Beruflich Dokumente
Kultur Dokumente
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The Project
Topic: I will be presenting a detailed breakdown of the way in which different
economic conditions affect the petroleum industry. This comprehensive
presentation will include information on the components of petroleum
economics.
Description: The project will be about the different factors that affect the
petroleum industry and the multiple ways in which, the petroleum industry in
turn affects other industries. The presentation will explore the perspective of
the consumer and the buyer, assessing the supply and demand for petroleum
and the cause and effect of rising and declining oil and gas prices. This will be
depicted in the form of economic graphs.
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Crude Oil
Definition: Petroleum that is naturally occurring, found beneath
the Earths surface, and refined into various types of fuel
gasoline, diesel fuel, kerosene, etc.
- A barrel of crude oil = 42 gallons of crude oil = 19.74
28.14 gallons of gasoline (1 gallon of crude oil = .47 .67
gallons of gasoline)
Pricing:
- Price determinants:
Supply
High Supply, Low Demand, Low Prices
Low Supply, High Demand, High Prices
Consumption
Financial markets
Government policies: rules and regulations may raise
or lower demands for crude oil
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The Product
My product will be incorporated into my Prezi presentation in the form
of numerous audio-visual media files. I will be creating thirty second videos of
different economic situations by fusing together various clips to display a
type of economic situation (i.e war, natural disaster, etc.) and its effect on the
petroleum industry (i.e. rising or falling prices, unemployment, etc). This will
allow the audience to better visualize the conditions in which the petroleum
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economics is the most influenced and the industrys response midst different
situations.
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The Conclusion
The Topics Covered:
Petroleum Economics the exploration and development of gas and oil fields
underwater
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Sectors of petroleum industry
Upstream, midstream, downstream
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Crude Oil or Petroleum
Definition, pricing, marketing
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Causes of declining gasoline prices
OPEC, technology, economic efficiency
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Causes of rising gasoline prices
OPEC, wars, limited resources
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Effects of gasoline prices on economy and other industries
Transportation, unemployment, consumption
The next time you speed past gasoline price signs, remember the economic
decision and consequences behind gasoline prices. It is important that we
recognize the way in which the petroleum industry is measured in terms of
economic progress. (Attention grabbing ending. Most likely spoken and not
projected on screen.)
Slide 12:
Thank Yous
I am grateful for receiving the opportunity to work with Mr. Raheem Momin,
who provided me with a chance to expand my knowledge.
I would like to extend this appreciation to my parents for supporting and
aiding me in the completion of this project.
I would like to thank my graders and evaluators, who took the time out of
their day to see me present.
A warm thank you to my teacher, Mrs. Click, who provided me with endless
resources to learn and grow.
* ALL information will be in bullet points and well spread out. For the sake of this
outline, explanation and descriptions were mostly in the form of paragraphs.
Wording and structure expected to change.