• Title/Summary/Keyword: Gasoline Inventory

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Media-based Analysis of Gasoline Inventory with Korean Text Summarization (한국어 문서 요약 기법을 활용한 휘발유 재고량에 대한 미디어 분석)

  • Sungyeon Yoon;Minseo Park
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.5
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    • pp.509-515
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    • 2023
  • Despite the continued development of alternative energies, fuel consumption is increasing. In particular, the price of gasoline fluctuates greatly according to fluctuations in international oil prices. Gas stations adjust their gasoline inventory to respond to gasoline price fluctuations. In this study, news datasets is used to analyze the gasoline consumption patterns through fluctuations of the gasoline inventory. First, collecting news datasets with web crawling. Second, summarizing news datasets using KoBART, which summarizes the Korean text datasets. Finally, preprocessing and deriving the fluctuations factors through N-Gram Language Model and TF-IDF. Through this study, it is possible to analyze and predict gasoline consumption patterns.

An Analysis of the Asymmetry of Domestic Gasoline Price Adjustment to the Crude Oil Price Changes: Using Quantile Autoregressive Distributed Lag Model (국제 유가에 대한 국내 휘발유의 가격 조정 분석: 분위수 자기회귀시차분포 모형을 사용하여)

  • Hyung-Gun Kim
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.755-775
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    • 2022
  • This study empirically analyzes that the asymmetry of domestic gasoline price adjustment to the crude oil price changes can vary depending on the level of gasoline price using quantile autoregressive distributed lag model. The data used are the weekly average Dubai price, domestic gasoline price at refiners and gas stations from the first week of May 2008 to the second week of October 2022. The study estimates three price transmission channels: changes in gas station gasoline prices in response to changes in Dubai oil prices, changes in refiners gasoline prices in response to changes in Dubai oil prices, and changes in gas station prices relative to refiners gasoline prices. As a result, the price adjustment of refiner's gasoline price with respect to Dubai oil price appears asymmetrically across all quantiles of gasoline price, whereas the adjustment of gas station prices for Dubai oil price and refiner's gasoline price tend to be more asymmetric as the quantile of gasoline price increases. Such a result is presumed to be due to changes in the inventory cost of gas stations. When the burden of inventory cost is high, gas stations have an incentive to more actively pass the increased buying price on their selling price.

The Asymmetric Response of Gasoline Prices to International Crude Oil Price Changes Considering Inventories (재고를 고려한 국제원유가격변동에 따른 휘발유 가격의 비대칭성 연구)

  • Bae, Jeeyoung;Kim, Soohyeon;Kim, Moonjung;Oh, Soomin;Heo, Eunnyeong
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.643-670
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    • 2013
  • This study analyzed the impact of crude oil inventory while gasoline price adjusts to international crude oil price(WTI) fluctuations. We mainly focused on asymmetric relationship between crude oil and petroleum product prices and added oil inventory as an variable, using the error correction model which is based on Borenstein et al.(1997). This paper selected the sample period from January 1988 to December 2012, analyzed the asymmetry of each intervals and the influence of crude oil inventory to the degree of asymmetry changes, both full period and five years period respectively. The results showed that when considering crude oil inventory, existence and degrees of time amount asymmetry varies.

Korea Emissions Inventory Processing Using the US EPA's SMOKE System

  • Kim, Soon-Tae;Moon, Nan-Kyoung;Byun, Dae-Won W.
    • Asian Journal of Atmospheric Environment
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    • v.2 no.1
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    • pp.34-46
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    • 2008
  • Emissions inputs for use in air quality modeling of Korea were generated with the emissions inventory data from the National Institute of Environmental Research (NIER), maintained under the Clean Air Policy Support System (CAPSS) database. Source Classification Codes (SCC) in the Korea emissions inventory were adapted to use with the U.S. EPA's Sparse Matrix Operator Kernel Emissions (SMOKE) by finding the best-matching SMOKE default SCCs for the chemical speciation and temporal allocation. A set of 19 surrogate spatial allocation factors for South Korea were developed utilizing the Multi-scale Integrated Modeling System (MIMS) Spatial Allocator and Korean GIS databases. The mobile and area source emissions data, after temporal allocation, show typical sinusoidal diurnal variations with high peaks during daytime, while point source emissions show weak diurnal variations. The model-ready emissions are speciated for the carbon bond version 4 (CB-4) chemical mechanism. Volatile organic carbon (VOC) emissions from painting related industries in area source category significantly contribute to TOL (Toluene) and XYL (Xylene) emissions. ETH (Ethylene) emissions are largely contributed from point industrial incineration facilities and various mobile sources. On the other hand, a large portion of OLE (Olefin) emissions are speciated from mobile sources in addition to those contributed by the polypropylene industry in point source. It was found that FORM (Formaldehyde) is mostly emitted from petroleum industry and heavy duty diesel vehicles. Chemical speciation of PM2.5 emissions shows that PEC (primary fine elemental carbon) and POA (primary fine organic aerosol) are the most abundant species from diesel and gasoline vehicles. To reduce uncertainties in processing the Korea emission inventory due to the mapping of Korean SCCs to those of U.S., it would be practical to develop and use domestic source profiles for the top 10 SCCs for area and point sources and top 5 SCCs for on-road mobile sources when VOC emissions from the sources are more than 90% of the total.

Estimation of Quantitative Source Contribution of VOCs in Seoul Area (서울지역에서의 VOCs 오염원 기여도 추정에 관한 연구)

  • 봉춘근;윤중섭;황인조;김창녕;김동술
    • Journal of Korean Society for Atmospheric Environment
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    • v.19 no.4
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    • pp.387-396
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    • 2003
  • A field study was conducted during the summer time of 2002 to determine compositions of volatile organic compounds (VOCs) emitted from vehicles and to develop source emission profiles that is applied to CMB model to estimate the source contribution of certain area. Source emission profile is widely used for the estimation of source contribution by the chemical mass balance model and have to be developed applicable for the target area of estimation. This study was aimed to develop source emission profile and estimation of source contribution of VOCs after application of the chemical mass balance (CMB) receptor model. After considering the emission inventory and other research results for the VOCs in Seoul, Korea, the sources like vehicle emission (tunnel), gas station (gasoline, diesel), solvent usage (painting operation, dry cleaning, graphic art), and gas fuels were selected for the major VOCs sources. Furthermore, ambient air samples were simultaneously collected from 09:00 to 11:00 for four days at eight different official air quality monitoring sites as receptors in Seoul during summer of 2001. Source samples were collected by canisters, and then about seventy volatile organic compounds were analyzed by gas chromatography with flame ionization detector (GC/FID). Based on both the developed source profiles and the database of the receptors, CMB model was intensively applied to estimate mass contribution of VOCs sources. Examining the source profile from the vehicle, the portion of alkanes of VOCs was highest, and then the portion of aromatics such toluene, m/p-xylene were followed. In case of gas fuel. they have their own components; the content of butane, propane, ethane was higher than any other component according to the fuel usage. The average of the source apportionment on VOCs for 8 sites showed that the major sources were vehicle emission and gas fuels. The vehicle emission source was revealed as having the highest contribution with an average of 49.6%, and followed by solvent with 21.3%, gas fuel with 16.1%, gasoline with 13.1%.

Measurement of VOCs Concentrations at Jeonju Industrial Area and Emission Characteristics (전주공단지역의 주요VOCs 배출농도 측정 및 배출원별 특성 분석)

  • Kim, Deug-Soo;Yang, Go-Soo;Park, Bi-O
    • Journal of Environmental Science International
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    • v.16 no.3
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    • pp.299-310
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    • 2007
  • It will be necessary to make proper management plans to preserve the air quality in good level for the public. In order to make these plans, source information and detail emission inventories of the city and near industrial areas should be given. However, lack of the source measurements data makes us more difficult to complete the source inventory. VOC source Inventory could be utilized for the feasibility study to estimate the contribution of VOC sources presenting to the receptor such as residential area. It may give policy maker an idea how to control the air quality, and improve their social environment in the area. This study shows data that measured VOCs concentrations from the local industrial areas in Jeonju during from May 2005 to January 2006. The samples were collected from the near sources in 7 major factories in the industrial park as well as 5 general sources in near city Jeonju area to elucidate the abundances of speciated VOCs and their spacial and temporal distributions depending on source bases. Industrial sources are as follows; chemical, food, paper, wood, metal, non-metal (glass), and painting (coating) industries. The 5 general sources are sampled from tunnel, gasoline gas station, dry cleaning shop, printing (copy) shop, and road pavement working place in urban area. To understand the near source effect at receptor, samples from the 2 receptor sites (one is at center of the industrial complex and the other site is at distance residential area downwind from the center) were collected and analyzed for the comparison to source concentration. The mass contributions of the speciated VOC to total mass of VOCs measured from the different sources and ambient (2 receptors) were presented and discussed.

A Study on the Environment Assessment of Waste Polyethylene Terephthalate (PET) by LCA (LCA기법을 이용한 PET의 환경성평가에 관한 연구)

  • Park, Chan-Hyuk;Chung, Jae-Chun;Choi, Suk-Soon;Kim, Sung-Hwan
    • Journal of the Korea Organic Resources Recycling Association
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    • v.13 no.1
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    • pp.115-123
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    • 2005
  • In this study, life cycle assessment(LCA) technique was employed to evaluate the environmental impact of material recycling of polyethylene terephthalate(PET) bottle. Life cycle inventory was established based on the data collected from recycling companies in Korea. Simapro 5.0 LCA software and Eco-indicator 95 index were used for the analysis. The biggest impact by the material recycling of PET bottle on the environmental category was the global warming. It is because melting and production of the recycled PET product consume a significant amount of electricity and energy. In the environmental pollution discharge, $CO_2$ emission was the highest, followed by NOx. This is probably due to the use of diesel and gasoline in the consumption of electricity and transportation. All the environmental impact showed (-) value except the ozone layer depletion, which means that the material recycling of PET bottle is environmentally fair. The use of recycled PET product greatly reduced the environmental impact.

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