The Pros and Cons of the Oil Industry
Energy availability plays an essential role in the sustainability of any society. In fact, Liu (2015) argues that lack thereof affects the productivity of a nation and could result in mediocre development. 84 percent of the global energy consumption is comprised of non-renewable energy (Sheng, 2013). Precisely, petroleum and other related products. As such, this consumption pattern poses a threat to the environment since the non-renewable sources are harmful to the climate but are also exhaustible. However, the utilization of petroleum has had constructive impacts on the industrial development over the years. Its popularity in the automobile industry has ...