Why Water Is Called The New Oil? Ashley Buckhanon Bethel University Abstract This paper is about providing safe drinking water to the world’s 6.9 billion and growing population is one of the greatest challenges of the century. Consideration of the global water cycle‚ however‚ shows that the available renewable freshwater resources exceed the current human demand by roughly a factor of 10. Scarcity results from the uneven spatial and
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a. Nigeria oil is a main part of the countries’ source of income and comprises 95% of their total exports. The nation is the 8th largest oil producer and the fifth largest supplier to America. Even though oil is so profitable‚ over half of Nigeria’s population lives below the poverty line.The extraction and demand for oil makes the government reckless in their pursuit for money‚ making Nigerian government corrupt. The population living below the poverty line live on two dollars day. 2. What can
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The Effects of Oil Spill After the oil spilled over‚ did people’s life change? For sure‚ it affects a lot to human’s lives. However‚ what are those effects? Three major places which are affected by oil spill are business marketing‚ people’s health‚ and environment. The first effect is the economic effect. The tourist season was killed because of the oil spill. The ocean which is full of oil is very unclear‚ and nobody wants to have a vacation at a place like this. The killed tourist season is
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hardy stalks‚ flowers‚ leaves‚ or a combination of different part of the cannabis plant‚ hemp (industrial)‚ cannabidiol (CBD) hemp oil or extract is a natural concentrate that is high in cannabidiol or CBD‚ one of roughly 85 cannabinoids that have been found in the cannabis plant. This is a CBD hemp product that should not be confused with hemp seed oil or the organic hemp oil you typically find on the shelf in a grocery store. There are certain facts or pertinent information that every beginner should
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Edible consumption in india The Indian edible oil market is the world’s fourth-largest after the USA‚ China and Brazil. A growing population‚ increasing rate of consumption and increasing per capita income are accelerating the demand for edible oil in India. This paper analyses the trend in edible oil consumption and the prospects for the Indian edible oil market in the coming years. India is a leading player in edible oils‚ being the world’s largest importer (ahead of the EU and
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Humans cause oil pollution. We put the boats and ships in the water‚ we build oil rigs and drill into the bottom of the ocean‚ and we dump the wrong chemicals into the ocean. Boats and ships have oil leaks just like our cars do. When we’re in the ocean‚ we can’t exactly clean it up with some limestone. If an oil pipe breaks‚ we can’t stop push a button and it stops flowing. The oil is coming from underneath the ocean so it takes us longer to stop it from flowing into the ocean. Some people don’t
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and complete destruction of the oceans from a massive oil spill in the Gulf of Mexico‚ perhaps the largest in history‚ spread expeditiously. Due to cameras‚ leaks in the pipe buried on the ocean floor had been discovered. By the time the pipe leaks had been revealed‚ barrels of oil had secreted into the Gulf ruining reefs‚ destroying habitats‚ and killing animals in its path that dispersed throughout the Gulf by the wind and waves. The BP Oil Spill‚ also known as the Deepwater Horizon Spill‚ has
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BCG MATRIX FOR PSO (PAKISTAN STATE OIL) As according to BCG MATRIX are those compounds which have high growth rate and big share in the market so here in the case of Pakistan State Oil CNG (Compressed Natural Gas) is included in stars because the CNG of PSO is very pure and the pressure of CNG on the petrol pumps is very high but whereas the CNG of other petrol pumps is not very pure. The CNG of other petrol pumps also contain small amount of air and the pressure of CNG on other petrol pumps is
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pre-World War II) before there was a world market for crude oil with market transactions. Why might it be nonsensical to treat posted prices as transactions prices in a quantitative analysis of oil markets? 2. What features of the production technology for crude oil and the characteristics of oil demand would naturally lead to volatile market prices? 3. When will the world run out of crude oil? When will it run out of $25 crude oil? $100 crude oil? Be sure to use comparative cost in your response.
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The global oil and gas industry also involves the exploration and production of commodity and energy trading‚ pipeline monitoring and renewable energy. Petroleum is proved to be one of the most valuable commodities in the world today and a vital factor in the sustenance of industrial civilization. Crude oil production accounts for a significant amount of the world’s oil consumption‚ approximately 53% in the Middle East‚ 32% in Europe and Asia‚ 44% in South and Central America‚ 41% in Africa and
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