Group 16: Econ Project #1 Due: 16 October 2003 Introduction by Jamie Ifkovits: Oil is certainly the world ’s largest cash commodity. One of the main products produced from crude oil is gasoline. Gas plays a significant role in the life of people in countries throughout the world. Gas accounts for approximately 17% of the energy consumed in the United States and is primarily used for powering automobiles ("A Primer on Gasolne Prices" 5 Oct 2003). The prices paid by customers at the
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Oil Spills Pollution in the ocean is a major problem that is affecting the ocean and the rest of the Earth. Pollution is the ocean directly affects ocean organisms and indirectly affects human heath and resources. Oil spills is one of the harmful materials that are a major source of pollution in the ocean. “Oil spills stem from accidents involving tankers‚ barges‚ pipelines‚ refineries‚ and storage facilities‚ often while the oil is being transported to its users.” (NOAA 2012) Based on information
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STUDY GUIDE LORENZO’S OIL Overview Lorenzo’s Oil is the story of the Odones’ race against time for the survival of their little boy. Lorenzo at age 6 develops a classic childhood case of Adrenoleukodystrophy. Augusto and Michaela Odone work tirelessly with little assistance from the medical community and the parent support group to find a therapy to stop the progression of this devastating disease. In 2001 Elizabeth Spike‚ a high school biology teacher in Rochester‚ New York‚ chose to show a film
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of the ’Peak Oil’ theory‚ the world is expected to face severe oil shortages in the near future. Then‚ how can mankind meet its energy needs? Peak oil is the point in time when the maximum rate of global petroleum extraction is reached‚ after which the rate of production enters terminal decline. The concept is based on the observed production rates of individual oil wells‚ and the combined production rate of a field of related oil wells. The aggregate production rate from an oil field over time
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Dimon English 091 November 5‚ 2006 "Oil Dependency: Increase Research Funds" America’s dependency on foreign oil is slowly crippling the average citizen’s hard-earned income with outrageous fluctuation in gas prices. The American government seriously needs to step it in gear and start taking action on possible supplemental energy sources to replace foreign oil and actually begin providing those sources to the public without overpricing. Today’s foreign oil is polluting our air and crushing we
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No Oil Drilling In Protected Areas Oil‚ or petroleum‚ is a complex mixture of various hydrocarbons and rock minerals found below the earth ’s surface. When the oil is extracted from the ground it is then refined into various gases or fuels and as a raw material‚ it can be used to make plastic‚ pesticides and many more uses. Oil drilling is a process of perforating the earth’s surface and rock layers to extract fossil fuels or oil for energy productions. Oil is found all over the world and it
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Snap Assignment After watching part of the series the pacific‚ there were two key concepts that could be used to attempt to explain and understand the marine’s perspectives of the people they encounter in Okinawa. In addition to the brutality presented in the film. The first concept is the ethnocentrism‚ a perspective that the marines in the film take when they view the people they are fighting Okinawa and their culture. With this view the American marine’s compare the Okinawan people and the island
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process will ease the separation of molded parts from the mold and leave the mold cleaner. Hence Release-ease was widely used in molding plastic parts. Release-ease was a patented product of Applichem and it used to bring steady revenues to the company through 1982. There was not much R&D done on Release-ease later to 1952‚ but only the process innovations had taken place in the manufacturing plant at Frankfurt. Applichem’s applications engineers worked closely with the customers‚ identifying the
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SMALL-SCALE PRODUCTION OF ESSENTIAL OILS Essential oils are the volatile oils distilled from aromatic plant materials. The odour and flavour of these oils is usually dependent upon these oxygenated compounds. Many oils are terpenoids‚ a few oils are benzene derivatives. Table 1 shows the important constituents of the more common essential oils. Name Part of plant used Leaf Botanical name Important constituents Uses Lemongrass and citronella Eucalyptus Cymbopogon spp Citral
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Case 2– Research in Motion- RIM 1. What were some of the challenges RIM faced to protect its Intellectual Property and how did RIM handle those challenges? There was a legal action between NTP and RIM over the intellectual property. RIM resolved the action. To protect its intellectual property‚ RIM agreed to pay $612.5 million to NTP Inc. to settle the fight. The dispute had threatened to end RIM’s BlackBerry e-mail service to millions of users in the U.S. and has been the subject of a four-year
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