Alaska Is Losing Its Oil, Now What?

[@EconomicsExplained]

Take your personal data back with Incogni! Use code economics at the link below and get 60% off an annual plan: incogni.com/economics

[@nightmark2120]

@@user-tm1kb3fq4m Do you know which video he made to rank the USA? Please and thank you.

[@nightmark2120]

@EconomicsExplained can you link which video you ranked United States? Please and thank you.

[@Jay_in_Japan]

Alaska's not losing its oil. So why the video?

[@Roman_4x5]

Freedom degrees 🤣

[@anderschristoffersrensen1744]

What about river fishing, and mineral exctraction. There a plenty of videos of bears feasting on spools of fish, and the river might be navagble by light troolers and cannos, or other small boats. Catching the fish with small neets should be better, bigger neets in strong currents might unnecesseraly hurt or kill the fish. The small ones should be let lose so the can produce more fish.

[@---capybara---]

Hi! I’m working in Alaska as a petroleum lab tech, and have lived here for my entire life. It’s crazy to me to see an economics explained video about my state after following since 2020!

[@beyondeconomics]

Interesting thing about oil reserves, or any other reserves, is that they don't actually tell you how much of a certain thing there is, but rather how much of it is profitable, and more importantly, known to exist. As any resource including oil becomes scarce, and its price rises, companies spend lots of money trying to find more, and they often do. This is why we didn't run out of oil by the 2000s

[@geoms6263]

drill baby drill

[@johngalt97]

My father tells me that when he was in school in the 50's, the prevailing knowledge was that peak oil was already happening.

[@AL-lh2ht]

@@johngalt97 A lot of new tech apparend sense the 50's that allowed for more oil to be harvested.

[@andguy]

@@AL-lh2ht I think that's the point they were making. That peak oil production was believed to have been reached in the 50, new tech made that no longer the case. Similarly, we believe we've reached peak oil already now, but new tech may change that as well. Then again, at some point, regardless of new extraction technology, we will eventually reach a "true" peak oil at some point. Just knowing when that point is is impossible until it's passed.

[@RonLo]

​@@AL-lh2htNow there is fracking too which is more expensive, but we have the most shale oil.

[@Homer-OJ-Simpson]

Russia selling Alaska and France selling lands (Louisiana Purchse) were not actually bad sales for the selling party. In both situations, the selling party had no way to properly maintain control at costs that profitable to them. USA was going to take Louisiana Purchase lands eventually and Napoleon needed money at that moment due to war in Europe. Russia was also going to lose Alaska to either US or UK and Russia needed money due to costs of war (Crimean War IIRC)

[@benderbender-ij7ld]

The Crimean war was about a decade before the Alaska purchase, but the on-going Britain-Russian rivalry that eventually became 'The Great Game' was a steadily increasing threat. I also find it irritating when people call the sale of Alaska a 'blunder,' hindsight is literally the only thing that makes it so. While it's very unlikely that Russia was going to lose it's Alaskan colony to the USA -- due to the stable relations between them -- it was virtually inevitable they'd eventually lose it to the British empire. The expansion of the Hudson bay company up to the border, and the massive expansion of infrastructure in what would become Canada during the later half of the 1800s made Alaska an increasing liability. By selling it to the USA, Russia managed to improve relations with a power of growing influence, as well as getting a very high price for largely unexplored and inhospitable land of indeterminate value. They also managed to set up Alaska as a kind of buffer state, preventing the British from crossing it to interfere with their gold producing eastern states and their shipping. It was a wise move for the time, and it would have just ended up becoming part of Canada or Japan during one of the many wars that Russia lost in the latter half of the century if they hadn't.

[@ScrumpyWingnuts201]

​@benderbender-ij7ld Man, to be in that reality of Japan owning Alaska. 😂

[@edbardoe2195]

Oil production is down due to political environmental idiocy, there is a lot more oil for future exploration.

[@benderbender-ij7ld]

@@ScrumpyWingnuts201 It could have very easily happened. Great Britain explored the idea of an alliance with Japan in a time period then they were trying to keep from extensive foreign entanglements, and eventually dropped it out of this nervousness. If Japan had more quickly dropped their own isolationist tendencies and leaned more heavily into this British relationship, as well as the wider British sphere of positive relations at the time (such as the USA and eventually France), the Japanese Empire might have taken a less racist tone, and it might today control not only Alaska but all of eastern Russia and/or a fair piece of northern China.

[@Homer-OJ-Simpson]

@@edbardoe2195 oh got it, the environment doesn’t matter to you. Bet u think global warming is made up?

[@erf3176]

Alaska, like Hawaii, suffers a lot from added shipping costs created by the Jones Act. It really hurts their economies and the people who live there. With every other day in the US congress coming down one or two votes to do anything, these two states have the leverage to craft exceptions to this law for their people. The Jones Act merely exists as a racket to keep a few shipping executives rich. And if DC wants to keep that law in place for the lower 48 to maintain a shipping industry for strategic reasons, maybe that's ok. But screwing over Alaska and Hawaii isn't. The thing is that if the legislators from those two states won't use their votes as leverage to help their own people for something so obvious, it seems pretty clear that they just don't care about them.

[@geoms6263]

Alaska, like Hawaii, suffers from white people arrival invasion

[@crowmob-yo6ry]

Protectionist policies help only an elite few billionaires at the expense of everyone else.

[@williamwells5915]

The Jones act needs to be repealed ASAP

[@adurpandya2742]

What state does shipping go to first? Based on that, a political party can be motivated to repeal it.

[@Br3ttM]

The point of the act was to protect a strategically important industry from being outsourced, but the result has been that lack of competition has caused the ship-making and shipping industry in the US to stagnate and become expensive. Direct protectionist policies almost always lead to inflated prices and decreased quality, but the public keeps thinking it is a good idea, since the average voter just ignores most side effects of laws that superficially sound good. Politicians who understand economics usually care more about funneling money to certain industries than the general economic success of the nation.

[@AxelEriksson-ds7vr]

A bit out of context, but I'd love to see a deep dive into Georgism in one of your future videos. It’s a fascinating economic philosophy with a lot of relevance to today’s issues like wealth inequality and sustainable development. I’d really like to hear your take on it!

[@hunterandhayden]

That chart at 0:54 got me, going 2018, 2023, 2020, 2021

[@ChoKwo]

Yea thats a massive error, enough that the video might need to be reuploaded. How did that get past the editor?

[@Scipiooipics]

@@ChoKwo I mean.. it's a typo. It's obviously meant to say 2019. Anyone who has read a chart before can figure that out.

[@hashbrown777]

​​​@@Scipiooipicsanyone who knows how graphs are made cannot ever just say "obviously it's a typo", it could be a copy-paste error in the data where the columns are genuinely out of order, making the resultant graph tell a very different story; it needs to be rechecked, not "corrected"

[@Scipiooipics]

@@hashbrown777 I would agree that it warrants scrutiny but, seeing as the value represented does not equal any of the values provided in any of the other columns in addition to the fact that 2023 isn't actually represented in the statistics provided, it cannot have been a copy-paste error. Furthermore, the source of the data is provided loud and proud at the bottom left of the screen in big text. If you aren't double checking your sources before coming to conclusions - then it is in fact YOU who are not doing your due diligence. (Not necessarily you specifically, hashbrown)

[@hashbrown777]

@@Scipiooipics i didn't say it wasn't a typo, I said you cannot say "it's obviously meant to say X [as] anyone who has read a chart...can figure that out" What you advocated for before actually checking the source was the opposite of checking the source

[@annatardlordofderps9181]

Alaska's drop in oil production has little to do with oil reserves but more due to regulatory and environmental policy imposed upon the states' oil producers and the advent of fracking. Which the states' enormous size makes it more difficult to replicate effectively. Alaska still has immense and untapped oil reserves.

[@MoralHazard-g1e]

That's baloney. I was part of the Exxon (pre-Mobil, pre-Valdez) team that started winding down our operations in the mid-1980s. That's when peak economically viable oil was already developed. That is an extremely hard and expensive region to develop. It was only because of the OPEC embargo of the late 70s that made it necessary and worthwhile. The cost of extraction for what's left, regardless of the regulatory concerns, just doesn't make sense anymore. Incidentally, it's not shale fields so fracking has no use there.

[@jimcronin2043]

The biggest problem is the banning of leases in ANWAR by the Biden Administration, hopefully to be corrected soon.

[@freeheeler09]

Hazard is right. Extracting oil in the Arctic and transporting that oil to population centers is very expensive. Add the external costs of pollution and our warming planet, and Alaskan oil is no longer affordable.

[@benderbender-ij7ld]

The best oil reserves that Alaska has that are fully explored and uncontested by other powers are in the Northern Artic offshore region, and Biden recently allowed drilling there. The remaining and highest potential reserves, however, are in the Bering strait and are highly contested by Russia. They are also not fully explored. Both the USA and Russia know that a good amount of oil lies there, but neither country knows exactly how much. There are theories that range from the moderate to potentially being greater than Texas, Venezuela or Saudi Arabia, and this creates a dangerous political climate. Russia seems to believe that it lies on the greater end, and has put great priority on the area, claiming it vehemently. Worse yet, the UN can't really provide a clear answer on it, as the potential oil reserves lie in both Russian offshore zones and American. For the moment, Russia seems to be content with the status quo so long as the USA does not exploit this oil field, as they have plenty of existing domestic reserves that remain untapped. If the USA were to force the issue through drilling however, the consequences could be astronomical. Especially considering that the area is highly vulnerable from a military perspective. Regulatory, environmental and indigenous peoples concerns exist, but they pale in comparison to the threat of world war. The greatest oil reserves in Alaska are practically beyond reach until the USA and Russia make amends sufficiently to cooperate on the project. The remaining inland deposits that remain fallow due to environmental and indigenous impact concerns are paltry by comparison.

[@Gizziiusa]

@@MoralHazard-g1e I was told personally from a fella who lived in Alberta that the shale oil industry was turn on, turn off. Meaning if the going price was high enough, they would produce. If it wasnt, they would shut down operations. ill assume Alaska does it similarly.

[@shoosterd]

Please make an Economics Explained video on Massachusetts! I’m particularly curious how the state compares economically to other countries, never mind other states in the US.

[@deanstyles2567]

Or West Virginia!

[@MrFilip121]

Losing not loosing

[@MattCombs-ge7ki]

Old English spelling

[@llynnmarks3382]

I archived this on the Wayback Machine and archive dot is to preserve the old title that had an error.

[@pizaclatonddd3081]

NERD🤓🤓🤓🤓

[@L17_8]

God sent His only son Jesus to die for our sins on the cross. This was the ultimate expression of God's love for us. Then God raised Jesus from the dead on the third day. Jesus loves you with all His heart ❤️ but the end times written about in the Holy Bible are already happening in the world. Please REPENT now and turn to Jesus and receive Salvation before it is too late.

[@De_Séchelles]

🤓

[@AdamAuxier64]

Connecting Alaska to the lower 48 by Rail is an absolute requirement, the fact all that oil wealth wasn't used to connect it better to the lower 48 is beyond my comprehension.

[@JR-jn8jp]

No kidding the rail link would be great. Also pipe that gas off the slope down to the rest of the state.

[@snazzyengineering]

They tried to make a rail line to Edmonton, but the government didn't want to play ball.

[@JimmyBoombox]

Did you forget the province of BC is in between Alaska and the lower 48?

[@JVinAK1291]

​@snazzyengineering I was really excited when that was announced, at least bringing it to Tok would be nice right now with all of the folks complaining about the trucks...

[@timpalmer7934]

I’m wondering if it would be possible to run rails through Forty Mile country. It sure looks like there’s a lot of permafrost there!

[@daltontruett5308]

as a Alaskan i agree with everything he said but its quite a beautiful state to live in and honestly don't feel the tensions of either a bad economy (relatively) or political differences at least for me. We just go on with life here it seems and its quite nice overall.

[@jb71488]

'freedom degrees' made me lol. 😂

[@elinope4745]

The F is for freedom

[@yeussean]

Lbs also stands for Liberties, not pounds.

[@andrewjgrimm]

Lot easier to spell and pronounce!

[@nightmark2120]

@@elinope4745 Do you know which video he made to rank the USA on the leader board? Please and thank you.

[@elinope4745]

@@nightmark2120 "The Monolithic Economy of the U.S.A"

[@answerman9933]

12:37 The Unemployment Claims map has too many shadings of the same colour. It should use fewer gradations, or just use a different colour for each gradation.

[@frankhoffman9329]

Thank you for responding in a side note within this video to a question I had previously asked. That was very considerate of you.

[@benwade2628]

I live here and can recognize almost every place, at 4:45ish you showed a photo of Patagonia

[@ronmoran9332]

Cold, remote, what's the difference besides the 13,500 km which separate these two places apart?

[@nightmark2120]

@@ronmoran9332 Do you know which video he made to rank the USA on the leader board? Please and thank you.

[@benwade2628]

@@ronmoran9332 might as well just show pictures of your bed then

[@ronmoran9332]

@@benwade2628 Touché 😅

[@travisfriesen7971]

Thanks for doing this video. I live in Alaska and it was informative even for me.

[@williamkneen1949]

It's not that Alaska is running out of oil. There's so much oil that is accessible and viable to be explored, but they do not have the desire to explore it because of political pressure. And the state has had so much money up to this point that they have no incentive to do it.

[@princemc35]

Maybe he should've said running out of ways to get oil

[@benderbender-ij7ld]

That's debatable, as much of Alaska's unexploited oil reserves are either unconfirmed (postulated by geological scientists but not actually explored) or highly contested by hostile nations like Russia and China. There are some explored deposits in the uncontested economic zone offshore in the north that Biden recently allowed drilling for, but the potentially richest deposits are in the Bering strait. Not only are these only partially explored -- there's definitely some there, but neither the USA nor Russia knows exactly how much -- but actually exploiting them comes with enormous risks. While the USA has the greatest settlements near them, Russia claims them, and any facility built there would not only come with an enormous risk of war, but could be easily and quickly occupied by Russia if they chose to.

[@freeheeler09]

The likely case is that we are approaching peak “cheap” oil. We can always drill down another few thousand feet, or dig up tarrier sands, etc. But that costs more money. And, the human population is rising and developing countries are seeing rates of fossil fuel use increase far faster than population growth. Add to this the fact that the fossil fuel-caused climate crisis is growing worse. The negative, economic impacts of the climate crisis now outweigh the positive effects of burning fossil fuels. The era of cheap fossil fuels is over.

[@snazzyengineering]

@@freeheeler09 Not true! They haven't even started much in Willow. Production on the slope is going up, not down.

[@matt45540]

Fracking has been oversold, it doesn't last as long as they thought and doesn't produce as much either. The fossil fuel industry is being kept alive through subsidies, And we need to stop thinking the gas should remain a $2 a gallon forever infinitely regardless of inflation. Cheap oil is dying​@@snazzyengineering

[@LumumbaKamguia]

At 0:10, why is Rhode Island ranked below North Dakota if it's GDP is higher?

[@Myrtlecrack]

If you want to move to Alaska and live an urban lifestyle like in Sydney or New York you will be disappointed. Food prices, and prices for most manufactured goods are high, but many Alaskans do not depend on major industries for a conventional living, many live off the land. Most parts of Alaska where people live have enormous opputunities for fishing and hunting, which off-sets the cost of imported food-stuffs. Alaska can't really be rated against other parts of the world, or even against other US states because of the unique lifestyle many residents have there.

[@chickenfishhybrid44]

It should be kept that way.

[@binx2smooth]

Add to the hunting and fishing things like gardens, wood heating, well water or surface water for drinking, self-built homes (e.g., log cabins), and so forth, and the "market basket of goods" is even less comparable. In other words, there's a lot of resources outside the market economy. An added positive to goods you produce for yourself is that they aren't generally taxed!

[@89joshuadavies]

Sounds exhausting tbh. Most people work specifically to increase luxury.

[@Myrtlecrack]

@@89joshuadavies Some people like quality of life over ease of life.

[@arkbien9303]

We don't want what the lower 48 has. We don't NEED the pollution and awful people that plague the rest of the main land.

[@damian99669]

I was born and raised in Alaska, but left for the navy in 2003. The economic situation made me decide not to return even though I loved living there.

[@MarcKSmith]

Fun fact: when Alaska became a state, 57% of its food was sourced internally. Things changed when it became cheaper to import food than to grow it locally (think container ships, etc.). That, and food preferences have shifted from prepping in the kitchen to processed foods from factories.

[@AKPakrat]

Oh...thats right! Back when there were 150000 people in the entire state and half of that was subsistence living natives........

[@JVinAK1291]

Shutting down the pebble mine plan and closing areas to oil was super helpful to the economy

[@wisamal-kinani6315]

It sounds a lot like Northern Canada.

[@larryhernandez769]

Very Interested : I grow up in Fairbanks Alaska USA... Educational. Thanks

[@ericlane3256]

Being a service member stationed there, in the summer, it’s just awesome. But I can’t imagine the cost of living when you have to pay for those things yourself.

[@redd8505]

Might consider doing one about Springfield, Ohio. Explaining why a small city of 60k would have 20k Haitians added to the population in a short time. Experiencing a lot of headaches. Not the news focusing on rumors and fake vids.

[@rharris22222]

Economics Explained: Home of the best disclaimer on KZbin.

[@JoelReid]

North West Australia is very similar in economic issues... minus the cold issue.

[@ren4issance-754]

I’d say > 95% clicked on the notification ready to comment on how it’s “losing” and not “loosing”, only to realize everyone thought the same thing and they’ve already corrected the title.

[@Raven74947]

There's plenty of oil left here. The leases are left undeveloped because the oil companies are waiting for us to drop the tax rate basically. And fracking is producing cheaper oil at the moment.

[@ajfcrew2858]

Who saw the title get edited from loosing to losing

[@holybanana2376]

Virginia case study please. May be interesting to analyze the impact proximity to national capitals has on an area.

[@AndrewMann205]

Alaska is a huge state that is full of natural resources. It is only running out of groups that are allowed by the government to extract the resources there.

[@richardrymer9575]

Lol. Love the deadpan Freedom degrees drop.

[@FalloutUrMum]

You should do your next video on the most important state in all of the Carolinas, North Carolina.

[@drunkenzer0]

Watching this as a fly in worker in mining lol. Taking my wealth to the lower 48. Beautiful state, but gee winter sucks here.

[@yeussean]

Freedom degrees! Never heard that one. 🇺🇸

[@Dosenwerfer]

You calling Fahrenheit "freedom degrees" is the best part of this video!

[@masonm600]

Between this and Nate Silver doing a deep dive on state polling today, Alaska is having its time in the sun!

[@SpidermanandJeny]

You didn't mention ANWR. Seems like a massive miss.

[@adityabohra1482]

But got so much engagement with one 'o' genius move 😎

[@joelickteig5540]

I feel obligated to ask if you all would consider doing a video on my home state of Iowa. It produces a massive amount of agricultural products and has a large manufacturing industry. Plus as mentioned in previous videos the majority of energy is produced by wind farms.

[@MrOvipare]

4:40 Why the stock footage shows Torres del Paine when we are talking about Alaska? XD

[@Ryfael]

He's Australian

[@DavidTonner]

Thanks!

[@imissarthurmorgan2448]

Hi mate - could you please make a video on Draghi’s plan for the EU. Would love your view!

[@marklandwehr7604]

BS Alaska has much more oil ,in alaska is a place called Naval Petroleum Reserves A,it's 23 million acres untouched , it's a proven oil Reserve ,Alaska has a $hit Ton of oil That has not been exploited

[@melquisedecrivers-suarez4618]

The current oil 🛢 spot (specifically)is running low ,not Alaska the state

[@JackWoolsey-w4d]

What does the crisis unfolding in Eastern Europe have to do with gov. Funds going to Alaska?

[@gracefulassassin6845]

For a state losing oil, you sure did a good job of never telling us how it's losing oil

[@nekhumonta]

They forgot to turn down the thermostat.

[@wertywerrtyson5529]

Alaska is the home of Hawkeye from Airwolf and Solid Snake from Metal Gear Solid. Thats about what I know. A place were people with a lot of baggage go to live far away from it all. If the Gulf Stream ever collapse then we here in Scandinavia would get a similar climate. I remember my mind being blown when I went to Canada and realized that the cities are as far down as Germany yet it could be colder than in Sweden.

[@guerral9840]

Wow cool you'ee composed there 🎉🎉🎉

[@kjyost]

Quality use of the Mercator Projection. 😂

[@parker9012]

Never thought I'd see my home state on the ee leaderbord!!

[@Krommandant]

Natural resources should pay for the national debt

[@alexng704]

Alaska managed to keep 700k population is quite impressive given its location. Look at its neighbours, Canada and Russia and see how many people do they have at this latitude

[@khukri_wielderxxx1962]

I work up here on the north slope in the oil fields. We find new reserves ALL the time. We are expanding older fields due to new discoveries made in just the past few years. We aren't running out of oil anytime soon.

[@pin65371]

There is also talk of either building a rail or a pipeline from Alberta to Alaska to start shipping Albertas oil out from Alaska. Our current government in Canada is making it as difficult as possiblbe to export our oil through Canadian ports so Alberta and Alaska are just looking at working with each other to use Alaska as an export hub. Rail would br a good option since they could use it for other cargo such as food which could help bring down costs for Alaska.

[@khukri_wielderxxx1962]

@@pin65371 I heard of something like this. I'm wondering why they don't go from Alberta to North Dakota, and if I remember correctly there were plans to do just that but it was shot down

[@JR-jn8jp]

All the parrots repeating the "running out of oil" line have no clue what is going on in our state.

[@ChoKwo]

5:00 Alaska's population is not dwindling? It has some of the largest census-to-census growth of any state. Only recently the estimated 2023 population matches the 2020 population, but that's an estimation. And does not indicate dwindling

[@Raven74947]

Going by the housing market and the abundance of out of state license plates. I would say lots of people are moving up here recently. Why florida though? So many people from Florida showing up over the last year or two. It's a bit puzzling.

[@ImOnGearSoWhat]

@@Raven74947Most move up north for better paying jobs from what I heard.

[@Raven74947]

@@ImOnGearSoWhat much higher cost of living though. But if you're just here for summer I suppose it would be good enough.

[@davidnicholson6680]

Alaska is not "losing its oil" in any way. As your own chart shows, proven reserves have more than doubled in just the past few years. It's more that (for better or worse) environmental regulation has curtailed production. The state still has massive untapped reserves, and that's just what's known. There are also massive oil fields under protected lands in Alaska, a political debate about what to do there has been raging for years. The state also has absolutely huge deposits of valuable rare earth elements, gold and cobalt all of which are largely untapped today. As mining technology improves, these resources will come online. Long story short, Alaska has a considerably brighter economic future than this video would lead you to believe.

[@haweater1555]

In 2022, Alaska's dairy farming industry collapsed when the only State Dairy Inspector was laid off and the single remaining commercial-scale farm stopped milking due to not being able to compete with other industries for needed labor. In 2023 a new dairy farm opened with 40 cows being milked by automated robot. The vast majority of milk and dairy products consumed in the state are (expensively) shipped in from the Pacific Northwest. Similar situation with America's other outlier state, Hawaii. There, the formerly vibrant dairy farming industry collapsed in the early 1980s, due to scandal of cows being fed by-products of the fruit growing industry (pineapple rinds, etc) that had been sprayed with pesticide chemicals that might show up in milk. The state is down to a single small farm and artisinal organic cheese producer. The remaining milk for a million + people is transported from the mainland by air (expensive) or ship (non-fresh).

[@LeviRobinson270]

Success seems to be connected with action . successful people keep moving . They make mistake ,but they don't quit .The stock market has plenty of opportunities to earn a decent payouts, with the rigIht skills and proper understanding of how the market works.

[@MrsWhite390]

Assets that can make one successful in life

[@MrsWhite390]

I. Forex 2.Stocks 3.Shares

[@Olivia419]

​@@MrsWhite390You are right.

[@Olivia419]

But I don't know why people remain poor due to ignorance

[@Olivia419]

The world is gradually moving out of the I work for my boss era, and people who choose to be entrepreneurs are highly securing a brighter future for themselves..

[@souravjaiswal-jr4bj]

Cheap gas, land and colder climate is ideal for an AI data center.

[@iVETAnsolini]

Remote location, but too close to Russia

[@dogsbecute]

@@iVETAnsolini lol the russian side of the straits is probably less inhabited than alaska

[@lowelldolney2986]

Lack of power infrastructure (electrically an Island) and poor Internet infrastructure actually makes it really bad for data centers.

[@Seastallion]

​@@lowelldolney2986 That's not unsolvable, complicated, or particularly hard to do. It would just require investment in some infrastructure.

[@zibbitybibbitybop]

​@@Seastallion Most of the challenge with that would be with power generation, since data centers eat an extreme amount of electricity. Nuclear is perfect for the task, but lord knows if the Alaskan govt would be able to get the environmentalists to shut up long enough to build it.

[@christiannipales9937]

Freedom degrees earned you a like

[@venerass_]

I really like your content! If possible, try speaking a little slower for your non-native English speakers 🥺 I have to rewatch a lot of parts to make sure I understood. Btw you’re the only creator that I have this problem 😅 Much love!

[@joshuagenes]

With the relatively cheap geothermal tech that is being developed they could use the combination of the cold and the electricity to run large server farms and can pump the heat into buildings and green houses.

[@benderbender-ij7ld]

WHAT THE FREEDOM IS A CELCIUS!?

[@KwaserIGuess]

Better than Fahrenheit Celsius🤜 Fahrenheit

[@bigsarge2085]

Interesting.

[@nathenzavada]

I would love to see a video about Ohio (my home state) or the revitalization of the Rust Belt states!

[@benying9310]

What’s the video that explains the US ranking?

[@Zenas521]

The only thing Alaska is losing is access to the oil. It still has plenty, it just not allowed to get to it.

[@FerrisLedbetter]

Preach.

[@freeheeler09]

And, as you have to drill deeper and deeper to get to oil, you reach a point where extraction is not economically feasible. Add to this, the increasingly expensive climate crisis. I when you add the external costs from pollution and global warming of burning fossil fuels, burning fossil fuels becomes less snd less affordable.

[@arkbien9303]

​@@freeheeler09there's that, and there's the fact that Alaska is huge. It's a full third of the size of the continent United states.

[@JR-jn8jp]

​@freeheeler09 your comment shows you do not live here...deeper? No it is the federal govt is restricting access and disincentivizing the investment to produce more.

[@Zenas521]

Gave you the 1k like.

[@commissarcarr2463]

Oil production only has peaked because of Government Environmental limitation on development of oil fields and amazing rare earth elements mine sites. Done 1970s environmental regulations have ballooned right after Alaska completed its pipeline. Such a waste.

[@SeptemberMeadows]

I so can't wait to move there! 🥰

[@ez4039]

They’re nowhere near running out of oil. Wildlife preserves prevent them from drilling

[@someoneelse4492]

That was hilarous! Funniest one yet. Especially the bit about nothing stopping the funding from the US federal govt. lol

[@ktms1188]

ANWAR is not running out of oil, there's actually mass amount still untapped. Regulation is stopping it.

[@wcurtin1962]

Oil isn't running out, production is being restricted by the government.

[@omarmohamed51]

Could you make more us states? If you do all of us states would be amazing

[@spotless1127]

4:12 Kee-nai

[@moisesdc1]

Its *

[@pizaclatonddd3081]

NERD 🤓🤓🤓🤓

[@moisesdc1]

@@pizaclatonddd3081 😂

[@j2174]

The Northwest Passage specifically goes THROUGH Canadian territory. The Americans tried to F with Canadian sovereignty by going through it without Canadian consent, and the Canadians had to bail them out with their ice breakers.

[@davidnadel9679]

The federal government owns most of the land and Democrats do not allow Alaska to develop their natural resources.

[@sushiomelette]

Kenai pronunciation = kee-nai, emphasis on first syllable

[@theorderofthepurplephoenix3321]

What do you think the optimal size for a “country” or area with shared currency? Is it better to have a large nation like the US use one currency or is it better to have smaller countries each with their own currencies? The smaller countries would probably be less stable because if something happens to the small area the whole currency collapses, but on a local level countries like Greece have been hurt by the euro.

[@Alaskafamilyman]

Alaska still has plenty of oil, unfortunately its development and extraction is burdened by out of state groups who don’t want us to develop more oil fields. It’s taken years for ConocoPhillips to litigate with radical anti-oil development entities, both private and federal government, to finally begin the Willow project. Great video BTW, it was full of conjecture, half-truths, and plain old ignorance. Keep up the good work of discouraging the Kalifornicator’s from coming up here and shitting on everything.

[@michel1060]

Please reduce your talkingspeed a touch. this will make your content even better.

[@Welkon1]

Let’s be honest, there’s plenty of oil still under Alaska but it’s just difficult to survey and pump it out

[@masatem]

I'd like to see an analysis of Nevada and Utah

[@Arcticstar0]

Wait, incogni works for Aussies? Last time I looked up them and their competitors, no one worked in my region.

[@mikea5745]

Is that person on the left drowning at 10:23?

[@cosmo6600]

😂

[@Archemideez]

life on the sea is rough

[@Da__goat]

It is not losing its oil. The region has abundant brutal resources, the current administration has denied drilling and exploration permits to fund new operations.

[@Strykenine]

8:56 should be _Arctic,_ not Atlantic I think.

[@lastrabbit6139]

If Alaska was not restricted by federal laws that most locals believe to be too restricting, we could sustainably produce more fish, crab, lumber, and oil. (Edit: oil is not sustainable.)

[@robhaythorne4464]

Alaska is not running dry. There's the whole Alaskan National Resereve up there waiting to be tapped.

[@Da1its0Uf8oma]

What happened to global warming that would have melted all the Arctic and Antarctic ice sheets by now?

[@---capybara---]

Still here pal, we have some villages that are sinking in Alaska because of the melting permafrost, and Russia is refocusing for the opening of arctic ports.

[@Da1its0Uf8oma]

@@---capybara--- got it. My apologies, if this hurt you in any way. It is difficult to lose your home and native place.

[@nathanstevens2664]

You lost me at the obligatory climate change reference (again). Otherwise great content

[@josephmccoy6685]

We can just make bio diesel, it's better for the environment, better for farmers, and better for the engines

[@frozenchozen]

South Carolina!!!

[@littleking2565]

that mid-interjected ad throws me off everytime

[@arthurduncan3636]

Do Washington next