Economy

Can you Imagine what might happen in our world if one day the whole world uses up oil, or all the oil in the entire world essentially vanishes? Yes, you guessed it, our normal every day life will come to a complete halt. That is the amount that we depend on oil in our normal everyday lives. Everything from transportation and power to numerous other little things in our homes, all contain oil or some or alternate mixes of it.   Did you realize that around 12% of all worldwide oil production is completed right here in the United States of America? The U.S. represents around 23% of worldwide oil utilization, and to satisfy the interest, America needs to purchase oil from many other oil-producing countries.   Having said that, do you truly know why oil is so very crucial to us? We all realize that oil is utilized forREAD MORE!