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Free research papers and essays on topics related to: opec

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  • Got Those Opec Blues Again And Rational Exuberance - 738 words
    "Got Those Opec Blues Again" And "Rational Exuberance" "Got those OPEC Blues Again" and "Rational Exuberance" SUMMARY Since March of 1999, when the price of West Texas Intermediate crude oil was at $13 a barrel, we have seen a steady increase in prices in all phases of the economy. OPEC, the organization that is largely responsible for setting production goals in the Middle East, was under fire to find ways to increase prices. OPEC members at this time "pledged to cut back the supply of crude and push oil prices higher." (Business Week, 48) The results were better than most expected: crude oil prices were almost $27 a barrel on November 23, 1999, the highest price since the 1991 Gulf War. (B ...
    Related: blues, opec, rational, monetary policy, business week
  • Crimes Of Cia And Opec In 1975 - 1,515 words
    Crimes Of Cia And Opec In 1975 The Crimes Of The CIA OPEC Stalling On New Price Oil 1. Intro A. Why the events were important B. The basic problems that came with these events C. Why they could have happened 2. Paragraph 1 A. Rockefeller Papers B. How it influenced the people about the accusations 3. Paragraph 2 A. CIA incidents B. What they were accused of C. The accusations 4. Paragraph 3 A. OPEC B. Describe the events that lead up to this C. Why OPEC decided to do this D. US response to the oil prices 5. Paragraph 4 A. How these tie together or how they don't B. Influences on society C. Over all reactions 6. Conclusion A. Bring together all thoughts B. How some of this could have been sol ...
    Related: opec, government officials, south east, washington post, till
  • 100 Years Of History - 1,762 words
    100 Years of History CURRENT EVENTS: 1945-1996 1945 On April 12 Harry S. Truman became President of the United States of America., In Washington, D.C. On August 6 at 9:15 a.m. US fighter planes dropped an Atomic Bomb on Hiroshima Japan. In Berlin, Germany on April 30, Adolf Hitler was found dead, Hitler committed suicide. 1946 On October 16 in Nurenburg, 9 Nazi war criminals were hanged for the crimes during WW II. On April 25 Big Four Ministers met in Paris to finalize a treaty with Germany, to end WWII. In Austria Queens New York, on October 22, Chester Carlos tried his experiment that is commonly known as the Xerox machine. 1947 On November 20, in England, Queen Elizabeth gets married to ...
    Related: history, south korea, force base, jackie robinson, meter
  • Analyzing Persian Gulf Crisis Between Iraq And Kuwait - 508 words
    Analyzing Persian Gulf Crisis Between Iraq And Kuwait In analyzing the Persian Gulf Crisis originally between Iraq and Kuwait, one must first understand the factors that contributed to the conflict. In 1980, Iraq carried out a major air and land attack on Iran. For eight years, the Iran-Iraq War grew more intense, until the U.S. "accidentally" downed an Iranian plane, killing 290 passengers. Three factors contributed to this war: (1) territorial dispute, (2) religious disputes between Islamic moderates and fundamentalists, and more importantly, (3) a personality conflict (also known as ego-mania) between Saddam Hussein, Iraq's president, and Ayatollah Khomein, the leader of Iran. During this ...
    Related: analyzing, crisis, gulf, iran iraq, iran iraq war, iraq, iraq war
  • Black Gold Texas Tea - 1,270 words
    Black Gold Texas Tea Trevor MacKenzie Black Gold the Texas Tea In this paper I will touch on topics of oil prices, the demise and growth of oil companies large and small and international oil regulators, natural oil deposits and their locations and life expectancy, and the future of the oil industry and all it effects. I have chosen to write on this topic because of personal interest in the worlds biggest resource, oil. In past years I have thought of how the modern world revolves around certain elements and ideas, one of these is oil. I wanted to try to get answers to questions I have had about How long can we keep extracting oil from the Earth? and How will people overcome a worldwide comp ...
    Related: black gold, texas, petroleum exporting, life expectancy, ozone
  • Black Gold Texas Tea - 1,205 words
    ... w used to locate oil deposits on land and in deep offshore fields. Two major new sites that are being tapped for oil is the Gulf of Mexico and offshore of West Africa. In the Gulf of Mexico 5.9 million acres off of Alabama and the Florida panhandle will be sold for development by December 2000. Areas around this huge plot have been drilled, but the new developments mean that we need to expand our search and extraction of oil. The seas off the coast of Nigeria (Africas biggest oil producer) is another major site for new development. Triton Energy made a major discovery on the southern part of a 125-mile long strip of undeveloped oil fields. Technology of drilling in offshore wells has adv ...
    Related: black gold, texas, department of energy, press international, colin
  • Cannabis Hemp Marijuana - 2,262 words
    Cannabis Hemp. . .Marijuana! Article copied work for work from April 1990 Issue of High Times Magazine pages 37-41 and page 57. "OUR CHALLENGE TO THE WORLD: TRY TO PROVE US WRONG-- If all fossil fuels and their derivatives (coal, oil, natural gas, synthetic fibers and petrochemicals) as well as the deforestation of trees for paper and agriculture (e.g., Brazilian & Indonesian rainforests), are banned from use in order to save the planet, preserve the ozone layer and reverse the greenhouse effect with its global warming trend: Then there is only one known renewable natural resource able to provide all(underlined) of the following goods and essentials such as paper and textiles; meet all of th ...
    Related: cannabis, hemp, marijuana, stock exchange, true meaning
  • Cannabis Hemp Marijuana - 2,195 words
    ... lity is strong enough that we must try. Ultimately, the world has no other rational environmental choice but to give up fossil fuel. ENERGY SECURITY At this point, we can tell OPEC goodbye forever. The national balance of payments deficit is cast by the wayside and your personal energy bills can by cut by at least 50%, and perhaps as much as 90% with biomass from hemp and recycled waste. No more elderly or poor people freezing to death or living in misery in the winter. If introduced to Third World nations, hemp biomass could drastically cut our overseas aid and reasons for war, while raising the quality of life there by quantum leaps. The world's economy will/should boom as it never has ...
    Related: cannabis, hemp, marijuana, marijuana prohibition, u.s. government
  • Collective Bargaining - 1,232 words
    ... al value of those wages dropped. It was during the era of the National Wage Agreements that inflation rose to 20%, days lost through strikes increased and unofficial strikes increased (Gunnigle et al, 1995). Although this may seem that this type of collective bargaining had a bad social influence, it must be noted that the OPEC recessions of the 1970's would have had been a contributing factor to all of the above. In 1987 the government, trade unions and the FUE negotiated the PNR. Other than the provisions for pay increases, social issues were taken into consideration: 'The programme was to cover the period up to the end of 1990 and entailed the following provisions: -The creation of a ...
    Related: bargaining, collective, collective bargaining, social aspects, social welfare
  • Federal Reserve Monetary Policy - 3,287 words
    Federal Reserve Monetary Policy If taxation without representation could rally the colonists against the British Crown in 1776, tight money and ruinous interest rates might be cause for populist revolt in our own day. Federal Reserve monetary policy also has severe social burdens, measured by huge changes in aggregate output, income, and employment. The imperious Fed, much like the English Crown two centuries ago, formulates and carries out its policy directives without democratic input, accountability, or redress. Not only has the Fed's monetary restraint at times deliberately pushed the economy into deep recession, with the attendant loss of millions of jobs, but also its impact on the str ...
    Related: economic policy, federal budget, federal funds, federal government, federal open market, federal open market committee, federal reserve
  • Global Warming - 1,345 words
    Global Warming The humanity is currently facing one its biggest problem ever. Indeed, the Earth is warming and consequences might be devastating for the future generations. There is a general agreement among scientists that Earth's climate is being affected by industrial society. Industry affects global climate by releasing greenhouse gases (GHGs). The most significant GHG is carbon dioxide (CO2). While some GHGs occur naturally, others are released in the atmosphere by certain human activities such as the burning of fossil fuels, deforestation activities and some agricultural practices. These activities affect climate by increasing the so-called 'greenhouse effect'. GHGs concentrate in the ...
    Related: global climate, global warming, warming, more important, new zealand
  • Islamic Banking - 1,523 words
    ... ed in three areas: investment, trade and lending. Investment financing: This is done in three different ways: 1. Musharaka (venture/equity financing) where a bank may join another entity to setup a joint venture, both parties participating in the various aspects of the project in varying degree. Profits and losses are shared in a pre-arranged fashion. The venture is an independent legal entity and the bank may withdraw gradually after an initial period. 2. Mudarabha (trust financing) where the bank contributes the finance and the client provides the expertise, management and labor. Profits are shared by both the partners in a pre-arranged fashion, but when a loss occurs, it is completely ...
    Related: banking, banking system, islamic, islamic banking, liquidity ratios
  • Nuclear Power: Cons - 1,137 words
    Nuclear Power: Cons In our society, nuclear energy has become one of the most criticized forms of energy by the environmentalists. Thus, a look at nuclear energy and the environment and its impact on economic growth. Lewis Munford, an analyst, once wrote, "Too much energy is as fatal as too little, hence the regulation of energy input and output not its unlimited expansion, is in fact one of the main laws of life." This is true when dealing with nuclear power. Because our societies structure and processes both depend upon energy, man is searching for the most efficient and cheapest form of energy that can be used on a long term basis. And because we equate power with growth, the more energy ...
    Related: cons, nuclear, nuclear energy, nuclear power, business world
  • Oil And Gas: How Both Affect The Economy - 702 words
    Oil And Gas: How Both Affect The Economy The economy is affected by many factors that determine if it is strong or weak. These factors have to do with buyers consuming goods and services and at what rate they do this. Do the goods and services that are consumed by people created wealth, jobs and a better overall economy for a country. Throughout history some economies have evolved faster and stronger than others. Policies that the government places on industry, technology and the environment can all affect the prosperity of an economy. Of the factors that affect economic growth the industry of Oil and gas is one that holds a stronghold in the world's and America's economy today. When evaluat ...
    Related: american economy, economy, per capita income, economic growth, driving
  • Oil In April 2000 - 587 words
    Oil In April 2000 W A S H I N G T O N, April 6 The good news for consumers is gas prices are anticipated to drop this summer. But the bad news is the decline will be slow. With an increase in international oil production as a backdrop, the Energy Department today dramatically revised its forecast for summer gasoline prices. The agency said prices should peak later this month and begin dropping sometime in May, averaging about $1.46 a gallon throughout the summer. Even Cheaper Fall Prices And theres even more good news: Gasoline prices may dip lower still by fall, according to the agency. Prices may fall to a national average of $1.39 after Labor Day, the departments Energy Information Admin ...
    Related: short term, information administration, risk management, administrator, capacity
  • Opening Alaskan Oil Fields - 513 words
    Opening Alaskan Oil Fields Opening the Alaskan Oil Fields is the Right Thing to Do Energy is precious to the American way of life. Without sufficient amounts of energy, Americans would not have the privileges and opportunities that transportation and electricity give them today. In order to possess a sufficient amount of energy, America needs a reliable and renewable source of energy. The oil that lies beneath the Alaskan Coast Plain would yield this amount. Since a domestic resource of energy would establish a safe and secure distribution of oil in America, many beleive that drilling in this area would be exceptionally promising. To ensure smart energy use in the United States, the governme ...
    Related: alaskan, last year, geological survey, national security, helpful
  • Rise And Fall Of The Nova Scotia Coal Industry - 1,537 words
    ... sulfur dioxide (SO2). This gas is toxic and can be severely irritating to the eyes and lungs. In the atmosphere sulfur dioxide combines with water vapour to produce sulfuric acid which is then removed through precipitation and it falls to earth as acid rain. There are presently methods available that are able to remove some of the sulfur from coal prior to burning but the process is expensive and only partially successful. Another alternative is burning low sulfur coal but more often than not this coal is lower quality coal and more of it must be burnt in order to get the same output of energy (Montgomery, 1990). It is also possible to remove the sulfur gases after the coal is burnt but ...
    Related: coal, coal mining, mining industry, nova, nova scotia
  • Saddam Hussein - 575 words
    Saddam Hussein Saddam Hussein, an Iraqi political leader, was born to a poor Arab family on April 28, 1937. Hussein studied law in Egypt after his attempt to assassinate the premier of Iraq, Abdul Karim Kassem, in 1959. In the summer of 1968, the Baath party returned to power and named Hussein as deputy chairman of the Revolutionary Command Council. Hussein has been described by many as the most powerful person in Iraq because of his intimidation of enemies, careful control of his political power, and his military purges. Saddam finally gained control of the Iraq presidency in 1979. His many goals as President included attempting to increase industrial production, reorganizing government pol ...
    Related: hussein, saddam, saddam hussein, security council, persian gulf
  • Slowing Us Economy - 1,647 words
    Slowing US Economy The article titled 'Fed Unlikely to Alter Course' by John M. Berry of the Washington Post takes an interesting look at actions that Alan Greenspan his colleges of the Federal Reserve have been taking over the last 9 months to slow the economic growth of United States. The astonishing growth rate of 7.3% is fueled by an economy that is in the midst of a "high tech revolution". The article also explores the contrasting view of other economists that say that the Fed has increased interest rates too much in its attempts to slow the economy. The means by which Alan Greenspan and the Federal Reserve have chose to slow the economy is through a monetary policy, or more specificall ...
    Related: american economy, economy, states economy, united states economy, u.s. government
  • The Arctic Circle - 1,126 words
    The Arctic Circle Ditions enclose roughly the same territory, which is somewhat larger than the region bounded by the Arctic Circle, and will be used as the basis for this article.The largest Arctic tundra areas are in Canada, Russia, Greenland (Kalatdlit-Nunat), Scandinavia, Iceland and Alaska.Climate and Land Formation Tundra climate is characterized by harsh winters, low average temperatures, little snow or rainfall, and a short summer season (Goudie 1993). The arctic tundra, in particular, is influenced by permafrost, a layer of permanently frozen subsoil in the ground. The surface soil, which tends to be rocky, thaws in summer to varying depths. The combination of frozen ground and flat ...
    Related: arctic, arctic circle, arctic national, arctic national wildlife refuge, circle
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