The Looming Oil Crisis

Essay specific features

 

Issue:

Social Issues

 

Written by:

James B

 

Date added:

August 2, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 989

 

Was viewed:

8796 times

 

Rating of current essay:

 
Essay content:

There are other reports of oil prices reaching up to six American dollars a gallon in England. During the 1990s, production volumes in Russia fell rapidly from nine to six million barrels per day, as the gigantic orders from the Soviet planned economy dried up. But falling state demand was not the only problem...
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But falling state demand was not the only problem. The employees of these Russian oil companies had lost morale and were no longer interested in productivity and most of them actually ended up quitting. There are solutions to this looming oil crisis. For vehicles, many motor manufacturers believe the future lies in fuel cells, which will power cars as effectively as now, but without relying on oil...
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