The Oil Factor - Introductory Presupposition

Introductory Presupposition

During the film, spectator is given some prepositions and axioms that become a basis for film authors' argumentation, such as:

  • Oil is indispensable in every aspect of our modern-way lives.
  • World food production is 95% dependent on hydro-carbon energy.
  • Demand for oil is and will be growing as new markets (e.g. India and China) gains in strength and local consumers start to demand higher life standard.
  • 3/4 are the world's oil discoveries located in Middle East, as well as the ratio of the volume of oil needed to be imported to the United States.
  • From 2010 on, economies of some continents or world regions will run out of oil and that will make them utterly dependent on foreign oil supply. The film says: "The reality is, however, that major conflicts are likely to erupt before any of these players actually runs out of oil."

Read more about this topic:  The Oil Factor