Petroleum

Petroleum or otherwise known as "crude oil" has become the resource most used by countries all around the world including Russia, China and the United States of America. With all the oil wells located around the world energy security has become a main issue to ensure the safety of the petroleum that is being harvested. In the middle east oil fields become main targets for sabotage because of how heavily countries rely on oil. Many countries hold strategic petroleum reserves as a buffer against the economic and political impacts of an energy crisis. All 28 members of the International Energy Agency hold a minimum of 90 days of their oil imports, for example.

The value of such reserves was demonstrated by the relative lack of disruption caused by the 2007 Russia-Belarus energy dispute, when Russia indirectly cut exports to several countries in the European Union.

Due to the theories in peak oil and need to curb demand, the United States military and Department of Defense had made significant cuts, and have been making a number of attempts to come up with more efficient ways to use oil.

Natural gas

Compared to petroleum, reliance on imported natural gas creates significant short term vulnerabilities. Many European countries saw an immediate drop in supply when Russian gas supplies were halted during the Russia-Ukraine gas dispute in 2006.[ citation ]

Natural gas has been a viable source of energy in the world. Consisting of mostly methane, natural gas is produced using two methods: biogenic and thermogenic. Biogenic gas comes from methanogenic organisms located in marshes and landfills, whereas thermogenic gas comes from the anaerobic decay of organic matter deep under the Earth's surface. Russia is the current leading country in production of natural gas.]

One of the biggest problems currently facing natural gas providers is the ability to store and transport it. With its low density, it is difficult to build enough pipelines in North America to transport sufficient natural gas to match demand. These pipelines are reaching near capacity and even at full capacity do not produce the amount of gas needed.


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