Will shale gas rock the world the role of shale gas in changing the Literature review

Will shale gas rock the world the role of shale gas in changing the dynamics of the future energy markets - Literature review Example For instance, the recent publication of the International Monetary Funds World Economic Outlook 2012, identify the oil price as one of the downside risks that will stall the global economy this year.1 Given the volatility of the situation in the Middle East this problem is expected to remain for a long period of time. This is in addition to the fact that forecasts are projecting the decline of the golden age of oil as supply starts to run short. A report by major oil companies revealed that the growth of oil production outside of the Organization of the Petroleum Exporting Countries (OPEC) will slow to a stop and that by 2015, the Middle East will monopolize that global oil demand, which is almost 1000 gallons per second.2 The experience during the 1970s of a global shortage wherein there was a lack of adequate supply and the price dramatically increased is still fresh. These are the reason why there is a mad scramble for alternative energy sources today. Being able to successfully e xtract oil from different energy sources would mean independence from foreign oil and the negative impact it entails. Shale oil is one of these alternative fuel sources. The changing energy outlook as with the increasing interest on shale oil is consistent with all modern-day assessments of global energy futures, which according to P. Edwards, V. Kuznetsov and W. David (2007), emphasizes the argument that growth in demand for energy must be met increasingly by a diverse energy mix.3 Change as a result of the coming shortage of oil is inevitable. This paper will provide an overview of the current status and prospects for shale oil. For this purpose a brief history will be provided as well as an explanation of shale oil as an energy resource and a discussion as to why it will play an important role in the global attempt to find alternative fuel sources. Oil shales are generally rocks that have high proportion of â€Å"kerogen†. This

Taking into account current theories and research on organizational Essay

Taking into account current theories and research on organizational culture and climate, critically appraise the role of organizational culture on the management of occupational safety and health - Essay Example As these different humans could only create a different working culture, the success rate will be minimal. And, if a common working culture, if correctly said, the perfect, feasible and winnable working culture is ‘operationalised’, through out the organization, the organization will be a success story. And, the script for this success story can only be scripted, by an effective leader. That is, leaders can only actualize an organizational culture and with it other associated culture or practices like quality culture, culture of time management, disciplined base culture and importantly safety culture. Safety culture in the sense, the organization and its leader as part of the organizational culture should incorporate occupational safety and health. So, this paper taking into account current theories and research on organizational culture and leaders’ role in it will critically appraise the role of organizational culture on the management of occupational safety and health. One of the important first tasks of a leader in an organization is the creation of a Culture. That is, the task of the leader is to create a working culture, embed the working culture in the working group and environment, sustain it and also rectify it, when faults occur. According to Edgar Schein (2004, p.17), â€Å"The culture of a group can now be defined as a pattern of shared basic assumptions that was learned by a group as it solved its problems of external adaptation and internal integration, that has worked well enough to be considered valid, therefore, to be taught to new members as the correct way to perceive, think, and feel in relation to those problems†. So, apart from policy formulation and decision-making, it becomes all more important to look at the other side of the leader, in culture creation. The leader, who as a founder of an organization need to create a culture, then as a managing director or CEO of an