Environmental And Social Consequences Of Oil Production

Thirdly, the cost of biofuel is high because its production and infrastructural cost is humongous. To create biofuel, large tracts of land need to be cleared for setting up the plant. This is not feasible because of global economic meltdown whose one major disadvantage is the rising food prices. If the land that could be better used for producing the much needed food crops, there is no need to use the same land for generating biofuels (FAO 07). Furthermore, the cost of establishing and running a biofuel plant runs into billions. Where would the money come from? Of course, the people have to pay for them, doubly, first for purchasing biofuel and secondly in the form of taxes. Ironically, the common man cannot afford such expenses given the current economic situation, which if not controlled will create more problems in the future like unemployment, an issue more important than debating biofuels and diesel fuels (Stern 07).

Currently Saudi Arabia is one of the leading producers of oil in the world. However, it is losing its foothold on the market. Many countries, like North America, are increasing their oil production and are looking for ways to become less dependent on foreign oil. The increased competition has caused oil prices to decrease. By producing their own oil, countries not only will increase their revenues, but will also reduce their need to rely on foreign oil. By reducing their need foreign an oil a country does not have to worry that their oil supply will be cut off if they go to war.

Many seafood companies prices fluctuate because a whole number of reasons. Have you ever thought why though? They even have to take some foods completely off their menus. A lot of the time this is because of an oil spill that kills so much of the environment that a lot of the sea animals die or even become endangered. The BP Deepwater Horizon spill in 2010 is a great example of this. It spilled 200 million gallons of crude oil into the Gulf of Mexico in 87 days. The area of the spill alone had over 8,000 species, which already had 39 endangered species and added 14 new species to the endangered list. Not only did we lose animals but “Eleven people died as a result of the accident and 17 others were injured”(BP Staff).

The age demographic segment of oil and gas industry is normally people in their late 40s and early 50s. There is also a group of neophytes but there are very few people with ages between the two groups. Also, most of the people in this industry are highly specialty engineers with experience and skills to make important decision about drilling. There are also other specialty people in the business sides to vision and plan the competitive strategies to compete with other companies.

Most people probably do not think about how much of their lives depend on oil. This profitable commodity is constantly being used around the world, twenty four hours a day and seven days a week. From the scented creams people use on their bodies, to the airline jets soaring above, oils are being used. Oil is one of three major forms of fossil fuels, coal and natural gas being the rest. Fossil fuels began forming millions of years ago in the Carboniferous Period when trees, plants, and small organisms died (DOE, 2015). Eventually the fossils sank to the bottom of many swamps and oceans forming layers of peat (a brown, soil-like, and spongy material). Over thousands of years, peat was covered by clay, sand, and other minerals which turned into a type of rock called sedimentary. Over thousands of years rocks piled on top of the peat creating more pressure. Eventually the pressure managed to squeeze water out of the peat and over millions of years, this mineral rich water turned into the three major fossil fuels that people know and use today (DOE, 2015). Regardless of its proficiency and success, the oil industry has become one of the most unethical businesses in the world. Their blatant disregard for the environment and its inhabitants have continuously put them in the crosshairs of many conservatives and concerned citizens. This paper primarily focuses on the ethical dilemmas that surround the oil industry.

I like the way you support your answers with real examples. But you didn’t expand your response to the question number 4. Utilitarian’s would view the consequences of permitting or prohibiting fracking on private lands. Most of the fracking in the U.S. is done on private land. Allowing property owners to use their property for the purpose of fracking gives benefits to the property owners, but it causes a lot of harm to the environment and neighborhood. Because fracking of oil and gas causes water pollution and increase the earthquake activity. (Reuters). In 2015 the largest earthquake scientifically linked to fracking operation occurred in British Columbia. (Prince George Citizen). If the government prohibit the property owners for using their

Offshore oil drilling is a controversial topic because when oil spills, it does extensive amounts of damage to the environment. Countries capable of mining oil in the ocean reap the economic benefits in addition to reducing their dependency on external oil. While it is uncontroversial that offshore drilling is a massive boon for those countries, the environmental consequences of a spill also affect the economic welfare of nearby residents. Oil contaminates animals through a process called biomagnification, where chemicals progressively become more detrimental to the animals the higher they are on the food chain. When oil spills into the ocean, it impairs the growth of native species and deteriorates the ecosystem. As a result, the livelihood of people in the tourist industry, fisherman, and shrimpers is crippled and may take decades to recover.

The book, Crude World: The Violent Twilight of Oil is a warning to the world about the great harms that have been imposed on people and the earth by our need and dependence on petroleum products. The story is much darker than most people know and Maass is hoping to change that.

One way that drilling for oil destroys animals homes is that fossil fuels create carbon dioxide, and then that burned carbon dioxide goes into the atmosphere and then Global Warming is starting to melt the ice caps that animals live on. Also, drilling the new wells that we have to drill to get the oil, that makes the amount of land for the animals to make homes go down, and when the land amount goes down so does the length of the animals, like the polar bear, go down. The average length of the polar bears mating season is about from the months March until May. Where they want to reproduce is normally around where seals like to be. But then When Global Warming gets more and more threatening, they have nowhere to go now. Males tend to be very aggressive during the mating period, so that kills off the population even more. When the female gets pregnant, she gains at least 44o pounds because once the ice breaks, she won't be able to hunt for food. Another reason is that if we happen to have an oil spill, that will devastate all the animals in the Arctic. For example, the oil spill in the Gulf of Mexico oil spill was created because when the BP operated rig “Macondo Prospect” exploded. The area in the Gulf that was affected by the spill was eight thousand five hundred miles, to nine thousand, four hundred and twenty one miles in 2010. But, the use of technology has really helped the oil and gas industry because it has stopped useless drilling. An example of this would be the

Peter Maass, the author of “Crude World: The Violent Twilight of Oil”, has been studying oil, oil rich countries, oil corporations, oil prices, and such for a decent amount of time now. In his novel, he zeroes in on the consequences that humankind faces due to their oil-hungry appetites through the explanation of oil related sins. Each chapter dives into a different sin relating to the disadvantages of living in a world where the demand for oil is so prominent. Some of these sins, for example, are Plunder, Rot, Fear, Greed, Containment, and Desire, plus more. Maass gives an in-depth analysis of how the humankind’s great dependence on oil in recent years has extreme repercussions besides the usual topic of running low on oil, climate

For over forty years now, scientists and researchers have been tirelessly searching for an alternative to fossil fuels. Biofuels have become an interesting contender in the search for the replacement of the non-renewable energy source. Biofuels have been used throughout history for over thousands of years. There is a large debate over biofuels and its true impact on the environment. Those involved in the discussion debating whether biofuels have any real overwhelming benefits compared to fossil fuels could argue for its usage. According to recent research performed by the University of Michigan, biofuels may not be the best alternative for fossil fuels. Regardless of its impact on the environment, biofuels are becoming more popular particularly when the price of oil rises.

Have you ever wondered how many people there are in the world? This beautiful place called earth is home to billions of humans, and human-kind is not alone. Although at times we may forget that we have several different species living with us, not only do different species live with us but they are part of the circle of life that is the root of our existence. For many years’ people have been releasing excessive amounts of CO2 into the earth, with little to no consideration of the effects it may have on surrounding environments. Exploiting natural resources to leave nothing behind except for oil spills and other environmentally dangerous components. Corporations need to be held to higher expectations with more regulations, there needs to be a government that will enforce these regulations. Who decides our government? People do, local communities vote for who runs their city, state, and country. Communities can help spread awareness and demand cleaner energy, stricter laws, and reduce their carbon footprint.

This essay focuses on two renewable energy resources. First of all, biofuel is now accepted as alternative energy in worldwide. The figures continue upward trend in the biofuel production. ‘An annual growth rate of 6.8% from 2006 to 2030 is expected for total biofuels consumption in the transport sector’ (International Energy Agency: 2008 cited in Zhou, et al., 2009:S11). Significant leaders of the biofuel market are Brazil, the United States and the European Union. The results of research indicated that 92% of the world’s ethanol is produced by Brazil and US together, while 90% of the world’s biodiesel manufactured by the EU. In addition, several developing countries in Asia such as Indonesia, Malaysia, Thailand, and the Philippines have an enormous potential for biofuel production. Now these countries are

An entrance to sugar business enabled Wilmar to possibly enter the global biofuel industry. There was a global trend of replacing fossil fuels with biofuels, driving its long term demand growth, which made the sugar industry attractive. Riding with biofuel demand, it can leverage this growth potential by increasing its sugar production and ethanol sales. With an increased focus on sustainability, Wilmar can learn and adapt Sucrogen’s sustainable agribusiness practices to reduce the adverse environmental impacts from its

Since the past few decades, owning a car has become a necessity in order to commute from one place to another. However, cars do not work automatically, they require fuel. Since the past decade, the petroleum industry has become one of the leading industries impacting the nation’s economy. Oil has become an essential commodity as it is utilized in transportation vehicles, serves as a raw material for manufacturing plastics, and is utilized in homes for cooking. America’s economy is greatly dependent on petroleum as it is the “black gold” of the nation. The considerable significance of oil has led to the drilling of it, which is not only limited to land, but also the oceans. Offshore drilling is a method in which petroleum is extracted from underneath the seabed. It is one of the significant technological advancements in the past few decades. However, the ones who are involved in the process of offshore oil production are humans, and humans tend to make mistakes. In 1969, due to a human error, an oil spill occurred and natural gas, oil, and mud shot up the well and oozed into the ocean (“Offshore Drilling”). The oil spilled led to an environmental disaster which killed thousands of marine animals and distorted the environment. In order to prevent the same error, the government passed a moratorium in 1981, banning more than 85 percent of the country’s oil drilling sites (“Offshore Drilling”). The moratorium restricted the United States to mass-produce its natural resource.