The significance of petroleum as an energy source cannot be underestimated in today’s world. It is one of the most important sources of energy.
My argument today is that this will continue to be the case for at least the next 100 years. I will give you three reasons why you should consider my arguments.
Let us start from the basics
What is petroleum?
Petroleum is a fossil fuel which simply means it has been formed by decomposition of organic matter over millions of years.
This happens when large quantities of dead organisms underneath sedimentary rocks are subjected to intense heat and pressure.
For example. Asphalt, which is used to pave highways, is made from petroleum. Vehicles that drive on highways are made of materials derived from petroleum and run on fuels that are derived from petroleum.
Petroleum is recovered by oil drilling. After it has been recovered, it is refined and separated. It is most commonly refined into different types of fuels.
Petroleum contains hydrocarbons of different molecular weights. In general, the denser the petroleum the more difficult it is to process and the less valuable it is.
Why is petroleum the most important source of energy?
There are three reasons why petroleum is and will continue to be a major source of energy for the world.
- High energy density.
- Easy transportability
- Relative abundance of hydrocarbons.
Petroleum is being used, by volume, for producing fuel oil and gasoline, both very important primary sources of energy.
How is petroleum used for energy?
Biofuels, such as ethanol and biodiesel, are also used as petroleum products, mainly in mixtures with gasoline and diesel fuel.
For example, petroleum is the largest U.S. energy source.
You will use petroleum products to propel vehicles, to heat buildings, and to produce electricity. All these are sources of energy.
Petroleum is used as fuel to power vehicles, heating units, and machines, as well as being converted into plastics and other materials.
Because the majority of the world relies on petroleum for many goods and services, the petroleum industry is extremely powerful and is a major influence on world politics and the global economy.