Wednesday, May 7, 2008

Revised Research Plan

Title
Peak Oil and the Consequences

Topic Focus
Oil is almost the currency of the world. As countries develop they use oil to fuel projects and development. My topic centers around the theory of peak oil, and if it is true, and the world supply of Oil will be unable, or not cost-productive enough to support the global economy. What could happen then?

Scope
I’ve both expanded, and contracted my topic. On one hand, I still want some basic idea of what defines Oil, but nothing like I had once thought I’d need…The scope of the project, is to explore what the possible ramifications *could be* on the world economy if an Oil crisis results. This is a refined, more direct approach to what my topic once was.

Outline:
1. Oil
- How it’s extracted
- Uses of Oil
2. World Use of Oil
- Oil production and consumption statistics
- Developing Countries growth
3. Crisis
- Ramifications of a possible supply shortfall
- Solutions, fixes, or outcomes of the fallout

Academic Disciplines
I’ve expanded the disciplines that I’d look at…The first is geology, if only for the basic understanding of Oil I need for this work. I originally thought I’d need to look at sociology…but I no longer think so. I think I need to explore some basic concepts of economics at possibly a macro and micro level. The things that directly affect Oil are rooted in economics the world over. Individual people really do not factor in.

Key Terms
Petroleum
Crude Oil
Oil Supplies
Oil crisis of the 1970’s
Oil Consumption Statistics
Oil Production Statistics
Inflation
Deflation
Stagflation
Economic Principles

Nature of Topic

It has become less necessary for me to get information on “what” oil is. A basic understanding is enough. It has become a priority to get information based upon the consumption, production, and uses of oil in the world, and explore both the possibilities and realities of the oil situation. All information found must be peer reviewed to be of any use. All information will have to be recent, IE, within the last few years. The technology and tactics of the world changes at such a quick pace that anything before at the very least 2004 would be completely outdated.

Library of Congress Classification (LC) Areas
QE420-499 – Petrology (...Still unsure of what classification this is...)
HD9502-9502.5 - Energy Industries
HB801-842 - Consumption. Demand
HB1-3840 - Economic Theory

Change List:

Pretty much everything...Lets see...new title, New topic focus, Revised scope, Different outline, New Academic Disciplines, New Key terms, new Nature of topic, and new Library of Congress classifications...for the most part.

Everything pretty much got swapped around.

1 comment:

Meryl said...

Chris: It's looking good. The one thing I would suggest is trying to rephrase your Topic Focus so it is only a sentence/question or two. On your final project, some of the narrative you have in the Topic Focus can go into your Introduction (which will also include much of what you have in the scope section). Your commentary in the Nature of Topic section is especially good and really clarifies what it is about the big topic of oil you need/want to know. That, of course, will inform the type of sources you will rely on. Good work.