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Ohio and North Dakota Energy and Kodak Bankruptcy

Please see the attached file.

1. Compare the Ohio energy boom of the 1880s to that of North Dakota today.
2. How is Kodak handling bankruptcy?

I need to write answers about these two questions. The answers should be over one page.


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Note: In this discussion, you can use the materials I have listed in the references.

Henry (2011) reckoned in the 1880s that "Ohio experienced unprecedented oil and natural gas boom. Findlay especially was rich in both oil and natural gas reserves. Marathon Oil got its start in Findlay. And natural gas was so plentiful; it was flared off in downtown street lamps and torches at one time".

It was thought at that time that time there was an inexhaustible supply of natural gas and that Findlay even allowed unrestricted use of that which came from one of its largest wells.

Due to its superabundance, a substantial amount of natural gas was wasted "or flared off" because it was thought that the gas was a "nuisance by-product of oil" (Henry, 2011).

Other materials useful in the discussion are those written by James (2012), Weiss (2012), and Vlahos (2012).

The discovery of oil forced many manufacturers to migrate to the State of Ohio. It had fifty production concerns located in Findlay, Ohio within one year (James, 2012).

James (2012) noted that Ohio's history of industrialization is inextricably linked to the oil and gas industry. Ohio boomed as an industrial ...

Solution Summary

The solution reckons the similarity between the Ohio energy boom in the 1880s and North Dakota energy rush today. The solution also discusses the causes of the Kodak bankruptcy. It showed that failing to adopt to a digital world, Kodak finds itself with a strictly competitive market and saw its sales lost to competitors.