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Economic impact of oil in the middle east
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Qatar is a peninsula that is coastal to the Persian Gulf near Saudi Arabia, the United Arab Emirates and Bahrain. Qatar is known as the third largest country with natural gas reserves world-wide. It also holds home to the world’s largest non-associated natural gas reservoir that is called North Field. In this paper I will be talking about oil and its impacts on the economy and the environment in the country of Qatar. As a country Qatar’s economy depends highly on oil and natural gas. In other words, if Qatar no longer had any oil or natural gas left than Qatar’s economy would collapse because the biggest part of their economy would no longer exist. If this was to happen Qatar’s population would decrease dramatically because most of the inhabitants …show more content…
Soil trials were taken all over the Qatarian peninsula to test the radiation levels in the soil. One of the trials ended up being higher in radiation than all the other trials, all were taken from a coastal oil field and was automatically assumed that Tenorm was the cause with the mobility of Ra in oil-field rocks. There should have been more trials where the soil tested high in radiation. A trial investigation of metals in marine life occurred because of the 1991 oil spill. The only creature that was affected by this oil spill was the muddy lobster. The muddy lobster Hg and Cd levels were higher than they were before, but since they were the only species with a problem, it was thought other factors resulted from the higher levels of Hg and Cd. Since they do not know exactly what caused the Hg and Cd levels to spike they determined it was not because of the oil spill, but they do not know if it was a combination of factors with the oil spill that caused …show more content…
“To meet the requirements for wind energy one must have 2.54 m/s at 10m height. Doha’s highest wind speed is 5.2 m/s and the lowest wind speed is 3.5 m/s. Haloul highest wind speed is 7.1 m/s and the lowest wind speed is3.1 m/s.” Wind power can be accessed from Qatar. In conclusion in this paper I talked about oil and its impacts on the economy and the environment in the country of Qatar. Qatar’s economy cannot support its city population if it were to run out of oil. Qatar has a lot to offer from oil, gas, and wind energy. This is why people come to Qatar, for jobs in energy. The economy is based on energy resources, which could be Qatar’s economic downfall in the far
How does one region have a prolonged battle for authority, and conflict with the opposing force for eternity? After the Ottoman Empire sided the Central Powers during World War I, they didn’t foresee that they would lose their empire based off of this decision. European countries that won the war came in and partitioned the Middle Eastern region. Soon after the Sykes-Picot Agreement was established, and the Arabs felt betrayed because they weren't granted their deserved independence. The new borders set caused continuous conflict because of the artificial blending of different ethnic and religious groups. International conflicts have contributed to regional conflict in Southwest Asia by forming borders without regards to the different ethnic and religious groups, creation of the state Israel in 1948, and the U.S. being involved in the matters of the Middle
The Massachusetts Department of Environmental Quality Engineering took ground water samples that showed volatile organic chemicals (VOCs) in the supply well. This well was formerly used for drinking water for the community. The results indicated that the ground water beneath the property was contaminated with radioactive material and VOCs. A sphagnum bog on the grounds had evidence of radioactive contamination. The soil, sediment, surface water, and ground water on the site had high levels of depleted uranium. On some of the soil and sediments, Poly Chlorinated Bi-phenyls were recorded. The buildings and structures on the grounds were as well contaminated with depleted uranium and other hazardous substances.
In conclusion, Oil impacted social change over time, which helped us grow as a society. If you took my proposal into consideration I would really appreciate it. My proposal is going to have all of the factors of Oil and how oil has change our state. After reading the documents that you have given me I was able to answer question “What story should be told”. As H.L hunt always said “money is just as way of keeping score”. - H.L
Wiens, J. A. (1996) Oil, seabirds, and science: the effects of the Exxon Valdez oil spill. BioScience 46 (8) 587-598.
Iraq and Kuwait were some of the biggest oil producing countries in percentage. The author claims that before the war they engaged into numerous arguments in regards to their oil business. At this time the author explains that Iraq requested for a reduction in the price of oil, but Kuwait didn’t want and this caused a lot of loss for Iraq. Iraq, as put by the then foreign minister Tariq Aziz, is said to have expressed his concern on the kind of losses that were occurring in the tune of billions on their oil business as prices per barrel dropped. All that Iraq wanted from the lowering of prices on crude oil was to help them clear their debt with Kuwait (Fitzgerald 7).
Solomon, G., & Janssen, S. (2010). Health effects of the gulf oil spill. JAMA, 304(10), 1118-1119. doi: 10.1001/jama.2010.1254
People need oil for daily life and work. Since World War II, oil has caused many serious problems in the United States and throughout the world. Remarkably, economic and social problems were heightened by the emerging energy crisis. By 1974, the United States gained a third of its oil by importing from the Middle East. James Oakes, et al.
The U.S dependency on foreign oil presents many negative impacts on the nation’s economy. The cost for crude oil represents about 36% of the U.S balance of payment deficit. (Wright, R. T., & Boorse, D. F. 2011). This does not affect directly the price of gas being paid by consumers, but the money paid circulates in the country’s economy and affects areas such as; the job market and production facilities. (Wright, R. T., & Boorse, D. F. 2011). In addition to the rise in prices, another negative aspect of the U.S dependency on foreign crude oil is the risk of supply disruptions caused by political instability of the Middle East. According to Rebecca Lefton and Daniel J. Weiss in the Article “Oil Dependence Is a Dangerous Habit” in 2010, the U.S imported 4 million barrels of oil a day or 1.5 billion barrels per year from “dangerous or unstable” countries. The prices in which these barrels are being purchased at are still very high, and often lead to conflict between the U.S and Middle Eastern countries. Lefton and Weiss also add that the U.S reliance on oil from countries ...
" Oil is the life blood of our modern industrial society. It fuels the machines and lubricates the wheels of the world’s production. But when that vital resource is out of control, it can destroy marine life and devastate the environment and economy of an entire region…. The plain facts are that the technology of oil-- its extraction, its transport, its refinery and use-- has outpaced laws to control that technology and prevent oil from polluting the environment…" (Max, 1969). Oil in its many forms has become one of the necessities of modern industrial life. Under control, and serving its intended purpose, oil is efficient, versatile, and productive. On the other hand, when oil becomes out of control, it can be one of the most devastating substances in the environment. When spilled in water, it spreads for miles around leaving a black memory behind (Stanley, 1969).
Fossil fuels have been proven to be damaging to our environment, economy and has made the United States vulnerable to dangerous and unstable countries by exporting the resources that they have. The U.S. depends on countries like Sadie Arabia for our oil supplies. How would we be affected if Sadie Arabia refused to sell us their oil? Would our oil reserves run out or would we be able to buy from another country? These are scenarios that we need to be concerned about. According to Rebecca Lefton and Daniel J. Weiss in their article “Oil Dependence Is a Dangerous Habit”, the U.S. has increased import of oil in the recent years, creating a bigger deficit in the United States. Our countries deficit has resulted in nationwide budget cuts. The continuation of oil imports with foreign countries is going to create an even larger debt in America. In 2008 our country spent around $150 Billion on oil imports alone (Lefton, R. & Weiss, D.J. (2014) Oil Dependence Is a Dangerous Habit. Retrieved from http://www.americanprogress.org/issues/green/report/2010/01/13/7200/oil-dependence-is-a-dangerous-habit/). Environmentally, the burning of fossil fuels have led to global warming. As most of us know, global warming can cause changes in our clim...
The average wind on the entire site is approximately 9m/s. Wind speeds of 7.5m/s are deemed economically viable. The wind speed can vary dramatically onsite. The wind speed was very low at 3m/s when we were there and we were told on our site visit that there have being wind speeds up to 50m/s experienced on the site. To prevent any damage the turbines cut out at a certain wind speed. This is typically 25m/s for the turbines on site.
“ Effects of Oil Spills on Marine and Coastal Wildlife” Holly K. Ober. WEB. 19 May 2014
With the current spike in oil prices, many American consumers have asked, 'what is going on?' In order to fully understand the current situation and how it is affecting the economy one must look at a variety of factors including: the history of oil crisis in the United States, causes of the current situation, and possible outcomes for the future. It is only after meticulous research in these topics that one is prepared to answer the question, 'what is the best possible solution to the oil crisis?'
...Arabia is a petrostate. Oil dominates the national economy, international exports, and the nation’s politics. It has greatly shaped what the kingdom is today. Having started out as somewhat of a tourist economy, the kingdom has become a world, monetary power. From their massive amounts of oil and extremely cheap production, the country has been able to gain large amounts of affluence and political power. With its large abundance of oil, the country has been able to profit immensely on sales and spur diplomatic outcomes to their benefit due to the great need of the resource. Without the discovery oil, Saudi Arabia would be of little importance in the modern world, having the Grand Mosque be the extent of its importance. But because of its discovery of oil, Saudi Arabia became of international importance, coming to be one of the greatest assets to world superpowers.
“Pollution is the major disadvantage that is formed due to fossil fuels. When burnt they give out carbon dioxide, a green housed gas which is the main aspect of global warming.”(conserve-energy-future.com) That is an environmental hazard. Drilling can be inconsistent because some places may have a lot of oil, and some places do not. Sometimes if there is too much oil there can be a blow out. People also drill on their properties just for money, and some drill just to see if they have oil for money. Doing that is inconsistent. Gas prices rise and cause tension between nations. “Middle-east countries have huge reserves of oil and natural gas and many other countries are dependent on them for constant supply of these fuels.”(conserve-energy-future.com) Gas prices rise and some people cannot afford gas...