If you live in the United States, you’ve likely heard people express rage at the current administration for rising gas prices, but you may also suspect that the world economy is a little more complicated than that. According to Sam Denby at Wendover Productions, the current surge in gas prices has little to do with politicians, and everything to do with a sudden (and profitable) switch in overall strategy for the oil and gas industry. High gas prices actually mark the swan song of a dying trade, an industry that’s scrambling to capitalize on the unwieldy transition as the world switches to renewables.
About the Speaker
Wendover Productions is an educational YouTube channel started by Sam Denby in 2010. The channel has over three million subscribers. Denby’s other channels include Extremities; Half as Interesting; and Sam from Wendover.