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Oil industry effect on the environment
Crude oil importance
About Oil Industry
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Crude oil, or as some call it, “black gold” due to its color and value, is used in just about every aspect of our daily lives: the clothes we wear, our cell phones and computers, polymer fibers (or plastics), paints and finishes, and many more. Crude oil is found in layers of sedimentary rock, typically limestone and sandstone, where it has been trapped for millions of years. Crude oil is held in a reservoir by a salt dome, or by a fault, where the surrounding rock is impermeable; the ceiling of the reservoir is called a caprock. Geologist Jeff Morris (1992) stated that one way to collect this crude oil is by drilling through the caprock, which releases the oil due to the pressure inside of the Earth (p. 19). Although we need this oil, many …show more content…
This is because we use each and every fraction for different purposes (API 2013). This being the case, we are literally surrounded by crude oil every moment of our lives. Transportation would be impossible if it weren’t for the many different fractions of oil, and nor would the creation of things such as polymer fibers. Polymer fibers, or plastics, are found in almost everything we use every day. Collection and refining of crude oil is a huge industry that is thriving, and won 't easily be affected by opposition. These flourishing industries also pay huge tax bills that in turn pay for schools, hospitals, and other government-supplied services within their states. In the event of an oil spill or accident, the responsible company gets penalized with massive settlements. There are fines paid to government entities, such as the Bureau of Safety and Environmental Enforcement (BSEE) as well, which also help decrease the debt of …show more content…
Without oil, the energy consumption would decrease by a very large scale; there would have to be an increase in nuclear, and sustainable power supplies, as well as burning wood for heat. Without oil travel as we know it would become nonexistent. As humans, we need to be very careful on all future decisions that have to do with increases in energy consumption. If humans continue using oil in the same fashion they 've become accustomed to, the looming crash of the oil industry will be reality due to the limited quantity of oil on Earth. The limitations have already caused the value of this nonrenewable resource to increase due to market inflation and demand. The best way to maintain energy consumption would be to conserve. Conservation can be accomplished by simple tasks, such as carpooling to common or close destination, driving more ecofriendly vehicles, by riding a bicycle or any other manually operated vehicles to a close destination instead of driving, not buying disposable plastic water bottles. Essentially, conservation comes down to reducing your own carbon
One of these factors was the logistical nightmare of redeveloping the infrastructure needed to transport oil to the refinery. As early as 1881, Standard oil operated approximately 3,000 miles of pipelines, eventually owning ninety percent of the nation’s pipelines. Although transcontinental railroads were an available alternative, pipelines were cheaper, reduced handling and storage fees, and were more efficient. The fact that modern oil companies invest hundreds of millions of dollars into speculating for sustainable natural oil deposits implies that such deposits are rare and hard to identify with a passing glance. If the spurts of oil proved to be isolated incidents, the capital invested in building pipelines and reestablishing a monopoly would have been squandered.
On January 10th 1901 the discovery of oil at Spindletop would lead to the greatest economy boom the world has ever encountered. The amount of oil that would be discovered across Texas would be more than enough to power America through the next several decades. The effects of having oil would completely change Texas culture, lifestyle, and business tremendously. In the book of Oil In Texas, will prove that America would change completely from agriculture nation to an industrial nation after the discovery of oil in Texas.
This area is known as the Permian Basin. Most of the oil is being produced from rocks
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.
The diluted bitumen found in tar sands, turns out to be the heaviest, thickest crude oil used today. The reason is so uncommon and concerning to environmentalists is because of the extra amount of energy needed to extract the oil-sands crude compared to regular oil. In summary about the use of diluted bitumen, “The U.S. refineries that process it will produce higher levels of pollutants that damage human health and lead to more smog, haze and acid rain” (Weeks par. 24). Even though the acidic crude oil that comes from tar sands allows the resulting combination to flow more easily through the pipeline, it can result in pipeline corrosion, making it more vulnerable to leaks (Guarino 3). Another concern with leaks affecting other areas, is that it will create a high concern of a potential diluted bitumen oil spill faster than average crude oil, which will sink quicker into the porous soil along its route and contaminate the state’s vital groundwater aquifer (Clayton
The United States as well as the rest of the world are dealing with the issue that the world supply of oil is dwindling. Ever since our peak consumption year in 2005 the United States has been a major consumer of crude oil and petroleum products. As of 2012 according to the U.S Energy Information Administration “The United States consumed 18.6 million barrels per day of petroleum products, making us the world’s largest petroleum consumer.” The U.S. has long been dependent on foreign petroleum products to meet our ever growing energy demands and consumption. With the revolutionary and controversial rise of fracking it is now possible for the United States to become a self energy sufficient country. With fracking, the proper technology and economic
To understand the increase in gas prices, one must first identify the distribution of dollars paid per gallon at the pump. According to the U.S. Energy Information Administration (eia) in 2010, the annual average paid at the pump consisted of 68% crude oil, 7% refining, 10% distribution and marketing, and 15% taxes (see Fig.1). This shows an increase of crude oil over the 2000-2009 average of 51%. (e. I. Administration)
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 ...
The extraction of crude oil from the Athabasca oil sands is carried out by surface mining and in situ mining. 90% of recoverable bitumen is located too deep to be recovered by surface mining (Mossop, 1980). Both techniques require invasive processes to successfully extract the bitumen from the subsurface and result in degradation of the land upon which they ar...
" 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).
finding new ways to drill for oil and also refine it more efficiently to ensure that
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.
People can also reduce the use of fossil fuels by doing simple things for instance switching off lights and appliances when leaving the room. Walking or cycling instead of driving a car or use public transport for maybe longer journeys. Little things like this will make a big difference, making our planet a better place.
It is unfortunate that within the past 100 years our worlds' economy has driven itself into a deep hole with the reliance on a "black gold" called oil. Since its discovery, it has been purified to produce many different forms of energy such as light, gasoline and more. Since technology has enabled mankind to discover more capable methods of transportation, mankind has exploited its power over nature and produced machines such as the combustion engine. In combustion engine's, oil explodes to move machinery, and emits a very toxic byproduct called CO2. Carbon is incredibly dangerous to the earth's atmosphere, and erodes huge holes in the ozone layer of our earth. This erosion causes global warming and climate change that is permanent and irreversible. The impact of global warming will not only ...
The worst imaginable environmental catastrophe that could occur in Maryland has just become a reality. The lifeblood of Southern Maryland's Watermen has been forever affected. The ecosystems of the Patuxtent River and Chesapeake Bay have been irreversibly contaminated. The Three Mile Island and Chernobyl Nuclear Accidents have affected the world ecosystems; but the Chalk Point oil spill has reached us here in Southern Maryland. The ethical considerations with generating electricity from fossil fuels, specifically oil, has a profound impact on us all. We all use electricity to make our lives easier and more productive. By using this electricity have we given our permission for the oil companies free reign in order to provide us with the service we demand?? Are we just as responsible for the oil spill as the corporate leaders who run the companies? As citizens we are in a position to develop and enforce regulations to protect ourselves. Do we also protect the environment; or is the environment just something for us to use? These and many other moral dilemmas exist for modern man.