A look at Mexico and its oil industry.
Research Paper # 149740 |
4,792 words (
approx. 19.2 pages ) |
18 sources |
APA | 2011
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$ 73.95
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Abstract
This paper presents an in-depth examination of Mexico's situation today in light of its bad press regarding excessive crime, drug cartels, illegal immigration and a number of other issues associated with the nation. In fact, the paper argues that the Mexican economy is not as fragile as reported it the international press, pointing out that Mexico has gone through a successful transformation both in the political and macroeconomic realms. Various charts and graphs further support this thesis. Additionally, the paper examines the oil industry in Mexico, one of its chief export commodities. It highlights the role of PEMEX, Petroleum Mexico, which was established not just to manage the oil industry in Mexico but also to generate government revenue and serve as a chief source of employment. The paper discusses PEMEX extensively, noting problematice management issues with this government organization. The paper concludes by stating that Mexico must move its economic focus away from oil to more cleaner and renewable sources of energy like wind or solar power would not only serve to meet Mexico's growing energy needs but also help to keep Mexico's oil the property of its people. Ultimately, this would strengthen its economy. Several figures are included in this paper.
From the Paper
"The US slowdown has weakened economic activity in Mexico with both exports as well as domestic demands witnessing a fall. Inflation increased in the past one year mainly because of the rise in worldwide energy and food prices. Fall in exports in 2008 and 2009 can be attributed to the reduced industrial production in the US and reduced domestic oil output. Conversely, higher oil revenues in the Mexican budget has boosted public consumption and increased investments. According to OECD estimates growth will continue to fall through the rest of 2009 but is expected to recover in 2010. (Oecd Publishing 2008) The most important point to be noted here is that the vulnerability of the Mexican economy vis-a-vis US economic developments have lessened considerably over the past decade. Even in 2001, a very moderate US correction resulted in a drastic fall in Mexican economy which had to strive hard for the next two years to revert it back. Apart from the national economic reforms and the improved fiscal position, one important factor that has helped to counteract the external..."
Tags:privatization, drug cartels, crime, oil industry, infrastructure, PEMEX
This paper analyzes the various effects to the oil industry due to increased consumption by competing economies around the world.
Research Paper # 68254 |
3,699 words (
approx. 14.8 pages ) |
11 sources |
MLA | 2006
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$ 61.95
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Abstract
This well-researched paper examines the oil industry, which currently produces and supplies the world's number one energy source. This paper delves into the high swings in terms of price when there are shortages or excesses in supply, which are determined by the Organization of the Petroleum Exporting Countries (OPEC). This paper details the 7 companies that control the oil market throughout the world which include 5 U.S. companies. This paper analyzes the importance of OPEC and its negotiation tactics with the various oil companies regarding petroleum production, prices and future rights of concession of the oil companies in the different countries. The writer of this paper details the history of the oil industry by discussing various events such as the 1973 oil embargo and the events that took place in the 1960s in which the U.S. and Europe restricted the import of oil from Russia. This paper details how world events, primarily those in the middle east, affect the price of oil. The writer explores China and India's demand for oil and how it affects global inflation in general. The government of India is now trying to reduce the prices of oil based items over the immediate future so that inflation can be reduced from the current 8% a year. This in-depth paper also analyzes the effects of America's economy on the world's oil prices.
Table of Contents:
Introduction
International Oil Regime
Major Producers
OPEC
Wars and Inflation
Oil Embargo
1973 October War
Inflation
Economic Growth
Asian Giants: India and China
Increased Demand for Oil by Both Nations
Increased Prices Equal Less Economic Growth
Stagflation
Conclusion
References
From the Paper
"It is seen that China is one of the fastest growing nations in economic terms and that has taken up the consumption of oil by the country from 2 million tons a year to over 10 million tons now. Even in last year, the growth is over 35 percent and according to analysis of ban credits, it is estimated that Chin will account for over 40 percent of the growth in oil demand. There is also a large increase in demand for oil in United States and this is boosting oil demand internationally. The demand for imports has now reached the limit of supply at about 80 million barrels a day, as already mentioned earlier. At the same time, there are doubts as to whether the massive imports by China are real annual demand or are for building up strategic stocks. According to JP Morgan, the stocks with china are now about 285 million barrels, and even as per statements from China, there is a stockpile being built which will be completed by the end of this year."
Tags:economy, asia, europe, middle, east, industry, inflation, staglfation
A look at the history of the oil industry.
Term Paper # 94295 |
871 words (
approx. 3.5 pages ) |
3 sources |
MLA | 2006
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$ 18.95
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Abstract
This paper takes a look at the oil industry. The paper reports that the history of the oil industry dates back to the earliest civilizations of the Middle East. According to the paper, there are inscriptions, that originated from Mesopotamia, describing the use of oil from as far back as 4000 B.C.E. The paper also reports that in the United States, the invention of the kerosene lamp led to the formation of the first American oil company, Pennsylvania Rock Oil Company, founded in New Haven, Connecticut, in 1854.
From the Paper
"The development of the oil industry also took place in many countries outside of the United States. For example, Canada's first oil boom occurred in Ontario in 1867 and in 1947, the great Leduc field near Edmonton, Alberta, was discovered which soon led to Canada becoming an important contributor to the oil industry. In Mexico, oil production began on a commercial scale around 1918 which made Mexico the second-largest oil producer of the early 20th century. Of course, in 1901, one of the first concessions for oil production was granted in Iran and when huge oil reserves were discovered in 1908, the Anglo-Persian Oil Company came into existence and was soon replaced by the Anglo-Iranian Oil Company in 1914. "
Tags:Drake, Well, petroleum, pipelines, crude, oil
This paper talks about the importance of fire prevention in the oil industry and discusses many of the aspects of fire prevention.
Research Paper # 46036 |
5,820 words (
approx. 23.3 pages ) |
20 sources |
APA | 2003
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$ 83.95
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Abstract
This paper begins with an introduction stating why fire prevention is necessary. It then discusses the different classes of fires and provides information on the source of combustion and ignition of each class of fire. Next, the paper describes the common causes of fires in the oil industry and provides facts and statistics that support these claims. The paper also takes a closer look at electrical problems, malfunctions, and lightning strikes that cause fires. Training programs, types of fire alarms, and extinguishing methods are also discussed. The paper concludes with recommendations on fire prevention.
Causes Of Fires In Industry
Training Program
Fire-Alarm System
Automatic Sprinklers
Portable Fire Extinguishers
Conclusions
Recommendations
From the Paper
"Fire protection in the gas and oil industry is extremely important. However, at the economic level, fire protection costs money to design, install and maintain. In business it is an overhead expense that does not produce income. Money for fire protection is often hard to come by and money for maintenance is often one of the first areas where costs are cut. Companies seem to be willing to take a positive chance that fire will not strike, rather than take a positive step to provide fire protection and control. If companies are frugal to spend money on fire protection, they should consider the best fire protection that is needed for their company. Fire protection is usually provided for different reasons. The first is that fire protection is required by local codes. Local codes are considered the minimum requirements that a company must provide to protect the surrounding community (Ignall, 1975, p.89). However, even though the building must comply with local legislative requirements, such compliance does not mean that the facility is fire safe or that production can be resumed after a fire occurs. Generally the local codes only protect the community from the plant, and if a fire does occur and does not kill or harm anyone or spread to other properties, the code has considered being able to do its job."
Tags:extinguisher, fire, oil, prevention, sprinkler, system
A look at issues in the oil industry.
Analytical Essay # 122648 |
500 words (
approx. 2 pages ) |
2 sources |
MLA | 2008
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$ 10.95
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Abstract
This paper examines the negative and positive externalities of the oil industry. It shows that utility is the main positive externality, and pollution and economic disruption the negative ones.
From the Paper
"I have chosen to research the oil industry and analyze any negative or positive externalities it produces. Since the invention of the internal combustion engine and its application in transportation and other technologies at the beginning of the ... th century, the positive externalities of oil production have been obvious to everyone. Airplanes, automobiles, ships and trains powered by fuels derived from petroleum have radically transformed life in all but the few backwaters unaffected by modern technology. Innumerable new products and technological processes derived from oil have..."
Tags:externalities, oil, pollution, public goods, rival, excludable
An analysis of the history of oil production and the impact of the oil industry on the international economy.
Term Paper # 108066 |
3,837 words (
approx. 15.3 pages ) |
13 sources |
MLA | 2008
|
$ 63.95
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Abstract
This paper discusses the oil industry and how it affects international relations and the international economy. It also discusses the history and background of oil use and production. In addition, the paper discusses the impact of oil production, as well as other economic factors relating to the industry. The paper then discusses current and future challenges to the oil industry.
Table of Contents:
The Oil Industry: Background And History
Key Issues That Are Related To International Economy
The Oil Industry's Impact On The International Economy
Future Challenges For The Industry
Conclusion
From the Paper
"A significant aspect is the way that oil impacts on the economic relationship between countries. An increase in the price of oil can alter the balance of trade between counties and also affects exchange rates. This refers to the scenario in which the oil-importing countries experience a decline in their balance of payments. This exerts a negative pressure on exchange rates and results in the increase in the price of imports and a reduction in the value of exports. This in turn leads to a decline in the national income of that country. All of these facets have a long-term impact on the economy of countries. "The economic and energy policy response to a combination of higher inflation, higher unemployment, lower exchange rates and lower real output also affects the overall impact on the economy over the longer term" (Analysis of the Impact of High Oil Prices on the Global Economy)"
Tags:import, export, diversification, fuel
Explores the organizational responses of the oil industry to externally induced ethanol and energy innovations.
Analytical Essay # 105768 |
10,390 words (
approx. 41.6 pages ) |
59 sources |
APA | 2008
|
$ 125.95
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The paper deals with the impact of external forces of developmental innovation on the management strategies and processes of oil companies. The paper highlights how adoption of new innovation strategies can be difficult to apply for a major industry like the oil industry at the same time as highlighting the advantages that the oil industry could have by adopting the newer innovation strategies. The paper also deals with the appropriateness of the timing, speed and application of the innovation strategies within the oil industry.
Table of Contents:
Abstract
Introduction
Analyzing Industry Environment through Innovative Business Management
Analyzing Competition within the Industry
Timing of Innovation
Innovation Speed
The Impact of Corporate Culture on Innovation
The Use of Core Competence as an Innovation Method
Internal Innovation
Research and Development
The Speed of Marketing the Innovated Product
The Relationship between Innovation and Organizational Success
The Impact of Innovation on Organizational Capabilities
The Relationship between Experience and Innovation
Strategic Planning and Innovation
The Strategic Planning Model Developed by Bryson
Conclusion
From the Paper
"The production of ethanol also leads to the release of aldehydes and alcohol in the environment which is harmful as they are cancer-causing chemicals. After the production of ethanol was inspected, the chemicals and gases released into the atmosphere were found to be quite detrimental for the environment. As even the plowing, planting, cultivation and transportation of corn takes up petroleum energy, ethanol can not be considered to be a safe alternate energy source and neither is it environmentally friendly as it contributes to a lot of environmental pollution."
Tags:competition, cellulosic ethanol, core competence, culture, organizational knowledge
Description of how successful project management impacts the oil industry.
Research Paper # 144781 |
4,714 words (
approx. 18.9 pages ) |
16 sources |
MLA | 2010
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$ 72.95
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This paper explores the use of project management in the oil industry and how, if used properly, it may give a company an edge in a very competitive market. Various aspects and approaches to project management are described, especially as they apply to the oil industry. These include planning and the use of information technology. Additionally, the paper highlights the importance of goals in project management and how they may differ depending on whether a company is in the production or engineering end of this industry. The paper concludes by stating that oil producing companies are seeking high-return, well-managed projects which will justify the large investments made in this field.
From the Paper
"The use of quantitative decision analysis as a tool of project management has been in wide use in the oil exploration industry for more than two and a half decades. This is because the risks and rewards related to the oil industry are comparatively higher than in other industries. Moreover, only large companies like petroleum companies could afford to invest in appropriately complex computer hardware and software at a time when these were relatively unaffordable and inaccessible for smaller companies. Proper project management culminating in the discovery of an extremely productive oil field was worth many hundred million dollars justifying the investment in project management tools and techniques."
Tags:petroleum, natural gas, project planning
A look at the contamination of water or land by the waste oil industry.
Persuasive Essay # 133593 |
3,000 words (
approx. 12 pages ) |
0 sources |
APA |
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$ 53.95
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The paper discusses how the waste oil industry is continually faced with disposing of or reusing a product considered hazardous to the environment, animals, and humans, and in attempts to meet this task, different players in the waste oil industry make questionable choices or flat out mistakes. The paper relates that illegal dumping or waste oil is less common than accidental occurrences but both have happened, sometimes in international or allied waters. The paper asserts that contamination of water or land by waste oils is detrimental to the United States population, and, in addition, incidents such as spills jeopardize international trade and political relationships.
From the Paper
"The waste oil industry is continually faced with disposing of or reusing a product considered hazardous to the environment, animals, and humans. In attempts to meet this task, different players in the waste oil industry make questionable choices or flat out mistakes. Illegal dumping or waste oil is less common than accidental occurrences but both have happened, sometimes in international or allied waters. Contamination of water or land by waste oils is detrimental to the United States population. In addition, incidents such as spills jeopardize international trade and political relationships. Waste oil comes from a number of sources and is disposed of in a variety of ways. The U.S. Department of Energy (1987) lists the following sources..."
Tags:white, collar, crime
An extensive investigation of the management of innovation within the oil industry.
Research Paper # 109710 |
10,360 words (
approx. 41.4 pages ) |
65 sources |
APA | 2008
|
$ 124.95
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Abstract
This paper stresses the importance of innovation in the oil industry to provide the energy needed for modern technology. The paper analyzes innovation within the oil industry through its management, competition, innovation timing and company culture. The paper stresses the importance of strategic planning especially using the Bryson's Strategic Planning Model, which the writer deems is an accurate reflection of the current global and political environment. Two charts are included with the paper.
Table of Contents:
Introduction
Analyzing Industry Environment through Innovative Business Management
Analyzing Competition within the Industry
Timing of Innovation
Innovation speed
The Impact of Corporate Culture on Innovation
The Use of Core Competence as an Innovation Method
Internal Innovation
Research and Development
The Speed of Marketing the Innovated Product
The Relationship Between Innovation and Organizational Success
The Impact of Innovation on Organizational Capabilities
The Relationship between Experience and Innovation
Strategic Planning and Innovation
Bryson's Strategic Planning Model
Conclusion
From the Paper
"Core competence is a new approach to thinking about a company's strategy. It is a distinct set of abilities that sets a business apart from its competitors, as it cannot be imitated, can be distributed in various markets and can provide benefits to consumers. It can be found in any business function, be it marketing, production or distribution. Oil companies need to adopt this concept in their companies to not only stand out in the oil trade but also to be able to last against whatever possible threats the government could make for the use of alternative fuels like ethanol."
Tags:responsiveness, bio refinery, customer's preferences, subordinates, research