Nobody downloaded yet

About Gasoline crises - Research Paper Example

Comments (0) Cite this document
Summary
Any fluctuations in oil supply and its prices can create immense changes in world economy especially in the current era of globalization and liberalization. Variations in oil prices can affect Gross Domestic Product (GDP) growth, unemployment, inflation and also the oil…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96% of users find it useful
Research paper about Gasoline crises
Read TextPreview

Extract of sample
"About Gasoline crises"

Download file to see previous pages Oil is essential for all the vehicles irrespective whether it is moving on air, water or land. Though many alternative solutions have been suggested as fuel instead of oil for vehicles like solar energy, electrical energy etc, nothing evolved as a permanent and convenient option yet. The exhausting of current oil sources has created major crises in the current world as many experts believe that the available oil resources may last for maximum 30 to 40 more years considering the nature of consumption at present. This paper briefly explains gasoline crises based on the oil price variations and its impact on global economy.
Oil is an essential commodity for the world’s economy. It is impossible for us to think about our body without blood. Same way oil is the blood of world economy. Any problems in occurred in this blood (oil) can cause severe damages to the body (economy). Oil is an essential commodity required everywhere, but unfortunately the oil resources are confined to some areas or regions only which made oil trade an essential economic activity in the current world. Major oil producing countries have monopolized the world market and they have varied the prices of oil as per the supply and demand theory. Around three years before the oil prices has reached an all time high of around $ 150 per barrel whereas it has come down to as low as around $ 30 per barrel recently because of global financial crisis and low demand of oil products. America is one of the topmost oil consumers in the world because of the huge amount of automobile vehicles used for different purposes in this country.
Irrespective of developed, developing or underdeveloped, all the countries need oil and the oil trade has started between countries as early as the oil and automobiles were discovered. One of the rapidly growing economies in the world Brazil has reportedly engaged in a, bilateral trade of US$ 8.192 billion in 2004 with the Arab countries. (BRAZIL: ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Research paper about Gasoline crises Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved de https://studentshare.org/miscellaneous/1557977-research-paper-about-gasoline-crises
(Research Paper about Gasoline Crises Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.org/miscellaneous/1557977-research-paper-about-gasoline-crises.
“Research Paper about Gasoline Crises Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/miscellaneous/1557977-research-paper-about-gasoline-crises.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Research paper about Pitney Bowes
...its formation (2006). Much of these changes have always revolved around the establishment of a proper organizational structure that can ensure easy management and decision making. In addition, globalization and the new options brought about by technology have compelled the organization to radically transform its operations in order to comply with these demands of time. This is realized in the areas of research, development and technology where huge investments have been made in the recent past in order to improve operations and facilitate global operations. Indeed, the organization development plan presents a good basis for the organization to effectively coordinate its operations and manage its...
10 Pages(2500 words)Research Paper
Gasoline Prices Research Paper
...of crude oil and the price of gasoline. The cost of gasoline is more significantly correlated to the amount of solar energy than to the price of crude oil. The study was problematic in the measuring of solar data. While gas prices were an average for the Seattle area, sunshine can be local and sporadic. Using the logarithmic trend line lessened that effect, but also diminished the immediacy of price changes when the sun came out. However, the study did indicate that as November and December began to have less sunlight, the price of gas also sloped downward. Additional research would be needed to control other variables such as economic conditions. The data does indicate a need for...
2 Pages(500 words)Research Paper
Research paper about geographic
...Aged’ Japan Introduction Japan, a country that played a major role in the outrage of the World War II and a currently strong agent of the global technological economy, now holds the title of being the most rapidly aging civilization in the world. For the common people, this situation does not pose much of a conflict so as to gather enormous attention. Unfortunately, Japan’s rapidly aging population is more than just a fact about its population aging at an unexpectedly fast rate. It affects many aspects of the lives of its citizens, their choices and their future. In the same way, the whole world—especially those who have developed a strong relationship with and dependence on Japan in one way or another—will also feel the...
8 Pages(2000 words)Research Paper
Business Research Paper about Currency
... USD and Euro Exchange Rate The general economic activities that will explain the daily fluctuation in USD and Euro exchange rate will be tackled in details. Upon explaining the factors that triggers the changes in exchange rate, whether or not we should buy or sell Euro against the dollar will be tackled accordingly. Week 5 – March 22, 2010 Changes back on March 22 to March 24, 2010 do not have anything to do with the US unemployment rate. This is because the unemployment rate in U.S. has been fixed at 9.70% between January to March, 2010. Therefore, strengthening of the Euro could be due to a higher GDP in UK. (See Table I – 2010 U.S. Unemployment Rate below) Table I – 2010 U.S. Unemployment Rate 2010 U.S. Unemployment Rate... USD and Euro ...
2 Pages(500 words)Research Paper
Research Paper about Divorce
...of divorces including social, financial, religious and psychological elements. According to a survey report, 43 to 46 percent of all marriages that have taken place in the US in the year 2000 will eventually end in divorce (Smith et al., 1453). This paper explores the reasons behind divorce and its impact on children. Divorce – end of marriage Getting a divorce is not a simple task and cannot be obtained on the day the concerned couple decides to separate. It is a prolonged process that needs to go through various legal formalities. The initial phase of decision making can take several months or years, and even after final decision is taken the end process may not be a fast one. In many cases, couples attempt to...
6 Pages(1500 words)Research Paper
Research paper about lululemon
...Research paper about lululemon Lululemon is an international company that deals in athletic wears that designs, produces, and trade in pants, tops and jackets for “yoga, dance, running, and general fitness” (Forgeon, et al. 2). Its operations are global through online networks and its retail stores. This paper discusses elements of the organization’s micro and macro environment. Macro Environment Competition is one of the factors in the microenvironment and is intense because competitors share both customers and suppliers. There is however strong barrier to new entrants and this helps in preventing stiffer competition. The industry also has many established players such...
2 Pages(500 words)Research Paper
Research paper about lululemon
...(Lecturer’s Research paper about lululemon Lululemon Athletica is an apparel retail company with branches across the globe. It was founded in the year 1998 in Vancouver in a small space that it even shared but it has grown to become a major player in its industry. Its major products are “technical yoga and run cloths” (Lululemon 1). Political, economic, and technological factors are significant to the company’s macro environment, while SWOT analysis informs on its microenvironment. Microenvironment Key Intermediaries The company sells directly to its consumers and this shows lack of intermediaries in its chain. It offers its products’ details on its websites from which consumers can...
2 Pages(500 words)Research Paper
Research paper about business problems
...Research paper about business problems Revenue generation between Kelloggs and General Mills over the last five years (2009 2) Cost Based Analysis is very important in decision making because it helps us in analyzing the future costs and the present situation based on which we can compare the rationales to come up with a suitable decision to be taken up. Based on this concept, I had faced a similar problem while I was working with a healthcare organization, which manufactures their own medicines. Now in order to sell the medicines, we needed boxes for to be made for the medicines. There were several suppliers interested to make the delivery but the question still remained as to which one...
3 Pages(750 words)Assignment
Research paper about lululemon
... company that participates in the same market hence the company takes advantage of this I pricing its products (Lululemon, 2014). Conclusion The Company is young. Despite this, it has pushed itself the limit and reached maturity by offering great innovation, products that are well made and using exclusivity. The strategies the company has been using has helped in marketing the yoga wear to the point where it has become “necessary” have pant. The company is focusing on working hard to introducing other innovative products as part of their sells. Reference Lululemon. (2014). Lululemon Athletica: our company history. Retrieved from Lululemon: http://www.lululemon.com/about/history... marketing mix affiliation Lululemon marketing mix...
2 Pages(500 words)Research Paper
Research paper about lululemon
... Lulu lemon Athletica Prices that the Company Offers its Products to Lulu Lemon is one ofthe most successful companies globally in relation to provision of sportswear and other materials. The products and services are offered at various prices for instance: Recently the company unveiled new men’s yoga pants that cost $88 (www.businessinsider.com). Women top tanks are sold at $60 while stretching pants goes for $90 per pair (www.businessinsider.com). While these prices have been criticized in some cases, Lulu Lemon has continued attracting a wide range of clients in various parts of the globe. Pricing Strategies Applied by the Company Creating a Perception of Scarcity This strategy has received criticism from the Wall Street... Lulu lemon ...
2 Pages(500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Research paper about Gasoline crises for FREE!
Contact Us