Several large U.S. manufacturers including Dow and Alcoa are strongly opposed to exporting natural gas as it will drive up their production costs‚ thereby increasing the cost of the products that they make. That will make their products more expensive and less competitive. Higher natural gas prices will also mean higher electricity rates‚ which in addition to driving up consumers’ electricity bills will increase the prices of goods and services
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| Fossil Fuel: Natural Gas | Renewable resource: Wind Power | Describe this resource | Natural Gas in a Hydrocarbon gas that is naturally occurring. It consists of mostly methane and is used as fuel for some vehicles and heating the home. | Wind power is one of the cleanest sources of electricity. It usually involves a fan that spins‚ and the energy is transported to a generator. | Advantages of this resource (include at least two) | 1. Very abundant underground.2. Is cleaner than most other
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low returns Difficult to acquire govt. approval for gas allocation Shortage of natural gas in India Production of DAP costly; 65% of requirement is imported Delays in subsidy payments leads to troubles in management of funds Bargaining Power of Suppliers: HIGH: Fertilizers industry is a captive market in India Very limited number of suppliers High prices of inputs and less diversity of inputs Raw materials are scarce being natural resources Heavy dependence on imports for meeting
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failure in Enron that led it into its demise? Enron was formed in 1986 from the merger of natural gas pipeline companies Houston Natural Gas and Internorth. At the time of filing for Chapter 11 Bankruptcy protection in December 2001‚ Enron had a portfolio of diversified activities ranging from the transportation of natural gas‚ the generation transmission and distribution of electricity; marketing of natural gas‚ electricity and other commodities and related risk management and financial services; development
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Thesis: There is major debate both for and against using the fracking method to extract natural gas from the ground‚ but I propose that the federal government establish‚ monitor‚ and regulate environmental and health risks‚ and then create a minimum standard which the states are required to follow. Background: In the 1940’s the Halliburton Corporation developed a process to revitalize well production and prolong the life of wells nearing the end of their production cycle. The fracturing process‚
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hydraulic pressure to the surrounding area until it cracks. The target area for oil and gas drilling companies is in the shale‚ a soft layer of sedimentary rock broken apart by using a mixture of 98% water and 2% chemicals. These chemicals range from household cleansers to toxic chemicals‚ and is added to nearly 4 million gallons of water per drilling well. By using this mixture and pressure the shale is cracked releasing gas and oil reserves trapped inside. Fracking has been proven to cause earthquakes‚
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crevices‚ at extremely high pressures.1 This is done in order to literally open the rock up‚ thereby releasing the natural gas that is present in them. This process‚ however‚ has recently become more intense. As a means to be able to drill in to the rock a great deal further‚ the drills used have been made to turn up to ninety degrees. 1The outcome is a more substantial and lucrative amount of gas‚ such as sequestrated shale layers that are wealthy with methane. This process is known as horizontal or directional
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the near future the increased need for natural gases will have provided lots of jobs and will have opened up work for many people. The USA is now getting the natural gas we need from our country. Between 2007 and 2011 the amount of natural gas imports could be decreased by 25%. In the far future‚ natural gas prices will have dropped because of the now increasing supply. Also it was stated in the ucsusa website that‚ “Dramatically expanding the use of natural gas to generate electricity creates numerous
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A. Identification of Pollutant in the Atmosphere Carbon Dioxide Carbon Dioxide is a colorless gas having a faint‚ sharp odor and a sour taste; it is a minor component of Earth’s atmosphere formed in combustion of carbon-containing materials‚ in fermentation‚ and in respiration of animals and employed by plants in the photosynthesis of carbohydrates. Though living things emit carbon dioxide when they breathe‚ carbon dioxide is widely considered to be a pollutant when associated with cars‚ planes
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DUTCH SHELL PLC ANNUAL REVIEW AND SUMMARY FINANCIAL STATEMENTS 2011 Our INSIDE ENERGY app for iPad explores the role innovation plays in providing energy to power and sustain people’s lives. Discover new ways of nding and producing oil and gas‚ learn about advances in energy ef ciency and cleaner-burning fuels‚ and meet the people involved in making it happen. shell.com/inside_energy A BOUT THE PHOTOS Energy gives our lives vitality. We eat‚ we work‚ we play‚ we travel‚ we communicate
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