The oil and gas industry is vital to many industries and is of importance to the maintenance of industrialized civilization itself and that is critical concern for many. Oil accounts for a larger percentage of the world’s energy consumption and the world consumes roughly 30 billion barrels of oil each year. While society, on a normal day to day basis consumes a large quantity, the demand spikes when areas are struck with catastrophic situations, such as the two hurricanes that hit this year. Focusing on the oil and gas industries as a supply chain manager, during the hurricanes, we evaluated Valero and how they overcame the obstacles they went through during and after the storm. Valero has headquarters in Corpus Christi and Houston along …show more content…
The gas supply chain has many phases but can be grouped together as five phases and some being more invasive then others. All companies in the Oil and Gas industries use the, some slightly different, process of phases the gasoline takes to be distributed. The first phase that is taken is the domestic and import of oil that is sent to the refinery, the next 4 steps are the steps that are taken to turn the oil and gas into a product that can be used for the public and how it is distributed. All phase of the gasoline supply chain are very crucial and no phases can be skipped over.
Our team went with Valero Energy to research and how they run their day-to-day operations and what procedures they take when faced with difficult situations such as hurricanes. Valero Energy operates two business segments, refining and ethanol and current operate 15 refineries throughout the US, Canada, the UK and Aruba. Valero Energy delivers its products through tankers, pipelines, trucks, or rail cars. This company is well known and on the up and up to try and become the largest independent refiners in the US and currently churns out roughly 3 million barrels per day. The phases taken by Valero the same as other well-known companies but they take pride in holding a lower cost at their products.
Phase Two of the gasoline supply chain involves refineries manufacturing crude oil into gasoline and other petroleum products. When severe
America is not the only country that is recovering from an economic recession. The global marketplace is experiencing the same struggles that the recession has brought to countries across the world. Many companies have been impacted in a negative way from the recession, causing them to make some difficult decisions to survive during these turbulent times. When it comes to supply chain management, “it is remarkable how rapidly many businesses have successfully scaled back their supply chain operations in order to sustain profitability during difficult times” (Article p1)
Gasoline are complex mixtures of hydrocarbons (Gary et al, J., 2007) additives, and blending agents. The composition of gasoline depends on the refinery processes, the crude oil used, the overall balance of product demand, and the especially the product specifications. The typical composition of gasoline hydrocarbons (% volume) is: 4-8% alkanes; 2-5% alkenes; 25-40% isoalkanes; 3-7% cycloalkanes; l-4% cycloalkenes; and 20-50% total aromatics (0.5-2.5% benzene). Table 1 shows
A proposed oil pipeline project will have the capacity to transport thounsands of barrels of crude oil to refineries in Oklahoma, Illinois, and the Gulf Coast of Texas. The Keystone XL is a 1,711-mile pipeline delivering Canadian crude oil to United States oil markets. This project is a response to the market demand for heavy crude oil in the Unites States. The pipeline will also be used to transport crude oil to the Cushing tank farm in the Midwest region. Many refineries in the Gulf Coast region provide millions of barrels per day, This region accounts for almost half of U.S. refining capacity. The refineries produce large amounts of refined petroleum product, like gasoline and jet fuel. The negative impacts of
Of the all the oil fields throughout Canada, 25% are offshore locations in Newfoundland. 8% comes from either BC or Ontario and 67% of all onshore oil fields are in Alberta, which is defined by the term “Oil Country”. From these locations, pipelines are used to transport liquid oil to refineries. It is at these refineries the process of being turned into gasoline, diesel, and petroleum takes place. After this process, petroleum products are sent to distribution centres.
Busineses from car dealers to retail outlets were being hurt, according to state and federal officials. The spill was having a ‘multiplier effect’ on charter boats, vacation property owners, and tugboat ownrs among others, who were seeing customers cancel contracts. Used car sales were off twenty percent because potential customers were holding off on spending out of fear of the spill’s impact,
MEJRI, Mohamed, and Daniel DE WOLF. 2013. "Crisis Management: Lessons Learnt From The BP Deepwater Horizon Spill Oil". Business Management And Strategy 4 (2): 67. doi:10.5296/bms.v4i2.4950.
The supply of gasoline to various regions of the United States also plays a significant role. The country is divided into five different regions: Gulf Coast, East Coast, Midwest, Rocky Mountain, and West Coast. Some of these areas do not have enough refineries in their own region to support the consumption and therefore need it brought in. For example, the West Coast has very limited pipeline connections from the other regions. It must rely on water shipments and its small amount of refiners for its supply. If something should happen to the water shipments, i.e. a hurricane, tsunami, etc. it would greatly effect the supply of gasoline.
Even though the many different modes of transportation are crucial for survival, what happens behind the scenes is the most important attribute in keeping millions of vehicles and all of the world’s population running smoothly everyday, all day. This priceless and valuable commodity is what is commonly referred to as crude oil, and after several steps of refining, useable petroleum products emerge. (How Stuff Works, 2016)
Looking for hearty comforting meat casserole recipe? Stop looking, you've just found the perfect one! This casserole recipe will beckon your guests and family to the table in a minute!
Flood of the century or not, tech companies are taking steps to limit their exposure to the next traumatic event. Some are revising their inventory models; others are implementing supply chain software and setting up Web supplier hubs. Everyone wants tighter collaboration with suppliers and timelier information from customers. Tech companies are trying, in short, to make their supply chains shorter, transparent, and as flexible as possible. Rethinking of supply chain management at large networking, telecom equipment, PC and chipmakers is the remedy in this unstable
Around 530 million years ago, the Cambrian explosion made a significantly fast appearance of main groups of complex organism. This was confirmed by the fossil record. Along the support by an apparent diversification of various living things, including phytoplankton, calcimicrobes and also animals. 580 million years before this, most life forms were basic, made out of individual cells occasionally sorted out into colonies. The Cambrian explosion can be said to happen in waves. The initial, a co-evolutionary transformative ascent in differing qualities as animals investigated specialties on the Ediacaran ocean bottom, trailed by a second development in the early Cambrian as they established in the waters column. The pace of advancement found in the Cambrian times of the explosion is not paralleled amongst the marine creatures: it changed all metazoan clades where Cambrian fossils were found. Later radiations, the fish in the Silurian and Devonian era, included less taxa, for the most part with basically the same body plans. Despite
Mother Nature gave us natural resources to patronize and natural gas is one of them. Small quantities of ethane, propane, butane and pentane are found in the natural gas composition but it is mostly made up of methane. The high volume of pipeline gas makes it difficult for it to be transported in its gaseous form. This is the reason why the oil industry is dominating because of how easy it can be transported. Pipelines are suitable for transporting pipeline natural gas but constructing the suitable infrastructure is very expensive and not technically feasible for global transportation.1 In addition, for you to be able to make it in the gas industry you need trading partners to buy your natural gas. Having said that, one can deduce that the only way to make a
A wide range of petroleum products which include gasoline, diesel, liquefied petroleum gas (LPG) and aviation fuel is produced by Petron Port Dickson Refinery (PDR), which has a rated capacity of 88,000 barrels per day and operated by Petron Malaysia Refining & Marketing Bhd. Petron subsidiaries in Malaysia has eleven strategically-located depots and terminals to distribute their world-class fuels. Therefore, they are able to ensure a continuous and dependable supply of quality fuels to their various customers through this potent distribution network.
To know about me today, we cannot afford to just skip to the present, we have to start at the beginning of my life. It all began when I was born on August 24th, 2002 in Kingston, Jamaica. As a child I was quite interesting if not a little insane, I never had just one personality, I had several alter egos and personalities. To say the least, I was a character, I could portray any emotion at any time and that worked to my advantage on several different occasions. I was also very social as a kid, but this on the other hand did not work to my advantage on any occasion. I would talk to random people on the street and get lost almost everywhere I went.
The US consumed 142 billion gallons of gasoline in 2007 and the tax applied on it is 18. 4 cents on one gallon. All around the US, there are around 162,000 retail gasoline outlets. With the price of crude oil hovering around $100 a barrel, it is no wonder that concern is growing about the gas prices being so high. After all, modern economies are kept moving by this lifeblood. For instance, in the United States alone personal vehicles consume more than 140 billion gallons of diesel fuel and gasoline per year.However, there are several factors that contribute to the gas prices being so high. Given below are a few of them. Increasing Demand for Oil One of the main catalysts for the incessant rise in gas prices has been one of the most