| Papers [1-14] of 100 :: [Page 1 of 8] | | Go to page : 1 2 3 4 5 6 7 8 —> | Search results on "GASOLINE PRICES ECONOMY": |
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Gasoline Prices and the Economy, 2004.
An overview of the changing prices of gasoline over the years and the effect on the American economy.
12,955 words (approx. 51.8 pages), 26 sources, MLA, £ 174.95
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Abstract
This paper discusses how crude oil has proved to be one of the most versatile forms of energy and how man has used this fundamental law of energy conversation to make life easier for himself and the community at large. It explores the topic of gasoline from its refining to its conservation and, in particular, the factors affecting its ever-changing price and the economy.
Outline
Introduction
Information About Crude Oil
Refining of Crude Oil in the United States and Worldwide
Workforce in the Petroleum Industry
The History of International Petroleum Pricing
The Achnacarry Agreement
The Rise of OPEC Power in the 70?s
Effect of Oil Price Increase on the U.S. Economy
Variables Affecting the Cost of Petroleum Products
Impact of Price Increase on the U.S. Economy
Impact of Petroleum Price Increase on the World Economy
Political Influence on Price Increase
Petroleum Product Transportation and Distribution
Petroleum and the Transportation Industry
Types of Fuel Used in the Transportation Industry
Fluctuating Fuel Prices in Recent Times
Impact of Prolonged Petroleum Use on the Economy
Conclusion
From the Paper
"The high cost of oil production in the U.S. would also be impacted by the price decrease as a result of the additional capacity in Iraq. The U.S. producers would become uncompetitive and may eventually have to stop production of oil in current oil and gas-producing states of Alaska, Louisiana, Oklahoma, Texas and Wyoming. The U.S. government may have to impose tariffs and taxes on imported oil in order to keep the local U.S. producers competitive. (Bartis, 2003) Oil exploration and distribution channels can cost billions of dollars to develop. This includes the location and identifying of oil wells, the size and capacity of the well, the type of geography of the area and the long-term potential of the oil well are all-important factors in the cost of the oil production set up for any oil well site. It takes time and effort from the identification of the oil well to the actual production of crude oil."
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Gasoline Prices And The U.S. Economy, 2004.
Discusses the effects of rising gasoline prices on the American economy.
2,712 words (approx. 10.8 pages), 14 sources, MLA, £ 67.95
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Abstract
This paper discusses the effects of rising gasoline prices on the American economy. It looks at consumer confidence, the assumptions underlying the economics of energy, crude petroleum prices and the power of the OPEC cartel.
From the Paper
"This analyst argued that when energy prices decline the U S economy booms. Cheap energy said Ciscel helped get the economy out of the stock market crash through the continuing savings and loan crisis and kept minor downturns in construction real estate and manufacturing from threatening the economic boom. Given this general background the purpose of ..."
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Gasoline Prices, 2004.
This paper assesses the effects of gasoline prices on the demand for sports utility vehicles SUVs in the United States.
1,125 words (approx. 4.5 pages), 4 sources, APA, £ 27.95
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Abstract
This paper tests hypothesis that higher gasoline prices lead to lower demand for SUVs
From the Paper
"Gasoline prices in the United States increased in the summer of before declining in the fall of the year to levels that prevailed in the spring of ... . Gasoline prices began another increasing trend in January, which lasted through May of that year, before beginning to moderate once again. The average per gallon price reached in May was percent higher than the May average and the ..."
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What is Wrong with Gasoline Prices?, 2006.
An in-depth research proposal regarding the price of gas prices and foreign policy.
6,041 words (approx. 24.2 pages), 21 sources, APA, £ 101.95
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Abstract
This paper takes a look at the price of gasoline and how we need to increase gasoline prices to prevent all our national policies from being determined by our thirst for oil. According to the paper, US foreign policy has become a hostage to ensuring adequate supplies of imported oil.
Outline:
Context of the Problem
Statement of the Problem
Research and Review of the Problem
Crude Oil Prices and its Impact on Gasoline Prices
Political Impact of Higher Energy Prices
Objective of Study: To Advocate Higher Gasoline Prices Potential Benefits of Higher Energy Prices
Environmental Impact
Global Warming
Significance of the Study
Research Design & Methodology
Discussion
From the Paper
"The carbon dioxide produced by motor gasoline in 2003 was equivalent to 311 million metric tons of carbon [Bureau of Transportation Statistics, 2005]. If we could achieve even 10% improvement in energy efficiency through use of lighter cars, it would save million of tons of oil and also reduce the carbon emission by 30 million tons. The 10% target is not just possible it is very realistic and even now a family car is about 25% more fuel efficient than a light truck (a term also applied to SUVs). The federal corporate average fuel economy (CAFE) standards set the fuel economy goals for new passenger cars at 27.5 miles per gallon (mpg). The regulations do not classify SUVs as cars but as light trucks. The light trucks only have to achieve 20.7 mpg. Even this is taken as an average of all light trucks and some SUVs operate at 12 mpg and can remain on the road legally. Some SUVs like Ford Excursions don't even qualify as light trucks and are not subject to CAFE standard."
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Gasoline Prices and Inflation, 2006.
A review of the impact inflation has had on the price of gasoline, and visa versa.
1,125 words (approx. 4.5 pages), 5 sources, £ 31.95
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Abstract
This paper discusses how the core concern and primary factor related to the price of gasoline is the understanding of inflation adjustment and in compensating for inflation in determining the true cost of gasoline. While the general population prefers to recall or at least read about the relatively low cost of gasoline in the 1960s when the average cost of fuel was .30 cents a gallon, in inflation adjusted terms this would be equivalent to roughly $1.70 today (Gasoline). The paper explains that the price of gasoline, and certainly of gasoline related spikes in the average cost of goods, is a major contributor to inflation and yet, factoring for the effects of inflation across the economy, tends to reduce the real cost of fuel.
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"Gasoline Prices: Fact or Fiction", 2005.
A look at the ideas presented in this article by Tom Lehman.
995 words (approx. 4.0 pages), 1 source, APA, £ 24.95
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Abstract
The article "Gasoline Prices Fact or Fiction: A Primer on Supply and Demand" by Tom Lehman, reviews a number of theories about the rise in gas prices and determines whether or not these theories are fact or fiction. The paper shows that the ideas have risen over the past few years, especially following natural disasters.
From the Paper
"The first idea presented is that "Gas prices are controlled entirely by wholesalers and big refinery oligopolists who illegally collude and profiteer at consumer expense." This idea has been deemed fictional because gas prices are controlled by supply and demand. This theory completely ignores the demand for gasoline. The demand for gas is price inelastic because when prices change consumers buying habits change much less than the change in price. Gas is a necessity and with the rise and fall of prices consumers do not have the time to react. Gasoline has very few, if any close substitutes and in the short run consumers don't really have a solution. Consumers could go out and buy hybrid cars but that would be a long term solution that would cost a significant amount of capital up front, much more than the temporary rise is prices."
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The Price of Gasoline, 2002.
An examination of the rising price of gasoline in an international context as well as the effect of these prices on the OPEC countries.
1,150 words (approx. 4.6 pages), 6 sources, £ 31.95
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Abstract
This paper analyzes the price rise of gasoline in the United States as well as in other countries. The paper discusses the effect of the decision on the price of gasoline given by the OPEC countries.
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The Effects of Rising Gas Prices, 2008.
This paper examines the real effects of gasoline price fluctuations on the economy.
3,674 words (approx. 14.7 pages), 6 sources, APA, £ 71.95
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Abstract
The paper explores whether the most recent oil price rise is just a temporary spike that will eventually correct itself, or whether it indicates a long-term trend. The paper looks at three factors that can help to predict future trends: options and futures trading, supply and demand and oil speculation and the result of inflationary forces. The paper relates that improvements in technology will lead to more efficient use of our oil reserves which will also be a key determining factor in future oil prices.
Outline:
The Financial Markets and Oil
Supply and Demand
Inflationary Adjustments in Oil Prices
Determining the Best Method for Predicting Oil Prices
Conclusion
From the Paper
"Anyone who has filled up their gas tank lately knows that prices have been on the rise for some time. Fluctuations in gasoline at the pump are a reflection of fluctuations in the price of the raw material from which it is made, crude oil (Federal Reserve, 2004). When oil prices peak the public, sparked by the nightly news, tend to overreact. They fantasize about what the world will be like when everyone stays home because they cannot afford gasoline to go places. The picture that some paint is that of economic ruin and despair. However, in reality, the effect of gasoline is not as dramatic as many would believe. The following will examine the real effects of gasoline price fluctuations on the economy."
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Pricing Differentials in Retail Gasoline Distribution, 2003.
Examines pricing differentials in 15 gas outlets in the U.S.
1,380 words (approx. 5.5 pages), 4 sources, APA, £ 33.95
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Abstract
Based on an informal survey (conducted in 2003) of 15 retail gasoline outlets in the Los Angeles area, pricing differentials are observed between "majors" and convenience/supermarket outlets. This essay explores the reasons for price differentials.
From the Paper
"Retail pricing for gasoline has a marked differential depending onthe location brand grade or service level. This paper explores the reasons behind these apparent anomalies and tries to explain the ..."
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Gas Prices, 2005.
This paper discusses the rising gas prices and its effect on the economy.
1,465 words (approx. 5.9 pages), 4 sources, APA, £ 34.95
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Abstract
This paper explains that one of the strangest issues about gas prices is that, even though they are rising rapidly, the variance of how much gasoline costs per gallon on any given day across the country is fascinating. The author points out that many people believe that the reason gas prices have risen so high is that America basically is at war in the Middle East now; however, there are gas stations across the country that do not buy gasoline from the Middle East and instead purchase it from gasoline and oil suppliers within the United States and other countries. The paper stresses that gas prices are rising so rapidly because demand is coming from not only consumer transportation but also from almost everything, which is brought to the various grocers, supermarkets, department stores and other stores, which comes by truck at least for some part of its journey. This increased price of transportation will result in increased prices for every item in the transportation-based economy.
From the Paper
"Naturally, the reasons behind why gas prices are rising are important but how gas prices and their rise is affecting the economy is even more significant. There are several affects on the economy. First, those that are involved with the ownership of gasoline stations, oil refineries, and others that work closely with this type of product are seeing higher profits, but they also have to spend more money for the items that they need to create an end product for the purchaser of gasoline (Kirms, 2005). In other words, companies that buy oil from the Middle East and other suppliers are making money because the gas prices are so high. On the other hand, these same individuals must also pay more money than they used to pay to get the barrels of oil that they need to create gasoline. Many people think that the economy is being affected generally by gas companies and oil companies gouging the public to make huge profits. In reality, however, most of the gasoline companies and many of the oil companies are not actually making any more money, because it is all being spent to purchase what is needed to finally get the gasoline to the consumer."
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Gas Prices, 2002.
Discusses what determines gasoline prices in the United States and compares the situation to the rest of the world.
1,771 words (approx. 7.1 pages), 9 sources, MLA, £ 40.95
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Abstract
The purpose of this paper is to introduce, discuss and analyze the topic of gasoline prices in the United States and offer some insight as to why they are so high. Specifically, it answers the question "Do Americans really have a right to complain?" It also discusses European gas prices, and why they are higher than America's, as well as some alternative fuels that might help ease gas prices in the United States.
From the Paper
"American gas prices may be higher than we have ever encountered before, but they are much lower than gas prices around the world. American drivers are spoiled. They tend to drive large, inefficient vehicles, and then rant about the high price of gasoline. They drive long distances for work and play, using more gasoline per capita than residents of many foreign countries. American drivers also rely heavily on their vehicles, rather than using more efficient and fuel-friendly alternatives, like carpooling or public transportation. We depend too much on foreign oil, a resource that is non-renewable. We need to develop more alternatives to our dependence on gasoline by researching more efficient fuels and automobiles, like the hybrids that have recently been developed by Honda and Toyota, which use a mixture of gasoline and electricity to provide better gas mileage while using less gasoline. Our dependency on oil must stop, or one day, our children will wake up to world without gasoline."
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Demand Elasticity of Gasoline, 2005.
This paper uses the theory of demand elasticity to analyze the effect of the increasing price of gasoline.
1,980 words (approx. 7.9 pages), 7 sources, APA, £ 44.95
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Abstract
This paper explains that, with gas prices across the country reaching record levels, understanding the theory of demand elasticity of gasoline has assumed new importance for policymakers and consumers. The author stresses that gasoline has no close substitutes; gasoline, in much of the United States, is a necessity and has only a moderate affect on the budgets of the non-poor. The paper demonstrates that, even though there are an enormous number of players in the gasoline market and confounding variables, economists are still able to gauge with a fair degree of accuracy just how much driving the average American consumer will be willing to forego: The typical American consumer may be willing to give up something of minor consequence involving gasoline; but, in general, Americans love to drive and they are going to buy gasoline.
Table of Contents
Introduction
Economic Theory of Demand Elasticity
Empirical Data Relating to Demand Elasticity
Analysis of the Data
Figure: Individual and Market Demand Curves
Conclusion
From the Paper
"Demand elasticity relates to how much consumers are willing to pay for something based on their individual needs and wants on an aggregated basis; economists measure this degree of elasticity along a price elasticity of the demand curve. According to Robert E. Kuenne (1968), "The degree of downward reaction of the amount demanded to a price rise or upward reaction to a price fall is measured by the economist at any given point on the demand curve with a concept called the price elasticity of the demand curve" (127). Therefore, the degree by which quantity changes as price changes is the percentage change in quantity to the percentage change in price (% Change in Quantity / % Change in Price).
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Gasoline Shortages, 2006.
A discussion and analysis of Armen Alchian's article "What Should Be the Price of a Gallon of Gasoline?"
1,717 words (approx. 6.9 pages), 2 sources, MLA, £ 39.95
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Abstract
This paper introduces, summarizes and analyzes Armen Alchian's article on what we should do during gasoline shortages. The paper explains that the premise of Alchian's article is that rationing and governmental control of gasoline are not successful solutions. Rather, the paper explains, Archian argues that rationing and governmental control are counter-productive and that free market economics are all that is needed to regulate the price of gasoline in the best way. The paper goes on to further delineate Alchian's position on what should be done during gasoline shortages and concludes that the arguments Alchian presents in his article are based on logic, theory and solid economic reasoning.
From the Paper
"Both regulatory effects of the free market economy upon the price of fuel would be undermined by the imposition of rationing and price controls. First, in a system of rationing where the selling of part of the ration is prohibited and where everyone receives a set, equal amount of fuel, "needs [of the various people in a society] remain unequal" (Alchian 1). There will be some people for whom the full amount of rationed fuel is more than they need, and there will be people whose supply is not nearly adequate to their needs. The system is, therefore, ineffectual for both types of people, those who do not need the full ration and those who need more than the full ration. The second supposition of Alchian's regarding the regulation of gasoline prices in a free economy would also be rendered ineffectual by rationing. Namely, the fact that there is compensation in the free market economy for those people willing to give up their share of fuel. If a strict system of rationing were imposed which did not allow for the transfer or sale of rations, then people without need of their full ration of fuel could not derive benefit from that fact. In a free market, however, they could sell fuel they did not need."
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The U.S. Economy and its Effect on Global Markets, 2007.
This paper discusses the U.S. economy and looks and its impact on the global market.
1,407 words (approx. 5.6 pages), 7 sources, MLA, £ 32.95
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Abstract
In this essay, the writer points out that the United States economy has once again emerged as a growing economy, dramatically and irreversibly impacting the global market. The writer notes that the impacts to the global market lie in the areas of employment, globalization, agriculture, intellectual property, the War on Terror, and the overall U.S. trade deficit. The writer maintains that some of these impacts have been positive for the global market, such as outsourcing and inflated gasoline imports. However, the majority of the impacts caused by the U.S. economy have had devastating effects for third world countries in the areas of technological developments and intellectual property protections. This paper addresses the impacts that the U.S. economy has had on other markets in the world, and concludes with a brief summary of the issues.
From the Paper
"In the area of technological innovation, the United States is also impacting the global market. In the agricultural industry, one quarter of the U.S. economy previously revolved around it; currently, agriculture comprises less than one percent as a result of efficiencies and breakthroughs in technology. Globalization has sparked a revolution in information and communication technology, resulting in the emergence of an Information Age that boasts the arrival of new levels of global interconnectedness. However, this global inter-connectedness has widened the gap between the information-rich and the information-deprived. The technological innovations made by the U.S. has forced individual countries to improve their efficiency or at least reduce the government's role in the economy. Thus, it can be argued that globalization has made the world more interdependent and has increased the damage that internal problems within individual countries can cause."
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