lunes, 18 de enero de 2016

The importance of oil in the world

Currently the world is not self-sufficient and therefore relies on oil, which is essential for economic stability in the world.

Alguan of petroleum in its many forms we use every day in our daily lives. Provides strength, heat and light; lubricates the machinery and produces tar to asphalt road surface; He and a variety of chemicals are manufactured.

Oil is the most important energy source in today's society. Think what would happen if she had just done suddenly conclude that it would be a real catastrophe: airplanes, cars and buses, most of the railroads, ships, power plants, heating ... many would stop working.

In addition, countries dependent on oil for their economies would go into bankruptcy. Oil is a nonrenewable natural resource which provides the largest share of the total energy consumed in the world. Oil's importance has grown steadily since its first industrial applications in the mid-nineteenth century, and has been responsible for wars in some parts of the world (Middle East). The high dependence on oil world, the instability that characterizes the international market and the price fluctuations of this product led to investigate alternative energy sources, but so far has not made a choice that really replace him.

Currently, the depletion of oil reserves is a serious problem because the current rate of consumption the world's known reserves would be exhausted within 40 years. Therefore, developed countries seek cheaper and renewable forms of energy such as solar, wind, hydro ... while oil-producing countries are pushing for further use oil or else their economies would collapse. Still, in the medium term, the situation does not seem so alarming, because we have to keep in mind that the undiscovered wells are substantially more numerous than known. In unexplored areas such as the South China Sea, Arafura, Bering Sea continental shelf or Argentina could be large reserves.
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