write five point on the topic of a world without oil?
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Answer:
Have you ever wondered what would be the aftermath if the world’s oil reserves dry out? What will happen to our cities, our food, and our very way of life? It will be the worst nightmare for the whole wide world creating chaos and panic through every nation. Oil has been used as a modern economic fuel for more than a century. Imagine if all of this disappears. All the oil from the world dries out suddenly from Florida oil rigs to Saudi oil fields to North Pacific off-shore rigs to Tar sands in Alberta, Canada. The world will experience a major economic setback as all the oil that drives our cars, flies our planes, powers our factories and even the oil below the ground vanishes.
We have already explored and taken more than a trillion barrels of oil from the subsurface but what if it suddenly dries out? The drying up of oil reserves is a crisis that many scientists have predicted over the years and when this will turn to reality, the world will surely react.
Oil well and storage tanks
One Day without Oil:
Once the news of the depletion of oil reaches the people, everyone will rush to get their tanks filled, even if it may be for the last time. There will be huge lines at gas stations all over the world and the shortage of oil will lead to the hike in the price of oil per barrel as well. It will be like an economic crisis like that of 9/11 after which stock trading was shutdown in US. 2 trillion dollars of oil stocks will become worthless. Thousands of boats carrying billions of oil will be travelling throughout the world whereas the major exporters of oil such as Saudi Arabia and Russia will call back their boats certainly to conserve their own oil reserves. The US will be most heavily affected nation since it imports more oil than any other country in the world. US produces around 8 million barrels of oil daily but the usage is double the amount produced. The 1973 oil embargo caused many stations to run out of gas but a situation of such nature will be far worse causing thousands of stations to run dry. Every country has oil in reserve that is hidden away for strategic purposes. To save oil, the governments around the world will take drastic measures to conserve their reserves. Airplanes, boats, trains, all but the most vital transportations of the world will remain functional. The 4 million people who use air transport will be stranded throughout the world. More than half of the people working in the oil industry will be jobless within the day. Furthermore as the future of major industrial plants is dependent on the provision of oil and without any oil, production would be halted rendering more people jobless. The oil crisis will ignite a chain reaction that will cripple every part of our life, our hospitals, our food and our power. But after one day without oil, it will be just the beginning of a global crisis.
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The world would go to chaos. First, there’s transportation. It gets much worse still, of course, because a world without oil would quickly become a world without all of the products made from petroleum that we … We would not last 10 days in a world without oil. I just gave up and walked to work. A World Without Oil Have you ever realized how many things require oil to function. We can't survive without oil. U.S. People here in America use oil a lot more than we think. Thayer's big water geography homework is difficult because of in india essay. 6 ways your life would be different without oil and gas Blog / Economy / Operations December 10, 2014 You probably already know that oil and gas products fuel cars and heat homes – 94 per cent of transportation demand in Canada is supplied by refined petroleum products and more than half of Canadian homes are heated by natural gas. They have been very forward looking and are rapidly shutting down their oil extraction and also greatly reducing their electricity usage. Fuel shortage is not the only problem our enslavement to black gold would cause.