Class Response- Oil

Today we learned about oil: sources, reserviors, and traps. We made maps of places where all three would overlay. Oil is a non-renewable resource, meaning we don't have much of it left in the world anymore. Sources are places where oil may be. Reserviors are sort of like containers, they are a place where the oil can be kept. Traps are kind of like lids on the reserviors. They keep the oil from rising.

Interesting Facts:
1.) In 1996 there were 1,047,200 million barrels of proven crude oil reserves.
2.) The top oil user is the USA (17 million barrels per day)
3.) The amount of petroleum products ending up in the ocean is estimated at 0.25% of world oil production: about 6 million tons per year.

More facts:
1.) Claiming a quarter of the world's proven oil reserves and some of its lowest production costs, Saudi Arabia was producing around 9.2 The most important factors contributing to the current rise in worldwide oil prices have been an increasing demand from expanding economies barrels per day of oil at the beginning of 2008.
2.) The most important factors contributing to the current rise in worldwide oil prices have been an increasing demand from expanding economies.

My opinion on oil is that is a a very significant resource, but nonrenewable at the same time. It will take millions of years for it to form again. This is why the gas prices are rising.
And the oil spills aren't helping either. When there is an oil spill, it harms wildlife around it. Oil is dangerous, but without it, we wouldn't be able to drive our cars. We would have to use solar powered cars, which would only work in the daytime. To summerize, I think oil is a useful resource, but I think we should do something to stop the oil spills.

http://www.offshore-environment.com/facts.html
http://en.wikipedia.org/wiki/Oil_price_increases_since_2003