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Oil and gas
Role of Oil and Gas in the Economic Development of the Global Economy - Oxford Scholarship
Oil and gas are the most important and valuable resources nowadays, because they play the key role providing people, plants and factories with energy. Then, nearly every automobile works with the help of gas, which is made from oil. No wonder, oil and gas are the most expensive resources which are concentrated in the hands of the richest people of the world, because it is difficult to imagine a more profitable business. Evidently, oil is important for the process of industrialization, because it is widely used in every industry. Oil is used for the production of petrol, chemicals, perfume, medicine, plastic and fertilizers that is why the value of the resource is very high and people will have to think much in order to create substances which can substitute oil in many spheres human life.
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