Crude Awakening
Do you know what tires, tennis rackets, trash bags and tooth paste are made of? They are all made out of ” Texas tea”-crude oil or liquid petroleum. About 1.7 trillion barrels of oil are discovered.The other 900 billion barrels of oil are undiscovered. Also the oil already provides 40 percent of the worlds energy. Fast developing nations such as China and India are putting escalating demands on global supply. The United States has only 4 percent of the earth’s population but guzzles about 25 percent of it’s oil supply. Roberts call the United States “energy illiiterate” because most Americans consider conserving energy only when faced with price hikes at the gas pumps.
