Oil's Impact On The Modern World

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Oil has made a huge impact on today’s modern world. From the environment, to the economy, to transportation, oil has been a driving force to the advances of those industries. Although oil has increased global trade and made global and local transportation easier, it has also had negative effects on the United States oil trade with the middle east, and on the environment. Oil’s damage to the environment is extremely extensive, and continues to increase and rapidly puts the world into greater environmental debt. Oil has had a massive overall impact on the world at large, but more specifically, it has shaped the modern world environmentally, through the effects of various oil spills, economically, through global trade and foreign relations, and …show more content…

Oil, as a fuel source, is so widely used because it harnesses a lot of energy from the sun. Oil’s influence on modern transportation has made many advancements to today’s technology starting with the invention of the first engine. Those ideas were then produced into the more advanced transportation technologies that the world uses today, such as automotive vehicles, and shipping vessels. Transportation was initially affected by oil when the Internal Combustion Engine (ICE) was invented. The ICE changed increased the possible speed at which all vehicles could travel, and increased travel range for these vehicles. The ICE ran completely on oil, which made oil a popular fuel technique, and originated the need for oil that the world has today. The time period of World World War I also demonstrated the development of oil, and its importance for the success of vehicles at the time. Great Britain, and many other developing countries alike, turned to oil because of its advantages over coal. Because of oil and ICE engines, motorization advanced throughout the world, and the demand for Oil increased. It is hard to believe that one simple commodity could impact the world so greatly, yet oil stands as a testament to that concept. Today, the world uses 85 million barrels of oil each day, at 42 gallons a barrel. These statistics only increase as time goes on, and as …show more content…

"OPEC Oil Embargo ." Gale US History in Context. http://ic.galegroup.com/ic/uhic/ReferenceDetailsPage/ReferenceDetailsWindow?failOverType=&query=&prodId=UHIC&windowstate=normal&contentModules=&mode=view&displayGroupName=Reference&limiter=&currPage=&disableHighlighting=false&displayGroups=&sortBy=&source=&search_within_results=&action=e&catId=&activityType=&scanId=&documentId=GALE%7CEJ1667500484&userGroupName=sand55832&jsid=d0432a3458ac8cd5a190eec20f33e239 (accessed November 19, 2013). Holmes, Frank. "How Growing US Oil Production will Affect the World." How Growing US Oil Production will Affect the World. http://oilprice.com/Finance/investing-and-trading-reports/How-Growing-US-Oil-Production-will-Affect-the-World.html (accessed November 16, 2013). Hurley, Michael , and Adam Lyons. PWC , "PWC UK." Accessed November 17, 2013. http://www.pwc.co.uk/oil-gas/publications/shale-oil-what-next-for-the-oil-industry.jhtml. Koenig , Brian. "Unconventional Oil and Gas Industry Created 1.7 Million Jobs This Year." Unconventional Oil and Gas Industry Created 1.7 Million Jobs This Year. http://www.thenewamerican.com/tech/energy/item/13393-unconventional-oil-and-gas-industry-created-17-million-jobs-this-year (accessed November 20,

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