Introduction
In 2010, the United States became the world’s largest natural gas producer, claiming the top spot that was formerly owned by Russia. The U.S. is now ranked as one of the world’s largest producer of oil and natural gas liquids, creating about 50 percent of its own oil in 2014. The Lone Star State produces about 35 percent of the country’s oil and 23 percent of the country’s natural gas. Texas has always been a major center for oil and natural gas companies starting from the discovery of oil in the early 1900’s. Consequently, fossil fuels play a significant role in the economic, political, and social construct of Texas. However, scientific studies have provided information highlighting the numerous environmental problems that can come from the production and use of fossil fuels. Should Texas try to eliminate the use of fossil fuels and preserve the environment or do the economic benefits that come from oil and natural gas production outway the use of cleaner energy sources? How would Texas respond to this situation socially and economically? How do fossil fuels affect the environment and is it even possible for Texas to only use renewable energy ?
Brief History To tackle this subject, one must understand the how Texas got into the oil and natural gas industry in the first place and how it began to change Texas politics and economics. The first economically significant discovery of oil happened in 1894 in Navarro County. This discovery led to the creation of the
Hundreds upon thousands of millionaires, new cities and towns, and a plethora of jobs are birthed out of one black goo. Oil. Ever since January of 1901, oil has been spewing out of hundreds of oil rigs all over Texas, bringing cities and people with them. Oil changed Texas from a place with very few cities to a place with cities all over. The oil would be found in a remote place and within the month 2000 people would live there, hoping to get rich from oil.
There are many differences between each colony even though some may seem very similar. When looked at Virginia and Maryland may seem similar in many ways, besides the fact Virginia was made into a colony for buying and selling while selling shares. Virginia had many joint-stock companies which were used so colonists could buy invest in different companies by buying shares from the company. Virginia also made most profits off of buying and selling mostly tobacco. The colonists who lived in Virginia relied on tobacco and the profits from it. Until tobacco caused inflation and ruined field. Virginia settlers searched for gold a lot of the time as well while looking for a passage to the Indes.
Oil has made many dreams come true. Oil was the best thing that had ever happened to some people and the opposite for others. Oil has not only brought income to people but it has brought new schools and educations, New jobs for people who need them, but sadly has also caused divorce.
Texas’ history with oil starts much earlier than the 1901 Spindletop gusher. As early as 1543, there were reports of natural oil seeps along the coast of Texas which was used as both medical treatments and caulking for boats by Spanish explorers (Wooster). In 1866, the first of Texas’ oil producing wells was drilled in Nacogdoches County, however the supply and profit was not high enough to justify further development. In 1895 in Corsicana, Texas there was a minor oil find that led to the creation of Texas’ first oil refinery in Nacogdoches, Texas. Another large oil find is the East Texas Oil Field which spans 140,000 acres and is considered to be the largest oil field in the United States (excluding Alaska); this oil field has produced over 5.2 billion barrels from its 30,340 historic and active oil wells (Smith).
Welcome to the Texas Untold Story.This is about how oil changed Texas. Oil had brought wealth to many families,and sometimes tore families apart. How did oil have a big impact on Texas?Three most important social changes in the 1900’s were Minorities in West Texas,Oil and the University of Texas, and High Divorce rates.
How did the national demand for oil affect the local businesses in Texas, and how did Texas oil discoveries affect the national oil market?
From the day in 1901 when a little hilltop near Beaumont began to gush oil,a big part of Texas changed that day. Oil has been changing our life ever since that historical day in 1901. Today, more than a century later, Texas still produces more oil than any other state in the Union.Oil has brought more wealth to Texas than ever before.
Next comes the issues with the refining of the tar sands oil. This is where Texas comes into play and how the refining of such dirty oil will affect communities and people located in the state of Texas. “Refining tar sands oil is dirtier than refining conventional oil, and results in higher emissions of toxic sulfur dioxide and nitrous oxide. These emissions
v. One of the reasons for astounding growth of Houston – federal investment. More willing to go to federal government or state government.
In Texas, there is an economic powerhouse that not only runs deep beneath fields of cotton, but also reaches miles beyond the green pastures of cattle. Its multitude of uses in daily life also far outweighs the benefits of technology. This resource, greater than any other in Texas, is oil. In 1866 the first commercial oil well was dug near Nacogdoches, Texas but unfortunately the well came up dry. Thirty years later in 1894 oil was discovered in Corsicana, Texas by accident while a water well was being dug. This was the first economically significant discovery of oil in Texas. On January 10, 1901, Texas was catapulted into the era of oil and gas with the discovery at Spindletop. The Spindletop well, located south of Beaumont produced roughly
When most people think of Texas they think of the booming oil industry that the state has. According to our textbook, “Texas accounts for almost one-third of the country’s natural gas production and holds almost almost a quarter of the country’s natural gas reserves.” Texas has greatly invested in the recourses that are found within the state which makes gives the state a huge economic advantage. When fracking is used to help turn out even larger quantities of natural gas, the economic impact is huge. If the state greatly invested in fracking sites and the use of both traditional and horizontal fracking, the economic gain in the near future could be huge. The state could be turning out twice the amount of natural gas as it is
Coal and natural gas are the United States’ main fossil fuels used as energy sources. These fossil fuels both contain mixtures of hydrocarbons, which is a chemical compound of carbon and hydrogen (Olah, 2005). Currently, fossil fuels provide eighty-five percent of commercial energy, such as businesses, worldwide and this eighty-five percent does not even account for residential use. Imagine if the residential energy use was accounted for in that eighty-five percent (Davison, 2007). According to Goodell (2006), “Between 1950 and 2000, the world population increased by 140 percent and fossil fuel consumption increased by 400 percent. By 2030, the world’s demand for energy is expected to more than double,” with most of the electricity
The U.S obtains more than 84% of its energy from fossil fuels including oil, coal and natural gas. This is because people rely on it to heat their homes, power industries, run vehicles, manufacturing, and provision of electricity. It is apparent that the country’s transportation industry highly depends on conventional petroleum oil, which is responsible for global warming, thus threatening economic opulence and national security. Apart from that, increasing consumption of fossil fuels have elevated health problems in the state, destroyed wild places, and polluted the environment. After conducting Environmental Impact Assessment, projections showed that the world energy consumption would increase by more than 56% between 2010 and 2040. However, fossil fuels will cater for more than 80% of the total energy used in 2040. Sadly, it will be a trajectory to alter the world’s climate, as well as, weaken the global security environment. Importantly, the rate at which the US relies on fossil fuels needs to reduce since it has adverse effects on the planet’s supplies. The society needs to realize that fossil fuels are nonrenewable, thus taking millions of years to form (Huebner, 2003). Notably, the country can reduce dependency on fossil fuels by practicing energy conservation and efficiency,
Throughout time the world’s image on Nursing has evolved rapidly. Nurses work in an extremely stressful environment and must carry out their duties in a professional manner to ensure proper procedures are followed throughout their routines. They also have a considerable amount of responsibility that comes with their career. For those reasons nurses must present themselves in a professional and structured manner at all times. The Image of Nursing describes how people in and out of the profession see nurses. Nurses must protect and continuously improve their image by fully applying themselves to their profession every day. Nurses complete rigorous course studies to obtain the ability to manage themselves and lead others towards a common
“Management Accounting is the utilization of proper strategies and ideas in preparing chronicled and anticipated financial information of a substance to help administration in setting up arrangements for sensible monetary goals really taking shape of judicious choices with a view towards these destinations."