The relative attractiveness of US LNG exports—is the threat to Australian projects real?

2015 ◽  
Vol 55 (2) ◽  
pp. 420
Author(s):  
Vivek Chandra
Keyword(s):  
Gulf Coast ◽  
Capital Expenditure ◽  
Low Cost ◽  
Market Price ◽  
Oil Prices ◽  
Unit Costs ◽  
Sales Contracts ◽  
The Us ◽  
Relative Attractiveness ◽  
High Feed

The competitiveness of Australian LNG projects against US projects has been a subject of much debate; however, as oil prices have fallen since mid-2014, the debate has shifted from the relative commercial terms of the LNG sales contracts to the relative cost of supply. Falling oil prices have decreased the price of LNG in the traditionally oil-linked price markets of Asia. A lower cost of LNG will increase the demand for gas, especially in the power generation sector. New gas supplies would be required to meet increased demand, but the new supply must be at a competitive cost. The market price will be set by the marginal cost of incremental supply. Legacy projects in Southeast Asia, the Middle East and Australia are unable to increase their volumes. The only other source of incremental supply that can profitably sell at these lower prices are new projects in the US Gulf Coast. Australian greenfield projects will not be able to sell at these prices as they suffer from high capital expenditure (capex), high feed gas prices and high operating costs. In contrast, US Gulf Coast LNG projects are being constructed at significantly lower unit costs, have access to massive low-cost shale gas volumes and will operate at low costs using standard technology. These projects are ideally placed to operate in the lower priced environment, irrespective of the LNG sales contracts’ commercial terms.

Impact of cage culture in reservoir on the livelihood of fishers: A case study in Jharkhand, India

2021 ◽  
Vol 68 (1) ◽  
Author(s):  
Arun Pandit ◽  
B. K. Das ◽  
Ganesh Chandra ◽  
Aparna Roy ◽  
Piyashi Debroy ◽  
...  
Keyword(s):  
Family Income ◽  
Low Cost ◽  
Market Price ◽  
Fish Farming ◽  
The State ◽  
Cage Culture ◽  
Pangasianodon Hypophthalmus ◽  
High Feed ◽  
High Initial Cost ◽  
Cage Fish

Cage fish farming in Indian reservoirs has the potential to enhance the reservoir production manifold. The present study estimated that around 14,000 cages have been installed in different reservoirs of the country which are producing around 16% of the current reservoir fish production. Around 7.5 lakh mandays of labour are being generated by cage fish farming in the country. An empirical study in the state of Jharkhand State found that the adoption of cage culture contributed around 30% to the livelihood of fishers. Cage culture not only increased monthly family income but also reduced the occupational migration. The fishermen households who adopted cage farming also accumulated some durable assets due to improvement in household income. However, high initial cost of cage culture operation, high feed cost and low market price of cultured pangas fish (Pangasianodon hypophthalmus) were some of the major constraints in adopting the technology as reported by the fishers. The study recommends that the state departments need to promote the use of low cost galvanised iron(GI) cages designed by the ICAR-Central Inland Fisheries Research Institute (ICAR-CIFRI) in reservoirs which may play a significant role in fulfilling the vision of blue revolution in the country.

PENGARUH IT SPENDING TERHADAP KINERJA PERUSAHAAN PADA PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BURSA EFEK SELURUH ASIA TENGGARA PADA TAHUN 2009-2011

MODUS ◽  
2016 ◽  
Vol 26 (2) ◽  
pp. 93
Author(s):  
Irene Adrayani
Keyword(s):  
Stock Price ◽  
Sampling Method ◽  
Capital Expenditure ◽  
Stock Exchange ◽  
Market Price ◽  
Market Value ◽  
Company Performance ◽  
Corporate Value ◽  
Accounting Information System ◽  
Company Value

This study aims to get empirical evidence about the infuence of IT spending on corporate value by testing the efect of IT spending on corporate value by using Tobin’s Q. Te higher the stock price, the higher the company value as well as investors’ assessment. The market price of the company’s stocks refects investors’ assessment of the overall equity held. Of the stock price refects investor can provide an assessment of a company. Tobin’s Q is the ratio of the market value of the company’s assets as measured by the market value of the outstanding stocks and debt (enterprise value) to the replacement cost of the assets of the company. The sampling method is based on purposive sampling method with the purpose to obtain a sample that meets the criteria. Tis study used a sample taken from a telecommunications company listed on the Stock Exchange throughout Southeast Asia during the period of 2009-2011. The hypothesis in this study was tested using simple regression. Based on data analysis, the result that the variable IT spending does not afect the company value.Keywords: accounting information system, Tobin’s Q, IT spending, capital expenditure, company performance

The 1970s Fiscal Squeeze

2017 ◽  
Author(s):  
Christopher Hood ◽  
Rozana Himaz
Keyword(s):  
Trade Union ◽  
Sharp Increase ◽  
Currency Crisis ◽  
Public Spending ◽  
Oil Prices ◽  
Labour Government ◽  
The Us ◽  
Us Government ◽  
Double Digit ◽  
New System

This chapter describes fiscal squeeze in an era of high political volatility and major economic challenges, including mass unemployment, a sharp increase in oil prices, double-digit inflation (i.e. a period of ‘stagflation’), and high levels of trade union militancy. The most dramatic period during the episode occurred in 1976, involving a split Labour Government under two different leaders, with a leadership election following a sudden prime ministerial resignation. That government pursued fiscal squeeze against the background of a deep currency crisis and bailout deals with outside lenders (the US Government and the IMF). The squeeze episode also led to some important institutional developments, producing the first major privatization since the 1950s and a new system of controlling public spending through ‘cash limits’.

EXPRESS: Commercial Success through Commercials? Advertising and Pay TV Operators

2021 ◽  
pp. 002224372110281
Author(s):  
Joonhyuk Yang ◽  
Jung Youn Lee ◽  
Pradeep K. Chintagunta
Keyword(s):  
Television Advertising ◽  
Service Market ◽  
Unit Costs ◽  
Cost Efficiencies ◽  
Pay Television ◽  
National Advertising ◽  
The Us ◽  
Television Service ◽  
Asymmetric Cost ◽  
Using Data

The US pay television service market had been dominated by cable operators until the nationwide entry of satellite operators in the early 1990s. The latter have been consistently growing their footprints since. This study documents the role of television advertising to explain the success. Using data on US households’ subscription choices and operators’ advertising decisions, the authors document both demand- and supply-side conditions conducive to the growth of the satellite operators. First, the authors find consumers in this market were sensitive to advertising, and especially so to that of the satellite operators (ad-elasticities of about .05-.06 for satellite operators vs. .02 for cable operators). The authors employ a border strategy to demonstrate advertising-elastic demand and discuss its robustness to potential threats to identification. Second, the authors provide suggestive evidence that a form of asymmetric cost efficiencies in television advertising benefited the entrants more than the incumbents. Specifically, the unit costs of local advertising tend to be higher than of national advertising, which likely allowed the satellite operators to better leverage their national presence with (cheaper) national advertising. Overall, this study highlights the interaction between advertising efficiencies and the scale of entry in explaining the competition between market incumbents and entrants.

scholarly journals Solar Thermochemical Hydrogen Production in the USA

2021 ◽  
Vol 13 (14) ◽  
pp. 7804
Author(s):  
Christoph Falter ◽  
Andreas Sizmann
Keyword(s):  
Hydrogen Production ◽  
Large Scale ◽  
Low Cost ◽  
The United States ◽  
Solar Irradiation ◽  
Transport Sector ◽  
Fossil Energy ◽  
The Us ◽  
The Usa ◽  
Solar Thermochemical

Hydrogen produced from renewable energy has the potential to decarbonize parts of the transport sector and many other industries. For a sustainable replacement of fossil energy carriers, both the environmental and economic performance of its production are important. Here, the solar thermochemical hydrogen pathway is characterized with a techno-economic and life-cycle analysis. Assuming a further increase of conversion efficiency and a reduction of investment costs, it is found that hydrogen can be produced in the United States of America at costs of 2.1–3.2 EUR/kg (2.4–3.6 USD/kg) at specific greenhouse gas emissions of 1.4 kg CO2-eq/kg. A geographical potential analysis shows that a maximum of 8.4 × 1011 kg per year can be produced, which corresponds to about twelve times the current global and about 80 times the current US hydrogen production. The best locations are found in the Southwest of the US, which have a high solar irradiation and short distances to the sea, which is beneficial for access to desalinated water. Unlike for petrochemical products, the transport of hydrogen could potentially present an obstacle in terms of cost and emissions under unfavorable circumstances. Given a large-scale deployment, low-cost transport seems, however, feasible.

scholarly journals Cost convergence in the US airline industry: An analysis of unit costs 1995–2006

2008 ◽  
Vol 14 (4) ◽  
pp. 179-187 ◽  
Author(s):  
Gerassimos Tsoukalas ◽  
Peter Belobaba ◽  
William Swelbar
Keyword(s):  
Airline Industry ◽  
Unit Costs ◽  
The Us

Energy outlook for the Arctic: 2020 and beyond

Polar Record ◽  
2015 ◽  
Vol 52 (2) ◽  
pp. 170-175 ◽  
Author(s):  
Graça Ermida
Keyword(s):  
Oil And Gas ◽  
Oil Prices ◽  
The Arctic ◽  
Hydrocarbon Production ◽  
Arctic Circle ◽  
The Us ◽  
Energy Issues

ABSTRACTAt least four littoral countries have Arctic strategies that address energy issues. However, US, Canada, Russia and Norway strategies up to 2020 and beyond, reveal different interests in exploring Arctic resources. While Arctic oil and gas are of strategic importance to Russia and to Norway, Canada and the US seem content with continuing their current extraction predominantly south of the Arctic Circle. Despite the different approaches, the outcomes seem strangely similar. Indeed, despite the hype concerning the Arctic in the last decade, and for very diverse reasons, it is unlikely that any of these four countries will increase hydrocarbon production in the Arctic during the period under analysis. This was true even before the recent drop in oil prices. For all its potential, it is unclear what lies ahead for the region.

Widespread lead contamination of imported low-cost jewelry in the US

Chemosphere ◽  
2007 ◽  
Vol 67 (5) ◽  
pp. 961-965 ◽  
Author(s):  
Jeffrey D. Weidenhamer ◽  
Michael L. Clement
Keyword(s):  
Low Cost ◽  
Lead Contamination ◽  
The Us

Chapter II. The World Economy

1986 ◽  
Vol 117 ◽  
pp. 20-29
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Oil Prices ◽  
Final Demand ◽  
Total Output ◽  
Cold Winter ◽  
The Us ◽  
The World ◽  
Initial Effect ◽  
Small Rise

Fuller data confirm the impression which we formed in May that OECD countries' total output did not change much in the first quarter. It probably increased by about ¼ per cent, with even this small rise attributable wholly to stock movements in the US. Final demand in the US fell and there were declines in total output in a number of countries, including Japan, Germany, Australia, the Netherlands, Switzerland and possibly Italy (for which there are conflicting estimates), white France achieved only marginal growth. The fall was notably severe in Germany, where construction suffered badly in the cold winter. This probably had a wider impact also, and, in North America at least, the initial effect of the slump in oil prices seems to have been depressive, with drilling activity sharply reduced, especially in the US. There may also have been a tendency for expenditure, perhaps on investment in particular, to be deferred in the expectation of falling prices and interest rates.

INVITED POLICY ECONOMICS PAPER — ECONOMICS IN ASIA 1995–2020

2021 ◽  
pp. 1-15
Author(s):  
JOERGEN OERSTROEM MOELLER
Keyword(s):  
Market Economy ◽  
Value Chain ◽  
Global Economy ◽  
Consumer Preferences ◽  
Low Cost ◽  
Second Phase ◽  
Public And Private ◽  
The Us ◽  
Anglo American ◽  
Asian Economy

Over the last 25 years, Asia’s economic rise has been extraordinary. Its share of global gross domestic product (GDP) has risen from 5.8% to 22.9%. 1 The first phase of high economic growth — up to 1995 — saw Asia enter the global supply chain primarily with labor-intensive/low-cost manufacturing. Domestic consumption was a fairly low share of GDP; Asia was manufacturing mainly for consumption in the US and Europe. As such, it was primarily a rule-taker. In the second phase — from 1995 to 2020 — it gradually turned into an economic force joining the US and Europe in shaping the global economy, exercising significant influence upon the value chain, the cycles of the global economy, transport and logistics, the global capital markets and consumption patterns (consumer preferences and tastes). While not yet among the leading rule-makers, it had become difficult for policymakers (public and private) to make decisions without Asia’s consent. To form an opinion of today’s emerging third phase — post 2020 — the intriguing question is whether the Asian countries have adopted what may be termed Anglo-American economic thinking (basically, the primacy of the market). Or whether behind the curtain, the Asian economy works in its own way diverging from the American and British economic schools. Since demographics and sheer economic scale mean that Asia will dominate the global economy in the years to come, the nature of the Asian economy will be of crucial importance for the future global economy. The conclusion of this paper is that “Asia” in many respects differs — and fundamentally so — from market economy principles. How this prospect should be interpreted is also evolving, as circumstances change. Certainly, the repercussions of COVID-19 have not been the same in the US, Europe, East Asia and South Asia — and this may suggest that socio-political structures have a stronger impact on economic outcomes than economic theory teaches, thus calling into question the global validity of market economy principles.

Sign in / Sign up

Export Citation Format

Share Document