many factors in today’s market that are affecting those who want to purchase a new car. Not only are fuel prices incredibly high and expected to go higher based on tensions in the Middle East, employment is looking up but many are still without jobs or enough income to purchase a new vehicle. There are a few car makers that understand those looking for an economic vehicle that gets great gas mileage. Some of the factors that could cause possible changes in the supply and demand of a new car
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Marathon Oil Corporation is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing, and transportation (Marathon Oil Corporation, 2009). The key to optimizing production and resource development is quick and accurate description of oil and gas reservoirs (Marathon Oil Corporation, 2009). For crude oil to be processed into gasoline, diesel fuel, and other petroleum products, it takes about four to eight days (Marathon
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obtained from crude oil are as mentioned below: 1. Ethane and other short-chain alkanes 2. Diesel fuel (petro diesel) 3. Fuel oils 4. Gasoline (Petrol) 5. Jet fuel 6. Kerosene 7. Liquefied petroleum gas (LPG) 8. Natural gas Certain types of resultant hydrocarbons when mixed with other non-hydrocarbons, create other products like: 1. Alkenes (olefins), which can be manufactured into plastics or other compounds. 2. Lubricants (produces light machine
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going to a greener way of getting energy sources. Most consumers agree that there is a need to go greener for the future of our environment, but not at the cost of our economic stability. In the past gas prices were under a dollar a gallon. Now the gas prices are extremely expensive and keep rising almost every week. This affects travel tremendously. Many people cannot afford to take vacations, flights, or transport to work. With the economy already being in a bad place, it will continue to fall
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1: Number 1 – Everyone’s Gasoline Problem ` Rising gas prices has been a huge concern for most Americans over the last couple of years. It seems as though each weekly stop at the pump costs more and more each time. Most people just pay the price but never stop to think why these gas prices continue to rise. There are seven major factors that directly affect the price of gasoline. These factors are: supply and demand, crude oil, gasoline, natural gas, heating oil, government regulations, and natural
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relationship between the retail price of gasoline and the world demand for crude oil. I will try to discuss how Marathon could keep the price at the pump the same without losing any profits – even if global crude production has decreased by 10%. Finally, I will discuss President Obama’s June 2010 deep-water drilling moratorium. It was originally for six months; I will try to determine the impact of a continued moratorium on deep-water drilling for retail gas prices in the U.S. WHICH OF MARATHON’S
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Communication types that will be used Store Managers – Business memo Store Employees – E-mail Consumers and Public – Business letter Part II: Letter: 614 Crestwell Ave. Tampa, FL 33602 January, 2010 Dear Store Managers: Rising gas prices and increased operating expenses require our company to amend our current store policy regarding employee work hours. In order to eliminate this new problem of increased costs, it will be necessary for our company to amend our existing store
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Gas Prices have many different effects in our society the effect it have is mostly negative. Everyday our lives depend on gas, when we are going to school, work or just going out for leisure time. The effect of gas are very affecting in our lives because of many ways gas is used in. There are many different negative effects of rising gas prices families will cut back on vacations or people may take different ways of transportation such as bus or train. People that were born after the
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problem. Energy shortage is the result of the power demand and supply gap. So what causes this gap to exist is the main question. There are various reasons because of which Pakistan could not create more electricity which include the rising fuel prices, rising burden of circular debts, lack of availability of inexpensive fuel, no new power projects being started, poor electricity production and distribution methods, power theft and nonpayment of electricity bills. The issue of circular debts
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“Chrysler in Trouble” Synopsis: In 2008, the United States economy experienced some major down turn. Banks ceased lending, there were problems in the real estate markets, there was a rise in unemployment, and there was a decrease in personal spending among consumers. The United States car industry was affected tremendously. Consumers found it difficult to get an auto loan and that the actual financing was too expensive. The auto industry had its worse year since 1992 in 2008. There
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