Oil effects on the world

Who uses oil as an energy source?

Oil is used by the whole world with each part only having so much of it. Australia’s oil consumption is predicted to increase in the next two decades. Oil accounts for 34% of the world’s primary energy consumption which means it plays a big part in the world’s energy to help us with things like transport. Australia owns 0.3% of the world’s oil sources, in the world the oil reserves are at an estimate of 1.4 trillion barrels and Australia owns only 0.3% of it. The country that owns the most oil in the world is Venezuela because that is the place where the most oil is found.

Top 10 country’s with the most oil:

1

 Venezuela (see: Oil reserves in Venezuela)

297,170[2]

2

 Saudi Arabia (see: Oil reserves in Saudi Arabia)

269,913

3

 Canada (see: Oil reserves in Canada)

173,625 – 175,200

4

 Iran (see: Oil reserves in Iran)

157,300[3]

5

 Iraq (see: Oil reserves in Iraq)

140,300[4]

6

 Kuwait (see: Oil reserves in Kuwait)

104,000[2]

7

 United Arab Emirates (see: Oil reserves in the United Arab Emirates)

97,800

8

 Russia (see: Oil reserves in Russia)

80,000[2]

9

 Libya (see: Oil reserves in Libya)

48,014

10

 Nigeria (see: Oil reserves in Nigeria)

37,200

 

 

PLUS MINUS INTERESTING
 Oil is good because it helps us with transport and cooking and lots more. It can be found in a lot of places. Oil can be transported all over the world by ships and planes.

 

Oil can leek when it is getting transported. It releases fumes that pollute the air. It can soon run out after time.

 

Australia only owns 0.3% of oil in the world. Venezuela owns the most oil in the world. There are an estimate 0f 1.4 trillion barrels in the world of oil.

 

Bibliography:

http://www.ga.gov.au/image_cache/GA16759.pdf

http://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves

http://www.mapsofworld.com/world-top-ten/world-top-ten-oil-reserves-countries-map.html

 

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