Oil discovery is it a cause or a blessing?

[Justbillywitt]

Although it is not so black and white but I'd say it depends on where!

For example new oil reserves are found in a place like Iran that's a blessing since as a super power Iranians control their own resources and it is used by themselves. Although we could find some downsides as well due to mismanagement.

But at the same time when new and massive oil reserves were found in a place like Yemen it was not much of a blessing since it brought war to this poorest Arab country for more than 8 years and countless people died because of that foreign invasion with the purpose of taking over their resources.

The oil itself wasn't the caurse, it is human greed that's making it look like it was a curse. God gave the resources for the use of the people there. Why will it be a blessing in a particular country and a curse to others? When few individuals want to take all the proceeds there is definitely going to be an oposition. But the oil on its own is not a curse. If the elite class of Yemen never allowed greed to come upon themselves, there wouldn't have been any senseless war in Yemen.

[wiss19]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

There is no doubt about that, anything that is mismanaged can cause problems and be worthless or will be used for evil means. Natural resources, be it oil, gold, or anything else, are a blessing for any country where they are discovered as this can change the faith of the country and their people, but this is only possible if the leaders aren't greedy, corrupt, and unethical, because if that is the case, they are not going to use the resources for the betterment of the country and its people but they will use it only for personal benefits.

There are a lot of examples in the world regarding these things, a lot of countries that are rich in minerals and natural resources are developing at a great pace, whereas some countries where there are also a lot of natural resources found are still third-world countries because of their corrupt leaders.

[uswa56]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

There is no doubt about that, anything that is mismanaged can cause problems and be worthless or will be used for evil means. Natural resources, be it oil, gold, or anything else, are a blessing for any country where they are discovered as this can change the faith of the country and their people, but this is only possible if the leaders aren't greedy, corrupt, and unethical, because if that is the case, they are not going to use the resources for the betterment of the country and its people but they will use it only for personal benefits.

There are a lot of examples in the world regarding these things, a lot of countries that are rich in minerals and natural resources are developing at a great pace, whereas some countries where there are also a lot of natural resources found are still third-world countries because of their corrupt leaders.

The government's mistakes in managing the natural resources owned by a country are of course very bad because they only think about their own interests and don't think about the fate of their people who also have the right to get the results of their natural wealth, so it is very important for the government to be able to manage it well. of its natural wealth so that it can be enjoyed by everyone and allows the economy to continue to progress if it can be managed well.

It is true that of the many countries that have natural resources and do not manage them well, of course these countries will find it very difficult to develop and they are even like countries that do not have natural wealth because the government only thinks about part of themselves and does not think about their people.

[Ozero]

Although it is not so black and white but I'd say it depends on where!

For example new oil reserves are found in a place like Iran that's a blessing since as a super power Iranians control their own resources and it is used by themselves. Although we could find some downsides as well due to mismanagement.

But at the same time when new and massive oil reserves were found in a place like Yemen it was not much of a blessing since it brought war to this poorest Arab country for more than 8 years and countless people died because of that foreign invasion with the purpose of taking over their resources.

The oil itself wasn't the caurse, it is human greed that's making it look like it was a curse. God gave the resources for the use of the people there. Why will it be a blessing in a particular country and a curse to others? When few individuals want to take all the proceeds there is definitely going to be an oposition. But the oil on its own is not a curse. If the elite class of Yemen never allowed greed to come upon themselves, there wouldn't have been any senseless war in Yemen.

This summer's high temperatures are breaking records again. People suffer a lot because of this abnormal heat, but every year it only gets worse. Global warming is associated with emissions that appear due to the massive use of petroleum products. Therefore, I do not consider the discovery of new oil deposits to be a good thing if it is again used in the traditional way. By using oil in this way, we ourselves are taking rapid steps towards making our planet uninhabitable. Oil should no longer be used as a fuel; it can be used in other industries, then it will become a blessing.

[redsun114]

The oil itself wasn't the caurse, it is human greed that's making it look like it was a curse. God gave the resources for the use of the people there. Why will it be a blessing in a particular country and a curse to others? When few individuals want to take all the proceeds there is definitely going to be an oposition. But the oil on its own is not a curse. If the elite class of Yemen never allowed greed to come upon themselves, there wouldn't have been any senseless war in Yemen.

This summer's high temperatures are breaking records again. People suffer a lot because of this abnormal heat, but every year it only gets worse. Global warming is associated with emissions that appear due to the massive use of petroleum products. Therefore, I do not consider the discovery of new oil deposits to be a good thing if it is again used in the traditional way. By using oil in this way, we ourselves are taking rapid steps towards making our planet uninhabitable. Oil should no longer be used as a fuel; it can be used in other industries, then it will become a blessing.

In recent time we are having good development regarding this with now we are heading for the electric cars which are good for us and future generation, and now we are having few more things which were not working without oil use having changes even speed is slow and adoption is also having problems, but things are going good for the future and having some relief in this Global warming which is going worst every year.

As we are having development we are also having changes which can bring things on balance, but this all is looking not easy even many organizations and other relative authorities are working on this for years with in coming years we will be able to cut our use of oil as fuel rapidly because without this living here on this planet is looking more difficult as things are going heated even few countries are already having conditions like hell.

[ChiBitCTy]

It’s a good question but I’m not sure there’s really a great way to answer it. I guess it’s been both a blessing and a curse. On one hand it’s been something that’s helped mankind advance in ways that we would have never got to without it. On the other hand it has been the cause or pollution, war, and all sorts of negative things in that aspect.

Definitely a good idea to try and move away from it.

[erep]

The government's mistakes in managing the natural resources owned by a country are of course very bad because they only think about their own interests and don't think about the fate of their people who also have the right to get the results of their natural wealth, so it is very important for the government to be able to manage it well. of its natural wealth so that it can be enjoyed by everyone and allows the economy to continue to progress if it can be managed well.

It is true that of the many countries that have natural resources and do not manage them well, of course these countries will find it very difficult to develop and they are even like countries that do not have natural wealth because the government only thinks about part of themselves and does not think about their people.

Some countries that have natural resources cannot manage their own results for the welfare of their country and must collaborate with foreign countries to process the results of these resources by sharing them with other countries, managers, foreign countries, but unfortunately local workers are not involved in state companies and have foreign work to manage state assets.
The government must have a commitment to end contracts with foreign countries when the revenue target has been achieved so that it can continue other projects for the welfare of the country without having to share the proceeds of natural resources with foreign countries.

However, it seems that there are some government officials who deliberately involve foreign countries to process natural resources because they get a percentage of the promised income, but the people living around the project site don't get anything and they just breathe the dust of the project.

[Baki202]

It’s a good question but I’m not sure there’s really a great way to answer it. I guess it’s been both a blessing and a curse. On one hand it’s been something that’s helped mankind advance in ways that we would have never got to without it. On the other hand it has been the cause or pollution, war, and all sorts of negative things in that aspect.

Definitely a good idea to try and move away from it.

Oil have actually been one of the most relevant resources that have help majority of countries in their economy and they have used the money they have gotten from oil to develop their countries. And fossil fuel has been marked as a significant resource that every vehicle uses except for cars that uses battery but how many people can afford cars that uses battery so this shows that fuel is still in business and since it can not be found everywhere some countries have to buy from other countries so in some cases it’s a big blessing but the fact that people are greedy especially the government officials they are always stealing and even money kept for people that are affected by spillages are not given the money that is allocated to them because when you see areas that are affected by oil spillage they can not even fish or even farm, oil comes with a lot of disadvantages, so a lot needs to be addressed, because even with all this we can still not do without oil. It is already part of us, the government just need to help affected areas.

[GeorgeJohn]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

Discovering oil is a huge natural resources to a particular geographical area, oil can yield enough money to the owners and it can help to increase  the capital of a state or country. When oil is being discovered and it is not properly managed it can causes oil spillage  which can be harmful to humans . Oil can also cause pollution to an entity, a local refinery where oil is being refined can cause suit which is very harmful to the body, with this kind of problem I think the government needs to involve there by making the environment clean and healthy for it citizens to be healthy.

[OrangeII]

The discovery of oil is a blessing for a country that has abundant oil resources. However, with good management, this can change their country into a better country than before. However, if we talk about bad management, then this can have a big impact on anyone involved in it. This doesn't even happen only in oil management, but in all industries. However, with good management, all the qualities of the country can be improved.

[South Park]

The discovery of oil is a blessing for a country that has abundant oil resources. However, with good management, this can change their country into a better country than before. However, if we talk about bad management, then this can have a big impact on anyone involved in it. This doesn't even happen only in oil management, but in all industries. However, with good management, all the qualities of the country can be improved.

Discovering oil on your soil is the equivalent to find a fortune out of nowhere you can keep, but just as there are lottery winners that are unable to manage their finances and bankrupt themselves in a few years, the same could happen with a government that suddenly finds itself with a lot of money coming from their oil deposits, after all as lucrative as oil can be, it is a finite resource that at some point will run out, and the government needs to finds ways to replace that income once that happens or this could leave a huge hole on its finances.

[CageMabok]

The discovery of oil is a blessing for a country that has abundant oil resources. However, with good management, this can change their country into a better country than before. However, if we talk about bad management, then this can have a big impact on anyone involved in it. This doesn't even happen only in oil management, but in all industries. However, with good management, all the qualities of the country can be improved.

There are many examples that we can find and see through our own eyes in countries that have abundant oil resources, where in general these countries are always more advanced due to fairly good governance. Because any resource that is not managed so well can also trigger the destruction of a country so that what is hoped for by the government and society may not actually work because of wrong management. However, from the examples that we have seen for ourselves at this time, of course countries that have oil resources can be better before they start collaborating with other parties because this is because the parties who manage them are very intelligent.

[avikz]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

Violence is a bi-product of greed and corruption! You can take an example of African continent. Despite holding the highest amount of natural resources, they are the poorest! yes, Europeans are also partly responsible for this because they wanted to continue with their colonies so they had created some Frankensteins to ignite the internal wars. But if Africa can really manage their resources well, they will emerge as the richest continent on the earth.

So natural resources are always a blessing. But when such wealth falls into the hand of incapable leaders, things turn into chaos. Then the countries like US, UK, France and China comes to promise a good life by investing billions of dollars and they starts capturing the resources when those leaders fail to pay back the debt.

If you look to middle east, oil has changed the lives of the people there except a few countries. If you look to Africa, natural resources has brought in issues for the citizens. All depends on how you handle it!

[JeffBrad12]

It’s a good question but I’m not sure there’s really a great way to answer it. I guess it’s been both a blessing and a curse. On one hand it’s been something that’s helped mankind advance in ways that we would have never got to without it. On the other hand it has been the cause or pollution, war, and all sorts of negative things in that aspect.

Definitely a good idea to try and move away from it.

It comes down to how capable the entity that manages the reserve, carbon footprint can be reduced in many ways, the war itself is because greed.

so far oil and any fossil fuel is still the most affordable, widely used energy that become the thing that moves global industry, there are electric energy indeed but the development of it isn't good enough for it to be utilized in the global scale industry.
it's more of a blessing in my opinion and not a curse, after all its just oil, just like how your country might be blessed with rare mineral, it all comes down to the government itself on how to manage it for the prosperity of its citizens.

[EarnOnVictor]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

The answer is in both ways, it could be a blessing and it could be a curse, it depends on the leadership of the country. You can imagine Nigeria blessed with crude oil and other mineral resources that can't be finished still retarding in progress. But there are many countries without crude oil and hardly have mineral resources to sell but still found their ways around it and are doing better than Nigeria. This is where creativity and leadership come in. Good things in the hands of bad people will never be allowed to show their goodness.

Practically, if a good country is blessed with crude oil, it should use the proceeds to harness the potential of other aspects of the economy and invest also in the people. But the reverse is the case in African countries, for example, they just relax and become reliant almost solely on crude oil since it is free money for them. Imagine countries having an income source of over 85% crude oil, some are even worse than that. What will they do when the crude oil is finished or the fight against carbon emission is finally won and petroleum fades off? These are countries blessed with good lands for agriculture, but laziness, corruption and lack of vision for the future have entrapped them.

[coin-investor]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

It's better to be in a land where oil is abundant and where its people are living in abundance than in a third-world country where there's a struggle for the rise of the prices inflation due to the rise of oil, which is a big necessity to run an electricity and power the transportation industry.

Our country is being controlled by oil because it lacks it. We are held hostage by countries abundant in oil, so we'd consider it a big blessing if our country had a reservoir of oil.
An abundance of oil defines a country's status in the world economy.

[bestcoins1]

Some countries that have natural resources cannot manage their own results for the welfare of their country and must collaborate with foreign countries to process the results of these resources by sharing them with other countries, managers, foreign countries, but unfortunately local workers are not involved in state companies and have foreign work to manage state assets.
The government must have a commitment to end contracts with foreign countries when the revenue target has been achieved so that it can continue other projects for the welfare of the country without having to share the proceeds of natural resources with foreign countries.

It seems like you are telling about the condition of a country that is not advanced in terms of managing natural resources so that the government still needs help from other parties in order to be able to manage the resources that exist within its own country. It sounds a little sad, but this is also based on the government's ability and also the human resources within the country itself in terms of managing it. Because if the government itself is able to handle it very well, of course there is no need for other people's interference in this matter so that the government can directly use energy from within without having to contact outside parties regarding such matters.

[fuguebtc]

The discovery of oil comes with a huge blessings capable of transforming individual lives communities, states and even countries if well managed. But a situation where the proceeds are miss managed it will turn to be a cause as individual will rise against individual, states Wil rise against starts, countries will rise against countries.

It's better to be in a land where oil is abundant and where its people are living in abundance than in a third-world country where there's a struggle for the rise of the prices inflation due to the rise of oil, which is a big necessity to run an electricity and power the transportation industry.

Our country is being controlled by oil because it lacks it. We are held hostage by countries abundant in oil, so we'd consider it a big blessing if our country had a reservoir of oil.
An abundance of oil defines a country's status in the world economy.

That's not necessarily true. If I'm not mistaken, Venezuela is one of the countries with the largest oil reserves in the world. But let's see, their country is as rich and life is as happy as you think?

In addition, oil exploitation is not easy and not every country has enough technology to exploit it themselves and that is why many wars and invasions break out to compete for resources in the world. I think if your country has oil or resources, that will be an advantage, but whether your country is rich or not depends on politics. An oil-rich country can become rich or it can sink into war, that will depend on that country's foreign policy.

[beerlover]

The answer is in both ways, it could be a blessing and it could be a curse, it depends on the leadership of the country. You can imagine Nigeria blessed with crude oil and other mineral resources that can't be finished still retarding in progress. But there are many countries without crude oil and hardly have mineral resources to sell but still found their ways around it and are doing better than Nigeria. This is where creativity and leadership come in. Good things in the hands of bad people will never be allowed to show their goodness.

Practically, if a good country is blessed with crude oil, it should use the proceeds to harness the potential of other aspects of the economy and invest also in the people. But the reverse is the case in African countries, for example, they just relax and become reliant almost solely on crude oil since it is free money for them. Imagine countries having an income source of over 85% crude oil, some are even worse than that. What will they do when the crude oil is finished or the fight against carbon emission is finally won and petroleum fades off? These are countries blessed with good lands for agriculture, but laziness, corruption and lack of vision for the future have entrapped them.

That is true, it all depends on what you do with it, and there are a lot of places that will not do well due to corruption. This isn't just about X nation or Y nation, there are dozens of nations with corruption, and that means it may not end very well at all, we need to just consider how things could change over course of long time. We need to realize that we can't make it work, and this is why I believe that we need to keep on working to make it as best as we could, which would be a lot more beneficial to everyone.

This is why I think if we could have no corruption in politics, that would be a lot better and crypto could be used for all of it. We could just use blockchain to keep track of financial statements of everyone in the politics, and we could use stuff like warren buffet says, like if debt goes over certain gdp, nobody gets reelected.

These type of things could help everyone, and eventually people who will be good could end up with the position instead and properly run the country. Most people do not realize that they are being fooled, they are just told to hate the other side, and because of this we are ending up with a situation that is going to end up with a result with us not looking at our side being bad.

[YOSHIE]

discovery is it a cause or a blessing?

It's not only the state that is fighting back, if the produce of the land is managed poorly, it means that it is unfair in its distribution, even at home if the father is unfair to the children, of course in that house a rebel will be born because of the unfairness of parents, that is a natural law that often happens, that is why greed, a poorly managed economy will produce bad results, on the contrary.

Talking about petroleum, it is indeed a blessing for humans, because it has good economic value, so we often see countries going to war because of oil, However, there are also many countries that are peaceful and peaceful by implementing good, fair and prosperous oil management.