Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno
Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno
The book Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno was written by author Here you can read free online of Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno a good or bad book?
Where can I read Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno for free?
In our eReader you can find the full English version of the book. Read Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno
In our eReader you can find the full English version of the book. Read Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno
What reading level is Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno book?
To quickly assess the difficulty of the text, read a short excerpt:
-13- all expenditures for Marine operations in all facets, were less than ten percent of the total capital budget, (b) The oil industry cannot generate enough capital internally to support the anticipated investment for expansion of production capacity during the 70s. According to a long-time oil economist John Winger, Vice President of the Chase Manhattan Bank and head of the Energy Economics Division, the oil Industry will need $1 trillion for the period of 1970 to 1985 (12, October 1972, p. ...364).
Unfortunately, we do not have the back up data to analyze Mr. Winger's capital expenditure projections which indicate a compounded growth rate of 13% annually. But if we were to accept them, one may ask where would all this money come from. His answer is, partly from operations and the rest from borrowing. In his estimation operations are not expected to contribute more than $600 billion, leaving a deficit of $400 billion which "is equal to seven times the demand on capital markets by petroleum companies during the past 15 years".
What to read after Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno?
You can find similar books in the "Read Also" column, or choose other free books by Zenon Soteriou Zannetos to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
-13- all expenditures for Marine operations in all facets, were less than ten percent of the total capital budget, (b) The oil industry cannot generate enough capital internally to support the anticipated investment for expansion of production capacity during the 70s. According to a long-time oil economist John Winger, Vice President of the Chase Manhattan Bank and head of the Energy Economics Division, the oil Industry will need $1 trillion for the period of 1970 to 1985 (12, October 1972, p. ...364).
Unfortunately, we do not have the back up data to analyze Mr. Winger's capital expenditure projections which indicate a compounded growth rate of 13% annually. But if we were to accept them, one may ask where would all this money come from. His answer is, partly from operations and the rest from borrowing. In his estimation operations are not expected to contribute more than $600 billion, leaving a deficit of $400 billion which "is equal to seven times the demand on capital markets by petroleum companies during the past 15 years".
What to read after Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno?
You can find similar books in the "Read Also" column, or choose other free books by Zenon Soteriou Zannetos to read onlineMoreLess
Read book Some Problems And Prospects for Marine Transportation of Oil in the 1970s Zeno for free
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
Write Review:
Guest
Read Also
8 / 10
User Reviews: