Significance of Oil and Gas Companies
The best ways to solving energy difficulties could be tagged to the use of oil and gas. Energy industry deals with all the industries that are used to produce energy that is sold to the world. The world is consuming too much energy than expected. Operating and maintaining the society needs a great deal of energy. Depending on the lifestyle we live, different industries produce energy for our use. Among the many industries are petroleum industry, gas industry, electric industry, coal industry, nuclear power industry etc. It is important to note that oil and gas industry hold a bigger part of the energy industry.
To begin with, petroleum industry refers to the processes of exploring, extracting, refining and marketing petroleum products. Popularly, fuel oil, gasoline and petroleum are the most used forms of oil in the world today. The beginning of the use of petroleum dates to almost 5000 years ago. Early man made fire using oil and used it during wars. Oil has a lot of uses in the recent world. As a raw material, oil is being used to make chemical products. It has been used in making fertilizers, plastic industry and even in pharmaceutical solvents.
For the purpose of producing energy in industries, oil is very important. Most of the machines in big industries can barely operate without petroleum. Transport requires fuel for the vehicles to move. It is an important factor in transport system. People use paraffin at home to either cook or provide light for the families. It is therefore a very necessary thing to the society.
On the other hand, gas is a very crucial part of the world today. Natural gas is very important in solving the energy issues. Using gas means less carbon emitted to the air. Oil produces thirty percent more carbon to gas. This shows that natural gas is the best in conserving the air compared to the other forms of energy.
Gas in the world of today has been used in a number of ways to provide energy. Gas burners have been invented to aid in producing fire for cooking. The time use in cooking is less and the fire strength can easily be altered. Modern trains use compressed gas in liquid form to drive buses and some types of trains. A major use of gas has been in the electricity industry where energy produced is more affordable and very much effective. Gas is quickly developing and has become the major source of energy in some countries like Canada.
To the economy, both gas and oil have been very encouraging. Jobless people have become employed through gas and oil industries. Drilling activities have helped the community in developing small businesses.
Source: oil and gas