Due to the fact that world oil reserves do not belong to those natural resources that are inexhaustible, prices for this product are regularly rising. Based on this, it can be easily assumed that the oil producing countries of the world have their main income precisely because of these sales.
In those countries where oil is produced in large quantities, according to statistics, there are a huge number of oligarchs, most of whom are engaged in this industry. If you look at the Russian Federation, which is the champion in the number of people who are among the ten richest representatives of the planet, everything falls into place.
Only in the territory of the Russian Federation there are thirty-two plants that are engaged in oil production. The owners of these enterprises are people who at one time acquired land in the territory that turned into a real gold mine for them.
Oil producing countries all over the world establish proven channels for oil distillation every day. They are also involved in signing new agreements with other states whose territories are not too rich in this product. The price of such transactions is very high, because the world's natural resources are not eternal. This is especially true for oil and gas. At the moment, those places have not yet been found that will be able to provide the entire planet with such raw materials in the future. But without oil, all areas of our world’s activities will stop. What can we say about the industry, even if the cars stop moving without fuel. Yes, scientific and technological progress continues to open up alternative methods of refueling vehicles. One of the latest innovations has become cars that are charged from sunlight. Few people believe that this method is ideal for humanity, however, we will live and see.
Surprisingly, if it were not for oil production, then some of the states of the planet in our time would be far from the most developed. For example, according to today, the largest reserves of petroleum products are in Saudi Arabia. Absolutely all oil-producing countries of the planet would like to have similar resources. Indeed, today in these territories is almost twenty percent of the world's oil reserves. You can imagine what kind of money it is.
In second place for this indicator is Venezuela, it has fifteen percent. Further there are such oil producing countries as Iran, Iraq, Kuwait, the United Arab Emirates and others. Everyone probably noticed that this list does not include either the United States of America or Great Britain with Germany. Not even China is on this list. But all these states are considered the most developed countries in the world. Unfortunately for them, oil reserves in their territories are enough only to provide for themselves and send a little for export. For example, in the United States, only two percent of the world's oil reserves are located.
There are also those countries that, because of their incorrect policies, drive themselves into economic debts. Take, for example, Ukraine. On the territory of this state there is such an amount of oil and gas that is able to satisfy the needs of the entire population. But Ukrainian politicians sell their stocks abroad, and the local population buys these natural resources from other states at a higher cost. Indeed, sales make good money. But they don’t even think that their people simply overpay. The budget seems to be replenished, and the population is getting poorer. Here is a paradox that the whole world notices, but not the politicians of Ukraine themselves.