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Wednesday, May 22, 2013
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MNN.COM › ECO-GLOSSARY

Oil & Gas News

Gasoline

Oil & Gas

Crude oil is a natural, viscous liquid often found in underground reservoirs. It is made up of a mixture of hydrocarbons — compounds that impart the liquid's extreme volatility and flammability. Crude oil is formed by the remains of animals and plants that died millions of years ago combined with layers of sediment. High pressure and heat across millennia have converted those materials into the liquid form of oil found in the ground.
 
Crude oil is typically extracted from the ground by drilling and then sent to refineries. There, it is separated and refined into a wide variety of nonrenewable fuels and other petroleum products. One such fuel is liquid gasoline, or "gas," which often contains other additives, such as corrosion and preignition inhibitors. Like oil, gasoline retains its hydrocarbons and is extremely flammable and volatile. It is used as fuel in internal combustion engines and as a solvent.
 
Since the advent of the automobile, oil products have become the gold standard for engine fuel and are highly coveted commodities as a result. Oil and gasoline also cause a slew of problems for the environment, such as oil spills, air pollution and climate change. (Photo: Shutterstock)
 

Articles about Oil & Gas

  • Keystone may be revived after U.S. election, Canada official says

    Mon, Feb 13 2012 at 3:40 PM

    The finance minister of Alberta said he expects the pipeline project to be 'revived' following presidential elections this year.

  • Obama seeks clean energy, pipeline funds in budget

    Mon, Feb 13 2012 at 11:21 AM

    The president proposed more funds for renewable energy while renewing the call to end subsidies for the oil and gas sector.

  • Gas prices soaring

    Mon, Feb 13 2012 at 8:54 AM

    Video: Americans are cringing every time they fill up.

  • Fuel pumping starts from capsized cruise liner

    Sun, Feb 12 2012 at 2:24 PM

    Salvagers started to pump fuel away from the wrecked ship, a month after it capsized and foundered off the Italian coast.

  • Fox News: Keystone XL will create 2,000, 85,000, one million jobs

    Mon, Feb 06 2012 at 11:06 PM

    According to the GOP's favorite media mouthpiece, the Keystone XL pipeline would have created thousands, no- tens of thousands, no- hundreds of thousands, wait- I mean to say millions of jobs!

  • Oil may hit $160 amid tension, Kuwait says

    Mon, Feb 06 2012 at 3:18 AM

    Oil prices could soar to as high as $160 a barrel if tension over an Iranian oil embargo persists or in the event of conflict.

  • Brazil's Petrobras reports another oil spill

    Tue, Jan 31 2012 at 4:03 PM

    The state-run energy giant reported that 160 barrels of crude oil may have spilled from a deep-water well but said the situation was under control.

  • Keystone to be linked to U.S. highway bill, says Boehner

    Sun, Jan 29 2012 at 12:42 PM

    If the highway legislation is not an option, then Republicans will attach Keystone approval to legislation aimed at extending payroll tax cuts for workers.

  • Costa Concordia dilemma: Salvage, cut or sink?

    Fri, Jan 27 2012 at 6:54 AM

    The ship's owners have to decide whether to refloat it, chop it into pieces and sell it for scrap, or simply sink it off the coast of Tuscany.

  • U.S. unveils offshore oil, gas plan

    Thu, Jan 26 2012 at 10:35 AM

    The government will auction off a giant part of the central Gulf of Mexico for oil and gas exploration, in a move to reinvigorate the energy policy.

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