What is the Oil and Natural Gas Industry?

Yes, I know that they provide important economic contributions to the United States, but what is it? I already know why it's important but I want to know what the industry is? Sorry, if it's confusing. Thanks.

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  • 8 years ago
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    The Oil and Gas Industry is the sector of the economy which deals with mining, refining, processing and marketing Oil and Natural Gas and its many fractions (petrol, kerosene, and a whole lot of organic compounds etc). This is a major contribution to the Total Revenue of some countries like the United States and Arab.

    The 'Oil and Natural Gas Industry' is just a collective name used to classify governmental sectors concerned with production and marketing of Oil and Gas.

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