Energy Alternatives: Oil Essay

September 11th, 2001 will always be a day that will be remembered. It was a day in history where time it seemed stood still, and one that became a moment of pronounced transformation. Today the United States and other parts of the world are still plagued by the viscosity of this tragedy; both through the wars that were established towards Iraq and Afghanistan over a decade ago, and by the continuous conflict in terms of who and why created the events that occurred on that fateful day. This analysis will argue that the United States’ government used a propagandistic approach towards terrorism in order to support the demand for foreign oil as our dependence for petroleum increases with our population and ecological footprint.

America should pursue alternative energy sources because “With only 5 percent of the worlds population, the United States consumes almost one-quarter (22.5%) of global energy”. (((Josef Bram, 15))) With such a small percentage of the world’s population and still one of the largest consumers of energy the U.S should be looking for new and better ways to generate energy. Currently The U.S’s energy is supplied using traditional sources. According to Canadian scientist and policy analyst Vaclav Smil “Todays energy 29% from coal, 33% from oil and gas, and 33% from soft-energy (alternative sources)” (((Smil, 47))) Most of the energy we use on a daily basis is not produced using clean methods. Some alternative energy sources that are already in place within the United Stats are wind, solar, and hydraulic.

Enron boosted profits and hid debts, manipulated CA and TX energy, using off the books partnerships, and pay foreign government to win contract

Oil production is crucial for humans. Overall, 33 out of 48 countries have now hit a peak in oil production, resulting that oil is going to hit a decline in production. This peak is in countries such as Mexico and Russia, potentially signifying the end of the Industrial revolution. However, oil itself is not running out, just the rich, thick oils, that are high quality. In the near future, the only oil that Earth will have will be thin, and not good enough to use in motor vehicles or for electricity. Additionally, cheap and easy to extract oil will be at a decline, and also oil will be in unaccessible places, or within dangerous areas. Oil production needs to stay at pace with the human demand.

One of the most horrific event that has taken place in the United States Of America in the 2000’s was the 9/11 attacks on the World Trades Centre and the Pentagon. Over 500,000 people were affected by these events, yet there are still many unanswered questions about what had really taken place that day and Why? In this essay you will read direct quotes from people who have experienced the catalyst into multiple conspiracy theories and my opinion on what had happened September 11 2001.

The story of Enron is truly remarkable. As a company it merely controlled the electricity, natural gas and communications sectors of the world. It reported (key word, reported) revenues over one hundred billion US dollars and was presented America’s Most Innovative Company by Fortune magazine for six sequential years. But, with power comes greed and Enron from its inception employed people who set their eyes upon money, prestige, power or a combination of the three. The gluttony took over sectors which the company could not operate proficiently nor successfully.

Indeed, the U.S. Department of Energy (DOE) predicts that domestic petroleum consumption will increase to 60 Btu by the year 2025. This statistic, in and of itself, is a matter of concern with respect to the greenhouse gas emissions that result from petroleum combustion. However,

History has been defined time and time again by powerful people or groups shaping the social narrative of influential events. Made most famous by Winston Churchill, the notion of history being written by victors pays no more relevant context than the events surrounding the morning of September 11th, 2001. There is no doubting the historical significance of this morning, “The horrifying atrocities of September 11 are something quite new in world affairs… this is the first time since the War of 1812 that the national territory has been under attack, or even threatened,” (Chomsky, 11). As with any major event in human history there have been a handful of explanations, most notably from the American government itself, and yet since the moment the first plane collided into the World Trade Center as many questions as answers have arisen from the rubble. This paper will explore a variety of conspiracy theories that have surfaced due to contradictory scientific evidence and government influence regarding the World Trade Center buildings and Flight 93.

In the early 1990s, a young company named Enron was quickly moving up Fortune magazine’s chart of “America’s Most Innovative Company.” As the corporate world began to herald Enron as the next global leader in business, a dark secret loomed on the horizon of this great energy company. Aggressive entrepreneurs eager to push the company’s stock price higher and a series of fraudulent accounting procedures involving special purpose entities were about to be exposed. In early 2002, the United States Justice Department announced its intent to pursue a criminal investigation into the once mighty company, Enron.

Dabhol Power Project is a massive combined-cycle power plant on the western coast of India 's Maharashtra state in which Enron had majority shares. The Dabhol power plant was initiated in 1992 and took nine years to commence operation. The project was planned to construct 2,184 megawatts, which Enron believed it was the largest gas-fired power plant in the world. Politics, institutions and finance led to a dispute between the Maharashtra state government and the plant owners, and the project was closed in June, 2001. In this case we will evaluate the role that these factors played in the Dabhol Power Project.

Research has shown that companies with poor financial performance and financial uncertainty are more likely to commit illegal acts (Lawrence & Weber 77). After several unsuccessful attempts to make a profit through spending billions of dollars building a power plant in India and entering the bandwidth market, Enron aggregated a debt of 30 billion (Enron: The Smartest Guys in the Room). Under high pressure to generate profit and keep the stock price up, Enron controlled the power they supplied to California residents. Enron reduced the power supply by exporting supply to other states. Consequently, electricity prices were driven up, forcing Californians to pay more. Moreover, traders at Enron realized that by simply shutting down some of Enron's

In 1985, Houston Natural Gas and InterNorth, a natural gas pipeline company, merged, and Lay became CEO of both houses. In 1986, after many changes and more growth, the firm changes its name to Enron and relocated to Lay’s hometown of Houston, Texas. At this time Enron was both a natural gas and oil company. The company specialized in the moving of natural gas through its pipelines, extending thousands of miles across the continental United States. As the firm continued to flourish, it reformed its commercial approach by becoming a leading producer and distributer of energy in both the United States and the U.K., as well as becoming more involved in the trading market. Ambition and determination truly carried Enron to new heights, helping it to become one of the most powerful and innovative companies in the United States, even being “voted Most Innovative among FORTUNE'S Most Admired Companies” for “six years running” (Helyar). However, with much success, temptation arose, and good intentions were led astray. Damaging arrogance, risky behavior, and deception ultimately warranted the demise of the mighty Enron.

Enron Corporation was an energy company founded in Omaha, Nebraska. The corporation chose Houston, Texas to home its headquarters and staffed about 20,000 people. It was one of the largest natural gas and electricity providers in the United States, and even the world. In the 1990’s, Enron was widely considered a highly innovative, financially booming company, with shares trading at about $90 at their highest points. Little did the public know, the success of the company was a gigantic lie, and possibly the largest example of white-collar crime in the history of business.

The world is depended on oil and soon oil will become more valuable than gold and could lead to a worldwide war. Price for oil could soar to above two hundred fifty dollars per barrel. Oil and other fuel cell also cause green house gases which contribute to global warming. China is consuming two times more petroleum than 1996 and India is projected to consume three times the oil it currently does by 2050. Global house gas emission has increased by twenty percent from 2003 to 2006. Energy consumption has increased exponentially throughout the globe. The U.S. department of energy projects energy consumption will increase seventy percent from 2003 to 2030. The world has agreed to reduce emission by twenty five percent before 2020 and by over

Ethics in the business world can often times become a second priority behind the gaining of profits and success as a company. This is the controversial issue that led to the Enron scandal and ultimately the fall of this company. Enron Corporation was an energy company, and in the peaks of their success, they were the top supplier of natural gas and electricity throughout America. Enron Corporation came about from a merger between Houston Natural Gas and InterNorth. Houston Natural Gas was a gas providing company formed in Houston during the 1920’s. InterNorth was a company formed in Nebraska during the 1930’s and owned one of America’s largest pipeline networks. In 1985, Sam Segnar, the CEO of InterNorth bought out Houston Natural Gas for $2.4 billion. A year later in 1986, Segnar retired and was replaced by Kenneth Lay, who renamed the company and created Enron. Enron was the owner of the second largest pipeline in America that measured over 36,000 miles. The company was also the creator of the “Gas Bank”, which was a new way to trade and market natural gas and served as an intermediary between buyers and sellers. As the company continued to develop, it became more of a trader rather than a producer of gas. This trading extended into coal, steel, water and many other areas. One of Enron’s largest successes was their creation of a website called, “Enron Online” in 1999, which quickly became one of the top trading cites in the world. By the year 2000 Enron as a company was