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Arthur Berman: “Oil: It Was The Best of Fuels, It Was The Worst of Fuels”

The Great Simplification with Nate Hagens

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The Essentials of Oil

This chapter unpacks the fundamental aspects of oil, including its origins from ancient organic materials and the major global reserves. It emphasizes the crucial economic role of oil, its refining processes, and the various products that stem from it. The discussion highlights the interplay between oil consumption and economic performance, clarifying common misconceptions about the source of oil.

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