Oil is primarily formed from algea that died and sank to the sea floor. Layers of sediment were deposited on top of this. Under immense pressure and high temperatures, the algae was converted into kerogen and then oil. Different oil deposits are dated to differen ages rangingf from over 500 million to less than 50 million years old.
Crude will never run out, but it will run terrifyingly short due to the population of planet earth and the dependency on oil. Crude oil is a renewable resource although some say it is not. Oil is created over millions of years of temperature and pressure on decaying matter such as plant life or animal life. Oil will make itself just as it did when we discovered it. Though with the amount consumed today, the amount will never reach a sustainable level.
It oxidizes quickly when exposed to air and reacts violently with water, producing enough heat to burn the hydrogen created in the process.
Weighted average of oil consumed:(rate of oil A * quantity of oil A) + (rate of oil B * quantity of oil B)Quantity of oil (A+B)GCV of oil consumed:(GCV * quantity of oil A) + (GCV * quantity of oil B)Quantity of oil (A+B)
The oil is a compound, the additives make it a mixture.
Basil, Bergamot, Citronella oil, Clove oil, Geranium oil, Jasmine, Lavender oil, Lemon oil, Sandalwood, Tea tree oil, Thyme oil, and Yarrow oil are all commonly used fragrences
Marathon Oil was created in 1887.
Schaeffer Oil was created in 1839.
Irving Oil was created in 1924.
Humble Oil was created in 1911.
Oil's Well was created in 1983.
Oil Gobblers was created in 1988.
Oil Barons was created in 1983.
Maersk Oil was created in 1962.
Duke of Oil was created in 1986.
Enterprise Oil was created in 1983.
Heritage Oil was created in 1992.
Neste Oil was created in 2004.