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Monday, January 13, 2020

The Future of Oil

TIME Magazine, titled † The Future of Oil† by author Bryan Walsh which is a senior writer for TIME magazine, covering energy, environment and diseases infers and appraises the future of oil in the aspect of economy, value, scarcity and finding its alternatives. The author reveals and reviews the importance of oils to global economy as well as the urgency on finding another replacement for oil in order to flee the world from over-relying on this non-renewable natural resources.This facts have agonized the world and people starts concerning nice decades ago when people found that the oil is not renewable and not reusable. SUMMARY In the first part of the article, the author reviews the discovery of new plentiful oil sources in the Atlantic Ocean 180 miles east of ROI De Jeanine could producers,OHO barrels of crude a day, yet it is still disproportional to the demand all around the world.Nevertheless, the latest advanced technologies applied on automobiles and recession of e conomy in US have temporary shed the demand oil, the rapid growth in other countries like China, India and certain developing countries have equalize gain the demand and supply graph back to the extreme level. These bring a phenomena that plentiful but expensive oil in the market. The price of oil will still be hardly to drop. Moreover, there is still no other substitute available for oil, it is prone to be big booms and deep busts, taking the global economy along with it.When the global economy heats up, demand for oil rises, boosting the price and encouraging producers to pump more. Inevitably those high prices eat into economic growth and reduce demand Just as suppliers are overproducing. Prices crash, and the cycle starts all over again. However, the environmental issues and costs have to be brought to be concerned. The catastrophic oil spill accident happened in the Gulf of Mexico had brought huge impact to the environment and it needs decades to recover.Yet, the demand of oil is never stop, supply of oil must be ideally inexhaustible to the world. People are facing the more challenging and dangerous tasks while getting the unconventional oil to satisfy the demand of oil. Hence, the best solution is still to develop other kind of energy alternative to break temporally of oil for environmental, economy and future. Analysis of the Presentation The first element of the article â€Å"The Future of Oil† written by Bryan Walls in April 2012 that is going to be discusses will be the author's purpose of intent.From the article, the author's purpose is to inform the audience about the current amount of available crude left and the number of production of barrels of oil per day which to fulfill the unlimited demand from the international market, and to predict that the oil which supports our daily transportation will be getting expensive in the future and it will be much more polluting in order to process the oil as the process is destructive to the environm ent. The second element to be discusses will be the author's point of view.As what have written before, since the author have stated that the price of oil becomes expensive (Bryan Walls, 2012). Thus the author suggests that it will be important to hold as more researches and developments of carbon-free alternatives such as wind power, solar power, nuclear power and befouls as possible now in order to reach better technology in fuel-efficiency which is believed potential to reduce the burden of the high price of oil in our daily life later. Next, the author's tone in writing the article will be another element to be discusses where a tone fleets the author's feeling and attitude towards the subject.Audience can feel the author's tone was excited when he describe on the size of the floating oil-production platform deck in Atlantic, Brazil which he wrote † The platform deck is so big you could play the Super Bowl on it, if not for the nest for the interlocking pipes and valves th at circulate oil, methane and steam throughout the ship. † (Bryan Walsh, The Future of Oil, paragraph 2 line 5-7). The author shows the feeling of regret too from his word â€Å"A combination of recession, conservation and improved auto efficiency has eloped the U.S. Shed demand impressively. But demand in China, India and other developing nations have replaced it. Result: plentiful but expensive oil that translate into painfully high gas prices. † (Bryan Walsh, The Future of Oil, paragraph 5 line 3-5). Other than that, the author's worry can be found from the written â€Å"The new supplies are for the most part more expensive than traditional oil from places like the Middle Each, sometimes significantly so. They are often dirtier, with higher risks of accidents. (Bryan Walsh, The Future of Oil, paragraph 8 line 2-4). The author also wows the feeling of sarcastic and contradiction when he wrote muff may not like Exxon because of the pump price or its oversize profits, but how much love do you have for autocratic poetasters like Iran or Russia? Oxen's growth trickles down; the oil-and-gas industry created 9% of all new Jobs last year, according to a report by the World Economic Forum, even as oil companies booked multimillion-dollar profits. † (Bryan Walsh, The Future of Oil, paragraph 15 line 5-9).The author used the tone sarcastic once again later in his word â€Å"Low oil prices in the sass lulled U. S. Auto companies into disastrous complacency; they had dew efficient models available when oil turned expensive. † (Bryan Walsh, The Future of Oil, paragraph 18 line 5-6). Other than all of the above, the author used the tone of exaggerate when he describing the amount of available extreme oil, â€Å"Extreme oil meaner there will still be enough?more than 1 trillion barrels by one estimate?to keep cooking the planet if we decide to burn it all. (Bryan Walsh, The Future of Oil, paragraph 25 line 7-8). In addition, the author used some fact information instead of opinion sentences teen the paragraphs in the article; which a fact is the statement that can be proven right or wrong, and an opinion is the statement of feeling that cannot be proven right or wrong (Dahlia, Critique Essay). The author stated that since there is increase in crude collecting activities which requires drilling technology now thus â€Å"Tight oil has helped revivalist the American drilling industry. (Bryan Walsh, The Future of Oil, paragraph 11 line 1). Besides that, the author also stated that U. S. ‘s import of liquid fuels have decreased from 60% in year 2005 to 45% in last year, if domestic oil production continues to rise, U. S could move toward to energy independence (Bryan Walsh, The Future of Oil, paragraph 12). Other than that, he also included fact information in his article, written that â€Å"There is no substitute for economy along with it. (Bryan Walsh, The Future of Oil, paragraph 17). Last of all, the author have ref erred to other's speeches and opinions such as from President Obama, energy expert–Michael Clare, state geologist of Text–Scott Tinker, and chief economist at EIA?Afterbirth, which he have written into his article â€Å"The Future of Oil† but yet he do not enclose the links and quote them to the references or origins which e have used as materials, thus his scholarly is considered as unclear.RESPONSE TO THE PRESENTATION In the article â€Å"The Future of Oil†, author Bryan Walsh has used many statistics and data to strengthen the persuasiveness of his view to audience, but he fails to indicate the exact sources of certain data. Maybe some of these data are very common to local people, example the average price of oil last year in US, â€Å"Last year the average cost for a gallon of unleaded was $3. 51, the highest on record, up from $2. 90 a year before. On March 26 the national average was$3. 90†³(Bryan, 2012), but that was uncommon to reader from other area.He actually should include the sources of those data in order to make his article to be more convincing. The same problem occurs on the information on the production of crude barrels daily by Petrol's in Atlantic Ocean. The author stated the amount of crude produced, but he did not mention where he got the data from. Instead, these might bring some doubts and seems exaggerating to the audience. Nevertheless, in this article, Bryan Walsh focuses more on the impact of oil to US economy,but hectically provides sufficient facts while explaining the influence of oil to the global future economy.He states and redirects US might be able to achieve energy independence as more sophisticated hydraulic fracturing and horizontal trinitrotoluene's applied to open up reserves of oil which previously considered unobtainable, but he does agree also that more production of oil in US does not really help to calm the increasing global oil demand. He states â€Å"Energy security is fine, bu t it doesn't have that much meaning in a globalizes economy,† says Guy Caruso, a former head of the EIA (Bryan, 2012).This is very true that no matter how much new and unconventional oils are being discovered, the world will never satisfy from the supplies. Nonetheless, Bryan Walsh, in his article, besides economy issues, he does talk about the impact of producing oil to the environment, the true cost to the environment which he intends to warn people the consequences and the future challenge of producing oil. He does provide some facts and sayings of certain representative to attract reader's attention on this serious issue.Example†elf you think cleaning up an oil spill in the Gulf of Mexico was tough, try doing it in the remote, forbidding Arctic. But even greater than the immediate environmental danger posed by unconventional oil is the larger risk to the climate. â€Å"(Bryan, 2012). However, he fails to picture out how destructive the consequences and negative effe ct to the environmental. Instead, he provides saying like â€Å"There's enough carbon there to create a totally different planet,† says James Hansen, a NASA climatologist and activist (Bryan, 2012) without explaining how different planet would it be.At the last part of the article, author Bryan Walsh has clarified his view on the future of oil. He denotes that new coming sources and unconventional oil does not really help to solve the fundamental problem. He does need of oil. He includes some facts to show the effort of people to increase the efficiency in order to waste the energy sources. â€Å"Beam's push to increase corporate average fuel-efficiency standards for vehicles to 55 m. P. G. By 2025 is vital†(Bryan, 2012).

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