1. Description of Company and Industry Founded and headquartered in Peoria‚ Illinois‚ Caterpillar‚ Inc. is one of the world’s leading manufacturers of construction & mining equipment‚ diesel & natural gas engines‚ industrial gas turbines‚ and diesel-electric locomotives. It operates in five segments. The construction segment provides machinery‚ such as backhoe‚ loaders‚ small track-type tractors‚ and mini excavators for use in infrastructure and building construction projects. The resource segment
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government discovered in 1990s that it has oil in one of the cities specifically Doba unfortunately Chad is landlocked where they wanted to build a pipeline that pass by the southern west of Chad and it ends up near the Gulf of Guinea‚ Chad is a very poor country plagued by civil wars‚ dictatorships‚ and invasions by foreign powers. Chad is also landlocked‚ meaning that a pipeline through neighboring Cameroon had to be built to allow for the shipping of Chad’s oil. It had no source of funds where it had
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any prospective buyer of a Maruti Swift diesel in Mumbai‚ the price has gone up by ~Rs55k (8%) since Nov-11. 2) Fuel Price Hike: Fuel price hikes could hit the demand recovery As a result of the surge in global crude oil prices and currency (INR) depreciation‚ oil marketing companies (OMC) have raised prices seven times in the last 18 months. The total increase in petrol prices has been Rs15/litre (or 25%) between Oct-10 and Apr-12. By contrast‚ diesel prices have remained broadly flat
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Availability cost? Comparison theoretically to what extent it had achieved? Energy sector issues and development continue to severely constrain Pakistan’s economy in 2012-2013. Against the backdrop of a sharp increase in the international price of oil in 2009‚ which put enormous upward pressure on the cost structure in the power generation and transport sector‚ in particular‚ large domestic supply shortages of electricity and gas occurred. Lower accumulation of water reserves in dams compounded the
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| Department of EconomicsUniversity of Calgary‚ Canada. | Term Paper The Relationship Between Energy Consumption and Economic Growth Name: Niou Wu ID: 10047639 Economics 427 Professor: W. D. Walls Monday‚ December 06‚ 2010 Introduction The term of "Energy"‚ have rarely been mentioned before. However‚ during the the 21st century‚ as the growth of economics‚ it has become a very hot topic which involving economic‚ natural science and social science and other fields. This paper
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of governments‚ such as communism or fascism. Burma was a democracy until 1962‚ when the junta took over. The junta was a military dictatorship that had control by playing off of the fear the people had of them. The junta had begun to monopolize the oil industry‚ until in 2007‚ when the government had a full monopoly‚ they nearly doubled the cost of gas‚ “The price of petrol rose from 1‚500 kyat (US$1.17) to 2‚500 kyat (US$1.95) per gallon‚ while diesel rose from 1‚500 kyat to 3‚000 kyat per gallon
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Arabia’s economy today is very well based on the fact that they have been blessed with oil. “According to the Oil and Gas Journal‚ Saudi Arabia contains approximately 264 billion barrels of proven oil reserves (including 2.5 billion barrels in the Saudi-Kuwaiti shared "Neutral" Zone)‚ amounting to around one-fifth of proven‚ conventional world oil reserves”.1 This clearly shows the dominance of Saudi Arabia in the oil market. Now there are other countries such as Iran who have become large producers
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2. Current situation and structure of the energy market The rapid increase in electricity supply in Slovenia has been determined by increasing industry‚ public and household electricity demands. In 2011 the Slovenian energy market relied on oil (34.5%)‚ coal (22.8%) and gas (11.3%)‚ whereas nuclear energy (20.8%) and renewable energy
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ranked 62nd out of 99 coastal tourism destinations in a recent evaluation by the National Geographic Society. The overall view of the organisation is that “the cultural‚ biological‚ and geological diversity of this semi-submerged volcano‚ whose rugged peak rises abruptly from the southwest Indian Ocean‚ makes it an especially appealing. Unfortunately‚ the tourism industry‚ characterised by large‚ all-inclusive resorts‚ fails to contribute to a sense of place and doesn’t economically benefit local residents
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reserves were consumed worldwide. Crude oil‚ based on World Energy Council Member Committees and supplementarysources‚ stands with 1239 billion barrels remaining after 2008. And at the 2008 consumption rate‚ only roughly 50-60 years remain for the use of the 185.5 trillion cubic meters in globalgas reserves. All these numbers were collected from Kotcioğlu’s article‚ Clean and Sustainable Energy Policies in Turkey‚ but in my eyes‚ the disagreement over when we reach peak energy or finally run dry of nonrenewable
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