What is the Petroleum Industry? - A Galco TV Tech Tip | Galco

The petroleum industry, also known as the oil industry, includes the global processes of exploration, extraction, refining, transporting, and marketing of petroleum products. Petroleum is a liquid mixture of hydrocarbons that is present in certain rock strata and can be extracted and refined to produce fuels including gasoline, kerosene, and diesel oil. The largest volumes of products of the oil and gas industry are fuel oil and gasoline. Petroleum is the primary material for a multitude of chemical products, including pharmaceuticals, fertilizers, solvents and plastics. Petroleum is therefore integral to many industries and is of critical importance to many nations as the foundation of their industries. Shop Now: Sign up for Galco’s newsletter that features our newest products, our can’t-miss deals, our best videos, and total access to Galco’s electronics expertise: Connect with us! Don’t forget to like and comment on this video, and subscribe to our channel! Galco is a Factory Authorized Stocking Distributor for Over 200 Brands of Industrial Electrical & Electronic Automation, Controls and Component Products; On-Site and Send-In Repair Services for Industrial Control & Automation Products for Over 2,000 Brands; Engineered Systems Integration, Retrofits & Upgrades for Variable Speed Drives, CNC, PLC Systems, Dynamometers & Test Stand Applications. Visit us online at http:// or call us at 800-337-1720. With respect to the usage, installation or assembly of any products described in this video, Galco Industrial Electronics, Inc., a Michigan corporation, encourages you to follow the requirements and/or guidelines of: i) the Occupational Safety and Health Act of 1970, Public Law 91-596, as amended, and all laws, rules and regulations implemented in relation thereto; ii) the National Electric Code®; and iii) NFPA 70E®. Any installation, assembly or work described in this video should be performed by a qualified licensed electrician. GTV, Galco, , Galco Industrial Electronics, and Galco Industrial Electronics, Inc. are registered and/or pending registered trademarks under the U.S. Patent and Trademark Office, assumed names, registered domain names, and/or trade names of Galco Industrial Electronics, Inc., a Michigan corporation. LEGAL DISCLAIMER: While we have made every attempt to ensure that the information provided is accurate and has been obtained from reliable sources, Galco is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information is provided “as is“, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. At all times you should defer to the instructions and safety guidelines issued by the manufacturer. In no event will Galco, its agents or employees thereof be liable to you or anyone else for any decision made or action taken in reliance on the information provided to you or for any consequential, special or similar damages, even if advised of the possibility of such damages. #petroleum #industry #techtip