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Oil Production Questions

The paper is written in four parts looking at different issues concerning the operation of oil companies. The first part of the paper looks at areas where there may be potential to reduce the delays in the process of converting oil into gasoline. The second part of the paper explains the link between the retail price of gasoline and the price of crude oil. The third part of the paper considers strategy the company may use to retain profits while keeping gasoline prices steady where crude oil prices increase. The final part of the paper looks at potential inputs that may need to be considered is the short-term ban on deep-sea oil drilling off the coast of the US remains in place. Three sources are cited in the bibliography of this five page paper.

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