Kathryn Boober FYOS 28 September 2011 A Crude Awakening: The Oil Crash This movie primarily explains that oil is scarce, and nobody is prepared for what is going to happen when it runs out. In the beginning of the movie people begin talking about oil as this wonderful thing. Oil is used for and in everything. For example: clothes, make-up, food, food packaging, transportation, and technology are all items that use oil as their main energy source. Oil is a cheap energy source that many take for granted.
Along with a possibility of creating a large job market here in the U.S. with upwards of 600,000 people needing to operate this endeavor, we could take back our economy. The con for this is that it is still too new for us to determine what it can do to the land around where the fracking is taking place. There have been reports of water contamination as well as earthquakes due to displacing tectonic plates. There needs to be a more conclusive study done in order to determine whether or not oil and gas companies should be allowed to engage in fracking. At this time, I could not conclusively say yes or no to allowing fracking in the U.S. 2.
Under Saddam Hussein’s rule, Iraq faced UN economic sanctions that constrained the oil industry making trade very difficult. Although these sanctions have since been lifted, civil unrest and internal economic problems since the war have continued to disrupt supplies. Iran has an elected government but its politics are strongly influenced by religious leaders. This has damaged relations between Iran and the Western world and as a result the supply of oil from this region has been restricted. Political developments in the Middle East are therefore of great importance to the energy security of the rest of the world as the region possesses most of the worlds oil and gas reserves.
Amber Benge Professor Spencer English 101-E102 24 September 2013 A Critique of Wendell Berry’s “Faustian Economics” In the essay Faustian Economics by Wendell Berry, Mr. Berry is discussing the usage of fossil fuel and biofuel by the public. Throughout the essay he states that we use things limitlessly and how in the end, everything will be used up and there will be nothing left. His use of artists as an example shows that he is upset with the world’s use of energy and how it all comes down to the selfishness of the people that will eventually cause the complete usage of all available energy resources available. During this critique we will look at the author’s main argument, how clearly the essay is written and how it was interpreted by the reviewer. Mr. Berry’s main argument in this essay is that the world’s usage of fossil fuel is limitless and even though the people are looking into alternative means of supporting its energy and fuel consumption, it will eventually use up all of the natural available resources.
Fracking is bad for the environment. People still need natural gas or oil to live their life. It will take time to get all of the bugs worked out of fracking. Fracking companies are using the new technology to insure the protection of the environment. Fracking is a cheaper way of obtaining gas.
The 21st Century Energy Boom: An In-depth Analysis of the Benefits of Hydraulic Fracking The controversy of hydraulic fracking is mainly funded by energy corporations and environmental organizations, with the government slowly encroaching after public outcry. With the bias of pro-fracking from energy companies wanting to make money from newly found American natural gas prospects and the anti-fracking claims from environmentalist who are against drilling or operations on American soil wanting very restricting regulations on fracking that would make the process cost more and thus not have the economic benefits that are present now. Through the use of several databases, I have found several different articles that strengthen both sides of
They believe if they don’t police the world and give aid in certain disasters they will be seen as tyrants and turned against by foreign nations, and it is a well-known fact that the US cannot survive without foreign supplies, especially with its constantly failing economy. One of the main foreign supplies the US depends on is oil. We can relate many of our foreign to our need of oil and right now our foreign oil is below 50 percent and our government is beginning to realize just how deep our foreign dependency is (debate). Foreign oil is the reason we went into the war in Iraq (debate). If we didn’t enter the war in Iraq we would have taken a major dip in foreign oil, and we are already running low (politifact).
Canadian government chose not to sell their oil across the seas despite those years being amongst the most expensive for oil prices on record. Instead the Canadian government has deliberated a very dull plan (as it has proved to be) which consisted of Alberta not being able to take part in the national trade, but instead supplying the whole Canada with oil, by a price lower than the one of the market. As a result, Alberta lost an immense amount of wealth which could have been acquired through the process of oil sales. Consequently, the workers could no longer get paid and therefore were discharged from their workplace, ceasing the production. In the meantime while Canada was out of the oil market, a Norway has became an oil dominated exporter.
Water supplies have been contaminated due to companies not using proper procedures and there also have been seismic activity in areas where there is rarely seismic activity. Fracking’s economic benefits do not compensate for the destructions that we are doing to our environment for generations to come. Many people involved in the fracking industry want you to believe it is safe but when using the numerous chemicals there is no telling what can go wrong. “Water would simply sink into the rock without cracking the substrate. For this reason, the drilling companies must make a slick
The main reason that prices are so high is that it foreign oil is extremely costly to secure and to maintain. While there has been research to find alternate sources of energy, people have been turning the other cheek on something right below their nose. The Arctic National Wildlife Refuge in Alaska is said to hold immense amounts of oil that we would not have to import. With rising gas prices and turmoil in the Middle East it is a must that ANWR be looked at and opened up as a source of relief. Most people don't really understand where the Arctic National Wildlife Refuge is located and the relatively tiny amount of space within ANWR, (the Coastal Plain), that's been set aside for potential oil and gas development.