Question

Explain the reason as to why petroleum is playing an important role in our economy

Answer 1

This is very important because it leads to lower gasoline and energy costs for the average American. When Americans spend less on utilities and gasoline, they begin to spend more at their local businesses. Lower gas and utility prices mean cheaper goods, cheaper shipping, and cheaper transportation altogether.

The importance of oil. Currently, petroleum is among our most important natural resources. We use gasoline, jet fuel, and diesel fuel to run cars, trucks, aircraft, ships, and other vehicles. Home heat sources include oil, natural gas, and electricity, which in many areas is generated by burning natural gas.

Answer 2

hey here is ur ans

This is very important because it leads to lower gasoline and energy costs for the average American. When Americans spend less on utilities and gasoline, they begin to spend more at their local businesses. Lower gas and utility prices mean cheaper goods, cheaper shipping, and cheaper transportation altogether.

I hope it may helps u