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Wiki Wiki Summary
Taxation in the United States The United States of America has separate federal, state, and local governments with taxes imposed at each of these levels. Taxes are levied on income, payroll, property, sales, capital gains, dividends, imports, estates and gifts, as well as various fees.
Extraction of petroleum Usable petroleum can be drawn out from beneath the earth's surface from a designated area in many different ways with varying possibilities of the quality and resource amount from the extraction.\n\n\n== Locating the oil field ==\nGeologists and geophysicists use seismic surveys to search for geological structures that may form oil reservoirs.
Enhanced oil recovery Enhanced oil recovery (abbreviated EOR), also called tertiary recovery, is the extraction of crude oil from an oil field that cannot be extracted otherwise. EOR can extract 30% to 60% or more of a reservoir's oil, compared to 20% to 40% using primary and secondary recovery.
Oil reserves Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil. Hence reserves will change with the price, unlike oil resources, which include all oil that can be technically recovered at any price.
Demand sensing Demand sensing is a forecasting method that leverages new techniques such as artificial intelligence, machine learning and real-time data capture to create an accurate forecast of demand based on the current realities of the supply chain. Traditionally, forecasting accuracy was based on time series techniques which create a forecast based on prior sales history and draws on several years of data to provide insights into predictable seasonal patterns.
Indirect tax Although the actual definitions vary between jurisdictions, in general, a direct tax or income tax is a tax imposed upon a person or property as distinct from a tax imposed upon a transaction, which is described as an indirect tax. There is a distinction between direct and indirect tax depending on whether the tax payer is the actual taxpayer or if the amount of tax is supported by a third party, usually a client.
1990 oil price shock The 1990 oil price shock occurred in response to the Iraqi invasion of Kuwait on August 2, 1990, Saddam Hussein's second invasion of a fellow OPEC member. Lasting only nine months, the price spike was less extreme and of shorter duration than the previous oil crises of 1973–1974 and 1979–1980, but the spike still contributed to the recession of the early 1990s in the United States.
Discounted cash flow In finance, discounted cash flow (DCF) analysis is a method of valuing a security, project, company, or asset using the concepts of the time value of money. \nDiscounted cash flow analysis is widely used in investment finance, real estate development, corporate financial management and patent valuation.
List of countries by total health expenditure per capita This article includes 2 lists of countries of the world and their total expenditure on health per capita. Total expenditure includes both public and private expenditures.
Independent expenditure An independent expenditure, in elections in the United States, is a political campaign communication that expressly advocates for the election or defeat of a clearly identified candidate that is not made in cooperation, consultation or concert with; or at the request or suggestion of a candidate, candidate's authorized committee or political party. If a candidate, his/her agent, his/her authorized committee, his/her party, or an "agent" for one of these groups becomes "materially involved", the expenditure is not independent.
Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India.
Monetary policy Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency.\nMonetary policy is a modification of the supply of money, i.e.
List of countries by natural gas proven reserves This is a list of countries by natural gas proven reserves based on CIA The World Factbook (when no citation is given). or other authoritative third-party sources (as cited).
List of countries by coal reserves This is a list of countries by proven oil reserves. Proven reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions.
Financial crisis A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics.
Project 100,000 Project 100,000 (also McNamara's 100,000), also known as McNamara's Folly, McNamara's Morons and McNamara's Misfits, was a controversial 1960s program by the United States Department of Defense (DoD) to recruit soldiers who would previously have been below military mental or medical standards. Project 100,000 was initiated by Defense Secretary Robert McNamara in October 1966 to meet the escalating manpower requirements of the American government's involvement in the Vietnam War.
Performance-enhancing substance Performance-enhancing substances, also known as performance-enhancing drugs (PEDs), are substances that are used to improve any form of activity performance in humans. A well-known example involves doping in sport, where banned physical performance-enhancing drugs are used by athletes and bodybuilders.
Performance management Performance management (PM) is the process of ensuring that a set of activities and outputs meets an organization's goals in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, an employee, or the processes in place to manage particular tasks.
Gas venting Gas venting, more specifically known as natural-gas venting or methane venting, is the intentional and controlled release of gases containing alkane hydrocarbons - predominately methane - into earth's atmosphere. \nIt is a widely used method for disposal of unwanted gases which are produced during the extraction of coal and crude oil.
Bond (finance) In finance, a bond is a type of security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified amount of time.
List of engineering branches Engineering is the discipline and profession that applies scientific theories, mathematical methods, and empirical evidence to design, create, and analyze technological solutions cognizant of safety, human factors, physical laws, regulations, practicality, and cost. In the contemporary era, engineering is generally considered to consist of the major primary branches of chemical engineering, civil engineering, electrical engineering, and mechanical engineering.
Signal processing Signal processing is an electrical engineering subfield that focuses on analysing, modifying, and synthesizing signals such as sound, images, and scientific measurements. Signal processing techniques can be used to improve transmission, storage efficiency and subjective quality and to also emphasize or detect components of interest in a measured signal.
Academy Award for Best Original Score The Academy Award for Best Original Score is an award presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) to the best substantial body of music in the form of dramatic underscoring written specifically for the film by the submitting composer. Some pre-existing music is allowed, though, but a contending film must include a minimum of original music.
List of unsolved problems in economics This is a list of some of the major unsolved problems, puzzles, or questions in economics. Some of these are theoretical in origin and some of them concern the inability of orthodox economic theory to explain an empirical observation.
Generally recognized as safe Generally recognized as safe (GRAS) is a United States Food and Drug Administration (FDA) designation that a chemical or substance added to food is considered safe by experts under the conditions of its intended use. An ingredient with a GRAS designation is exempted from the usual Federal Food, Drug, and Cosmetic Act (FFDCA) food additive tolerance requirements.
Oil shale In most types of reciprocating engines, a valve guide is provided for each poppet valve in the cylinder head. Along with the valve spring, it serves to positively locate the valve so that it may make proper contact with the valve seat.
Natural gas in Iran According to the Iran Petroleum Ministry, the proved natural gas reserves of Iran are about 1,201 trillion cubic feet (34.0 trillion cubic metres) or about 17.8% of world's total reserves, of which 33% are as associated gas and 67% is in non associated gas fields. It has the world's second largest reserves after Russia.
Methanogenesis Methanogenesis or biomethanation is the formation of methane by microbes known as methanogens. Organisms capable of producing methane have been identified only from the domain Archaea, a group phylogenetically distinct from both eukaryotes and bacteria, although many live in close association with anaerobic bacteria.
Cell Reports Cell Reports is a peer-reviewed scientific journal publishing research papers across a broad range of disciplines within the life sciences. The journal was established in 2012 and is the first open access journal published by Cell Press, an imprint of Elsevier.
Primary energy Primary energy (PE) is an energy form found in nature that has not been subjected to any human engineered conversion process. It is energy contained in raw fuels, and other forms of energy, including waste, received as input to a system.
Tactical formation A tactical formation (or order) is the arrangement or deployment of moving military forces such as infantry, cavalry, AFVs, military aircraft, or naval vessels. Formations were found in tribal societies such as the "pua rere" of the Māori, and ancient or medieval formations which include shield walls (skjaldborg in Old Norse), phalanxes (lines of battle in close order), Testudo formation and skirmishers.
Red mud Red mud, now more frequently termed bauxite residue, is an industrial waste generated during the processing of bauxite into alumina using the Bayer process. It is composed of various oxide compounds, including the iron oxides which give its red colour.
Tebuconazole Tebuconazole is a triazole fungicide used agriculturally to treat plant pathogenic fungi.\n\n\n== Environmental Hazards ==\nThough the U.S. Food and Drug Administration considers this fungicide to be safe for humans, it may still pose a risk.
Recover, Vol. 1 Recover, Vol. 1 is an extended play by Amy Lee, released on February 19, 2016.
Market! Market! Market! Market!
Production office A film Production Office is the administrative office responsible for managing a film production. The office is responsible to the Film Producer and includes the Production Manager, Assistant Director and one or more Production Assistants.
Risk Factors
MEXCO ENERGY CORP Item 1A Risk Factors 8 ITEM 1A RISK FACTORS There are many factors that affect our business and results of operations, some of which are beyond our control
The following is a description of some of the important factors that may cause results of operations in future periods to differ materially from those currently expected or desired
8 Oil and gas prices are volatile and could adversely affect our revenues, cash flow, liquidity and reserve estimates
We cannot predict future oil and natural gas prices with any certainty
Historically, the markets for oil and gas have been volatile, and they are likely to continue to be volatile
Factors that can cause price fluctuations include changes in supply and demand, weather conditions, the price and availability of alternative fuels, political and economic conditions in oil producing countries and other factors that are beyond our control
Natural gas prices affect us more than oil prices because most of our production and reserves are natural gas
Prices also affect the amount of cash flow available for capital expenditures and our ability to borrow money or raise additional capital
Lower prices may also reduce the amount of crude oil and natural gas that can be produced economically
Changes in oil and gas prices impact both estimated future net revenue and the estimated quantity of proved reserves
Price increases may permit additional quantities of reserves to be produced economically, and price decreases may render uneconomic the production of reserves previously classified as proved
Thus, we may experience material increases or decreases in reserve quantities solely as a result of price changes and not as a result of drilling or well performance
Lower oil and gas prices increase the risk of ceiling limitation write-downs
We use the full cost method to account for oil and gas operations
Accordingly, we capitalize the cost to acquire, explore for and develop crude oil and natural gas properties
Under the full cost accounting rules, the net capitalized cost of crude oil and natural gas properties may not exceed a &quote ceiling limit &quote which is based upon the present value of estimated future net cash flows from proved reserves, discounted at 10prca plus the lower of cost or fair market value of unproved properties
If net capitalized costs of oil and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings
This charge does not impact cash flow from operating activities, but does reduce stockholders &apos equity and earnings
The risk that we will be required to write down the carrying value of oil and natural gas properties increases when oil and natural gas prices are low
Estimates of oil and gas reserves, by necessity, are projections based on engineering data, and there are uncertainties inherent in the interpretation of such data as well as the projection of future rates of production and the timing of development expenditures
Reserve engineering is a subjective process of estimating underground accumulations of oil and gas that are difficult to measure
Estimates of economically recoverable oil and gas reserves and of future net cash flows depend upon a number of variable factors and assumptions, such as future production, oil and gas prices, operating costs, development costs and remedial costs, all of which may vary considerably from actual results
As a result, estimates of the economically recoverable quantities of oil and gas and of future net cash flows expected therefrom may vary substantially
Moreover, there can be no assurance that our reserves will ultimately be produced or that any undeveloped reserves will be developed
As required by the SEC, the estimated discounted future net cash flows from proved reserves are generally based on prices and costs as of the date of the estimate, while actual future prices and costs may be materially higher or lower
Our future success depends upon our ability to find, develop or acquire additional, economically recoverable oil and gas reserves
Our proved reserves will generally decline as reserves are depleted, except to the extent that we can find, develop or acquire replacement reserves
One offset to the obvious benefits afforded by higher product prices especially for small to mid-cap companies in this industry, is that quality domestic oil and gas reserves are becoming harder to find
Reserves to be produced from undiscovered reservoirs appear to be smaller, and the risks to find these reserves are greater
Reports from the Energy Information Administration indicate that on-shore domestic finding costs are on the rise, and that the average reserves added per well are declining
Drilling and operating activities are subject to many risks, including availability of workover and drilling rigs, well blowouts, cratering, explosions, fires, formations with abnormal pressures, pollution, releases of toxic gases and other environmental hazards and risks
In addition, we incur the risk that no commercially productive reservoirs will be encountered and there is no assurance that we will recover all or any portion of its investment in wells drilled or re-entered
9 The marketability of our production depends in part on the availability, proximity and capacity of natural gas gathering systems, pipelines and processing facilities
Federal and state regulation of oil and gas production and transportation, tax and energy policies, changes in supply and demand and general economic conditions could all affect our ability to produce and market our oil and gas