TITLE

Business Grapples with Rising Oil Prices

AUTHOR(S)
Daks, Martin C.
PUB. DATE
March 2008
SOURCE
njbiz;3/3/2008, Vol. 21 Issue 10, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the effect of rising oil prices on businesses worldwide as of March 2008. It is reported that with oil prices reaching $100 per barrel in February 2008, profits of companies are being drained. Also, while some businesses try to reduce their costs with unique methods, others just have to live with lower profit margins. Robert Loderstedt of New Jersey Manufacturing Extension Program Inc. (NJMEP) suggests that businesses should review their entire operations and consider alternative energy like solar power.
ACCESSION #
31994751

 

Related Articles

  • Company Spotlight: Norsk Hydro.  // MarketWatch: Global Round-up;Sep2005, Vol. 4 Issue 9, p177 

    The article reports that Norwegian oil and gas producer Norsk Hydro ASA has seen its share price fall despite delivering a large profits increase for the second quarter of 2005. Norsk Hydro's operating profit for the second quarter increased by 36% to 11.26 billion Norwegian crowns, up from 8.29...

  • Energy Prices Will Rise. Evans, Michael K. // Industry Week/IW;Aug2004, Vol. 253 Issue 8, p72 

    Analyzes the factors involved in the increase in prices of petroleum products as of August 1, 2004. Comparison of oil prices in Iraq and the U.S.; Cost of refining oil; Problems in establishing alternative energy sources; Estimated time frame for the decline of the importance of oil.

  • Classic catch. Haselhurst, David // Bulletin with Newsweek;5/24/2005, Vol. 123 Issue 6471, p47 

    The article informs that as the benchmark oil price dipped below $US50/barrel for the first time in weeks, I overcame my caution and bought into Amadeus Energy, an Australian company that just keeps finding more oil and gas on its extensive properties in the United States. Amadeus, in line with...

  • SWOT Analysis.  // Amerada Hess Corporation SWOT Analysis;Jun2005, p5 

    Provides a business analysis of Amerada Hess Corp., a global and vertically integrated energy company engaged in the exploration and production of crude oil and natural gas, as well as in refining and in marketing refined petroleum products, natural gas, and electricity, focusing on its...

  • IBERDROLA net earnings came to EUR 878.6 million in the first quarter of 2013, a decline of 14.1%,.  // World Energy News;4/30/2013, p5 

    The article discusses financial performance of IBERDROLA SA in the first quarter of 2013. It is noted that net earnings of the firm was 878.6 million euro in the first quarter of 2013, which is 14.1% low in comparison to the same period in 2012. It is also stated that gross margin of the firm...

  • Completing the triangle. Craik, David // Motor Transport;6/21/2010, p30 

    The article discusses how Grampian Continental gained strong business performance from the services they provide to oil and gas industry and the challenges it is been facing. According to Michael Lacey, company director based in Aberdeen, Scotland, their customers in the renewable energy sector...

  • More unsettling news from Canada - Part II. Morgan, Maureen // Westchester County Business Journal;2/5/2007, Vol. 46 Issue 6, p9 

    The article reports on the second article of two-part series about "The Ten Principles of Post Oil-Peak" as outlined by Canadian planner Tim Moerman at an Atlantic Planners Institute Annual Conference. The sixth principle states that adaptation equals 90 percent conservation plus ten percent new...

  • Terrorism, the energy trap, and the way out. Mazarr, Michael J. // Christian Science Monitor;10/23/2001, Vol. 93 Issue 230, p9 

    Discusses the need for the United States to establish sources of renewable energy, in light of the idea that the United States depends on few countries to supply its petroleum demand.

  • WHAT COMES NEXT?  // Foreign Policy;Sep/Oct2009, Issue 174, p128 

    A brief introduction is presented to two articles, one by Michael Grunwald and one by David J. Rothkopf, on the myths and realities of energy alternatives to petroleum and other fossil fuels.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics