What is crude oil? Crude oil is a naturally occurring liquid found inside certain rocks trapped beneath the Earth’s crust. It is dark and sticky‚ classified as a hydrocarbon‚ or rather mixture of hydrocarbons. We separate them in order to make something useful during a process called fractional distillation. Since it is highly flammable and can be burned to make energy‚ it is used as a major fuel source on our planet. This oil is a fossil fuel‚ what means that there is a limited supply
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Critique on “The Future Of Oil” INTRODUCTION In April 9‚ 2012 an article in TIME Magazine‚ titled " The Future of Oil" by author Bryan Walsh which is a senior writer for TIME magazine‚ covering energy‚ environment and diseases infers and appraises the future of oil in the aspect of economy‚ value‚ scarcity and finding its alternatives. The author reveals and reviews the importance of oils to global economy as well as the urgency on finding another replacement for oil in order to flee the world
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Seraj English 112 11 October 2012 Deepwater Horizon Oil Spill The Deepwater Horizon oil spill was a devastating event that lasted several months. It occurred on April 20 through July 15‚ 2010 offshore Louisiana‚ Gulf of Mexico‚ USA. Deepwater Horizon is owned and operated by British Petroleum (BP). The spill was caused by an oil gusher on the ocean floor. The Deepwater Horizon rig started drilling a well at a water depth of 5‚000ft in MC block 252 when it caught
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sales price The average production cost Productive Wells and acreage Total gross and net productive wells Total gross and net developed acreage Undeveloped acreage Undeveloped acreage both net and gross acres by area Terms of the lease Drilling Activity The number of net productive and dry exploratory wells The number of net productive and dry
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Athabasca oil sands From Wikipedia‚ the free encyclopedia This article is about the bitumen deposit. For the corporation‚ see Athabasca Oil Sands Corp. Athabasca oil sands Athabasca Oil Sands map.png Country Canada Region Northern Alberta Offshore/onshore Onshore‚ mining Coordinates 57.02°N 111.65°WCoordinates: 57.02°N 111.65°W Operators Syncrude‚ Suncor‚ CNRL‚ Shell‚ Total‚ Imperial Oil‚ Petro Canada‚ Devon‚ Husky‚ Statoil‚ Nexen Partners Chevron‚ Marathon‚ ConocoPhillips‚ BP‚ Oxy
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Oil Ethics Oil Ethics Table of Contents Abstract 3 Introduction 4 1 Key Facts about the Canadian Oil Sands 5 2 Extraction Process 7 2.1 Mining ........................................................................................................................................ 7 2.2 In-Situ Recovery ......................................................................................................................... 8 2.3 Economic
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Tarbell’s The History of the Standard Oil Company she mentions‚ "Mr. Rockefeller has systematically played with loaded dice‚ and it is doubtful if there has ever been a time ... when he has run a race with a competitor and started fair." Monopolies do not play fair with the competition John D. Rockefeller created Standard Oil’s Company in 1870. He believed the most profit from oil was found in refining it‚ not drilling. Rockefeller described the competition in oil refining as "chaotic". He then began
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Reflection Paper on Gulf Oil Spill This presentation had a deep impact on me because I had been living in Gulf Breeze‚ Florida at the time of the spill. Gulf Breeze is located 15 miles West of Pensacola and the reefs and beaches were severely impacted by it. Not only did the spill impact the environment but also the tourism which that city needed to thrive; in turn businesses closed and restaurants plundered. When I looked outside my bedroom window at the ocean‚ instead of seeing the bright blue
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Jeana Greaves Chem3301-112 June 19‚ 2013 Synthesis of Aspirin from Methyl Salicylate Introduction The synthesis of Aspirin (Acetyl Salicyclic Acid) began with methyl salicylate and sodium hydroxide as the reagent. The polar oxygen accepts the electrons from now positively charged hydrogen. The positively charged sodium disassociates leaving the hydroxide ion with a negative Scheme 1 shows the mechanisms that were demonstrated during the synthesis of Aspirin. charge that attracts to the positively
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tilburg | Oil consumption in less developed countries | Empirical study on oil consumption in less developed countries | Abstract: This paper investigates the relation between GDP and oil consumption in a sample of 71 LDC’s. Two outlier countries with a deviating rate of oil consumption are found. Equatorial Guinea has relatively low oil consumption‚ while The Seychelles has relatively high oil consumption‚ in relation to their GDP. After that possible factors that might affect oil consumption
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