Strategic Petroleum Reserve

Inverted Quarantine means being different, and isolating yourself from something threatening, like something toxic. That is what we will be discussing. Andrew Szasz, the author of “ The Future of Illusion” wrote this to explain how we can help the world from pollution or oil consumption. Some may wonder “I am just one person, I wouldn’t be able to change the world.” Who is to say you aren’t able too? See, the first steps is knowing how too, and if you are willing to help the earth. “...…

In his article “NASCAR Goes Green?”, Natale Servino questions NASCAR’s ability to benefit the environment and local economies. NASCAR and the International Speedway Corporation are mainly popular in America’s southern states; however, the companies are looking to expand in America and other countries. Though fans of the sport exist, people concerned with the environment are against the expansion of NASCAR. In response to environmentalists, the International Speedway Corporation and NASCAR state…

1.OPEC The existing oil stocks in the world equal to 1317 bin barrel. About 75% of these resources belongs to OPEC. OPEC (The Organization of the Petrolium Exporting Countries) – is a organization that was created by petroleum exporting countries to regulate oil price. The members of this organization are the countries that their economy depend on oil. OPEC as permanent…

Though there is no easy side to take one important point can be made to support not drilling in this refuge. According to the U.S. Energy Information Administration, 7.08 billion barrels of oil are used in the United States annually. So, though the reserves in Alaska would help support the needs of North America Alaska accounts for only approximately 7% of our current oil needs (National Geographic). The opportunity costs of preserving this remote set of biodiversity are the loss of a portion of…

Hydrocarbon production from unconventional reservoirs has transformed the oil and gas industry in North America. The unconventional reservoirs common attribute is that the permeability of the matrix is ultra-low where the permeability often has been improved by natural fractures or induced hydraulic fractures. Hydraulic fracturing creates highly conductive pathways for hydrocarbons from the reservoir into the wellbore. At high pressure, fracturing fluid which includes of proppant, water, and…

Venezuela is a country who depends entirely on their oil exports, therefore, it can be “profoundly affected by the impact of plummeting prices.” (Ortiz) The effect of these crisis can be felt by the Venezuelan students in the U.S. Ortiz states that “in the fall 2015 some 300,000 students were shut out of their universities, and many who were hoping to study abroad could not.” From the chart it can be seen that Venezuela sends around 7,890 students to the U.S. even though it’s export from the…

Natural Gas Pricing Outlook Supply and demand, technological breakthroughs, severe weather, prices, law & regulation, demographic changes, geopolitical conflicts and disputes are some of the multitude of variables that changes year on year affecting the economy of natural gas sector. Natural gas is more of a volatile economy, even more volatile than crude oil mainly affected by the seasonality and natural gas inventories. Weather conditions as storms and hurricanes can force the supply side…

The major problems of today’s electric cars are definitely range and high price, which primarily results from high producing costs of battery pack. As Elon Musk said, it is not a big problem to build a fully electric car with a long range, but it is extremely difficult to mass produce it, so it can be “affordable” in a way. The high costs of batteries and the ineffective battery technology were limiting their driving range, because the car had to be affordable. That’s why established automakers…

ABSTRACT Acinetobacter radioresistens lipase was created with rehashed sustained clump society utilizing an adjusted medium taking into account Tween 80 as the carbon source. A steady cell focus was appeared to be an essential to amplify the quantity of rehashed cycles, and a sufficient cell development rate was basic for a high lipase yield. The pH-detail bolstering was found to support cell development at a rate too high to impact the lipase creation. The DO-detail sustaining, then again,…

spite of the hostile competition and monopoly of some multinational companies. Conscious of its national impact and its responsibility to escort the social and economic development of Morocco, the group diversified itself by investing on other strategic activities, besides its original domain : hydrocarbons. Progressively, Akwa entered mostly…