Top Secret Science in Energy

Top Secret Science in Energy — page 3
CRUDE OIL AND BIG BUSINESS Crude oil is a thick liquid found beneath Earth’s surface We use oil products for everything from asphalt on roads to gasoline in vehicles to plastic in bread bags Saudi Arabia and Russia each provide 13 percent of the world’s supply of crude oil The United States supplies another 12 percent and Canada follows in fourth place at 5 percent Governments and private companies play different roles in getting oil from the ground to the consumers or the people who buy and use the oil OIL COMPANIES In the United States and Canada many oil production companies are independent and operate only in their home country Some operate across North America A few U S oil companies operate internationally including ExxonMobil Chevron and ConocoPhillips Oil production is big business In 2018 ExxonMobil was estimated to be worth 344 billion Chevron is worth 239 billion and ConocoPhillips comes in at around 79 billion Oil pipelines transport oil to consumers They often run through previously undisturbed landscapes 6