By the early 1950s, a holy trinity of oil, plastics and fertilisers had transformed the planet. But as Professor Iain Stewart reveals, when the oil producing countries demanded a greater share in profits from the Western energy companies, the oil and gas fields of the Middle East became a focus for coup d'états and military conflict.
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From the moment we first drilled for oil, we opened a Pandora's box that changed the world forever. It transformed the way we lived our lives, spawned foreign wars and turned a simple natural resource into the most powerful political weapon the world has ever known. But when exactly did geology turn into such a high-stakes game?
By the early 1950s, a holy trinity of oil, plastics and fertilisers had transformed the planet. But as Professor Iain Stewart reveals, when the oil producing countries demanded a greater share in profits from the Western energy companies, the oil and gas fields of the Middle East became a focus for coup d'états and military conflict.
As we entered the 21st century, the world was guzzling oil, coal and gas like never before. Despite fears of 'peak oil', Professor Iain Stewart discovers that while huge technological advances are helping extend the life of existing oilfields, new unconventional oil and gas supplies like shale gas and tar sands are extending the hydrocarbon age well into the 21st century.
Retiring comfortably middle-class in America requires more than $1 million in savings. How did the dream of golden years leisure get so out of reach?
S1E5 • Money Explained • 2011 • Economics
If you were setting out to make a country rich, what kind of mindsets and ideas would be most likely to achieve your goals? We invent a country, Richland, and try to imagine the psychology of its inhabitants.
The School of Life • 2015 • Economics
Does the stock market accurately reflect the status of the economy? Finance specialists discuss market history, valuations and CEO incentives.
Why is America the world's richest nation? Is it mostly because of the government, or is it thanks to entrepreneurs and businessmen?
Why do people keep falling for financial scams? Dive into the history of con artists and how technology makes it easier for these schemes to flourish.
S1E1 • Money Explained • 2011 • Economics
Over 10% of the world's electricity comes from nuclear power. But with radioactive waste and the threat of nuclear meltdown, are we playing with fire?
S1E8 • History 101 • 2020 • Economics