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Commercial Fishing in the Gulf of Mexico...? Topic: Commercial Fishing in the Gulf of Mexico Lecturer: presentation: The Gulf of Mexico is an important region in United States and the neighboring countries. The strategic geographical location and the natural resources endowments in the region offer unique opportunities and challenges to the neighboring communities. According to GMP (2011), the Gulf of Mexico joins maritime ports of five southern American states and six Mexican states with the Caribbean Sea and the Atlantic Ocean. The American states include Alabama, Florida, Mississippi, Texas and Louisiana while the linked Mexican states include Yucatan, Quintana...
10 Pages(2500 words)Research Paper
Offshore oil in gulf of mexico...benefits of oil production in the Gulf of Mexico cannot be ignored but they should not be considered as of higher importance compared to the local natural environment the damages on which because of oil production can be long term. The Gulf of Mexico covers an area of about 172580 miles (Pinet 494). There are two main entryways for the specific region; ‘the first one is located between Yucatan and western Cuba and the other between Southern Florida and northern Cuba’ (Pinet 494). Through the centuries, thick salt beds have covered the seafloor in the specific region (Pinet 494). In this way, significant reservoirs of oil and gas have...
4 Pages(1000 words)Essay
Offshore oil in gulf of mexico...Offshore Oil in Gulf of Mexico The offshore oil in the Mexican gulf off the coast of the United s is one of themajor oil and natural gas producing regions in the world. The western side of the gulf comprising of Alabama, offshore Texas, Mississippi, and Louisiana produce significant quantities of natural gas. This can be attributed to the fact in 2007 the western and central Mexican gulf gave contributed to 14% of the United State’s natural gas and 25% of the country’s oil in federal leases. Ever since the industry was started in the 1940s, it has grown steadily as more capitalists have invested and developed it. The original location of the oil industry...
4 Pages(1000 words)Essay
BP and the Gulf of Mexico Oil Spill...?BP and the Gulf of Mexico Oil Spill It would not only be arrogant but also foolish to attempt to single out one item as the root cause of the Gulf of Mexico Oil Spill disaster. Firstly, there are four parties who are arguably blameworthy for this catastrophe. Exhibit 3 of the case gives us three parties: BP, Halliburton and Transocean (Roberto 19). However, the regulators too are culpable. Nevertheless, one thing stands out. The entire off-shore drilling process is complex, as is reflected by the US$ 1 million per day cost of leasing the Deepwater Horizon rig (Roberto 8). Secondly, there is the complex management structure at the site as BP, Halliburton and...
3 Pages(750 words)Essay
BP's Macondo Blow-out, Gulf of Mexico...BP’s Macondo Blow-out, Gulf of Mexico The BP’s Macondo Blow-out on the Gulf of Mexico was an oil spill that happenedat the Gulf of Mexico. It happened in 2010 and it continued flowing uncontrolled for a period of 3 months. It is believed that it is still seeping to-date. It is the largest marine oil spill accident in the petroleum industry’s history. The spill started from a sea floor oil gusher that resulted from the April 20, 2010 explosion of Deepwater Horizon, which was drilled on the BP-operated Macondo Prospect (Freudenburg and Robert 09). This explosion caused injuries to 17 people and led to 11 deaths of those who were working on...
6 Pages(1500 words)Research Paper
Decision traps and biasis...Decision Traps and Biases When making a decision, an individual is to different biases, one of the main ones being bias due to retrievabilityof information, which refers to the availability of information in the near past. For example, if an individual is asked whether a list of people contained more female than male individuals, the person will most likely say that there are more men, if the men in the list are better recognized than the women.
Conversely, base rate neglect is a bias that occurs when an individual considers the likelihood of an event but neglects to consider prior frequencies. For example, if the probability of a person having AIDS is 0.0001, but a test shows that 100 people out of 10,000 have the...
1 Pages(250 words)Essay
BP Oil Disaster in the Gulf of Mexico...Case One: BP Oil Disaster in the Gulf of Mexico
BP Oil disaster in the Gulf of Mexico case involves an oil spill in the deep underwater well. The disaster coincidentally struck just as a time when BP Oil Company had been shortlisted with other two oil companies for the US Government’s Safety Award for Excellence, which was to be presented at the Offshore Technology Conference. The case of oil spill is not the first scenario of oil leakages in the underwater; ExxonMobil had the worst case scenario in 1989 famed as the Alaska Exxon Valdez spill (Geoffrey, 2010). Ethical issues in this case identifiable include failure for other companies to learn from earlier case...
2 Pages(500 words)Case Study
Mexico...International strategic management Case Study analysis International strategy and pertaining changes in the Mexican and Canadian automobile industry
In a business concern, strategy formulation and implementation is essential as it helps in defining direction and action plans as well as prioritize business activities. In this context, strategies can be categorized as functional strategy, business strategy, corporate strategy and international/global strategy. The paper is focused on international strategy with respect to the sea change that global automobile industry, especially that in Mexico and Canada is undergoing at present. In the case, it was gathered that in past three decades Canada’s share in the United States’ automobile... ...
7 Pages(1750 words)Case Study
Gulf of Mexico Oil Spill and the Politics at Play...Gulf of Mexico Oil Spill and the Politics at Play
Eleven years ago, a hurricane swept through the coast of Louisiana leaving a massive devastation in its wake, one of them, several damaged underwater oilrigs, which were then BP’s management. To date, the damaged rigs continue to spew oil into the ocean, posing danger to the environment, and more specificallyto the ocean life. However, what is even more confounding is the fact that the government continues to play politics with this issue, continually lying to the public that the spillage is at a level that is not very harmful, and that very soon the spillage will be contained.Pertinent question that linger in the minds of many include what it will take...
4 Pages(1000 words)Essay
Salt Marshes... Salt marshes Introduction The paper d Salt Marsh Communities, argues that salt marshes form along thecoastline where water disturbance is low or moderate to allow the accumulation and the growth of the angiosperms (Pennings and Bertness 289). According to research in support of this statement, salt marshes have been seen to be more dominant and growing on the East and Gulf coasts in the United States. On the other side, the West Coast does not have a lot of salt marshes because of the narrow continental shelf, heavy surf and a terrain that resembles that of a mountain (Pennings and Bertness 289). In the global view, salt marshes are common in all latitudes, and when they have grown for many decades, the mangrove forests replace... the...
4 Pages(1000 words)Term Paper
