Professional Documents
Culture Documents
DISADVANTAGES OF
PETROLEUM INDUSTRY
• Technology Helps Reduce Drilling's "Footprint“, Exploring and drilling for oil may disturb land and ocean
habitats. New technologies have greatly reduced the number and size of areas disturbed by drilling,
sometimes called "footprints."2 Satellites, global positioning systems, remote sensing devices, and 3-D and 4-
D seismic technologies make it possible to discover oil reserves while drilling fewer wells.
POSITIVE IMPACTS OF OIL
• Although finding, producing, moving, and using oil can harm the environment but products
from oil (petroleum products) help us do many things.
• Oil is one of the most crucial commodities in the world that you cannot live without. This is
because it is used in almost all industries that require energy input such as motor vehicle
industry, power generation, and other numerous sectors. We use them to fuel our airplanes,
cars, and trucks, to heat our homes, and to make products like medicines and plastics.
• Extracted crude oil is refined and used to manufacture gasoline (used in transportation)
and petrochemicals (used in the production of plastics, pharmaceuticals, and cleaning products)
CONCLUSION
• It takes oil to create ethanol (a corn based fuel), it takes oil to make plastic, to make
computers, to build economies and nations - oil is needed.
• As we progress into the future, supplies will tighten and oil prices will increase further. the
global economy will soon begin to feel the squeeze. So what does the future hold? no one
knows. Obviously we must find renewable energy solutions, but for them to become our
major energy supply is a long time away and thus oil will remain an intricate part of our
society.
• According to the IEA's World Energy Outlook for 2007: "An abrupt escalation of oil prices
after 2015 as a result of a global supply crisis cannot be ruled out.“
• We must remain aware of our options now, make the best decisions looking forward, and be
prepared in all possible situations.