Strategic Petroleum Reserve

A Chance to expand an Innovative mindset, that is what the Illinois Institute of Technology means to me. I believe IIT has the resources necessary to sharpen and develop my mind and bring forth new technology, ideas, and improve our quality of life. Going behind test scores and diplomas, making real change in the world. By telling my story and who I am. Through Illinois institute of Technology i aim to positively have an impact in this ever changing world. I hope that to be given the chance. I…

climate does change, it is almost always in relation to the amount of carbon dioxide in the atmosphere. According to Howard Lee, a geologist who writes for a website called skeptical science, stated that the earth 's climate has abruptly risen in the past, as it is doing today. He also says that these abrupt rises in earths climate has always been destructive for life on earth, causing mass extinction. The Permian period is an example of this. The Permian period is also known as…

For over 100 years the story was 0ne of growth in production to supply a largely Western-driven market, and of competition between private companies for access to reserves. Since 2OO5, oil prices have moved to a permanently high level. 0ther industries are capturing some of the demand for transport by producing more efficient engines, vehicles, ships and aircraft, and by supplying alternative fuels. New technologies are providing diverse but uncertain opportunities for producing ‘unconventional’…

Fracking has made its way across the U.S. at an alarming rate in the past few years. These wells are popping up on the side of roads, in the middle of fields, and around small rural communities all throughout our nation. The attitude towards this type of oil and natural gas production is highly controversial and bring a great amount of tension between U.S. citizens and our nation 's oil companies. This tension has many facing the reality that even though Fracking has many beneficial properties,…

Fracking can be devastating to the environment and the health of the community that lives near any fracking operation. There have been many cases documented where families that either live near a fracking site or that have even allowed fracking companies to frack on their land, having unusual symptoms that are related back to fracking. These symptoms can be but not limited to fatigue, burning eyes, dermatologic irritation, headaches, upper respiratory problems and many more. Along with these…

Oil is one of most important items in the world. Where you have oil you have money the two correspond with another. The fluctuation on the prices of oil can have dire consequences to the economy of a nation and a province. There is oil in Canada and the government has noticed that, the government has put numerous implications to improve our exportation of oil. With the drop in the price of oil some provinces in Canada like Alberta will have a tough time rebuilding the lost revenue. It is…

harnessing its global natural gas reserves. According to the Energy Information Administration (EIA), the global natural gas reserves amount to around 1.3 trillion boe with the Middle East and Eurasia (mainly Russia) accounting for 72% of the total. Also, according to the EIA, there is another 1 trillion boe of technically recoverable, undiscovered conventional natural gas. 2- ExxonMobil could strengthen its business with the expected increase in demand for oil and petroleum products across…

Background of Newmont Mining Corporation Newmont Mining Corporation was founded in 1916 by Colonel William Boyce Thompson. They are one of the world’s largest gold producers and become a listed company in New York Stock Exchange (NYSC) since 1940. Their business locates in US, Australia, Indonesia, Ghana, Canada, Peru, New Zealand and Mexico. Newmont Mining Corporation has approximately 35,000 employees and contractors worldwide. They are the only gold mining company included in S&P 500 Index…

INTRODUCTION In a debate regarding the most important asset of a country, one country might say its greatest assets are its financial assets. Another might say its oil and gas, and still to another that might be its gold reserves. While some only focus on physical assets that can be easily bought and sold, It is Winston Churchill who expressed that “Healthy citizens are the greatest asset any country can have”. All these assets contribute in some way or the other to the country’s economic…

Absence of the analyst is often a reason that the relationships between business people and programs are not at a good scale. Areas of the business analysis include 4 tiers, strategic planning, business model analysis, process design and system analysis. These support the development of training material participants and the implementation of project plans and management skills. BSA covers deliverables such as business requirements…