The history of oil

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Bisbo

Bisbo

8 жыл бұрын

Story of oil in comics. How OPEC was formed, why prices rose and why they are now falling.
Bisbo's latest video on Oil Prices:
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Oil prices in 2018: Will the rally last? • Why oil prices will re...
Our video on the ill-effects on fracking:
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Why fracking is dangerous: • Is fracking responsibl...
Our video on how the tax component on petrol keeps prices high
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Petrol prices: Why prices remain high at the pump: • Why consumers are payi...
The word "crore" (10 million = 1 crore) used in the video is common is South Asian countries, which don't follow the international system.
Support us with as little as $2 a month or get your name featured in our videos:
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/ bisbo
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UPSC
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Use this video to prepare for UPSC and civil services examinations.

Пікірлер: 1 400
@mevinkole2373
@mevinkole2373 3 жыл бұрын
KZfaq recommended this after 5 years to show the Indians why the price is risen!!😂😂
@utsabsarker6271
@utsabsarker6271 3 жыл бұрын
Hahahahaha
@ankitasaxena5891
@ankitasaxena5891 3 жыл бұрын
Loool
@explorerakshat4907
@explorerakshat4907 3 жыл бұрын
But the cost per barrel price has decreased now but our government is charging more tax
@ashwin6712
@ashwin6712 2 жыл бұрын
"Price is risen" 😂
@whyyouarehere3893
@whyyouarehere3893 2 жыл бұрын
@@explorerakshat4907 more than 250%
@UncouthTiger
@UncouthTiger 7 жыл бұрын
Play at 1.25 speed. Trust me, you'll be thanking me.
@BisboWorld
@BisboWorld 7 жыл бұрын
+Anubhav Uppal yes. Later videos we have increased voice over speed. This was our very first one. Have a look at some newer ones.
@BisboWorld
@BisboWorld 7 жыл бұрын
+padraigm74 shale oil is through fracking shale rocks.
@pivkaaa
@pivkaaa 7 жыл бұрын
wtf:d
@verward
@verward 7 жыл бұрын
eh no dude.
@leonardoarcher2318
@leonardoarcher2318 7 жыл бұрын
Gunners the forth.. go and save your position in epl... everton gonna smash you😂😂
@ajidantonio2872
@ajidantonio2872 7 жыл бұрын
what ever happened in India oil prices is going up every day...
@BisboWorld
@BisboWorld 7 жыл бұрын
+Ajeed Antoni they are well below the levels of 2009-10
@ajidantonio2872
@ajidantonio2872 7 жыл бұрын
Bisbo OK but in India it is high ... it is higher than 2009 _ 2010
@BisboWorld
@BisboWorld 7 жыл бұрын
+Ajeed Antoni I remember petrol prices around ₹80 some years back when the $ was 50+. Now it's a little below ₹80 with the $ at 66. So relatively, it still 20% cheaper than before.
@darryndsouza7896
@darryndsouza7896 7 жыл бұрын
Ajeed Antoni : Also our government increases and reduces subsidies on petrol and diesel in order to maintain the price. This is good because when oil prices increase subsidies are increased thus reducing the price. On the other hand when oil prices decrease subsidies are reduced therby creating adequate buffer (for future subsidies) when price of oil increases.
@ajidantonio2872
@ajidantonio2872 7 жыл бұрын
Darryn D'Souza ... Yas! it is good for India and our India needs to growing but it does not come to normal class people and farms. these are the people who gives to life to India....
@toddcook1607
@toddcook1607 6 жыл бұрын
The value of the currency impacts oil prices (and all prices), too. Supply and Demand impact both the cost of the oil and the money. Played at 1.5, helps a lot.
@BisboWorld
@BisboWorld 6 жыл бұрын
+Todd Cook yes currency value is crucial. Our new videos are at a much faster speed. Do have a look.
@robwilliams6856
@robwilliams6856 7 жыл бұрын
Felt like I was back at school when they wheel that fat tv in to watch a video , while the teacher is drinking a cup of tea
@BisboWorld
@BisboWorld 7 жыл бұрын
+Rob Williams hahaha Rob. It's meant for school kids. And have mercy, this was out very first video ever!
@Hm-dh1vu
@Hm-dh1vu 2 жыл бұрын
@@BisboWorld Dont worry girl, im with you ♡(: instead its well made ngl.
@sushantmalik5219
@sushantmalik5219 4 жыл бұрын
I recently discovered this channel. You guys have amazing content.
@biveksharma
@biveksharma 3 жыл бұрын
Despite heavy downfall in per barrel oil price, fuel prices have shot up in India. So the people have not been benefited, the government takes away all.
@amanvermalh
@amanvermalh 2 жыл бұрын
Yes Modi is saving all that money in Banks for his kids apparently /s
@abhimanyukarkara4218
@abhimanyukarkara4218 4 жыл бұрын
4:23 That is so true in today's situation!
@elvinjohntropezado3382
@elvinjohntropezado3382 2 жыл бұрын
Hahah i love the animation and narration. This is the best explanation from KZfaq. Simple and understandable
@confidence_trading
@confidence_trading 2 жыл бұрын
Cheaper oil is now the history... Oil prices increasing day by day so as inflation
@personxyz1840
@personxyz1840 2 жыл бұрын
Not really, one barrel is still around 68$, in 2008 it was 156$.
@thymark
@thymark 6 жыл бұрын
145 dollllls
@theunknownguy265
@theunknownguy265 3 жыл бұрын
😂😂😂😂
@dahveed284
@dahveed284 7 жыл бұрын
Very simplistic. Part of the price fall was due to OPEC trying to drive the price down below the cost of production in the US to prevent production of these new fields. However, the US industry has lowered the cost of production even further making US shale oil again economic to produce, even at these lower prices.
@BisboWorld
@BisboWorld 7 жыл бұрын
+dahveed284 agreed
@AdstarAPAD
@AdstarAPAD 7 жыл бұрын
Don't forget that Saudia Arabia was also lowering the oil price to hurt Russia.. Russia as backers of Iran and Assad is the backer of Shia islam.. Saudi Arabia is fighting against shia islam.. It is a sunni islam power.
@BisboWorld
@BisboWorld 7 жыл бұрын
+AdstarAPAD yes there are wheels within wheels
@dahveed284
@dahveed284 7 жыл бұрын
A cartel, like OPEC, artificially raises prices by restricting the supply of a commodity. But only 13 countries are a part of OPEC and new oil discoveries in non-member states (that have no quotas) means a glut of oil. It doesn't help that the OPEC countries are VERY dependent on their oil revenue, which makes quota cheating very tempting.
@BisboWorld
@BisboWorld 7 жыл бұрын
+dahveed284 very true
@richardt8604
@richardt8604 6 жыл бұрын
brilliant simple explanation ! thank you !
@sultanloobari4037
@sultanloobari4037 7 жыл бұрын
I will travel without worrying about the cost!! Neither Airlines companies reduced their prices -.-
@BisboWorld
@BisboWorld 7 жыл бұрын
+Sultan Loobari so true!
@ongmathias394
@ongmathias394 6 жыл бұрын
Capitalist pigs
@krateproductions4872
@krateproductions4872 4 жыл бұрын
COVID 19 - I am about to end this mans career (Oil at -$40 per barrel)
@BisboWorld
@BisboWorld 4 жыл бұрын
It’s a 4 year old video bro
@krateproductions4872
@krateproductions4872 4 жыл бұрын
Bisbo ironically this video started your career at YT!
@RajaBabu-kv9bb
@RajaBabu-kv9bb 6 жыл бұрын
Hey brisbo I saw Ur video first time...and loved it ...loved ur concept small and simple thanks for wonderful piece of knowledge
@BisboWorld
@BisboWorld 6 жыл бұрын
+Raja Babu thanks for your wonderful comment. Made my Sunday! pls watch other videos from the channel.
@Prisoner-jf8vi
@Prisoner-jf8vi 6 жыл бұрын
More videos should be made in this style. very easy to understand. Please keep up the good work.
@BisboWorld
@BisboWorld 6 жыл бұрын
+Prisoner60863 Pls see our other videos too and tell me what is not made properly. Will appreciate your feedback. Thanks
@GEOPREMKUMAR
@GEOPREMKUMAR 6 жыл бұрын
Beautiful presentation.. Simple n clear.. Always wondered the fluctuations in oil prices, gold n US dollar Thanks..
@BisboWorld
@BisboWorld 6 жыл бұрын
+geo 2016 thanks
@tradingcareer2409
@tradingcareer2409 2 жыл бұрын
Mr Adam Douglas is the best, recommending him to all beginners who wants to recover losses like I did.
@charlieolive2004
@charlieolive2004 2 жыл бұрын
How can one reach an expert in trading,cos I have lost alot of money trading with a wrong trader.
@sharridelima1661
@sharridelima1661 2 жыл бұрын
@David Benjamin I'm beginner too, I've been earning through investing with expert Adam it has been a huge success, in two weeks i made $15,000 with $1,000
@user-xd5dr2te4l
@user-xd5dr2te4l 2 жыл бұрын
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@chadreddings3105
@chadreddings3105 2 жыл бұрын
Expert Adam made me rich, greetings from India , I've $27,460 worth Bitcoin profit
@vanessawhite9120
@vanessawhite9120 2 жыл бұрын
This is the first time I'm meeting someone real , I just got my profit today, I saw this comment about ten days ago, thanks so much.
@denisandronic134
@denisandronic134 6 жыл бұрын
4:51 lmaaao
@anengineer152
@anengineer152 3 жыл бұрын
Lmao
@MfsUnitedAgainstMe
@MfsUnitedAgainstMe 2 жыл бұрын
Like zombies lol😂
@sreekarpradyumna
@sreekarpradyumna 7 жыл бұрын
4:51 Voice overs.. on point.
@avibenten
@avibenten 3 жыл бұрын
This is a really great channel, take my sub!
@renatacantoregross6283
@renatacantoregross6283 6 жыл бұрын
Thank you for this lesson in economics.
@BisboWorld
@BisboWorld 6 жыл бұрын
+RENATA CANTORE GROSS glad you liked the video (and voice!) too
@theexceptional476
@theexceptional476 2 жыл бұрын
Polemic American video about Arab Oil kzfaq.info/get/bejne/b515l6aotbnXXYk.html&ab_channel=TheExceptional
@mrknowmyself
@mrknowmyself 6 жыл бұрын
This is so lovely video I come here over and over again :D
@BisboWorld
@BisboWorld 6 жыл бұрын
Thanks David
@jtillon1
@jtillon1 6 жыл бұрын
THANKS A LOT ..EXCELLENT INFORMATION !!
@Yeager123123
@Yeager123123 6 жыл бұрын
OPEC and Russia also tried to push USA fracking out of business by over producing and bringing the price per barrel below what would be profitable for the more expensive to operate American oil industry. It instead caused an increase in efficiency that brought the average profitable price to around $40 a barrel, instead of $60. Also, the lower prices hurt these nation’s federal budgets and GDP considerably since their national economies where based on oil/energy sales. The USA is not reliant on these sales to nearly the same extent and weathered the low prices quite well. OPEC and Russia eventually had to place agreed upon caps on production to bring the price back up and gave up market share in the process. All this led to a more robust and efficient American oil industry that is now set to overtake any other nation in oil production, oil refining, and the international sales of both refined oil and unrefined oil. The USA has become an energy Superpower. Hell yeah.
@BisboWorld
@BisboWorld 6 жыл бұрын
Quite right Yeager
@adarshmishra2435
@adarshmishra2435 3 жыл бұрын
Looking at latest videos of Bisbo I must say that it has come a long wayy Now the quality is muchh better
@ahmed4877
@ahmed4877 3 жыл бұрын
Ok so today I understood this petrol story thank u. Now i need to think something big.
@praveenchukka
@praveenchukka 4 жыл бұрын
We should have listened to this long back.
@whyalwaysme2522
@whyalwaysme2522 6 жыл бұрын
Thank you Bisbo of India
@BisboWorld
@BisboWorld 6 жыл бұрын
+jeen-clawd Gahd Damn hahaha. Jean this was very first video 18 months back. Have a look at some of our newer ones.
@paritoshjha28
@paritoshjha28 3 жыл бұрын
So perfect video.. Now i get an overview of that
@yathumoore1314
@yathumoore1314 6 жыл бұрын
Good explaination to those who learning economics
@texca7761
@texca7761 7 жыл бұрын
True. I am from Kuwait and petrol prices increased around 4 months ago and we are suffering now because the prices rose by around 60%, while it is getting cheaper in the USA (I used to live there, left it recently).
@magna116
@magna116 7 жыл бұрын
AT "suffering"? Boo Hoo! You mean it went from 1cent to 61 cents? That's awful!! Sure beats the 380% rise in the states. It is still much higher than it should be.
@leoniduvarov5236
@leoniduvarov5236 7 жыл бұрын
In Russia petrol was never cheap - the price is the same as in the US (50 cents per liter)
@blank-he2fj
@blank-he2fj 7 жыл бұрын
Abdulrahman Almuneef Dont get mad over him, we dont know his stories
@salmansaleem505
@salmansaleem505 7 жыл бұрын
the prices went up from 0.66 to 0.90 SR/litre the prices are still cheaper than USA
@yousefal-assaf2985
@yousefal-assaf2985 7 жыл бұрын
AT Suffering?! Is it because you can't drive your heavily modded V8's all day long anymore?
@renatacantoregross6283
@renatacantoregross6283 6 жыл бұрын
I Love your beautiful voice & accent !!!
@Takaba95
@Takaba95 Жыл бұрын
Normal people found oil: get a shovel or anything to take it America: get an M4, missiles, drone missiles, tank, full weaponized helicopter and jet fighters
@saidivakarboddeti5036
@saidivakarboddeti5036 2 жыл бұрын
its 105 rupees for a litre in my state AP. it was like 70 Rs one year back
@jameelsavanur1864
@jameelsavanur1864 2 жыл бұрын
Karnataka too same
@danishsawant7154
@danishsawant7154 2 жыл бұрын
Modi hai toh mumkin hai ❤
@b.h.kapadia437
@b.h.kapadia437 2 жыл бұрын
90 here in my city
@thekidfromoz
@thekidfromoz 7 жыл бұрын
This was made for children right?
@BisboWorld
@BisboWorld 7 жыл бұрын
Yes, that's correct.
@viratchhikara992
@viratchhikara992 7 жыл бұрын
Bisbo lol
@hazwanharon827
@hazwanharon827 7 жыл бұрын
I think for sloths.
@smilingmoon9095
@smilingmoon9095 6 жыл бұрын
faithfreedom.org/challenge.htm
@BisboWorld
@BisboWorld 6 жыл бұрын
+Jack of Blades lol
@sayyedwaqas4764
@sayyedwaqas4764 7 жыл бұрын
I am regretting the moment I clicked on this video!
@buttomentertainment5366
@buttomentertainment5366 6 жыл бұрын
Very Good and Very easiest method to understand the reason.
@fourseasonmountaintrek6720
@fourseasonmountaintrek6720 6 жыл бұрын
Thanks for explain in detail.
@c0r5e
@c0r5e 2 жыл бұрын
Everyone: Buy my oil USA: We will steal your oil
@tumsehi1tumsehikoinahi269
@tumsehi1tumsehikoinahi269 2 жыл бұрын
I can't stop 😄😄 its true USA: we are corporate theifs
@manunair9473
@manunair9473 4 жыл бұрын
And in 2020 it’s again back to a cent or even less for a liter
@lecjan22bay
@lecjan22bay 7 жыл бұрын
Your voice is very relaxing and nice presentation btw 👍
@BisboWorld
@BisboWorld 7 жыл бұрын
+mathias martiney thank you Mathias
@grahammewburn
@grahammewburn 8 ай бұрын
When demand for any product exceeds supply the price escalates. This will happen to oil too.
@RizwanKhan_99
@RizwanKhan_99 6 жыл бұрын
That Shiekh has an Indian (Apu) accent XD
@BisboWorld
@BisboWorld 6 жыл бұрын
+Rizwan Khan lol
@hrishikeshnair8424
@hrishikeshnair8424 3 жыл бұрын
Lol
@Archaeologist001
@Archaeologist001 3 жыл бұрын
He is jethalali
@appujo1901
@appujo1901 3 жыл бұрын
Brother what does Apu mean?
@RizwanKhan_99
@RizwanKhan_99 3 жыл бұрын
@@appujo1901 character of Apu from *the Simpsons* cartoon
@aishwaryas5734
@aishwaryas5734 3 жыл бұрын
it was asked in upsc prelims once.. how many liters in a barrel of oil!?
@tarmac2001
@tarmac2001 7 жыл бұрын
Simple, but good video.
@rahulkulkarni5880
@rahulkulkarni5880 7 жыл бұрын
nice and simple presentation. thnx for uploading the video
@BisboWorld
@BisboWorld 7 жыл бұрын
+rahul kulkarni thanks rahul
@sukhjindersingh-wv3ue
@sukhjindersingh-wv3ue 3 жыл бұрын
Bisbo kindly update it by 2020 with latest data...Its very useful
@JohnDavis-de7xm
@JohnDavis-de7xm 7 жыл бұрын
This video could pass for a Seseme Street public service announcement.
@BisboWorld
@BisboWorld 7 жыл бұрын
+John Davis 😂
@rushcummins8257
@rushcummins8257 6 жыл бұрын
Thank you please come back again
@cdtanushuman313
@cdtanushuman313 3 жыл бұрын
Bisbo is such a good and informative yt channel but people don't subscribe it
@hiteshrawat4393
@hiteshrawat4393 3 жыл бұрын
Lol now in 2020 when international prices are lowest ,Indians still buying at 85rs per liter .
@mrknowmyself
@mrknowmyself 6 жыл бұрын
This video helped me ace oil refinery company interview!!! i love you !!
@BisboWorld
@BisboWorld 6 жыл бұрын
Wow, so happy it helped someone.
@angadskate28
@angadskate28 4 жыл бұрын
This is such a strange channel, I fucking love it
@harshaca3136
@harshaca3136 3 жыл бұрын
Bro how many days u take to make this type of vedioes plzz tell bro
@ClarksonsinUSA
@ClarksonsinUSA 7 жыл бұрын
Demagraphics /Efficiency/and fracking and better imaging tech affects supply and demand..... :)
@faizdrago7723
@faizdrago7723 3 жыл бұрын
Well now it has changed a lot 😆
@ALLANKAMBINDAMA
@ALLANKAMBINDAMA 7 жыл бұрын
every Angolan should watch this too!
@ankurgokhale5564
@ankurgokhale5564 7 жыл бұрын
Nicely explained. Great!
@BisboWorld
@BisboWorld 7 жыл бұрын
+Ankur Gokhale thanks Ankur
@rakshithec079
@rakshithec079 7 жыл бұрын
5:10 , i think the woman was travelling in her dreams !!!!
@np803
@np803 6 жыл бұрын
we must look for green energy
@fidelcatsro6948
@fidelcatsro6948 6 жыл бұрын
the best part of this mini movie > "" We want cheap petrol!! We want cheap petrol!! "
@BisboWorld
@BisboWorld 6 жыл бұрын
+fidel catsro lol
@memeguyTM
@memeguyTM Жыл бұрын
Sick beat in this vid 🕺
@TRtraybloxeey
@TRtraybloxeey 4 жыл бұрын
0:23 oh god, where did the mediterranean go
@pavank3191
@pavank3191 7 жыл бұрын
excellent slide 👍
@BisboWorld
@BisboWorld 7 жыл бұрын
+Pavan K thanks Pavan
@pavank3191
@pavank3191 7 жыл бұрын
Bisbo Pleasure.. Plz make on other issues too.. Ur work is really simple n easy to understand.. 👍👍
@honestyisbestpolicy6797
@honestyisbestpolicy6797 2 жыл бұрын
Excellent 👍🔥 , it takes long time of 6years to reach me . But I can say India petrol prices are not lowered after 2014 even crude oil reached 40dollars /barrel , GOVERNMENT OF INDIA PUTS SUCCESSIVE TAXES ON CRUDE OIL PRODUCTS SO THAT INDIAN PEOPLE ARE NOT BENEFITED DIRECTLY BUT GOVERNMENT SAVED LOT OF MONEY AND USED FOR HUGE PROJECTS .
@farhanzahir3510
@farhanzahir3510 3 жыл бұрын
i love the thumbnail
@sirikondavinay9921
@sirikondavinay9921 6 жыл бұрын
Superb...subscribed
@jonson1803
@jonson1803 6 жыл бұрын
fantastic vlog
@dheerajrinwa2585
@dheerajrinwa2585 7 жыл бұрын
Thanks for the informative video.
@BisboWorld
@BisboWorld 7 жыл бұрын
+Dheeraj Rinwa welcome Dheeraj
@dheerajrinwa2585
@dheerajrinwa2585 7 жыл бұрын
Bisbo what u bisbo guys do apart from making videos.
@BisboWorld
@BisboWorld 7 жыл бұрын
+Dheeraj Rinwa nothing else. That's all we do!
@dheerajrinwa2585
@dheerajrinwa2585 7 жыл бұрын
oh great, i thought this channel is an experiment by school students or IAS prep students, one of the best informative indian channel i have come across, keep up the good work.
@ketansoni7354
@ketansoni7354 7 жыл бұрын
Bisbo you make videos that are very helpful
@pynkhrawmarwein3109
@pynkhrawmarwein3109 5 жыл бұрын
Petroleum and diesel prices keeps on getting costlier everyday. Please try to explain about the real reason behind India's rise in price fuel.
@wbdrugstrat
@wbdrugstrat 7 жыл бұрын
salutations from venezuela. great video. it is time that the world got past its dependency from oil and starts creating cleaner and more efficient forms of energy markets. tonsay that the shift has hit venezuela hard would be a gross understatement, but that too will pass, and oil producing nations like mine are increasingly recognizing the need to evolve from their their traditional economic models.
@BisboWorld
@BisboWorld 7 жыл бұрын
+Carlos Perez yes Venezuela has been hit hard. We do hope the situation becomes better soon.
@elhombredeoro955
@elhombredeoro955 6 жыл бұрын
hey cousin
@AdilHussain-vp6oy
@AdilHussain-vp6oy 3 жыл бұрын
But we citizen are never enjoying the reduce price of oil It's business company makes profit of it
@somrajsaha3215
@somrajsaha3215 4 жыл бұрын
Hilarious yet entertaining.
@mohamadehtheshams2527
@mohamadehtheshams2527 2 жыл бұрын
Nicely Explained ☺️
@Annu1tco3pt1s
@Annu1tco3pt1s 6 жыл бұрын
This is Dora the Explorer version of Autistic news.
@BisboWorld
@BisboWorld 6 жыл бұрын
+Jimmy Rustles lol. A backhanded compliment! But see our newer vids, you may change your mind
@surajbhandage5685
@surajbhandage5685 6 жыл бұрын
SIR, I JUST TURNED A HUGE FAN OF YOURS. YOU HAVE EXPLAINED EACH AND EVERY ISSUE IN SUCH A SIMPLISTIC WAY......
@BisboWorld
@BisboWorld 6 жыл бұрын
+Raj B thanks Raj. Very happy to have your comment
@TameTusker
@TameTusker 5 жыл бұрын
@@BisboWorld Bro, an editorial suggestion? You don't MAKE OIL but produce it?😊 Nice video!😊
@khanmujahid3755
@khanmujahid3755 4 жыл бұрын
Yrrdufuf
@ojasramprakash
@ojasramprakash 2 жыл бұрын
😂😂🤣 and KZfaq recommended this video after 5 just to rub the salt 🧂 on the wounds. It is way more costly now and once the price are increased it never comes down even if oil barrels price gets reduced.
@kewintaylor7056
@kewintaylor7056 7 жыл бұрын
Thx for explanation.
@BisboWorld
@BisboWorld 7 жыл бұрын
+Rattanarerg Onyaem welcome Rattan
@tourmoor5784
@tourmoor5784 3 жыл бұрын
first time viewing the video after 5 years on 2021 may 26
@vigneshbalachandran9704
@vigneshbalachandran9704 6 жыл бұрын
5:03 funny to hear... Fuel price in india is 100% high due to taxes...
@BisboWorld
@BisboWorld 6 жыл бұрын
+Vicky Vicky yes taxes are over 40% of the price
@youssefgharbi6550
@youssefgharbi6550 4 жыл бұрын
@@BisboWorld nice so we buying taxes not oil
@ie9920
@ie9920 7 жыл бұрын
*very good....cheap oli price can destroy the arrogant gulf countries*
@onefacex8375
@onefacex8375 6 жыл бұрын
very good...families will die of hunger when the oil finish's sooner or later they are muslims they must die even if they are innocent people im so jealous bcuz they are very very rich and im poor from a poor shitty country called bulgaria XDD that is you poor guy u have a very shitty poor country
@sharonishere
@sharonishere 6 жыл бұрын
OneFace M they should work like everyone else I'd they want to live. Otherwise fuck'em
@MrMoOomoOo91
@MrMoOomoOo91 6 жыл бұрын
AsesomeSource fuck you
@sharonishere
@sharonishere 6 жыл бұрын
محمد خالد you want free food?
@kevinlane1219
@kevinlane1219 6 жыл бұрын
$0.05 per liter is $0.19 per gallon, for those who are curious.
@BisboWorld
@BisboWorld 6 жыл бұрын
Thanks Kevin
@thunderdragon8363
@thunderdragon8363 2 жыл бұрын
Hey bisbo can you tell me which state are you from?
@falkhlaiwi
@falkhlaiwi 7 жыл бұрын
miss representation of history, oil reached 147 usd/barrel in 2008, a speculative bubble where all assets, commodities showed a huge price increase, vs a depreciating dollar. OPEC objective is to stabilize the price of oil so they can plan their budget, not to increase it without limit, if that was the objective then simply cutting their production by 50% will have oil prices go to unheard of prices lets say more than 300% but they know that this will have inflationary impact as well as a burden on economies not to mention high prices makes more expensive oil economical. the current low prices have roots in slightly lower demand growth, and an over supply between countries trying to bring others to the negotiating table.
@BisboWorld
@BisboWorld 7 жыл бұрын
+falkhlaiwi well analyzed. Good point
@Urga-fm7jb
@Urga-fm7jb 4 жыл бұрын
0:19 wtf is that map it’s ridiculously wrong
@johnmichel6208
@johnmichel6208 3 жыл бұрын
Mediterranean be like: peace out!
@wrotenwasp
@wrotenwasp 7 жыл бұрын
reminds me of a documentary on an old 16mm Bell & Howell projector in the 70s
@BisboWorld
@BisboWorld 7 жыл бұрын
+wrotenwasp yea agreed. This was our very first video. Take a look at the newer ones and tell me what you think. Bisbo
@hamidtrk58
@hamidtrk58 6 жыл бұрын
Thank you sun
@newday1393
@newday1393 2 жыл бұрын
Who r at 2021
@rahulvp9184
@rahulvp9184 7 жыл бұрын
As an Indian I am so happy to hear this news
@Godfather9814
@Godfather9814 2 жыл бұрын
Feels like a tutorial to a 90s pc oil tycoon game 😂
@kkkirytenahtss1
@kkkirytenahtss1 5 жыл бұрын
Bisbo iconic voice
@krishnenduray1758
@krishnenduray1758 2 жыл бұрын
the price of oil is now less ten dollar a barrel ..indian govt is rising prices of oil everyday ..they came to power claiming they will reduce the price of oil ..but they increased the price to a record level .
@jackvale6009
@jackvale6009 2 жыл бұрын
Its 75$ a barrel
@kailashpatel8663
@kailashpatel8663 2 жыл бұрын
1 barrel =159 litre so , 74 ×75 (conversion $ - ₹ ) =5550÷159 =it should be 34 indian rupees what we are getting is 100 rupees oil /per litre its more than triple 3× #waah modi ji waah
@fatehbirsinghchahal1257
@fatehbirsinghchahal1257 2 жыл бұрын
@@kailashpatel8663 34 figure is not accurate it is like 38 to 39 like the commission of petrol pump owners like 1ruppe and shipping is also like 1ruppe per litre and refining is like 2to3 ruppe but takes are 35 ruppe for centre and 22 ruppe for state these figures are googled so they may be a little inaccurate but the taxes really need to be controlled
@kailashpatel8663
@kailashpatel8663 2 жыл бұрын
@@fatehbirsinghchahal1257 yea btw i took roughly roundoff but if you increase 10 -20 rupees (taxes , transport etc .... ) more on per litre still its too much more than triple , today I saw on petrol ⛽ pump it was like 106 ( mumbai ) its increasing too much day by day
@whyalwaysme2522
@whyalwaysme2522 6 жыл бұрын
I'm subscribing.
@tatakae9102
@tatakae9102 2 жыл бұрын
Back when bisbo was animating class videos
@centaurus5676
@centaurus5676 6 жыл бұрын
If you lived in the uk this would be Titled ''Why oil prices remain high''
@BisboWorld
@BisboWorld 6 жыл бұрын
+Bigstep uk we did a follow up video on this a few months back and questioned why prices are higher at pumps when barre cost has fallen!
@preetamdevanga5180
@preetamdevanga5180 3 жыл бұрын
Well in india bjp has maintained high price even when oil barrels are at their all time low
@tell5g
@tell5g 3 жыл бұрын
If u knew economic u wouldn't be asknig question here
@doujapaohaokip9636
@doujapaohaokip9636 3 жыл бұрын
@@tell5g explain
@tell5g
@tell5g 3 жыл бұрын
@@doujapaohaokip9636 no need go search on google if u can't then it's not on me.
@teemum.9023
@teemum.9023 6 жыл бұрын
The anglo oppressors don´t like your colonial accent. For me, it is interesting, Indian female school teacher, who speaks almost flawlessly .
@pratheeshr.s1862
@pratheeshr.s1862 3 жыл бұрын
Colonial accent? !
@teemum.9023
@teemum.9023 3 жыл бұрын
@@pratheeshr.s1862 Yeah, generations ago. But if you look at the behavior of current British or American leaders in relation to poor migrant population, there it is. It still is a source of purity in identity and political power.
@pratheeshr.s1862
@pratheeshr.s1862 3 жыл бұрын
@@teemum.9023 my question was what you mean by colonial accent?? I have never heard of any such things, did you just make it up? Your answer got nothing to do with anything. You are one of the people who live in colonial memories, world had moved ahead a lot. Stop whining, there are lakhs of migrants who are extremely successful in Uk, and USA, if it is illegal migrants no one wants them, neither uk, usa or india appreciate it. Even africa when they when had a chance kick out poor asians who were living for generations in africa and took their property when edi ameen was on power.
@teemum.9023
@teemum.9023 3 жыл бұрын
@@pratheeshr.s1862 I think it is funny concept. Colonial accept means Brit talking about the inferior population, like the Indian accent to a native Brit, or African American to white Republicans. I said they don´t like your accent, not me. I do agree that people should learn to speak properly. In school I didn´t try to use a dialect in English class. Then it is about poor education system of average intellect of large populations.
@pratheeshr.s1862
@pratheeshr.s1862 3 жыл бұрын
@@teemum.9023 funny thing is you need a dictionary, first learn the word meaning of accent. Secondly you are a damn racist u just stated " inferior population like indian" im pretty sure you racist statement is offensive to many. Please carry your sorry ass out off here.
@BlackJack-di7ym
@BlackJack-di7ym 7 жыл бұрын
Even if it was cheaper like one cent, we must consider inflation rate also and period like great depression,
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