Thursday, October 17, 2019

Fuel prices remain high because of the United State's energy policy Research Paper

Fuel prices remain high because of the United State's energy policy - Research Paper Example In 1970s and 1980s renewable energy was called alternative energy because it was the best alternative for nuclear power and fossil fuel. There are different sources of energy. Firstly, I would like to discuss renewable energy that can be extracted from natural resources. Types of renewable energy are wind, solar, hydroelectric, biomass, geothermal and tidal energy. Then we also have fossil fuel sources extracted from coal or hydrocarbon, which are the remains of decomposition of animals and plants. There are three types of Fossil fuels: coal petroleum, natural gas and liquefied petroleum gas (LPG). Third one is Nuclear power based on fission and fusion. The US is second largest energy consumer in world.  The US is seventh country in the world in terms of consumption of energy per capita. We know that in 20th century, after coming out of isolation US played a major role in the world socially, politically and economically. Every event or crisis in US has its own historical background; nothing happens within some days or months. Same is the case of fuel price, which is one of the biggest issues in the US now days. US was an agrarian state in 18th century but industrial revolution brought changes in the energy requirements and its production ways. At that time major source was coal to produce energy till 20th century then it took drastic change during WWII era. Petroleum and natural gas attracted the attention of US energy production sectors in 1950s. †Following  World War II, oil heating boilers took over from coal burners along the Eastern Seaboard;  diesel locomotives  took over from coal-fired  steam engines  under dieselization; oil-fired electricity plants were built; petroleum-burning buses replaced electric  streetcars  in a GM driven conspiracy, for which they were found guilty, and citizens bought gasoline powered cars.  Highways helped make cars the major means of

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