Strategic Petroleum Reserve

Often, many companies attempt to unlock the true value of globalization but struggle because they are unaware of what it really means. In an article, globalization is explained as it pertains to companies, “According to the study, as companies expand around the world, creating the capabilities to ensure that existing and new investments are holistically and continuously optimized is crucial for unlocking the true value of globalization.” (“Unlocking the Value of Globalization,” 2005). Applying…

drill for oil with the knowledge that we would be killing plants, animals, and food resources for other human beings if an occurrence such as this were to happen. In addition, with the knowledge that we most likely will not get enough oil from this reserve to last us a single year, it again seems foolish to spend our time and money drilling for oil where there is no advantage for doing…

Perhaps one of the most widely debated topics, in recent years, is the construction of the Keystone XL Pipeline. The completion of the project has been done in multiple phases and one of the last phases scheduled to be completed is the phase 4 extension. This extension would create a pipeline that would trek, around 2000 miles, from Alberta Canada to the gulf coast of Texas (Friends of the Earth). Since the pipeline would cross international borders, approval from congress would be necessary in…

Over the past couple of decades, a global oil crisis has gradually developed. Oil usage worldwide has increased significantly over the years and the supply of oil is not meeting the fully meeting the high demands. Oil is an essential non renewable natural resource that is used for many daily activities. In order to avoid running out of oil in the near future, it is essential to manipulate and maneuver the available oil in a wise manner. However, even with this in mind, many people in the modern…

History, Hazards and Benefits of LPG. CNG and Gas Alternative energy such as CNG and LNG is an exciting alternative fuel that will enable society to produce a cleaner, safer and inexpensive compared to our established fossil fuels that we use today (liquefied). The uses of these gases we enjoy today has a long history, and extremely perplexing to humankind. There are precautions that must be adhered to concerning storage, use of LPG and CNG. In addition, the risks of using LPG and CNG far out…

Futuristic: It is important for the taxpayers of the United States to consider the options of the oil drilling industry. Supported by the prior research and evaluation, the continuation of conventional oil drilling throughout the United States will not only improve its economical and environmental futuristic aspects, but will ensure the survival of the United State’s global dominance in the oil industry. OPEC has faced severe drops in profits from the competition of booming private American oil…

Fuels"). Most modern scientists and petroleum engineers believe fossil fuels will be gone by 2088. Fossil…

In 1859, events took place on opposite sides of the Atlantic that created two of the most powerful industries in the world. First, Edwin Drake drilled the first oil well in the U.S. in Titusville, Pennsylvania. Then, J.J. Etienne Lenoir built the first single cylinder two-stroke internal combustion engine in Paris, France. But that’s about as close as the oil and automotive industries would get for another four decades. John D. Rockefeller and Henry Flagler built a viable oil industry following…

The United States of America spends more than $200,000 per minute on foreign oil -- $13 million per hour(NRDC). America 's dependence on oil is a threat to its national security and economy. Growing demand and shrinking domestic production means America is importing more and more oil each year to fill its ever growing need for fuel. The United States needs to use new alternative energy sources to to prevent the spending of millions more on foreign oil. Renewable sources such as wind, solar,…

In the modern world most everything runs on fossil fuel, but there is one major flaw in fossil fuels. New methods are needed to generate power; we need an alternative energy source so that we do not run out of fuel. We need alternative energy for many reasons mainly because we are running out of fuel but also because we are polluting this world, alternative energy can produce “clean” energy that will provide a new power source without polluting this world. In this article I will talk about these…