An example of a merger would be if the mid-states refining company, a refiner of oil products, were purchased by the all-star fuel filling company, a chain of gas stations vertical acquisition.
Oil:
- A fossil fuel is petroleum, sometimes referred to as crude oil. Petroleum was created from the remains of extinct marine animals like plants, algae, and bacteria, just like coal and natural gas.
- Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. Crude oil, a sort of fossil fuel, is refined to create useful products like gasoline, diesel, and numerous other petrochemicals.
- Oil is a fossil fuel that was created from a variety of microscopic plants and animals, including zooplankton and algae. Once they pass away, these organisms sink to the ocean floor where they gradually become encased in thick sand and mud.
Learn more about oil here brainly.com/question/19468870
#SPJ4
