Climate Change in the Oil Industry

  Emily Levesque Climate Change In the Oil Industry ExxonMobil    Oil is one of the United States’ largest energy sources. It’s used for many things in our day to day life, such as to run cars, generators, airplanes, and even our homes. By the end of 2019, the United States had used roughly 68% of petroleum oil on transportation, as gasoline is the most consumed oil product. Distillate fuel, also known as diesel, is the second most used petroleum product, as this is used in many pieces of equipment, heating, and electricity. Gasoline averaged around 391 million gallons per day, whereas distillate fuel averaged around 172 million gallons per day. Compared to the rest of the world, the United States is the biggest consumer, consuming 20.2% of the world’s petroleum. In comparison, the second largest consumer is China, with a much smaller 13.7%. The U.S. Energy Information Administration predicts that liquid oil, such as gasoline or petroleum, will account for about 35% of to...