Publisher's Synopsis
Petroleum makes up for 40% of total energy consumption in the United States and about 90% of world's vehicular fuel needs are met by oil. Petroleum's worth as a portable, dense energy source powering the vast majority of vehicles and as the base of many industrial chemicals makes it one of the world's most important commodities. The top three oil producing countries are Saudi Arabia, Russia, and the United States. About 80% of the world's readily accessible reserves are located in the Middle East. Venezuela has larger reserves than Saudi Arabia due to its crude reserves derived from bitumen. It is an approachable and readable text for students at all levels, from undergraduates to professionals retraining. -