Introduction to the Global Oil & Gas Business

Introduction to the Global Oil & Gas Business

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To the casual observer, the oil business seems constant and unchanging. Most gasoline stations have done away with attendant services, and credit cards are accepted directly at the pump, but drive-in access and brand names remain largely as they have been for generations. The faade, however, is just that; it is like the false front of a Western town put in place to make everything seem bigger and grander than it really is. The familiarity of the oil industry's retail outlets masks extraordinary changes in how the industry engages in its four primary sectors of activity: finding and producing crude oil, transportation, refining, and marketing.An electric motor is approximately four times more efficient than an internal combustion engine, which dissipates most of ... 3) ofTesla, an electric car manufacturer, and describe a Honda Civic in each category except the electric battery, ... This assumes emissions are from gas-fired electricity, which in most cases is the marginal source of power generation.5 With this type of study, it is important to keep key assumptions in mind. ... Hydrogen fuel cell vehicles have zero pollution in use.

Title:Introduction to the Global Oil & Gas Business
Author: Samuel Van Vactor
Publisher:PennWell Books - 2010

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