For the average person, a trillion is a number so large that is difficult to put into perspective.  But for Triple Diamond Energy Corp., that trillion is a number that is very familiar.  It represents a rough estimate of the total number of barrels of oil produced in the history of mankind.   If that number seems staggering to you, consider that over the next century alone the total additional output expected is well over two million barrels of oil!

Sharp rises in the demand for oil worldwide have raised the stakes in oil production, and to meet the growing need oil will have to be drawn from more than our existing, proven reserves.  All around the world, companies such as Triple Diamond Energy Corp. are hard at work researching how to tap into some of the more unconventional oil reserves that circle the globe.

New Oil Sources Fuel Production and Demand

From the United States’ shale oil deposits to the extra-heavy oil supplies in Canada and South America, new sources of oil will continue to keep the production of in-demand petroleum based products going.  Oil’s uses have far exceeded its humble beginnings as a motor fuel over the past few decades, and you might be amazed at just how many products have their roots in oil and petroleum.

Companies such as Triple Diamond Energy Corp. provide the materials to make things that touch every corner of our lives – from the synthetic fibers that make our clothes more comfortable to powerful medicines that save lives across the world every day.  And as surprising as it sounds, crude oil can also be processed in such a way as to even create detergents!

The Many Uses of Crude Oil

But consumer products aren’t the only things that oil is transformed into.  When crude oil is refined, a liquid called naphtha is produced that can be used in feedstocks.  Because of the versatility of oil and its ability to be transformed into powerful fuels, solvents, plastics, oils and even feedstock, the demand for oil will always be increasing.  And even though the transportation sector is currently driving the largest demand for oil, new product developments only serve to increase the range of uses for this valuable natural resource.

For all these reasons, companies like Triple Diamond Energy Corp. make it a mission to continually develop new technologies and processes for discovering, extracting and refining oil from the raw elements of nature and transforming them into the products that keep the world running – one trillion barrels and counting.