Not just money but oil is most important in the World

[adzino]

Obviously oil (petroleum/crude oil) is more important than money in the world. Literally everything that moves/transports things for you depends on oil. Imagine there are no oils. Engines won't work. Things will be delivered in the medial way. Prices will skyrocket. Its not only important for transportation, but also for plastics. Look around you and see how many objects are made of plastic (not talking about plastic wastes). Plastic is cheap. Why do you think the whole world is after oil?

[AicecreaME]

I somehow agree with this scenario that oil is the black gold of the industry due to that most of the expensive need of certain people is electricity aside from water of course, and electricity somehow comes from oil and this is one of the most expensive natural resources in which it runs vehicles and some other stuff. Just imagine a world without oil meaning no transportation services that operates due to the absence of crude oil.

Oil is indeed important and there's a reason why it is considered as black gold. Oil has so many purpose. Oil is important in different industries. It is vital to make the economy grow because without it, there will be negative chain effects.

Oil plays a significant role in transportation. Without oil, innovation would be useless since most vehicles still use oil nowadays. Of course, electricity-powered vehicles are a thing, but it is still limited and not yet widely used today. Oil remains to be the most used substance that makes car, motorcycle, and even aircraft's engine works.

Oil is also needed to produce electricity. Without oil, there would be little generation of electricity that could power the community. However, electricity production isn't limited to oil. There's also other way to produce electricity such as extracting energy from wind, ground, water, etc.

In addition, oil is used in food industry as well in household needs. It is vital to make food that needs to be sauteed as well as in different types of cuisine. You see, oil has so many benefits in human life. Without oil, the economy will surely have a hard time growing. Just look at the effect whenever there is an oil price hike. Everything's price goes up as well. Hence, we should value it because oil belongs to non-renewable resources.

[Coroline]

I somehow agree with this scenario that oil is the black gold of the industry due to that most of the expensive need of certain people is electricity aside from water of course, and electricity somehow comes from oil and this is one of the most expensive natural resources in which it runs vehicles and some other stuff. Just imagine a world without oil meaning no transportation services that operates due to the absence of crude oil.

Oil is indeed important and there's a reason why it is considered as black gold. Oil has so many purpose. Oil is important in different industries. It is vital to make the economy grow because without it, there will be negative chain effects.

Oil plays a significant role in transportation. Without oil, innovation would be useless since most vehicles still use oil nowadays. Of course, electricity-powered vehicles are a thing, but it is still limited and not yet widely used today. Oil remains to be the most used substance that makes car, motorcycle, and even aircraft's engine works.

Oil is also needed to produce electricity. Without oil, there would be little generation of electricity that could power the community. However, electricity production isn't limited to oil. There's also other way to produce electricity such as extracting energy from wind, ground, water, etc.

In addition, oil is used in food industry as well in household needs. It is vital to make food that needs to be sauteed as well as in different types of cuisine. You see, oil has so many benefits in human life. Without oil, the economy will surely have a hard time growing. Just look at the effect whenever there is an oil price hike. Everything's price goes up as well. Hence, we should value it because oil belongs to non-renewable resources.

Yes i agrre because Oil is the largest energy source in the world. All countries need oil which means this commodity will always be bought by the market. When the price reaches its highest point, oil will still be sold.

[zanezane]

That's what they want us to believe, there are a lot of other sources of energy or fuel but they don't like it because they don't make a lot of money out of it.

[rodskee]

Here is Why...
USA Control oil so USA have all power.
Some People Say China wlill compete with USA and Even like war.
I Tell You this...
To make war You need crude oil.  Without oil You cant do nothing
Even China production is mostly plastic what they export so to produce plastic You need crude oil.

Oil the Black gold.

There is no way anyone can stand against USA and USA dollar becouse by the numbers probably China India russia can Win over USA but for that they need oil... And who Got the all the oil? 
USA have it so until they Control oil the USA dollar remain king and future of New digital dollar development  as USDC and USDT  are just the small steps to make dollar great Again.

And look at bidden His the most smartest most strongest president with high diplomatic skills

Putin use to be Second serious president After Trump but now bidden Will Form world one one world government and bidden with USA dollar is Going to be king.

Im not on biden side or anyone I just tell how the things are.

When was g7 meeting we saw that bidden was Only strong Leader There like a boss.

To see that the biden are strong president we see that nobody willl take power of USA away.
Even China Will try with war...  But its Impossible USA have power over world oil and to get oil You need USA dollars and USA dollars u get it From USA Only

What about this you Stupid story teller? you recently told us about what we must know in life here

To be successful Independent and happy.
You need to Know those things Only...
Where is the money *
What is money *
How money is created*
How You Can benefit from money bst ways*
Banking*
Financial *
Investment*
When to Buy When to sell.


If You Don't Know this then Don't complain If You life Not good.
You Don't need to know anything else this all You must know.

Your Other skills have no value becouse in this world Only matters If You Can make money Invest banking and Financial.

and now you are breaking your own words?

this is a total BS , you talk a lot but all are nonsense .

better get out and stop talking because you are a clown that should not talk but just act.

[dmamigo]

Oil is really important as of now in this world. I think money and oil are dependent on each other but one day this is going to change as the world is trying to shift to renewable energy resources and everybody is currently researching more options about it. So, I think one day Oil won't be that important as it is right now.

[Shenzou]

You somewhat have a point about the fact that oil is currently one of the main things that countries are trying to get a hold off and without it you would have no power, but  we see a lot of countries also making sure to move away as much as possible from it as not only has a limited amount, but also it has some major impacts on the environment, that is why they are trying to create new energy forms and new materials to substitute oil, and it is only a matter of time before that happens and oil becomes inefficient and worthless. 

[Desmong]

Your point of view is limited and also, you don't have enough thesis to back your claim which was based on repeated instances. Whenever you are bringing out an argument or claim, we anticipate the validity of your claims to come with facts, not just running around the same bush with limited points.

Fine oil is power in this current world but with time, everything is going to be a thing of past cause innovations and technology is advancing every single minutes which is a sign of change in nature.
The United States has everything it takes to be the head but the question here is, how long would it takes. Every nations in this current time is trying their best to meet up to high expectations as technology innovation keep on advancing.

[Princejebs]

I think this debate is subjective to individual opinion and understanding of the context from different angle of finance and economics, there are some findings I may have which will convince me but it will be hard for another person.
Oil is a very good thing that's scarce in some other part of the world, this is where demand sets in, there are some nations of the world where large deposits of crude can be found but may likely lack refineries to produced processed product.
Chinese or US, everyone has a part to play, don't take side about world leading country.

[Kong Hey Pakboy]

This kind of claims is what makes us people stupid and stubborn in trying to change our way of thinking in terms of energy sources, a lot of renewable energy sources are better than oil but people is still thinking like this then the effort to change is futile.

[Vishnu.Reang]

This kind of claims is what makes us people stupid and stubborn in trying to change our way of thinking in terms of energy sources, a lot of renewable energy sources are better than oil but people is still thinking like this then the effort to change is futile.

With the current technology, you can't directly replace oil with renewable energy sources. Take the case of automobiles for example. The EVs are not directly running on electricity. On the other hand, they use batteries to store the electricity, and use these batteries to run the motor. And this means additional expenses. The battery used for Tesla EVs cost around $15,000-$20,000 per piece. Therefore the gasoline run vehicles are at least two to three times cheaper than the EVs. If you ban the gasoline run vehicles all of a sudden, then many of the automobile owners will be unable to afford a vehicle.

[1l1l11ll1l]

That's what they want us to believe, there are a lot of other sources of energy or fuel but they don't like it because they don't make a lot of money out of it.

The fact is that almost everyone uses oil today, and almost all economic activity will be crippled if the supply of oil is short or stagnates, so this business is huge. even today we can also see Aramco is one of the companies with the largest market cap in the world

[Wexnident]

This kind of claims is what makes us people stupid and stubborn in trying to change our way of thinking in terms of energy sources, a lot of renewable energy sources are better than oil but people is still thinking like this then the effort to change is futile.

I mean, if we were to actually take into account on which is more environmentally friendly and not, then yes, oil ranks really low but it doesn't take away the fact that Oil is one of the leading sources of energy that we have right now. I mean, if you were to think of it right now, why won't companies, governments, industries, etc use renewable energy sources in EVERYTHING if it was a lot better than oil right? It's because there are still hurdles to overcome. It's not really being ignorant imo, it's just having the better option that could accommodate what we use right now.

Not that I believe in what most of OP said, probably limited to "oil being important" and the rest is close to bs in my ears.

[Renampun]

...

The US is really smart, they have controlled oil for a long time because they know that it is the most important commodity in the world...

but China and Russia are the largest oil-producing countries in the world too, what if the two countries unite to control the world's oil? surely the US will have problems.

[Kong Hey Pakboy]

This kind of claims is what makes us people stupid and stubborn in trying to change our way of thinking in terms of energy sources, a lot of renewable energy sources are better than oil but people is still thinking like this then the effort to change is futile.

With the current technology, you can't directly replace oil with renewable energy sources. Take the case of automobiles for example. The EVs are not directly running on electricity. On the other hand, they use batteries to store the electricity, and use these batteries to run the motor. And this means additional expenses. The battery used for Tesla EVs cost around $15,000-$20,000 per piece. Therefore the gasoline run vehicles are at least two to three times cheaper than the EVs. If you ban the gasoline run vehicles all of a sudden, then many of the automobile owners will be unable to afford a vehicle.

I strongly disagree with that one because some European countries have done the initiative of cutting down diesel powered cars and there's one country in the region that is almost free of gas powered cars so I don't think that it's the technology that is the problem. The real problem is the power that oil has that is still strangling over countries and how they continuously suppress technology that will destroy their source of influence, there's a reason why it's called the black gold.

[barbara44]

Oil is not everything, you know. And moreover there are starting to be lots of alternatives that are coming out these days. We are seeing things like electric cars, stoves and others that are not depending on oil like it used to be before. We have passed where almost everything had to depend on oil to function, this time around it’s totally different.

So don’t say that having oil makes a country the world power, if oil determines the level of power , then you should know that there are lots of other countries that has oil more than the US. And if it’s all about value of currency, then you should as well know that there are other currencies that are worth more than the USD. From the way you’re saying all these things, seems to me you still have a long way to go in this.

[ziyaaa]

Oil has a really big importance of course. If we think simple, oil is a vital thing to make our cars start. But in the future, I think that oil will definitely lose its importance as electric cars etc. will take the place of gas-guzzlers.

[just_Alice]

It's all very nice, no doubt, that oil is a very important asset and gives certain privileges to the country, especially in terms of economy, export, etc. But I have one question for you, Venezuela holds up to 18% of total oil reserves on Earth, which makes it country #1 in the world in terms of oil. Where's the power then? That drives us to the conclusion, that it's not only reserves that matter but the people in power, the frame of a government, and strategic points to improve the economy.

[BuNga_cute]

Oil has a really big importance of course. If we think simple, oil is a vital thing to make our cars start. But in the future, I think that oil will definitely lose its importance as electric cars etc. will take the place of gas-guzzlers.

For now, it must be admitted that oil is very important for human life, no wonder many oil-producing countries have become very rich. And why
has America always wanted to control the circulation of oil, because oil is very important. Because I believe in our daily life we all use oil, especially
to fuel our vehicles. But in the future the possibility of oil is no longer important, because there will be other alternatives to replace oil. One of them
electric vehicles will be in mass production, humans are intelligent creatures, there will be major changes in the future that will make oil no
longer important.

[Distinctin]

Everything around us had a special used need for us to live and survive, we can't certainly hide such a thing.
However, some innovations had come, not just for now but probably in the future that we no longer use oil or to its minimal level only. As we are aiming to help global warming, the more eager we create things like cars that will not use crude oil anymore.

Well, the process and development could take so long but this gonna be happening.