Imagine no Jets, Ships, Defense, or Space Program
Over the last 200 years, when the world populated from 1 to 8 billion, we learned that crude oil is virtually useless unless it’s manufactured (refineries) into oil derivatives that are the basis of the fuels to move the heavy-weight and long-range needs of more than 50,000 jets moving people and products, and more than 50,000 merchant ships for global trade flows, and the military and space programs.