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Oil and Gas

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Gamzee McGee

on 11 February 2013

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Transcript of Oil and Gas

Oil and Gas
What is the Oil and Gas industry? The oil and gas is an industry where the oil and natural gas are collected in reserves, refined and then sent through massive pipes to the US and other parts of the country.
These resources are then used for energy and fuel.
The workforce in Oil and Gas - In 2006 the producer sector (the sector that collects the oil and gas) contributed 5% of the GDP.
-The service sector (the sector that transports, manages, etc.) contributed 6.7% of the GDP. - Out of a total average of 17, 306.2 thousand workers in Canada in 2011, 149, 998 of the employees work in the oil and gas industry.
This adds up to 0.9%. Location - Alberta is the largest producer in oil and natural gas. It is also home to the famous oil sands. - Saskatchewan is the second largest producer of oil. - BC is the second largest producer of natural gas. The oil sands play a major role in the oil industry.
In 2011, 1.6 million barrels of crude oil were produced a day. Spinoff Sectors -In most developed countries, the oil industry is the foundation of which all economic activities are dependent on.

- This industry supplies all the energy needs for all consumerism that occurs in an economic structure.

- All other sectors in the secondary, tertiary and quaternary industries are dependent on oil and gas for the energy for them to operate. Changes to the industry - Ever since Ford introduced inexpensive cars, the demand for petroleum has increased, and is still increasing today as billions of people use vehicles to move around. - Natural gas has also increased in demand over the years and is now the leading source of energy for heating systems, electricity and vehicles. - This industry grows a small portion every year. (this is proven by the world demand for the product of energy)
- But this industry will reach a climax in its growth, and will then steadily decrease when the sources of consumption are depleted. The sources are non-renewable and are consumed unsustainably.
(This is proven by the environmental impacts that the industry has). Oil and Gas industries do not have a future as they are activities that unsustainably exploit resources of the Earth that are non-renewable and at an extremely demanding pace with which the environment/nature cannot keep up with.

Therefore this activity should not be relied upon as an industry with a future as the minerals it relies on is going to become non-existent in the near future at the rate at which they are being consumed. We are researching the sector of Oil and Gas. It is classified under Primary Industries. This is a category containing activities that obtain natural materials such as agriculture, forestry, and fishing. THANK YOU FOR
PRESENTATION! Why this sector does not have a future... Some potential alternatives for
the future! Whats in it for us? D: >:| "Lets be responsible consumers.
Think about what we buy." "In 1 HOUR, the Sun gives the Earth the same amount of

energy as that consumed by ALL HUMANITY in 1 YEAR." We all have the power to change.

So what are we waiting for? Costs outweigh Benefits -Oil and Gas allowed humans to stop relying on muscle power and push the limits human energy to achieve unprecedented comforts. 80% of the Earth's mineral resources
such as Oil and Gas are consumed by only 20% of the world's population. -Minerals (Oil and Gas) feed the economic activity and the consumerist demands of the developed countries in the world. "Black Gold"
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