"The Stone Age didn't end due to lack of stone, and the Oil Age will end long before the world runs out of oil."

@CSBSIRIKIVENKATASIVASURYASAI

4 жыл бұрын

Elon will make it happen

@user-zg2kr6ph9z

4 жыл бұрын

@@CSBSIRIKIVENKATASIVASURYASAI XD

@jamesretreat

3 жыл бұрын

Naive

@mikelooby8362

3 жыл бұрын

Certainly the other essential element required for this form of energy allthough slowed renewable will become exhausted to render it ineffective for energy. Renewable forms of energy also requiring this eliment will also become almost as equally ineffective or as ineffective as it could become more available as the other essential element .

@ahmadelaiwat4234

3 жыл бұрын

we still use stone

Absolutely Brilliant

1:31 what does russia and saudi arabia doing with that much oil consumption? They even don't have any industry. Germany consumes less than these two countries?

@coasterexpert7501

3 жыл бұрын

Its because they are super wasteful with oil unlike in the rest of the world where it is a scarce resource.

@Faisal-tc4ih

2 жыл бұрын

The biggest consumer of oil is America😂

@jerrycallo

Ай бұрын

@@Faisal-tc4ih and their biggest industry is technology. They've all but closed down and exported industry which you would expect to consume a lot more energy than a bunch of IT people sitting writing apps, developing semi-conductors and watching server farms. By hey we have to use all that electricity so we can have the server farms to update our face-book status.

and today 20/04/2020. the crude oil price is -ve.

I wonder if the U.S. could produce the same 20% of oil it buys through OPEC but domestically? Would OPEC control be reduced in the U.S. The conversion to renewable in the U.S. is going to take a long time. I don't know how much longer we can take this pain.

@mustangdemon87

Жыл бұрын

We could but they won't because they would loose money. Cheaper to buy and resell then produce and sell.

@n1kkri

Жыл бұрын

At one time oil was so cheap the oil companies were not making enough to make it worth while. Price did go up and leveled off still significantly lower than it is today. The way things where going under Trump we would be selling oil to the world. Now we beg on both knees for oil. Something is wrong here. If it were cheaper just to buy then why do we need President Biden's day 1 Excutive Orders on Oil and Gas drilling and exploration?

What is gold and silver age

10月2日から授業に参加します。

Did anyone notice the gas rising up in prices in the background at 1:19?

40percent of world oil production 80 oil reserve...makes OPEC relevent in 21st century Vienna Austria twice annually to control the price through deliberation USA shell oil & Other clean alternative could influence the prices of oil...bit demand and supply plays the major roll in influencing prices... OPEC still relevant!

@n1kkri

Жыл бұрын

Time to start pumping more domestic oil by demanding we remove Bidens Executive orders

@jerrycallo

Ай бұрын

OPEC is definitively relevant (any monopoly would be) but it's supply, not demand that controls prices (As with any monopoly). The demand side control only exists if you can live without the product.

if dependency on oil reduces .. then we can lead better life on earth.

대기.

@user-hf7bs1oc6i

4 жыл бұрын

요약좀요

@jimmykrookz8595

4 жыл бұрын

No

@anwarm2029

3 жыл бұрын

OPEC President Says, Oil Market Rebalancing Still a Danger www.dailystockmarketnews.in/2021/03/opec-president-says-oil-market.html?m=1 OPEC other key exporters, for example, Russia a grasping named OPEC+, meet on Thursday and are required to examine permitting as much as 1.5 million barrels each day (BPD) back into the market to address request prone to be opened later in the year as immunization programs accumulate pace.

I hope Im still alive when the time comes that we're more dependent on renewable energy than fossil fuels.

@plendafuture7451

6 жыл бұрын

Carlo Hije you will be if you live to see 2040 . The third industrial revolution will set in by 2030 look to Germany for innovation in renewable energy technology breakthrough .

@aminkabuli9415

5 жыл бұрын

Sorry to break it to you but you will be dead so long that your body have already become fossil fuel.

@stavmiguel1125

4 жыл бұрын

Hence why they bury your ass. I'm taking the viking way out. On a raft made of wood covered with different floral, then cast out only to be shot with an arrow that is on fire.

@vehement-critic_q8957

4 жыл бұрын

Renewable energy has its own cons also, it's more expensive and it interacts with the elements whether it is positively or negatively.

@corgiwhisper

3 жыл бұрын

Are you alive

If I was an oil company I would be opaque on where it is headquartered unless it's majority government owned like Russia and Saudi. Because these countries actually have oil in their own territories

Why all oil importer countries doesnot come together and form like opec because oil pumping cannot be stop storage will full so if opec increase price they all stop buying

@abdulsd2268

Жыл бұрын

Because the producer is the one who decides

Equador is left recently

How many barrels of oil does the U.S import every month?

@jessieshepherd9487

3 жыл бұрын

2:56 300 Million barrels per month

Which country has the largest oil reserves in the world?

@daposophos

2 жыл бұрын

Venezuela

@zoroaniki8555

Ай бұрын

But sadly their country having hyperinflation. Money for nothing ​@@daposophos

Qatar aint there anymore....

@YujiroHanmaaaa

4 жыл бұрын

Why? Qatar run off oil?

@WPaKFamily

3 жыл бұрын

first time I've heard a muslim say aint

@yacineabelharrachi5888

3 жыл бұрын

Still in it

대기고 1학년8반

@user-br2cx4ws6j

4 жыл бұрын

이이이이이잉

@jimmykrookz8595

4 жыл бұрын

No

Reduce Iranian oil 500000 gallons. 60 days. "Your girlfriend is screaming."

0:33 there's that one lonely country xD

Man is Jeongsi.

So it exists basically to create a monopoly so that it can fix prices.

The US imports oil so that it doesn't have to deplete it's own reserves. I don't think it's much more complicated than that, the unfortunate effect is that the US population will not benefit from lower gas prices no matter how much oil it discovers. Fracking has produced localized reduction in natural gas pricing, but not in proportion to what it produces. It's all carefully controlled to keep prices where they are. They just throw the public a bone every now and then to prevent a "peasant uprising" for gouging.

I thought cartells are illegal.

Well from a guy that’s 50 years old and lived in the USA, his whole life. One thing I can tell you is every time we get a democrat president in office prices shoot up to 5 , 6 dollars a gallon. So vote Democrat get high gas prices and with all love as someone will say no that’s not the reason OK pal

Oil

@areallybadname9701

3 жыл бұрын

True

@hasanpasha01

Жыл бұрын

Fact.

Vienna

대기고

@user-hf7bs1oc6i

4 жыл бұрын

요약좀요

@jimmykrookz8595

4 жыл бұрын

No

Daykey highschool

What happens when Human right is violated ? Who pays?

25-50 years

Lies lies lies yeah... OPEC is just a diplomatic front for big oil. - There are no shortages.

300,000,000 barrels of 🛢

Not your every day Joe, Arabia?

java global

And now oil price immediately drop even negative, LMAO 😅

@yacineabelharrachi5888

3 жыл бұрын

What you talk about is the us oil dump

@hasanpasha01

Жыл бұрын

What

🤣🤣🤣🤣🤣🤣🤣

@maxwulz9283

4 жыл бұрын

Joo

algeria

노무현

@jimmykrookz8595

4 жыл бұрын

No

Supply and Demand the real reason for poverty!

what is OPEC? a dying entity in its last throes of life.

107 comment

Bicycles public transpotation walking

migas export inport world.

How corrupt is this, and is this on the Stilt

OPEC has no desire to keep oil prices low. Because we have a weak President that won’t do anything about it.

@MmC-vn1mf

2 жыл бұрын

Cry harder, maybe the price will drop😂

OPEC Fahli King Shah Salman. Pakistan economic that fast Nauman Khan job posibal at after credit give. OPEC. Presidant Nauman Shah

Mafia

This video aged badly

Cnn shouldn’t explain anything to anyone