superpower‚ oil is an extremely important factor in maintaining that status. The United States and the entire world depend on oil to run their machines and engines. The Middle East produces over 60% of the world’s oil supply. Demands for this oil increases every year. The United States relies on the Middle East for about 14% of all oil needs‚ but that percentage keeps on growing. As disaster and lack of reserves damage our own oil reserves‚ the United States needs more options for obtaining oil. The
Premium United Arab Emirates United States Petroleum
Ethics and the Oil Industry Todd Bosta Monday‚ November 8‚ 2010 Does anybody Care? As the US Economy continues to dive‚ unemployment persists at a level not seen since the Great Depression‚ and the US Federal Government sees fit to continually bailout big business‚ it escapes logic why the cost of oil once again‚ is on the rise. The US oil companies would have us believe it has to do with the Middle East oil producing nations cutting back on production‚ therefore raising
Premium Petroleum OPEC Price of petroleum
decide what qualifies as an environmental issue. The BP Oil Spill has been a huge environmental issue; it was the worst oil disaster in US history. The government estimated up to 2.6 million gallons per day with a total of 205.8 million got into the gulf. Louisiana‚ Mississippi‚ Alabama and Florida all had miles on miles of surface oil problems. BP put nearly 2 million gallons of chemical “dispersants” into the ocean‚ which actually make the oil more toxic to ocean life. It’s considered and environmental
Premium United States United States Environmental Protection Agency
Lessons from the Past The recent major oil spill in the Gulf of Mexico‚ from BP’s Deepwater Horizon‚ has brought the use and effectiveness of bioremediation back into the news. Recruiting bacteria and other microbes to break down synthetic waste is an immensely appealing idea. Putting microorganisms to work in this manner is the crux of bioremediation (Alcamo‚ Weeks‚ 2008). The work to clean up the Horizon spill actually started in the 1800’s when night-soil men would go from house to house and
Premium Water Bacteria Petroleum
British global energy company which is the third largest energy company and the fourth largest company in the world. As a multinational oil company‚ BP is the UK’s largest corporation‚ with its headquarters in London. BP’s headquarters is in Houston‚ Texas. The company is among the largest private sector energy corporations in the world‚ and one of the six private sector oil exploration‚ natural gas‚ and petroleum product marketing companies. Tony Hayward took over as the Chief Executive officer in May
Premium Petroleum Exxon Valdez oil spill
Oil Refinery in India An Industry Overview   Table of Contents INTRODUCTION 2 GLOBAL VIEW ON REFINING 3 INDUSTRY OVERVIEW 4 REGULATORY FRAMEWORK 8 INDUSTRY ANALYSIS 9 FUTURE OUTLOOK 11 REFERENCES 12 "THE ONCE RELIABLE CONSTANTS HAVE BECOME GALLOPING VARIABLES" -ALVIN TOFFLER India the world’s seventh largest country and the second most populace nation has been a destination of unrealized potential. In the recent past it has seen as stir of economic activity changing the prim face of the
Premium Petroleum Oil refinery
BP oil spill is ranked as the largest environmental disaster in the world history. As the oil from BP spill washes ashore‚ people on Gulf Coast are suffering huge damages they have never met before. The U.S. government estimates that up to 60‚000 barrels of oil a day are spewing out from the damaged BP drilling rig to Gulf of Mexico. It has ruined the shoreline‚ killed animal and sea life‚ threaten the ecosystem and harmed the tourism and fishing in Louisiana. After the spilling happened‚ US government
Premium Petroleum Oil platform
Architecture of the oil tanker From Wikipedia‚ the free encyclopedia Oil tankers generally have from 8 to 12 tanks.[1] Each tank is split into two or three independent compartments by fore-and-aft bulkheads.[1] The tanks are numbered with tank one being the forwardmost. Individual compartments are referred to by the tank number and the athwartships position‚ such as "one port"‚ "three starboard"‚ or "six center."[1] A cofferdam is a small space left open between two bulkheads‚ to give protection
Premium Exxon Valdez oil spill Petroleum
safer way of deep ocean oil drilling. He has ordered the immediate inspection of all deep water operations in the Gulf of Mexico‚ enforced that no permits will be allowed for drilling new wells without completing the 30-day safety and environmental review‚ and finally a new examination of the safety and environment procedures for oil and gas exploration and development (Daily Compilation). With this preventative measure‚ Obama hopes to succeed in never allowing another oil catastrophe like this occur
Premium Petroleum Oil spill Exxon Valdez oil spill
www.ProcessEngr.com Oil Refinery Processes A Brief Overview Ronald (Ron) F. Colwell‚ P.E. mol`bpp Copyright © 2009 Process Engineering Associates‚ LLC. All rights reserved. “Excellence in Applied Chemical Engineering” Some Historical Events • • • • • • • • • • • • • • • • • 3000 BC Sumerians use asphalt as an adhesive; Eqyptians use pitch to grease chariot wheels; Mesopotamians use bitumen to seal boats 600 BC Confucius writes about drilling a 100’ gas well
Premium Petroleum Oil refinery