Petroleum can be found in a number of areas in India, including the following: Raigad, Jamnagar, Bhilwara and Patna. In these locations there are significant crude oil reserves, which can be exploited to produce and use petroleum.
Most of the world's oil reserves are now located in Saudi Arabia and Canada. Oil is vital to the functioning of the modern world, but presents a major problem for future generations: It is likely to run out in around fifty years. There is no way to produce petroleum; the fossil fuel forms via natural processes which take millennia. For this reason, the world must develop ways to manage with much less oil. Eventually, it must learn to function without this use of oil at all. Many believe that when the oil runs out, World War Three will take place as countries fight over remaining oil supplies.
Most of the world's oil reserves are now located in Saudi Arabia and Canada. Oil is vital to the functioning of the modern world, but presents a major problem for future generations: It is likely to run out in around fifty years. There is no way to produce petroleum; the fossil fuel forms via natural processes which take millennia. For this reason, the world must develop ways to manage with much less oil. Eventually, it must learn to function without this use of oil at all. Many believe that when the oil runs out, World War Three will take place as countries fight over remaining oil supplies.
- What is petroleum?
- Petrol