Whenever there are discussions about the pros and cons of petroleum, we always love to crucify petroleum for its inability to be renewable. These organisms sunk to the bottom of the sea and were buried by sand and mud. Report a Violation. 3. importance of petroleum Essay Examples. Petroleum and petroleum-based chemicals are important in manufacturing plastic, wax, fertilizers, lubricants, and many other goods. to. It is agreeable that petroleum is such an essential product in our current world that will be hard to do without. Although it is a reliable source of energy currently, we can’t say that it will last forever. Oil provided approximately 34 percent of the world's energy needs in 2008. Fact Check: What Power Does the President Really Have Over State Governors? Petroleum is used for a wide range of applications, most-notably powering internal combustion engines, according to Petroleum.co.uk. Asphalt, macadam and pitch are indispensable for the construction of road network. Clean capture technologies can limit many of the negatives, while improved maintenance and supervision of transportation networks could prevent leaks. Since then the meteoric rise of this fossil as a source of fuel in the global energy scene was spectacular — soon it surpassed all other traditional sources of fuel. Petroleum is the most common as well as widely used fossil fuel around the world. Mining has been known to be quite a risky activity with people having to go tens of meters below the surface. After reading this essay you will learn about: 1. Every aspect of day-to-day life of man is somehow influenced by the use of petroleum. The importance of petroleum is that it is the most important source of energy in the world, and it enters into an infinite number of industries, such as the manufacture of plastic, soap, gum, and other technological industries, so no country can dispense with oil, Gives economic power to oil producing and exporting countries. The most prominent of these are the Gulf states, where oil is abundant and as a result of exporting oil to most countries, Arab countries. Traces of sulfur enter the atmosphere as well, even when the petroleum is classified as being sweet. Learn about medical products if they are Low-quality, A step-by-step guide to Affiliate Marketing with Arabclicks, Get Ready for Ramadan and Shop Your Groceries Online, Al Rajhi US Shares Trading The advantages of trading US stocks with Al-Rajhi. Here are some of the major pros of petroleum oil. Each week Britain produces about two million tonnes of oil and gas. Petroleum is one energy resource that offers numerous usage opportunities. Transportation networks that include pipelines, trucking, and tanker-based shipping can quickly bring petroleum from one part of the world to another. Petroleum is the mainstay of modern civilization. Petroleum is a finite resource. 3. Privacy Policy 8. Kerosene, gasoline, and oil come from petroleum. Though this theory had been discarded long ago, the name remains! Impact of Natural Gas and Petroleum on the United States Gross Domestic Product (GDP) The U.S. Natural Gas and Petroleum Industry size is $180 Billion annually, with an average sector-growth of 3% achieved in 2018. If a state over-relies on petroleum, ill-minded individuals can toss a state to and fro by controlling the petroleum industry based on selfish motives.