• Title/Summary/Keyword: Gasoline Price

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Asymmetric Adjustment in Domestic Petroleum Prices Before and After the Opinet (국내석유제품가격의 국제유가 대칭성 분석 -Opinet(오피넷) 개통을 중심으로)

  • Koh, Yukyung
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.581-612
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    • 2013
  • Opinet is the system that has announced the daily domestic petroleum price data from April 2008. This study's goal is to examine if the domestic petroleum(gasoline and diesel) prices adjust their prices asymmetrically comparing before-Opinet with after-Opinet. The results of this study found the evidence of asymmetric domestic petroleum prices before the Opinet and the evidence of symmetric domestic petroleum prices after the Opinet. Also the domestic petroleum prices after the Opinet adjust upward/downward nearly twice as fast when its actual value is below/above its equilibrium. According to this study, the domestic petroleum market works more efficiently than before.

Analysis of Green Vehicle Purchasing Behavior Using Logit Model (로짓모형을 이용한 친환경차 구매행태 분석)

  • HAHN, Jin-Seok;LEE, Jang-Ho
    • Journal of Korean Society of Transportation
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    • v.34 no.2
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    • pp.135-145
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    • 2016
  • This study assumes a vehicle choice model based on the multinomial model and analyzes the vehicle choice behaviors of consumer. An SP survey targeting drivers was implemented and data was collected for model estimates, with the possible choice options of the survey takers limited to gasoline, HEV, PHEV, and EV vehicles. The explanatory variable mostly displayed a significance level of under 5%, and excluding variables for price and fuel the remaining variables were all consistent with the logical direction with the plus (+) sign and the results were determined to be rational. Consumers selecting mid-size & full-size vehicles are able to afford more than consumers that selected other vehicle types, so there was relatively little consideration given to low fuel costs when compared to vehicle price. For this reason, it was determined that for the full-size vehicle model the fuel variable could be disregarded. Socio-economic variables that were statistically significant were the age and infor variables for the sub-compact & compact, the age, infor and inc3 variables for the mid-sized & full-size vehicles.

Performance Characteristics with Various Fuel Composition and Temperature for an External Type Fuel Pump in LPLi System (LPLi 시스템에서 외장형 펌프의 연료조성 및 온도에 따른 성능특성 연구)

  • Nam, Deok-Woo;Yoon, Jun-Kyu;Lim, Jong-Han
    • Journal of Advanced Marine Engineering and Technology
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    • v.35 no.5
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    • pp.566-575
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    • 2011
  • Since LPG (Liquefied petroleum gas) fuel supply system has an advantage of low emission characteristics, many studies have been conducted. In spite of the advantage of LPG supply system, a higher vapor pressure and lower viscosity than diesel or gasoline fuel may cause unstable running of fuel pump by the deterioration in lubrication performance and chemical reaction with rubber parts than that of diesel and gasoline fuel. Therefore its physical properties can cause the deterioration of durability. In this research, we developed an external type LPG pump which has the advantage of the price competitiveness and the convenient maintenance for LPLi system. The experiments were carried out in order to assess characteristics of the external type fuel pump at different fuel composition and temperature. As a result, there aren't any differences between internal and external type pump performance. It is observed that the same level of efficiency was maintained for both pumps as flow rate was increased with higher fuel temperature and more contents of propane in the fuel. And the pressure difference in LPLi system is maintained at constant with the various fuel compositions and temperatures due to their own characteristics of fuel supply system.

An Experimental Study on the Spray and Lean Combustion Characteristics of Bio-enthanol-Gasoline Blended Fuel of GDI (직접분사식 바이오에탄올-가솔린 혼합연료의 분무 및 희박연소 특성에 관한 실험적 연구)

  • Park, Gi-Young;Kang, Seok-Ho;Kim, In-Gu;Lim, Cheol-Soo;Kim, Jae-Man;Cho, Yong-Seok;Lee, Seong-Wock
    • Journal of ILASS-Korea
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    • v.19 no.3
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    • pp.115-122
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    • 2014
  • As a demand for an automobile increases, air pollution and a problem of the energy resources come to the fore in the world. Consequently, governments of every country established ordinances for green-house gas reduction and improvement of air pollution problem. Especially, as international oil price increases, engine using clean energy are being developed competitively with alternative transportation energy sources development policy as the center. Bio ethanol, one of the renewable energy produced from biomass, gained spotlight for transportation energy sources. Studies are in progress to improve fuel supply methods and combustion methods which are key features, one of the engine technologies. DI(Direct Injection), which can reduce fuel consumption rate by injecting fuel directly into the cylinder, is being studied for Green-house gas reduction and fuel economy enhancement at SI(Spark Ignition). GDI(Galoine Direct Injection) has an advantage to meet the regulations for fuel efficiency and $CO_2$ emissions. However it produces increased number of ultrafine particles, that yet received attention in the existing port-injection system, and NOX. As fuel is injected into the cylinder with high-pressure, a proper injection strategy is required by characteristics of a fuel. Especially, when alcohol type fuel is considered. In this study, we tried to get a base data bio-ethanol mixture in GDI, and combustion for optimization. We set fuel mixture rate and fuel injection pressure as parameters and took a picture with a high speed camera after gasoline-ethanol mixture fuel was injected into a constant volume combustion chamber. We figured out spraying characteristic according to parameters. Also, we determine combustion characteristics by measuring emissions and analyzing combustion.

A Study on Asymmetric Price Adjustment in Domestic Petroleum Market (국내 석유시장에서 비대칭 가격조정에 관한 연구)

  • Kim, Jin Hyung
    • Environmental and Resource Economics Review
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    • v.24 no.3
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    • pp.523-549
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    • 2015
  • This paper investigates an oil refiner's asymmetric behavior in the adjustments of gasoline and diesel prices to changes in his own price and his rivals' prices as well as input costs. An asymmetric error correction model which allows a firm's pricing behavior to the deviation of other firms' prices from their long-run equilibrium level is employed for estimation using weekly data for the period April 2009 to January 2015. Evidence is found that there is a significant degree of asymmetry in the adjustment of wholesale prices to changes in crude oil price. A similar result in regard to the exchange rate is also found by the data. The estimation results for firm's response to changes in other firms' prices indicates that implicit collusion could be more easily exploited in the wholesale petroleum market as results of firms' interaction with each other and anticipation of rivals' pricing behavior. A few refiners show competitive price adjustment in response to the upward deviation of the others' prices from their equilibrium level.

The Characteristics of Spray and Exhaust Emissions Environmental Assessment of Adulteration and Convention Diesel (유사경유 및 정상경유 미립화특성과 배출가스 환경성평가)

  • Lee, Jong-Tae;Moon, Sun-Hee;Kim, Jeong-Soo;Kim, Sun-Moon;Park, Gyu-Tae;Lim, Yun-Sung
    • Journal of ILASS-Korea
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    • v.18 no.2
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    • pp.106-111
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    • 2013
  • Adulterations fuel have been using in the vehicle in these days. Because gasoline, diesel prices are rising every day. so people find more cheap price fuel. Adulterations fuel caused a serious air pollution problems. Adulteration fuel were made from waste engine oil, waste paint. According to Government regulations permit to be used recycle fuel(adulteration fuel) only in industrial boiler. Unburned fuel pollutants are effected to human health. In this paper, the hazardous air pollutants characteristics in the diesel vehicles according to adulterations of vehicle fuels were carried out in the NEDC test mode in chassis dynamometer. It is revealed that the all of the regulation pollutants (THC, NOx, CO and PM) emission in the adulterations of vehicle fuels was increased also the green house gas, $CO_2$ was increased. In the hazardous air pollutants characteristics, the VOCs(Volitile Organic Compounds) BTEX(Benzene, Toluene, Ethylbenzene, Xylene) emissions in the adulterations of vehicle fuels showed higher level than these in the diesel fuels.

Development of a Lifting Utility with Balance-controlled Platform (작업대 수평유지식 과수원 고소작업차 개발)

  • Jang, Ik-Joo
    • Journal of Biosystems Engineering
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    • v.36 no.3
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    • pp.171-179
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    • 2011
  • Facing the current hikes of labor wage and high oil price, it is needed to have energy-saving machinery which also enables us precise farm operations. Thus, it was necessary to develop a safe machine which allows secure and pleasant works along orchard slopes. In this study, a lifting utility with balance-controlled platform was developed. The platform utility could maintain to level the workbench while driving along slopes. Even the machine body was driven at the tilt angle ranges of ${\pm}20^{\circ}$, the platform bench could be maintained within ${\pm}0.5^{\circ}$ of a gimbal angle. In addition, the machine lifted up to 2.0 m using an electric-hybrid driving mechanism with a low noise. A tandem hybrid power source was developed with a DC 72 V, 100 AH for the Deep-Cycle batteries, charged with 3.5 kW gasoline generator as an auxiliary power source. HST, which is one of the CVT's, was adopted as a transmission device, and a crawer track was used for the safety of the vehicle against tip-over. The maximum lifting height of platform was is 2,500 mm, and the maximum extendable width was 2,900 mm.

Corrosion Resistance of Mg-Added Galvannealed Steel Sheets with Nano-Composite Coating

  • Jo, Du-Hwan;Yun, Sang-Man;Paik, Doo-Jin;Kim, Myung-Soo;Hong, Moon-Hi
    • Corrosion Science and Technology
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    • v.19 no.2
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    • pp.57-65
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    • 2020
  • As competition among global automakers intensifies, demand for materials that are better in price and performance is increasing. While steel and plastic materials compete for automotive fuel tanks, plastic materials have advantages such as light weight for automobiles. However, they have high prices. Accordingly, in this paper, four types of Zn-X plated steel sheets, electroplating (X = none, Sn) and galvannealed (X = Fe, Fe-Mg), were manufactured and their applicability as a fuel tank material was evaluated. Nano-composite coating solution with good conductivity was treated on the surface of plated steels using a roll coater and then cured through induction furnace to improve corrosion resistance. Quality characteristics such as corrosion resistance, fuel resistance to diverse gasoline and diesel fuels, and seam weldability were evaluated for the above plated steels. Their properties were compared and analyzed with conventional Zn-Ni electroplating steels. Among the above plated steels, Zn-Fe-Mg galvannealed steels coated with nano-composite coating exhibited better properties than other steels. Detailed experimental results suggest that evenly distributed Mg elements on the coating layer play a key role in the enhanced quality performance.

A Study on the Influence of Consumer Type on the Choice of Next-Generation Eco-Friendly Vehicle and Consumer Purchase Intention - Comparative Study on Japan and Korea - (소비자 유형이 차세대 친환경자동차선택속성과 소비자 구매의도에 미치는 영향에 관한 연구 - 한국 일본 비교연구 -)

  • Yim, Ki-Heung;Chong, Min-Young
    • Journal of Digital Convergence
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    • v.15 no.11
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    • pp.133-146
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    • 2017
  • In recent years, the development and market participation of major makers of next-generation eco-green vehicles has been accelerating. Consumer interest has also increased. Consumer characteristics, consumption type, characteristics of next-generation eco-friendly vehicles, and government policies on next eco-green vehicles. The results of this study are as follows. In Korea, there was no significant difference by gender, age, monthly average income, and consumer type. However, there was no significant difference in purchase intention by gender, age, and monthly income, Respectively. In the case of Japan, there was no significant difference by gender, age, monthly income, and consumer type. In Korea, on the other hand, images such as brand, color, and design have positive effects on eco-friendly vehicles. In the case of Japan, image and stability have a positive effect on consumers' purchasing behavior. Therefore, it is important for Japanese consumers to consider not only the image of purchasing an eco-friendly vehicles, but also the safety of the vehicles body, appear. In the case of Korea, the socio-environmental value-seeking type has a significant relationship with the purchasing intention. In the case of socio-environmental value-seeking type, the government's support policy such as carbon dioxide tax, direct support from the national or local governments, gasoline tax, Carbon tax and fuel related tax relief showed positive effects. In the case of Japan, the price-seeking type and the socio-environmental value-seeking type were found to have a significant relationship with the purchasing intention. Both the price-seeking type and the socio-environmental value-seeking type showed that the carbon dioxide tax, Direct support, gasoline tax, gasoline tax, and carbon tax, etc. have positive effects.

Development and Optimization of Engine Module for Hybrid System Simulator (하이브리드 시스템 시뮬레이터용 엔진 모듈 개발과 최적화에 관한 연구)

  • Jeon, Dae-Il;Gong, Ho-Jeong;Hwang, In-Goo;Myung, Cha-Lee;Park, Sim-Soo
    • Transactions of the Korean Society of Automotive Engineers
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    • v.18 no.1
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    • pp.14-22
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    • 2010
  • Hybrid Electronic Vehicle (HEV) is one of the solutions of high oil price and environment problem. Recently, study of HEV is important for automobile industry. However HEV has a lot of components and there are many cases for assembling, it's impossible to test results from assembling by using real vehicles. To solve this problem, hybrid system simulator is required. The purpose of this study is to develop and optimize of engine module for hybrid system simulator. The commercial 1-D engine simulation program, WAVE is used to get the engine capacity and performance data and 1-D simulation model of base engine is compared with engine experiment results. Using the data, the engine module is developed based on the MATLAB Simulink. There are blocks of base engine, Single-CVVT engine and Dual-CVVT engine. The effect of acceleration and deceleration is applied to each engine block. In addition, the control and processing logics for CIS technology are developed. Finally the simulator operates FTP-72 mode test.