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Daniel B

Little to fear but fear itself - 0 views

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    Africa is or rather used to be the biggest exporter of raw materials. The demand on their commodities come mostly from China, Brazil as well as India. The cooling in economy of China causes drop in demand for oil, wood etc.
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    I think Africa is one of the richest continents, if not the the richest, however, unfortunately its people are amongst the poorest and least developed in the world.
Pietro AA

Propane Distributors Seek to Boost Demand With Lawn Mowers - WSJ.com - 0 views

    • Pietro AA
       
      The propane economy had problems after the natural gas industry introduced a cheap and comfortable energy source. Clearly propane and natural gas are substitute goods. This article discusses how the propane industry seeks profit by helping a complimentary product: propane lawn mowers. If one buys a propane land mower he obviously then has to buy propane.
    • Pietro AA
       
      Here is another way the propane industry seeks a greater demand: exporting. More people will certainly want the propane.
  • Propane Distributors Seek to Boost Demand With Lawn Mowers
  • ...5 more annotations...
  • The propane industry has set its sights on that symbol of American middle-class achievement: the lawn mower
  • Blame it in part on the natural-gas drilling boom, which has left distributors scrambling to find new ways to increase demand for propane
  • By promoting the benefits of propane lawn mowers—which have lower emissions, are cheaper to run and last longer—the group is betting it can grow to a 3% share of all commercial mowers sold in the U.S. by 2016 from 1% now. That would goose propane consumption by the machines to 23.8 million gallons by 2016 from about 7.9 million gallons this year.
  • How much the push into lawn mowers will help propane retailers remains to be seen.
  • In addition, the U.S. has become a net exporter of propane in recent years—supplying countries such as Mexico, Brazil, Ecuador and Chile with propane for residential heating and cooking
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    Propane producers try to gain more by selling more. But they need a greater demand. Since natural gas and propane are substitute goods, and the natural gas industy has recently boomed, propane lost a lot of demand. So "propane distributors seek to boost demand with land mowers" and by exporting these two complementary products to other countries.
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