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The most money made from the sale of oil is 300 billion dollars (ExxonMobil).BP 285 billion dollars in 2004.
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What fossil fuel makes the most carbon dioxide?
Coal is the fossil fuel that emits the most carbon dioxide when burned, due to its high carbon content compared to other fossil fuels like oil and natural gas.
Where does most of the world's oil com from?
Most of the world's oil comes from the Middle East region, particularly from countries such as Saudi Arabia, Iraq, and Iran. These countries have significant oil reserves and play a major role in global oil production.
What is the second most common liquid?
After water, the second most common liquid is likely some form of oil, such as vegetable oil or petroleum. Oil is widely used for cooking, transportation, and various industrial purposes.
What body of water has the most oil deposits around it?
The Persian Gulf is known to have the most significant oil deposits around it, with countries like Saudi Arabia, Iran, and Iraq being major oil producers in the region.
What is first trench oil?
First trench oil refers to the initial portion of extracted oil that comes from an oil well. This oil is usually the most valuable and highest quality compared to subsequent batches, as it is closest to the surface and has undergone less processing.
How does Kuwait get most money from?
Kuwait gets most of its money from selling oil to other countries
How do refineries make money?
A refinery makes money by taking raw oil and converting it into other petroleum products, such as gas and kerosene. By selling these refined products, they make money.
How does nigeria make a lot of their money?
by selling oil
Why do countries drill for oil?
To make money by selling it to larger countries
What country makes most of their money from oil?
Qatar has the highest per capita revenue from oil in the world with Kuwait being second and UAE third.
How does Libya make money?
95% from exporting oil the other 5% from investments all over the world
How do you make money if you own an oil company?
The Company makes money by: * Buying and selling goil and gas * Pipeline fees * Brokering third a party production * Lease sales As owner you make money by: * Salary for a job * Management fees * Dividends * Bonuses * Stock options
How much US oil is sold on the world market?
Today US oil the worldÕs most important energy market because oil is what makes energy. In todayÕs market a barrel of oil is selling for around eighty seven dollar and even more depending on the city.
How do Nigerian people make their money?
Nigerians make money by working at plants, companies and more like we do
What is Saudi Arabia's current history and events?
they are known for selling the most oil
What does Texas spend most of its money on?
Oil
How does Oman make the most money?
From oil deposits.
