The discovery of oil has led to an abundance of new opportunities that have helped people create new inventions with the biggest being the automobile. Major corporations have arisen from “The impact of oil derived, in large part, from its attractiveness as an energy-dense, easily deliverable source of fuel for transportation.” Oil is sometimes coined the term black gold because of its value. Corporations like Chevron have made billions of dollars in the oil industry. With the rise of oil, the destruction of the environment has also become a serious issue in some parts of the world. Oil spills that have taken place in the gulf and in the forests have had a huge impact on both the people and wildlife that have lived around these affected areas. Black streaks of oil are seen in the sand in some beaches still to this day and. But these are just some of the major environmental disasters oil companies like Chevron are responsible for. Chevron has also made an impact on the environment around its refineries, and it is not a positive impact. The waste that comes out of these refineries is dumped into the ocean, rivers, and these toxic waste sites severely hurt the environment in the process. One of the biggest issue the company faces, is with the country of Ecuador where a lawsuit was filed against Texaco, which was acquired by Chevron in 2001. The corporation was blamed for the mass pollution across the Amazon after the company left the refineries with mass traces of toxic waste
In 1900, Oil was discovered in Texas, USA, and the Hamill brothers orchestrated the drilling of the wells. The Hamills used a steam engine to drill the well. At 11000, they reached the oil reservoirs. Initially, the oil reservoirs were projected to produce 50 gallons a day but surpassed to 80,000 gallons, making the USA the largest oil producer in the world. This reflection paper seeks to discuss how the discovery of oil in Texas enhanced the economic growth in the country.
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.
Americans have been drilling for oil for more than half of their existence. Before the 1850’s oil was of little use and had no market for commerce as there was not one overwhelming use for it. Until around the 1850’s, when technology advanced, with it sparking search for one of the most sought after natural resources that countries would later go to war over, petroleum oil. Early inventions like the kerosene lamp provided a new stable home necessity to live by, increasing the demand for crude oil. This would be met in part by Colonel Edwin Drake, who drilled the first successful oil well in 1858. While Drake’s invention for extracting crude oil from the ground would bring about a new era for industrialization, his “black gold” would bring about an even larger effect, the environmental disasters caused by man. For over one hundred and fifty years of drilling for oil, both on shore and offshore, has led to some of the worst catastrophes to both nature and mankind. While many of these catastrophes have led to the deaths of hundreds of crew members, they have also led to long lasting effects on the environment, local and national economies, legislation, regulations, and human morale. These following effects can be seen in the most recent and most contaminated marine oil spill in history. To the media and public it’s known as the British Petroleum offshore drilling oil spill in 2010.
Repercussions of burning oil have arisen more progressively. The debatable topic of global warming holds burning fossil fuels responsible for higher temperatures in colder climates. An article by World Book explains why oil is so harmful towards the environment. As more cars are produced more pollutants are released into the atmosphere, those pollutants cause smog in larger manufacturing oriented cities as well as, acid rain. Factories, burning oil, dispose of the remaining chemicals into bodies of water rendering them unsafe to drink for both humans and animals alike (Hunt par. 1). Another article produced through World Book describes the
The petroleum trade in chad was supposed to seriously help the poverty rate and benefit the country but it seems it's done just about the opposite. Even though the oil trade brings in money it has negatively affected the local people ESPECIALLY the people around the petroleum extraction itself. For example In the Eastern Logone region that includes the Doba Oil Basin and about 38% of Chad's population was rated 3rd poorest region of chad despite the hundreds of thousands of barrels of oil exported. the other affects on the people are endless and further contamination is always a hazard. There already has been some contamination there have been drainage canals have polluted the surface including the groundwater used by the locals,infertile and contaminated quarries have been returned to farmers without being cleaned or secured,rivers have been sullied by oil spills. These are just some of the environmental impacts the oil trade has on Chad and I think this is a good example that not all companies and corporations can benefit a country even if they bring in money. The oil trade in Chad is a very controversial topic especially in chad there are benefits economically but there are also environmental
In the era of capitalism and fierce corporate rivalries, the agenda for any major corporation is likely to prioritize profits over social problems such as environmental degradation. An example that sheds light on the conflict between human interests and environmental responsibility is the controversial approval of the oil drilling in the Northern Slope region of Alaska and the drilling that has already
One of the most recognized disasters regarding hazardous chemicals is the wreck of the infamous Exxon Valdez. After the oil tanker ran aground on Bligh reef in the spring of 1989, millions of liters of crude oil leaked into the Prince William Sound, off the coast of Northern Alaska causing millions of the native wildlife to die. Thankfully, it didn’t seep into the open ocean but the oil harmed not only the local Alaskan wildlife it also harmed the reputation and honesty of big oil corporations such as the Exxon shipping company, the livelihoods of thousands of the local fishermen and the water quality of the Prince William Sound. The Exxon Valdez
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.
The demand for oil is ever expanding as the world’s energy needs continue to increase resulting in companies striving to meet the demand for oil production. The huge costs of oil importation are what ultimately push the need to tap into our backyard rather than import oil from countries around the world for significantly higher prices. While oil corporations can be credited with providing people minimized costs of products due to their offshore oil drilling efforts. The fact of the matter is that having a cleaner environment is seen as being more vital than having a cheaper product at the cost of an unhealthier environment. Though, many experts agree that the potential risks of offshore oil drilling are often exaggerated, recent disasters such as the British Petroleum (BP) oil spill have proven
In the United States oil consumption is an everyday occurrence, for every citizen. Our country without oil would not be able to function properly within all aspects of life. Our political, transportation and economics systems would all encounter drastic affects if there were no oil to transform into petroleum. Due to our huge dependency on petroleum products, oil companies like British Petroleum (BP), Exxon Mobil, and Saudi Aramco hold extreme power over many countries and make billions off our need to live our daily lives. The extraction of oil from these companies are causing life altering effects for future generations, by causing major environmental complications. Each of the three main oil companies have experienced oil spills that were damaging to the environments around them and gain the global attention, because of the size of the oils spills and the lack of effort to accurately clean the spills.
Developed countries extract and refine fossil fuels in third world countries or in other localities through fracking and deep water drilling that will have no direct effect on the people benefiting from them. Poorer communities in the US commonly located near fracking sites have high rates of cancer and unsafe drinking water, but due to the lobbying power of fossil fuel corporations, government agencies turn a blind eye through a pay-to-pollute system. Corporations net more money paying the fines for pollution and purchasing dumping permits than they would if they chose not to conduct operations. Royal Dutch Shell’s irresponsible drilling operations in the Niger Delta have left local communities with completely polluted rivers, killing fish and polluting a clean source of drinking water as well as dramatically decreasing life expectancy. “Shell and the other oil companies operating there are still not doing enough to either prevent spills, or clean them up” (Dummett 2015). The complete lack of corporate social responsibility is an integral feature of our economic model, where affluent cities and suburban communities excessively consume and create waste at the expense of the less
A very sad thing to discover is the attitude of Texaco towards the pollution of such unthinkable proportion. They were quoted having said that they did were of the belief that they could actually pollute the Ecuadorean environment at a hundred times higher than those allowable in the United States (Justicia Para Ecuador). Bizarre as it was, their actions left about 30,000 people at the risk of contracting one of the diseases aforementioned (ChevronToxico,
On April 20, 2010, one of the most horrific accidents occurred in regards to the oil and gas industry. An oil rig exploded not far off the coast of Louisiana. People were injured and even killed. Thick, brown oil gushed into the Gulf of Mexico, destroying beaches and wildlife. Researchers and scientists were forced to find new ways to clean up the oil, in a quick and efficient manner. The immediate and lasting effects of the BP oil spill having caused numerous issues both physically and emotionally. BP has faced consequences for their mistakes and they have since made multiple changes to better the safety and quality of their company to prevent problems like these to happen again. Society should take a look at what happened during and after the oil spill and learn from the experience. I learned a lot about the topic after writing this research paper, and I have a new respect for the people that work in the oil and gas industry. I had no idea how much they risk every time they step foot on an oil rig.
Agricultural production which used to be the mainstay of Nigerian economy has been declined as results of crude oil discovery and subsequent increase in production and exportation of crude oil (Edo (2013). The discovery of crude oil and appreciation of oil price in the World market some years ago leads Nigerian government to abandon all other means of revenue generations including agriculture, just to depend solely on crude oil revenue to finance most of her budgets. However, crude oil exports are no longer sustaining the economy due to current downturn in crude oil price. For instance, the Nigerian government generated lots of revenues from crude oil exports but majority of her populations are still under the poverty line (Shaxson, 2005). Therefore, there is need to source revenue generations through other means. Among those means of revenue generation is through increase in agriculture production and exportation. But the sector needs massive overhaul and developments in order to yield fruitful results. Developments of agricultural sector will require serious investments in the sector, which is done properly, will improve export revenues in country through an increase in agriculture output and exportation. This therefore calls for an urgent need to assist farmers with capitals, improved and hybrid crops and livestock, and “subsidize agricultural inputs which in effect will increase agricultural yields” (Jerven, 2014). For instance, in many developing
Human existence and activities have proved to contribute immensely to the warming. When oil was first becoming a major world energy resource, greedy capitalists actively pursued any and all measures to profit from it. The expansion of embryonic corporations became the single most superior motive, forgetting completely about the care of the planet. All aspects of oil production, including the: extraction, refining and transportation generated considerable amounts of environmental pollution. Oil spills from international transportation became a major concern and in 1990