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Petroleum. Was used for more than just making gas for automobiles
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Why was petroleum in high demand even before the invention of the automobile?
Petroleum. Was used for more than just making gas for automobiles
Even before the invention of the automobile why was petroleum in high demand?
Petroleum. Was used for more than just making gas for automobiles
Even before the invention of the automobile petroleum was in high demand because it could?
c) be turned in kerosene.
Petroleum was high in demand because it could?
Petroleum was high in demand because it is an invention. This is used in an automobiles.
When and why did the demand for petroleum explode?
The demand for petroleum exploded in the early 20th century, particularly after World War I, as industrialization and the rise of the automobile revolutionized transportation and manufacturing. The discovery of vast oil reserves, coupled with advancements in drilling technology, made petroleum more accessible and affordable. Additionally, the development of oil-based products, such as gasoline and plastics, further fueled its demand, leading to its establishment as a critical energy source in global economies.
Why was petroleum in high demand even before its use as fuel for automobiles?
it could be turned itno kerosene
What came first supply or demand?
Sometimes supply, sometimes demand. Certain items are invented before there is a great demand for them. EX: a piano. Other items are created because there is a great demand already. EX: the automobile.
How are the invention of the light bulb affect the oil industry?
The invention of the light bulb significantly impacted the oil industry by reducing the demand for kerosene, which was widely used for lighting before electric lighting became prevalent. As households and businesses transitioned to electric lights, the market for kerosene diminished, leading oil companies to seek new applications for petroleum products. This shift spurred innovation and diversification within the oil industry, ultimately paving the way for the development of gasoline and other petroleum-based products for transportation and industry.
Who has the most petroleum Mexico or the US?
The US has the most petroleum. However, demand is so high that the US has to import most of the petroleum it consumes.
Why is lead again in demand?
The primary demand for lead in 2003 resulted from growing demand for rechargeable automobile batteries
What are examples of derived demand?
automobile and steel industry .
Which invention created a demand for rubber?
The Car
