Sunday, February 23, 2020

Gas consumption in the united states Research Paper

Gas consumption in the united states - Research Paper Example A study of gas consumption can help alleviate challenge and improve on efficient use of the commodity. The negative externalities can also be addressed after knowing the extent of gasoline use. The purpose of this research paper is to find how petrol tax, average income, proportion of driver’s population, paved way affects consumption of petrol gas. For this research, the data covers forty eight states and the sample represents the whole population. Introduction The research bases its data from the individual that owns vehicles and firm owner with the appliance that use petrol. Furthermore, the research targets small and large companies all industries. The availability of this information is crucial in preparing this report as it assures of credibility of the source of raw data. The report is reliable because the majorities of the respondent are literate and have the expertise and ability to give information accurately and provide insight in the gas industry. The report relies on a grass root survey of the entire gas industry for one year and forecasts on future consumption. The forecast of the report reveals a combined outcome of an entire target population. The methods used to collect and analyses the data limit a margin of error less than plus or minus 0.2%. Therefore, I can guarantee that the research paper provides a true picture of gas consumption in a year (Hejny S, etal 2003). ... dia have reported that gasoline has become cheaper, and the U.S is less dependent on imports from the Middle East, but this information remains elusive. The president on September 18 said that the country is not yet oil independent, but there is a boom of oil production that could benefit the country in future (Stratfor Geopolitical Diary, 2013). Oil production in the country skyrocketed to a high of 8 million barrels in a day, the highest production since 1989. Energy is used in heating and production of petrochemicals products. The usage can be broadly categorized to power generation and transport fuels. All the countries energy comprises natural gas, renewable wind power, coal, and finally nuclear power. In the U.S, petrol is derived from imports and domestic production of crude oil. The country produce it own coal and is almost being independent in its natural gas. The U.S and Canada oil deposit are not sufficient to rid off the country from global suppliers (Stratfor Geopolitica l Diary, 2013). One of the main agenda of the U.S government is security, and the country cannot produce enough energy for its people. Therefore, increasing production of oil ensures energy security for the country. However, this cannot be the only way to cure ‘addiction’ to oil. Companies like the GM and Tesla are now developing electric cars that use battery instead of oil. This technology can swipe the use of gas to electricity in the near future (Stratfor Geopolitical Diary, 2013)Â   The energy consumption in the United States has decreased compared to China. China currently tops the world in energy consumption. The U.S consumption has decreased by 1.6% since 2007. It has, however, consumed twice that of the European countries. In 2011, oil was the main source of energy at 36% with

Thursday, February 6, 2020

Strategic management Case Study Example | Topics and Well Written Essays - 500 words - 1

Strategic management - Case Study Example Distributors are the â€Å"intermediaries between the studios and exhibitors.† Distribution consists of marketing, logistics, and administration. Studios have traditionally desired full vertical integration through theater ownership, which enabled greater control over audiences and being able to tap into exhibition profits, such as advertising revenues. Falling ticket sales and the amplified costs connected with developing megaplexes promoted the consolidation among exhibitors. Four companies control the exhibition market: Regal, AMC, Cinemark, and Carmike. Regal focuses on mid-size markets using multiplexes and megaplexes. In 2009, Regal’s average ticket price of $8.15 is the uppermost among the leaders. AMC operates more in urban areas with megaplexes and focuses on the large population centers, such as California, Florida, and Texas. Cinemark operates in smaller markets, and is often the sole theater chain in over 80 percent of its markets. Cinemark’s average ticket price of $5.46 was the lowest of the major competitors. Carmike focuses on small to midsized markets. Carmike’s standard ticket price in 2009 was $6.56, but at $3.21, their average concession revenue per patron is the uppermost among the majors. There are three main sources of revenue for exhibitors: concessions, advertising, and box office receipts. Movie goers regularly complain about the high prices for concessions. In 2009, concessions reached an average of 30 percent of exhibitor revenues. Direct costs are a smaller amount than 15 percent of selling price, which makes concessions the principal source of exhibitor profit. These are affected by the three factors: attendance, pricing, and material costs. The most central is attendance: more attendees mean more concession sales. Exhibitors also produce revenue through pre-show advertising. Even when it makes 5 percent of revenues, it is highly lucrative. Ticket sales constitute two