With the increased global demand in oil and gas, undiscovered areas of the world should be opened up to access more resources. To what extent do you agree?
This is an undeniable fact that the demand of resources like oil and gas has increased sharply worldwide and therefore the supply of the same has been affected. I am in favor of this notion and hence this essay will throw light on how lifting ban on restrictive trade practices among nations and new economic reforms can help in curbing this situation.
Firstly, lot of nations have made some changes in their existing trade practices with other nation through which the Ease of Doing Business (EoDB) with those countries have improved drastically. For example, in a country like India, the economic policy of liberalization, privatization and globalization (LPG) in 1991 has helped this developing nation to reach those markets which has potential yet they were untapped. With this, the Foreign Direct Investments made their way in India and affected the economic growth. Hence, with removing the trade barriers among nations, the gap in the demand and supply can be mitigated.
Furthermore, there is a need of new economic reforms which will bring positive changes in the trade and commerce among nations. The respective governments must take some steps to add or modify the existing economic, legal and political policies which will bring a great change to the growth of those countries. For example, in Middle East, the cost of producing oil and gas is least as it is the hub of refineries. One single modification in the economic framework, like providing subsidy, can lead to procuring such resources in abundance at a very competitive price. Hence, the new reforms by administration can help to access oil and gas at lesser price.
To conclude, the government of countries must not onlyget liberal in conducting trade and removing obstacles but also they should come up with new reforms in business which will help in accessing the untapped potential areas for oil and gas extraction.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2021-01-08 | krvchanakya | 78 | view |
| 2020-11-02 | amrita123_ | 61 | view |
| 2020-08-30 | manshu_d | 73 | view |
| 2020-08-03 | Jaskaran Kaur | 78 | view |
| 2020-06-21 | harrypottar316 | 76 | view |
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Transition Words or Phrases used:
also, but, first, firstly, furthermore, hence, if, so, therefore, as for, for example
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 7.0 13.1623246493 53% => More to be verbs wanted.
Auxiliary verbs: 12.0 7.85571142285 153% => OK
Conjunction : 16.0 10.4138276553 154% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 16.0 24.0651302605 66% => OK
Preposition: 49.0 41.998997996 117% => OK
Nominalization: 9.0 8.3376753507 108% => OK
Performance on vocabulary words:
No of characters: 1589.0 1615.20841683 98% => OK
No of words: 312.0 315.596192385 99% => OK
Chars per words: 5.09294871795 5.12529762239 99% => OK
Fourth root words length: 4.20279927342 4.20363070211 100% => OK
Word Length SD: 2.7621864791 2.80592935109 98% => OK
Unique words: 172.0 176.041082164 98% => OK
Unique words percentage: 0.551282051282 0.561755894193 98% => OK
syllable_count: 492.3 506.74238477 97% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 2.0 5.43587174349 37% => OK
Article: 7.0 2.52805611222 277% => Less articles wanted as sentence beginning.
Subordination: 0.0 2.10420841683 0% => More adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 6.0 4.76152304609 126% => OK
Performance on sentences:
How many sentences: 12.0 16.0721442886 75% => Need more sentences. Double check the format of sentences, make sure there is a space between two sentences, or have enough periods. And also check the lengths of sentences, maybe they are too long.
Sentence length: 26.0 20.2975951904 128% => The Avg. Sentence Length is relatively long.
Sentence length SD: 50.6515191173 49.4020404114 103% => OK
Chars per sentence: 132.416666667 106.682146367 124% => OK
Words per sentence: 26.0 20.7667163134 125% => OK
Discourse Markers: 7.08333333333 7.06120827912 100% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 1.0 3.9879759519 25% => More negative sentences wanted.
Sentences with neutral sentiment: 1.0 3.4128256513 29% => More facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.157417939785 0.244688304435 64% => OK
Sentence topic coherence: 0.0618336908566 0.084324248473 73% => OK
Sentence topic coherence SD: 0.0560518468468 0.0667982634062 84% => OK
Paragraph topic coherence: 0.102241481116 0.151304729494 68% => OK
Paragraph topic coherence SD: 0.0365282968406 0.056905535591 64% => OK
Essay readability:
automated_readability_index: 15.5 13.0946893788 118% => OK
flesch_reading_ease: 45.09 50.2224549098 90% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 13.4 11.3001002004 119% => OK
coleman_liau_index: 12.54 12.4159519038 101% => OK
dale_chall_readability_score: 9.03 8.58950901804 105% => OK
difficult_words: 81.0 78.4519038076 103% => OK
linsear_write_formula: 13.5 9.78957915832 138% => OK
gunning_fog: 12.4 10.1190380762 123% => OK
text_standard: 13.0 10.7795591182 121% => OK
What are above readability scores?
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Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.