humans consume and produce energy. In the 1990s‚ it was estimated that‚ “the annual global input of petroleum would be between 1.7 and 8.8 million metric tons‚ the majority of which is derived from anthropogenic sources.” Meaning the estimated amount of oil that would be used every year to meet the energy demand.(Leahy and Colwell 1990) Since this prediction‚ the amount actually used each year has grown considerably. Due to this increased use‚ there have been an equal amount of environmental response from
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THE FUTURE OF OIL Contents 1. Extreme oil--from the deep Atlantic to the arctic‚ from fracking in the U.S. to sands in Canada--is replacing dwindling supplies. But it comes at a heavy economic and environmental cost 2. The Bakken Boom 3. Boom and Bust 4. The True Price of Oil 5. OIL ON THE EDGE 6. TIGHT OIL 7. ARCTIC OFFSHORE 8. PRESALT DEEPWATER 9. OIL SHALE 10. OIL SANDS 11. HOW SPIKING OIL AFFECTS YOU 12. A RECORD PRICE FOR REGULAR 13. INCOME
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Oil & Gas Sector Analysis Submitted to Dr. Atmanand In partial fulfilment of the requirements of the course Managerial Economics Submitted By GROUP 2 Ankita Chokraborty (13PGHR06) Arjun Parekh (13PGHR07) Ashim Gupta (13PGHR08) Atul Kohli (13PGHR10) B Vishnu Vardhan (13PGHR11) Tanya Mehta (13PGHR58) Acknowledgement Of the many people who have been enormously helpful in the preparation of this project‚ we are especially thankful to Dr. Atmanand‚ Professor‚ Economics
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Oil has had a profound impact on the world civilization than any other single natural resource. It is the principle energy source sustaining our civilization and economy in the world. Currently‚ oil is among the world’s most important natural resource‚ without it‚ the world would not function as effective and as efficient as it does today (Science Classified 2008). “Oil has become a very decisive element in defining the politics‚ rhetoric and diplomacy of states” (Agbebi 2009‚ p.1). Economically
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Lab 2 – Water Quality and Contamination Experiment 1: Effects of Groundwater Contamination Table 1: Water Observations (Smell‚ Color‚ Etc.) Beaker Observations 1 Clear no smell 2 Oil was on top and did not mix with water and it had a slight smell 3 A slight haze look to water with strong smell of vinegar 4 Water turned cloudy with bubbles on top and was the hardest to see through 5 100 ml of water filtered through 60 ml soil resulted in slight brown soil colored water 6 100 ml water
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Due to its specific location‚ Huntington Beach can have many possible sources of contamination‚ including the offshore sewage‚ urban runoff‚ and bird feces from the Talbert Coastal Marsh (Choi et al.‚ 2003). Huntington Beach is located in the heavily urbanized Santa Ana watershed and there are some factors that are behind the importance when considering BMPs for this area. In arid regions‚ such as Southern California‚ stormwater in particular effects coastal water quality because a large percentage
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extraction may not be complete‚ or the extract may contain a large quantity of undesired impurities. The natural fats and oil are mixtures of glycerides of fatty acids. Fats and oils are naturally occurring organic compounds which belong to a large group of water insoluble substances called lipids. Lipids are relatively non-polar molecules‚ they can be pulled out of a sample using relatively non-polar solvents. With a non-polar solvent‚ only non-polar molecules in the sample dissolve while polar ones
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OIL CONSERVATION In view of the need to reduce the ever-increasing gap between demand and indigenous supply of crude oil and petroleum products the Government has accorded top priority to conservation of petroleum products. Towards this end various steps to promote conservation of petroleum products in the transport‚ industrial‚ agricultural and domestic sectors have been initiated. These include adoption of measures and practices which are conducive to increase fuel efficiency and training
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MARINE OIL POLLUTION-concept map PTT Global Chemical PLC. PTT Global Chemical PLC. POLLUTER POLLUTER MARINE OIL POLLUTION MARINE OIL POLLUTION Crude oil around 50‚000 liters (420 barrels) spilled into the sea from a pipeline unloading an oil tanker around 20 kilometers (12 miles) off the coast of Rayong province at Ao Prao‚ Samet (Thailand). Crude oil around 50‚000 liters (420 barrels) spilled into the sea from a pipeline unloading an oil tanker around 20 kilometers (12 miles) off
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Fossil fuels well that’s a thing that I have always taken for granted until I saw the documentary of Crude Impact. Well I did know that the population is increasing abundantly but what I didn ’t know is when the consumers increase in such a vast number so does the production. Now imagine this just one person has 30‚000 items that relates to fossil fuels and multiply by the seven billion on our world population. That’s a great quantity of items that relates to fossil fuels in our daily lives. People
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