • @erikawhelan4673
    @erikawhelan4673 4 роки тому +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 роки тому +3

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

    • @ryannamechange4951
      @ryannamechange4951 4 роки тому +1

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

    • @erikawhelan4673
      @erikawhelan4673 4 роки тому +1

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

    • @erikawhelan4673
      @erikawhelan4673 4 роки тому +1

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

    • @jameshaining8791
      @jameshaining8791 4 роки тому

      Thank you! I was looking for this comment.

  • @Blauefrucht
    @Blauefrucht 3 роки тому +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.

  • @justsaynotosage
    @justsaynotosage 4 роки тому +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 UA-cam stopped recommending your content. Incidentally, I think this is your best video. Thank you for taking things a level deeper.

  • @TheBigRedskull
    @TheBigRedskull 4 роки тому +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 роки тому +17

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

    • @TheBigRedskull
      @TheBigRedskull 4 роки тому +2

      Evo May coincidence? I think not!

    • @jacksonmulligan
      @jacksonmulligan 4 роки тому +25

      Sounds like Saturn needs some freedom and democracy 🇺🇸

    • @chrissytheconqueror7049
      @chrissytheconqueror7049 4 роки тому +1

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

    • @masonator232
      @masonator232 4 роки тому +6

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

  • @wherebandshaman
    @wherebandshaman 4 роки тому +71

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

  • @CraftAero
    @CraftAero 4 роки тому +48

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

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 роки тому

      yummy. Any fires at the horizon?

    • @vinceellis673
      @vinceellis673 4 роки тому +2

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

    • @coasterexpert7501
      @coasterexpert7501 4 роки тому

      Western countries CAN produce oil. Middle east go REEEEEEEEEEEEEEEEEEEEEE

    • @alexanderchristopher6237
      @alexanderchristopher6237 3 роки тому

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

    • @coasterexpert7501
      @coasterexpert7501 3 роки тому +2

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

  • @jonathonlong5796
    @jonathonlong5796 11 місяців тому +9

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

  • @jfjoubertquebec
    @jfjoubertquebec 4 роки тому +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!

  • @quetzalthegamer
    @quetzalthegamer 4 роки тому +13

    The Kurzgesagt cameo is awesome. ❤️

  • @Praefetus7
    @Praefetus7 4 роки тому +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 роки тому

      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

  • @worsel555
    @worsel555 4 роки тому +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 роки тому +29

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

    • @worsel555
      @worsel555 4 роки тому +6

      @@densealloy I know, crazy, right?

    • @TheKiltedGerman
      @TheKiltedGerman 4 роки тому +2

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

    • @CockatooDude
      @CockatooDude 4 роки тому +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 роки тому +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.

  • @mr.ehellow1238
    @mr.ehellow1238 4 роки тому +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.

  • @robinblackwell8167
    @robinblackwell8167 4 роки тому +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 роки тому +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.

  • @gobokinje9183
    @gobokinje9183 4 роки тому +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 роки тому +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 Місяць тому

      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 Місяць тому

      @@cloudbloom /Necroposting

  • @mattbenz99
    @mattbenz99 4 роки тому +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 роки тому +1

      Nothing a war can't fix

    • @evanwong8748
      @evanwong8748 4 роки тому +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 роки тому +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 роки тому +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 роки тому +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.

  • @MrAmirkedar
    @MrAmirkedar 2 роки тому +2

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

  • @aaronbarry8446
    @aaronbarry8446 4 роки тому +1

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

  • @shotelco
    @shotelco 4 роки тому +21

    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 роки тому +2

      What happens if they ask you a question?

    • @donalny
      @donalny 4 роки тому

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

  • @EdSmith7464
    @EdSmith7464 4 роки тому +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 роки тому +3

      I'd love to see that

    • @Shenaldrac
      @Shenaldrac 4 роки тому +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 роки тому +1

      Aye nuclear especially with the newer thorium reactors should be good

    • @rogermwilcox
      @rogermwilcox 4 роки тому

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

  • @chrissytheconqueror7049
    @chrissytheconqueror7049 4 роки тому +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 UA-cam videos...?

  • @BrandonBDN
    @BrandonBDN 9 місяців тому +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

  • @michaeltuite5510
    @michaeltuite5510 3 роки тому +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.

  • @KC-Mitch
    @KC-Mitch 4 роки тому +105

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

    • @alveolate
      @alveolate 4 роки тому +6

      sadly, bernie has abandoned his flock...

    • @accessthemainframe4475
      @accessthemainframe4475 4 роки тому +2

      What time stamp?

    • @KingBobXVI
      @KingBobXVI 4 роки тому +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 роки тому +4

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

    • @aztecemperor1700
      @aztecemperor1700 4 роки тому

      @@krombopulos_michael charges at the state level

  • @XxDvorak1911xX
    @XxDvorak1911xX 4 роки тому +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 роки тому +63

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

  • @ColonizerChan
    @ColonizerChan Рік тому +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

  • @peterb8398
    @peterb8398 2 роки тому +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 роки тому

      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...

  • @pumpnix
    @pumpnix 2 роки тому +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!

  • @thetooginator153
    @thetooginator153 3 роки тому +3

    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.

  • @sambeawesome
    @sambeawesome 4 роки тому +15

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

    • @peyuko5960
      @peyuko5960 4 роки тому

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

    • @sambeawesome
      @sambeawesome 4 роки тому +1

      @@peyuko5960 I feel so betrayed D:

    • @jessicasettle1843
      @jessicasettle1843 4 роки тому +1

      Oh I totally did!!! You missed it!

    • @sambeawesome
      @sambeawesome 4 роки тому +1

      @@jessicasettle1843 The hero we need xD

  • @skullsked6119
    @skullsked6119 4 роки тому +2

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

  • @OnaRocketship
    @OnaRocketship 4 роки тому +1

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

  • @paulcooper8818
    @paulcooper8818 4 роки тому +17

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

  • @Redbeardblondie
    @Redbeardblondie 4 роки тому +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.

  • @sjsjsjwho8612
    @sjsjsjwho8612 4 роки тому +10

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

  • @kuritech
    @kuritech 2 роки тому

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

  • @mikelnomikos
    @mikelnomikos 3 роки тому +1

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

  • @crysanthiumvega
    @crysanthiumvega 4 роки тому +8

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

  • @Shenaldrac
    @Shenaldrac 4 роки тому +55

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

    • @k.c1126
      @k.c1126 4 роки тому +16

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

    • @cixzejy
      @cixzejy 4 роки тому +8

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

    • @lucofparis4819
      @lucofparis4819 4 роки тому +5

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

    • @LancesArmorStriking
      @LancesArmorStriking 4 роки тому

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

  • @waswerebeen11644
    @waswerebeen11644 4 роки тому +86

    1. There were several oil and gas wells in the US before Drake’s in Titusville, but his 1859 well launched the commercial petroleum industry, hence why Standard Oil was formed decades before Spindletop
    2. The difference between Sweet Crude (or Gas) and Sour Crude is not the amount of impurities that need refining. It refers to the presence of hydrogen sulfide or carbon dioxide in the vapors of the oil. Gas wells can also be called sweet or sour for the same reason. Typically the terms “light” and “heavy” are used to describe the density of the oil and consequently how easy it is to refine. Lighter oils require less cracking to produce gasoline and Diesel.
    3. Tetra ethylead is not the same substance as metallic lead the same way graphite carbon is not the same substance as carbon dioxide. TEL is toxic, but not the same way metallic lead is.
    4. Ethanol use in gasoline is only required by seven states: LA, MN, MO, MT, OR, PA, WA. Many states, especially in the Midwest, sell ethanol free gasoline as regular and not a premium. The use of ethanol is primarily driven by big agriculture and consumes a large amount of land to produce small amounts of energy (especially when the land could be used for growing food to export).

    • @aces92E
      @aces92E 2 роки тому +15

      3. You’re obfuscating, Tetraethyl lead is more toxic.

    • @foca7550
      @foca7550 Рік тому

      @aces92E he's being payed off by big tetraethy lead

    • @bookofthewarsofthelord9273
      @bookofthewarsofthelord9273 Рік тому

      Ethanol is a government backed policy that wouldnt exist naturally.

    • @waswerebeen11644
      @waswerebeen11644 9 місяців тому

      Actually I thought I was clarifying the claim that “Tetraethyl lead [is] simply lead”. To your point, you’re further clarifying that the two are very much not the same substance.

  • @Drazex
    @Drazex 4 роки тому +1

    As someone who works in the plastics industry, recycling plastic *is* profitable in the modern day. The demand in the plastics industry for recycled plastic currently outstrips the supply significantly. Recycled plastic is generally inferior to virgin resin, largely due to the impurities that are unavoidable (at least, unavoidable without expenses that would make the process unprofitable), but the available cost savings and perception of being green has made recycled plastics a major topic in the modern plastics industry, especially in the world of automotive.

  • @talos2384
    @talos2384 4 роки тому +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.

  • @cristianvillanueva8782
    @cristianvillanueva8782 4 роки тому +28

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

    • @PandemoniumMeltDown
      @PandemoniumMeltDown 4 роки тому

      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 роки тому

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

    • @rogermwilcox
      @rogermwilcox 4 роки тому +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 роки тому +4

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

  • @plot6520
    @plot6520 4 роки тому +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

  • @tacrewgirl
    @tacrewgirl Рік тому +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.

  • @krzysztofkwietniewski9100
    @krzysztofkwietniewski9100 4 роки тому +2

    05:20 Scientists also gave Nobel prize to the inventor of lobotomy. The power of hindsight is strong with you.

  • @Purumal1337
    @Purumal1337 4 роки тому +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.

  • @racewiththefalcons1
    @racewiththefalcons1 3 роки тому +18

    That Alex guy's argument is that fossil fuels are good because they have provided us with things that have increased our quality of life, but that _exact same argument_ can be made with green energy. I don't _need_ fossil fuels to heat or cool my home, I can do that just as effectively (and in many cases, cheaper) with solar power, geothermal energy, electricity, etc.

    • @pressftopayrespects6325
      @pressftopayrespects6325 2 роки тому +1

      Yes, but renewables (the ones you’re thinking about) aren’t nearly as good as some other sources, namely nuclear power.

    • @aces92E
      @aces92E 2 роки тому

      @@pressftopayrespects6325 Which is an argument for nuclear, not an argument against renewables and certainly not an argument for fossil fuels.

    • @pressftopayrespects6325
      @pressftopayrespects6325 2 роки тому

      @@aces92E Renewables require fossil fuels to be made and they don’t last long, and they aren’t very good at their job either. So yes, in a limited capacity, they could be used, but they shouldn’t be the dominant energy source for countries.

    • @aces92E
      @aces92E 2 роки тому

      @@pressftopayrespects6325 You realise what you’re saying is becoming less true as time goes on? The quality and efficiency continues to improve as a result of ongoing research.

    • @pressftopayrespects6325
      @pressftopayrespects6325 2 роки тому

      @@aces92E Assuming it will ever be possible without fossil fuels. Like I said, I’m not against it, but people need to know its place in not being considered as important as nuclear.

  • @d.h.9965
    @d.h.9965 4 роки тому +3

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

  • @philippstetter5611
    @philippstetter5611 4 роки тому

    This is one of your best videos yet

  • @davidpedracosta6057
    @davidpedracosta6057 4 роки тому +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.

  • @SebastianSeanCrow
    @SebastianSeanCrow 2 роки тому +3

    28:53 I love in a so-called first world country. Y’all remember the winter storm in Texas a year ago? I had to live through that. I have to do what I can to prepare for another. Climate change is happening right before my eyes in the last 6 years and each year is getting worse. It fucks with people’s health tremendously

  • @kellykerr5225
    @kellykerr5225 4 роки тому +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.

  • @gabrielvelasquez3807
    @gabrielvelasquez3807 4 роки тому +5

    21:35 I love how all my idols love Bernie. I see why they're my idol.

  • @lvilasboas
    @lvilasboas 4 роки тому

    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.

  • @hannah-6080
    @hannah-6080 Рік тому

    This channel literally rules

  • @itchy7879
    @itchy7879 4 роки тому +16

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

    • @emileebaker8520
      @emileebaker8520 4 роки тому +2

      I could get behind a Velveeta-based currency.

  • @JakeLikesTech
    @JakeLikesTech 4 роки тому +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.

  • @junit483
    @junit483 4 роки тому

    What everyone seemed to forget was the recycling campaign was a triangle. Reuse, repurpose, recycle. Recycling was meant as the final step since it could only reliably be done once.

  • @pazuzu6982
    @pazuzu6982 3 роки тому +2

    Love the Disney font when you put opec+ on the supply demand graph lmao