Oil Spills And Its Impact On The Environment - 2445 Words

Oil Spills, their impact on the environment, and the great loss of human and marine life are a severe problem for the oil industry, one which needs to be prevented in the future. Oil production and transportation at sea has grown to inconceivable levels. Increasingly, as a society, we are having larger and more numerous oil spills which in turn cause an increase in danger for marine life and human life, even though laws and regulations regarding the extraction and transfer of oil are becoming increasingly complex and thorough. Oil has is the lifeblood of our economy and has a long history as a source of heat and light, and more recently it is the main source of fuel that is used in transportation, and thus it maintains its presence as the lifeblood of our economy. The sheer quantity of oil now being transported by sea has increased in volume by huge factors, and the size of the rigs tankers used to extract and transport the oil has seen steady increases, which gives the possibility of larger environmental disasters due to spillage by accident or due to operations. Due to increasing population and booming economies, and despite the increasing demand of green energy, the world still sees a need for increasing demand in oil supplies. Only very recently has it begun to slow down in some parts of the world that have traditionally been major consumers of oil. The US National Research Council (2003) has released some stats on how much oil consumption has increased since 1970:Show MoreRelatedMarine Oil Spills En vironment Impact3409 Words   |  14 Pages13th National Plan Environment and Scientific Coordinators Workshop 2004 The Environmental Impact Of Marine Oil Spills Effects, Recovery and Compensation Dr. Brian Dicks Technical Team Manager, International Tanker Owners Pollution Federation Ltd Paper presented at the International Seminar on Tanker Safety, Pollution Prevention, Spill Response and Compensation, 6th November 1998, Rio de Janeiro, Brazil INTRODUCTION The short-term effects of oil spills on marine species and communities are wellRead More Impact of the Deepwater Horizon Oil Spill on the Environment1549 Words   |  7 PagesThe Deepwater Horizon spill occurred on 20 April 2010 and was caused by an explosion on the Deepwater Horizon drilling rig that killed 11 workers and injured 17 more. 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Some of these impacts on the environment may be caused by natural factors for example, fires, floods, hurricanes, tornados, etc. Unfortunately, there are manyRead MoreHuman Health Risks And Socio Economic Problems Associated With Petroleum Exploration And Production Activities Essay1315 Words   |  6 Pages2.2.4 ENVIRONMENTAL ISSUES, HUMAN HEALTH RISKS AND SOCIO-ECONOMIC PROBLEMS ASSOCIATED WITH PETROLEUM EXPLORATION AND PRODUCTION ACTIVITIES Petroleum E P Activities are characterized by all forms of environmental impacts at different levels of its operations ranging from exploration, development and production, transportation and distribution, marketing, decommissioning and rehabilitation. At the exploration phase, there are the disturbances of forest and ground surface from related activitiesRead MoreOil Spill Response And Cleanups Help The Economy1166 Words   |  5 PagesWhile oil spill response and cleanups help the economy by creating jobs, oil companies should take better precautions to make sure oil spills do not happen. Oil spills can be dangerous to not only the environment but also to animals and people as well. Another major effect of oil spills are that they are highly expensive, costing up to billions of dollars, estimated, to clean up. While oil companies try their best to prevent these tragedies from happening, there are multiple things they could doRead MoreTo What Extent Are the Environmental Impacts o f the Global Increase in Demand for Oil Acceptable?1736 Words   |  7 Pagesthe environmental impacts of the global increase in demand for oil acceptable? [15 marks] After the industrial revolution, the demand for oil has been increasing globally. Over 100 million tonnes of oil are transported around the world on average a day. There are countries like the US which consume almost one quarter of global oil output, which must be supplied from oil reserves, usually from countries like Saudi Arabia (Guinness, 2011, p. 245). This shows that the topic of oil consumption is a globalRead MoreStrategic Management : The Oil And Gas Industry1638 Words   |  7 Pages It is evident that one of the most important industries in the world is the oil and gas industry. This industry has a major impact on everyone’s lives by providing services such as transportation, heating, electricity fuels, blacktop, lubricants, and propane. The oil and gas industry also has an influence on national security, elections, geo politics, and international conflicts (Inkpen and Moffett). The prices of oil and gas are the most closely watched prices in the global economy (Inkpen and