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  1. Oil is measured in barrels, which is equal to 42 US gallons or 159 liters.
  2. The US has the 10th largest oil reserve in the world. Venezuela has the largest, with 298.35 billion barrels compared to the US’ 33 billion barrels.
  3. The US consumes more oil than any other country -- 1.85 billion barrels per day.
  4. Gasoline makes up 45% of crude oil.
  5. Petrochemicals (found in oil) helped produce the electronic device you are reading on right now.

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  1. Oil petrochemicals are also used in medicine, recreational sports items, and cosmetics.
  2. Oil is also referred to as “Texas Tea” and “Black Gold.”
  3. The process of oil drilling begins with a drill cutting through the earth, allowing air to be pumped downwards, and once the oil is hit, it rushes to the surface and can shoot dozens of meters out of the ground.
  4. In the past 25 years, there have been more than two dozen oil spills in the US.
  5. Crude oil has been used for over 5,000 years ago. It was often used as a binding and sealing agent.
  6. Texas has the largest oil reserve in the US, and is responsible for almost ⅕ of the US’ crude oil reserve.

Sources

  • 1

    California Energy Commission. “Petroleum Products Yielded from One Barrel of Crude Oil in California.” Energy Almanac, 2014. Web Accessed November 3, 2014.

  • 2

    Organization of the Petroleum Exporting Countries. “Annual Statistical Bulletin.” 2014. Web Accessed November 3, 2014.

  • 3

    US Energy Information Administration. “Countries.” 2012. Web Accessed November 3, 2014.

  • 4

    US Energy Information Administration. “Petroleum & Other Liquids: Refinery Yield.” 2014. Web Accessed November 3, 2014.

  • 5

    American Petroleum Institute. “There’s a lot of life in a barrel of oil.” 2006. Web Accessed November 3, 2014.

  • 6

    American Petroleum Institute. “There’s a lot of life in a barrel of oil.” 2006. Web Accessed November 3, 2014.

  • 7

    National Geographic Education. “Petroleum.” 2014. Web Accessed November 3, 2014.

  • 8

    National Geographic Education. “Petroleum.” 2014. Web Accessed November 3, 2014.

  • 9

    Neuhaser, Alan. “Oil Spills Aplenty Since Exxon Valdez.” March 25, 2014. Web Accessed November 3, 2014.

  • 10

    Business & Economic Research Advisor. “History of the Oil and Gas Industry.” July 2013. Web Accessed November 3, 2014.

  • 11

    US Energy Information Administration. “Texas: Profile Analysis.” December 18, 2013. Web Accessed November 3, 2014.

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