Why Low Gas Prices Are Bad For The World
Economy | Information | History | Online | Facts | World | Global | Money
Subscribe! http://bitly.com/1iLOHml Oil prices are the lowest they've been in five years, so what could possibly be bad about that? TestTube Daily takes a look at the negative effects behind cheaper gas at the pump. Learn More: American Households Are Saving $42 Per Month On Lower Gas Prices http://www.businessinsider.com/us-low-gas-prices-savings-2014-11 Russian Ruble Plummets, And 4 Other Oil-Slump Related Headlines http://www.npr.org/blogs/thetwo-way/2014/12/01/367759415/russian-ruble-plummets-and-4-other-oil-slump-related-headlines Venezuela's Future: 'Barbarity' and 'Looting' as Oil Drops http://www.nbcnews.com/business/economy/venezuelas-future-barbarity-looting-oil-drops-n259116 U.S. Energy Information Administration: World Oil Production http://www.eia.gov/countries/index.cfm?topL=exp "Data through 2012 by country, region, and commercial group (OECD, OPEC) for 219 countries including total and crude oil production, oil consumption, natural gas production and consumption, coal production and consumption, electricity generation and consumption, primary energy, energy intensity, CO2 emissions and imports and exports for all fuels." Watch More: Where Does Our Oil Come From? https://www.youtube.com/watch?v=KaRBrj5GjIE&list=UUgRvm1yLFoaQKhmaTqXk9SA Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Tara Long on Twitter https://twitter.com/TaraLongest Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq
Comments
-
"Lower oil prices can cause entire countries to fail." - what a bunch of total bullshit. Countries that are so dependent on export of natural resources are already failed. They just got lucky oil and/or gas is found beneath their lazy asses so they could sell it to someone who can put it to a good use.
-
Screw Russia, I'll just enjoy these lower prices.
-
and that kids is why you car's fart is a high price.
-
Arent you trace from DNews?
-
In Finland its 1.44 per litre (roughly 1/4 gallons) and guess what, theres no big V8s,pickups,suvs etc cuse nobody have enough money to drive them.
-
Cheaper oil for us and terrorists get less money, whats so bad about this ?
-
It's good for me as I'm on a fixed income and low gas prices leave me more money to buy other things helping the ecomony.
-
why should i care about russia's gdp when i ddon't live in russia
-
low price teach lazy country only hard work save them
-
Sucks for the world, I guess.
-
Who cares. Half those countries producing oil in the middle east needs to be back on donkeys worrying about living. Keep them from being the worlds lice. Russia.. lol again, who cares. I'm sure Putin will stuff his peoples head full of shit to keep his 110% approval rating. If he kills their economy and they still like him... why care?
Who wins with lower oil prices? All the consumers that were broke as hell during the $4.75 a gallon oil.. or the few millionaires suffering from lost millions? Another thing.. This is the 4th election in a row.. That oil prices dropped to below 2 dollars a gallon.. During the election year. We have been laughing about how you never hear about that.. But start watching. Today... $1.98.. I just got some.. Let's see what it is next year. If its like the last 4 elections.. It will be like $3.79 very shortly after. Don't wanna make oil prices a big election issue.. so they lower it to keep them from talking about it and no one gives a shit. -
Hopelessly stupid. Not only will we never run out of energy, we will never run out of oil. The Cleantech fraud proves its falsity every day - no one would buy solar without a heavy subsidy... WInd turbines is money farting itself away. As bad as your Mid East video was, this is worse. Try some thing else.
-
No more fracking? Towns able to drink their water again and people not dying for greed? Sounds good.
-
these countries need to have an ecconomyvthats not solely based on expiring oil
-
I think low oil prices are good
-
Please make a video about countries that is beneficial the low price of oil.
-
Fuck the countries and save the earth.. let them bankrupt! this earth have suffer more than enough! from pollution to global warming
-
So we can topple Russia by not driving?!
-
Make a video of how Saudi Arabia is struggling low oil prices of their vision for 2030. Just like what Malaysia did in the early 90's for vision2020.
-
what! u knew about the crisis 2 years ago?
2m 46sLenght
3203Rating