【简答题】(This problem is challenging.) The New York Times (July 1, 1994) reported on a Clinton administration proposal to lift the ban on exporting oil from the North Slope of Alaska. According to the article...
【单选题】The price of Alaska North Slope Crude Oil (ANS) is $71.75/bbl, and the price of West Texas Intermediate Crude Oil (WTI) is $73.06/bbl.As an oil refiner, you are able to produce $76 worth of unleaded g...
A.
Sell 10,000 bbl WTI crude on the market and use the proceeds to purchase and refine ANS crude.
B.
Do nothing; refine the 10,000 bbl of WTI crude.
C.
Trade the 10,000 bbl WTI crude with the other refiner and refine the 10,150 bbl of ANS crude.
D.
Trade the 10,000 bbl WTI crude with the other refiner and then sell the 10,150 bbl of ANS crude.
【单选题】The price of Alaska North Slope Crude Oil (ANS) is $71.75/bbl, and the price of West Texas Intermediate Crude Oil (WTI) is $73.06/bbl.As an oil refiner, you are able to produce $76 worth of unleaded g...
A.
Sell 10,000 bbl WTI crude on the market and use the proceeds to purchase and refine ANS crude.
B.
Do nothing; refine the 10,000 bbl of WTI crude.
C.
Trade the 10,000 bbl WTI crude with the other refiner and refine the 10,150 bbl of ANS crude.
D.
Trade the 10,000 bbl WTI crude with the other refiner and then sell the 10,150 bbl of ANS crude.