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THINGS ABOUT GAS AND OIL

Added on: 31st Jul 2016

 

DURING THE 1800’S, GASOLINE WAS SO

WORTHLESS THAT REFINERIES

WOULD JUST THROW IT AWAY

During the 1800s, gasoline was so worthless that refineries would just throw it away

 

 

THE UNITED STATES ACCOUNTS FOR NEARLY

HALF OF THE WORLD'S OIL CONSUMPTION

The United States accounts for nearly half of the world's oil consumption

 

 

RUSSIA PRODUCES NEARLY 1 MILLION MORE

BARRELS OF OIL THAN SAUDI ARABIA EVERY DAY

Russia produces nearly 1 million more barrels of oil than Saudi Arabia every day

 

 

IN 2010, A LONDON BROKER NAMED STEVE PERKINS

GOT DRUNK AND ACCIDENTALLY BOUGHT OVER

500 MILLION USD WORTH OF OIL. HE SINGLEHANDEDLY

MANAGED TO PUSH THE GLOBAL PRICE OF OIL

TO AN 8 MONTH HIGH

In 2010, a London broker named Steve Perkins got drunk and accidentally bought over 500 million USD worth of oil. He singlehandedly managed to push the global price of oil to an 8 month high

 

 

ACCORDING TO THE WORLD HEALTH ORGANIZATION,

DIESEL FUEL IS MORE CARCINOGENIC

THAN CIGARETTES

According to the World Health Organization, diesel fuel is more carcinogenic than cigarettes

 

 

NORWAY HAS SOME OF THE WORLD'S HIGHEST

GAS PRICES. THIS IS BECAUSE THEY DON'T

SUBSIDIZE THEM BUT RATHER USE THE FUNDS

TO PROVIDE FREE EDUCATION AND IMPROVE

INFRASTRUCTURE

Norway has some of the world's highest has prices. This is because they don't subsidize them but rather use the funds to provide free education and improve infrastructure

 

 

EVEN IF ALL CORN AND SOYBEAN PRODUCTION IN

THE US WAS FOCUSED AT PRODUCING BIOFUEL

IT WOULD ONLY MEET ABOUT 10% OF THE

FUEL DEMAND

Even if all corn and soybean production in the US was focused at producing biofuel it would only meet about 10% of the fuel demand

 

 

THE USS ARIZONA HAS BEEN LEAKING OIL EVER SINCE

IT SANK IN PEARL HARBOUR DURING THE ATTACK IN 1941

The USS Arizona has been leaking oil ever since it sank in Pearl Harbor during the attack in 1941

 


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