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Oil Markets and Their Impact on the US Economy


economy were dire. Whereas just months previous, prices were expected to top out at $100 before returning to a more reasonable equilibrium point (Schoen, 2007), now the potential of $200 barrel oil came to pass, bringing with it economic catastrophe (Biderman, 2008)

Oil Markets and Their Impact on the US Economy


economy were dire. Whereas just months previous, prices were expected to top out at $100 before returning to a more reasonable equilibrium point (Schoen, 2007), now the potential of $200 barrel oil came to pass, bringing with it economic catastrophe (Biderman, 2008)

Oil Markets and Their Impact on the US Economy


In the late 70s, price elasticity was estimated to be between -0.21 and -0.34 (Hughes, et al

Oil Markets and Their Impact on the US Economy


Yet now, more than in the 1970s, there are real supply issues. Peak oil is widely believed to have come and gone (Deffeyes, 2003)

Oil Markets and Their Impact on the US Economy


Peak oil is widely believed to have come and gone (Deffeyes, 2003). Emerging nations such as China and India are rapidly increasing consumption, causing a reduction in world supply (Mouawad & Werdigier, 2007)

Oil Markets and Their Impact on the US Economy


demand for oil is estimated to be 18.99 million barrels per day (Doggett, 2009)

Oil Markets and Their Impact on the US Economy


This results in further reduction of money in the economy on account of inflation. Historically, the United States economy has been able to grow despite increases to gas prices as a result of productivity improvements (McNamara, 2006)

Oil Markets and Their Impact on the US Economy


There are many benefits to cheap oil in the United States. These include increased money for consumers, lower cost structure for business, a reduction in the transfer of wealth, and lower inflation (Majidi, 2006)

Obligations the Status of Aliens in a


Article 3: Definition Article 3 of the ECHR concerns the probation of torture outlaws "inhuman or degrading treatment or punishment" for all persons (European Convention on Human Rights, 2010). The article has been used in the defense of Jeremy Bamber who successfully appealed his whole life sentence as an inhuman punishment which contravened Article 3 of the ECHR in the UK (Casciani, 2013)

Obligations the Status of Aliens in a


At the same time, there is a question of "fair balance," for as interpretations of Article 3 are made, application is something that must be considered. Article 3: Interpretation The "fair balance" principle that the ECHR has inspired is one that makes many believe that Article 3 is more inclusive than the actual text implies, and other Articles have been used in such a way as to signify that the actual terms and conditions are much looser than a rigid by the book definition and implementation would propose (Thym, 2008)

Global Business Over the Last Couple of


As explained by Matusitz and Leanza (2009), globalization "has the capacity to enchance scholarly understanding of globalization with reference to global agency and cultural differentiation." Further, "not only is China a nation where Wal-Mart had to globalize the most, China is also the fastest growing market in the world" (Matusitz & Leanza, 2009)

Global Business Over the Last Couple of


One factor is the issue of control. One study on the subject, as authored by Pangarkar and Klein (2004) theorize that "the exercise of control increases the performance of international joint ventures only when the transaction costs are high and when there are large differences between partners and no prior business relationships" (Pangarkar & Klein, 2004)

Global Business Over the Last Couple of


The study made use of a LISREL analysis and the overall results seemed to support the hypothesis posed by Wong. Wong found that "trust in management is found to have a significant effect on employees' turnover intention, whereas trust in supervisor is found to have a significant effect on employees' organizational citizenship behavior" (Wong, 2012)

Global Business Over the Last Couple of


Strategic orientation can have a lot to do with things like technology use and customer interaction strategies. These are drivers of how competitive a business is a well (Xiaoyun, Xin & Zheng, 2014)

Logistics of Building a Lunar Greenhouse


However, it is likely that some trace mineral, or perhaps even a physical property of the Lunar material is interacting with the minerals we furnish to give a more desirable medium for plant growth. This is a very exciting discovery and one that was totally unexpected in the tests conducted in the Lunar Receiving Laboratory" (Murphy ¶ 12)

Logistics of Building a Lunar Greenhouse


Environmental factors, including light, air quality, and ventilation impact plant growth in microgravity, however, control of water, air, and nutrients in the root zone, relate more limiting effects. "Development of plant growth systems for microgravity has been driven by mass, volume and power constraints; water and/or media containment; water/air phase separation; and the need to recycle water, nutrients, and growth media" (Steinberg, Ming, and Henninger, 2002, p

Logistics of Building a Lunar Greenhouse


The need to build a lunar greenhouse, the literature asserts, includes a number of, but may not be limited to the following reasons: 1. Taking astronauts' exhaled carbon dioxide and turning it into oxygen generates oxygen astronauts need (Sorenson)

Consumer Habits Men Versus Women


The fact that men are less process-oriented shoppers makes online shopping a boon for them: men who shop online browse for goods "an average of 31 times a month vs. 22 times for women," "make 20% more purchases online each month than women" (Loechner 2004)

Consumer Habits Men Versus Women


If a man cannot find what he wants, he is more likely to simply give up and go elsewhere. Even when shopping by his own free will, men prefer more "obvious" displays: "If the [male] shopper is a wine connoisseur, for example, he'll feel more in his element at one of the store's organized tastings -- with merchandise on hand, of course -- than he would simply sifting through racks of clothes" (Poggi 2008)

Consumer Habits Men Versus Women


Women and Men as Consumers Consumer habits: Men vs. women "Men buy, women shop" (Wilder 2007)