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Support the channel by shopping through this link: Patreon: Become a member: Motivation: Have you ever wondered why diesel cars sales experienced a boom in Europe but nowhere else in the world? The traditional explanation is that this is a combination of consumer preference and tax incentives. Unfortunately, this is both untrue and an oversimplification and today I will tell you the full story behind Europe’s obsession with diesel vehicles. Our story begins way back in 1973, with the frist oil crisis which occurred the Organization of Arab Petroleum Exporting Countries or OPEC initiated a total oil embargo. The result was a shock and dramatic shortage of crude oil that caused the price of a barrel of oil and derived products to increase by 300% shortly after the embargo was put into place. The problem wi
