Pikes Peak

Introduction For the past three years—due to the global surplus of crude oil production resulting in lower crude prices—oil & gas industry has become a dynamic marketplace and the constant drive for survival and excellence has put the companies on toes to modify their strategies for the next round of competition. Consequently, cost optimization is the near-term strategy in the whole oil & gas industry, and Qatar Petroleum (QP) is no exception. As part of cost optimization, QP examined all the…

The Crude Oil Market is a very lucrative market because of the fact that just about every nation in the world needs oil and its also a non-renewable resource making it scarce. Oil is a very profitable resource as well, and influential when it comes to the power of nations. Major players in this industry are those who were lucky enough to have been placed above large oil reserves. As of now many countries, including the United States can produce large amounts of oil, but yet countries like Saudi…

Oil drilling in environmentally sensitive areas is a very controversial topic. Oil is very important and we depend on oil for many daily uses. Although we have developed other alternative sources of oil, such as solar power, solar power only operates when receiving power from the sun. People depend on oil even with the use of solar power. The use of oil has been the number one source of energy since the early 1900’s. People generally do not realize how much they truly depend on oil. Without the…

New York-based rolling paper and CBD oil company Hemp Americana has announced a critical shareholder update as it has recently made a major addition to its Portland, Maine facility. Hemp Americana wishes to report details related to its recent move to sharply reduce outstanding share count, as well as plans for a major strategic revival of its online presence and sales channels. The reduction of 2.25 billion shares will lower the count down from 6 billion to 3.75 billion, which they tend to…

Colombia is a Spanish speaking nation, located to the South of Venezuela. Colombia, as of 2016, has a population of 48,481,028 people. The Official Colombian currency is the Peso. The Peso is worth a miniscule 0.051 American dollars. Colombia’s main export is petroleum, with coffee and coal not far behind. Colombia’s main imports are most mechanical, and technological products. The United States, the main trade partner of Colombia provides most of these imports. The capital of Colombia is Bogota…

Canadian Oil Sands Limited, is a publically traded, Canadian company, which earns money through investing in oil sands. It generates money by funding in Syncrude Joint Venture (a company that extracts and manufactures oil from oil sands). COS Ltd. was created in 1978, by PanCanadian Petroleum (currently known as Encana). Presently Canadian Oil Sands is being led by Ryan M. Kubik (the CEO), who also happens to be the director and chair board of Syncrude Joint Venture. Canadian Oil Sands used to…

The impact of environmental change on the automobile industry has been significant and widespread. There has been widespread and fast changes in the environment in the past decade which is causing the need for the executives and leaders of auto makers to be cutting edge in their decision making and the pace at which there companies innovate. In the past the business model was clear and the companies felt safe with no direct completion. With the advent of global and international commerce the…

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…

Pros and Cons of Fracking Grandriver Getty images.com By Daniela Bobadilla, Christopher 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.…