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Op-ed: If oil disappeared
tomorrow
By HE Haitham Al Ghais,
OPEC Secretary General
If oil disappeared tomorrow,
there would be no more jet
fuel, gasoline or diesel.
Internal combustion engine
automobiles, buses, trucks,
lorries and coaches would be
stranded. Airplanes powered
by jet fuel would be
grounded. Freight and
passenger rail powered by
diesel would halt. People
could not get to work;
children could not get to
school. The shipping
industry, transporting both
freight and passengers,
would be devastated.
There would be no point
calling emergency services. The majority of ambulances,
fire engines, police cars,
rescue helicopters and other
emergency vehicles would be
stationary. Most phones and
computers would also vanish
as their plastic components
derive from oil, so it would
be a struggle to find a way
of communicating with the
emergency services anyway.
The construction sector
would halt, as diesel
powered vehicles would be
stranded: excavators,
bulldozers, dump trucks,
cranes, cement mixers,
rollers and compact loaders
would remain stationary. New
homes or buildings could not
be built or receive vital
maintenance work.
If
oil disappeared tomorrow,
petroleum based-products
would vanish with it. This
would impact the production
of electric vehicles (EVs).
Aside from the supply chains
disruption, the structure of
lithium-ion batteries would
be affected. A lithium-ion
battery has four parts: an
anode, cathode, electrolyte
and a separator. Separators
are engineered microporous
membranes, typically made of
polyethylene or
polypropylene
petroleum-based products.
The petroleum-derived
synthetic rubber used on car
and bicycle tyres would
cease to exist.
If
oil disappeared tomorrow,
food production would be
devastated. Many of the
vehicles necessary in
agriculture ̶ tractors,
mowers, combine harvesters,
balers, sprayers and seeders
̶ would stop working. Food
packaging necessary for
storage and preservation
would not be available.
Petroleum coke, a by-product
in oil refining, is used as
a feedstock in manufacturing
synthetic fertilizers, which
are important in increasing
crop yields. Food shortages
and the knock on impacts
would likely ensue.
If oil disappeared tomorrow,
it would be catastrophic for
health services everywhere.
Staff would lack mobility,
and essential supplies would
be stranded. Beyond
transportation, petroleum is
an essential feedstock for
pharmaceuticals, plastics
and medical supplies.
Latex gloves, medical tubes,
medical syringes, adhesives,
some bandages,
disinfectants, hand
sanitizers, cleaning agents,
prosthetics, artificial
heart valves, resuscitation
masks, stethoscopes, MRI
scanners, insulin pens,
infusion bags, medication
packaging, face-masks, and
Personal Protection
Equipment are largely
derived from petroleum-based
materials. The equipment
used in medical research
such as microscopes, test
tubes and goggles usually
contain petroleum-derived
components.
The
chemical synthesis that
creates aspirin begins with
benzene, which is derived
from petroleum. The benzene
is converted to phenol,
which in turn is converted
to salicylic acid. This is
then transformed into
acetylsalicylic acid, which
the world knows as aspirin.
It is difficult to
conceive of a modern
hospital without this range
of essential petroleum-based
products.
If oil
disappeared tomorrow, the
renewables industry would be
impacted. The fibreglass,
resin or plastic necessary
for the construction of most
wind turbines, would
disappear. The ethylene used
in the production of solar
panels would vanish. Most of
the mining vehicles ̶ large
trucks, rotary drill rigs
and rock drills ̶ necessary
to extract the critical
minerals upon which the
production of solar
photovoltaic plants, wind
farms and EVs depend, would
become stationary.
If oil disappeared tomorrow,
homes would be transformed
beyond recognition. There is
the possibility roofs would
collapse, for example, if
bitumen was a key product.
Other materials used in
insulating homes would
disappear. If you relied on
heating oil to keep warm,
that would go. The linoleum
flooring and tiling would be
impacted. Painting the walls
would be a challenge.
Furniture, pillows, rugs,
curtains, dishes, cups and
non-stick pans all are
likely to be made from
petroleum-derived products
too.
It would be a
challenge to stay clean or
keep homes clean, if oil
disappeared tomorrow.
Laundry detergent and dish
detergents usually derive
from petroleum-based
products. Soap, toothpaste,
hand-lotion, deodorant,
shampoo, shaving cream,
eyeglasses, contact lenses,
combs, brushes; all normally
contain petroleum-derived
products.
It would be a
struggle to get anywhere, as
the asphalt that paves roads
and footpaths would vanish.
If oil disappeared
tomorrow, millions of jobs
would be lost. Tax revenues
would be depleted.
Industrial production would
crimp. Economic growth would
go into reverse. The plight
of the fuel poor would be
worsened.
This is not
even the full list of
everything that would be
impacted, in such an
unthinkable scenario.
Yet, despite these
realities, there are calls
saying ‘Just stop oil,’
‘Keep it in the ground,’ or
‘don’t invest in new oil and
gas projects.’
Of
course, everybody wants to
see greenhouse gas emissions
reduced. OPEC believes that
technological solutions and
efficiency improvements can
play a vital role. The oil
industry is already
proactive in this regard.
We need to be cautious of endangering
the present, in the name of
saving the future. It is
important we all fully
understand the immense
benefits that oil, and the
petroleum products derived
from it, continue to provide
to people and nations across
the world.
SOURCE: African Energy Chamber
The
views and opinions expressed
in this article are those of
the author and do not
necessarily reflect the
editorial policy or position
of ArabMedicare.com.
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