Bus 508 Marathon Oil

Running head: battle of Marathon Oil Marathon Oil: t oil colour & trading operations Management Sandra Norton Strayer University Gary Alleyne, Instructor The Business Enterprise - plenty 508 14 February 2011 Marathon Oil: Production & Operations Management Marathon Oil Marathon Oil is the fifth largest crude oil re?nery in the join States and the largest in the Midwest region. It operates from a calculated vantage point that enables it to serve major markets, a six-plant re?ning network, a comprehensive terminal and transportation system, and colossal marketing operations. This association includes Marathon subsidiary, Speedway SuperAmerica LLC, one of the largest company-owned and -operated retail flatulence and convenience store chains in the U.S. Marathon is affect in exploration efforts in the U.S., Equatorial Guinea, Libya and the North ocean with worldwide work focused in Africa, Europe and the United States (Marathon Corporate Profile, 2008). Marathon Oil, like most U.S. oil companies, is routinely faced with similar issues such as ways to reducing production time, retail gasoline prices and fat water drill alternatives. Marathon has produced and posted a video which details production from crude oil arrival to the sale of gasoline at the pump (The Time it Takes, 2009).

This video provides a broad overview of Marathons crude oil production and operations commission but does not specifically explore any realistic options to combat the issues (i.e., retail oil prices, decreased production time, deep water drilling alternatives) plaguing the U.S oil market. Decrease Production Time On the surface, building new refineries to process the crude oil would have the appearance _or_ semblance as a credibly option to reduce the fare of time necessary to produce gasoline. Community outcry collect to ecological, economic and aesthetic concerns has successfully halted attempts to construct new refineries. In view of the not in my backyard community sentiment, it is not likely that... If you want to get a full essay, order it on our website: Ordercustompaper.com

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