Petroleum

The first video of the documentary is “Our Plan” which takes place in the late 1800’s and early 1900’s. It starts with the beginning and discovery of oil, also called petroleum back in those times. The tone was very reflective for me due to all the information that the video supplied the viewers with. It goes into detail about how the industry started and what came about it once everyone realized how valuable oil really was. There was so much that I really took in and really enjoyed learning…

the United States entirely in the past decades. The technology was first discovered in the United States in 1950s as an experimental technology, and was used in over 3,000 wells. By the 1970s, the Organization of the Petroleum Exporting Countries (OPEC) imposed a regulations on petroleum exports and oil production in the United States, leading to rising gasoline prices in the United States. During this time, the U.S. Department of Energy initiated funding for projects related to the production…

power stations to carry out their operations. 8. They have rising prices. Countries in the Middle East have huge oil and gas reserves, so many other countries are dependent on them for constant fuel supply. They comprise the Organization of the Petroleum Exporting Countries (OPEC), which is are responsible for almost half the world’s oil production, even holding the majority of oil reserves. It constantly monitors the volume of oil consumption and then adjusts its own production to maintain…

While gold is beneficial to humans, the environmental impacts of mining gold are more detrimental than some suspect. Mining gold pollutes waters, mine waste contains many dangerous chemicals such as arsenic, lead, mercury, petroleum and cyanide. It also produces solid waste. The process of heap leaching, a way to mine gold, drips cyanide solution through huge piles of ore. 99.9% of the heap becomes waste and are then abandoned. Gold mining is also contributing to the destruction…

Washington Times journalist, Ben Wolfgang, wrote an article on November 4, 2015 about Obama’s decision concerning the Keystone Pipeline. President Obama, declined the proposed Keystone XL pipeline, the political fight over the Canada to Texas project. This project has been going on for much of his presidency. His decision sparked opposition among critics who say the administration’s decision-making process was corrupted by politics. Secretary of State John Kerry also stated that the…

the power derived from the utilization of physical or chemical resources, especially to provide light and heat or to work machines. Energy is all around us and can be created from many things such as oil, natural gas, coal, wood, water, wind, and petroleum. Most industrial nations use fossil fuels, which are natural fuels formed in the geological past from the remains of living organisms such as coal, natural gas and oil to be driving force that powers their modern industrial societies. These…

British Petroleum (BP) is a global energy company that provides transport fuel, lubricants, petrochemicals and energy for heat and lighting and a pioneer in renewable energy among peers in oil and gas (BP 2017b). Sustainability initiatives may be traced back to 1997 as shown in figure 1 while reporting can be traced back to 1998 for which exists the earliest accessible report on BP’s website. International guidelines from the Global Reporting Initiative (GRI) G4’s core option, the United…

In this essay I’ll be discussing the environmental ethics and the associated ethical concepts of the area they include ecological footprint, anthropocentric, instrumental value and intrinsic value. I’ll be using the BP oil spill and its rebranding of the company as a case study that demonstrates a graphic design ethical issue but mainly focuses on the broader environmental issues. The spill has impacted on the ocean’s ecosystem and was a controversial issue due to the way BP tried to resolve the…

Mother Earth while her supplies cannot replenish as fast as we take, and consequently, will not meet our energy needs in the next upcoming years. Specifically in the United States, in 2014 we consumed nearly 80.50 quadrillion BTUs of energy from petroleum, natural gas, and coal; which also is an increase from 2013 of approximately 1.03 quadrillion BTUs. It is no doubt that we need to begin to take action and find new innovations involving groundbreaking technology and sciences in order to meet…

II: How do these fluctuations affect the Canadian economy? A change in energy prices will affect the aggregate economic activity through five channels (CITATION REQUIRED). The channels are the following: • Terms-of-Trade • Foreign Demand • Energy Supply • Cost • Uncertainty The terms-of-trade is defined as the ratio of export prices to import prices (CITATION REQUIRED). According to the Bank of Canada’s report: “Following an energy price change, there is a redistribution of real income between…