Crude Oil Term Papers Samples For Students

Introduction

According to Alexander (2014), the oil sands of Alberta have around 1.7 to 2.7 trillion barrels of bitumen reserves. The recoverable oil resource in Canada is second only to that of the leading oil producer, Saudi Arabia. The vast oil reserves are capable of supplying Canada’s energy needs for over 500 years. Presently, nearly 40 percent of Canada’s oil production is generated from the oil sands (Alexander, 2014). They comprise mainly of bitumen mixed by sand and water. Alberta’s major oil sands are located in Cold Lake, Athabasca, and Peace River. Different deposits and areas have ...

This paper will cover oil price dynamics for the period starting from 2005 until the present moment of time. Exact price dynamics will be considered as well as a variety of factors influencing the oil price through the above mentioned period of time. The chart showing the dynamics of crude oil barrel price since 2001 is presented in fig. 1.
Figure 1. Dynamics of crude oil price per barrel for the period between January 1, 2001 and April 19, 2016 (Trading Economics, 2016).
Before the period, which is the subject of this paper, the oil price had been nearly ...

Introduction

Economics is that branch of study that deals with how the people and the nation as a whole make choices so that there is optimal use of the resources that this world has given us. While studying economics it is very important to cite real life examples of the theory and analyses studied in the textbook in a classroom environment. Case studies are an important and indispensable part of the study of economics. It gives the student an idea about how the theory or the principle functions in the actual setting. More importantly, it allows us to analyze real life situations ...

According to the Department of Energy, the consumption in the United States of oil products per day is twenty million barrels (Bonsor & Grabianowski, 2012). Out of this amount, close to fifty percent is utilized for motor gasoline. The remaining amount is utilized for jet fuel, distillate fuel oil, and residual fuel among other fuels. One barrel of oil has forty two gallons that yields about twenty gallons of gasoline. Therefore, in the U.S, the daily consumption of gasoline is about one hundred and seventy eight million gallons of gasoline (Bonsor & Grabianowski, 2012). The gas prices affect almost ...

____________ University

Introductory remarks

Alberta oil is one of the largest oil fields in the world. According to Simon Dyer, “The Canadian oil sands are the second largest proven oil reserve after Saudi Arabia” (Dyer, 2009). The commercial development of the Alberta oil sand had begun in the late 1960s. By the time World War I had arrived, and after the war was over, Canada was almost entirely dependent on oil from foreign countries. Canadians, after the war, began to wonder if the nation had any oil resources of their own. This interest led to the creation of the Alberta Research ...

Issue Analysis: Has the China -Saudi Oil Relations Impacted on the Economy of both Countries?

Summary

China has an exceedingly high population, standing at over 1.3 billion people, and this has led to a huge demand of oil for energy production in the country to serve this exceedingly high population. The huge size of the Chinese economy, the second economy in the world in terms of size at the moment, requires billions of barrels of oil to fire it (Al-Tamimi, 2012). The IMF, in 2012 projected that China will become the largest economy in the world by the year 2017, at the earliest opportunity. Saudi Arabia has extensive oil wells harboring billions of barrels of ...

Saudi Arabia, with its huge oil reserves is the main state of the Organization of Petroleum Exporting Countries. From 1992 to 2009 it was ranked first in the world in oil production and exports. Exports of crude oil account for 95% of exports and 75% of the country's income, making it possible to maintain the welfare of the state (International Monetary Fund, 2014).
Foreign exchange earnings from oil reached $ 45 billion US dollars, or about 85% of export earnings in 2013. High oil revenues contribute to accelerated industrial development in the framework of five-year plans. The growth of ...

All rights reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form or by any means, electronic, mechanical, photocopying, recording, scanning
or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States
payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive,
Danvers, MA 01923, website www.copyright.com. Requests to the Publisher for permission should be
addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030-
5774, (201)748-6011, fax (201)748-6008, website http://www.wiley.com/go/permissions.

Printed in the United States of America.

ISBN ...

The Deepwater Horizon oil spill is known as the largest oil spill in history. On April 20, 2010, the explosion of the oil rig killed 11 people working on it and resulted in underwater cameras revealing the British Petroleum pipe leaking of over 4.9 million barrels of crude oil into the Gulf of Mexico. A long distance from the coastal line (approximately 42 miles from Louisiana) and the marine nature of the spill resulted in its longevity – the well was capped in only 87 days after the accident ("Oil Spill Gulf of Mexico 2010."). The scope of the spill ...

Introduction

The Toronto Stock Exchange provides a platform where companies’ stocks and other securities are traded. Listing of companies in the Canadian stock exchange makes it possible for the different stakeholders, that is, the shareholders, creditors, the government, competitors and the general public among others, to monitor performance of companies that are of interest to them. The Toronto stock exchange provides valuable information to both existing and potential investors enabling them to speculate and predict future market trends. Through this information investors are able to know which companies are best to invest in based on the expected returns.

The efficient market hypothesis

The widely known ...

Introduction

Unlike Russia’s European neighbors, supporters of President Vladimir Putin hold a different view of him concerning his rule and power. They view him as a necessary fit and strong leader who suits to lead a country that was previously in chaos. When Vladimir took over power in the nineties, the former soviet countries were weak, disorganized and in chaos. Russia was ailing from a poor economy, high corruption and poor governance. The people then decided that Russia needed a strong autocratic leader who would concentrate his efforts on consolidating Russia, protecting, & expansion of its border and finally improving the economy.

Vladimir’s Succession of Boris Yeltsin

It is for this reason ...