Agriculture vs oil - page 10. | Bitcointalksearch.org

DrBeer

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Quote from: Hewlet on October 07, 2023, 01:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

The problem is that having oil does not guarantee a high level of a country's economy. Just like huge agricultural lands. It all depends on how the country will manage these resources. Some can plunder (kleptocracy/corruption), others can provide for their citizens and invest in alternative and promising areas. It is possible to build primitive agriculture, and it is possible to build high-tech agriculture, which will give an order of magnitude more income. Everything depends only on what the result of the economic direction is used for and how it is used. You can also choose other directions - high technology, medicine,.... The world has a huge market of consumers, and not only of raw materials.
The only nuance is that perhaps the age of fossil resources is coming to an end..... And we should prepare for it already... yesterday

milewilda

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Quote from: Alpha Marine on October 11, 2023, 09:38:19 AM

Quote from: Issa56 on October 09, 2023, 02:04:53 PM

One is vastly overrated, especially oil, and everything depends on timing. The era of oil is already slowly coming to an end because, if you look at technology, the cars they are making now are electrical, and now even generators and a lot of other things rely on battery and solar power. People no longer rely on generators to provide electricity. It appears that you enjoy potatoes, which is crucial because a man needs to eat. Food is also a requirement. In my opinion, food cannot be compared to oil in terms of importance since oil concerns the economy and food concerns the stomach. The examples of the green home you provided demonstrate how important food is and will continue to be.

You're getting it wrong.
As individuals, you can decide not to use any oil products but you have to be very wealthy to achieve that, but you can't decide not to eat that means in this sense, Agriculture> Oil.
The same cannot be said about a country.

I am yet to see countries that became among the richest countries of the world and Agriculture is 70% of their GDP.
There are rich countries where oil contributes to about 70% of their GDP.

It would be wrong to compare both of them as a sector because a country needs both of them to function optimally.
The talk of "oil will soon go extinct" is overrated. I know that one day oil might no longer have that much value but it won't be in this lifetime or the next. It would take 100s of years for that to happen.
What's the percentage of the world right now that can live completely off oil products?

Food is important, but it doesn't generate nearly as much as oil.

There's no way that oil would really be losing its relevance when it comes to usage on which considering that we just dont talk about cars consumptions but also in other things which are really that depending on oil for it to run or to operate on which lots of industries is really that making use just to make it work or would really be having that operation and without oil or other correlated things to it then it would really be that a huge loss
considering that it cant be possible on running it out. Therefore, it would really be ending up on having that huge effect when we do speak about its abscence and in speaking about such stuff then why would really be that people would really be loving on making some comparison about both things which we do know that they are really that both crucial in existence and do really have that mutual benefit to each other or something that it does exist just because with the help of other one.? There are really indeed things which there's no point on trying to have those comparison or talking about on who is much better.

Iroh

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Both are invaluable as they’re both needed in our lives.
Agriculture is obviously important as we literally need to eat to live.

Oil, when refined is majorly used today all over the world as different sources of energy. It powers our machinery for production and manufacturing of various goods and also fuels our transport systems for movement of raw materials. Very essential for economic growth and development.

Oil is in my opinion, more of a big deal when it comes to the economic strength of a country. Refined oil is needed and being used all over the world as different energy sources but that valuable resource isn’t found just anywhere.
We all need energy and countries naturally having these energy sources would be highly sought after. Hence economic growth and development.

Alpha Marine

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Quote from: Issa56 on October 09, 2023, 02:04:53 PM

One is vastly overrated, especially oil, and everything depends on timing. The era of oil is already slowly coming to an end because, if you look at technology, the cars they are making now are electrical, and now even generators and a lot of other things rely on battery and solar power. People no longer rely on generators to provide electricity. It appears that you enjoy potatoes, which is crucial because a man needs to eat. Food is also a requirement. In my opinion, food cannot be compared to oil in terms of importance since oil concerns the economy and food concerns the stomach. The examples of the green home you provided demonstrate how important food is and will continue to be.

You're getting it wrong.
As individuals, you can decide not to use any oil products but you have to be very wealthy to achieve that, but you can't decide not to eat that means in this sense, Agriculture> Oil.
The same cannot be said about a country.

I am yet to see countries that became among the richest countries of the world and Agriculture is 70% of their GDP.
There are rich countries where oil contributes to about 70% of their GDP.

It would be wrong to compare both of them as a sector because a country needs both of them to function optimally.
The talk of "oil will soon go extinct" is overrated. I know that one day oil might no longer have that much value but it won't be in this lifetime or the next. It would take 100s of years for that to happen.
What's the percentage of the world right now that can live completely off oil products?

Food is important, but it doesn't generate nearly as much as oil.

slapper

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Quote from: Cookdata on October 11, 2023, 05:44:33 AM

Quote from: xSkylarx on October 09, 2023, 08:53:30 PM

Agriculture and oil are correlated because most agriculture right now uses machines like tractors to harvest their crops and even plant and prepare the land so they are using a lot of oil, so if the oil price increases the price also increases. As you can see right now because of the war in Russia and Ukraine the price of oil has increased which has also led to an increase in the price of all foods because after harvesting them they will need to be transported and it uses for oil. So both are needed for economic strength.

A tractor is too far distant, there is no area in the agricultural industry that does not require oil, both in post-farming and pre-farming operations. You need transportation to move anything in order to farm and sell, you need planters to help you sow the seeds, you need harvesters to harvest your crops, you need implements and machines to process these produce and products, and keep in mind that agriculture is more than just farming crops, vegetables, and plants; it also includes animal production and husbandry, which requires power to their house, the water system and grinders.

Whatever natural resources nature bestows upon you, if you optimise them and make them marketable and in demand, people will come for you; it is all about strategy, but because fossil oil is abundant, some governments have become too lazy to hunt for alternative sources of revenue for their country. Some countries lack both, they lack agriculture due to desert, infertile land, and dry land with no natural resources, but they are blessed with animals, they may have one of the most demanding animals in the world, which may be in abundance in their region, they can still earn a lot of money from it.

It's true that a lot of wealthy people use their connections and resources to set up their children for success. But success isn't it a relative term? Success in the current economy is more than just having money; even assets like Bitcoin are subject to extreme fluctuations. It has to do with comprehension, flexibility, and resilience

Certainly, there can be difficulties when marrying into riches. There is a lot to process in terms of the surroundings, expectations, and social relationships. You're right; balance is essential. Balance, yet, isn't that what we all aim for, money or no money. Balance and understanding are crucial, regardless of the erratic nature of relationships or the turbulent market for bitcoin

Why does wealth inequality cause some marriages to fail? Maybe it's about mutual growth, respect, and understanding rather than money alone. Can a relationship's success be determined solely by money? Or is it a matter of common ideals, objectives, and ambitions?

viananda2525

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Quote from: Learn Bitcoin on October 10, 2023, 08:22:34 AM

Quote from: xSkylarx on October 09, 2023, 08:53:30 PM

Agriculture and oil are correlated because most agriculture right now uses machines like tractors to harvest their crops and even plant and prepare the land so they are using a lot of oil, so if the oil price increases the price also increases.

I guess this is the most reasonable answer that makes sense. I saw a similar post on the first page, BTW. Yes, I want to say that I agree with you. Even though old helps run the machines of tractors and harvesters, those machines are part of agriculture as well. A country can increase its production by using the latest technology. In comparison, a country cannot increase the supply of oil. The oil is a natural product. You cannot force them to produce more and more oil according to the demand. So, whenever the demand increases, the oil price increases as well. It applies to almost everything. But a country can increase the production of food if they want.

Oil is the main energy source in the world so that it is currently widely used for industrial, transportation, agricultural and household purposes. Oil is a non-renewable energy source so oil cannot always be a mainstay for the long-term economy. Currently, the agricultural sector is still greatly helped by oil because it can speed up processes in the agricultural cycle.

But agriculture remains an important sector in life and of course the agricultural sector can still be carried out using renewable energy even without using oil. Alternative energy sources such as bioenergy from several types of plants and other energy sources such as solar, wind and wave energy. However, energy production from alternative energy sources is still limited.

Cookdata

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Quote from: xSkylarx on October 09, 2023, 08:53:30 PM

Agriculture and oil are correlated because most agriculture right now uses machines like tractors to harvest their crops and even plant and prepare the land so they are using a lot of oil, so if the oil price increases the price also increases. As you can see right now because of the war in Russia and Ukraine the price of oil has increased which has also led to an increase in the price of all foods because after harvesting them they will need to be transported and it uses for oil. So both are needed for economic strength.

A tractor is too far distant, there is no area in the agricultural industry that does not require oil, both in post-farming and pre-farming operations. You need transportation to move anything in order to farm and sell, you need planters to help you sow the seeds, you need harvesters to harvest your crops, you need implements and machines to process these produce and products, and keep in mind that agriculture is more than just farming crops, vegetables, and plants; it also includes animal production and husbandry, which requires power to their house, the water system and grinders.

Whatever natural resources nature bestows upon you, if you optimise them and make them marketable and in demand, people will come for you; it is all about strategy, but because fossil oil is abundant, some governments have become too lazy to hunt for alternative sources of revenue for their country. Some countries lack both, they lack agriculture due to desert, infertile land, and dry land with no natural resources, but they are blessed with animals, they may have one of the most demanding animals in the world, which may be in abundance in their region, they can still earn a lot of money from it.

Dr.Osh

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Quote from: Poker Player on October 07, 2023, 01:55:15 AM

You pose a false dichotomy, especially since agriculture today is highly dependent on oil. Fields are tilled with power tillers or tractors, grass is cleared with weed cutters, many crops are mechanized, like modern olive harvesting which is picked by machine, many fertilizers are derived from oil, etc. Without oil, agriculture would not have even 20% of its current productivity.

Yes, we know that Middle Eastern countries have one of the largest sources of income from oil, and the developments that have occurred in Arab countries are fantastic. Meanwhile, there are still many less developed countries that depend on agriculture. Even though both are very important, the development of oil business seems to have a faster impact than Agriculture. And I really agree that nowadays almost everything is done with technology, and machines, even Agriculture, and it all requires oil.

HajiBagi

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Although both are important, oil is more crucial because without it, agricultural machinery cannot function. I am aware that in earlier times, people did not use agricultural machinery, but in the modern era, agriculture cannot function without machines, and those machines require oil. I believe that without oil, or let's just say fuel, transportation would not be quick and some people would die before things got to their places. I know that some people will support agriculture because we don't eat oil, but if you sit down and think about it very carefully, you will realise that oil is more important than agriculture these days.

Let's take Nigeria as an example. Since the beginning of this 2023, Nigeria has experienced food shortages, and many complain that food prices are excessive. The economy has changed, and what has changed is oil; where oil was once sold for 250, it is now being sold for 750 now per liter. and oil is the primary factor behind how much everything costs. Agriculture may be significant to some, but without oil, it would be powerless. I think those who support agriculture will recognise that a fuel source like oil or fuel does not depend on anything; people and agriculture are always dependent on it.

uneng

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Quote from: Hewlet on October 07, 2023, 01:49:30 AM

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Agriculture, because as far as I know nobody eats oil and no other industry can replace agriculture in order to produce food. So agriculture is going to be an essential industry forever, while the oil one can be replaced by more advanced renewable technologies. It's true oil is still very profitable nowadays, but in some decades I believe the scenario is going to change completely, and those people boasting luxurious lives from oil income will have a hard time finding another source of income to maintain their lifestyles and the economies of their countries running.

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Quote from: xSkylarx on October 09, 2023, 08:53:30 PM

Agriculture and oil are correlated because most agriculture right now uses machines like tractors to harvest their crops and even plant and prepare the land so they are using a lot of oil, so if the oil price increases the price also increases.

I guess this is the most reasonable answer that makes sense. I saw a similar post on the first page, BTW. Yes, I want to say that I agree with you. Even though old helps run the machines of tractors and harvesters, those machines are part of agriculture as well. A country can increase its production by using the latest technology. In comparison, a country cannot increase the supply of oil. The oil is a natural product. You cannot force them to produce more and more oil according to the demand. So, whenever the demand increases, the oil price increases as well. It applies to almost everything. But a country can increase the production of food if they want.

Adbitco

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This is nothing to argue with or deliberate on as we know oil and Agriculture are both good and they are very essential to human life when it comes of development. The developed countries that mostly based in oil production are sometimes do not have good soil texture to cultivate agricultural products and, there are some plants that can never be found there but then those things can be imported to their country. Just as few people already said some country goes in collaboration with their neighboring countries that own a larger land mass for an agricultural production while they actually imports some of the product and they are living Larger and even more than those who has those agricultural resources.

Woodie

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Quote from: Hewlet on October 07, 2023, 01:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

Before the boom of the oil market, prices per barrel were at their lowest...but because of external factors such as the Russia Ukraine war which can be considered as an artificial factor that caused prices to spike up and don't look like will be returning back to normal anytime soon because demand has pulled price up unless over supply happens to counter demand, then it can drop.

Quote from: Hewlet on October 07, 2023, 01:49:30 AM

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

I think very few oil rich countries actually have both , and in cases of needing food ( agriculture output) trade makes it easy for any country to get what they want if they have something trade... So this basically shows each resource is equally important.

Quote from: Hewlet on October 07, 2023, 01:49:30 AM

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Oil might be the big money deal but both play a crucial role especially knowing that very few countries have both of these resources and rely on other countries to obtain via trade and to contribute to a countries economic standing and revenue collection.

slapper

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Quote from: Crypto Library on October 09, 2023, 11:56:23 AM

Quote from: Hewlet on October 07, 2023, 01:49:30 AM

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Here my opinion would be that as per present time oil is a bigger strength than agriculture for the development of a country. Because all of the agricultural products that are currently in use, from fertilizers to all types of improvement technologies, require oil to operate. We are now in a situation where if the oil supply is not adequate, not only agricultural but also many other sectors will be faced with many obstructions.
The points I mentioned above are applicable to the current situation. But there is no guarantee that the role or necessity of oil will remain the same in the future as many environmentally friendly technologies are currently being developed to reduce dependency on oil. Agriculture is one thing that will remain forever because agriculture is the main source of human survival. That's why you can see that many countries in the Middle East that are on the top list in oil production are also undertaking various projects to increase soil fertility in their countries. Because if any kind of big pandemic has to face people again, people can save their lives without oil but cannot live without food.

It's undeniable that, at this moment, many sectors, including agriculture, are heavily reliant on oil. The machinery, the processes, the very essence of modern agriculture seems to be intertwined with oil. But here's a question to ponder: If oil is so integral now, what happens when its role diminishes in the face of sustainable technologies?

The shift towards environmentally friendly technologies is not just a possibility; it's an impending reality. And agriculture? It's the eternal constant. The very essence of our survival. It's no wonder that nations rich in oil are looking into enhancing soil fertility. Because, when push comes to shove, can we eat oil? Or is the sustenance provided by agriculture irreplaceable? It's a question worth reflecting upon, don't you think?

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Quote from: jaberwock on October 09, 2023, 03:16:16 PM

Quote from: Egii Nna on October 07, 2023, 12:21:41 PM

Based on consideration, both are very important, but if you are going to choose which of them will increase the income of the country, I will go for agriculture because agriculture increases the income of the country faster than oil. If you have good mechanisms and strategies for agriculture, I bet you will prosper. In an instant, China, Brazil, the United States, India, and many of them produce agricultural products a lot and feed a large number of people in the country, but I am not terminating oil. I have more interest in agriculture than oil.

You first said that both are important? Then better if you can stick with it. If we can have both for a better improvement of our country then why only have one? It's just that oil is natural in some countries. They can get lots of supplies of it effortlessly and then others are rich in agriculture. I think it also depend on the nature of their country. Agriculture is best on some less developed areas and also if the weather are mostly raining. It can also work if there is a balance rain and sunny weather. Whichever we have, we will need to have a good strategy and mechanism so that we can improve our production more and that means more income for us.

I think in my country the two things are of vital importants although before now the focus was more on agriculture but since the discovery of oil, the agriculture sector has suffered a little downturn in terms of production and value because the government seem to value the OIL money than agriculture forgetting that agriculture if well planned and invested can fetch huge some of cash just as the way the OIL sector is doing.

xSkylarx

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Agriculture and oil are correlated because most agriculture right now uses machines like tractors to harvest their crops and even plant and prepare the land so they are using a lot of oil, so if the oil price increases the price also increases. As you can see right now because of the war in Russia and Ukraine the price of oil has increased which has also led to an increase in the price of all foods because after harvesting them they will need to be transported and it uses for oil. So both are needed for economic strength.

kingvirtus09

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Quote from: Y3shot on October 09, 2023, 04:16:29 PM

Quote from: Poker Player on October 07, 2023, 01:55:15 AM

You pose a false dichotomy, especially since agriculture today is highly dependent on oil. Fields are tilled with power tillers or tractors, grass is cleared with weed cutters, many crops are mechanized, like modern olive harvesting which is picked by machine, many fertilizers are derived from oil, etc. Without oil, agriculture would not have even 20% of its current productivity.

So true, crude oil has played very vital role in the agricultural sector. Some of the fertilisers used for plant are derived from from petrochemical substance. Crude oil has played very important role in the modern agricultural system because most of the machines and tractors are being operated by oil. Both agriculture and oil are very important to nation economy, the both should be taking serious. Their are countries that only depend on crude oil and the economy is doing very well.

As a result, agriculture and oil should not be confused, as they are both vital to human survival. Perhaps the title in this section is incorrect; perhaps the Op should have done "Benefits to be Gained from Agriculture and Oil." We will not judge one another's looks.

Even I cannot declare that agriculture or oil are superior because they are both essential and cannot exist without the other. Why can you convince us that agriculture and oil are unnecessary? Nobody can claim that one of them is insignificant. Instead, they are both beneficial. That's all I have to say.

milewilda

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Quote from: Poker Player on October 07, 2023, 01:55:15 AM

You pose a false dichotomy, especially since agriculture today is highly dependent on oil. Fields are tilled with power tillers or tractors, grass is cleared with weed cutters, many crops are mechanized, like modern olive harvesting which is picked by machine, many fertilizers are derived from oil, etc. Without oil, agriculture would not have even 20% of its current productivity.

Totally having that benefit basing on how oil is really that significant with those common farm operations even on the slightest things like on which you have said that do talks about fertilizers.
Why would really be needing to have that kind of Versus thing which it doesnt really have no sense because they do really benefit or having that significant usage or really having that contribution.If it wasnt
really been that utilize then we would really be seeing that less production and having that less efficiency and this is why it doesnt make sense on thinking up this way.

Quote from: Hewlet on October 07, 2023, 01:49:30 AM

We know the oil market is booming and countries with oil resources are really making a huge fund out of it and sometimes they do it at the negligence of another local natural resource.

But, of course, the agricultural sector, though not given the proper recognition and the required investment is one sector that contributes seriously to the development and dependence of most nations .

No matter how blessed a country is with oil minerals, if its agricultural sector isn't working and she has to rely on other country for her food and agricultural resources then in event of war or political differences they might suffer.

Agriculture vs oil, which is the big deal when it comes to the economic strength of a country?

Oils are mostly be found or produced on dessert areas such as on middle east or with those common places on which vegetation cant be possible.This is why if they do able to take advantage of those producing oils
then it would really be that normal that they would really be utilizing it and would really be going to buy on what they do they need. Not really that much needing
that crucial thinking but rather common sense thing would really be enough on where they should really be focusing into.

Y3shot

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Quote from: Poker Player on October 07, 2023, 01:55:15 AM

You pose a false dichotomy, especially since agriculture today is highly dependent on oil. Fields are tilled with power tillers or tractors, grass is cleared with weed cutters, many crops are mechanized, like modern olive harvesting which is picked by machine, many fertilizers are derived from oil, etc. Without oil, agriculture would not have even 20% of its current productivity.

So true, crude oil has played very vital role in the agricultural sector. Some of the fertilisers used for plant are derived from from petrochemical substance. Crude oil has played very important role in the modern agricultural system because most of the machines and tractors are being operated by oil. Both agriculture and oil are very important to nation economy, the both should be taking serious. Their are countries that only depend on crude oil and the economy is doing very well.

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Quote from: Miles2006 on October 09, 2023, 01:37:36 PM

From my paspective both Agriculture and oil is needed in our economy growth,
Agriculture has been supportive in our today economy, because in our daily live we make use of agriculture product. When it comes to the production of medicine agriculture is needed because drugs are produce from planting and chemical materials, the rearing of meat, fish, the planting of foods such as yam, cassava, everything is just related to agriculture.
When it comes to oil, oil is needed for the production of fuel, kerosene, and countries make billions through the help of trading oil, for example my country remain dependent on oil revenue.

A country can be blessed with more than one source of sustenance or external revenue but there should be a major that the country is known for. What OP discussed is a case study of Nigeria as a country. The country former has agriculture as it's major source of income not until oil was discovered and Agriculture outrightly abandoned. It was during the regime of former president Mohammadu Bihari that the idea of Agriculture was revamped.
Both oil and Agriculture is cool but I have a very high inclination to agriculture because of its ability to give food and as well as money.
But then every country needs to strike a balance on its sources of income in order not to be over dependent on one.

Topic: Agriculture vs oil - page 10. (Read 2152 times)