Easy Time Tracking Crack Margins
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The crack spread, in case you haven't encountered it before, depicts the potential profit that an oil refiner can obtain by \"cracking\" crude oil into its major tradable distillates, namely gasoline and heating oil. It doesn't represent the profit margin earned by all refiners, or any one refiner, in fact, but it is important as an indicator of refiners' intentions. Together with other indicators, such as crude oil inventories and refinery utilization rates, shifts in crack spreads or refining margins can help investors get a better sense of where some companies - and the oil market - may be headed in the near term.
The consequences of plate movement are easy to see around Krafla Volcano,in the northeastern part of Iceland. Here, existing ground cracks have widenedand new ones appear every few months. From 1975 to 1984, numerous episodesof rifting (surface cracking) took place along the Krafla fissurezone. Some of these rifting events were accompanied by volcanic activity;the ground would gradually rise 1-2 m before abruptly dropping, signallingan impending eruption. Between 1975 and 1984, the displacements caused byrifting totalled about 7 m.
In East Africa, spreading processes have already torn Saudi Arabia awayfrom the rest of the African continent, forming the Red Sea. The activelysplitting African Plate and the Arabian Plate meet in what geologists calla triple junction, where the Red Sea meets the Gulf of Aden. A newspreading center may be developing under Africa along the East African RiftZone. When the continental crust stretches beyond its limits, tension cracksbegin to appear on the Earth's surface. Magma rises and squeezes throughthe widening cracks, sometimes to erupt and form volcanoes. The rising magma,whether or not it erupts, puts more pressure on the crust to produce additionalfractures and, ultimately, the rift zone.
The Singapore cracking margin for Arab Medium averaged minus $6.32/b, compared with minus $7.41/b the week earlier. And Singapore cracking margins for WTI MEH rose to $2.16/b, compared with $6.07/b the week earlier.
US Atlantic Coast cracking margins also weakened, as imports from Europe and the USGC fill in the supply gap left by the closure last summer of the region's largest refinery, the 335,000 b/d Philadelphia Energy Solutions plant.
USAC cracking margins for CPC blend averaged $5.71/b for the week ended January 17, compared with $5.85/b the week earlier, as regional gasoline stocks grew. Gasoline inventories in the central USAC averaged 34.96 million barrels for the week ended January 10, EIA data showed, above the five-year average of 33.15 million barrels.
Despite lower crude prices, USGC cracking margins for West Texas Intermediate priced at Magellan East Houston terminal fell to $7.41/b for the week ended January 17, down from the $8.25/b the week earlier, S&P Global Platts Analytics margins showed, as product prices fall more sharply than crude prices.
On the US West Coast, coking margins for Napo averaged $12.87/b for the week ended January 17, down from the $14.67/b the week earlier. USWC cracking margins for Alaska North Slope averaged $12.14/b for the week ended January 17, compared with the $12.14/b the week earlier, Platts Analytics margin data.
Templates and Excel spreadsheets for tracking are great, but as noted above, they can only do so much. ProjectManager is cloud-based work management software made for hybrid teams that connects everyone, no matter where they work, what time, department or skill level. And it does it in real-time, so everyone is collaborating and working on the most recent data.
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Ross, for his part, was determined to rise to the highest echelons of the drug world, with or without the help of his Nicaraguan sources. According to interviews and court testimony, he was an established crack retailer before meeting Blandon in 1983 or 1984, at which time the Nicaraguan said his tenuous links to the anti-Sandinista resistance already had been severed. Even then, Ross continued to curry favor with a host of other cocaine suppliers of various backgrounds, playing one group off the other in a quest for the best possible price.
Tempted by the promise of easy money, Ross said he took the rock to Algin Sutton Park, at 88th and Hoover, where he found an old pimp named Martin. Martin wasted no time smoking it up. Then he ordered $100 more from Ross, who instantly sensed the financial power of this transaction.
The shift to crack produced several key marketing advantages. Unlike powder, which could melt in your hand or disperse in an ill-timed sneeze, rock cocaine was durable and easy to package. It was also compact and premixed, requiring no chemical know-how or industrial paraphernalia.
An entrenched, highly efficient distribution network was already in place before Blandon or Ross entered the drug trade. Run by Colombians, it had been importing tons of cocaine into Los Angeles by the time crack even surfaced as a problem.
Ross began exporting too, taking his crack enterprise to Cincinnati, where federal authorities named him in a 1989 interstate trafficking indictment. In an odd turn of events, the Los Angeles officers who had been tracking him, including Polak, had also been indicted--part of a massive money-skimming and brutality case that ranks among the worst corruption scandals in local police history.
From the time it hit the streets of South-Central, crack has been almost synonymous with Bloods and Crips--a perception reinforced by the Mercury News, which said gangs armed themselves with profits from Contra drug sales.
Finding a time tracking app also sound like a hassle, but there's really no way around it. Consider this: You can't improve what you don't measure. By measuring project time and budgeting effectively, you can reduce waste while ensuring profitability. And that's exactly what time tracking helps you achieve.
On average, employees spend only 2.8 hours of their day on productive tasks. What do they then do the rest of the day, where does all of that time go And how is it that such a pressing matter keeps falling through the cracks
From the perspective of the business, time tracking can show you, in simple terms, where your money is going. It shows whether people receive fair compensation for the work they do and whether that work is actually worth investing, especially if you are working with payroll.
Having your team use time tracking software gives you an accurate look into how they're spending their time. This can help you identify what activities are productive and which ones could be streamlined to make for more efficient use of time.
An average professional, for example, spends 28% of their workday answering emails, Harvard Business Review found. This is the type of improvement area time tracking could help you identify and eliminate.
If you know how long it takes your employees to do their tasks, you can use that information to plan your project more effectively. You will be able to estimate if the project is possible to complete in the timeframe you want or not and make any necessary adjustments based on the data provided by your time tracking software.
When you are using time tracking software, everybody knows how much time it takes to complete a particular task, who is responsible for it, and how long it actually took them to finish it. This kind of transparency lets you minimize communication gaps and increase efficiency. It also encourages people to stay motivated and focused on the job at hand.
One of the main reasons why time tracking software is used by businesses is to accurately measure billable vs non-billable hours. If you have a business where your employees charge by the hour, using this kind of software will ensure that you create invoices correctly and that client billing is done accordingly.
It is not always easy to tell the difference between billable and non-billable hours which is why time tracking software can help you identify which projects are bringing profit and which ones are not. You can easily see what percentage of your time is spent working on billable tasks so that you can plan accordingly for future projects.
To understand what makes a good time tracking app, it's important to know what you'll use the time registration data for. In this context, the most advanced features of the time tracking apps would be its integration capabilities with project management, resource planning, invoicing, and payroll tools.
The best time tracking apps are always completely reliable and easy to use. They should be able to track employee hours without fail, and allow you to create detailed timesheets with the click of a button. The app shouldn't require any special skills or knowledge for you to easily use it.
The ability to switch between projects and tasks is convenient too. If you work with different clients or multiple projects, you'll need the option to switch between them quickly. A great time tracking app should make it easy to record your time on the go.
In other words, time tracking tools are pretty straight-forward. Fill in the cell with the time you spent at the end of the day on a project or task, and you're good to go. What else would you fancy in a time tracker
Advanced time tracking software, however, can provide many additional features, such as easy-to-access browser extensions with timers, time locking and approval features, or even timesheet reminders.
Explain why you want them to use a time tracking tool and how it will benefit everyone involved. For example, a recent US research found that 93% of employees say they always get their paychecks on time because their company uses productivity tools, including time tracking.