Crude oil is the energy commodity that powers the world. While environmental concerns make crude oil's future uncertain, hydrocarbons continue to be the most ubiquitous fuel source on the earth. The addressable market for crude oil has grown dramatically since the beginning of this century. In 2000, the global population was around the six billion level. As we are at the end of the second decade of the twenty-first century, over 7.6 billion people now require energy. The increase of 26.7% has had a significant impact on both the supply and demand sides of the