Changes

'''Big Oil''' is a pejorative term some use to describe the major petroleum companies such as Exxon-Mobil, Chevron-Texaco, British Petroleum and others.   

'''Big Oil''' is a pejorative term some use to describe the major [[petroleum]] companies such as Exxon-Mobil, Chevron-Texaco, BP, Total, ConocoPhillips and RoyalDutchShell.  These are some of the largest [[corporations]] in the world, although several other state owned oil companies are also becoming large oil exploration and production companies.  These are Saudi Aramco, Russia’s Gazprom, NIOC of Iran, Venezuela’s PDVSA, CNPC of China, Brazil’s Petrobras and Petronas according to the Financial Times.<ref>[http://www.ft.com/cms/s/471ae1b8-d001-11db-94cb-000b5df10621.html The new Seven Sisters: oil and gas giants dwarf western rivals]</ref>

 

Oil is used as a raw ingredient in the production of gasoline, heating oil and plastics.<ref>Pipeline Fact Sheet[http://primis.phmsa.dot.gov/comm/FactSheets/FSProductList.htm]</ref>

== Politics ==

== Politics ==