TAILIEUCHUNG - Encyclopedia of Global Resources part 130

Encyclopedia of Global Resources part 130 provides a wide variety of perspectives on both traditional and more recent views of Earth's resources. It serves as a bridge connecting the domains of resource exploitation, environmentalism, geology, and biology, and it explains their interrelationships in terms that students and other nonspecialists can understand. The articles in this set are extremely diverse, with articles covering soil, fisheries, forests, aluminum, the Industrial Revolution, the . Department of the Interior, the hydrologic cycle, glass, and placer mineral deposits. . | 1196 Synthetic Fuels Corporation Global Resources Second oil prices crashed. The commercial feasibility of synthetic fuels rested on the assumption that the price of oil would continue to increase. Instead the global recession that was ignited by the rising cost of OPEC oil resulted in a steep drop in the demand for oil and a crash in oil s price to a low of approximately 7 a barrel in the mid-1980 s. Finally while oil prices were falling tax cutting and enhanced military spending by the Reagan administration were producing high budgetary deficits. The SFC s multibillion-dollar budget became an inviting target for budget cutters. In 1984 Congress rescinded billion of the SFC s initial 20 billion authorization. The following year Congress voted to close the corporation altogether and rescinded its remaining funds. On April 18 1986 the SFC closed its doors for the last time. Joseph R Rudolph Jr. Web Site National Archives Executive Order 12346 Synthetic Fuels http federal-register codification executive-order See also Coal gasification and liquefaction Energy economics Energy politics Oil embargo and energy crises of 1973 and 1979 Oil shale and tar sands. T Taiwan Categories Countries government and resources Few natural resources of significant economic value remain in Taiwan. After many decades of mining almost all metallic minerals coal and talc have been depleted. Most of the country s oil gas and power needs must be met through importing although Taiwan is developing renewable energy using wind and solar power. Taiwan s export-oriented economy depends on the world global economy for growth. The Country Taiwan is an island in East Asia located in the western Pacific. In 2007 Taiwan s gross domestic product exceeded 383 billion representing real growth of percent and the world s twenty-fourth largest economy among 181 countries that were ranked. The island of Taiwan is long and narrow and a central mountain range the Chung-yang

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