Why do we have to pay $3 for a gallon of gas Research Paper

Why do we have to pay $3 for a gallon of gas - Research Paper Example It is important to note that the oil prices are dependent on the six super major companies of oil and gas. These super majors are BP, Chevron, ExxonMobil, Royal Dutch Shell and Total. Oil accumulates between various layers of the porous rocks or other subsurface. Thus, the main idea is to locate the right convergence necessary in creating the required oil pool. Geologists find possible oil locations to explore through aerial photographs. Initially, oil wells were drilled at random locations or around other established oil wells. However, now oil is located using a vibrator to cause vibrations that geologists listen to and process data using computers into seismic lines. Once a location is found, then the explorers now undertake the drilling process. After drilling the oil well, a measuring device is then lowered into this oil hole and the information about the earth properties are gathered (Research, 214). This information includes such aspects as the density, type of rock that is present and the fluid contained in the rocks. After finding this information, if the hole is promising, then the drilling process is continued. If this hole is not a good location requi red, then the hole is filled up and the entire process begins all over again. Main sources of oil drills The world gets its daily ration of over 85 million oil barrels from over 4000 fields. Most of these are small with less than 20000 barrels each day. However, there are major oil giants that produce over 100000bpd. Then there is the category of the mega fields that produce over 1000000 bpd. These are recognized as the most important sources of oil in the world. The top most of these mega oil giants is the Ghawar in Saudi Arabia. It accounts for over 100 billion oil barrels. It is 160 miles long and 16 miles in width. The secret to the reservoirs longetivity is its water injection. From the 1960s. Saudi Armco commenced injecting water underneath the

Expatriates and the problems associated with international diemensions Essay

Expatriates and the problems associated with international diemensions - Essay Example The interpersonal relationships with the host country staff and cultural differences in the working environment in the foreign location also pose a problem for the expatriates to function at their best. Thus the consideration of several critical contextual, situational, cultural and economic factors relating to expatriation both from the perspective of the host country as well as the parent country is of vital importance to ensure an efficient expatriate performance. On the basis of the feedbacks for the Emaill Survey received from the current and previous expatriate employees of Officecomm, this paper presents a detailed report on the HR problems and issues concerning the expatriate employees. The paper also makes certain recommendations for the improvement of the expatriate employee performance based by reducing the impact of these issues on the analysis of the feedbacks. Black (1988) opines that "International assignments create significant demands that often exceed the knowledge, skills, and abilities of the expatriate" The expatriate's assumptions regarding the social interactions both in the workplace as well as with outsiders do not hold any real ground as he/she is completely alien in the host country. This gives rise to specific challenges in fulfilling his/her assignment successfully. Such challenges may relate to discharging the functions of leading, communicating and imparting technical knowledge to the host country employees.(Tsang, 2001; Wang, Tong, & Koh, 2004). Apart from the social issues there are other contextual and cultural issues the host country may pose to the expatriates. Differences in Languages, communication and feedback methods, other behavioural issues and differences in the management styles as compared to those in the parent country may hinder the performance of the expatriate in the host country. 3.0 Issues Concerning the Expatriate Employees of Officecomm: Apart from the above general issues which affect the expatriate executive performance in Officecomm there are other firm-specific issues which are detailed below: 3.1 Gloomy Future on Repatriation: One of the important but unexpected issues in the global business environment is the repatriation. Repatriation is the reverse process of expatriation. It may be noted that the same characteristic features that made an employee becomes an expatriate make the returning back for them complicated due to the cultural shock they face on the reverse direction (Frazee, 1997; Allard, 1996). Harris et al. (2004) note that despite the importance of international assignments, organisations are not yet able to fully evaluate the benefits associated with their use. Clague and Krupp (1978) suggested that international assignments should be perceived not just as a means to solve specific job crises overseas, but as an integrated part of the employees' careers. Quite naturally the employee before becoming an expatriat