Just Stop Oil !? Part 1 - Gasoline | Frankly #37
The Great Simplification with Nate Hagens
Nate Hagens
4.8 • 553 Ratings
🗓️ 14 July 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
In this must watch Frankly, Nate illustrates how a reduction in the demand for gasoline will not - as commonly believed - result in a 1:1 reduction in the demand for oil. This is contrary to a widespread perception, which much growth in the Electric Vehicle industry has been based on, about the correlation between a decline in gasoline usage resulting in an overall decline in oil production and CO2 emissions. While a significant portion of oil refining results in gasoline, we need to be aware of modern civilization's deep dependencies on the remaining products that all come from the same barrel of oil. Only then can we understand and plan for feasible pathways to reducing oil production and consumption within the confines of a growth-dependent complex adaptive system. How can movements such as Just Stop Oil better reflect the reality of the current oil production system and our economy?
Stay tuned next week when Nate shares 7 potential paths to a less oil-dependent future.
A special thank you to Joris van der Schot, John Rowan, Robert Rapier, and Art Berman for helpful input on this video.
To Watch on Youtube: https://youtu.be/H-zYjcsLE_E
For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/37-just-stop-oil-part-1-gasoline
Transcript
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| 0:00.0 | Greetings. |
| 0:02.0 | Systems, system, systems. |
| 0:05.0 | Um, kind of a core message from the Great Simplification podcast and these |
| 0:13.0 | frankly's is we need to educate and inform more people about how the parts and the processes fit together. |
| 0:21.6 | On this frankly, I'd like to take a hypothetical example of what the implications would be |
| 0:28.6 | if for whatever reason, technology, law, activism, we no longer needed gasoline in the world and what that would imply. |
| 0:44.0 | Because I think the answer to this hypothetical experiment will shed light on a non-systemic |
| 0:53.0 | practice in a multi-billion dollar industry in the world. |
| 1:09.2 | Oil, this incredibly powerful substance that we use over 30 billion barrels of per year. |
| 1:18.6 | Each barrel is condensed ancient algae phytoplankton from the ocean that lived between one and hundreds of millions |
| 1:29.5 | of years ago in ancient oceans. |
| 1:32.6 | This stuff on human timescales is indistinguishable from magic for what it does for us. |
| 1:39.7 | In a barrel of oil, there are many thousands of products that come from the barrel. |
| 1:45.0 | Gasoline, butane, propane, diesel, kerosene, jet fuel, asphalt, precursors for plastics, |
| 1:53.0 | which result in paint and tires and all kinds of medicines and medical devices, |
| 2:01.6 | all kinds of things come from oil. |
| 2:03.6 | But here is a prevalent misconception, |
| 2:08.6 | especially in the environmental movement, |
| 2:10.6 | on how oil is processed. |
| 2:13.6 | So imagine we have five barrels of oil. |
| 2:16.6 | We turn those into these products. This is kind of a horizontal transfer of creating all these products that we want from this barrel of oil. So if suddenly we no longer needed gasoline, gasoline is around 40% of a barrel of oil. Then we don't need as much |
| 2:37.7 | oil. We only need three barrels of oil to generate all the other products that we needed because |
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