Conventional Oil
Conventional oil is a type of crude oil that is extracted from underground reservoirs using traditional drilling methods. It is typically found in large, easily accessible deposits and can be pumped to the surface with relative ease. This oil is refined into various products, including gasoline, diesel, and jet fuel, making it a crucial energy source for transportation and industry.
The extraction of conventional oil has been a significant part of the global energy landscape for over a century. Unlike unconventional oil, which requires more complex extraction techniques, conventional oil production is generally more cost-effective and less environmentally invasive. However, it is a finite resource, leading to concerns about sustainability and the transition to alternative energy sources.