Modern society is characterized by convenience; convenience supplied by oil. Whether it be to fuel cars, to make plastic for hair dryers, or to paint a wall, most everything found in use today depends on this black gold. Although petroleum ’s variety of uses has made life convenient, this convenience has lead to an extreme use of oil, and it is now leading to its depletion. Although billions of barrels of oil remain in worldwide reserves, the United States needs to invest in replacing petroleum with alternative energy sources because readily available oil reserves are running out and other sources are more difficult to access and use .
Oil remains plentiful in the world, as new reserves are constantly being discovered, and technology is allowing ever more efficient oil production and use. Newer technology allows people to refine and process sources of oil that was previously unusable. These unconventional sources of oil have been proven to exist worldwide. 14 trillion barrels of oil may be found in worldwide oil shale alone, which some experts say could power the world for 500 years to come (Deming 10). Other reports show that 2 trillion barrels may be found in Utah, Colorado, and Wyoming, which is quickly being developed (Lambertson). Furthermore, oil reserves are constantly being discovered, whether it be in the Gulf of Mexico or in tar sands of North and South America. Methods of oil extraction, refinement, and use are becoming evermore efficient as technology continues to advance. This both reduces oil consumption, by allowing less oil to go further, and increases the net energy gain from oil reserves .
Despite the vast amount of remain oil and improving technology, however, oil production from conventional sou...
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...sing supply of oil, and avoid economic catastrophe when oil production fail demand. Therefore, alternative energy must be developed within the United States.
Works Cited
Deming, David. "The World's Oil Supply Is Plentiful." Kallen, Stuart A. What Energy Sources Should Be Pursued. Detroit: Thomson Gale, 2005. 9-11.
Inman, Mason. "Has the World Already Passed “Peak Oil”?" 9 November 2010. National Geographic. 7 February 2011 .
Lambertson, Giles. "Oil Shale: Ready to Unlock the Rock." Construction Equipment Guide. 10 February 2011 .
Rodman, Stuart H. "When Drill Holes Become Rat Holes." Ed Kallen, Stuart A. What energy Sources Should Be Pursued? Detroit: Thomson Gale, 2005. 12-19.
...m fossil fuels, there remains alternative resources that can easily be taken advantage of. So why isn’t the United States taking this deeply into consideration and improving this dilemma? The energy crisis of the 1970’s continues on into the present as Americans search for new ways to fuel the consumption. This remains unresolved.
Almost every single nation in our world today, the United States included, is extremely reliant on oil and how much of it we can obtain. Wars have been started between countries vying for control of this valuable natural resource. The United States as a whole has been trying to reduce its reliance on foreign oil and has had some success, especially with the discovery of the Bakken formation and projects like the Keystone Pipeline.
Arguments: America is dependent on other nations for their ability to create energy. The United States is the world’s largest consumer of oil, at 18.49 million barrels of oil per day. And it will continue to be that way for the foreseeable future, considering the next largest customer of oil only consumes about 60% of what the U.S. does. This makes the U.S. vulnerable to any instability that may arise in the energy industry. In 2011, the world’s top three oil companies were Saudi Aramco (12%), National Iranian Oil Company (5%), and China National Petroleum Corp (4%).
... we may see a serious act in the near future to start the process of drilling. With a solid combination and profitability factor the U.S. could prevent the rising gasoline prices. We need to however, continue our search for other alternatives do to our limited resource of oil. For this reason, I am in favor of opening up the Arctic National Wildlife Refuge to oil drilling and also the exploration of alternative fuel sources, as well as ways to conserve fuel. This combination should provide the United States with an energy policy that is both financially stable and environmentally sound.
Pratt, Joseph A. “Exxon and the Control of Oil.” Journal of American History. 99.1 (2012): 145-154. Academic search elite. Web. 26. Jan. 2014.
The United States has had several scares throughout its history in terms of oil, most turn out to be over exaggerations of a small event. However, these scares highlight a massive issue with the U.S. and that issue is the U.S.’s dependence on foreign oil. Why does it matter that our oil should come from over seas? In a healthy economy this probably wouldn’t be as relevant, but the U.S.’s economy is not exactly healthy at the moment. There are 4 things that I would like to address: what the problem is, how it affects us, what some solutions are, and what solutions I feel are best.
Shafer, Leah R. "Address on the Energy Crisis (15 July 1979)." Dictionary of American History. Ed. Stanley I. Kutler. 3rd ed. Vol. 9. New York: Charles Scribner's Sons, 2003. 492-94. U.S. History in Context. Web. 18 Apr. 2014.
... middle of paper ... ... Due to the recent economic struggles in the U.S., it is important that we maintain economic competitiveness with other countries. Instead of importing oil, the U.S. should invest in clean-energy technology innovation, which would boost growth and create jobs.
" 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).
The year is 2200. The world is going through a fossil fuel shortage. Oil reserves are almost completely consumed and it is becoming impossible to find new fossil fuel sources. Not prepared for this event to occur, The United States, has no alternative options. As a result of the oil shortage, the standard of living deteriorates. Heat in homes, supermarkets full of food, and transportation, all basic necessities taken for granted, will be depleted because fossil fuels are used to power almost everything. The key to the prevention of this future is renewable energy. Unfortunately the support for the use of renewable energy is weak and ineffective. Unless the US puts forth effort to research and promote the use of renewable energy to consumers, conversion from fossil fuels to renewable energy will no longer be an option.
Oil is an essential resource in the whole world. People use oil in a variety of ways. The world has used oil for many years and it will still use it as a basic commodity. Oil use can be traced back to 1850s. However, when Edwin Drake produced commercially usable quantities of crude oil from a 69-foot well in Pennsylvania in 1859, he marked a new period that considered oil as a valuable commodity. Oil prices have been inconsistent since 1859. The discoveries of more wells considerably lowered oil prices and made some oil barons abandon the industry. However, oil prices have increased over time because of several factors.
According to the US Environmental Protection Agency, over half of the oil used in the USA is imported. Most of this imported oil is located in the middle east and is controlled by OPEC members. Subsequent oil price shocks and price manipulation by OPEC have cost our economy dearly—about $1.9 trillion from 2004 to 2008—and each major shock was followed by a recession (Reduce). We may never be able to fully eliminate our need to import oil, but we can reduce cartel market control and the economic impact of price shocks by reducing our demand (Reduce). One way we can reduce our reliance on oil is through investing in renewable energy. Solar power, wind power, and hydro power are all forms of energy which come from renewable resources. Unlike oil, solar, wind and hydro electric power is abundant and can be obtained locally.
Significance: The United States must face the fact that the world is running out of oil and with today’s rising oil prices, economic and political instability in regions where the United States gets the majority of its oil, this country must begin looking into alternative means of energy to replace oil and end our dependence on foreign powers.
With the depletion of fossil fuel resources comes speculations and debates about alternative energy sources. The world, including the Philippines, is practically dependent on a dwindling non-renewable source of energy. Today, experts are debating about and considering three options: Nuclear, Solar, or Wind Energy. Everyone has been accustomed to the bad image of nuclear energy as a result of the Chernobyl and Fukushima incidents above all others. The popular belief is that radiation from a nuclear meltdown is very harmful to humans and other living things—which is true—and that nuclear power plants are very dangerous and not ideal—which is not. According to Smith, et. al (n.d), all the nuclear disasters that ever occurred were caused by human error and natural disasters like tsunamis, not one because of system failure. Putting the false beliefs aside, with proper engineering and adequate maintenance by experts, a nuclear power plant is a very ideal and viable source of energy for the following reasons:
...g the Energy Revolution." Foreign Affairs. Nov/Dec 2010: 111. SIRS Issues Researcher. Web. 21 Nov 2011.