0
What else can I help you with?
Why natural gas price are increasing?
Because its expensive to build power stations and transport but once people use crude oil less then it will go down because money would go into natural gas production instead of crude oil
Why is it not possible to conclude that OPEC total revenue would increase if it were to cut its production does the elasticity of non- supply have any influence on how the price of crude oil changes?
OPEC acts like a monopoly on crude oil. They can cut production and decrease the supply of oil, thus raising the price, but this does not necessarily increase revenue. As the price increases, the demand decreases. The percentage change in quantity demanded in response to a one percent change in price, while holding all other factors constant, is called price elasticity of demand. If the price elasticity of demand is high, then the demand will decrease significantly as the prices increase, and revenue may not increase.
How does weak US dollar influence the price of crude oil?
Dollar is international currency and when the dollar is weak countries would be able to purchase more quantity of oil with lesser currency...however this is only when OPEC keep the prices stable Crude oil is mainly traded in US dollars, and when the US dollar weakens the crude oil market participants (speculators, producers, refineries, etc.) push the price of crude higher on the expectations that oil producers are entitled to at least the same prices as before in their own currencies, after exchanging US dollars into their currency. In economics such relationships are explained by Purchasing Power Parity theory.
What are bid and ask prices?
Bid is the highest price someone is offering to buy the securities for at a given point in time. Ask is the lowest price someone is offering to sell the securities for at a given point in time. When placing a trade you would typically be buying at the ask price and selling for the bid price.
Why does the price of gas go up the day after a rise in crude oil price?
The gas companies see that there is an increase coming in their next purchases of crude oil and they are building capital in advance to make those purchases. In the United States, gas stations can change their prices only once a day. (On interstates, it's just once a week.) Stations would probably change their prices even sooner than the next day if they were allowed to legally.
What would be the lowest price for a new Lincoln MKS?
The lowest price for a new Lincoln MKS is around $43,000. The car is a mid range model and the lowest price would not include extras. A used version of the car can be purchased at a lower price.
How much is a ford naa worth?
The lowest price would be £500 the highest price would be ..........£1800
What happen to meg price when crude oil price increase?
she fainted and died......i acually dont know,...but...a nice spirit would answer in this fashion
What is the best brand of speaker for the lowest price?
The best brand of speakers for the lowest price would be to go with a Sony . They sell all makes and models for all different types of price ranges and have a very good reputation .
What is the average price for a pro trombone?
te lowest price would be 1000 dollars, if you want agood one, 3000, then the BEST would be 10,000
Where can you find the book Mockingjay for the lowest price?
I would suggest Amazon, Costco, or Sams :)
What is the lowest price that can be paid for traffic school?
These prices would very depending on your method of learning. There are video, online, or classroom settings available, so I suppose that the lowest price that can be paid is $9.95 for an online course.
How much was a barrel of oil in 1968?
In 1968, a barrel of crude oil was about $3.18 (in 1968 dollars). Today, in 2010, even adjusted for inflation, the same barrel would only cost about $19.78!
What is the lowest price of a cheap Renault Espace?
The lowest price of a cheap Renault Espace is a ranging number between ten and twenty dollars varying on how much the person would want to spend and other factors as well.
What are the ticket prices of WrestleMania 28?
Since its really important the ticket prices would be very high. I'm guessing lowest price would be around 60 to 70 dollars. Lowest.
What's the estimated lowest price you could get a fairly good digital video camera?
With the deals that are out there today, I would have to say around 80 bucks. You don't want to get anything lower than that because the quality will be horrible.
How much is a jdbug?
A JDBUG is about 35 pounds at the lowest. I would say the most price is about 110 pounds :)
