BIAS Peak

The great consumption of fossil fuels and the exponential increase in human population have also increase the greenhouse gases on the planet. The depletion and of petroleum and to their harm to the environment, biofuel arise as a promising option to replace fossil fuels in the future. Biofuel are derived from biomass conversion with many different examples such as biogas, biodiesel and bioethanol as the most currently used, and biofuels are considered not to leave a carbon print to the…

Another one of the more substantial issues with switching over to renewables is the constant and the inevitable question of how do we store the generated power? Many scientists have grappled with the problem of trying to discover the best way to conserve the energy, which is a difficult task, because the energy is continuously being stored, some even going as far as to suggest making a new type of grid, similar to the ones our houses are currently connected to which could work for holding small…

Are we doing enough? Over two hundred years ago, man witnessed the evolution of energy that sling shot humanity into a new age. Coal rich in carbon replaced wood as the number one fuel source. The energy found in coal supplied the fore fathers with the means to manufacture steel, power steam liners, and run machinery. The world had no idea a hundred years later that its need for more energy would dramatically increase. Oil and natural gas where explored. These highly efficient energies would…

1.0 Introduction Richard J. Muller is an accomplished professor at the University of California at Berkeley with expertise in a variety of areas including: energy efficiency, conservation, solar power, and nuclear power. His book “Energy for Future Presidents” is an open monologue where Muller expresses his thoughts on the current state of energy sources and its potential in a growing world where the demand for energy is continually escalating. The need for this book stems from a lack of…

How will falling oil prices affect the economy globally? Due to a surplus in supply and unchanging rate in demand, the falling oil prices will benefit consumers but it could potentially hurt producers’ worldwide. Historically speaking, oil is seemingly a very important part of human and economic development. In the early days, finding oil during a drill was considered troublesome, as the intended find was normally water or salt. However, in 1857, the first commercial oil well was developed in…

One of the most important issues of the 21st Century is climate change. A crucial factor contributing to climate change is the emissions of greenhouse gases from the burning of fossil fuels. With an ever-depleting fossil fuel supply, we must be able to fulfill the demand of energy with alternative energy sources. Solar energy is not only an alternate energy source but also a renewable one. Every source of energy comes with costs and benefits. By examining how solar energy works, how it can be…

Olive Oil Production as Economic Activity In terms of its sheer impact on society, olive oil was the petroleum of the ancient world. The fruit of the olive tree and its oil provided food, medicine, and lubrication. The production of olive oil was a capital-intensive effort that required long-term planning. In Olive Production and the Roman Economy: The Case for Intensive Growth Empire, Robert Bruce Hitchner argues that the rapid growth of olive production and export suggests that rational…

in any combination that will replace the assembly built by fossil fuels…..nothing at all. Peak oil is probably now very easy to explain; much easier than it was a long time ago. People have felt what $147 a barrel of oil feels like. Essentially, peak oil is like a bell curve, if you know what that is. If not, a bell curve is a line on a graph that goes up and comes down, and keeps at that same pattern. Peak oil is the point of oil production when it’s at the top of the bell curve, and basically…

In this paper I will discuss the Chad-Cameroon Pipeline Project, its goals and eventual failures. The aim of the Project was to build a 1,070 km underground pipeline to transport oil from three oil fields in the Southwest of Chad, through Cameroon, and ending in a floating facility in the Atlantic Ocean (“Chad-Cameroon Pipeline Project”, 2017 para 1). Although the Pipeline succeeded in being built and generating revenue, the Project did not succeed in using that revenue for poverty reduction.…

The social factors in this industry are include culture, demography, religion, income distribution, ideological views, migration, ageing population and population growth rate (Verma, 2011). The social tendency can influence significantly on how the company operates and the demand for the products in this industry. For example, there are increasing awareness on more friendly fuels such as natural gas and reducing in the usage of “dirty” fossil fuels such as coal, oil sands, and shale gas. Besides…