Natural resources can be classified as either inexhaustible or exhaustible. Coal is an exhaustible resource that was formed from ancient forests over millions of years. It is important as a fuel for cooking, electricity production, and in manufacturing steel and chemicals. Petroleum is another exhaustible fossil fuel formed from ancient marine organisms. It is refined into useful fuels and products like gasoline, diesel, kerosene, wax and lubricating oil. Fossil fuels like coal and petroleum are finite and non-renewable, so they need to be conserved through efficient use and developing alternative energy sources.