Question 5 Describe the economic history of the crude oil refining sector in T&T from its birth to its present status. What was the impact of US tax legislation on this sector? How did the IADB loan revamp the refinery in Petrotrin in 1993? Why was the refinery in Point Fortin closed? Why does the refinery operate at suboptimal capacity? Is the Moraven agreement still active? Outline the prospects for growth in the next decade for the oil refining and gas refining subsectors of the petroleum
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Mustard Oil Mustard is a well-known oil seed and an annual crop. It has round stem with long inter-modes‚ simple‚ alternate and very soft yellowish green leaves. The fruit is a pod containing seeds. Dry mustard seeds are small‚ round and darkish-brown or grayish-brown in color. They have no smell‚ but when pounded and moistured with water‚ they emit a peculiar strong smell. Mustard oil is of vegetable origin and is obtained from seeds of the black and white (Sinapis alba) mustard plants. In
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1. Introduction The price of oil becomes the bone of contention recently. Oil price seems to be hitting new highs with the regularity of a metronome. It is a bad news for customers who have to pay more on it. More frightening still‚ this situation may get worse before it come back to normal. No one can exactly predict when the pendulum will soon swing back again since all uncertain factors existing. From the supply side of view‚ the OPEC is the main producer‚ being prepared to add or subtract production
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led to the continuous hikes of gas prices. Since gas plays an important role in our economy‚ people should understand that the high gas price does not only mean people need to pay more for driving their cars‚ but it also leads the pervasive inflation‚ the change of people’s consumption habits‚ and more seriously‚ the recession of the global economy. First of all‚ the rising prices of gas‚ a critical input in almost all production processes‚ will trigger the price hikes of most consumer and industry
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presents these parts of society as "organs" that work toward the proper functioning of the "body" as a whole. In the most basic terms‚ it simply emphasizes "the effort to impute‚ as rigorously as possible‚ to each feature‚ custom‚ or practice‚ its effect on the functioning of a supposedly stable‚ cohesive system". For Talcott Parson "structural-functionalism" came to describe a particular stage in the methodological development of Social Science‚ rather than a specific school of thought. The structural
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India Secondary school enrolment rate Focus of the discussion on three main topics 1. Trade openness and the effect of trade policy 2. The role of services (for India‚ China and RoW) 3. Trade specialisation (high-tech v. low-tech) • • Not covered: (Net) trade integration …and what to conclude from that ? Focus of the discussion on three main topics 1. Trade openness and the effect of trade policy 2. The role of services (for India‚ China and RoW) 3. Trade specialisation (high-tech v. low-tech)
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Pros and cons of some politicians’ proposal for oil price rollback or increased taxes in the context of the various theories of profits 2 theories of profits can be applied with regards to the scenario of oil companies gained huge profits due to the increased oil price during the period that led to the war in Iraq. a. Risk-Bearing Theory of Profit: This theory applies when oil companies dare to take the risk to make investment in ‘high-risk countries’ such as Iraq. Knowing that their investments
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Crude drug A crude drug is any naturally occurring‚ unrefined substance derived from organic or inorganic sources such as plant‚ animal‚ bacteria‚ organs or whole organisms intended for use in the diagnosis‚ cure‚ mitigation‚ treatment‚ or prevention of disease in man or other animals. Crude drugs are unrefined medications in their raw or natural forms. Prior to the 1950s‚ every pharmacy student learned about crude drugs in pharmacognosy class. Pharmacognosy is the study of the proper horticulture
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NIGERIAN OIL AND GAS INDUSTRY What is the aim of the study? (there should only be 1 Aim) To examine the impact of public policy and government regulation on the Nigerian Oil and Gas Industry and suggest proposals for reform. What are the objectives of your study? To evaluate the existing legal and extra-legal measures used in regulating exploration and production of crude oil in Nigeria‚ examining the impact of such statutory provisions like the Land Use Act of 1978 and the Nigerian Oil and
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(2009) Oil Exploitation and Conflict in the Niger-Delta Region of Nigeria Samson Imasogie Omofonmwan* and Lucky Osaretin Odia** *Department of Geography and Regional Planning‚ Ambrose Alli University‚ Ekpoma‚ Nigeria E-mail: profomofonmwan@yahoo.com **Department of Sociology and Anthropology‚ University of Benin‚ Benin City‚ Nigeria E-mail: odialucko@yahoo.com KEYWORDS Niger-Delta. Oil Exploitation. Environmental Degradation. Conflict. Mitigation ABSTRACT The Niger-Delta area of Nigeria‚ coincides
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