Merits of the Oil and Gas Industry
Oil and gas are the most popular ways of solving energy problems. All the industries that produce energy that is produced and sold to the worlds are all under energy industry. There has been an increasing rate of energy consumption in the world today. Energy industry is very crucial for the operation and the maintenance of the society at large. Depending on the lifestyle we live, different industries produce energy for our use. Among the many industries are petroleum industry, gas industry, electric industry, coal industry, nuclear power industry etc. It is important to note that oil and gas industry hold a bigger part of the energy industry.
To begin with, petroleum industry refers to the processes of exploring, extracting, refining and marketing petroleum products. The type of petroleum that has popularly been used in the world today includes fuel oil, gasoline and petroleum. Petroleum has been used for so many years, dating back to 3000BC. Early man made fire using oil and used it during wars. Note that oil has a lot of uses to the world today. Oil has been used as a raw material for many chemical products. Oil is a necessary requirement in making fertilizers, pharmaceutical solvents and even plastics.
For the purpose of producing energy in industries, oil is very important. Most of the machines in big industries can barely operate without petroleum. Transport requires fuel for the vehicles to move. It is an important factor in transport system. People use paraffin at home to either cook or provide light for the families. It is therefore a very necessary thing to the society.
Gas energy is very essential to the world. The energy requirements in the world can easily be solved by natural gas. Using gas means less carbon emitted to the air. Approximately less than thirty percent compared to that of oil as a form of energy. This shows that natural gas is the best in conserving the air compared to the other forms of energy.
Gas in the world of today has been used in a number of ways to provide energy. There has been development of the gas burners that are used to produce fire for cooking. These types of cookers are seemingly very fast and the strength of the fire can be reduced or increased. Modern trains use compressed gas in liquid form to drive buses and some types of trains. Gas has also been used to generate power more effectively and cheaply. There is rapid development in gases; some countries like Canada are using it as the main source of energy.
It is true that the economy is gaining so much from gas and oil industries. Jobless people have become employed through gas and oil industries. Local businesses have been a major development in the community owing to the development of drilling activities.