World's Dependency on Oil

In today's society the world has grown to verysources of alternative energies. Solar energy is
dependent on the consumption of oil. Many countriesbecoming more and more common as a means to
have grown away from previous forms of energypower things that normally run off of electricity.
and have made oil their primary source of energy. AsEthanol is starting to creep into the gas tanks of
the world continues to grow, the developingmore and more Americans as we see countries like
countries acquire a thirst for crude oil. Oil has played aBrazil in South America running on ethanol, and
unique role in the economy and history of moderndepending less on gas. Wind energy farms are
times. No other raw material has been so critical instarting to dot the countryside in countries all over
shaping the destiny of nations. While Saudi Arabiathe world.
leads the world in oil exports, Russia and the UnitedThe world has grown a disturbing addiction for oil.
States follow closely behind in their oil exports. As forMany oil fields around the world are headed for
importing the United States leads the way. With theirdepletion. National statistics are unreliable at best, or
fuel ineffective vehicles, American consumes more oilclassified at worst, and national oil companies control
than the next four leading oil consuming countriesup to 80 percent of oil and natural gas reserves. The
combined. The world's oil supply is running out andmain problem of oil shortages today is not lack of
the demand continues to rise. With the world'sreserves in the ground, but lack of access above
building dependency on oil and if alternative forms ofground. The demand for oil continues to rise right
energy are not utilized our future gas prices,along with the population growth. Recognizing the
economy, and way of life will continue to suffer.inherent, systemic, and long-term instability of the
In order to reduce our dependency on oil, we needglobal oil markets is the first step in addressing the
to utilize the different forms of alternative energy.problem the world. is facing. Continuing research on
The world's oil supply is running out and investmentsalternative energies and creating fuel effective
in alternative forms of energy will make for avehicles is a great place to start in resolving the
promising future. Solar Energy, Wind Energy,world's oil dependency issue.
Bio-Fuels, and Hydro Electric energies are all viable