This paper presents a framework for assessing the fiscal condition index (FCI) and develops a concept to assess fiscal condition of governments and implements it into Iran government as an oil exporting country. The concept consists of four dimensions ­-revenue, expenditure, budget balance, and debt structure-and each dimension has its own indicators. There are seven indicators examined namely ...

The Hubbert model of crude oil production can describe several regional cases, but it is not yet generally accepted as being of validi for all cases, especially for the worldwide case of oil extraction. The present paper shows that the model is of general validity to describe cases in which a resource is depleted faster than it can be replaced, as in the case of biological resources. In some ca...

0016-2361/$ see front matter 2012 Elsevier Ltd. A http://dx.doi.org/10.1016/j.fuel.2012.03.031 ⇑ Corresponding author. Tel.: +60 16 590 3110; fax E-mail address: [email protected] (H.C. Ong). Increased biodiesel production is being proposed as one solution to the need to ease the impact of increased demand for crude oil and to reduce emissions of greenhouse gases. Despite this, biodiesel has ye...

Gasoline accounts for about half the U.S. consumption of petroleum products, and its price is the most visible among these products. As such, changes in gasoline prices are always under public scrutiny. Many claim to observe an asymmetric relationship between gasoline and oil prices—specifically that gasoline prices respond more quickly when oil prices are rising than when oil prices are fallin...