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Oil Timeline

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by

Raksha Sachdev

on 17 May 2011

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Transcript of Oil Timeline

Alternative Futures to 2050 PROBABLE Current Situation PREFERABLE ACTION TO CHANGE THE PROBABLE TO PREFERABLE 2015 2020 2025 2030 2035 2040 2045 2050 2015 2020 2030 2040 2050 2025 2035 2045 2015 2025 2035 2045 2020 2030 2040 2050 Oil is a commodity used around the world. The substance is usually one of the most important elements in development of any kind. Our reliability on oil has increased through the years and is currently used in gasoline, propane, ink, detergents, tires, ammonia and many more. Our strong reliance on oil leads the production and consumption of the substance to drastically impact societies, environments and the economy. Oil plays a huge role in the credit crunch, conflicts and environment disasters, making the management of oil a global concern.

Digging for oil is a precise process, which could turn disastrous extremely easily. The search for oil often leads to oil spills due human errors, badly maintained pipes/tanks, natural disasters or even deliberate acts during war. Oil spills tend to disturb environments, and recently in the Gulf of Mexico, 39 million gallons of oil was released making it the largest marine oil spill in American history. The cause of the spill was the result of a drilling rig explosion. The explosion killed 11 workers and injured 17 more. It caused colossal damage to marine life and habitats and decreased the amount of gulf fishing and tourism impacting the economy. In addition, governments play a huge role as they have the power to decide whether oil companies such as Dutch-Shell, Exxon Mobil or Chevron Texaco can drill in their country. The allowance of drilling in the country, usually benefits their citizen; however, if governments become corrupt, citizens suffer harsh consequences. An example of this is in Niger, a country where oil makes up for 80% of their wealth; however, the indigenous Ogoni people believed that oil has ruined their lives and permanently damaged their environment. They have no basic services left and it appears that an additional $280 billion in oil revenues have fallen into the wrong hands, and have not been given to the people. The issue quickly turned violent as eight Ogoni tribe members were hanged for murder for protesting in what they believe in. Above all, oil impacts our standard of living and well being. Oil is extremely efficient and effective; however, these benefits can work against us at times. As the demand for this scarce resource is tremendously high, the market price increases considerably. This affects civilian’s standard of living, as a result of spending significant amounts of money on oil rather than the basic necessities. Additionally, the burning of oil leads to emissions of carbon dioxide and other greenhouse gases. Scientists predict that this will eventually affect the biosphere and climate. Overall, oil is a resource that affects the economy, the environment, societies and well being because of its high demand. If the world runs out of oil as predicted, all our lives will go through a huge change. This change maybe beneficial or detrimental to human kind, but it will definitely make a huge impact and affect a lot of aspects we take for granted. Potential for Developed Arab Countries The oil crisis will worsen after today. As the population increases, the amount of cars in use increases as well, and with limited hope of inventing affordable electric vehicles; the demand for oil increases. Countries rich with oil will benefit from this tremendously as the economy in those countries such as Saudi Arabia will escalate. Most Arab countries will be on the ranks of the most developed countries in the world, improving education, well being and standard of living. Drilling in Alaska With a high demand for oil, companies such as Chevron and Shell have started to drill in various places of Alaska. The previously untouched state is now known for its oil pipes, rather than its spectacular beauty. It is believed that Inuit people are against this, causing much controversy in the United States; however, the authorities have overruled the protest and believe that the drilling will only benefit the state. Oil Spills Since 2015, oil drilling has been taking places in Alaska and Russia. Two regions, rich with oil; however, that is exactly what they have not been. In 2019 and 2020, two big oil spills have occurred, resulting in a huge havoc with the rate of endangered species rising, limited environmental conservation and lack of tourism. Not only has the economy and environment been effected, as a product of drilling, more and more people have detected signs of cancer. Even though, oil companies deny the accusation that drilling causes cancer, countless of people have suffered from the undesirable disease. Corrupt Governments The situation in Niger has escalated. The corrupt government has now ordered for more indigenous Ogoni people to be executed for protests against oil drilling. The completely unethical hanging has caused a huge stir in various places. The country has become poorer than wealthier as a result of this “development”. Worldwide energy consumption is 75% higher than in 2015, increasing the pressure to make alternative fuels. The price of oil is extremely high now, plummeting the economy. With hardly any oil to be found stock markets have crashed and second great depression has began. Similarly to the notorious first great depression, suicide and unemployment have increased drastically. The Second Great Depression Disasters After Disasters In the past few years, the economy is not the only devastating issue. Disasters have occurred all around the world this year. The list below shows all the natural disasters that have occurred and where:
Earthquake in Hawaii
Drought in Egypt
Hurricane in the Caribbean Islands – Hit hardest in the Bahamas
Tsunami in the Philippines
Not only has oil drilling created disasters all around the world, climate has changed drastically. For the first time ever, the world is certain that global warming is not a myth! False Hope The world is finally given hope as an alternative energy is discovered using corn oil. Unfortunately, the fuel is expensive and hardly anybody uses it because of their tragic addiction to oil. Even with hope, countries and governments have become obsessed with the substance. China, the leading the country in oil consumption has declared an outrageous war against Saudi Arabia. The sole purpose of the war comes down to one thing: oil. Fortunately the war was only carried out for 2 days until Saudi Arabia surrendered and gave in to their negotiations for 5 million barrels of oil. Completion of Oil The most feared event has occurred. There is no more oil available on this earth. The upset is making the world’s economy plunge, and the unemployment rate the lowest it has ever been since the 1930s. The Middle East and oil rich countries are most affected by this. The extinction of oil forces humankind to use the alternative fuel, which is assisting the downfall of our economy. Famine Unfortunately, due to the appalling economy and natural disasters, India is facing famine. The countries malnutrition rate is lower than it has ever been. Thousands are dying or are in the process of losing themselves. Discrimination between the classes Natural Disasters CO2 Emissions The gap between rich and poor widens as the economy weakens. In countries such as Thailand and Bangladesh there has been a large segregation between the two classes causing many problems in the workplace. In this year alone there has more natural disasters centering mostly South America. Mexico and Argentina have suffered from storms, but it is still business as usual in that continent. At the moment we have the highest carbon dioxide emissions in the world. Now, that there is no more oil, things are looking better in terms of global warming. Well-being is also increasing in the Middle East and North America. Due to only one alternative fuel, scientists are starting to explore the idea of nuclear energy. Nuclear power plants are reliable, fairly clean and inexpensive, but nuclear explosions and waste is a bigger problem. Even though this idea is not completely out of reach, radiation issues may play a key role, especially as the cancer rate increases. Nuclear Energy Researchers and oil companies have found oil in parts of Russia and more in the Middle East. The amount of oil found is substantial, lowering the price of oil worldwide. The economy begins to stabilize and the economy of Saudi Arabia, Iraq, Iran, Dubai and Russia continue to rise. Thankfully, it does not impact the economy of other countries. More Oil! Kyoto Alternative Fuel Electric Car Perfect Corn Fuel Save the Environment! Business as Usual Middle East Economy Fails – not for the worst The United States of America finally signs and ratifies the United Nation’s Kyoto protocol- A convention attempts to reduce the effects of climate change. Those that sign the Kyoto protocol must limit the amount of carbon dioxide and other green house gases that they release into the atmosphere. With less green house gases, human’s have began to feel more comfortable and relaxed knowing that global warming is a problem that can be fought. It is business as usual this year. After much research an alternative fuel choice is in the midst of perfecting, using corn as its main element. This gives hope to the economy, environment and well being of humans. It is business as usual in all continents, with minor hurricanes and droughts occurring in Sri Lanka, East Timor and Chile. The first fully electric car was made this year at very affordable prices. People purchase the vehicle, but 90% of the world’s population still use gasoline powered cars. The carbon dioxide emissions have decreased drastically and have been the lowest amount in 50 years. No climate change has occurred contrary to popular belief 20 years ago. Corn alternative oil is finally perfected, although it is more expensive than oil, almost 40% of the World’s population is using it, decreasing the demand for oil dramatically. Even though oil is not needed for gasoline, it is still used in other substances. The amount of crude oil left in the world is still very low, but our reliance on the substance has decreased significantly leading us to have a stabilized economy. More oil is found in rural areas of Russia. The discovery does not impact the economy much as the demand for it is not as high. Unfortunately, the economy in the Middle East plummets, leading to famine for a couple of months. However, as oil is not a commodity anymore, conflict has decreased by far in the Middle East increasing their tourism. The tourism benefits compensate for the lack of demand for oil. The amount of natural disasters decreases annually, saving millions of people. Hundreds of animal species have stirred from endangerment, as a result of limited oil spills. Oil companies have decreased sales but are still highly profiting. It is a win-win situation for everybody. With an alternative fuel, less green house gases emissions, limited oil spills, the world is on a good track. It is business as usual with a mixture of technological fix. Oil is hardly a commodity, even though there is a market for it. This year, scientists have found an alternative substance to oil to use in some detergents. Cancer rate is also extremely low and the economy is stable. No Drilling in Alaska One Car Rule Monitoring System Kyoto Protocol Worldwide Protests Electric Car Research & Jobs WNDR Psychological Needs Scientist have Prevailed! Agriculture Animal Conservation Energy Scientists and geologist have conferred and decided to direct their attention to drill in mainly Russia and the Middle East and not Alaska. The protests against drilling were a success and have made sure that this action does not impact animals or wellbeing. To decrease the amount of cars, the United Nations has created another protocol to limit the amount of cars per person to no more than one, decreasing the amount of cars worldwide. A better monitoring system for oil drilling has been introduced by Exxon Mobil, and has avoided the rate of oil spills drastically. In addition, the United States of America has finally signed the Kyoto Protocol from the pressure of their country. This reduces the amount of carbon dioxide and other green house gases. After hearing about the executions in Niger, groups have been running protests against drilling for blood. The worldwide campaign brought a lot of attention to Niger, forcing oil companies to stop drilling in sacred areas to the indigenous Ogoni People. More and more scientists have directed attention to finding alternative fuels using corn as a main element. The research is progressing and is sure to make an impact on the world soon. Additionally, many jobs have been introduced as a result of the new alternative fuel research and have denied unemployment. A new worldwide natural disaster relief or WNDR have just been introduced. The relief team ensures safety after natural disasters to survivors. This is a precaution taken by the United Nations after knowing the dangers of oil drilling. With some countries suffering failing economies, more people have directed their attention to psychological needs. This action was taken to prevent the tragedies of the great depression such as suicide. The electric car is invented limiting the amount of carbon dioxide emissions and other green house gases, decreasing the probability of natural disasters and climate change. Scientists have finally perfected their alternative fuel, giving hope to the world. Those who worked in the oil business are now working in agriculture business, as corn is now a commodity. People are doing well, and the business is going out without a hitch. Fortunately, this business also reduces famine. In this generation a lot of people are worried about the endangerment of animals. The conservation of species has become a big issue, and many animals have been in preservation. Nuclear Energy is determined not be used for research because of the danger risks, Cites Used Images Websites http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2009/6/8/1244500493971/Members-of-Nigerias-Ogoni-001.jpg
http://2.bp.blogspot.com/-MLzKvrjaSYE/TWlqshtcQWI/AAAAAAAAA-s/0w9Z1h0eLW4/s320/alaska%2Boil.jpg
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http://www.exitmundi.nl/oilcrash.htm By Raksha Sachdev
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