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https://www.um.edu.mt/library/oar/handle/123456789/29262| Title: | The influence of crude oil price in biodiesel and its implication on the production of palm oil : the case of Indonesia |
| Authors: | Murti, Wahyu |
| Keywords: | Palm oil industry -- Indonesia Palm oil -- Indonesia Biomass energy -- Economic aspects Petroleum products -- Prices Petroleum industry and trade Biodiesel fuels industry -- Indonesia Diesel motor -- Alternative fuels Biodiesel fuels -- Law and legislation -- Indonesia |
| Issue Date: | 2017 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Murti, W. (2017). The influence of crude oil price in biodiesel and its implication on the production of palm oil : the case of Indonesia. European Research Studies Journal, 20(2A), 568-580. |
| 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. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/29262 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 20, Issue 2, Part A |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| The_Influence_of_Crude_Oil_Price_in_Biodiesel_and_its_Implication_on_the_Production_of_Palm_Oil_2017.pdf | 422.82 kB | Adobe PDF | View/Open |
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