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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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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Introduction to Gas Turbines A turbine is any kind of spinning device that uses the action of a fluid to produce work. Typical fluids are: air‚ wind‚ water‚ steam and helium. Windmills and hydroelectric dams have used turbine action for decades to turn the core of an electrical generator to produce power for both industrial and residential consumption. Simpler turbines are much older‚ with the first known appearance dating to the time of ancient Greece. In the history of energy conversion‚ however
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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 pumps reflects the price of production and delivery‚ the
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OVERALL Questar corporation is an energy company with asset valued at about $4 billion which is the main developer of the gas wells arround the Pinedale Mesa‚ an area that is famous at the gateway to the hunting‚ fishing‚ and hiking treasures. Ocassionally elk‚ mule deer‚ pronghorn antelope and other wild life‚ including the imperiled greater sage grouse‚ descent from their habitats atop the mesa and gingerly make their way around and between the questar wells around Pinedale. Not suprisingly‚ environmentalist
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ENPE 573 – Unconventional Gas Exploitation Introduction to Shale Gas Classification‚ Formation‚ & Extraction Abstract The production of conventional gas has been declining over the last few years due to dwindling reserves. To counter-act this decline‚ companies are quickly turning to unconventional gas plays that can offer even greater reserves as shown in figure 1. Unfortunately‚ recovering unconventional gas is a very difficult process that requires advanced stimulation and/or
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CASE STUDY Gas and Grouse Introduction The objective of this case study is to investigate the various systemic‚ corporate and ethical issues behind Questar Corporation’s drilling operations on the Pinedale Mesa. Besides that‚ this case study is conducted to determine the value of wildlife species and its balance against the economic interests of Questar Corporation. Furthermore‚ it is also to determine whether Questar is morally obligated to cease its operations on the mesa and whether
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Matching the Words The exchange of ideas‚ opinions and knowledge counts a lot in college‚ especially when students get stuck on the very first thesis statement of their very first research paper. Many of them get frustrated -- their thoughts seem locked like money in a vault. Interaction and peer collaboration are the only ways to unlock the unconscious ideas that dwell in our brains. ACMT was not the first place where I encountered the importance of cooperation and variety of cultures. I
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Great Impact of Rising Fuel Price Fuel is another transportation system component. Rising of fuel price is one of the major issues facing the transportation industry in Malaysia. Fuel may be gasoline‚ natural gas‚ diesel fuel‚ ethanol‚ methanol‚ coal‚ etc. The costs and efficiency of transportation fuels are considerable interest. (Joseph Sussman; Introduction to Transportation Systems; Transportation System Components; 2000). Fuel price volatility along with overall price increases has been an issue
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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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