Oxygen is a chemical element with symbol O and atomic number 8. It is a member of the chalcogen group on the periodic table and is a highly reactive nonmetallic element and oxidizing agent that readily forms compounds (notably oxides) with most elements. By mass, oxygen is the third-most abundant element in the universe, after hydrogen and helium. At STP, two atoms of the element bind to form dioxygen, a diatomic gas that is colorless, odorless, and tasteless, with the formula O 2.
Many major classes of organic molecules in living organisms, such as proteins, nucleic acids, carbohydrates, and fats, contain oxygen, as do the major inorganic compounds that are constituents of animal shells, teeth, and bone. Most of the mass of living organisms is oxygen as it is a part of water, the major constituent of lifeforms (for example, about two-thirds of human body mass). Elemental oxygen is produced by cyanobacteria, algae and plants, and is used in cellular respiration for all complex life. Oxygen is toxic to obligately anaerobic organisms, which were the dominant form of early life on Earth until O2 began to accumulate in the atmosphere. Free elemental O2 only began to accumulate in the atmosphere about 2.5 billion years ago during the Great Oxygenation Event , about a billion years after the first appearance of these organisms. Diatomic oxygen gas constitutes 20.8% of the volume of air. Oxygen is the most abundant element by mass in the Earth's crust as part of oxide compounds such as silicon dioxide, making up almost half of the crust's mass.
Oxygen is an important part of the atmosphere , and is necessary to sustain most terrestrial life as it is used in respiration. However, it is too chemically reactive to remain a free element in Earth's atmosphere without being continuously replenished by the photosynthetic action of living organisms, which use the energy of sunlight to produce elemental oxygen from water. Another form (allotrope) of oxygen, ozone (O 3), strongly absorbs UVB radiation and consequently the high-altitude ozone layer helps protect the biosphere from ultraviolet radiation, but is a pollutant near the surface where it is a by-product of smog. At even higher low earth orbit altitudes, atomic oxygen is a significant presence and a cause of erosion for spacecraft.
Oxygen is produced industrially by fractional distillation of liquefied air, use of zeolites with pressure-cycling to concentrate oxygen from air, electrolysis of water and other means. Uses of elemental oxygen include the production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy and life support systems in aircraft, submarines, spaceflight and diving.
Oxygen was discovered independently by Carl Wilhelm Scheele , in Uppsala , in 1773 or earlier, and Joseph Priestley in Wiltshire, in 1774, but Priestley is often given priority because his work was published first. The name oxygen was coined in 1777 by Antoine Lavoisier, whose experiments with oxygen helped to discredit the then-popular phlogiston theory of combustion and corrosion. Its name derives from the Greek roots ὀξύς oxys, "acid", literally "sharp", referring to the sour taste of acids and -γενής -genes, "producer", literally "begetter", because at the time of naming, it was mistakenly thought that all acids required oxygen in their composition.
Oxygen is traded as a Technical Gas at the XChange : Elements -- Raw Materials - Gases - Oxygen (Trade number 00031-O) A ton of liquid Oxygen retails for approximatley 500 - 600 Credits.
There are space born communities who charge an Air or Oxygen tax
For more information see: Oxygen, Full text