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Heavy Oil as an Important Resource for the Future

With more than 87 million barrels of oil being consumed worldwide every day, oil has come to be the life-blood of modern civilization. It is cheap, relatively easy to procure and use, and has become addictive in terms of its flexibility in enhancing our lives in multiple applications. First and foremost, we are dependent on oil for transportation because more than 90% of transportation energy comes from oil. In addition, oil provides a feedstock for pharmaceuticals, agriculture, plastics, clothing, mining, electricity, and several other products that we use in our everyday...

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