BSCL415-T102 Nancy, Sylvia, Flora and Tony 10.2 Group Assignment Our company has a contract with the United States government to sell at least 50 million barrels of crude oil at 55 dollars for each. But now the price is above 60 dollars each barrel because Russia, OPEC, Iraq and Iran manipulated the output of oil. According to the schedule of contract, we should deliver 5 million barrels each month to the United States. We can produce 5 million barrels every day in Texas but we want to open more new wells so that we can increase output to 6-7 million barrels every day in the next six months. Unfortunately, terrorists captured one of our oil platforms and tankers can not take oil. Although we can find FOB Saudi Arabia which can sell up to 3million …show more content…
It can produce 10 million barrels on average each day. Thus, it is a good idea to choose Russia (Workman, 2016). In this 3 months, we also can improve our technology to increase yield of crude oil. This is very helpful after we get back our oil platform. Because we must increase yield of crude oil to make up for the loss. In addition, we spent 5 million dollars to Mexican drug cartel mercenaries. We also should gain these 5 million dollars with high yield of crude oil. Thus, this 3 months, we not only should find a good manufacture of crude oil, but also should improve our technology so that we can make profits after we get back our oil …show more content…
In order to ensure a reduction in the impact of rising crude oil prices on our company, we will take several actions to ensure that the impact of crude oil prices will not be more affected. First, we will raise the selling price by a small amount to compensate for the loss of government contracts. By raising the price to make up for the losses caused by the financial. Of course, this method has a certain risk, because if the increase is too large, the buyer may not buy from us here, so this can only micro-adjustment, can not improve too much. Second, we will need to control costs, starting from most places to ensure that can make up for financial shortfalls. Third, we will communicate with customers, such as we will take a range range of price fluctuations, and customers that will not exceed the range will not fall out, so that customers have a psychological bottom line. Thus ensuring that traffic will not lose. Fourth, we will be a large sum of money and bank loans, this is a last resort. Not to the last minute try not to use, although the reality may not be ideal. We can increase production in this way, and when prices fall, we can hedge, so that when prices rise, can produce more revenue to
I’m sure you are aware as of May 1 2017 I will have ten years working for you here at the office.
For the remaining parameters, we needed a tree that would not lose its readability and still provide good results; therefore, we chose a maximum depth of 7, since increasing it did not improve the results significantly, and would have made it more difficult to extract the rules and observe the results. Regarding the maximum number of bins, the default value is 32. As our variables were all continuous we could choose a lower number of bins and the one that yielded best results was
I completed the KABC administration along with the permission slip, videos, protocol and hand scoring. After completing this assignment, I was hand scoring the protocol while my videos uploaded on Youtube. Once I started reviewing and listening to them, I realized that you could hear me but not my participant.
I responded to Trojan Commons Apartment B1 in reference to a damage to property call. Upon arrival, I made contact with Courtney Doolittle. Doolittle stated that when she arrived at her residence this afternoon, she noticed the door had shoe prints on it. When Doolittle opened the door, I observed the foot prints located on the door and structure of the door had been damaged, as someone tried to gain entry. Myself and Doolittle walked through the apartment to see if anything was missing. Doolittle stated that nothing was missing at this time. I advised Doolittle if she noticed anything missing, to call Troy Police Department. Doolittle stated that this damaged had to be done between Thanksgiving Day and today, before she arrived to the
Do you have an tasks that need to be completed? I’m ready for more tasks.
At this point the only person we can charge is Crystal for the 12/04/2015 Violation and that will only be for $50.00.
As for legal issues, the actions are very straightforward – to meet legal requirements. Restructuring our new company may involve variation of terms and conditions of employment for some employees. Change of location is covered as an ETO reason in Collective Redundancies and Transfer of Undertakings (Protection of Employment) (Amendment) Regulations 2014 (S.I. 2014/16), but employees must agree the changes. We now have two locations of operation and may relocate some employees, therefore we must negotiate with those employees, reach agreement and proving ETO reasons to them.
ISIS being defeated is a sufficient condition for Pakistan’s winning the war on terror only if Afghanistan’s securing its borders is a necessary condition for the UN’s stopping the opium trade.
3. Promoting transfer readiness and postsecondary enrollment along with further transitory pathways toward relevant employment, apprenticeships or job training.
Question 1: Assuming the motel owners' consent was valid, should the police have had a warrant? Does the defendant have a reasonable expectation of privacy that would exclude the evidence from trial? See Abel v U.S., 362 U.S. 217, 80.Ct. 683 (1960)
Stress, we all have it in our lives and for some of us it affects us in ways we do not even realise it. This causes me great discomfort as this leads me to not even have the ability to begin my tasks as I am concerned about how I will be able to complete it on time. Once I am able to resolve this predicament I will be confident enough about accomplishing all my tasks and concluding these tasks to my best effort.
In addition to the US peak oil situation, the US Oil Drilling and Gas Extraction Industry faces heavy foreign market competition. In 2011, the US ranked 3rd in oil production, behind Saudi Arabia and Russia (Energy, 2012). Saudi Arabia’s OPEC governor expects Saudi output to rise steadily beyond 2030 with a 1.5 million barrel per day spare production capacity then (Energy, 2012). Russia holds the world’s largest
Middle East is strategically important region where mostly world half of oil reserves are located. Three countries: Saudi Arabia, Iran and United Arab Emirates accounted for 57% of total Middle East liquids fuels production. (Liquid fuels production in Middle Eastern and North African countries n.d.) Although due to increased domestic production of petroleum and natural gas, the United States is reducing its dependence on foreign oil with imported liquid fuels, but still oil means a lot to the US as oil prices is determined internationally by what is available for all global consumers. Therefore, to safeguard the security of Oil supply in the Middle East and ensure stable access to affordable oil is in the vital interest of the America. (Mexican crude oil shipments to Europe and Asia are rising as U.S. imports fall
In the recent months, the prices of crude oil have dropped from 140 dollars per barrel to 60 dollars a barrel in the latest date. To begin with, there is technological revolution in the energy extraction referred to as “fracking” which has significantly increased supply of natural gas and petroleum in the America, allowing them not to depend heavily on the foreign sources of crude oil. Secondly, Saudi Arabia and the other countries
In 1973, the United States government restricted the export of domestically produced crude oil. At the time, this was largely regarded as a sound decision. Not only was domestic production in a decline, but the global political climate was fundamentally inhospitable. However, in recent years, the oil and gas industry has exploded into a huge upswing, due in no small part to the evolving technologies surrounding hydraulic fracturing and horizontal drilling. Between 2009 and 2013, crude oil production in the United States increased by roughly 2.1 million barrels per day and, according to ICF estimates, is projected to increase another 3.2 million barrels per day through 2020 (ICF International 2014). This has led to a high profile discussion regarding the removal of the export ban which peaked in October of this year when President Barack Obama stood firm against repealing the ban, even threatening to veto the bill completely, despite the House of Representatives voting to pass it. With domestic oil and gas production at an all-time high, continuing with the ban makes little economic sense, and this report will further explain the belief behind why the ban should be repealed and why it would make a positive impact on independent exploration and production companies.