Question

Write a detail note on the petroleum resource of India.​

Answer 1

Answer:

Petroleum is a commodity that can influence geopolitical events as it is so required for survival in the 21st century. Petroleum is used not just as a fuel, but as raw material in the production of other numerous essential commodities including food preservatives, parachutes, shoes, guitar strings, shampoo, anaesthetics, artificial limbs, yarn and many more. Thus, presence of petroleum is an indicator of prosperity of the region. No wonder petroleum is referred to as liquid gold, as it has diversified uses and is scarce just like the metal. Entire wars have been fought over control of this liquid gold.