Where Is Our Oil and Gas Industry Headed????

TABLE OF CONTENTS Executive Summary………………………………………………………………3 Introduction……………………………………………………………………….4 Description………………………………………………………………..4 record…………………………………………………………………….4 Organization……………………………………………………………….5 Governmental or Environmental Factors…………………………………..6 Market bodily structure……………………………………………………………………6 Industry guide…………………………………………………………………..7 Key Determinants of Demand……………………………………………..8 Future Expectations of Demand……………………………………………8 Industry Analysis………………………………………………………………….10 Threat of entry by in the altogether competitors……………………………………….10 Rivalry among existing competitors ……………………………………..11 Pressure from substitute products ……………………………………….11 Bargaining origin of buyers……………………………………………..11 Bargaining power of suppliers …………………………………………..12 Conclusion……………………………………………………………………….12 Footnotes…………………………………………………………………………. 15 References………………………………………………………………………..

18 Appendix…………………………………………………………………………19 EXECUTIVE SUMMARY The joined States is a leading producer of refined petroleum and a major player in the world(prenominal) decision regarding this fabrication. Our commonwealth is beset by a shrinking supply or decline in production, pressures of environmental concerns, yet increase in demand. These problems are not unique to our country. Globally, we are dealing with a resource that will eventually be depleted. Increasingly, avenues for other countries to commencement ceremony the demand of the United States have caused the domestic industry to shipment the need of increasing supply. The main areas of the large entity of the petroleum industry analyzed were: Government and environmental regulations Decline in US production Increase in global demand Competitive forces of the industry The oil and brag industry is an oligopoly with regards to OPEC and there are few countries who dominate global oil production. By definition, an American firm with desire to take down the industry, must first evaluate the... If you want to get a full essay, order it on our website: Orderessay

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