Oil reserves

‘Environmental Impact Assessment Process for Oil, Gas and Mining Projects in Nigeria: A Critical Analysis’. Law, Environment and Development Journal, pp. 35. [Online]. Available at: http://www.lead-journal.org/content/14035.pdf [Accessed: 11/09/2017]. KHORSANDI, J., 2011. ‘SUMMARY OF VARIOUS RISK–MITIGATING…

The great consumption of fossil fuels and the exponential increase in human population have also increase the greenhouse gases on the planet. The depletion and of petroleum and to their harm to the environment, biofuel arise as a promising option to replace fossil fuels in the future. Biofuel are derived from biomass conversion with many different examples such as biogas, biodiesel and bioethanol as the most currently used, and biofuels are considered not to leave a carbon print to the…

Bus 2203, Principals of Finance1 Unit 2, Written Assignment “Monetary Policy and the Housing Bubble” What role did the setting of monetary policy play in housing market developments? The central theme of this paper is to evaluate the role and relationship between monetary policy with a specific focus on the housing market developments. It is an estimation that monetary and/or economic conditions of a country will affect mortgage borrowing as well as prices of homes. The direct correlation…

10th largest oil reserve in the world”. “The US consumes more oil than any oil country 1.85 billion barrels per day”. Oil spills affect the environment and economy. The Gulf of Mexico has over a thousand oil rigs. The Deepwater Horizon is one of the biggest oil rigs on the Gulf of Mexico. In 2010 there was one of the largest oil spills in History. As many oil rigs as there are on the Gulf of Mexico there are frequent spills. Deepwater Horizon was considered the largest marine oil spill in…

The US Federal Reserve has several options at its disposal to enact monetary policy within the United States. Some of these instruments are short term and long term. Some are in place to actually enforce policy while others are there to temper drastic changes or to meter other influencers that otherwise would attempt to control market conditions. In this assignment, we will talk about both policy and non-policy driven options the Federal Reserve can use and when they typically do. As…

I will be examining the risks of the student loan bubble. Over the last 5 years the American federal reserve bank has increased spending on federal student loans over 1,000%. From $100 billion to over $1 trillion dollars. According to Kate Hardiman from University of Notre Dame “Economists believe the amount of federal money allocated to student loans shown in this graph is highly “unsustainable.””. With the increasingly large amount of risky student loans being given out its not going to be…

Federal Reserve Bank implemented a solution. A solution that years later would only prove to be a disaster for the American people. The strategy introduced by the Fed, they hoped, would reverse the economic state of America. Citizens and banks alike had to learn to be trusted by each other once again. This led to the decision to lower the federal funds rate. Investopedia.com explains this rate as, “ The interest rate at which a depository institution lends funds maintained at the Federal Reserve…

What is democracy? According to Webster’s dictionary, it is a form of government in which the people vote for their leader. In my opinion it is much more than that. I think democracy is not only people picking leaders as much as it is the freedom of choice. Democracy is the freedom to choose how we live our lives on daily basis. Growing up, we get to decide what our life dreams and goals are. I think in a democratic nation that we should be given the tools to succeed and the freedom to do as we…

1. What are Seismic Imaging Technology and Chevron use of the technology? Seismic Imaging is a tool/technique to find the availability of crude oils and natural gas underground. It is also known as reflection Seismology as it is a process of inspection geophysics to evaluate the properties of Earth’s subsurface by using the principles of seismology from the reflected seismic waves. Sound waves are recorded by Seismologists using an ultrasensitive device called geophone as they echo under the…

The Athabasca oil sands, more commonly known as the Alberta tar sands, are large deposits of heavy crude oil in the North Easterly reaches of Alberta. According to Alberta Energy, the oil sands are the third largest crude oil reserves in the world. Only two countries, Saudi Arabia and Venezuela, possess reserves greater than Canada (Alberta Energy, 2012). Arguably, the capital gained from exporting Athabasca bitumen or crude oil (a form of petroleum) promotes job and economic growth, and also…