I don't know whether it is all bad, but one disadvantage is that your country depends on other countries - and the other countries can (for example) suddenly decide to boycott your country.
bad countries very bad countries very very bad countries
its countries
the oil pump in the oil pan is bad, or worn bad enough that it no longer can push enough oil
FoREIGN oIL IS OIL THAT IS FROM ATHORE COUNTRIES OTHER THAT YOUR OWN
for example, they can develop their own industries without depending on other countries. Transportation will be less costly for countries with these resources. Other countries will pay for oil and coal.
Oil discovered in Malta, no. Malta gets oil from other countries.
It is likely that the piston rings are bad, and the oil is getting into the combustion chamber. that is if it is burning oil.
A major influence of crude oil prices is the price of oil to export it from other countries. It also has to depend on the relationship countries have with each other.
50% of oil comes from Canada, and is a raw material. Without it, the economy in the U.S. could suffer drastically, not to mention water and lumbar that is dependant upon other countries.
We buy oil or other oil products it.
Having large oil reserves can impact a region's relations with other countries in several ways. It can lead to increased strategic importance and influence in global politics. Countries with large oil reserves may also experience tensions and conflicts with other nations vying for access to those resources, as well as dependency issues if there are economic or political disputes. Additionally, having large oil reserves can make a region vulnerable to exploitation by foreign powers seeking to control or manipulate the oil supply.
No, if you have oil in your oil pan, you have other problems. It has nothing to do with your water pump going out or being bad.