Experiment #1: Synthesis of Salicylic Acid From Wintergreen Oil By: Asad Razzaq TA: Date: 18/01/2015 222/Lab Section 8 Introduction Salicylic acid‚ used in production of substances used worldwide such as commonly used analgesic drug aspirin(cite)‚ can be obtained from natural resources such as wintergreen oil or can be synthesized. Through a series of chemical reactions with cheap raw materials beginning with beginning with methyl salicylate and‚ it is a cheaper and more
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Crude oil‚ being the leading provider of energy on this planet‚ is closely monitored‚ forecasted and heavily traded in the world market. The International Energy Agency (IEA) is one of the noted agencies in charge of accounting for current supply and estimating oil future demand. As Sohbet Karbuz reports in his article‚ Confessions of a Statistician‚ the accounting of these fundamentals is complex‚ requires significant guess work and be subject to fraud and misreported information. This makes
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The Development of Oil Sands in Alberta Instructor: Dan Murray Yifan Wang University of Waterloo 15‚ February‚ 2013 Summary A controversy around the development of oil sands in Alberta is developed in this report. Potential factors of its development‚ including economic‚ social‚ and environmental factors‚ are taken into consideration. All the information contained in this report is retrieved from other materials‚ such as peer review‚ journals‚ government reports‚ and online news. All the
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Cross Elasticity of Demand (XED). Is a measure of how much the demand for a product changes when there is a change in the price of another product. Determinants of Price Elasticity of Demand. is a measure used in economics to show the responsiveness‚ or elasticity of the quantity demanded of a good or services to a change in its price. Determinants of Price Elasticity of Supply. is a measure of how much the supply of a product changes when there is a change in the price of the products.
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Market Equilibrium of Crude Oil Gina Brazelton Economics 561 April 17‚ 2012 Dr. Jill Trask Market Equilibrium of Crude Oil Market equilibrium occurs when there is no shortage or surplus of a product‚ therefore‚ buyers and sellers get what they want. When there is a change in either the supply or demand this will eventually adjust to a new equilibrium of price and quantity. Right now‚ industries are not only faced with ever-changing periods of consumer demand but their own production inventory
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www.ProcessEngr.com Oil Refinery Processes A Brief Overview Ronald (Ron) F. Colwell‚ P.E. mol`bpp Copyright © 2009 Process Engineering Associates‚ LLC. All rights reserved. “Excellence in Applied Chemical Engineering” Some Historical Events • • • • • • • • • • • • • • • • • 3000 BC Sumerians use asphalt as an adhesive; Eqyptians use pitch to grease chariot wheels; Mesopotamians use bitumen to seal boats 600 BC Confucius writes about drilling a 100’ gas well
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Sudan Oil Sudan had two unmistakable real societies - Arab and Black African - with many ethnic and tribal divisions and dialect bunches‚ which makes viable joint effort among them a noteworthy issue. The northern states cover a large portion of the Sudan and incorporate the greater part of the urban focuses. The vast majority of the 22 million Sudanese who live in this locale are Arabic speaking Muslims‚ however the lion’s share likewise utilize a conventional non-Arabic native language (i.e.‚ Nubian
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INTRODUCTION Pakistan State Oil (PSO) is the oil market leader in Pakistan enjoying over 78.2% share of Black Oil market and 54.3% share of White Oil market. It is engaged in import‚ storage‚ distribution and marketing of various POL products‚ including Mogas‚ Diesel‚ Fuel Oil‚ Jet Fuel‚ Kerosene‚ LPG‚ CNG and petro-chemicals. This blue chip company‚ the winner of "Karachi Stock Exchange Top Companies Award" and a member of World Economic Forum‚ has been a popular topic of case studies in Pakistan
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Oil and Economic Change in Texas Oil and Economic Change‚ 1890 – 1945 History 226 Fall 2012 #14 I. Connections a. Memory i. Texans were more innovative and wanting to lead the march into the west. ii. Memory changes from southern memory to Alamo Texas revolution. 1. 1890-1945 attitude changed as Texas Economy grew b. Politics iii. Often been the case that politics either helps or hurts economic iv. Doesn’t have a federal
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The Standard Oil Company of California(Socal) is trying to determine how much to bid on the Gulf Oil Corporation. George Keller‚ the CEO of Socal‚ would need to borrow 14 billion dollars in order to make a substantial bid. While banks are willing to lend the money because of Socal’s low to debt ratio‚ the loan would put the company in a highly leveraged position. In order to alleviate that debt‚ some of Gulf’s assets could be sold. Keller has to consider the value of Gulf’s exploration and development
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