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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.
What else can I help you with?
Using petroleum in a sentence?
Using petroleum in a sentence?
Is petroleum renewable or nonrewable?
is petroleum a renewable resource
When was petroleum created?
Qatar Petroleum was created in 1974.
What are good about petroleum?
One good thing about petroleum is that it allows our vehicles to run. Another good thing about petroleum is that it allows many people to have opportunities for employment in petroleum exploration.
What is petroleum energy?
Petroleum energy is energy derived from petroleum products: gasoline, diesel fuel, heating oil, etc.
Petroleum was high in demand because it could?
Petroleum was high in demand because it is an invention. This is used in an automobiles.
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 was petroleum in high demand before the invention of the automobile?
Petroleum. Was used for more than just making gas for automobiles
PETROLEUM IS IN HIGH DEMAND THAN BIO GAS?
yes
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
Is there a demand for Petroleum engineering in the future?
Oh yes! Not many students are going into petroleum engineering, whereas former P.E are retiring therefore more demand. Also a lot of oil and gas is being found around the world therefore compaines will be hiring a lot petroleum engineers!
What is meant by petroleum glut?
Petroleum glut means the production of petroleum is greater than the demand. When petroleum price drops due to over-production, the market cites it as an oil glut. Ref: http://en.wikipedia.org/wiki/1980s_oil_glut
Why was petroleum In high demand I'n the late 1800s?
It could be turn into kerosene.
Why doesn't the US use their own petroleum?
The US does use it's own petroleum sources. It doesn't produce enough for it's own demands. Petroleum exported by the US is not in as high a demand within the US.
Is there a demand for a engineer in the future?
Yes, very much so. Especially after the end of the petroleum age.
Even before the invention of the automobile petroleum was in high demand because it could?
c) be turned in kerosene.
