What influence does petroleum have on economic development?

What influence does petroleum have on economic development? This is a question in my homework, I’m supposed to read the relating articles and form my own answer but I can’t find the relating articles, can anybody help me?

One Response to “What influence does petroleum have on economic development?”

  1. Books Says:

    Petroleum has been the source of cheap energy. Cheap energy has fueled our economy throughout history. When cheap energy goes away the economy will have some serious readjusting to do.