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Production Operations within the Oil Industry
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This 5 page paper answers 4 questions set by the student concerning the way in which oil production takes place within the US. The first question discusses the way in which production process for Marathon oil may be accelerated. The second question looks at the direct relationship that exists between the prices of crude oil and the price of gasoline at the pumps. The third question considers the way in which an oil company may try to keep prices at the pump the same and retain profits if the price of crude oil increases. The last section considers the impact of a potential long-term and on deep-sea oil drilling, and looks at the way in which US oil companies may be to remain competitive if this occurs. The bibliography cites 3 sources.
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Pages:
4
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Filename:TS14_TEmarathon.rtf |
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Paper Title:
Production Operations within the Oil Industry
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