Glen Hager was raised in a Baptist farming family and has had a variety of jobs throughout his career, which are extremely important to maintaining Texas finance. Hager is the Chief Revenue Estimator, which basically means that he is responsible for estimating how much money Texas will receive into the State Treasury every other year. Therefore, he is forced to analyze the facts and think about how much money Texas either receives or loses. Furthermore, Hager is also a tax collector for the…
There are many negative articles describing fracking and the environmental impacts that surround it but, there are many positives to fracking such as the following. Economic impact Energy consumers are seeing economic gains, as a result from increased fracking, gas bills have dropped $13 billion per year from 2007 to 2013, which adds up to a total of $200 per year for gas consuming households. Households aren’t the only people seeing the difference, commercial, industrial, and electric power…
Gleason, Irvin Casillas Fracking is just another way of saying hydraulic fracturing, which is the process of cracking through sentiments (hence fracturing) to make harvesting resources such as oil more accessible. The fracking process uses pressurized water with a combination of other materials to penetrate into said sentiment. In the late 1940s, engineers used fracking to increase oil production. Hydraulic fracturing started as an experiment in 1947 by Floyd Farris. The success of fracking…
Could we be in a time in which unions and environmentalist can work and come up with mutual ideas together? Members in the United Steel workers and Sierra Group decided to join forces to improve not only the amount of jobs but also the quality of those jobs. In addition to solutions to the energy crises, establishing wages that families can live off on, a bright retirement, and a promise for health and safety on a job. In 2006 both groups decided on the name The BlueGreen Alliances, a…
in Fort Hills by Petro Canada but lost momentum after the Petro Canada into Suncor merger. By 2013 there were nine oil sands projects in the Athabasca Oil Sands which had produced 52 million cubic meters of Bitumen (a combination of sand, clay and water, it is extremely dense and must be processed…
There are many conflicting opinions whether the development of the oil sands in Canada should proceed or whether it should slow down on any plans to move forward. Although both arguments have valid points, when it comes to educating the general public, the results depend on who presents their argument in a more understandable and convincing way. I found that between the articles Why Canada needs to develop the oil sands and Stop Oil sands expansion, says Canadian and U.S. Scientists. The former…
States with the purpose of extracting oil and natural gas (Freeman, 2014). Fracking is a drilling method, and consists of special ground stimulating techniques that can be vertical, horizontal, or in directional sections, where millions of gallons of water, sand, and chemicals are injected under high pressure into shale formations and are pumped underground to break apart the rock…
There are two major mining companies in Colorado. The Henderson Mine in Empire, Colorado and the Cresson Mine is located in Victor, Colorado. The Henderson Mine produced the mineral molybdenum. The Cripple Creek & Victor Mine produces the mineral gold. Cripple Creek & Victor mine is Colorado’s largest gold mine. The Henderson Mine was founded in 1976 and operated by Climax Molybdenum Company. It has produced 770 million pounds of molybdenum since opening. The mine annual revenue is unknown, but…
Oil conflicts has been caused by many reasons in many counties. Interstate conflicts, intrastate conflicts are two of the main oil conflicts happening around the world. As confusing it may sound, because they both sound fairly the same. Intrastate conflicts are issues happening within a state, another term for intrastate conflict would be civil conflict. For example, the American Civil war was a type of intrastate conflict, the whole war was in the United States and only involved American troops…
Journal Entry 2 – Economics – By Kyra Cameron This article by Ian Austen is about explaining the damages caused by the fires in Fort McMurray, Alberta to the Oil Sands industry, leading to a negative effect on the Canadian Economy. During the fires in Fort McMurray many oil companies slowed down or stopped pumping oil and production stopped by approximately 1 million barrels a day. With oil being a major industry in Alberta, overall output dropped by about 40 percent due to the decrease in…