Co-Op Refinery Case Analysis

First, there is often a misunderstanding of what crude oil is used for, “Crude oil is not exclusively used to produce gasoline. Crude oil is used to produce thousands of products that we use every day, not just gasoline and diesel. Crude oil feedstock is used to create the plastics that encase our cell phones and televisions, asphalt for our roads and even the latex gloves doctors use when delivering a baby. ”(Myths & Facts-TC) One of the production company’s executives criticized the misinformed by saying, “The people suggesting that the oil Keystone XL will transport will be used to exclusively to make gasoline or diesel is simply a guess and they know that.”

In response to high oil prices in the late 1970s due to political and military turmoil in the oil producing Middle-east that was crippling the Canadian economy (Ontario and Quebec), Pierre Trudeau 's government implemented the policy in order to regulate oil prices and keep them low. The program had three main goals that included: “reducing Canada 's dependence on foreign oil, by encouraging greater self-sufficiency in domestic supplies; redistributing oil wealth via taxes and resource royalties, from Alberta towards the federal government and consumers; and gaining greater Canadian ownership of the oil industry.” (Bregha,2006). This hurt oil-producing provinces such as Alberta whose economy depends on oil. Because natural resources are a provincial jurisdiction, Alberta felt that the federal government was intruding on what is theirs and stealing their wealth.

Shots fired, officer vehicles set ablaze, and groups of protesters pepper sprayed; all hell broke loose on the date of October 17, 2013 when the Royal Canadian Mounted Police (RCMP) showed up to stop anti-fracking protesters in New Brunswick, Canada. Hydraulic fracturing, commonly known as fracking, has long been a controversial topic. Many argue that fracking allows us access to better and cleaner burning fossil fuels, while others argue that the process in which these gases are obtained are bad for the environment. On this specific day in New Brunswick, protesters were protesting in the belief that fracking would cause contamination to their drinking water supply. But in order to find the truth, it is important to dive a little deeper into

In the article “Dirty oil is turning Canada into a corrupt Petro State” written by the Canadian, Journalist, well-awarded author Andrew Nikiforuk, argues that bitumen, steam plants, and tar sands are changing Canada from a country that cared; to a country that does not stand for much. Throughout this rhetorical analysis, I will use the three appeals to prove these points. The author Andrew Nikiforuk uses the appeal of Ethos to help get his message across to his readers. The appeals of ethos proves that the author has credibility and authority.

Despite being a mere 5% of the world’s population, the U.S oil-based economy consumes 25% of the world’s petroleum. In fact, 98% of transportation energy comes from petroleum products. The entire agricultural industry is reliant on oil. This dependence on imported oil has been expected to increase drastically over the next 25 years. Accordingly, the U.S is expected to import 70% of its oil in 2025.

The pumps that the Wilkerson company produces are the “bread and butter” of this company. These products are produced at a high rate with a high price competition. As stated earlier, due to the severe price cutting by the competitors, the pre- tax margin of the company dropped extremely low to 3% percent and gross margin to 19.5%. Another product that the company produces are valves. The valves have remained steady around its planned gross margin of 35% with actual of 34.9%; these products are sold and shipped in huge bulk.

Since BP was the main operator of the Macondo project, BP will be the starting point for my research. In the first part of this study, I will describe BP as a company. I will discuss his business, the services they offer, and the industries in which they compete. By analyzing the business environment of BP, I can identify companies that may be affected indirectly by the oil spill, such as: For example, their competitors, suppliers and oilfield service providers. To understand changes in returns for the shareholders of the affected companies, we must first understand the scale of the economic consequences of the oil spill.

ExxonMobil’s is one of the oldest refineries in the area and one of the largest of its kind in the world. The global market

It will integrate Industrial Machine data with Mobility for Preventive Maintenance: Our solutions will allow the client to effectively manage maintenance to maximize uptime in the manufacturing environment. It will also allow real-time visibility into maintenance management operations to facilitate better production schedules, labor management, and other important factors that relate to maintenance

 Assessing the options for suitability, pros and cons etc. The mutual understanding between the outsourcer and the third party is the most crucial element for a long term relationship.

Here 70% of our business is done with military so in military terms logistics means the organization of moving, housing and supplying troops and equipment’s. No doubt logistics is an important activity as there is a process for doing a work and there must be proper coordination and cooperation. Lack of proper coordination means, high chance of getting errors in work. This case analysis focus on providing the recommendations to the top management to make sure their activities are going smoothly in the market and they can be ahead from their competitors in this competitive world. In easy words, the organization wants to improve their delivery to their customers.

Bean should enter into an agreement with all its vendors detailing the various terms and conditions relating to conduct of business, transparency in dealing, confidentiality, minimum business commitment etc. This will enable L.L.Bean hold vendors accountable for non performance on their (vendor’s) part. Such an agreement will eliminate any ambiguity or grey areas in the business relationship between L.L.Bean and the vendors. Step 2: Joint business planning Vendors are an important partner in scripting the success story. It is prudent to include vendors during the strategy formulation and business planning process so that they can orient their goals in line with L.L.Bean’s objectives and goals.

However, the price did not remain stable and it drop sharply to $35.02 / barrel after 1 year. In 1992, the price grew marginally $36.40 / barrel and after 2 years later, the prices plummeted and dip suddenly in year 1994, only $23.68 / barrel, which was one of lowest prices in crude oil’s prices in 4 decades. After 1994, there was a surged in price of crude oil and in 1997, it reached to $ 37.65 / barrel even though the prices swing between $27.27 and $33.23 within 3 years. The price of crude oil showed downward trend throughout the period of 1998 and it fall to the lowest, $17.37 / barrel in 1999 and it had direct impact on reducing number of rigs due to the low prices.

Petroleum Name: Sumaya Ismail Ali ID: K-715810110 Name: Marwa Mohamed Elneel ID: K-215810001 Dr: Kauser Fatima Environmental issues What it is ? Petroleum or Crude oil: is thick liquid, flammable, and it has several of color, found under the ground. Petroleum is one of the fossil fuel with Coal and natural gas.

1 PETROLEUM Petroleum is a mixture of gaseous, liquid and solid hydrocarbon that occurs naturally beneath the earth's surface (Awake, 2003). Petroleum is composed of hydrocarbons (hydrogen and carbon) and may exists as crude oil, natural gas or condensates. Crude oil is a naturally occurring, free flowing liquid mainly hydrocarbons with its specific gravity between 1.00 and 0.80. The major elements of crude oil are carbon (83-87%) and hydrogen (10-14%) and minor elements, nitrogen (s density is an important measure of its overall quality. Oil density is sometimes expressed in terms of its specific gravity but more often is given as API gravity.