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Oil is not a Villain! Here's what it's done for us

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Fact: With this growing trade and infrastructure building and renovation comes the added benefit of an equally "globalized" job market. As construction and manufacturing move more consistently into those areas of cheapest labor, with shipping costs so cheap thanks to a reliable supply of gasoline over the years, areas once known for squalor and poverty are now creating jobs, improving life styles of their citizens and competing on a global and more level playing field.

Fact: It is through our research and experimentation with learning how to most efficiently utilize oil that we discovered the wonders of "plastic!" Do I actually need to list all of the various industries, products and services that prominently feature plastic? Just stop for 30 seconds and look around you right now, do you see plastic being utilized as a basic building block of your modern day world?

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From the alarm clock that woke you up this morning to the car you will drive home in this evening, from the multi-media electronics that bring the world to you on a daily basis to the toys your kids play with, plastic is a vital part of our lives. If it wasn't for our usage of oil, there would be no plastic to even consider. Also, numerous oil derivatives are the major components of a wide array of medicines, make-ups and other chemical products

Fact: Inexpensive fossil fuel provides cheap energy to drive our cars, SUV, trucks, RV's, motorcycles, jet skis, and other off-road vehicles as well as run our lawn mowers, leaf blowers, trimmers and hedgers.

Fact: Oil has completely changed our world and our lives. What would the decline of inexpensive oil mean to us? Let us consider the term "Peak Oil." By definition, 'peak oil" is the point in time in which the world produces the most oil it can produce. That means after "Peak Oil," it's all downhill slide from that point on.

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If we have, in fact, reached that point, and many say that we have, then what we truly need to do is determine to develop a much stronger sense of respect and value for oil as an energy source. Perhaps oil, like anything that comes cheaply, was once taken for granted and not shown the deference that it deserves, but that attitude will not stand. If we are to survive into the next century, we need to come to a much deeper and more sincere respect and appreciation for what oil has and will continue to do for our lives.

This article was submitted by http://www.OilPrice.com - who offer free information and analysis on Energy and Commodities. The site has sections devoted to Fossil Fuels, Alternative Energy, Metals, Oil prices and Geopolitics.


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