Reference no: EM131174258
1- If oil and natural gas are close substitutes discuss the effect of a negative shock to world oil supplies as in (1) on field prices, import prices, quantities, and market clearing conditions for natural gas sold in the U.S. under the following conditions:
a. Field prices for natural gas produced in the U.S. and prices for imported gas are unregulated. Pipelines pass through the cost of the gas they purchase in the field in the prices they charge to local distribution companies.
b. The field price of natural gas produced in the U.S. is subject to a price ceiling equal to the pre-shock domestic price of natural gas while imported gas prices are unregulated. Pipelines are required to charge the average prices they pay for domestic and imported gas to local distribution companies
c. The pipeline network in the U.S. was operating at full capacity prior to the supply shock.
2- The United States maintains a Strategic Petroleum Reserve (SPR) that now contains 700 million barrels of crude oil.
a. What factors would you take into account to design a policy to determine when and how much oil is released from the SPR?
b. How would the expected supply behavior of OPEC affect your policy design?
3- Discuss the energy markets:
1- International Oil market
2- Markets for natural Gas
3- Integrated analysis of energy systems
4- Discuss the economics of energy and environment interactions:
1- The economics of environment protection
2- Pollution control from the stationary and mobile sources
3- The economics of climate change
4- The basics of the clean development mechanism
|
Resemble a neo-mercantilist approach to trade
: Would China be considered as pursuing economic policies that resemble a Neo-mercantilist approach to trade? Explain the theoretical and practical relevance of the question within context of the trade theories
|
|
Consider nation where the inflation rate
: Consider a nation where the inflation rate is currently 2% and bonds earn real interest of 3%. Calculate the cost of holding money (as opposed to bonds). Express your answer "as a percent, but without the percentage sign." Follow all numeric instruct..
|
|
Models of the firm and for model
: Discuss the basic models of the firm and for each model, clearly highlight its assumptions and limitations.
|
|
Create income statements and a break-even analysis
: In part I you will create income statements, balance sheets and a break-even analysis. In part 2 you will address benefits of cash-flow analysis and create cash flow statements.
|
|
Discuss the effect of a negative shock
: 1- If oil and natural gas are close substitutes discuss the effect of a negative shock to world oil supplies as in (1) on field prices, import prices, quantities, and market clearing conditions for natural gas sold in the U.S. under the following..
|
|
Which technique do you believe would be most effective
: Compare and contrast failure mode and effect analysis (FMEA), fault tree analysis (FTA), and management oversight and risk tree (MORT). Which technique do you believe would be most effective for hazard analysis in a facility that primarily perform..
|
|
Craft book report on book too big to fail andrew ross sorkin
: Craft a book report on the book "Too Big to Fail Andrew Ross Sorkin". Book review should be at least three pages but not longer than five pages; format can be single or double spaced.
|
|
Explain horizontal and vertical analysis of balance sheets
: Horizontal and vertical analysis of the balance sheets for the past two years (all yearly balances set as a percentage of total assets for that year) for both firms.
|
|
The government imposes a minimum price on gasoline
: The government imposes a minimum price on gasoline that is above the equilibrium price. You accurately predict that A. the law will create an excess supply of gasoline. B. gas stations will start refurnishing their stations. C. less gasoline will be ..
|