Threaten U.S. oil companies such as ExxonMobil if they are not part of the synthetic fuel industry.
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Threaten U.S. oil companies such as ExxonMobil if they are not part of the synthetic fuel industry. Synthetic fuel would directly compete with ExxonMobil’s refined oil. Have a cascading effect in the downstream oil industry - gas stations, for example would be affected. Depending on how effective synthetic oil is in controlling pollution, this product’s ecological impact may be substantial. Politically, this would help the U.S. because it would make the U.S. less dependent on foreign oil.
Related Book For
Economics of Strategy
ISBN: 978-1118319185
6th edition
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
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