This was a very dangerous development since the Saudi kingdom, which contained another 20% of the world's oil reserves, was militarily weak and liable to be easily over-run by the battle-hardened Iraqis. Saddam's control of such a vast proportion of Continue Reading...
Global warming is caused by the greenhouse gasses in the atmosphere, which trap heat inside the planet and keep it from escaping into outer space. Imagine the globe is like a parked car sitting in the sun with all the windows rolled up. The outside o Continue Reading...
Stop Global Warming What can be done to combat global warming? Global warming is a very serious threat that should be taken seriously by people everywhere. It is happening all around the world: ice caps are melting, environments are changing, and Continue Reading...
The fact that the U.S. has never adopted a workable public transportation system on a large scale demands that I drive a car. Obviously, this is true for most Americans: we cannot earn a living with out a car. But meanwhile, I am perfectly aware tha Continue Reading...
Fracking While "fracking" (hydraulic fracturing) certainly poses some major economic and industrial benefits for America (described by Seamus as the Saudi Arabia of natural gas), the practice still poses a number of questions as well as potential t Continue Reading...
" Those investors even with peaked interest were and still are clearly reluctant to explore and excavate for resources if they will ultimately be told that such minerals do not belong to them, as a result of the region from which they came, or build Continue Reading...
Animals have been overused both in terms of their skins and pelts and in terms of consumption by the standards of greed. It is common knowledge that chickens are kept in cramped quarters and live short lives of being shot full of steroids toward th Continue Reading...
Money in the Bank You deposit money in the bank. It earns interest. At the end of the year, you look at your statement, and you feel confident that you made a worthwhile investment. It's the same thing wit political investments. An interest group s Continue Reading...
Drilling in the Alaskan Wilderness, the primary ethical issue is environmental, putting petroleum production development against preservation in Section 1002 of the Arctic National Wildlife Refuge (ANWR) in Alaska. Secondary ethical issues relate to Continue Reading...
Business Clock Speeds and RFID Chips When examining why different industries may have different clock speeds, it is first necessary to consider what is mean by the term. Fine (1998) stated that "Clockspeeds are to business genetics what lifecycles Continue Reading...
BP Oil Spill Strategy and Corporate Governance The bp oil spill of 2010 British Petroleum (BP) is one of the largest oil exploring companies in the world. It is recognized for its efficient practices. In recent years it has positioned itself as an Continue Reading...
Hydraulic fracking of gas and oil wells in the northeast region of the United States is controversial, and it has the potential to create devastating and long lasting environmental damage and human health problems. How this part of the country been Continue Reading...
This is important, because physics has allowed the combustible engine to provide the world with a cost effective solution for traveling long distance. Sadly, the electric car can only be used for short to medium distances. Then, there is another pot Continue Reading...
The bill will also raise the liability cap for companies from $75 million to $10 billion. Lawmakers may also consider raising taxes on the oil and gas industry. For example, the Oil Spill Liability Trust Fund tax will be raised from 8 cents per barr Continue Reading...
Nikiforuk debunks these assertions, by showing the extreme detrimental affects such mining will undoubtedly have on the Canadian landscape. When the land stops producing the rich bitumen, what will oil drillers ask for next? Without reducing our de Continue Reading...
Hydraulic Fracturing ("Fracking") The Legal and Environment Aspects Page 3 Introduction / What is Fracking? / Executive order Page 4 Department of Energy Advisors Page 7 Law Student Article -- Let States Regulate Page 8 European Union on Frackin Continue Reading...
Marathon Oil's product process appears to be a well functioning and smooth operating system. Their revenues and incomes, noted in the billions of dollars, represents the hard work of the management and its contributions to the company and is ultimate Continue Reading...
Legislation on liability and compensation is needed. The United States should ratify the International Maritime Organization (IMO) 1984 Protocols. Federal planning for oil spills must be improved. Studies of the long-term environmental and healt Continue Reading...
Homeowners and small farmers in windy, flat areas are already using the wind as a source of power. However, the use of wind energy is problematic: the wind provides an intermittent source of energy, and once captured, it must be rationed carefully. Continue Reading...
Wicked Problem: Royal Dutch Shell and Its Response to the Nigerian Oil Spill Major oil companies such as Royal Dutch Shell are responsible for hundreds of oil spills every year that cumulatively involve millions of barrels of oil. The harmful effec Continue Reading...
In a context in which alternative sources of energy are better developed and an infrastructure is accessible to the populations across the globe in an efficient manner, fossil using companies would be better punished for their mistakes. Today howev Continue Reading...
firms have been focused on social responsibility. This is when a company will engage in different practices that take into account the viewpoints of various stakeholders (such as: communities, the environment and the impact on the firm). In the cas Continue Reading...
Hurricane Katrina and Economic Implications Hurricane Katrina and the Economic Implications The events of the incident and the economic backlash The 2005 Hurricane Katrina that ended up encompassing the cities of Texas, Mississippi and Louisiana c Continue Reading...
Corporate Social Action of McDonald's and the Problem of Obesity Corporate Social Responsibility This paper proposes a corporate social action to McDonald's to address the issue of obesity among general consumers which is caused by high-calorie and Continue Reading...
Supply and Demand Issues How do changes in supply and demand effect oil prices? In general, prices of crude oil behave in a similar way to most other commodities that have global demand. There are wide price swings during shortages (artificial or re Continue Reading...
BP's Macondo Blow-Out: Gulf Mexico The objective of this study is to describe the background setting, water depth. Type of rig, depth of reservoir and unusual characteristics of the BP Operation in the Gulf of Mexico. On April 22, it is reported th Continue Reading...
Decision Making at Chesapeake Energy Corporation Chesapeake Energy Corporation is founded by Aubrey K. McClendon and Tom L. Ward with an initial $50,000 investment. Chesapeake completed its IPO at a split-adjusted price of $1.33 per share that valu Continue Reading...
Other than humans and the impact on their social and economic life, the oil companies also have a profound negative influence on the environment. The oil drilling and exploration process affect the environment at every stage. The first step is the Continue Reading...
Production and Operations Management Explain one possible option that Marathon could take to reduce the time involved in the production process. Of the many potential strategies for reducing the time-to-market between initial arrival of the various Continue Reading...
Marathon This question would be better answered either a) if the case had been supplied or b) if I was a petroleum production engineer. In order to determine the impact of changes in the price of crude on the price of gasoline at retail, the differ Continue Reading...
Energy prices went up again in 2008. Drillers created 29,000 jobs for the people. And State and local governments offered $240 million worth of taxes (Sapien 2009). And modern technology was there to realize the dream. When asked about the initiati Continue Reading...
Productions and Operations Management America produces merely thirty seven percent of its oil demands, requiring sixty percent of its oil to be imported from additional countries, including Nigeria, Kuwait, Russia, Norway, and Canada (Marathon, 2010 Continue Reading...
Value Chain of Marathon Oil When considering the ever-changing and highly competitive global landscape of business today, firms must stay at the cutting edge of their respective fields in order to sustain profitability in the long-term. Accordingly Continue Reading...
corporate and public shortcomings that arguably resulted in the BP oil spill in the Gulf of Mexico. The oil spill marked the U.S.'s worst environmental disaster. Whilst identifying the corporate and state cover-ups the triggered the disaster, this s Continue Reading...
This refers to the National Petroleum Reserve of Alaska (NPR-a), which is situated between the foothills of the Brooks Range and the Arctic coastline, and is about 120 miles from the Arctic National Wildlife Refuge (ANWR) (Rosen, 2003). The Bureau o Continue Reading...
Production and Operations Management Marketing is an important function and acts a key contributor in success of any product. A good marketing strategy can make a not so good product become a blockbuster while a bad marketing strategy can put an exc Continue Reading...
The growing opposition to the shale gas industry has conflicted with the need for domestic independence on energy and a reasonable debate is understandably created. Like a Pandora's box, a great and helpful technology has been afforded to the peopl Continue Reading...
Case Study Analysis: Deepwater HorizonIntroductionThe Deepwater Horizon oil spill was the worst in US history, and yet it could have been prevented if agents involved had taken the proper care and precaution at some cost to themselves. This paper hig Continue Reading...
Fred Olsen The accomplishments of Fred Olsen The shipping business constitutes one of the most lucrative undertakings in the different regions of the globe. It has been associated with some of the most influential names in the history of this world Continue Reading...
