To Drill or Not To Drill Hum/111 1/25/13 Angela Funk To Drill or Not To Drill As the population in the United States increases, so is the need to keep up with the energy demand. Developing new energy sources such as solar, wind, clean coal, natural gas and nuclear power the US can become less dependent on foreign countries. Although off shore drilling is a good resource that has been in existence for years, with the recent oil explosion (2010) and 11 lives and a massive spill of oil in the
Words: 493 - Pages: 2
their “Moheshkhal Oil Installation” at Chittagong in the year 1903. And finally in year 1985, BOC transferred its entire property in Bangladesh in favor of Bangladesh Petroleum Corporation. Then in year 1988 the company was named “Padma Oil Company” Padma’s current business line is of procurement, storage and marketing of PETROLEUM PRODUCTS, LUBRICANTS AND GREASES, BITUMEN, LPG AND manufacturing & marketing of AGRO CHEMICALS. It is listed as a public limited company and is present in both Dhaka
Words: 276 - Pages: 2
JEEPNEY’S HIGH FARE Introduction: Jeepneys are the most popular means of public transportation in the Philippines. They were originally made from US military jeeps left over from World War II and are known for their flamboyant decoration and crowded seating. They have become a ubiquitous symbol of Philippine culture. Furthermore Jeepneys play a vital role in our society as a way of transportation as a part of it the Jeepneys are operated by gasoline, in the Philippines there is no local gasoline
Words: 500 - Pages: 2
1. The changes in the Canadian market for oil pump motors are based around the new pricing of electricity, which now depends on motor size. This has a big impact on oil companies. Not only will they be more likely to purchase lower horse powered motors, but also they will be able to save a vast amount of money by doing this. If a company now decides to buy a 7.5-hp motor as oppose to a 10-hp motor, then they will be saving $38.75 per month and in just 19 months the company will recoup the
Words: 2757 - Pages: 12
It is not a recent discovery that mankind has realized that extracting petroleum from the seas has been extremely efficient and economically successful. In the late 1800s, citizens in California realized that wells drilled near the ocean were the best sources of crude oil and natural gas. In 1887, H.L. Williams decided to drill wells offshore and his first well went about three hundred feet into the Pacific. As expected, the extraction was abundant and extremely productive. During this time, the
Words: 1487 - Pages: 6
Si Peng Professor Sellmer English 123 6 Aug. 2010 Offshore Drilling: A Bad Idea Crude oil is one of the three kinds of fossil fuel (coal, crude oil, and natural gas) that are widely used by humanity. It plays a very important role in our world, as it is one of our primary energy sources. According to the U.S. Energy Information Administration (EIA), the United States is the biggest oil consumption country in the world, which consumes 19.5 million barrels of oil per day (EIA, “Country Energy
Words: 2690 - Pages: 11
Response to a South Africa Investment Leon Grier Personal & Organizational Ethics Dr. Tina Engle March 19, 2012 Response to a South Africa Investment In my judgment one of the benefits to continue with the expansion project of the Caltex plant is it would continue to keep Caltex black employees employed. Caltex has improved the life of its current minority employees even though the country itself hasn’t tried to improve the welfare of the rest of the black community. Another benefit
Words: 1360 - Pages: 6
The BP oil spill and its impact will be felt in the Gulf of Mexico region for years, if not decades. In the months after the Deepwater Horizon drilling rig exploded off the coast of Louisiana in April 2010, it's estimated that almost five million barrels of oil gushed from the seabed and into the Gulf, making it the worst oil spill in history. Now that the flow of oil has stopped, the scope of the catastrophe is coming into focus, and attention is turning to how things will play out in the court
Words: 1677 - Pages: 7
MMT US $ 43.3 Billion Doubled in 2 years 2011-2012 13 MMT 67 MMT ? ? Financing BioFuels and Jatropha Plantation Projects Accra, Ghana-November 13, 2006 Ministry of Finance Govt. of India Planning Commission Ministry of Petroleum & Natural Gas Ministry of Rural Development Ministry of
Words: 1829 - Pages: 8
“THE FORTUNE 500” The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies incur. The list includes publicly and privately held companies for which revenues are publicly available. The first Fortune 500 list was published in 1955. 1) Walmart, is an American multinational retail corporation that runs
Words: 783 - Pages: 4