A Summary On The Role Of Fracking - 801 Words

A summary of current viewpoins on the role of fracking given the recent drop in oil prices. Over many decades oil has supplied the global market with a realatively inexpensive method to provide energy and countless products. Without oil the world would not be as well developed as it is today. Large countries such as the USA and China thrive off oil and without it would come to abrubt halt. [1] Saudi Arabia is in possession of vast quantities of crude oil, currently larger than the US. [2] Due to the ease of access for Saudi Arabia to extract their oil, they have much lower production costs, giving them the flexibility to sell their oil at much lower prices. [3] This has forced many international oil companies to match these low prices to stay competitive. As other companies are not able to produce oil at such low prices they are forced into smaller profits, making extraction more costly. [4] Oil can be categorized into two categories, conventional and unconventional. Convenional oil is extracted via straightforward vertically drilled wells inland and offshore from oil pools. Globally the conventional oil production is on the decline. Unconventional oil is extracted from pourous shale rock formations, that act like sponges and soak up oil, making it more difficult to extract. Methods of extraction include horizontal drilling and hydraulic fracturing. Due to the complexity in prodcution, unconventional methods are more costly than conventional ones. Currently unconventionalShow MoreRelatedWater Contamination Caused By Hydraulic Fracturing1505 Words   |  7 Pagesa fossil fuel that plays a critical role in the demand and supply of energy in the United States. It is considered to be a clean burning transition fuel. Compared to coal and oil, natural gas combustion does not generate as much pollution and is therefore considered an ideal partner for renewable energy resources . Natural gas is extracted from shale formations underground that require horizontal drilling and hydraulic fracturing – â€Å"hydrofracking† or â€Å"fracking†. This drilling and extraction methodRead MoreNatural Gas Is A Clean Burning Transition Fuel1141 Words   |  5 Pagesis a fossil fuel that plays a critical role in the demand and supply of energy in the United Sates. It is considered to be a clean burning transition fuel. Compared to coal and oil, natural gas combustion does not generate as much pollution and is therefore considered an ideal partner for renewable energy resources. Natural gas is extracted from shale formations underground that require horizontal drilling and hydraulic fracturing – â€Å"hydrofracking† or â€Å"fracking†. This drilling and extraction methodRead MoreHydraulic Fracturing, The Advantages And Disadvantages2628 Words   |  11 Pages Understanding Hydraulic Fracturing, The Advantages and Disadvantages Prepare By: Dennis Lacerte Submitted Date: December 3, 2014 Contact Information: djamesl@rams.colostate.edu â€Æ' Table of Contents EXECUTIVE SUMMARY 2 INTRODUCTION 2 HYDRAULIC FRACTURING PROCESS 3 ENERGY CONVERSION AND PRODUCTION PROCESS 6 ENVIRONMENTAL AND HEALTH EFFECTS OF HYDRAULIC FRACTURING 7 LAND AND RESOURCE EFFECTS 7 ATMOSPHERIC EFFECTS 8 WATER EFFECTS 8 HEALTH EFFECTS 9 HYDRAULIC FRACTURING ALTERNATIVES 9Read MoreFracking: Natural Gas1936 Words   |  8 PagesFracking is a modern technique to explore natural gas through a controversial procedure. The controversy about scientific evidence for the impact of fracking has raged unabated for over a decade. It has now become one of the most popular debates between the supporters of Greenpeace or environmentalists and the energy companies. Now it’s a centrepiece of discussion in the context of the energy solution and considered as a really important source of energy by last few decades. Recent developments inRead MoreFossil Fuels Is The Next Great Thing1784 Words   |  8 Pagesexample for oil would be fracking. Fracking is where thousands of pounds of water, sand and chemicals are forced down the well to rupture rocks that hold oil and gas (Extreme, 2015). Fracking causes major destruction to land; especially in the back yards in Pennsylvania. Natural gas is also extracted using fracking, but there are other ways as well. During the fracking the toxic chemicals can find their way to water ways and contaminate them. For both natural gas and oil fracking is a temporary solutionRead MoreFracking Transportation And Modeling : A Literature Review3710 Words   |  15 PagesFracking Transportation and Modeling: A Literature Review Table of Contents 1.0 Introduction 3 2.0 The impact of fracking on transportation: An overview of national, regional and safety challenges 4 2. 1 National challenges 4 2.2 Increasing safety Concerns 6 2.2.1 Pipeline safety issues 7 2.2.2 Railroad safety issues 7 2.2.3 Barge safety issues 10 2.2.4 Trucking safety issues 10 2.2.5 Safety concerns and impact on mode split 10 2.2 Regional challenges 11 3.0 Modeling fracking transportation needs:Read MoreFracking4932 Words   |  20 PagesEconomic Boom (2013) and eleven other business books. He won the Gerald Loeb Award, a recognition of excellence in journalism, especially in the fields of business, finance and the economy.1 Morris defines hydraulic fracturing, more commonly known as fracking, as the process to extract gas from naturally occurring underground deposits of shale by injecting a mix of water and chemicals through directional drilling which forces open fissures in the rock and releases methane gas.2 In recent years, high productionRead MoreAustralian Economics Effects On The Mining Industry Essay1472 Words   |  6 PagesSummary: By 2016, Australia assess that mining had raised genuine per capital household extra income by 13%, raised genuine wages by 6% and brought down the unemployment rate by around 1 ¼ rate focuses. There have additionally been cost. The mining has prompted a huge valuation for the Australian dollar that has weighed on different enterprises presented to exchange, for example, assembling and farming. The world price of Australia s mining exports has more than tripled over the previous decadeRead MoreU.s. Lng Exportation Policy And The Wto8704 Words   |  35 PagesOIL AND GAS REVOLUTION AND THE US ECONOMY 11 (2013). 9. See, e.g., AM. PETROLEUM INST., WHAT Is FRACKING AND UNCONVENTIONAL OIL AND NATURAL GAS DEVELOPMENT? (2013), available at http://www.api.org/-/media/Files/Policy/Hydraulic-Fracturing/What-is-Fracking.pdf; IHS, supra note 8, at 53-54. 10. See, e.g., Russell Gold, Colorado Community Passes Fracking Moratorium, WALL ST. J., Nov. 15, 2013, http://online.ws.com/news/articles/SB10001424052702303789604579199811796359826;Read MoreCommunity and Population Health Task I4979 Words   |  20 Pagesmonitoring pollutant levels, issuing permits, and constructing models of air pollutant levels in the Denver area (Department of Environmental Health, 2014a). In February 2014 Colorado became the first state to regulate methane emissions from hydraulic fracking (Kroh, 2014). This new regulation will directly increase water quality and decrease smog in the Denver area. The Department of Environmental Health (DEH) is responsible for monitoring the quality of water in Denver’s lakes and streams. The DEH collects

Hospital Trends in The Current Economic Environment Essay

Hospital Trends 1. How is the current economic environment affecting hospitals? According to the article, â€Å"The Economic Downturn and Its Impact on Hospitals†, the current economic environment is affecting hospitals and other heath care facilities in a number of ways. The most common issue relates to inability of the hospitals to obtain and secure relevant financing that enables health institutions to meet their daily obligations. Since most payments in hospitals lags behind the amount expected to deliver health care, most of the times hospitals are forced to borrow funds from financial institutions to meet their operating expenses. With this issue of economic downturn, borrowing funds from financial institutions has become very†¦show more content†¦Hospitals need to analyze their services and health programs, and only engage in activities which are beneficial and cost effective to them, taking into consideration the wellbeing of the patients (TREADWATCH, 2009). The current Hospi tals goals should be changed to focus on making health care affordable to all, by categorically making their patients to adopt government insurance programs, which are more stable and with fewer risks of problems associated with economic down turn. Hospitals should also adopt effective management systems, which would make them more competent in managing their debts and cash. The health care institutions should establish other money generating programs in order to reduce their over dependence on loans from banks. Health is something important for a given nation, and the entire globe for that matter. This means that it would be necessary that a proper method for financing healthcare be formulated towards ensuring there is a proper health structure. This is the main reason why innovative finance comes in as a very good approach towards effective health .Innovative financing is a modern approach that has been noted to come with a number of possibilities towards increasing overall econom ic development while bringing in positive possibilities which can effectively accelerate all the measures and processes put in place towards poverty reduction (Primer, 2007). 3. What similarities andShow MoreRelatedHealthcare Industry in the United States1315 Words   |  5 Pagesthe healthcare industry in United States of America will go through three stages of evolution. Already through the first stage, this industry will restructure within an atmosphere marked by ambiguity in the regulatory environment, sustained scientific advancement, global economics and digital transformation. By 2030, the health care industry will be drastically different from today and ever more complexly tied to the global health market and its population. 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There are currently four main trends that have emerged from the current climate and population changes: migration, declining fertility rates, aging and declining population and urbanization (MacPhail). Migration is the movement of people from one place to another and it happens for a variety of reasons (â€Å"Migration Trends†). People migrate because of economic opportunities such as higher wages

Modern youth subculture free essay sample

There are a valuable dominant , or core of culture, and next to it a number of subcultures formations in any culture. The question arises(is) what the subculture is. It was assumed that subculture is a subsystem of the whole system of culture. But, there is no any well-established system of views on the appearance of subcultures nowadays. Every science interprets this concept and describes it room the point of their subject and methodology.Subculture usually a special case of culture in general. It is always different with its some locales and reticence to a certain extent, in varying degrees, is loyal to the value system of the dominant culture, although there are exceptions . Youth subculture is a special case Of manifestations(display) Of subculture in general. Epithet of youth immediately defines a cultural niche that is occupied by people united on the principle of age. In this case, the age an important demographic characteristics. We will write a custom essay sample on Modern youth subculture or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The special psychology of age in ultra is undeniably important, as it seriously influences the mentality and spirituality.Youth subculture is born and exists in connection with the specific needs of young people to socialize and at the same time to assert themselves actively. It was assumed(considered) that young people in the life of those rules and regulations, which were professed by their ancestors. Youth often characterized categorical judgments, perfectionism, rejection councils, their subordination existing burdens models of social development, they are characterized by dynamism, openness to the world, eighteen emotionality, romantic aspirations, etc..At the heart of youth subcultures there is a special way of relating to the world with its system of spiritual values. Youth subculture is a special way of life that is divided mainly living them directly or sympathizers. Youth subculture it is nothing but a form of self-expression of young people, expression of their goals in life: to change the world, their life, refuse from the social canons, approve alternative life attitude in relation to the(with) pre-existing etc . Public opinions about the different kinds of youth subcultures are different.Some people imagine it as any unusual behaviors of youth social deviation, imitating the West, idleness, and therefore subject to elimination. Others believe that young people are trying (let in somewhat exotic way) somehow to express himself, his attitude and say something about himself to society- -? and because it borrows from its Western counterparts Having considered the youth subculture hip-hop in Russia and Gyrations, we can conclude that almost everything about this subculture, including its language is really borrowed from subcultures hip-hopwhich is originated LISA.