Everything that needs electricity is made with the oil derivatives manufactured from crude oil. In an all-electric world, there will be nothing to power without oil.
Energy growth, electricity AND the products made from oil derivatives manufactured from crude oil and the fuels to power ships, planes, militaries, and space programs, are directly linked to prosperity and well-being across the globe.
Today, most of the energy the world consumes is from hydrocarbons, with crude oil being the dominant source of transportation fuels. Today, crude oil is the ONLY source for the oil derivatives manufactured from crude oil that makes more than 6,000 products for society.
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