OIL & GAS SECTOR RATIO ANALYSIS CONTENTS PARTICULARS PAGE No. 1. Introduction 3 2. Objective 5 3. Ratio Analysis 6 4. Appendix 8 INTRODUCTION The Oil & Gas industry is the totality of all of the industries involved in the production and sale of fuel‚ including fuel extraction‚ manufacturing‚ refining and distribution. Modern society consumes large amounts of fuel‚ and the energy industry is a crucial part of the infrastructure and
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plain and simple – Gas! Gas prices have slowly begun to hurt families financially; including my own. Families are taking drastic measures to make ends meet to ensure their automobile is topped-off each week. For the past several years‚ the Nation’s economy has seen a steady incline in gasoline prices. This essay will examine the factors that play a significant role contributing to the increasing prices. Why are gas prices so high? One of the top reasons for the increase in prices is the supply and
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Gas prices in this country today are outrageously expensive and cause people in the middle class to struggle financially. There are a number of bad things that high gas prices cause to happen. Bad gas prices are the main cause of many problems that not just the middle class people have‚ but all people in the country have today. THE FIRST REASON THAT GAS PRICES SHOULD BE LOWER IS BECAUSE HIGH GAS PRICES LEAD TO INFLATION. WHEN GAS PRICES RISE‚ IT COSTS COMPANIES MORE OVERHEAD TO PROVIDE
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1. Oil companies do not allow dealers (franchisees) to buy gas from distributors. Dealers must buy gas from the central oil company. Dealers often complain that this is unfair. The practice has been the subject of antitrust lawsuits. Oil company executives argue that this policy is important because it limits free-riding on the part of the distributors. Explain the executives’ arguments in more detail. The Oil Company executives argue that allowing dealers to buy gas from distributors would be
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Centre for Continuing Education Executive MBA (OIL & GAS Management) Batch: _______________________ Semester: _______________________ Name: _______________________ Sap No/Regn No: _______________________ Assignment – 2 For Understanding Oil & Gas Business MDSO 801 University of Petroleum & Energy Studies SECTION A (4X5)
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Petrochemicals prices climb 2% in December on tight supplies LONDON‚ January 9‚ 2013 - Prices in the $3-trillion-plus global petrochemicals market climbed 2% to $1‚350 per metric ton (/mt) in December‚ according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI)‚ a benchmark basket of seven widely used petrochemicals. This follows a drop of 2% in November. But on a year-over-year basis‚ petrochemical prices were up 16% from the December 2011 average price of $1‚161/mt
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http://news.bbc.co.uk/2/hi/7048600.stm Wednesday‚ 2 January 2008‚ 22:36 GMT What is driving oil prices so high? Oil prices have hit a record high at $100 a barrel. Prices have doubled from the rates seen in January 2007 and more than quadrupled since 2002. What factors are causing this unremitting increase and what are the likely consequences for consumers and the global economy? What is causing the latest price spike? This was triggered by concerns about violence in Nigeria and Algeria as well as the
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press‚ oil prices are at $126 to a barrel‚ more than double the April 2007 price of $63 a barrel. The future doesn’t look too bright with prophets of doom predicting still higher prices. In India‚ we are yet to feel the real impact of the flaring international oil prices even though over 70 per cent of the country’s requirements are met through imported oil. The oil prices in India and many Asian countries are subsidized by government and controlled through price ceiling rules. High oil prices are
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The Impact of Ethics in Rising Gas Prices Introduction In this paper‚ I will be discussing the effects of ethics and how it plays a very important fact in today’s gas prices. I will be explaining the impacts on the financial decision making‚ and financial management objectives. This paper will show how gas prices have increased over the last few years. Why Gas Prices Are Rising Today gas prices are on the rise. Most Americans are wondering why. The gasoline inventories fell for the fourth
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Governmental or Environmental Factors………………………………….. 6 Market Structure…………………………………………………………………… 6 Industry Demand………………………………………………………………….. 7 Key Determinants of Demand…………………………………………….. 8 Future Expectations of Demand…………………………………………… 8 Industry Analysis…………………………………………………………………. 10 Threat of entry by new competitors………………………………………. 10 Rivalry among existing competitors …………………………………….. 11 Pressure from substitute products ………………………………………. 11 Bargaining power of buyers……………………………………………
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