Oil Production Role in the Economy
For every person who is driving a car or just moving with transport is important question about fuel's price
A population growth and high welfare level increase the demand for energy.
Oil has immeasurable impact on each country’s economy.
Presentation deals with a relevant problem about changeable oil’s market
The aim of research is to clarify what shapes and changes the price for fuel.
I want you to become familiar with glossary.
People know oil like energy resource more than 3000 years.
However, mass production of fuel oil began only in the late 19th century
People from Titusville (that is small town in Pennsylvania, USA) have long noticed that there accumulate oil next to the source. Some of enterprising businessmen were quantified that underground oil reserves may be large. So they needed to find a way how to get to them.
In that way, in 1859 Titusville was the first oil bore in the world - the oil industry was born.
These resources are limited.
Affects and destroys fishes, animals and plants.
Petroleum releases greenhouse gas, for its part that causes global warming. …