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Why is oil so important in the world today?
Oil is crucial to the global economy as it serves as a primary energy source for transportation, industry, and electricity generation. It also plays a vital role in the production of various products, including plastics, chemicals, and fertilizers. Additionally, oil is a key driver of geopolitical relations, influencing trade dynamics and international policies. Its significance is underscored by ongoing debates around energy security and the transition to renewable energy sources.
What is an important industry in Scandinavia?
Norway has an important oil industry.
What is an important western European source of oil?
The North Sea.
Where is the largest oil pipeline in the world?
siberia
First oil well struck in the world?
usa
How important is oil for humans?
Just about every product made has oil associated with it from making the plant and machinery, to being part of the product (plastics rubber etc) to the vehicle that distribute it world wide
What is one important product in Alaska?
oil
What are two important factors account for Saudi Arabia's influence in world affairs today?
Oil and religion (Islam)
What is the most important primary product of southwest Asia?
Oil
What was the most important primary product of southeast Asia?
Oil
Who are the important people in the oil industry today?
a geologist
What is the most important product of the Middle East?
The most important resource for the whole region is oil.
The most important natural resources in middle east today is?
Oil.
What is Canada's most important products?
Oil and Gas are Canada's #1 export but hockey is our most important product.
What did Arabia contribute to the world that is still used today?
Oil.
How is oil important to the world?
none of the above.
What is Alaskas most important natural resource today?
Oil and freash water
