As conflict in the Middle East intensifies, global oil prices are hovering around $100 a barrel with expert saying it could reach $200 if the Strait of Hormuz remained shut. Whether as a fuel or a feedstock, oil is a fundamental part of our lives.
Many people might think the major use of petroleum is for fuel, and it’s true, however, and petroleum and natural gas are not only used to generate electricity, there are over 6,000 everyday products and high-tech devices are made possible by oil.
Crude oil is refined into thousands of daily products including plastics, synthetic fabrics (polyester, nylon), lubricants, asphalt, fertilizers, and personal care items like shampoo and lipstick.
Here are some of the items made of oil;
Plastics
Water bottles, food containers, toys, garbage bags, and insulation.
Personal Care
Shampoo, shaving cream, toothpaste, moisturizing lotion, perfumes, and deodorant.
Cosmetics
Lipstick, mascara, nail polish, eyeliner, and hair coloring.
Cleaning
Detergents, laundry soap, and floor wax.
Synthetic Fabrics
Polyester, nylon, acrylic, spandex, and rayon used in clothes, socks, and swimwear.
Accessories
Synthetic leather goods, plastic buttons, and polyester zippers.
Fuels
Gasoline, diesel, jet fuel, and propane.
Vehicles
Tires (synthetic rubber), car parts, car bodies, dashboards, and lubricants.
Roads
Asphalt and tar used for paving roads and roofing shingles.
Medical Supplies
Pillows, tubing, prosthetic parts, contact lenses, and medical equipment.
Other
Crayons, chewing gum, candles, tennis rackets, surfboards, and guitar strings.
