menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
(bounds of the firm) ashland oil, inc., buys its crude oil in the market. larger oil refiners, such as texaco, drill for their own crude oil. why do some oil companies drill for their own crude oil and
asked
Sep 11, 2018
63.3k
views
5
votes
(bounds of the firm) ashland oil, inc., buys its crude oil in the market. larger oil refiners, such as texaco, drill for their own crude oil. why do some oil companies drill for their own crude oil and others buy crude oil in the market?
Business
college
RGRGRG
asked
by
RGRGRG
7.9k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
Some oil companies drill for their oil crude oil because they can afford it and a certain stage it adds more value to their business. Furthermore, it's a way of controlling a larger segment of the industry and being less dependent of the uncertainties linked with the supply segment. Other companies which don't drill on their own can't generally afford it. Or it may be that they deem it better for their business to only focus on distribution.
Thrallix
answered
Sep 15, 2018
by
Thrallix
7.3k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
May 10, 2019
230k
views
Congratulations! you have just been hired by refiners-r-us. as part of your initial training, you have been asked to analyze two crude oils that they are considering for refining operations. calculate
Matiullah Karimi
asked
May 10, 2019
by
Matiullah Karimi
8.2k
points
Business
college
1
answer
5
votes
230k
views
asked
Feb 12, 2020
36.7k
views
Heating-oil prices are expected to be higher this year than last because refiners are paying about $5 a barrel more for crude oil than they were last year. (A) Heating-oil prices are expected to be higher
Brandon DuRette
asked
Feb 12, 2020
by
Brandon DuRette
7.9k
points
English
high-school
1
answer
0
votes
36.7k
views
asked
May 10, 2024
89.8k
views
Explain Job's reference to the refiner's fire.
Salouri
asked
May 10, 2024
by
Salouri
8.0k
points
English
high-school
1
answer
0
votes
89.8k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org