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Fossil fuels and alternate sources of energy
Importance of oil in today's life
Fossil fuels and alternate sources of energy
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The world, in which we are living, is being built and developed using much oil ever since the year of 1950. Many of a time, the food we eat, the cars we drive, the electricity we use need oil in order to be delivered, to operate and to be produced. Oil can have negative effects on economy as well, because oil can lead to unpredictable situations such as the decreases of oil prices recently or the peak oil crisis in July 2008. Therefore, I strongly agree that we should not heavily rely on oil as the primary energy resource. On the one hand, oil is the cause that leads to many economic and political problems. Firstly, The United States is the country that consumes the largest amount of oil in the world, approximately 6.97 billion barrels of …show more content…
However, this might be a daunting task for every of us. “Governments throughout the world spend astronomical sums to subsidize coal, oil and gas, and heavy sponsorship of the worldwide petroleum industry is slowing the shift to renewable energy” (Viseth & Digges, 2015). These subsidies is to keep the oil prices at a reasonable level, so that consumers can buy them. These subsidies, on the one hand, is very necessary for everybody, especially the poor people who want to buy oil and gas for daily living. However, these subsidies are not a good idea for the development of new renewable resources, because these help to keep the prices of oil and gas low, making it harder for people feel convinced to buy the newly-developed resources. Despite of that, there are still scientists who are developing and testing alternatives to oil such as wind energy, solar energy which are clean, renewable and …show more content…
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...e has become misleading, for it is used oil to justify subsidies for pork-barrel projects or mere sops to the industry, such as drilling for oil in the Alaskan wilderness. Given that America consumes a quarter of the world's oil but has barely three percent of its proven reserves, it will never be energy-independent until the day it stops using oil altogether.
Almost every single nation in our world today, the United States included, is extremely reliant on oil and how much of it we can obtain. Wars have been started between countries vying for control of this valuable natural resource. The United States as a whole has been trying to reduce its reliance on foreign oil and has had some success, especially with the discovery of the Bakken formation and projects like the Keystone Pipeline.
Arguments: America is dependent on other nations for their ability to create energy. The United States is the world’s largest consumer of oil, at 18.49 million barrels of oil per day. And it will continue to be that way for the foreseeable future, considering the next largest customer of oil only consumes about 60% of what the U.S. does. This makes the U.S. vulnerable to any instability that may arise in the energy industry. In 2011, the world’s top three oil companies were Saudi Aramco (12%), National Iranian Oil Company (5%), and China National Petroleum Corp (4%).
People need oil for daily life and work. Since World War II, oil has caused many serious problems in the United States and throughout the world. Remarkably, economic and social problems were heightened by the emerging energy crisis. By 1974, the United States gained a third of its oil by importing from the Middle East. James Oakes, et al.
The United States has had several scares throughout its history in terms of oil, most turn out to be over exaggerations of a small event. However, these scares highlight a massive issue with the U.S. and that issue is the U.S.’s dependence on foreign oil. Why does it matter that our oil should come from over seas? In a healthy economy this probably wouldn’t be as relevant, but the U.S.’s economy is not exactly healthy at the moment. There are 4 things that I would like to address: what the problem is, how it affects us, what some solutions are, and what solutions I feel are best.
foreign oil is damaging the energy industry in America as well as decreasing the amount
Americans usually associate the value of optimism with positivity and the value of pessimism with negativity because remaining optimistic seems to be a societal goal. However, optimism and pessimism go hand in hand and they are both needed daily. Susan Bordo wrote an article titled "Beauty (Re)discovers the Male Body" touching on the various perceptions of viewing beauty and art. In this article she utilizes both pessimistic and optimistic views to describe the current beauty industry. Several ideas that can be stemmed from Bordo's writing include how pessimism is usually frowned upon, but it can be helpful; how an overly positive outlook can be toxic; and how to balance pessimism and optimism.
Wright, R. T., & Boorse, D. F. (2011). In addition to the rise in prices, another negative aspect of the U.S. dependency on foreign crude oil is the risk of supply disruptions caused by political instability in the Middle East. According to Rebecca Lefton and Daniel J. Weiss in the article “Oil Dependence Is a Dangerous Habit” in 2010, the U.S. imported 4 million barrels of oil a day, or 1.5 billion barrels per year, from “dangerous or unstable” countries. The prices at which these barrels are being purchased are still very high, and often lead to conflict between the U.S. and Middle Eastern countries. Lefton and Weiss also add that the U.S. reliance on oil from countries that are dangerous or unstable could have serious implications for our national security, economy and environment....
" Oil is the life blood of our modern industrial society. It fuels the machines and lubricates the wheels of the world’s production. But when that vital resource is out of control, it can destroy marine life and devastate the environment and economy of an entire region…. The plain facts are that the technology of oil-- its extraction, its transport, its refinery and use-- has outpaced laws to control that technology and prevent oil from polluting the environment…" (Max, 1969). Oil in its many forms has become one of the necessities of modern industrial life. Under control, and serving its intended purpose, oil is efficient, versatile, and productive. On the other hand, when oil becomes out of control, it can be one of the most devastating substances in the environment. When spilled in water, it spreads for miles around leaving a black memory behind (Stanley, 1969).
Oil is an essential resource in the whole world. People use oil in a variety of ways. The world has used oil for many years and it will still use it as a basic commodity. Oil use can be traced back to 1850s. However, when Edwin Drake produced commercially usable quantities of crude oil from a 69-foot well in Pennsylvania in 1859, he marked a new period that considered oil as a valuable commodity. Oil prices have been inconsistent since 1859. The discoveries of more wells considerably lowered oil prices and made some oil barons abandon the industry. However, oil prices have increased over time because of several factors.
"Reduce Oil Dependence Costs." Fuel Economy. U.S. Environmental Protection Agency, 18 Oct. 2011. Web. 18 Oct. 2011. .
Mast, Tom R. Over a Barrel: A Simple Guide to the Oil Shortage. Austin: Hayden, 2005. Print.
The world that we live into today affords us the expectation that the flip a switch will turn the lights on. As populations increase and developing nations undergo dramatic economic growth, this energy demand will only continue to grow. The International Energy Agency (IEA) believes that “the world’s energy needs could be 50% higher in 2030 than they are today” (ElBaradei). Given this projected growth, it is necessary for world leaders must take action to secure the energy supply. Meaning that world leaders need to start seriously considering an alternative to non-renewable energy sources. “In 2012, the United States generated about 4,054 billion kilowatt-hours of electricity. About 68% of the electricity generated was from fossil fuel (coal, natural gas, and petroleum), with 37% attributed from coal” (U.S. Energy Information Administration). The fossil fuels that are used to supply over half of our country’s energy are in finite supply and are increasing in price to astronomical heights.
Oil is one of the most beneficial and harmful elements for humanity. It serves as fuel at our homes, transportation and also various petroleum products help us in our daily living. On the other hand, is an essential element for war, it is used as fuel for ships and airplanes, and lately is identified as something that can adversely affect the economy of those countries that produce it and those who depend on it. Oil is the most important source of energy recently used and is a raw material in a lot of the chemical industry processes. It is a fossil resource that it is used as a primary source of energy since the end of the XIX century. Based on the huge importance of Oil in our life the increase or decrease of its price is a matter of very
In addition to, a huge issue with non-renewable energy is the fact that we get most of it from foreign countries. According to a recent study done by Energy Information Administration, “58% of our petroleum comes from outside the country”, this means as some speculate, that o...