Is crude oil essential for the development process in a country? Discuss.
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Answered by
106
yes , crude oil are more expensive so if any country import or export crude oil then that country get more profit so ,I think crude oil essential for country development
renug8572:
Can you plz elaborate coz I also want to know the answer of this question
Answered by
62
It would be hard to create an economy growing without oil and natural gas because it is the foundation of every industrialized economics on Earth right now. Crude oil contributes 97% of the energy for transport such as cars, trains, airplanes in the world.
Crude oil contributes 97% of the strength for transportation in the world. The importance of crude oil is
It is used in lubricating oils petrochemicals for compost, paint, chemicals, pharmaceuticals, cleaning drugs, etc.
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