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crude oil

petroleum as it comes out from the ground and before it has been refined or processed into useful products

nonrenewable resource

a resource that takes place so long to form that it can't be replaced. Oil which takes millions of years to form, is such a resource

oil reserves

oil that has been discovered but remains unused in the ground

renewable resource

a resource that can't be used up or that can't be used up. Sunlight is a renewable resource that cannot be used up as well as wood.


gross domestic product; the value of all goods and services produced in a country

GDP per capita

GDP divided by population; average income


human development index; per capita GDP, life expectancy, literacy rate, level of education

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