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Oil is a leading export worldwide By   ALEXANDRA TWIN Updated April 15, 2022 Fact checked by   TIMOTHY LI Oil is the third largest  exported  product in the world, by revenue. In 2020, crude petroleum accounted for 3.82% of global trade. 1 Crude oil is unrefined petroleum that's used to manufacture many products, including gasoline, heating fuel, and plastics. As of 2020, global oil production reached 4.2 billion metric tons. 2 Historically, Saudi Arabia has led the world in annual oil exports, but that changed in 2019 when the United Arab Emirates overtook it as the world's biggest oil exporter. In 2020, Saudi Arabia recaptured the top spot. 3  The United States has also increased its share of global oil exports, accounting for 8.17% of exports in 2020, up from 5.71% in 2019. 3 This article looks at the top 10 oil-exporting countries in the world. Together, these 10 countries accounted for nearly three-quarters of global oil exports in 2019. 4...

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  An interesting take on Electric Cars from a conversation:   “As an engineer I love electric vehicle technology However, I have been troubled by the fact that the electrical  energy to keep the batteries charged has to come from the grid, and that means more power generation and a huge increase in the distribution infrastructure. Whether generated from coal, gas, oil, wind or sun, installed generation capacity is limited. IF ELECTRIC CARS DO NOT USE GASOLINE, THEY WILL NOT BE  PAYING A   GASOLINE TAX ON EVERY GALLON SOLD FOR AUTOMOBILES, WHICH WAS ENACTED TO MAINTAIN OUR ROADS AND BRIDGES. THEY WILL USE THE ROADS, BUT WILL NOT PAY FOR THEIR MAINTENANCE. In case you were thinking of buying hybrid or an electric car... Ever since the advent of electric cars, the REAL cost per mile of those things has never been discussed. All you ever heard was the mpg in terms of gasoline, with nary a mention of the cost of electricity to run it. Electricity h...