Blog 9:World's Energy Resources Lauren Epperson Oct. 28th

It is not a secret that the world has been looking for new energy resource because the ones that we are relying on are slowly dying out. Technology has given us the ability to research new resources to meet the World’s energy needs. Israel has discovered large amounts of natural gas under the desert sands. This also comes at the time that deep water oil reserves have been discovered all across the World. These discoveries are going to change the global market greatly, instead of the market for energy resources being in the Middle East it is going to move to the United States, Canada, and Europe. Africa and India might rise as the leading resource supplier. On the positive side of this change it means that the United States could potentially decrease dependency on foreign resources and Europe would not have to not rely on nuclear power as much.

The United States dependency on fossil fuels that we get from the Middle East is one of many causes for environmental destruction across the World. Society will have to adapt to this change. We have already used our knowledge to extract the most readily available resources therefore we will have to put more resources new technology to develop safe practices. This is going to change the global stratification. The more developing countries like Africa and India are going to have more access to resources and be able to provide a better standard of living for their people. Some cautions need to be taken because the new proposed resources of natural gas and deep sea oil are hard extract than the oil from the Middle East. It takes twice as many resources to extract natural gases because you have to pump tons of water and chemical down into the well to retrieve the resource. (Harper pg. 111-112) The global market could be affected by a rise in energy prices, if it cost more resources to obtain. This would cause even more stratification between the countries.

http://www.nytimes.com/2011/10/26/business/energy-environment/new-technologies-redraw-the-worlds-energy-picture.html?ref=businessspecial2

Harper, Charles L. "Chapter 4 Energy and Society." Environment and Society: Human Persecptives on Environmental Issues. 5th ed. New Jeresy: Perason Education, 2008. 111-112. Print.