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Economic Effect of Automatic Temperature Compensation

석유류제품 토출온도 보정에 따른 경제성 분석

  • Received : 2012.05.23
  • Accepted : 2012.06.19
  • Published : 2012.07.28

Abstract

The importance of physical changes in volume due to changes in temperature has been known for more than a century by the petroleum industry. To examine whether there are any differences between the economic effect of automatic temperature compensation and that of installation cost. The results of the analysis show that there are no ineffective in automatic temperature compensation installation. Analysis showed the increase of price oil will impact negatively on the automatic temperature compensation, appropriate level of economic cost and economic benefit should be calculated for the policy implementation in the future's study.

Keywords

Benefit;Cost;Automatic Temperature Compensation;Petroleum;Physical Changes

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