I don't exactly know how to explain the problem, but here is my attempt at launching Minecraft. All I can say, based on what I see, is that the issue starts up when it starts dealing with Java stuff closer to the bottom of the launch coding. What I have done is left what I think is the problem in the coding, but if not I don't know how I will get you the entire coding.

Please fix this so I can get back to playing.

PC\AppData\Roaming\.minecraft\versions\1.8.3\1.8.3.jar net.minecraft.client.main.Main
[01:58:53 ERROR]: Couldn't launch game
java.io.IOException: Cannot run program "C:\Program Files (x86)\Java\jre7\bin\javaw.exe" (in directory "C:\Users\Owner PC\AppData\Roaming\.minecraft"): CreateProcess error=2, The system cannot find the file specified
at java.lang.ProcessBuilder.start(ProcessBuilder.java:1048) ~[?:1.8.0_25]
at com.mojang.launcher.game.process.direct.DirectGameProcessFactory.startGame(DirectGameProcessFactory.java:14) ~[launcher.jar:1.6.11]
at net.minecraft.launcher.game.MinecraftGameRunner.launchGame(MinecraftGameRunner.java:208) [launcher.jar:1.6.11]
at com.mojang.launcher.game.runner.AbstractGameRunner.onDownloadJobFinished(AbstractGameRunner.java:186) [launcher.jar:1.6.11]
at com.mojang.launcher.updater.download.DownloadJob.popAndDownload(DownloadJob.java:122) [launcher.jar:1.6.11]
at com.mojang.launcher.updater.download.DownloadJob.access$000(DownloadJob.java:12) [launcher.jar:1.6.11]
at com.mojang.launcher.updater.download.DownloadJob$1.run(DownloadJob.java:86) [launcher.jar:1.6.11]
at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:511) [?:1.8.0_25]
at java.util.concurrent.FutureTask.run(FutureTask.java:266) [?:1.8.0_25]
at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142) [?:1.8.0_25]
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617) [?:1.8.0_25]
at java.lang.Thread.run(Thread.java:745) [?:1.8.0_25]
Caused by: java.io.IOException: CreateProcess error=2, The system cannot find the file specified
at java.lang.ProcessImpl.create(Native Method) ~[?:1.8.0_25]
at java.lang.ProcessImpl.<init>(ProcessImpl.java:386) ~[?:1.8.0_25]
at java.lang.ProcessImpl.start(ProcessImpl.java:137) ~[?:1.8.0_25]
at java.lang.ProcessBuilder.start(ProcessBuilder.java:1029) ~[?:1.8.0_25]
... 11 more
[01:58:53 INFO]: Deleting C:\Users\Owner PC\AppData\Roaming\.minecraft\versions\1.8.3\1.8.3-natives-2597593699202