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Regions Essay Topics & Paper Examples

Oil Producing Regions

Crude oil or Petroleum is a complex mixture of hydrocarbons of various compositions along with other organic compounds found in the different rock formations in the Earth. The flammability and its natural existence are the main properties that contribute to its importance. The crude oil production, over the years has varied for different countries but in the recent past Saudi Arabia has been the leading oil producer in the world with its reserves estimated to be around 267 billion barrels. In the mid of 2008, the total production of oil from Saudi Arabia was estimated to be around 11 million barrels per day and now they have plans to increase it to around 12. 5 million barrels per day (US_Energy_Intelligence_Administration,…