In What Major Ways Synthetic Fuel That Could Supply 25 Percent of U.S. Energy Might Change the External Environment of U.S. Businesses.

Topics: Coal, Petroleum, Automobile Pages: 2 (560 words) Published: May 23, 2012
If synthetic fuel was invented it would change the world economy in many great ways but mainly the U.S. economic would sky rocket. this would allowed for a more consumers era to begging, If we notice one of our greatest downfalls in the U.S. would have to be the uprising of the fuel price. this meant a great deal to a lot of business owner for the simple fact that more of there customer base had decrease after the fuel had took a increase, Synthetic fuel is far more expensive to process and requires a more advance technology to produce it But if oil becomes less and less consume, an increased for synthetic fuel would reach its limitshight to the point where our natural resource would turn into some sort of back up plan. I beleave that we do need the synthetic fuel to be prepare for a not to far futre, if a synthetic fuel does not cross to a demand oil and gas prices can reach unexplainable prices that would definitely lead to a bigger economical downfall. Synthetic fuel is not only better for the environment but it can affect the positively on its relations with society. “National governments and energy companies have been paying more attention to synthetic fuels in recent years, as rising oil prices and political instability in oil-producing countries have created incentitives to seek out alternatives”. (Sailor, n.d.). If synthetic fueal can supply thenty five percent of the US energys resource this would allowed a big break for the external and internal US business environment. The cost of energy would definatly go down this will allowed for more competitive prices in the market place to take actions. If we look at todays life style many consumer rather spend there time shopping online rather than drive a car or go to your local retail mall. Definatly the prize of gas has led to a more conscious individual. The states are now advertising more and more car pool for those individuals which rather save gas to go to work than have the confort of there...
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