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Physical Sciences and Mathematics Commons™
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Full-Text Articles in Physical Sciences and Mathematics
The Effect Of Crude Oil Prices On The Output Composition Of Refined Petroleum Products, Angelos Pagoulatos, David L. Debertin, Emilio Pagoulatos
The Effect Of Crude Oil Prices On The Output Composition Of Refined Petroleum Products, Angelos Pagoulatos, David L. Debertin, Emilio Pagoulatos
UMR-MEC Conference on Energy / UMR-DNR Conference on Energy
In this study the crude petroleum market is linked to the market of refined petroleum products through a set of technological relationships. An econometric study is used to quantify the existing relevant variables. The price equations for each refined product are used to derive estimates of elasticities with respect to quantity supplied, price of domestic crude oil and price of imports.
Cost Accounting Regulations In Oil And Gas Industries, Lakshmi U. Tatikonda, Rao J. Tatikonda
Cost Accounting Regulations In Oil And Gas Industries, Lakshmi U. Tatikonda, Rao J. Tatikonda
UMR-MEC Conference on Energy / UMR-DNR Conference on Energy
The cost accounting methods that are currently used in the oil and gas Industry are very diverse. Since the 1973 Arab Oil Embargo, increased attention was given to this issue, which resulted in the issuance of SFAS-19 by the FA SB and the SEC’s attempt to develop a new accounting method based on the value of their reserves. The pros and cons of the existing methods are discussed. Also discussed is the need for a uniform accounting procedure.
Energy Substitution Prospects, Vaman Rao
Energy Substitution Prospects, Vaman Rao
UMR-MEC Conference on Energy / UMR-DNR Conference on Energy
Any discussion about the future pattern of energy use invariably includes scernarios involving a switch-over to that source of energy which is available in abundant supply. It is taken for granted, for example, that coal will play a major role in the future and that the relative share of oil will decline with the passage of time. It is too simplistic to assume that a time series analysis will give the likely clues as to the pattern of switch-over from one source of energy to another. There has been a radical change in the structure of exchange relations between the …