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Introduction
Nowadays, the question about the future of oil in our environment is becoming more and more important. What will happen and how will it change our behaviours? Research in the past has shown that the supply of oil is limited, but the demand is rising steadily. Our whole economy depends on oil production and nearly everything we use in our daily live comprehends oil as a major ingredient. On the other hand, it has also shown that the prediction about its limits can not be made one hundred percent correctly. In the 1970´s and the 1980´s, economists predicted that a barrel of oil would cost a hundred dollars by the year 2000, due to limited resources. Will the world economy change and switch to alternative resources or will it totally collapse in our near future? What will the leading oil companies do? Focusing on Shell/Royal Dutch as one of the biggest and most profit making oil producing company in the world, it will be shown how they as a modern business have an......
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Title: Oil Production And Its Effects On
Approximate Word Count: 1895
Approximate Pages: 8 (250 words per double-spaced page)
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