Peak water

In the United States, feasibility of extracting shale oil has always been a challenge for the producers. In case, if the price of a barrel of fossil oil is less than the cost price of a barrel of shale oil extraction, that means the production process of shale oil and sell it uneconomical. Production costs vary depending on the oil wells location, ranging from $ 23 to $ 60 and the average is estimated at $ 36. The difference is due to the quality of the rock, the depth of the well, and the cost…

The passage and the lecture both offer the opposing ideas on the emergens of fracking as a new method for natural gas extraction. While the passage use some reasons to approve the efficiency of it, the lecturer mentions to different aspects of it to reject it. For one, the passage states that fracking will affect on the increase in production that results in decline of natural gas price and similarly increases the jobs appertunities. Altough at first glance it looks sensible, the lecturer…

THE END OF OIL The featured article “The End of Oil,” the author, Alex Kuhlman shows his opinion on the relationship between oil supply and demand. He claims that the speed of oil consumption has been becoming more and faster than we discover new oil since 1981 and the gap between them has been continuing to widen (Kuhlman, 2007). Kunlman (2007) gave evidence both from oil demand and supply aspects to illustrated the imbalance which would cause a big trouble. The consumption of oil in the…

artistic representation of 2017. While Twin Peaks: The Return is a prescribed continuation of the TV series that ended over 25 years ago, The Return does not conform to any previous modes of television, including its prior two seasons. With that being said, ever since Cahiers du Cinéma named Lynch’s latest masterpiece the best film of 2017, it made me really reconsider whether The Return was more of a show or film. On that basis, it is in my belief that Twin Peaks: The Return is neither…

OPEC and Non-OPEC The first variable is that Opec system has an organized team to sell oil to those who needed. Joining to the Opec country is more beneficial to the non-Opec country. The OPEC countries show a huge number of producers since the beginning of 1930, since the United States is the original one who starts to produce oil. Saudi Arabia became the primary producer of oil since they discovered. Saudi Arabia now is number one producer oil since back in 1960 until today, United States…

The Hope for Nuclear Energy as a Source of Power Introduction It is a true fact that the world’s population is ever increasing and as a result, there is a consequent increase in the demand for energy to serve the needs of this fast growing populace, especially in the developed countries. Crude oil, natural gas, coal and other fossil fuels have been in use as an energy source for a long period but the fact that they are relatively expensive and emit greenhouse gases into the atmosphere when burnt…

The United Nations Conference on Sustainable Development taken place in Rio de Janeiro in June 2012 led to a proposal of 17 goals and its 169 targets. The proposal covered a range of global issues that need to be dealt with by 2030. The 7th goal emphasizing on closing the energy gap and ensure that sustainable, safe and modern energy services are accessible globally. It also aims to double the energy efficiency without having to compromise the increase in the share of renewable energy in the…

freshwater reserves within nations that have scarce access remains highly controversial. While BP states only 18% of freshwater withdrawals are in communities where water scarcity is present, no tangible evidence regarding the improvement of these statistics is mentioned except for the company’s support of water risk research and water treatment investments (BP, 2015e). In addition, BP’s commitment to improve operational efficiency by decreasing greenhouse gas emissions played only a minute…

First, fission reaction produces heat easily because of the enormous amount of released energy result of nuclear process. As soon as the nuclear reaction happens, the water in the reactor begins to boil and generate vapor which moves the turbines to produce cheap electricity. In addition, most reactors developed in this century are molten-salt reactors which are significantly efficient since they have a reduced size that…

A rentier state can be defined as a state that “derive[s] most or a substantial part of [its] revenues from the outside world and the functioning of [its] political system depend[s] to a large degree on accruing external revenues that can be classified as rents” (Schwarz 604). Rentier states are heavily concentrated in Latin America, the Middle East, and Sub-Saharan Africa. The similarities of the rentier economies in these three regions vastly outweigh the differences as they are all plagued…