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Humans Are Far Too Independent on Oil, Discuss This Statement

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Submitted By alimshasha
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Human are far too dependent on oil to what extent do you agree with this statement.

As Fossil Fuels Dominate the Global energy situation, oil provides 34.8% of the world’s Energy being the number one source of energy in 4 out of 6 regions, especially in the Middle East with 50% and is also the number one extractor and exporter of oil. Oil Dependency is when a country is in need of oil to be able to function properly and without oil, it may crumble. Oil is the biggest single source of the world's energy. In the short-term vital public services like ambulances, fire-engines and public transport are all put in jeopardy when fuel supplies run low. The U.S. is the largest consumer of oil in the world, burning through 18.83 million barrels per day. Even if the U.S. produced all petroleum products domestically, Americans would still feel the shocks from market volatility. Oil is a global market, and market prices prevail regardless of origin. Despite policies to improve vehicle efficiency, America remains dependent on oil. This dependency presents several problems, especially in the long term. And it has happened before, The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo in response to American involvement in the 1973 Yom Kippur War. The US supplied Israel with arms. In response to this, OAPEC announced an oil embargo against Canada, Japan, the Netherlands, the United Kingdom and the US. The embargo occurred at a time of rising petroleum consumption by industrialized countries and coincided with a sharp increase in oil imports by the world's largest oil consumer-the US. In the aftermath, targeted countries initiated a wide variety of policies to contain their future dependency. After this kind of shock, I believe that humans will most likely adapt to the changes and lean entirely…...

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