STUDY ON OIL REFINING AND OIL MARKETS Prepared for: EUROPEAN COMMISSION Prepared by: . Buenos Aires – Calgary – Dubai – Houston London – Los Angeles – Moscow – Singapore January 2008 L2293/mg Table of Contents -- i TABLE OF CONTENTS I. II INTRODUCTION ..............................................................................................................................1 EXECUTIVE SUMMARY ........................................................................
Premium Petroleum
includes crude oil and refined petroleum products‚ that we consumed during 2009. Just over half of these imports came from the Western Hemisphere. Our dependence on foreign petroleum is expected to decline in the next two decades. In 2009‚ the United States produced 11% of the world’s petroleum and consumed 22%. The United States consumed 18.8 million barrels per day of petroleum products during 2009‚ making us the world’s largest petroleum consumer. The United States was third in crude oil production
Premium Petroleum
1973-1974 Oil Embargo The oil embargo of 1973 was one of the most significant events regarding the United States macroeconomy. This event was a refusal of Arab countries to sell oil to pro-Israeli countries. The embargo began on October 17‚ 1973‚ when the Organization of Arab Petroleum Exporting Countries‚ or OAPEC‚ declared they would immediately cut oil production by 5 percent and will continue until Israel withdrew from the West Bank‚ Gaza‚ and Jerusalem. Saudi Arabia and Kuwait soon followed
Premium 1973 oil crisis United States
THE FUTURE OF OIL Contents 1. Extreme oil--from the deep Atlantic to the arctic‚ from fracking in the U.S. to sands in Canada--is replacing dwindling supplies. But it comes at a heavy economic and environmental cost 2. The Bakken Boom 3. Boom and Bust 4. The True Price of Oil 5. OIL ON THE EDGE 6. TIGHT OIL 7. ARCTIC OFFSHORE 8. PRESALT DEEPWATER 9. OIL SHALE 10. OIL SANDS 11. HOW SPIKING OIL AFFECTS YOU 12. A RECORD PRICE FOR REGULAR 13. INCOME
Premium Petroleum Peak oil
Fire has a long history of forcing changes in the United States and around the world. On November 21‚ 1980‚ the MGM Grand Casino and Hotel in Las Vegas had a fire that resulted in the death of eight-five individuals. According to the incident report from the fire‚ it was started by an ungrounded electrical circuit in a section of the main level of the casino called “The Deli”. It was discovered that the heat caused by the ungrounded wire heated enough to ignite the surrounding area. The fuel source
Premium September 11 attacks World Trade Center Al-Qaeda
Fire?! Yes‚ FIRE. Katniss unbuckles herself from the perch in the tree and high-tails it out of there. She runs from the heat and smoke along with the rest of the fleeing woodland creatures. Katniss realizes that the fire is no accident: it must be a ploy by the Gamemakers to flush out the scattered tributes and bring them all together. Why? For action‚ of course. There’s an audience watching at home‚ after all. Katniss’s jacket catches half on fire (she stomps it out)‚ then her throat starts
Premium English-language films Fahrenheit 451 Ray Bradbury
Marketing to children Growing number of products are marketing to infant and school-aged children. So‚ some people began to think should they allow companies market all their products to children‚ even it makes children become fat and get lots of bad habits?Advertisements offer shopping conveniences‚ but unlimited marketing to children will have bad influences to their f ood p references ‚ habits and customs and disturb their family payments balance. First of all
Premium Diabetes mellitus
Oil Ethics Oil Ethics Table of Contents Abstract 3 Introduction 4 1 Key Facts about the Canadian Oil Sands 5 2 Extraction Process 7 2.1 Mining ........................................................................................................................................ 7 2.2 In-Situ Recovery ......................................................................................................................... 8 2.3 Economic
Premium Petroleum Oil sands
Mineral oil is most commonly put to use in our daily lives as baby oil‚ which has a fragrance added to it. It is clear‚ odorless and colorless. It is formed as a by-product during the distillation of petroleum from crude oil‚ to produce gasoline and other petroleum-based products. It is produced in very large quantities and is inexpensively available in drug stores. Due to its easy availability and low value‚ it is put into use in a wide range of avenues. As a Laxative Doctors often recommend
Premium Transformer Lubricant Petroleum
Questions: What are the environmental implications of oil spills? What legislative policies have been instituted to mitigate the possibility of future oil spills? How are oil spills cleaned up and what are the advantages and disadvantages of each method? What type of research and innovation surrounding oil spills has been done to prevent their occurrence? In order to foster an environment for emerging technologies and higher standards of living‚ the United States‚ Canada and many other nations
Premium Exxon Valdez oil spill Oil spill Petroleum