THE INVESTMENT APPROACH OF CALVIN TAN
BRENT OIL UP OVER USD52.00 NOW IS VERY VERY GOOD BOOSTER FOR ALL PALM OIL BULLRUN STOCKS BECAUSE OF CPO CONVERTED TO BIODISEL USE MORE & MORE NOW
calvintaneng
Publish date: Mon, 21 Dec 2020, 07:38 AM
calvintaneng
0 1,791
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
The Influence of Crude Oil Price in Biodiesel and its Implication on the Production of Palm Oil: The Case of Indonesia
Wahyu Murti1
Abstract:
Over the last five years (2012-2016) there has been a rise in world oil prices which were very noticeable on an average of 17,85 percent per year. This increase encouraged the increased use of alternative fuels, one of which was biodiesel.
It was estimated that the average increase in global biodiesel production amounted to 43.18 percent per year. Because one of biodiesel feedstocks was CPO, the increased production of biodiesel causes CPO export demand to increase simultanesly. The Bio-diesel utilization is also expected to reduce oil consumption.
The purpose of this paper is to examine the influence of crude oil price increase on the Bio-diesel utilization, oil consumption reduction, and pollutant emission reduction.
Keywords: Crude Oil Price, Biodiesel, Palm oil
JEL Classification: F3, G15
1
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