This work explores the relationship between price of crude oil and its production through an empirical study on regions Organization Petroleum Exporting Countries (OPEC) non-Organization (non-OPEC). The has recently been fluctuating greatly that it cannot be predicted; this fluctuation causes changes in prices raw materials for everyday life, thus affecting economy worldwide. To better understa...

The production of fuels from lignocellulosic biomass is key to reduce our reliance on petroleum and promote a sustainable bioeconomy. Butyric acid (BA) promising chemical precursor for the renewable diesel jet fuels. BA can be biologically produced sugars. However, challenges associated with product selectivity recovery must overcome achieve industrially relevant metrics. Here, we evaluate vari...

This paper examines the competitiveness of winner-take-all price competition in homogeneous product oligopoly environments where underlying buyer demands and/or firms’ costs need not be continuous. Our analysis is motivated by the observation that a variety of economic settings have these features. For example, in 1996 an Ivy League university solicited bids from several vendors for its initiat...

According to static models of industrial organization, a rise in competition decreases prices. In this paper, I test whether this conclusion can be reversed in the mobile telecommunications markets where dynamic e ciency e ects might be signi cant. The empirical test relies on the change in the intensity of competition introduced by the entry of the fourth mobile operator in France and the merg...

Within the depleting resources of fossil fuels and the increase in their price, in the recent past a lot of interest has been given to the use of plant oil specially the non-edible oil and its ester (biodiesel). Although the use of biodiesel in place of diesel has resulted in much lesser tail pipe emission, a substantial increase of NOx is reported by several researchers. It may be due to low c...

An oil spill is the accidental or intentional discharge of petroleum products into the environment due to human activities. Although oil spills are actually just a little percent of the total world oil pollution problem, they represent the most visible form of it. The impact on the ecosystems can be severe as well as the impact on economic activities. Oil spill cleanup is a very difficult and e...

Lithium ion batteries have become a widely known commodity for satisfying the world’s mobile energy storage needs. But these needs are becoming increasingly important, especially in the transportation industry, as concern for rising oil prices and environmental impact from fossil fuels are pushing for deployment of more electric vehicles (EV) or plug in hybrid-electric vehicles (PHEV) and renew...

Population growth, industrialisation worldwide and the consequent increase in the use of fossil fuels such as petroleum contribute to the advancement of environmental damage. Burning fossil fuels releases carbon dioxide (CO2) into the atmosphere, which contributes to an increase in the earth's greenhouse effect and climatic change (Balat & Balat, 2010). Factors such as increased demand for ener...