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Irving Oil's new refinery in St Johns, New Brunswick is set to supply almost 4.6% of present US refine products demand when completed.

Today everyone talks about Oil, Oil Politics, Oil Policies, and the impact of Oil on the world. For some reason we just cannot escape a discussion about Oil. But what does that mean ? Is Oil really that important ? isn't it just as simple as pumping oil at the gas station and paying for it ? Why is then Oil such a big thing ? Well here are some reasons:-

Oil is the worlds most important commodity.

Almost everything today runs on Oil. Power Plants, Aeroplanes, Cars, Trains, Bikes, factories... just name it.

Consider a world without Oil. No power, No gas, No products on supermarket shelves, no supermarkets, No travelling (not by a gas powered vehicle), no baby food, no cell phones (they were made in factories powered by