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PETROLEUM
Lesson 5 - Page 1

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FINDING BLACK GOLD

The importance of oil in the world economy has given oil the status of "black gold." The oil and gas industries produce 60 percent of the world's energy sources. So it follows, that finding oil is important. You just donít dig a hole and oil will flow. Understanding the geology of an area will help drill for oil more successful, but does not guarantee an oil find.


Oil and gas refinery

The steps in finding oil are similar throughout the world. We will take a look at one of the classic oil booms in the United States as a model of how many other countries find oil.

Texas, the second largest state in the United States, has long been known as the heart of the oil industry. Even today, corporate buildings in Houston are almost a shrine to the wealth and prosperity of oil in todayís society. But how did it begin?

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