Short video on modern history of oil (petroleum), the black gold, and its price over time, from around 1850 to 2018
Most of the industrial societies from 20th century onwards were powered by oil (petroleum), the black gold. Before oil became the driving energy source, there were no cars and no planes of the type that have dominated the 20th century and early 21st century so far. I think that ships and, to some extent railways too, moved over from coal and steam power to oil (petroleum).
Oil has been a vital part of modern industrial life of the 20th and early 21st century. It has triggered wars, regime changes and a boost in its prices has negatively impacted electoral fortunes of incumbent political leaders and their parties in democratic countries' elections, including in India (my country)!
I think this 14 min. 15 secs video on the modern history of oil including the very important factor of its price over time, is utterly fascinating. For those interested in modern history this is a must view video.
Petroleum - summary of the modern history of oil, https://www.youtube.com/watch?v=xMQUGSrnbP8, published by Geo History on 2nd March 2019.
Oil has been a vital part of modern industrial life of the 20th and early 21st century. It has triggered wars, regime changes and a boost in its prices has negatively impacted electoral fortunes of incumbent political leaders and their parties in democratic countries' elections, including in India (my country)!
I think this 14 min. 15 secs video on the modern history of oil including the very important factor of its price over time, is utterly fascinating. For those interested in modern history this is a must view video.
Petroleum - summary of the modern history of oil, https://www.youtube.com/watch?v=xMQUGSrnbP8, published by Geo History on 2nd March 2019.
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