Oil Era Application Software Download Free Android

Application Software Download Free Android

Build your oil empire in Oil Era, a fun business game where you bid for oil locations and become a world-renowned petroleum tycoon. This business simulation game will put your knowledge of supply and demand to the test as you mine oil, process it, and transport it all over the globe.

In the late 18th century, a professor named George Bissel noticed that locals in rural northwestern Pennsylvania were skimming a dark liquid off the top of their creeks. He took a sample back to Dartmouth and ran tests that showed the liquid was petroleum. The discovery of this new source of fuel marked the start of the oil era. By the turn of the 20th century, petroleum was replacing coal and kerosene as the primary source of energy in most countries. The rise of automobiles and the advent of refining techniques accelerated oil’s use even further.

The production of petroleum reached a peak in the 1970s. Since then, global consumption has been increasing faster than production. This imbalance is the reason some experts predict that we will soon reach “peak oil.” When the peak occurs, petroleum production will begin to decline rapidly.

The impact of peak oil will be felt most strongly in oil-producing countries, because it will reduce their revenues and profits. However, it will also affect the global economy because most goods and services rely on petroleum as an input. This means that consumers will have to pay more for their products, and businesses will be less profitable.