Petroleum

look at the environmental risks and impacts oil extraction, transportation, and use has on the environments within the regions of Texas, Oklahoma, New Mexico, and the Gulf of Mexico. Crude oil can be described as an naturally occurring unrefined petroleum product made up of long hydrocarbons that can be refined into a usable product. Examples could range from gasoline, diesel or some sort of petrochemical. 2. Extraction: When looking at all four areas mentioned, most of the processes used for…

Environmental, economic and energetic costs and benefits of biodiesel and ethanol biofuels. By Jason Hill et al. The authors try to determine whether ethanol, produced from corn grain, and biodiesel, produced from soybeans provide benefits over the petroleum-based fuels they displace. To be a viable alternative to fossil fuels, a biofuel (ethanol or biodiesel) should provide a net energy gain, have superior environmental benefits, be economically competitive with fossil fuels and producible in…

came to be. It was made so old products could be made anew (i.e. paper), and it also helped maintain up to 2,400 pounds of carbon dioxide annually. Also more actions have been created to lessen the amount of greenhouse gases that were released into the atmosphere and air. “CFL lightbulbs were created to emit less heat, last 10 times longer than the standard light bulb, and they use two-thirds less energy”. Acid rain is also having things done in order to reduce the amount that falls, and to…

What is the environmental cost of drilling? Do we dare touch such a fragile ecosystem that could never resurrect itself just because “gas prices are too high?” Is mankind so greedy and superficial that we have to take away one the most vast and unique areas of the world just for our own benefit? These are some of the many argumentative questions rational, environmentally aware individuals are asking after a significant amount oil has been recorded under the layers of the Arctic National Wildlife…

1889 formerly known as British Petroleum, whose headquarters is in London, United Kingdom. This publicly integrated organization as of 2017 has a worldwide workforce of 69,900 employees. Globally, BP’s business last year generated $142,598.8 billion British pounds stemming from three main sectors, Upstream, Downstream and Rosneft. These three segments represent an exploration of gas and oil, refineries, manufacturing, markets, transports, supplies, crude oil, petroleum, jet fuel, and customers…

quantity of a product that producers desire to sell at various prices and the quantity that consumers desire to buy from market. Market Sentiment indicates the activity and price movement of the securities traded in that market. Price of the U.S. petroleum…

Oil plays an important economic and social role in Venezuela. The country earns $15 to $20 billion per year in oil revenues, constituting between 75 and 80 percent of Venezuela's total exports. Taxes, royalties and dividends from PDVSA represent roughly 50 percent of all government revenues. Oil activity directly and indirectly generates around 40 percent of national economic activity. (Giusti) The oil impacts on Venezuelas economy can be broken down into three concentric circles. The first…

“lesser Jihad means ‘have to use arms’ if someone attacks you, use jihad to protect themselves… when the attacker stops, then they stop” (class notes). There was often a misconception about the meaning of Jihad that it only meant violence, however this was the minor meaning. The major meaning of jihad is an internal struggle. This goes all the way back to Mohammed Abdullah; the creator of Islam. Before this the Middle East was very separate and chaotic; Mohammed created a place for unity at the…

Specifically, this occurrence was pointed out in the instructor’s critique of my argumentative research paper about foreign oil barons. In the visual, I included information of the imports of petroleum by year from 1992 to 2015. However, instead of summarizing the data I put all the raw data on the graph making it a clustered graph which was hard for the reader to interpret (Foreign Oil). In this example, one can clearly see that it is overloaded…

commonly used in production (Sunggyu Lee 2012). Compared with massive GHG emissions of CO2, SOx, NOx, which are produced by fossil fuels, biodiesel takes advantages on its clean and low-carbon benefits, which is an ideal substitute for traditional petroleum-based diesel used in transportation and energy generation. Besides environmental factors,…