Science, Maths & Technology
Living without oil
...economic importance of petrochemicals can be seen from the fact that recently the world production of transport fuels from crude oil was estimated to have a value of US $385 billion, whilst world production of petrochemicals was estimated to have a value of US $375 billion. Over 80% of crude oil is used to make transport fuel, while 3-5% is used for petrochemicals, yet...