Case study on the oil industry in USA
As of 2019, the United States is the world's largest oil producer. The oil industry extracted a record high 4.46 billion barrels of crude oil in the United States in 2019 (around 12 million barrels per day), worth an average wellhead price of US$55 per barrel.
Children to write a timeline of Oil and how it became vital to the World economy and why. Look at the development of the car and the oil industry.
Discuss green alternatives – find examples in USA.
Challenge: Explore the reasons for why some would say we have seen a slow take up of green alternatives.
💭 Why do you think the price of oil has gone down recently?