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How Did Bp Stand For British Petroleum

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BP Gas, starting in 1908 at a part of Persia after a long and difficult search. BP stand for British Petroleum, BP brand was originally created by a German firm of marketing its products in Britain. During the war in 1917, the Public Trustee sold them to Anglo-Persian. After the war Anglo-Persian was causing engine problems in colder climates, it started to do a research to address improvement. Since after the improvement gas and electricity would replace kerosene for home and others heating, and the age of the automobile would truly begin. In the 1920, the BP brand has grown to become recognized worldwide for quality gasoline, and alternative sources of energy. Why I had picked BP to invest? There are a lot of good reasons that makes me pick BP. First, gas is something I am using every day, as driving my car to work every day to get my income. Therefore, I believe that gas stock will increase in the future. Unite State shale gas will increase around three-quarters as the total of the Unite State gas production in 2035. Secondly, there is also some personal reason that make me pick BP, as the best rewards program that BP offer to their customers. BP Driver Rewards is one of the offer, earn 10 cents off per gallon for every $100 of spending on BP fuel. BP Visa cardholders, earn 25 cents per gallon when every …show more content…

Our population is going to increase by around 1.5 billion people to a nearly 8.8 billion people by 2035. Therefore, the growth in the world economy means more energy and gas are required. Around one-fifth of the population growth, increase will come from China and India. Plus Africa population might increase 30% more people than China and 20% more than India by 2035. US shale gas is expected to grow by around 4% p.a. over the Outlook. This causes US shale gas to account for around three-quarters of total US gas production in 2035 and almost 20% of global

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The Marcellus Shale It is the largest source of natural gas in the United States, and is located in Appalachian basin which stretches from Tennessee to New York and covers West Virginia, Ohio, and Pennsylvania. The Marcellus Shale has a lot of marine sedimentary rock because of the different sea level changes 400 million years ago that deposited minerals. It contains black shale and lighter shale mixed with limestone .It has many benefits, but it comes with disadvantage disadvantages. For humans to get access to the natural gas they have to drill deep into the ground and create a well which can go from 5,000 to 9,000 feet deep. They use a method of drilling called

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This is not sustainable now, let alone when there will be 11 billion people on this planet. Rosling said, “ The challenge of population growth has already been solved. The number of children has stopped growing, and for the challenge of climate change. We can still avoid the worst, but that requires that the richest, as soon as possible, find a way to set there use of resources and energy at a level that step by step can be shared with 10 or 11 billion by the end of this century”. It is crucial for the United States and other countries to lead the way.

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With the increased scale of fracking in Texas, one might wonder if the oil boom is affecting our water supply. The value of water in Texas is deeply cherished considering Texas’s dry climate and long-standing droughts. One may even wonder if Texas is valuing its water as much as it is its oil. As research furthers, we can begin to weigh the positive and negative effects of oil fracking. By providing overwhelming data on oil fracking

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With that knowledge and knowing that Marcellus Shale operation planned to construct up to 200,000 new wells, means that 190,000 leaky wells could very well be in operation in one year (Nikiforuk 24). Now there are some arguing that it’s just as, if not worse than fracking. Jeff Tollefson, states that methane pollution in the air is just as bad. “[there is] hard evidence that the cleanest-burning fossil fuel might not be much better than coal when it comes to climate change” (1). He continues by saying “methane is some 25 times more efficient than carbon dioxide at trapping heat in the atmosphere” (2).

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But by 2010, that number had almost doubled to 510,000, according to the U.S. Department of Energy (DOE). And every year, about 13,000 new wells are drilled. According to a 2014 a study, at least 15.3 million Americans have lived within a mile of a fracking well that has been drilled since 2000. The areas where fracking is most profitable include the Great Plains from Canada south into Texas, the Great Lakes region and an area known as the Marcellus Shale, which reaches from central New York into Ohio and south to Virginia, according to the U.S. Energy Information Administration (EIA).

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The industry outlook for energy is mixed as oil prices have rebounded and new alternative energies are coming to market. Interestingly, oil demand continues to increase, while growth is likely to slow as new efficient technologies shape the industry. Energy prices are expected to increase in the coming years as oil inventories decrease from record-high levels as production outputs are reduced. Growth in the energy sector will primarily be driven from billions of people in emerging economies moving towards higher income paying jobs. China and India will play a major role in the energy sector as these two emerging economies develop and require more energy.

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If the world’s population continues like this, we could be looking at another world war. The Earth’s natural resources in the 1900’s were just beginning to be used in the everyday life. In 1900, the percent (on a per-weight basis) of non-renewable resources reached just below 60% and soared to almost 95% in 1960 and

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Population growth has not come to an end; population growth is still greater than experienced in the 70’s. Most of the human population growths occur in LDC’s increasing by about 76 million people every four years. Because of the rapid population increase, they attract political attention. Countries now that experience low population growth rate, meaning not many children are being born, that means older people outnumber older people. The Earth is known to providing room for food and about 50 percent of people are growing their crops/cereal grains that feed billions of people.

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I've already noticed that Macondo Prospect was powered by BP, making BP the most interesting company for my research. However, there are other companies that have performed operations to establish this source of oil. BP has leased the Macondo well from Transocean so we can identify Transocean as the owner of the well. BP held only 65 percent of the Macondo prospectus and we can identify the Anadarko Petroleum Corporation and MOEX Offshore as the other owners, with a 25 percent and 10 percent stake in the Macondo oil

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By 2050, an expected rise in global population from six

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By 2030, just fourteen (14) years from now, our global population is expected to increase to 8.5 billion. That’s an increase of 1.2 billion people before I turn thirty (30) years old. By the time I’m 50, world-wide population could increase to 9.7

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For the citizens, “fracking will give them jobs so they can make money and support their families” (Rogowsky). Furthermore, with the addition of fracking “the United States can get about 1.8 trillion barrels of shale (“sedimentary rocks that have rich sources of petroleum and natural gas” (Rogowsky)) a year compared to Saudi

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As the population of the world grows, the resources supporting it will shrink. As John F. Kennedy said in his famous

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The population reached seven billions in 2011 and it will keep on rising from there. The population grow so rapidly over the past years that the demand for food rises. Most of this population grow happens in Asia and Africa countries which is also where most of poverty happens. “Demand for food is projected to double by 2030 and 20 percent of that increase is attributed to population growth” (prb). Food does not get to contributes evenly around the world and causes some countries left out.

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The current global situation regarding the global population and food production is that there is in fact enough people to feed everyone but there is still 815 million people starving in the world. By 2050 people will have to produce 50 percent more food globally to feed everyone. World hunger is still affecting about 11% of the population globally. From 2015 to 2016 itself world hunger and undernourished people has increased by 777 million to 815 million in 2016. The two major school concerning population growth both have aspects that can be considered correct and incorrect.

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