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Topic: |
Business
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Number of pages / Number of words: |
4 / 879 |
Essay's paper body
Therefore, the refiners will produce a storage and inventory in the summer months where the demand for the oil is low to assist in the winter months when the production cannot keep up with the demand.
Just as the demand, the supply can be affected in many ways for instance the oil refiners can have high demands of producing and fulfilling different areas of service such as the high demands of gasoline therefore causing the season of oil heating to start with low inventories...
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The low inventory supply thus can cause increased prices due to the demand. The supply can be affected in many ways for instance the price of the crude oil as the main component of heating oil can change causing a shortage of the supply, production changes within the refining process or even government regulations along with changes within customer expectation...
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