A Wonderfully Simple Explanation of Oil Price and the Economy

https://www.youtube.com/watch?v=j9OtQv5eH4w

The terms of natural gas seems to keep changing , but the truth is that the problem is n’t just to do with decreasing oil resources . In fact , the price of the black stuff is link into our economic system in a complex agency — and this television beautifully describes what ’s going on for those of us miss an economics background .

If you ’ve ever think about economic science in much detail : firstly , poor you , and 2nd , this in all probability wo n’t issue forth as a immense surprise to you . But for the simple mortals amongst us , this video — root on byJeremy Rifkin ’s idea — goes a farseeing way to explain why gas cost vary with our economy ’s success . [ Epipheo ]