1. Future of the World's Oil
This heat and pressure exerted as time passed developed the crude oils we see today. The quality and composition of the crude oil varies based upon the hydrocarbon makeup of the petroleum. ... In 1977, the Trans-Alaska Pipeline System (TAPS) was created, which served the purpose to ship crude oil to South Alaska in a more efficient and cost beneficial manner. ... In 1994, the Department of Energy did a study, "Exporting Alaskan North Slope Crude Oil-Benefits and Costs", and the finding was that exporting crude oil from Alaska would increase cash flows for producing companies ...
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- Approx Pages: 12
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