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Can discoveries continue to keep up with depletion

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Reference no: EM13702291

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• Total word counts is 700 
• 100% plagiarism free 
• At least five academic reference sources using Harvard Referencing Style 
• Submission deadline is 08/04/2015 by 10am 


Note; Please ensure strict adherence to instructions and address the questions accordingly to deliver a quality job and please no plagiarism. 

In working out your responses to the Discussion Question, you should choose examples from your own experience or find appropriate cases on the Web that you can discuss. Credit will be given for references you make to relevant examples from real companies. Please make sure that you cite and reference all your outside sources properly, as per the Harvard Referencing System. 

Based upon your readings and the interactive model for this week in the online classroom, address the topic of whether the "peak oil" argument legitimate is cause for concern. Be sure to address the following points. 
a. Can discoveries continue to keep up with depletion? Why or why not? If so, for how long?
b. Is OPEC's power likely to increase, decrease, or stay the same? Why? 
c. Saudi oil reserves are enormous. Do you anticipate Saudi Arabia will significantly expand its oil production capacity? Why or why not? 

Reference no: EM13702291

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