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because you need it it for your car, bus or what ever transportation. e.t.c. so in conclusion oil companies need to in total 84 million barrels a day!
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When did the oil industry become a huge business?
Even before, the oil industry have been a huge aspect in the international market as it contributes to a lot of market needs and what makes the market around the globe flowing.
What was the rise of big business and industrialization?
steel oil rail roads and shipping
How much tax does the oil industry pay?
Yes i can answer it!! As of June 1st 2012 Big Oil Companies pay around 86 million dollars a day in taxes. So get a calculator that can give you the correct answer. $86 million times 365and days in a year.
What does G and G mean in oil industry?
germs and generation lol
How many employees work in the oil and gas industry worldwide?
According to the Oil and Gas Global Salary Guide for 2013, there are 5 million people employed worldwide in the gas and oil industry. One would also assume there millions indirectly working in related jobs. There are also 6.5 million people working in the renewable energy industry worldwide.
Why the petroleum industry is a big business and how?
The petroleum industry is big business because society depends on petroleum for energy. Oil accounts for a huge percentage of the entire worlds energy consumption.
What industry did Ida tarbell arget?
the oil industry
When did the oil industry become a huge business?
Even before, the oil industry have been a huge aspect in the international market as it contributes to a lot of market needs and what makes the market around the globe flowing.
How did Saudi Arabia become so rich after 1938?
earned great wealth from the oil industry
What are the best business administration careers?
The best business administration careers are careers that pay well and are enjoyed by those doing the jobs. If you like the oil industry for example, a career in financial administration in a big oil company could be the best career for you.
Who dominated the oil industry in the 1880s?
John D. Rockefeller. Apex :)
Why did the Midwest become a center of industry?
Because of oil maybe.
What is least affected by business cycle automobile manufacture food processing oil and gas industry ship building iron and steel industry?
oil and gas
Did john d Rockefeller become a magnate the oil industry?
yes
How did John Rockefeller monopolize the oil business?
John D. Rockefeller revolutionized the oil industry by reducing prices for the consumer, monopolizing the petroleum industry. ! Silence Do Good.
What is the correct pairing of a titan of industry and his business?
Pairing of some industry titans and his business are: J.P.Morgan - banking John D. Rockerfeller - Standard Oil and other business ventures Bill Gates - Microsoft
How did john d rockafeller get his fortune?
John D. Rockefeller amassed his fortune primarily through his company, Standard Oil. He built a monopoly in the oil industry by acquiring and consolidating various oil companies, controlling oil refining and distribution, and leveraging his influence. His business practices and strategies, along with a strong focus on efficiency and cost-cutting, helped him become the wealthiest person in modern history.
