Sunday, March 3, 2013

The Oil Industry Is Here To Stay – A Worldwide Assessment of Current Issues


The oil and gas industry is both essential to the modern economy and a source of environmental pollution, and hence is inherently controversial. What are its prospects? What are its origins? What international regulatory challenges is it facing? And what opportunities are there for the oil and gas industry when working with and alongside international organizations? International news services presents here an introductory e-book for managers, executives and researchers who want an accurate and basic briefing on the sector, which will spark fresh lines of enquiry and initiatives involving this key industry.
INSTRUCTION – OIL AND  GAS  SECTOR WEATHER THE RECESSION : The Oil and gas sector is one of the most controversial industries of the modern world :developed economies cannot run without it increasingly, with concern about global warming emission rising- it is clear that countries may use its services more sparingly in the future.
Its tentacles run deep into more businesses: heavy manufacturing and transport of course, but also utilities, and consumer goods via petrochemicals.And so when the oil and gas price moves, so does the cost of many goods and services worldwide. In short if a business needs a lot of energy, then oil and gas prices will matter a lot. And until renewable energy becomes far more prevalent than it is today, these fossil fuel will continue to be the lifeblood of modern economies.
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