Latest Articles

Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeOilWhat would happen to the world without oil

What would happen to the world without oil

The cost of living in a world without oil would skyrocket. First, without oil, traffic will be affected, and cars, motorcycles, trucks, trains and planes cannot be used; second, lighting problems, blackouts and blackouts occur from time to time; third, oil-related products, plastics, coatings, pharmaceuticals, medical equipment, The disappearance of ballpoint pens, golf balls, etc.; and fourth, the difficulty of food supply and the inability to transport fresh vegetables from all over the country.


The onset of the oil crisis was not just the complete depletion of oil. The oil crisis started when production stagnated and output fell irresistibly. This is such a dangerous time. Oil supplies will begin to fall short of our needs. As oil becomes increasingly scarce, we must find new solutions.

A world suddenly devoid of oil could become dire, or would lead to the rapid disintegration of entire societies, people into despair, violation of laws and disciplines, and countless other disasters.