Fossil Fuels are the most important energy sources in our world today. Due to the importance of fossil fuels, it made a huge impact on political issues. In this essay, I argue that political pressures surrounding fossil fuels can often lead to unrest and even war. These situations can lead to extreme social hardships. Even if a country is cash rich, the delivery system and dangerous situations involving social unrest may mean that many people never see many of the benefits of fossil fuel money. The overwhelming majority of the huge amount of energy used in the world comes from the burning of three major fossil fuels: coal, petroleum, and natural gas. Fossil fuels are a non-renewable source of energy. They are formed over a very long period of time; the fossil fuels on earth today were formed from plants and animals that lived up to 300 million years ago (Sachs, Jeffery D., Warner, Andrew, p.2) These fossil fuels are found in deposits deep beneath the earth.. Energy is essential to modern society as we know it. Over 85% of our energy demands are met by the combustion of fossil fuels (McKillop A, Newman S, p.148). Due to the importance of fossil fuels, it made a huge impact on political issues. In modern societies, developed society, developing and under developed, fossil fuels take an importance place in remains the stability of society. The Developed society need fossil fuel because it preserve the way of life, remain competitive on the global arena. The developing and under-developed need fossil fuels to increase the standard of living, increase wealth and competitiveness. As we known, fossil fuels are limited and when all the societies (developed, developing and under developed) need fossil fuel the consequence is taking fossil fuels from each other by many ways like coercion, persuasion or trading. For example, U.S.A. imports 55% from OPEC (organization of petroleum producing countries) countries, 29% from Persian Gulf countries (EIA, p1). See that USA and...
Cited: Robinson, James A., Ragnar Torvik, and Thierry Verdier. "Journal of Development Economics." Political Foundations of the Resource Curse. London: CEPR, 2002. 448-68. Print.
Nugent, Jeffrey B., and Malgorzata Switek. "Oil Prices And Life Satisfaction: Asymmetries Between Oil Exporting And Oil Importing Countries." Applied Economics 45.33 (2013): 4603-4628. Business Source Elite. Web. 8 Oct. 2013.
EIA. "Real Value of U.S. Fossil Fuel Imports 1960-2011." Statista RSS. U.S. Energy Information Administration, Sept. 2012. Web. 08 Oct. 2013.
McKillop, Andrew, and Shelia Newman. The Final Energy Crisis / Edited By Andrew Mckillop With Shelia Newman. n.p.: London ; Ann Arbor, MI : Pluto, 2005., 2005. Mercyhurst University 's Catalog. Web. 8 Oct. 2013.
Sachs, Jeffery D., Warner, Andrew, 1995. Natural resource abundance and economic growth. Harvard Institute for
International Development, Development Discussion Paper No. 517.
Please join StudyMode to read the full document