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POG350-Development In Oil And Gas Retail Sectors

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  • University: University Of Portsmouth
  • Country: United Kingdom

Question:

There has been a gradual contraction in oil supply and distribution infrastructure and its capacity within the UK over the last 20 years. At the same time, the UK’s net trade position has continued to evolve, with growing imbalances in gasoline and middle distillates (diesel and jet fuel) being a key feature of recent trends.
 
Critically discuss the factors driving these trends and suggest measures needed to reduce the risk of short term disruption to supplies. 

 
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