Energy Crisis Interrelated to Global Warming. Photovoltaic Cell – A Possible Solution

In terms of oil dependence, most of the general public believes that the world has enough oil to support us for the next hundred years; in truth we are rapidly depleting our petroleum sources due to the increasing population and demand. In fact, as was initially theorized by the Hubbert Peak Theory in 1950, Earth peaked in oil supplies in 1973 and the largest oil resources that have been discovered since then have been in Venezuela and Saudi Arabia. Here it must be

Several oil-countries have been facing economic and political turbulence as a result of the crash in oil prices, and there is disagreement among OPEC as how to handle the situation. (Krauss) While this is happening, America’s oil production continues to rise, as it inches closer to becoming an energy superpower in production and consumption; and countries that depend on their oil exports face recession.

The oil/energy industry is one of the largest industries in the United States. According to the Department of Energy (DOE), fossil fuels (including co4tral,

It is estimated that 1.3 trillion barrels of oil reserve is left in the world’s major fields (Institution of Mechanical Engineers 2015). At present rates of consumption this will be enough oil to last approximately 40 years. By 2040, it is intended for production levels may be down to 15 million barrels per day which is approximately 20% of the amount of oil which is currently being consumed (Institution of Mechanical Engineers 2015). It is likely by the year 2040 that the world’s population will be twice as large (United States Census Bureau 2015). Additionally, it is likely that more of the world will be industrialized and therefore more dependent upon oil.

Oil damages the environment in other ways, such as the emissions oil produces into the atmosphere. Bryan Walsh says in his article, Over a Barrel, in TIME Magazine, that with the price of oil dropping, the urgency to find an alternative energy source is not where it should be. Walsh states that while we are not working to find another source to replace oil, the dependence on oil will only increase. It is estimated that oil production will increase by 20 percent by the year 2020. With the increase in production, CO2 levels will only increase in the atmosphere which will deteriorate the ozone layer of the atmosphere (Walsh).

The topic of this paper is America’s foreign oil dependency. The purpose of this paper is to suggest how might America completely destroy or at least greatly mitigate its dependency on crude oil to fuel Americans’ cars, especially foreign crude oil. Library literature, newspaper articles, encyclopedias, and the Internet were all sources used to compile this paper. The conclusion reached in this research topic is that America’s great foreign oil dependency is a crisis and other energy sources to fuel our cars need to be adopted and implemented before the people

Since the oil embargo of 1977, there has been an increased awareness of our nation's energy security. As global population and energy consumption rise, the need for a stable energy supply has become a hot topic and a politically volatile issue. As our negative trade balance grows larger by the day, the United States finds itself in a rather precarious position. We are becoming more and more dependent on Middle East oil.

ing that a few decades onwards, there is the possibility of oil becoming a secondary energy source,

In “Our Energy Challenge” by Bill Mckibben explains energy is crucial part of our economy, and development and energy-using have connected each other very tight since 18th century when people discovered coal to generate power. The author goes on to say energy using of individuals has doubled because of the industrial evolution, also problems caused by coal-fired power plants became more evident. He mentions the greatest example of it now is Beijing, China. He further states that peak oil and global warning are the biggest threat to our economy because our energy sources, including oils and coal, are limited and it has been declining very fast, so there would have enormous recession to bring the oil price down. In his last argument, he sites

The featured article “The End of Oil,” the author, Alex Kuhlman argues that oil production is decreasing due to the costs of production are rising because cheap and easily accessible oil is hard to find despite increased consumption.(Kuhlman, 2007). Kuhlman (2007) provides evidence both from oil demand and supply aspects to illustrate the imbalance which causes the end of oil.

As Fossil Fuels Dominate the Global energy situation, oil provides 34.8% of the world’s Energy being the number one source of energy in 4 out of 6 regions, especially in the Middle East with 50% and is also the number one extractor and exporter of oil. Oil Dependency is when a country is in need of oil to be able to function properly and without oil, it may crumble. Oil is the biggest single source of the world's energy. In the short-term vital public services like ambulances, fire-engines and public transport are all put in jeopardy when fuel supplies run low. The U.S. is the largest consumer of oil in the world, burning through 18.83 million barrels

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

Oil reserves are not a renewable resource, dependent as they are on the planet-forming forces that constitute a cycle that take eons to complete. Predictions about how long global oil supplies will last are made every few years. In 1999, the American Petroleum Institute estimated that global supplies of oil would be depleted sometime between 2062 and 2094 (Owen, et al, 2010). This estimate was based on an oil consumption rate of 80 million barrels per day, and reserve levels at 1.4 trillion and 2 trillion barrels, respectively (Owen, et al, 2010). In 2004, estimates were changed to reflect the increased consumption of oil, which was shifted up to about 85

Oil is an essential element to our modern community. People need oil to fill up their tanks for their car, light up their light bulbs at home, and much more. Most of the world’s oil have got imported from the Middle East, in Arab countries. The oil crisis has led America on the road of not depending on other countries imported goods, and try to create their own with their own resources, this is one reason why America is the top economy country in this world. In American history, Americans recognize three oil crisis, or energy crisis, which happened in the years of 1973,1979, and 1990.

proposed solutions, such as wind and solar power. But the technology for these resources is not