Dependency On Fossil Fuels And Solutions For New Power Sources

The United States of America is undoubtedly i of the most decent nations on the globe , and most would agree that it is surely No .1 . Yet this giant nation with enormous wealth and economical potential remains vulnerable to fluctuations in the cover outlay that can send shock waves through its prudence . dependance on rock oil remains the Achilles heel of the US deliverance . Although the US has sizeable resources in the Gulf of Mexico , they are by no means sufficient to feel the needs of the regnant industrial sector while also suffering the consequences of inefficient warming system in the Northeast using heating oil . Dependence on oil is one of the superlative risks inherent in the American economic system , one to which the government and society should definitely try to seek solutionsBeing mutualist on the supply of oil that comes from foreign powers America has to act to international pressures by adjusting its policies so as to get portal to reliable supplies of this commodity . Any instability in nations furnish oil may seriously affect the American thrift , a component part that has to be considered by American presidents in their decision-making . Today , after the Iraqi campaign , strikes in Nigeria , upheavals in Columbia , the global oil market remains as highly politicized as it was in the heyday of resource patriotism two decades ago , when oil occupied the attention of occidental governments and the press (Morse 1999 :1In the 1970s , the oil embargo and the ensuing troth between the Western world and the Arab nations that have vast oil resources . The sharp rise in the oil price in the 1970s and the shock it sent through the US economy is proof that dependence on oil gives extra trumps to early(a) nations that are political rivals of the US , giving them power to hold the American economic situation .

Anyone interested in the subject of oil on politics would do well to memorialize the oil-price spikes and the following recessions of 1979 and 1973 (Oil Dependence Considering oil as an important factor in decision-making , the US can overlook other goals such as promotion of human rights or peace in the worldOil dependence does not scarce have a prejudicial effect on big policy-making . By forthwith affecting the economic cycles , oil serves as a mechanism that punishes only consumers (Oil Dependence . When oil price rises , all US consumers will bear the burden . The most immediate aspect of consumer dependence on oil price is the constant electric charge one can hear about the staggering spoil priceThe costs born by consumers are not only limited to gas for their vehicles . The costs of transportation go into all products that are sold in the US . In the American economy , transportation is 97 percent oil-dependent , and as of 1991 although oil use for purposes besides transportation has dropped 20 percent since the seventies , vehicles have boosted their demand by about the same inwardness (Gray 1991 :36 This means...If you want to get a full essay, differentiate it on our website: Orderessay

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