... I will begin by refuting and deconstructing some of the arguments put forth by side opposition, and then I will continue with the affirmative case. As side opposition has said that we should help starving and homeless people by ending the funds towards space research, and yes, there are issues that do plague us as a race. There is poverty and injustice in the world. While these issues exist and should certainly not be ignored, the funds put forth to space exploration have a major impact and are no less of a priority. Remember, our goal here is to create a balance, not completely give...
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...Space Exploration Space exploration has been a hot topic in the last couple of years on whether the government should fund space programs. Funding space programs for new research is a great idea because it could help us solve many problems on earth such as overpopulation and medicine. Overpopulation may be reduced by space exploration. The population of earth is growing like never before, overpopulation causes many problems like air quality. The world population increased from 3 billion in 1959 to 6 billion by 1999, a doubling that occurred over 40 years. The Census Bureau's latest projections imply that population growth will continue into the 21st century, although more slowly. The world population is projected to grow from 6 billion in 1999 to 9 billion by 2044, an increase of 50 percent that is expected to require 45 years (1). Space exploration can reduce the number of people living on earth by placing them on another planet that could have the same exact environment as earth. If we invest in these space programs they might actually find a planet that is close to the environment of earth. NASA has found planets in the recent years close to size and the atmosphere of earth but they claimed all of them are not livable (2). This indicates that we are closer to the grand prize which is finding a planet that we can live on, if these indications are true we might actually find a planet that people can live on and survive. We are getting closer and closer to finding a sister...
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...a close in our pro and con argument was that the government should let smaller companies or private companies take over space exploration in the U.S., With the retirement of the space shuttles last year, Nasa is looking to SpaceX and Orbital Sciences to take over flying US cargo to the space. The number of companies in 2011 are 485, including SpaceX. It will be one of the first private companies expecting to launch a rocket to the International Space Station May 7th, 2012. Once SpaceX feel they have perfected delivering cargos they will turn their focus to transporting U.S. astronauts. In the article by Tia Mitchell, Florida’s New Space Coast Prepares to Launch, the SpaceX spokeswoman Kristin Brost Grantham said, “We are right now standing at kind of the beginning of a new era in space travel, one in which the commercial companies work with NASA to advance space flight.” Florida has always competed to get a huge piece of the global space industry, especially after former President George W. Bush announced the ending of space shuttle programs. Large numbers of jobs lost were between seven and nine thousand. With Bush’s decision, it allowed time for Florida’s Space Coast to prepare. The state was able to allocate tens and millions of dollars to invest in companies and improve infrastructure with businesses, like Space Florida or Florida Enterprise, that would expand and new ones would be attracted to Florida. Space Florida pledged up to $50 million meeting numerous needs, such...
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...Why we should not go to the Mars Launching a manned mission to Mars has been a dream or substantial matter for the scientist throughout this decade. This idea has been argued by certain groups of people with supporting or opposing view. The trip to the Mars planet had facing a lot of problems or issues which need to overcome in order to continue this mission. Some of the supporting parties may argue that the exploration of Mars gives us a better understanding to our homeland, the Earth. They are also in the view where a manned mission to Mars may retain the leadership of United State of America in international space technologies. However, by gaining great reputation through leading the technologies in the world, the budget should spend in a more suitable way for economic or technical growth. Although there are certainly good arguments to send manned flight to Mars, I believe that there are more benefits sending unmanned probes to explore the planet than spending a huge amount of money in sending the manned flight over there. The supporters argue that by sending manned flight to Mars, we gain a chance to understand the Earth better due to the similarity between Mars and Earth. Hence we can figure out ways to protect the environment on Earth by exploring the condition on Mars. But the unmanned probes in this century are advance enough to pursue accomplishment in exploring different planets such as discovering the evidence of water on Mars. There are plenty more unmanned missions...
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...Skies The Limit? The exploration of space VS The issues on earth. Aileen Johnson English Composition Introduction We live in a world where there are environmental issues that range from global warming to air pollution. Environmental scientists dedicated themselves by putting years and years into finding a long-term solution for these issues. The effects of these issues can potentially be damaging in the next couple of decades so people live I fear of what is to come. This same fear prevents people from thinking outside of the box. We came so far in the mist of our issues that it almost seems unfixable. With new technology today we have various ways for exploring outside our world to find new ways to make life on earth a little easier. Since issues on earth are still in effect, people’s fear of what is to come in the future prevent them from becoming aware of how exploring outside this world in space can actually benefit us all, and how important it is to our planet earth. Although there are many environmental issues on earth, outer exploration should continue to be funded. Outer space exploration may be needed in the future to prevent or solve new issues on earth to come. Oblivious To the Benefits There are many benefits to outer space exploration that people are aware not of. Before I decided to do research I was unaware of the number of things that we actually use today that would have never...
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...supposedly an “expert” at NASA, we are likely to contact extraterrestrial life within 20 years. In the science fiction novel 2001: A Space Odyssey, Arthur C. Clarke states in the epilogue “Except for communication with alien intelligences: that is something that can never be planned- only anticipated. Nobody knows whether it will happen tomorrow - or a thousand years hence.” In other words, saying that we will find out that we...
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...Obstacles and Solutions for Human Travel and Exploration of Mars Man is not destined to stand idle in the face of new frontiers and undiscovered fortunes. Since the beginning of time, man has risked nothing short of his own life to step beyond dreams and achieve the reality of the new and undiscovered. With the need to find these new corners of the universe, new technologies must be achieved giving man not only the abilities to overcome the impossible but the opportunity to better understand man himself. The conquest of Mars is a necessary step to exponentially leap man’s knowledge into new realms of understanding. The conquest of Mars is no longer an option but a necessity. I have been tasked today to present to my audience the obstacles and solutions associated with human interplanetary travel with respect to Mars. While many current fuel and propulsions systems are purely hypothetical, the idea to propel is basically the same. The principle is based on Newton’s Third Law of Motion: For every action, there is an equal and opposite reaction. As propellant is expelled from the spacecraft, a reactionary force is acted upon the spacecraft creating movement. This can be done in many forms including chemical propellant, electricity, nuclear, and solar sails. Chemical propulsion systems are the current propulsion systems of choice in the current world’s space programs. Chemical propulsion systems contain a fuel source and oxidizing agent that are mixed and burned in a...
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...The Advancement and Obstacles of the National Aeronautics and Space Administration Abstract This essay discusses articles that observe the financial standing of the National Aeronautic and Space Administration, as well as the correlation between public opinion and governmental funding. The main discussion goes through a history of the administration, separated into five different eras based on significant missions, and how each era differed based on the expected outcome of a mission or program. In addition, the government and the public’s financial support is discussed for each program. The fifth era then leads into the discussion of current funding and cuts from the Obama administration and the future of the agency with different goals in place. NASA has changed the face of America. From the beginning, the administration had very ambitious and innovative ideas that sparked heavy admiration and support yet, also much criticism. This large support and opposition has led to many different obstacles to overcome in progression, such as lack of funding and public support for astronomically innovative ideas. History Lambright (2010) states the most fundamental explanation of the development of NASA, saying, “NASA has a life that is a function of its internal dynamics and political environment. As that environment has changed, NASA has adapted—sometimes voluntarily, other times under pressure. As NASA has altered, so, too, has its relationship with external...
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...are as follows: Canaccord Adams Gold Estimation Bank of Nova Scotia Gold Analysis — Double-dipped recession Prediction of rising inflation — Near term outlook is $1,300 per ounce Natixis Price Per Ounce Prediction December 3rd 2009 brought about these guesses from Canaccord Adams: The reasons they feel the price of Gold will trade at these values are: Global stimulus packages are devaluing currency Gold becoming a popular way to both hedge and invest — Inflation or deflation — Dollar or bond crisis Low interest rates in 2010, expected near zero, will provide support for Gold. The price of Gold has a gamut of forecast ranges for 2010. A compilation of the predictions and estimates are listed below. On November 25th 2009, Natixis revealed their estimate on Gold prices in 2010 to be $950 per ounce. 2009 they released a range from $850 to $1,400 as the possible price per ounce the following year. economical woes. These are some of the caveats they see possibly coming: On one hand they felt that developing nations might prefer to invest in Gold as opposed to currency which could fundamental supply and demand structure may push Gold aside. A spike in inflation could happen at the same The Bank of Nova Scotia has one of the widest ranges of potential Gold prices for the year 2010. On October 22, Their interpretation of the Gold price spike is an early warning signal for future stock market and other However, subdued inflation rates and recovering...
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...Malaysia is one of the world’s significant oil and gas producers. Malaysia holds the world’s 28th largest crude oil reserves with proven oil reserves of 4 billion barrels. Malaysia is also the world’s 13th largest natural gas reserves with a 33 capacity of 2400 billion cubic meters. Regarding to this, the development of oil and gas industry in Malaysia bring some impact to us. Mining in the past few decades in the oil，it brings some effects on economic, social and environment to some developing countries led to a huge problem. As one of the nation's main commodities, oil and gas has a very strong impact on the Malaysian economy. Our Oil and Gas team with its industry professionals and worldwide capabilities is ideally placed to help companies...
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...buy Treasuries following the end of Operation Twist in December 2012.” BNP Paribas BNP Paribas expects Gold to average $1,865 an ounce for the year. “Market sentiment towards Gold has been much more uncertain in 2012 than was the case in previous years. Yet, we expect Gold to achieve a new record high in 2013 due to further monetary easing, less tail risk related to a breakup of the euro zone and ongoing support from physical demand,” said BNP Paribas analyst Anne-Laure Tremblay in December. UBS Also in December, UBS maintained its 2013 price forecast for the yellow metal, stating that Gold would average $1,900 for the year. According to analysts at UBS, “The chief driver of the Gold price is partly the short term uncertainty around US fiscal policy, but also the view...
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...By: Asana Kusnadi Mid Semester Examination Table of Content 1. Background 2. Vision Statement 3. SWOT Analysis of SpaceX 4. Porter’s Five Forces Model 5. SpaceX TOWS Matrix 6. SpaceX Business Model 7. SpaceX Business Level Strategy 8. Conclusions I. Background SpaceX or Space Exploration Technologies Corporation is a space transport services company headquartered in Hawthorne, California. It was founded in 2002 by former PayPal entrepreneur and Tesla Motors CEO Elon Musk. SpaceX was founded with the goal of reducing space transportation costs and enabling the colonization of Mars. It has developed the Falcon 1 and Falcon 9 launch vehicles, both of which were designed from conception to eventually become reusable. SpaceX also developed the Dragon spacecraft, which are flown into orbit by the Falcon 9 launch vehicle, initially transporting cargo and later planned to carry humans to the International Space Station and other destinations.[1] By 2012, SpaceX had over 40 launches on its manifest representing about $4 billion in contract revenue—with many of those contracts already making progress payments to SpaceX—with both commercial and government (NASA/DOD) customers. As of December 2013, SpaceX has a total of 50 future launches under contract, two-thirds of them are for commercial customers. SpaceX's low launch prices, especially for communication satellites flying to geostationary orbit, have resulted in market pressure on...
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...Introduction This stock analysis paper is for Marathon Oil (MRO) which has been chosen because the oil and gas sector is in the throes of an energy revolution in the United States. With the endless opportunities offered by fracking and the possibility that the United States has become a net energy exporter again after many decades, the prospects for the oil and gas sector are indeed bright. Further, MRO is a midcap company meaning that it is neither too big nor too small which means that it is on the cusp of a transformation where it can ramp up its operations in a scalable and sustainable manner without affecting either its financials or its core operating principles. The following are the calculations of two different models, the CAPM and the DDM or the Dividend Discount Model. CAPM= Rf + beta*(Rm-Rf), where Rf is the risk free rate, Rm is the expected market return and beta is the beta for the asset. CAPM=8%+1.7*(1.7*8%-8%) =17.52%, where risk free rate=8%, beta=1.7, MCR=1.7*8%=13.6% Under the DDM, Fair Value (P) = D/r-g, where D represents dividend paid, r represents discounting rate and g represents the expected dividend growth. The discounting rate is 13.6%, and the Fair Value=0.76/ (1.136-1.089) =16.17 Market Price = Expected Dividend Per Share + (Expected End of Year Price – Current Share Price)/ Current Share Price. Given the fact that Expected Dividend Per Share is 2.87, Expected End of Year Price is 45.3, and Current Share Price is 39.94, we get the Market Price...
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...buy Treasuries following the end of Operation Twist in December 2012.” BNP Paribas BNP Paribas expects Gold to average $1,865 an ounce for the year. “Market sentiment towards Gold has been much more uncertain in 2012 than was the case in previous years. Yet, we expect Gold to achieve a new record high in 2013 due to further monetary easing, less tail risk related to a breakup of the euro zone and ongoing support from physical demand,” said BNP Paribas analyst Anne-Laure Tremblay in December. UBS Also in December, UBS maintained its 2013 price forecast for the yellow metal, stating that Gold would average $1,900 for the year. According to analysts at UBS, “The chief driver of the Gold price is partly the short term uncertainty around US fiscal policy, but also the view that...
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...kevin Session: Petroleum Formation and Distribution By the end of this session you should be able to: • Undertake a critical review of recent news from the petroleum industry; • Provide a review detailing the formation, discovery and extraction of crude oil. • Offer a balanced commentary on the cost of oil/gas discoveries and subsequent extraction Energy companies are racing to export natural gas from the U.S. as they search for more-profitable markets amid a continent-wide gas glut that has depressed prices to the lowest levels in a decade. A consortium including Exxon Mobil Corp., ConocoPhillips Co. and BP PLC said it is moving forward with plans to export natural gas from Alaska's North Slope in a project that could cost as much as $65 billion. The Shale Gas Boom: How Scared is the Kremlin? Gazprom should be scared. The US has overtaken Russia as the largest producer of natural gas courtesy of the fracking revolution, the EU suddenly feels bold enough to rebel, and Moscow could very soon lose its grip on its European gas markets. In mathematical terms, the EU has rather belatedly decided that things aren’t adding up. While Russia is selling its gas for about $10 a unit, the US is selling the same for about $3. And as we now know: The US has become self-sufficient in natural gas and this has led other countries to shift exports of LNG destined for the US market to the European market. Be aware of the bigger picture, it is very important...
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