The United States and the rest of the world need oil. Without oil, humans wouldn't have the use of many things. For example cars, or power plants. Oil is basically a fossil fuel which comes from the dead or decomposed organisms that existed millions of years ago. Fossil fuels take billions of years to dorm. That is why the world is having wars so their countries can get that oil.
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The oil industry is one of the important industries in the community. Without this industry, the industrial civilization will stop or will have very slow improvement and the transportation will consume a large amount of time.
Oil is important to Nigeria's economy because it is 90% of Nigeria's income. The money made from selling oil to other countries helps to build highways, schools and factories. Falling oil prices around the world caused Nigeria's income to drop. Also, years of low rainfall caused food production rate to drop.
oil is so important to the us because without it we wouldn't be able 2 fuel cars.
It is the foundation of the economy not noly are all goods shipped using fossil fuels and people use it for transportation but it is used in making many products that Americans use.
Colonies were important in the mercantile economic systems because they were markets in which to buy products from the home country.
Yes it says so in my social studies book
it was so important so you can get new things and not stick with old things
Oil was first discovered in Southwest Asia in 1908. Since then, oil fields in many regions of Southwest Asia have been found, and other countries rely heavily on Southwest Asia for oil to meet the demands of their economies: transportation requires gasoline (which is oil in a refined form) and power plants burn oil to produce electricity. Specifically, the United States, Japan, and many European countries heavily depend on Southwest Asia for oil because it is home to such vast amounts of petroleum. So, Southwest Asia's oil fields are important to many countries' economies, and thus the world economy, making Southwest Asia very important in terms of world position. For more information on oil in Southwest Asia see the Related Link below.
wrote by a really ugly virgin no: they basically cause feudalism to start! they were VERY important