Read the following source and answer the questions that follow: Look at the following data for cr...
Read the following source and answer the questions that follow:
Look at the following data for crude oil.
2c| CRUDE OIL RESERVES
1|c| Region/Country Reserves (2017)(Thousand Million Barrels) Number of Years Reserves will last
Middle East 808 70
United Estate of America 50 10.5
World 1697 50.2
2c| Source : BP Statistical Review of World Energy, June 2018, P.12.
The table gives an estimate of reserves of crude oil (column1). More important, it also tells us for how many years the stock of crude oil will last if people continue to extract it at the present rate. The reserves would last only 50 years more. This is for the world as a whole.
(i) How can you conclude that crude oil is a non-renewable source of energy?
(ii) How is crude oil essential for the development process in a country?
(iii) India has to import crude oil. What problems do you anticipate for the country looking at the above situation?
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