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Economy Essay

… At present, interest rates are very low and yet there is no real sign of inflation, something that can be taken as a sign that current policy should be maintained. One does not want to see low CPI or interest rates without economic growth, nor does one want to see the CPI get out of hand. Let us not forget that some armchair economists in the political ranks predicted hyperinflation as the result of current economic policy -- the facts are clear that this has not happened and bears no serious risk of happening.

The current economic policy is geared towards growth, as indicated by the low rates on both short- and long-term government paper. Thus, it is expected that the growth of GDP should…. [read more]

Diesel Fuel Pricing Effects on Trucking Enterprise Research Paper

… Diesel Fuel Pricing Effects on Trucking Enterprise

The Frame of Reference

Diesel Fuel Consumption for Transport as a ratio of overall Oil consumption

Cost of Fuel consumption in trucking enterprises

Impact of Diesel price increase on trucking enterprises

Planning and control of fuel costs for attaining competitiveness

SWOT Matrix

The capitalism and market systems have evolved over the years and incorporated various basic principles of exchanging goods and services. The traditional markets in the history were known for their characteristics such as places of gathering buyers and sellers, exchange of goods, and individual business. However over the years the markets have evolved into virtual and physical places where goods, services, ideas, interests, and knowledge in not only shared but it is exchanged. The information, knowledge,…. [read more]

Social Impact of Gas Price Research Paper

… This will also change the buying habits of the people. The CBO study reveals that increase in the gasoline price lead to the change in the consumer's automobile buying habits. Many Americans have changed the pattern of buying vehicles. Many Americans are more likely to replace their cars to a more-fuel-efficient vehicle. Since 2004, there has been decrease in the number of Americans buying the big vehicles. Since 2004, there have been gradual declines of number of Americans who purchase light trucks. In 2004, light vehicles constitute 55% of passenger vehicles bought by the Americans, however, by 2006; the purchase of light trucks has declined to 52%. The decline increases despite the financial incentives proposed by the vehicle sellers. Thus, many American have started shifting…. [read more]

Fuel and Economy the Price Term Paper

… According to Brad Sorensen, an energy analyst at Charles Schwab, "oil prices will soon push up the costs of a broad range of consumer goods ... It will cost more to produce the goods, and more to transport them ... sooner or later they'll pass the costs to the consumer" (Schoenberger pp). And express mail services have been forced to add surcharges to offset the price of jet fuel (Schoenberger pp). UPS spokeswoman, Susan Rosenberg, says the impact of rising oil prices is not an isolated U.S. issue and may impact global trade (Schoenberger pp). John Greenagel of the Semiconductor Industry Association, says according to a recent report, "the average American household lost $749 in discretionary income because of rising gas prices from January 2004…. [read more]

Fuel Tax the United States Federal Term Paper

… Fuel Tax

The United States federal tax and subsidy policy concerning fuel usage and production is a policy that affects the U.S. economy, the global economy and, on a daily basis, millions of citizens living on this world. Needless to say, the policy affects more Americans than any other nationality, but the indirect effects can be felt in other nations as well. The recent run-up in fuel prices is a clear example of how the U.S. fuel buying habits can be disruptive to the American economy. Having to pay higher fuel prices at the pump leaves fewer dollars in the consumer's pocket for other purchases. Higher fuel prices also means higher prices for other products as well. Since shipping costs are an expense that must…. [read more]

Japan and Korea Research Paper

… ¶ … economies of Japan and South Korea. This is accomplished by analyzing the underlying strengths and weakness for each country. Once this takes place, is when we will draw conclusions about what steps can be taken to deal with any kind long-term challenges. This is when both nations can more effectively compete in the world markets.

Since the end of World War II; Japan and South Korea have seen a number of transformations. As, they both had their industrial base destroyed by conflict and were forced to rebuild. During this process, is when they would shift the focus of their economies to become major industrial powerhouses. The only difference is in the way overall scope of these changes was taking place at different times.…. [read more]

Economy of Colonial America Term Paper

… " Using this formula, and plugging the math into 1980 dollars, per capita income for "free" colonists in 1650 was $572; for 1720 it was $826; and for 1774 it rose to $1,043, according to McCusker's research. There was a dramatic disparity between wealth in the "Upper and Lower South" and the New England and Middle Colonies (Table 3.3, 61). To wit, the "Net Worth per Free White Person" (NWPFWP) in New England (using Pounds Sterling) in 1774 was 33.00; in the Middle Colonies in the same year it was 51.00; but in the Upper and Lower South, it was 132.00 Pounds Sterling. One reason New England lagged behind in NWPFWP (92) was that those settlers "...lacked a major staple commodity to export" to the…. [read more]

Oil Market & U.S. Economy Research Paper

… When oil prices are low, so too will be gasoline prices. When consumers have more money, they will either spend it or save it. For the U.S. economy, both are good. Savings rates have typically been too low, until the recent economic crisis. Therefore in general lower gas prices will give Americans more money that they can put into savings. They will also spend, which will increase the GDP directly. Lower gas prices also reflect lower costs for business as well. Low gas prices throughout the past few decades have allowed businesses to build models based on long-distance transportation, allowing businesses to enjoy substantial economies of scale in production, in distribution and in retailing. The increases in productivity facilitated by these economies of scale have…. [read more]

Fossil Fuels Mismanaging Fossil Fuels Can Cost Essay

… Fossil Fuels

Mismanaging Fossil Fuels Can Cost You Your Freedom

The direction the United States chooses to go with its energy policy will most certainly dictate the freedoms of this and future generations. Energy policy will also dictate if the nation can stay independent and free into the future. Never before has America's dependence on fossil fuel been such a strategic liability (Migone, 2007). In conjunction with the threat of losing the freedom and independence that is the essence of what makes this country great, the lack of prioritization for other fuels is crippling our environment as well. The intent of this analysis is to explain how increased fossil fuel consumption poses a very real and urgent threat to the personal, national and international freedoms…. [read more]

Nuclear Power: Alternative to Fossil Fuel? Essay

… In a "boiling water reactor" the fission process actually boils water which turns turbines and produces electricity (Duke).

From time to time, about "one-third of the fuel assemblies in a reactor must be replaced," but that "spent fuel" remains highly radioactive that "must be managed to protect workers, the environment, and the public" (U.S. Nuclear Regulatory Commission - NRC). The NRC explains that the spent fuel assemblies are stored in "fuel pools" outside the plant, are "robust," and "have large safety margins, including about 20 feet of water above the top of the fuel" which gives those operating the plant "time to correct any problem that may arise" (NRC). The NRC asserts that health risks arising from loading and from storing spent fuel "are very…. [read more]

Fossil Fuels and Their Impact Essay

… A waterwheel was found in 1930 in an ancient gold mine, deep into the ground. The waterwheel has been found to date as far back as 90 AD. Similarly, Chinese used these water wheels to crush their grains in mills and for making cast iron. The Arab countries also used water wheels in numerous applications ranging from steel mills and grist mill to sugar mills. One of the wheels with a diameter as big as 20 meters is found preserved in Syria. A wheel found in Iraq is found to raise as much as 153,000 liters per hour. In ancient times a water wheel served the same purpose that it does now in the use of fossil fuels, that is to convert one form of…. [read more]

Rising Gas Prices Term Paper

… That rules out the first two suggestions and leaves only the third -- the company must charge more. Consumers are finding that, not only are they paying more at the gasoline pumps, but the rising gas prices are causing them to pay more in almost every other aspect of their lives as well. This has a huge effect on the economy, and especially on areas of the economy that deal with individuals who live paycheck to paycheck already and do not know where they will get any extra money to fight the rising cost of the gasoline prices in this country.

There are bound to be repercussions in the future as well, because many people are losing their jobs or struggling to survive because they…. [read more]

Gasoline Prices -- Oil Issues Essay

… Gasoline Prices -- Oil Issues

What was Peyton Feltus referring to (in the article by Elizabeth Souder) when he said the word "shortage" conjures up "images for us older folks of the old days of the 70s…"?

What Feltus was alluding to was the 1973 Arab oil embargo -- carried out by the Organization of Petroleum Exporting Countries (OPEC) -- that had a profound impact on transportation in the U.S. And caused sharp political responses from the United States toward the Arab states. The embargo was basically a political tactic by the Muslim states to punish the U.S. And other Western countries (including the Netherlands) that were supporting Israel in the Yom Kippur War of October 1973.

To understand the background for the OPEC Oil…. [read more]

Global Economy / Factors Essay

… By testing advertisements in Asian nations that seem ready for a new motorcycle brand, Harley Davidson could find a new customer base that is ready for its products. China seems the most likely candidate because of its strong growth and increasingly compatible infrastructure.

This type of expansion is risky as is any other large investment. Foreign customers may not want to change the type of motorcycle that they are used to and adopt a more Americanized vehicle. The very fact that the company is based in the U.S. could present a problem in marketing. Also, because of the recent financial downturn, there is still the risk of expending large amounts of capital on such a venture. It is wise to put feelers out before committing…. [read more]

Future of the U.S. Economy Research Paper

… These changes will be fueled by the underlying economic factors and policies as well as attempts to improve the country's economic conditions. The average probability of the above three scenarios to take place in America's economy is 33.3% because of the differences in the probability of each scenario to occur. One of the major factors that will have significant effects in the probability of these scenarios to happen is economic policies by the Obama Administration. Generally, policy decisions have significant impacts on the country's budget outlook and economic conditions. These predictions are made on assumptions that Barak Obama's economic policies would remain the same over the next year.

In conclusion, the United States economy continues to experience relatively slow economic growth as it recovers from…. [read more]

Food Prices Heading Essay

… Even as heat destroyed the wheat crop in northern Europe, catastrophic rain storms drowned the wheat crops in Australia, limiting both internal and external harvests, even as similar increases in the average rainfall as well as the severity of storms to cause similar damage in Pakistan. Unusually hot periods have also led to drought in China, which in turn will lead to a reduced wheat harvest in that country (Peters, 2011).

It should be noted here that the term "global warming" has been changed to "climate change" to reflect the fact that the changes in the world's climate brought about by the human use of fuels and processes that increase the carbon dioxide in our atmosphere increase both temperature itself as well as a plethora…. [read more]

Xbox Price Elasticity Research Paper

… "The only problem is that the prices are usually higher - in some cases much higher - than you would pay for the same game on eBay or at GameStop... Xbox 360 Games on Demand titles are available for $20, $30, or $40 with a handful at $50 or $60," which is more expensive than the games of competitors (Qualls 2011). Less serious gamers may not be attracted to this, given the price, and may simply not purchase a new version of the Xbox, and then shift to another system entirely when the technology eventually becomes obsolete. Or they may shift their leisure time pursuits to playing other games, particularly if the children in their home have grown up.

Despite buy-in costs, existing data seems…. [read more]

Effects of the Economy on the Airline Industry Term Paper

… ¶ … Economy on the Airline Industry

The changes underwent by economy play a high importance upon the development of all the industries. One could claim that industries are independent and that the key to their successful functioning depends on the efficaciousness of their management. This is true to a certain limited extent. Industries may have a certain degree of autonomy, but they do not undergo their activities on the moon.

The market is regulated by laws which depend on the status of the economy. Supply and demand depend on each other, just like they depend on the incomes of people. Consequently, it can be stated that no industry whatsoever can escape the influence of economy.

The latest trends in the development of the business…. [read more]

Fuel Options Essay

… Fuel Options

In today's society, it's important to weigh the costs and options for fuel. With oil prices on the rise and environmentalists concerned about the impact of global warming, we need to be aware of the different options that are available to us and the multitude of affects that different fuels could have on the economy and the environment.

According to the Environmental Protection Agency (EPA) there are five different types of fuel programs and regulations (Fuels and Fuel Additives, 2010). These consist of gasoline, diesel fuels, E15, renewable fuels, and alternative/clean fuels.

Gasoline is the most common type of fuel, and over the last 20 years, the U.S. has seen a decline in energy prices (Basic Information, 2007). Since the U.S. saw such…. [read more]

Economy Impact on Jlr Essay

… Bloomberg had an article that related that the CEO of JLR had resigned quickly without allowing the company to find a replacement (Phillip & Roth, 2011). This social issue could have caused great financial difficulties for JLR because the CEO is a major driving force behind how a company relates to customers, and how the company conducts itself financially. The company was able to promote from within to maintain consistency. This was an act that could have been seen as social in nature, but had a greater impact on the economics of the company than any social impact. It also can be seen as an internally political.

Automobile companies are only able to invest in new technologies, and acquiesce to the perceived needs of their…. [read more]

California Economy Essay

… ¶ … economy of California: Discussion

The five major industries of California encompass the fields of agriculture; oil and mining (natural resources), electronics and IT; movie making/entertainment, and tourism (California, 2010, Enchanted Learning). However, despite the legendary prosperity of companies such as Google and the need for staple products such as oil and food around the world, the economy of California has been described as being in a dire state. The state government's budgetary woes have required furloughs, layoffs, and even late paychecks for state employees. The economy was hard-hit by the housing boom and bust, much like neighboring Western states such as Arizona (Hay 2010). Commercial and public construction is lagging in terms of generating job growth in California.

According to Andrew Hay (2010)…. [read more]

Rising Cost of Fuel Term Paper

… In 1973, the retail price of a gallon of gasoline rose from a national average of 38.5 cents in May 1973 to 55.1 cents in June 1974. Meanwhile, New York Stock Exchange shares lost $97 billion in value in six weeks. Underscoring the interdependence of the world societies and economies, oil-importing nations in the noncommunist industrial world saw sudden inflation and economic recession. In contrast today, all developed countries have high fuel taxes that decrease as oil prices increase and can be eliminated in the event of a dramatic price spike. The American Strategic Petroleum Reserve could serve a similar role in overcoming price increases in an emergency, and some say that western economies are about half as reliant on oil as they were thirty…. [read more]

Food Prices Research Proposal

… ¶ … food prices over the past few years has been the result of several factors. Supply tightness increases volatility, so the high prices of the past few years indicate significant supply tightness in key variables. One of those variables is the supply of food itself. The supply of food has been adversely affected by demand for other agricultural cash crops. In the United States, for example, there has been a dramatic increase in demand for corn and soybeans. The spike in demand derives from increased biofuel demand. Corn and soybeans are converted into ethanol, which has been extensively promoted as a "green" solution to fossil fuel consumption. This demand reduces the supply of corn and soybeans available not only for food consumption, but for…. [read more]

Impact of High Fuel Costs on the Aviation Industry Research Proposal

… ¶ … High Fuel Costs on the Aviation Industry

Rising Fuel Prices: a global problem on the ground and in the air.

The rising costs of fuel today has become a global crisis for both industries and households. Being heavily dependent upon fuel for its continuing operations, airlines have been heavily burdened by such fuel prices. Indeed, some have gone to extreme measures such as laying of thousands of workers and delaying or eliminating long-distance flights. In addition, the general aviation industry has also suffered, along with the service providers associated with it. Recreational flyers have reported spending much less time in the air, for example. Solutions suggested in this regard revolve around alternative lead-free fuel. This has however not been conclusively investigated. Not being…. [read more]

Managerial Economics Rise of Global Gas Prices and Impact on a Company Thesis

… Gas Prices

High Gas Prices and Economic Turmoil

Today, the world is coming to terms with the reality of a global oil shortage. The petroleum which has constituted the dominant and exponentially consumed energy source of the last century is becoming scarcer and more costly. The race is on to determine the most practical substitute for this precious but environmentally destructive, politically inflammatory and economically pertinent resource, with such clean burning but as yet technologically inefficient alternative fuels such as ethanol, biodiesel and hydrogen cells all under empirical consideration. Other considerations are such renewable sources of energy as hydroelectric or solar power. And if regulated to determinable safety, a considerable increase on reliance upon nuclear power could help to alleviate our oil dependency. These alternative…. [read more]

BP Strategy Based on Oil Price Variation Research Proposal

… Companies competing in the oil and gas industry today are faced with a two-fold dilemma. On the one hand, they have invested enormous sums in an infrastructure that it specifically designed to identify and extract fossil fuels in the most efficient manner possible and most have entered into long-term contractual agreements with other countries where the proven reserves are located. On the other hand, the world's supply of fossil fuels is rapidly being depleted, and many experts caution that the days of cheap oil are about to end. In this environment, determining how variations in the price of oil tend to affect oil and gas companies' strategies has assumed new importance and relevance. The purpose of this study was to develop such an analysis to…. [read more]

Oil Prices Research Proposal

… Oil Prices

In recent years, the price of oil has become increasingly unstable. 2008 in particular saw a huge run-up in oil prices, followed by a sharp decline. While price movements this year have not been as dramatic, there is still significant volatility in the market. There are a number of competing theories with respect to why oil prices have become so volatile. There is some concern that speculation has driven the market to a greater extent in recent years, although this cannot be conclusively proven. Others suggest that supply and demand factors are more important. We are past peak oil, after all, and the price elasticity of demand has decreased significantly in recent years. This paper will analyze the recent volatility in oil prices…. [read more]

How the Automotive Industry Is Affected by the Economy Thesis

… ¶ … Automotive Industry Is Affected by the Economy

As the average price of gasoline tops $4.00 a gallon across the country, it is little wonder that an increasing amount of attention has been paid to the automotive industry recently. Today, an increasing number of consumers are demanding that the industry become more responsive to the growing energy crisis facing the country and develop vehicles that are more fuel efficient and less costly to maintain. While the pundits continue to debate the respective efficacies of various alternative fuel approaches and the need for more domestic production, it is clear that these trends are going to continue for the foreseeable future and the cost of oil will just keep rising for the next decade or so…. [read more]

Alternative Fuels Term Paper

… Ethanol for Fuel

In the famous fairy tale Rumplestiltskin, the miller's daughter is required to spin straw into gold. Only magic can accomplish it. But today, as the price of gasoline goes up and up, most Americans believe that alternative fuels must be developed -- soon -- and are hoping for some similar magic. The reality of the impending fuel crisis was brought home by Hurricane Katrina, which shut down Louisiana oil refineries and drove up the prices. Great hope that bio-fuels will be the solution to the problem has triggered interest and investment in the development of alternative fuels -- particularly, in ethanol. The challenge is to find cost-effective ways to make alcohol out of such renewable resources as corn, soybeans, and sugarcane, cellulose…. [read more]

Surging Oil Prices Essay

… 2. Delivery companies such as Federal Express and UPS are likely to raise rates.

3. Food prices will reflect the higher costs farmers incur to run their tractors and other equipment. Transport costs would also rise.

4. Plastic goods might increase in price, since plastic is derived from oil.

5. Crowding out -- since consumers' real incomes are already down 8.1% in the last decade, those higher prices will limit what consumers can spend elsewhere (Cohan, 2011, para. 2).

Although it is impossible to predict the future price of oil, the most recent estimates provided by the Federal Reserve place the growth at between 3.4% and 3.9%, with the three outcomes described in Table 1 below being the most likely.

Table 1

Three Possible Scenarios…. [read more]

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NOTE:  We can write a brand new paper on your exact topic!  More info.