Energy crisis: what can 1973 teach us?

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The Economist

The Economist

Күн бұрын

Пікірлер: 482
@fullhalfadder
@fullhalfadder Жыл бұрын
Doesn’t matter what anyone teaches us, we humans will never learn.
@gokulkrishna4011
@gokulkrishna4011 Жыл бұрын
Then y do people send them to school
@Write_me_on____The_Economist01
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@guydreamr
@guydreamr Жыл бұрын
Categorical statements such as this are totally ridiculous.
@stevefromsaskatoon830
@stevefromsaskatoon830 Жыл бұрын
Speak for yourself
@reginafefifofina
@reginafefifofina Жыл бұрын
Also worth noting the difference in population was 3B compared to the current 8+B and the energy required to meet the needs of that many!
@cumulusterraticus3446
@cumulusterraticus3446 Жыл бұрын
Regina 🤔 Humans in action without real connection.!😒
@anpsver09
@anpsver09 Жыл бұрын
And fresh water is becoming the new gold coin
@reginafefifofina
@reginafefifofina Жыл бұрын
@@anpsver09 fortunately nestle has our back and Coca Cola- maybe smartwater, they seem to know a recipe for making it?
@SquizzMe
@SquizzMe Жыл бұрын
What it really shows is how accustomed humans have become to the conveniences and luxuries that energy brings us. So much so that we've allowed others to weaponize it against us. And we think it's a "right" that we're owed.
@Write_me_on____The_Economist01
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@petercrane2560
@petercrane2560 Жыл бұрын
Yep..we've sold out to convenience mate!!!
@Jonpoo1
@Jonpoo1 Жыл бұрын
Jimmy Carter tried this line and lost an election. When looking at energy policy you have to assume maintaining American levels of consumption.
@gunsofaugust1971
@gunsofaugust1971 Жыл бұрын
@@Jonpoo1 And Americans have only grown fatter, more entitled, and stupider since then.
@BlackMamba-lt8oe
@BlackMamba-lt8oe Жыл бұрын
🤣🤣🤣🤣 Americans cannot survive without airconditioner
@aaronlim13
@aaronlim13 Жыл бұрын
Crisis always starts from greediness, jealousy, hunger and revenge.
@garrettreynolds9145
@garrettreynolds9145 Жыл бұрын
The truth.Why is there no report done on this? Shell gross profit for the twelve months ending September 30, 2022 was $99.493B, a 81.02% increase year-over-year. Shell annual gross profit for 2021 was $72.5B, a 79.66% increase from 2020. Shell annual gross profit for 2020 was $40.354B, a 42.62% decline from 2019
@ketsan
@ketsan Жыл бұрын
And their costs?
@thereap5348
@thereap5348 Жыл бұрын
@@ketsan -->profits not revenue
@Fellowtellurian
@Fellowtellurian Жыл бұрын
@@ketsan Profits = revenue - cost
@Fellowtellurian
@Fellowtellurian Жыл бұрын
The other question is with these record profits and knowledge of the climate crisis since 1970 (53 years) what has it done to invest in renewables? Shell talks the talk but doesn't walk the walk. Their non fossil fuel investments are like 1.5% of their profits. It's abysmal.
@Fellowtellurian
@Fellowtellurian Жыл бұрын
The Inflation reduction act and infrastructure bill both helped fund recarbonization assistance at the consumer level. The government now gives homeowners 6k for replacing gas and oil burners, 3k for electrical panel heavy ups, 2k for electric vehicle charging station installations and several thousand for solar rooftops. Thats JUST grants, not even the tax write offs. If you hate SHELL, ditch SHELL. Also, if you want a fossil fuel free transport option better and more flexible than electrified public transportation, look at the Energica Ribelle 100% electric motorcycle. Can park it anywhere, never pay for gas, never pay for parking and never again do I have to visit a Shell gas station.
@muhammadomer5301
@muhammadomer5301 Жыл бұрын
Energy is a weapon like media and global financial institutions
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@ssuwandi3240
@ssuwandi3240 Жыл бұрын
Economist used to be a respected unbiased independent publication. Energy crises is the outcome of collective West sanction and Green energy car crash transition
@A3Kr0n
@A3Kr0n Жыл бұрын
We had 50 years to get something done scientists said. That was 50 years ago.
@00FireFlyer00
@00FireFlyer00 Жыл бұрын
same with global warming. ppl knew it for decades did nothing and soon its gonna be too late to wake up
@gustavoledezma9373
@gustavoledezma9373 Жыл бұрын
It should have taught us not to elect mediocre and corrupt polititians to handle it, but … give the people what they want!!
@theconfusedphilosopher4724
@theconfusedphilosopher4724 7 ай бұрын
People chose to buy huge land yachts then accuse OPEC and Big Oil of gouging them.
@MapleovBacon
@MapleovBacon Жыл бұрын
The world is heading toward the Fallout universe: energy crisis, wars over energy, nuclear fusion, potential chinese threat, and a slow-burning recession.
@quintiax
@quintiax Жыл бұрын
I tend to disagree, we've had serious destabilisation before. Look at the preludes to WW2 for an example. It's nothing the West can't handle; we've been there before and we overcame it before.
@pyujeh6207
@pyujeh6207 Жыл бұрын
There's a slow-burning recession in the Fallout universe?
@MapleovBacon
@MapleovBacon Жыл бұрын
@@pyujeh6207 might've been a steeper recession, I gotta check the lore
@BlackMamba-lt8oe
@BlackMamba-lt8oe Жыл бұрын
@@MapleovBacon who cares of the world
@assacam5747
@assacam5747 Жыл бұрын
Need to add competition for food and land pushed by changes in climate. Should be interesting
@terramater
@terramater Жыл бұрын
And the question that always comes to our mind is: How about nuclear energy? It seems to be the answer for our future for many. Our crew recently prepared content to explain why nuclear might be the answer, but there are many complications around it before we can fully embrace this solution.
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@tnsolberg
@tnsolberg Жыл бұрын
Thorium Nuclear power is a reasonable source of energy. From what I have researched.
@gzcwnk
@gzcwnk Жыл бұрын
No nuclear energy is not the answer. a) its massively more expensive than any other generation in the order of 10x solar. b) It cant be built to scale as we lack the skilled manpower and time to meet Climate change needs. c) u235 supply is limited so it aint going to fly.
@anteeko
@anteeko Жыл бұрын
Nuclear is absolutely part of the answer, although it takes decades to ramp up production.
@Ratgibbon
@Ratgibbon Жыл бұрын
Russia has the biggest uranium enrichment capacity, to build it up in the West would need time. Kazakhstan is the biggest producer of uranium, Russia marched in there a few years ago when there was some turmoil in that country. Nuclear reactors need radiation hardened alloys in their core which requires exotic metals. That'd create bottlenecks like what we see today with cobalt and Li-batteries for example. Yes, nuclear is going to be an important energy source in the future, I have no doubt about it. But it won't be "The Answer" to our future energy needs. Instead of trying to find a silver bullet solution we should rely on a diverse source of (relatively speaking) clean energy in my opinion.
@charliebarton
@charliebarton Жыл бұрын
Why does the main stream media keep saying over and over "ït was unprovoked." They doth repeat themselves too much.
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@spacetoast7783
@spacetoast7783 Жыл бұрын
I'm sure Russia really got their feelings hurt when they saw Ukraine sitting around not doing anything.
@jfhucka1
@jfhucka1 Жыл бұрын
I don’t think this is totally current anymore? I don’t think Russia is any longer making more money on its oil
@hewhohasnoidentity4377
@hewhohasnoidentity4377 Жыл бұрын
That is the great thing about math. Numbers don't have opinions. You are just wrong.
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@bluebell1924
@bluebell1924 Жыл бұрын
@@hewhohasnoidentity4377 I also read from other news sources that they get less money for their oil than they used to. It disturbed me a little that The Economist now says sthg. different, I thought they are have high standards of fact checking.
@robertprice2148
@robertprice2148 Жыл бұрын
This energy crisis started before the war by the energy companies price gouging.
@antinatalope
@antinatalope Жыл бұрын
That we can be manipulated and lied to.
@benqurayza7872
@benqurayza7872 Жыл бұрын
We waste a lot of energy in the United States. We created a high energy consumption society with 100 million cars and suburban sprawl. We just vent or flare off many billion tonnes of methane gas from our oil and gas wells annually. Mass transit would be a better investment than EV's.
@henrystowe6217
@henrystowe6217 5 ай бұрын
Americans don't spell tons like you do. Are you really from the US?
@toddbrackett4277
@toddbrackett4277 Жыл бұрын
This fixation with climate change coupled with traditional "green" anti-nuclear advocates particularly in Europe have contributed significantly to the war in Ukraine. Germany would not have become dependent on Russian gas had it not wasted money and research resources on solar power (in a part of the world with very little sun) and planned to close it's remaining reactors. These poor energy policies empowered Putin and have funded his invasion.
@Jonpoo1
@Jonpoo1 Жыл бұрын
Where else was Germany supposed to get its energy? Without Russia it would have had to go green faster. Then you would have undoubtedly been saying “why not get energy from Russia? The green transition is so expensive. German liberal greens hate the real working people.”
@toddbrackett4277
@toddbrackett4277 Жыл бұрын
@@Jonpoo1, I have already mentioned the decommissioning of the nuclear power stations, the Russian natural gas procurements were ramped up to offset these closures and those of the coal plants. Germany under Merkel invested billions in pipelines that made its economy Increasingly dependent on a specific energy source from a single supplier. This single supplier also constituted the single greatest threat to European security. If natural gas was the preferred solution than why not invest in LNG ports rather than Russian pipelines? this would have enabled Germany to purchase gas from multiple suppliers. Why not keep the nuclear stations online or build new ones? This option produces little air pollution and uranium can be sourced from many countries. Solar works well in places like southern Spain but there is not enough sun in Germany to be a viable solution.
@gregorymalchuk272
@gregorymalchuk272 Жыл бұрын
@@toddbrackett4277 Yes, exactly. Germany closed 16,600 megawatts of clean nuclear electricity since 2011 for purely political reasons.
@toddbrackett4277
@toddbrackett4277 Жыл бұрын
@@gregorymalchuk272, I don't mean to single out Germany, most of the West has made poor decisions on energy policies in the past few years that have benefitted Putin’s war.
@stephenwabaxter
@stephenwabaxter Жыл бұрын
There is no doubt that Germany failed to ensure it had energy security but then the United States did exactly the same thing in the 1970's. The important thing now is that Germany and indeed the rest of Europe make the necessary changes required to maintain energy security and at the same time remain focused on the Green transition. I believe a rapid resolution of the war in Ukraine would help stabilise the world economy and result in some reduction in wholesale oil and gas prices.
@parikoaladashvili4870
@parikoaladashvili4870 Жыл бұрын
So you are saying that Oil that was provided to Europe or USA is still getting through and somehow, Russia makes even more money. How is it possible if the amount and demand is, most likely, the same, but the price that "middle man" pays to Russia is much lower?
@durexuncensored
@durexuncensored Жыл бұрын
that's called UK bios
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@rayremnant.u
@rayremnant.u Жыл бұрын
"Human trafficking is a fungible global commodity, every human is connected with every other human, even if there are some minors differences, basically human trafficking will get to market as long there is demand" Arguments feel right from a certain perspective, but let's not forget that using the market demand rhetoric is a sharp dangerous double-edged sword.
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@lv3609
@lv3609 Жыл бұрын
10:22 Take attention to psychology on this part. And take attention to the logic at play here: It starts by blaming Europe for having 55% of its natural gas coming from Russia, saying it did not diversified supplies, and then chides Europe from getting natural gas (LNG) from other sources because it raises natural gas prices globally: The Economist is essentially saying Europe shouldn’t get natural gas from Russia, shouldn’t get natural gas from anywhere! This in an open natural gas market! The attempt to guilty Europe won’t work. But there is more. Heard this week in Bloomberg that USA LNG export gas is having a glut of supply, so anyone over the world can go and buy there.
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@pf887
@pf887 Жыл бұрын
they are being chastised for not doing it pre invasion after they were told to do so. so bc they didnt listen and werent smart their stupidity and lack of forethought is having negative consequences for others at no fault of their nown. bit more nuance than your dim analysis.
@lv3609
@lv3609 Жыл бұрын
@@pf887 There’re no “others at no fault of their own”: same foresight could be pinned for others. Plus you’re ignoring economics and supply side shock, this independent of time.
@nicksgaming2302
@nicksgaming2302 Жыл бұрын
I thought they called it an oil crisis back then.
@RK-jc8oe
@RK-jc8oe Жыл бұрын
We don’t need to be energy dependent, yet we insist on policies that encourage it.
@EnzoLuka21
@EnzoLuka21 Жыл бұрын
As doubt was used tobacco corporations to buy time and avoid regulation. Hope is the new marketing campaing to do exactly the same.
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@jasperknight5781
@jasperknight5781 Жыл бұрын
One of the biggest differences between now and the 1970s is that capex in oil and gas exploration has fallen dramatically - oil and gas companies have essentially been 'fat-shamed', are now the new Big Tobacco and are uninvestible (see ESG Orphans). Added to that, higher interest rates raises their costs. The Energy Crisis of the 1970s saw an exploration capex boom which came online at the end of that decade. We are not going to see that now and green alternatives are not going to plug the gap. All the while global energy consumption grinds higher.
@artbyandrew
@artbyandrew Жыл бұрын
What a shame we didn’t start transitioning to renewables back then
@tidtidy4159
@tidtidy4159 Жыл бұрын
I remember it well. The oil crisis of 73 ,it gave impetus to the embryonic renewable energy movement.
@williamramos3350
@williamramos3350 Жыл бұрын
It was not profitable. That was the only factor. Harsh reality that cannot be undone.
@freeheeler09
@freeheeler09 Жыл бұрын
We added solar to the house and sized it to power an EV and take us essentially off grid once save up enough to add batteries. The idea is to pay for the system now, while we are earning well. As it pays itself off, we will no longer be paying for power for our home and car
@bjornng4854
@bjornng4854 10 ай бұрын
N6t
@suzannewheat9607
@suzannewheat9607 Жыл бұрын
In 1973 I sat in a gas line. My response was to buy a tiny Honda Civic. Problem solved. Now that the US. has built a fleet of behemoth vehicles how soon will those owners realize that the mpg of their vehicle puts them in financial jeopardy?
@anthonymorris5084
@anthonymorris5084 Жыл бұрын
1973 energy crisis taught us that people are inherently alarmist. It's endemic.
@melvinshingar3077
@melvinshingar3077 Жыл бұрын
Man’s greed is the problem.
@mercyjepleting842
@mercyjepleting842 Жыл бұрын
In my opinion, this is a very educative video, it has addressed the current affairs globally I can say. As the year is still young,one can use this knowledge to make financial decisions for their resolutions.
@forefatherofmankind3305
@forefatherofmankind3305 Жыл бұрын
Blah blah !
@patrickmcelrath4962
@patrickmcelrath4962 9 ай бұрын
How is your year going? Its almost up
@ssruiimxwaeeayezbbttirvorg9372
@ssruiimxwaeeayezbbttirvorg9372 2 ай бұрын
Until you have big cheap storage 'renewables' are not worth it.
@Contessa6363
@Contessa6363 15 күн бұрын
Yes and the minI embargo in the late 70s filling up your gas tank every other day!!
@joesmith3590
@joesmith3590 Жыл бұрын
I am not sure any of these lesson are as relevant today. The USA learned to frack. This changed the market a lot. No one can provide it as cheap as Russia did. This was a mismanagement issue by Germany and the Eu.
@ina-Marine902
@ina-Marine902 Жыл бұрын
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@beniaminobiancotutooniente Жыл бұрын
I invest with Mrs. Carrie Coghill too, she charges a 10%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
@Andres34566
@Andres34566 Жыл бұрын
This is not the first time i am hearing of Mrs. Carrie Coghill and her exploits in the trading world but i have no idea how to reach her.
@ina-Marine902
@ina-Marine902 Жыл бұрын
You can communicate with her on telegrm via
@ina-Marine902
@ina-Marine902 Жыл бұрын
© Carriecoghill
@vanessacheddar154
@vanessacheddar154 Жыл бұрын
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@mohamadjamil3164
@mohamadjamil3164 Жыл бұрын
Politics cause famines and countries economies to crash. Let’s get better politicians with more cooperation approach will prevent economic crisis such as the one we are living now
@spacetoast7783
@spacetoast7783 Жыл бұрын
So what's your solution then?
@ashtonmiddlefield9819
@ashtonmiddlefield9819 Жыл бұрын
Let’s not fight over oil (nord stream war) Instead, let connect more across nations, make goods cheaper, make living more affordable, environment cleaner, and climate livable.
@zahedfedaie2282
@zahedfedaie2282 4 ай бұрын
Should we not find out who actually blew up the Nord Stream and put pressure on EU? We can not randomly forget why random incidents happen and everyone holds one party responsible for.
@Withnail1969
@Withnail1969 Жыл бұрын
Putin did not throttle gas supplies. Unknown persons blew up Europe's gas pipelines is what happened.
@qbas81
@qbas81 Жыл бұрын
We should learn from Denmark and switch to bikes!
@BlackMamba-lt8oe
@BlackMamba-lt8oe Жыл бұрын
Why
@johnhumphrey9953
@johnhumphrey9953 11 ай бұрын
This nation is not energy independent; it is still importing oil from other countries. This nation does not want to be energy independent either. Not as long as it is dependent on oil.
@adamnorth5771
@adamnorth5771 Жыл бұрын
With oil, you can stop wars. Country that goes to war should pay 50% above market price for as long as it is at war or for a year after it stops its attack and if the Country that produces oil then 100% sanction on oil sales from the oil producing Country at war. I believe if this was adapted, then wars will be the thing of the past
@misterwhipple2870
@misterwhipple2870 Жыл бұрын
The only way to enforce such a policy is with war or the threat of war.
@faraguvava
@faraguvava Жыл бұрын
This is really sad that millions of people have to suffer cause of one person
@GoingsoloinFrance
@GoingsoloinFrance Жыл бұрын
One person?
@bronzeshield6382
@bronzeshield6382 Жыл бұрын
@@GoingsoloinFrance Putin
@00FireFlyer00
@00FireFlyer00 Жыл бұрын
its never one person. putin is just the one u get to see but u dont get to see the ones who he work for
@bronzeshield6382
@bronzeshield6382 Жыл бұрын
@@00FireFlyer00 oh you think it's like the Illuminati? 🤣
@00FireFlyer00
@00FireFlyer00 Жыл бұрын
@@bronzeshield6382 i dont know how u got that idea what i said was its never just 1 person pulling all the strings. u cant be that delusional
@adrijobecq
@adrijobecq Жыл бұрын
By Europe you mean Germany. Portugal will have 86% of its energy supply from renewables by 2026. France has long invested in Nuclear Power and most of Eastern Europe has long stopped being reliant on Russian gas due to political and historical reasons.
@SinkLikeStone
@SinkLikeStone Жыл бұрын
That’s why there is a crisis, because we are at the inflation point of energy shift. Now more than ever, humanity need fossil fuel to produce almost anything in the world. Yes, it is a crisis!
@adrijobecq
@adrijobecq Жыл бұрын
@@SinkLikeStone no, we don't. We could fully transition to renewables within five years, we just don't do it because of politics.
@SinkLikeStone
@SinkLikeStone Жыл бұрын
@@adrijobecq hilarious
@lv3609
@lv3609 Жыл бұрын
This also depends on a country’s industrial base and industrial type. Some industries have natural gas as input materials, and some need it in order to achieve the heating necessary to work (like glass industry). Portugal doesn’t have same level of industry in economy. It’s more agriculture and services (of which tourism is more significant).
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@willardSpirit
@willardSpirit Жыл бұрын
It's almost like we need some sort of "alternative energies" instead of solely relying on fossil fuels as our only energy source
@rogerhall559
@rogerhall559 Жыл бұрын
How about a free market solution to energy? Get the governments and "think tanks" out! That might work. Maybe free markets have solved pricing and shortages issues in the past (which is what free market economics is designed to do!) . . just a thought.
@avinashbhat5672
@avinashbhat5672 Жыл бұрын
Those times are different mankind is not dependent on energy this much for daytoday life and our population want this huge ..
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@seymagulnihalyildiz6488
@seymagulnihalyildiz6488 3 ай бұрын
Great content, thanks
@hammerhetyeskahgaming2970
@hammerhetyeskahgaming2970 4 ай бұрын
But unlike now.. we have high inflation cause gas price surge 400%.. and many beggars on the road now..
@daves3819
@daves3819 Жыл бұрын
The greatest danger is not planning how to achieve the transition off of fossil fuels. Those that think this can be done in 10 years or even 20 years are delirious. A new report suggests it would take 10,000 years at the current rate of lithium production to produce enough for the next 30 years. Nickel and copper are even longer. Some rare earth metals are even longer! And all this is happening during a time when the baby boomers are leaving the labour market in record numbers and the new generation that will replace these mass vacancies in 20 years is the smallest in history!! Governments who are "all in" for climate change will suffer significant consequences. The Trudeau government is one such government.
@r.a.3984
@r.a.3984 Жыл бұрын
I’m sorry. Bulgaria and Poland was the finest cut off by Russian dictatorship. Bulgaria is importing gas from Azerbaijan via Greece and the new pipeline builded, also LNG from USA via LNG terminals in Greece and Turkey as Turkey forbid this type of ships to cross the Bosporus
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@jasleenzon
@jasleenzon Жыл бұрын
Nobody is talking about the complacency of continuing to use energy as if it's an unlimited resource. We are automating more and more - activities humans once did, now require fuel consumption. Data and cloud servers. Phone+ipad+laptop = charging. How can this all continue 'business as usual' amid an energy supply shortage? There needs to be a rethink on fuel consumption per capita and why we can't use significantly less. Is going back to slow and manual too out-of-the-box now?
@richardmccormack2486
@richardmccormack2486 Жыл бұрын
Excellent video. Also love the transition graphics 👏👏👏
@nathanngumi8467
@nathanngumi8467 Жыл бұрын
Back to the 70s...
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@edoardobarsotti902
@edoardobarsotti902 Жыл бұрын
Completely misleading: the embargo has been implemented by the EU, and not by Russian Federation. Any comparison with 1973 and OPEC should start with this clarification.
@JayPatel-yg3nn
@JayPatel-yg3nn Жыл бұрын
This is wonderful video and I enjoyed every part of it
@keithbrian7129
@keithbrian7129 Жыл бұрын
You don’t drive massive, inefficient gas guzzlers.
@PirateArax
@PirateArax Жыл бұрын
It can teach you that in 8 years gold will be 43000$ per ounce.
@Jonpoo1
@Jonpoo1 Жыл бұрын
Highly recommend Helen Thompson’s recent book “Disorder” which essentially looks at modern (economic) history with a focus on energy and fossil fuels. Absolutely brilliant book. But buy a notepad and a map with it!
@5Minuteman
@5Minuteman 11 ай бұрын
Nuclear is obviously the cleanest choice, but why are they avoiding it?
@mrsbasia122
@mrsbasia122 Жыл бұрын
If the government really didn’t want this issue to exacerbate to a national level they could have easily instituted buses or other means of public transport. The fact that they haven’t and likely never will speaks volumes about America and it’s fiscal system.
@bartdoo5757
@bartdoo5757 Жыл бұрын
Which government?
@joemcconnell2674
@joemcconnell2674 7 ай бұрын
2020 as depressing as the 1970s. Oh dear.
@Ulysses3473
@Ulysses3473 Жыл бұрын
Great year..my birth year so 50 this February...
@mariadaluzmoutinho5701
@mariadaluzmoutinho5701 Жыл бұрын
Aprendi hoje o que aconteceu em 1973 ...mas o que se estabeleceu a partir desse ano?!!! Apaga-se o fogo quando a casa está a arder?! A crise energética acontece ...porque pensaram sempre que os recursos eram infinitos e não houve investimento ..bem como os alertas dados pelos cientistas foram ignorados!! A energia não está em crise energética ..não será a humanidade é que está em crise histérica?!! O que nos trouxe até aqui?!!
@BlackhornLynx
@BlackhornLynx 10 ай бұрын
What about the domestic price control measures implemented months before the embargo that created artificial shortages?
@truckinallday69
@truckinallday69 11 ай бұрын
History is back... peace to the mid east.... 50 year anniversary
@TMM-N
@TMM-N Жыл бұрын
Correction- Russia is willing to sell to anyone at market price at russian currency But It ia EU was refused to buy russian oil and gas
@user-rx4it2eq4b
@user-rx4it2eq4b Жыл бұрын
Германия помнит низкие цены на газ от России ,это преимущество Перед ценами от США У США они завышены в два раза ,вот и думайте кто кризис создаёт.
@raniayoussef5599
@raniayoussef5599 Жыл бұрын
'Unprovoked' 😂
@damianvovna6468
@damianvovna6468 Жыл бұрын
Need an update for this video because it age the it was presumed initially
@traciepopovic5802
@traciepopovic5802 Жыл бұрын
This is a really informative video and has helped me so much thanks 🙏
@kallampraveen
@kallampraveen Жыл бұрын
See the dynamic of WION at 0:25 and with Palki at 1:26. It's a loss for WION
@Cr4y7-AegisInquisitor
@Cr4y7-AegisInquisitor Жыл бұрын
Modular nuclear reactors!
@johnhaynes9910
@johnhaynes9910 Жыл бұрын
I;ve only watched half of this video and it has not told me anything new nor, has it offered any insights of any value, poor job folks.
@callmethreeone
@callmethreeone Жыл бұрын
It's the Economist, they are even bad at economy.
@alaskangirl7475
@alaskangirl7475 Жыл бұрын
It’s due to a conspiracy theory love!
@jezalb2710
@jezalb2710 Жыл бұрын
Slava Ukraïni
@matej574
@matej574 Жыл бұрын
if your comment is most upvoted, why doesn't it show up at the top of comments @youtube?
@bingoberra18
@bingoberra18 Жыл бұрын
Fully agree only I watched it all and it was even worse.
@shortcuttv1320
@shortcuttv1320 Жыл бұрын
Yes, diversification of energy will lead to smart use of resources... Less waste and more investment into development of energy plants 🐛
@Write_me_on____The_Economist01
@Write_me_on____The_Economist01 Жыл бұрын
You won Hit up to claim the prize ⬆️🎁🎁🎁✅✅✅
@shortcuttv1320
@shortcuttv1320 Жыл бұрын
@@Write_me_on____The_Economist01 thank you, how to claim your prize?
@juniorbrandao7896
@juniorbrandao7896 Жыл бұрын
MUITO BOM ESTAR INFORMADO! BOM DIA!
@sheerazqureshi5052
@sheerazqureshi5052 Жыл бұрын
Why is the Economist channel so partial and biased especially towards west?
@Write_me_on____The_Economist01
@Write_me_on____The_Economist01 Жыл бұрын
You won Hit up to claim the prize ⬆️🎁🎁🎁✅✅✅
@spacetoast7783
@spacetoast7783 Жыл бұрын
What should have been different about this video?
@surfskate3
@surfskate3 Жыл бұрын
Gas is cheap at the pumps last 25 years min wage rose 2x and so did gas but food rent or housing that up 3 x and 4x😢
@krishbardhan5525
@krishbardhan5525 Жыл бұрын
Each country should have two capitals. One winter capital and other summer capital. PM of England will operate from Greece.
@auro1986
@auro1986 Жыл бұрын
now recalling 1973? in 2073 will you ask what can 2023 teach us?
@satan31337
@satan31337 Жыл бұрын
Anyone that thinks Russia is the only reason for high energy/gas prices in north america is severely mistaken. look locally for your reasons as well as to inflation. if you need the reasons just ask, if you cant figure it out for your self.
@CJColvin
@CJColvin 11 ай бұрын
Biden is the reason for the high gas prices of today.
@grvdggr53
@grvdggr53 11 ай бұрын
I'm against all wars but this was not unprovoked. If US would mind their own business we wouldn't have a war today. Russia is afraid of NATO's expansion, hence the war since Ukraine and Georgia was promised NATO membership in the future. That was 2008. So why didn't they let Ukraine in for the 13 years they had the chance? Another one of US war games that other countries has to pay the price for. If they really wanted peace they would have invited every country in the world into NATO decades ago.
@75w26__
@75w26__ Жыл бұрын
is it possible that oil price will soaring to 100++$ per barrel for a long period of time?
@gfunkmadness
@gfunkmadness Жыл бұрын
Quasimodo predicted all this
@gringostarr69
@gringostarr69 Жыл бұрын
You still have the cheapest gas price after starting all this after "9/11". (Of the western world)
@phubdorji5136
@phubdorji5136 Жыл бұрын
Unprovoked lo
@spacetoast7783
@spacetoast7783 Жыл бұрын
Exactly. Russia really got their feelings hurt when they saw Ukraine sitting around not doing anything.
@mhjunky4278
@mhjunky4278 Жыл бұрын
High quality video, video explain a lot and I understand a lot def one of your best post this 2023
@Write_me_on____The_Economist01
@Write_me_on____The_Economist01 Жыл бұрын
You won Hit up to claim the prize ⬆️🎁🎁🎁……
@darioherediadiaz94
@darioherediadiaz94 Жыл бұрын
Powerful video
@radubotnari7893
@radubotnari7893 Жыл бұрын
Thank you for the video! Very interesting!
@Write_me_on____The_Economist01
@Write_me_on____The_Economist01 Жыл бұрын
You won Hit up to claim the prize ⬆️🎁🎁🎁…
@ArgonDavid
@ArgonDavid Жыл бұрын
Energy de-addiction is to start and a very difficult challenge for Humans addiction. 🙏
@Write_me_on____The_Economist01
@Write_me_on____The_Economist01 Жыл бұрын
You won Hit up to claim the prize ⬆️🎁🎁🎁✅✅✅..
@dariaIva
@dariaIva 2 ай бұрын
Stop whom?😮
@nickkacures2304
@nickkacures2304 Жыл бұрын
End your personal dependence on oil and take power away from the dictators I have little sympathy for people who drive huge vehicles that could get by with fuel efficient vehicles but you have personal responsibility for your actions so enjoy paying more. The electrification of everything is happening and we could have had a better outcome if we started 30 years ago it’s time to put the screws to the fossil fuel industry by putting up a few solar panels and or drive less
@plymouth491
@plymouth491 Жыл бұрын
Perhaps it shows that we shouldn't support and fund apartheid regimes like the Israeli government. That is, after all, exactly what triggered the embargo, our support of Istael during the 1973 Yom Kippur War.
@glps6167
@glps6167 Жыл бұрын
You mention the nuclear power as an alternative option; what did Chernobyl and Fukushima teach us ?
@altitudesfs9656
@altitudesfs9656 Жыл бұрын
Dear economist:I invented an Aero Hydromag Thruster, wanna publicise it?
@robertrichardsonjr.6705
@robertrichardsonjr.6705 Жыл бұрын
Teaches us Biden is a piece of work
@bajajji1
@bajajji1 Жыл бұрын
100,000 dead? Wrong! 18,000 dead.
@Gk-og7ig
@Gk-og7ig Жыл бұрын
One problem solution is another problem 😅
@captainharris8980
@captainharris8980 Жыл бұрын
1:49 and the Shah REFUSED to part of that. A friend to the United States and a friend to Israel. He knew EXACTLY what militant and radical Arab nationalism and radical militant Islam were all about, and stood against it.
@nuur1-xr6qk
@nuur1-xr6qk Жыл бұрын
And yet he went to egypt after the iranian rovolution!
@qbas81
@qbas81 Жыл бұрын
More should be said about how Denmark reacted to crisis - replaced a lot of trips by car with bikes!
@joesmith3590
@joesmith3590 Жыл бұрын
That is fine for a small country. A lot of places are spread out. The Northern Europeans somehow always think what works at their small rich area works other places and it doesn’t.
@gnoccialpesto
@gnoccialpesto Жыл бұрын
@@joesmith3590 The chap meant "Copenhagen", not Denmark. Rural areas are poorly served by public transport, so you see plenty of ancient small cars trundling around at 70 km/h (a result of DK's taxation system), to the point where a small town like Kalundborg has daily traffic jams.
@qbas81
@qbas81 Жыл бұрын
@@joesmith3590 majority of people live in cities and daily commutes are relatively short. Yes, important is to design cities properly - but believe me, Denmark and Netherlands used to have car centric approach before 1973.
@qbas81
@qbas81 Жыл бұрын
@@gnoccialpesto I used to work in rural area and yet many people commuted by bikes there, using great bike roads.
@TheRasmuga
@TheRasmuga Жыл бұрын
So genius! I will also now go the 30 km to work by bike. Why has no one ever thought about that? Next time I'll go to Thailand I'll just go by bike!
@stivoarscott5831
@stivoarscott5831 Жыл бұрын
So little info for 15 mins
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