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Monday, May 20, 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

  • Nigerian farmers sue Shell over oil leaks

    Thu, Oct 11 2012 at 6:21 AM

    Farmers say Shell broke the law by not repairing leaks that destroyed their lands. The case could set a precedent for global environmental responsibility.

  • Holy cow: All-time record $4.66 gas prices in California

    Tue, Oct 09 2012 at 7:30 PM

    For residents of the Golden State, it's 2008 all over again, only worse. Some people have paid $5.79 a gallon. This 'perfect storm spike' is expected to be short, but it's painful.

  • Colorado's controversial Koch land exchange

    Mon, Oct 08 2012 at 12:07 PM

    An oil tycoon with a famous family name wants to swap private land for a large swath of public land in the Colorado Rockies to insulate his replica frontier town.

  • India denies bid to acquire Canadian oil assets

    Tue, Sep 25 2012 at 10:51 AM

    ConocoPhillips announced early in 2012 that it was selling various assets as part of a restructuring drive.

  • Shell wants Greenpeace protest ban

    Fri, Sep 21 2012 at 7:06 AM

    Greenpeace told an Amsterdam court it is targeting its campaign 'to stop risky oil drilling in the fragile Arctic environment.'

  • Shell puts Arctic ambitions on ice

    Mon, Sep 17 2012 at 2:15 PM

    The company has decided not to drill for Alaska's offshore oil and gas deposits this year, but it still plans to relaunch the controversial effort next summer.

  • In wake of Gulf oil spill, bacteria sucked up 200,000 tons of oil

    Thu, Sep 13 2012 at 9:55 AM

    The microbes feasted from April 2010 to September 2010, though scientists aren't sure why they stopped devouring oil.

  • Sticker shock: $9 a gallon for gas

    Thu, Sep 13 2012 at 9:46 AM

    Video: Nearly 50 stations associated with LUKOIL are protesting zone pricing for gasoline by raising prices to $9 a gallon.

  • Shell begins offshore drilling in Alaska

    Mon, Sep 10 2012 at 3:45 PM

    The Dutch oil giant is drilling 'pilot holes' off Alaska's northwest coast, an early step in its quest for petroleum deposits hidden deep below the seabed.

  • BP accused of gross negligence in oil spill

    Wed, Sep 05 2012 at 3:22 PM

    The Justice Department said BP promoted a 'culture of corporate recklessness' and gave a 'misleading presentation' of the Deepwater Horizon explosion.

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