Oil And Electricity - The Transition And Its Effects

in #oilandgas5 years ago (edited)

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Many countries are very dependent on oil exploration and sales.
Countries like Saudi Arabia, Venezuela and Nigeria run on a mostly oil-funded budget.

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The use of gas as a source of energy has many disadvantages. Global worming, contamination of the environment, land destruction, adverse effects on the local wildlife, fire oubreaks and the rare but devastating oil spill in major waters.

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Many efforts have been made to look for alternative source of power. The most promising are the hydro-cell and solar energy.
We have companies like Tesla working on newer battery models to retain more power and provide more efficiency with green energy. Hydro-cell technology still seems to be in its early stages.

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My major concern is how the change to green energy will affect third world countries which will inevitably become the dumping ground for oil gas-engine cars when the transition to electric cars takes place in the advanced regions.

We've seen the case of extreme smog in China with people having to buy oxygen! so I can only imagine how African countries will fare with so much particulate matter in the air.

What are your thoughts on the matter?

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Well looking into patents and documents released by the FBI we already have all the options needed available, for me the question remains why haven’t they rolled out yet?

I believe it’s all to do with gains, no body makes money from systems which are self sufficient. Thus we see the push of hybrids or cars which charge off of the power grid which profit the same hands despite being viewed as opposition.

That said if the oil industry is pushed out of the transportation industry we would likely see a collapse of the entire oil industry which doesn’t mean good new for the countries dependant on it!

I’d assume the pollution would rise drastically as any oil refining surviving would most likely need to adjust and without the need for meeting international trade standards quality of products would drop.

The move to sustainable systems is inevitable at this point but I wonder if the world will fall into chaos in the process!

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