Lucas Oil Products is a corporation that manufactures and distributes automotive oil and additives. It was founded by trucker Forrest Lucas in 1989.
The company is a sponsor of several NASCAR, H1 Unlimited, NHRA and Indy Racing League events.[1]
In 2005, Lucas Oil founded the Lucas Oil Late Model Dirt Series.
On February 28, 2006 that Lucas Oil purchased the naming rights to the Lucas Oil Stadium in Indianapolis, Indiana for $120 million over 20 years.[2] The facility opened in 2008 and is the home field for the NFL's Indianapolis Colts. Other events that have or will be held at the stadium include the 2010 NCAA Men's Basketball Final Four and the 2009 NCAA Men's Basketball Regional Finals. Future events scheduled for Lucas Oil Stadium include Super Bowl XLVI (February 5, 2012), the 2015 NCAA Basketball Men's Final Four, and the 2016 NCAA Women's Basketball Final Four.
Lucas Oil is not related to LUKOIL, a Russian-owned petroleum company that owns and operates gasoline stations throughout the Northeast USA.
In 2009, Lucas Oil founded the short course off-road racing series Lucas Oil Off Road Racing Series.


Online banking continues to grow in popularity, and according to Mintel, 79% of consumers visit their banks’ online website on a daily or weekly basis.

But it seems that loyalty to online banking would vanish if the service wasn’t complimentary, as just less than 80% of consumers would stop using their banks online bill pay services if their financial institutions charged a monthly fee.
When asked how much they would be willing to pay, just 7% of consumers said that they would continue using online bill pay if they were charged $5. The number willing to pay $10 for online bill pay services is a mere 5%, while only 2% said they would pay $25 or more per month. The final 7% said they didn’t know at what price they would stop using online bill pay services.

“Most consumers would be loathe to pay for an online bill pay service, simply because there are other services that are offered free of charge,” says Susan Wolfe, VP of financial services at Mintel Comperemedia. “So if banks start charging for online bill pay, they run the risk that customers will use another payment mechanism or go to one of the free third party services.”

Despite the popularity of online banking, writing checks is still a popular way to pay - 62% of consumers who are responsible for paying their household’s recurring bills report that they’ve paid a bill with a check.

Forty-five percent have paid their bills through the biller’s website and 42% have paid a bill with a credit card in the past six months. Online bill payment through a bank comes in fourth, at 40%.

“The wide range of payment mechanisms means customers have choices,” adds Susan Wolfe. “Getting customers to sign up for online banking is the easy part—getting them to use the full online offering is much more challenging.”
declined 2.3 percent annually on average, with the value of production peaking at $11.7 billion in 1995. Growth in constant dollars also trended downward slightly over that period and trended upward slightly in current dollars. The growth in the value of total output in constant dollars for iron and other ferrous ores, copper ore, and miscellaneous nonferrous ores rose slightly over the 3-year period 1996–1998 and is projected by Standard & Poor’s DRI to be about 2 percent per year between 1998 and 2004. The recent slow growth in metal mine production value does not reflect the relatively high demand for most metal commodities over that period. Oversupply has kept prices down for many metals even as high demand in the United States has kept production rates relatively high in recent years, except for 1998.

Some important metals in which the United States is nearly self-sufficient or produces the majority of its supply are, in order of increasing self-sufficiency, zinc, lead, iron ore, and copper. The United States is a net exporter of molybdenum and gold. The relative positions of these commodities with respect to net import reliance were nearly unchanged in 1998 compared with 1997, except that iron ore and copper exchanged places. Although completely dependent on imports of bauxite and alumina, the United States is the world’s largest exporter of aluminum metal.

Total employment in metal mining was about 50,000 in 1998, down more than 7 percent from 1997. Over the longer term (1992–1998), employment declined at a rate of 1 percent per year on average. With the value of mine production in real terms generally declining at a slightly higher rate than did total employment, value of output per employee also declined slightly over that period.

With respect to the value of mine production in 1998, gold was highest among metals at $4.0 billion, followed by copper at $3.3 billion, iron ore at $1.9 billion, zinc at $840 million, molybdenum at $454 million, and lead at $440 million. The value of iron and steel and ferrous foundry industry production was $73 billion, and the value of primary aluminum produced at U.S. smelters was $5.3 billion. Economic conditions in 1998 and 1999 were generally good, particularly in transportation, housing, and construction, resulting in a relatively high demand for metals. Favorable economic indicators point to a moderation of this trend through 2004 in several indexes that are important to metals consumption. For example, as projected by the U.S. Department of Commerce, Bureau of the Census, total housing starts will decline slightly between 1999 and 2003. Total multiunit structures are expected to remain about the same, but total single-unit structures are projected to decrease approximately 10 percent. Light vehicle construction is expected to fall slightly from 15.7 million units in 1999 to 15.3 million units in 2000 but rise to 15.7 million units by 2003.

Recycling remained a strong component of metals supply in the United States in 1998 and 1999. The commodities with the highest recycling rates (defined as metal recovered from old and new scrap as a percentage of apparent supply) were lead (66 percent), steel (59 percent), titanium (50 percent), aluminum (39 percent), copper (37 percent), nickel (29 percent), tungsten (28 percent), cobalt (23 percent), chromium (21 percent), and tin (21 percent). In steel, scrap-based electric arc furnaces have captured a major portion of steelmaking capacity: 45 percent in 1998. The impact of the Asian financial crisis on U.S. metals markets could be felt most in iron and steel scrap. U.S. exports to that region declined significantly in 1998. Consequently, prices for carbon steel scrap also experienced a substantial drop. Stainless steel scrap prices experienced a similar price decline. With signs of recovery in Asia in 1999, the scrap markets are expected to rebound in 2000 with a sustained high level of economic activity in the United States.

Market Metrics
Aluminum and Nonferrous Metals

The nonferrous metals include more than four dozen metals that are mined in quantities that range from a few kilograms per year to several million tons per year and that have diverse uses. The more economically important of these metals are the base metals (aluminum, copper, lead, tin, and zinc) and the precious metals (gold, silver, and the six platinum-group metals). The base metals are important because they are produced and used in large quantities, and the precious metals because they have high unit values. The United States produces large amounts of most of these economically important nonferrous metals and uses large quantities of all of them. In terms of the dollar value of production or consumption, all these important metals rank among the top two dozen of the 90 or so mineral commodities used in the domestic economy (see Figure 1-6 for domestically refined values of some of these metals). Standard & Poor’s DRI projects real annual growth of 3.2 percent between 1998 and 2004.

The United States is the world’s largest producer and user of aluminum. It imports substantial quantities of aluminum metal and is completely dependent on foreign sources for the aluminum ore—bauxite—it needs. It also imports large quantities of the intermediate product alumina, of which more than 90 percent is smelted to the metal; the balance of this alumina and some domestically produced alumina are used in refractories (a nonmetallic material suitable for use in high-temperature applications), abrasives, and several other applications. Domestic primary aluminum production grew from 3.3 Mt in 1994, at the peak of imports of metal from the countries of the former Soviet Union, to 3.7 Mt in 1998. Secondary production from old scrap at 1.5 Mt accounted for 21 percent of domestic aluminum production in 1998. U.S. apparent consumption of aluminum was about 7.1 Mt in 1998.

Aluminum Domestic Production and Use

The domestic supply of aluminum includes three major components: primary ingot production, secondary (scrap) recovery, and trade. In 1998, 3.7 Mt of primary aluminum metal was produced by 13 companies operating 23 primary aluminum smelters. Montana, Oregon, and Washington accounted for 39 percent of the production; Mary- land, New York, Ohio, and West Virginia for 22 percent; and other states for 39 percent. On the basis of published market prices, the value of primary metal production was $5.4 billion. The secondary metal sector, which includes both postconsumer scrap and prompt industrial scrap, has maintained steady growth in its share of the domestic supply and now accounts for more than 38 percent of the domestic aluminum supply.

Imports for consumption increased significantly in 1998 compared with 1997. Canada is the dominant trading partner for aluminum imports and exports, accounting for about 60 percent of U.S. imports of ingot and approximately 55 percent of both imported mill products and scrap. Russia remained the second largest supplier of aluminum materials. Imports of crude metal and alloys from Russia increased dramatically (43 percent) in 1998, returning to a level that had not been seen since 1994. Canada received about 45 percent of U.S. ingot exports in 1998, and Mexico accounted for an additional 30 percent of the U.S. primary ingot shipments.

The transportation sector continued to be the dominant market for aluminum in the United States, surpassing the packaging industry, which dominated the market before 1995. Transportation uses for aluminum accounted for more than 35 percent of domestic consumption, with packaging accounting for about another 25 percent. Building and construction, electrical, consumer durables, machinery and equipment, and other uses accounted for the remainder.

Recent Events, Trends, and Issues

The Defense Logistics Agency completed the sale of aluminum metal from the National Defense Stockpile (NDS) in 1998. On April 24, the sale of 323 metric tons exhausted the inventory of aluminum metal held by the NDS and completed the 2-year sales program of 57,000 tons of aluminum metal.

Domestic primary aluminum production increased 3 percent in 1998 compared with 1997. Domestic smelters continued to operate at about 88 percent of engineered or rated capacity. Although there were significant changes in the ownership or operating status of several domestic smelters, overall domestic production capacity remained essentially unchanged. World production also increased 3 percent in 1998. Aluminum demand continued to be strong in the United States, and demand in Europe, although tempered by the Asian economic crisis, remained relatively strong. The Asian aluminum markets, however, reflected the economic and financial crises in that area. Indications that the economic crisis in Asia may be easing a bit suggest that world aluminum demand will improve. Aluminum demand in the United States is expected to remain relatively strong, and demand in western Europe, though weaker, is expected to continue to be positive. World production is expected to continue to increase as smelter capacities increase. The two greenfield smelter projects under construction in Canada and Mozambique should come on-stream in the next couple of years. Additional projects are being considered, and so in the near term, metal supply should be sufficient to meet overall world demand. Demand is expected to continue to grow, with the major growth area continuing to be the domestic and foreign transportation industries.


Aluminum Usage Categories



The aluminum mining industry has seen strong growth. The U.S. Department of Commerce estimated that the number of firms in aluminum production in the U.S. doubled in the five year period from 1997 through 2002, although it raised productivity at the same time by decreasing workers employed by almost 17% (see chart below).
 
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Lucas Oil Products is a corporation that manufactures and distributes automotive oil and additives. It was founded by trucker Forrest Lucas in 1989.
The company is a sponsor of several NASCAR, H1 Unlimited, NHRA and Indy Racing League events.[1]
In 2005, Lucas Oil founded the Lucas Oil Late Model Dirt Series.
On February 28, 2006 that Lucas Oil purchased the naming rights to the Lucas Oil Stadium in Indianapolis, Indiana for $120 million over 20 years.[2] The facility opened in 2008 and is the home field for the NFL's Indianapolis Colts. Other events that have or will be held at the stadium include the 2010 NCAA Men's Basketball Final Four and the 2009 NCAA Men's Basketball Regional Finals. Future events scheduled for Lucas Oil Stadium include Super Bowl XLVI (February 5, 2012), the 2015 NCAA Basketball Men's Final Four, and the 2016 NCAA Women's Basketball Final Four.
Lucas Oil is not related to LUKOIL, a Russian-owned petroleum company that owns and operates gasoline stations throughout the Northeast USA.
In 2009, Lucas Oil founded the short course off-road racing series Lucas Oil Off Road Racing Series.


Online banking continues to grow in popularity, and according to Mintel, 79% of consumers visit their banks’ online website on a daily or weekly basis.

But it seems that loyalty to online banking would vanish if the service wasn’t complimentary, as just less than 80% of consumers would stop using their banks online bill pay services if their financial institutions charged a monthly fee.
When asked how much they would be willing to pay, just 7% of consumers said that they would continue using online bill pay if they were charged $5. The number willing to pay $10 for online bill pay services is a mere 5%, while only 2% said they would pay $25 or more per month. The final 7% said they didn’t know at what price they would stop using online bill pay services.

“Most consumers would be loathe to pay for an online bill pay service, simply because there are other services that are offered free of charge,” says Susan Wolfe, VP of financial services at Mintel Comperemedia. “So if banks start charging for online bill pay, they run the risk that customers will use another payment mechanism or go to one of the free third party services.”

Despite the popularity of online banking, writing checks is still a popular way to pay - 62% of consumers who are responsible for paying their household’s recurring bills report that they’ve paid a bill with a check.

Forty-five percent have paid their bills through the biller’s website and 42% have paid a bill with a credit card in the past six months. Online bill payment through a bank comes in fourth, at 40%.

“The wide range of payment mechanisms means customers have choices,” adds Susan Wolfe. “Getting customers to sign up for online banking is the easy part—getting them to use the full online offering is much more challenging.”
declined 2.3 percent annually on average, with the value of production peaking at $11.7 billion in 1995. Growth in constant dollars also trended downward slightly over that period and trended upward slightly in current dollars. The growth in the value of total output in constant dollars for iron and other ferrous ores, copper ore, and miscellaneous nonferrous ores rose slightly over the 3-year period 1996–1998 and is projected by Standard & Poor’s DRI to be about 2 percent per year between 1998 and 2004. The recent slow growth in metal mine production value does not reflect the relatively high demand for most metal commodities over that period. Oversupply has kept prices down for many metals even as high demand in the United States has kept production rates relatively high in recent years, except for 1998.

Some important metals in which the United States is nearly self-sufficient or produces the majority of its supply are, in order of increasing self-sufficiency, zinc, lead, iron ore, and copper. The United States is a net exporter of molybdenum and gold. The relative positions of these commodities with respect to net import reliance were nearly unchanged in 1998 compared with 1997, except that iron ore and copper exchanged places. Although completely dependent on imports of bauxite and alumina, the United States is the world’s largest exporter of aluminum metal.

Total employment in metal mining was about 50,000 in 1998, down more than 7 percent from 1997. Over the longer term (1992–1998), employment declined at a rate of 1 percent per year on average. With the value of mine production in real terms generally declining at a slightly higher rate than did total employment, value of output per employee also declined slightly over that period.

With respect to the value of mine production in 1998, gold was highest among metals at $4.0 billion, followed by copper at $3.3 billion, iron ore at $1.9 billion, zinc at $840 million, molybdenum at $454 million, and lead at $440 million. The value of iron and steel and ferrous foundry industry production was $73 billion, and the value of primary aluminum produced at U.S. smelters was $5.3 billion. Economic conditions in 1998 and 1999 were generally good, particularly in transportation, housing, and construction, resulting in a relatively high demand for metals. Favorable economic indicators point to a moderation of this trend through 2004 in several indexes that are important to metals consumption. For example, as projected by the U.S. Department of Commerce, Bureau of the Census, total housing starts will decline slightly between 1999 and 2003. Total multiunit structures are expected to remain about the same, but total single-unit structures are projected to decrease approximately 10 percent. Light vehicle construction is expected to fall slightly from 15.7 million units in 1999 to 15.3 million units in 2000 but rise to 15.7 million units by 2003.

Recycling remained a strong component of metals supply in the United States in 1998 and 1999. The commodities with the highest recycling rates (defined as metal recovered from old and new scrap as a percentage of apparent supply) were lead (66 percent), steel (59 percent), titanium (50 percent), aluminum (39 percent), copper (37 percent), nickel (29 percent), tungsten (28 percent), cobalt (23 percent), chromium (21 percent), and tin (21 percent). In steel, scrap-based electric arc furnaces have captured a major portion of steelmaking capacity: 45 percent in 1998. The impact of the Asian financial crisis on U.S. metals markets could be felt most in iron and steel scrap. U.S. exports to that region declined significantly in 1998. Consequently, prices for carbon steel scrap also experienced a substantial drop. Stainless steel scrap prices experienced a similar price decline. With signs of recovery in Asia in 1999, the scrap markets are expected to rebound in 2000 with a sustained high level of economic activity in the United States.

Market Metrics
Aluminum and Nonferrous Metals

The nonferrous metals include more than four dozen metals that are mined in quantities that range from a few kilograms per year to several million tons per year and that have diverse uses. The more economically important of these metals are the base metals (aluminum, copper, lead, tin, and zinc) and the precious metals (gold, silver, and the six platinum-group metals). The base metals are important because they are produced and used in large quantities, and the precious metals because they have high unit values. The United States produces large amounts of most of these economically important nonferrous metals and uses large quantities of all of them. In terms of the dollar value of production or consumption, all these important metals rank among the top two dozen of the 90 or so mineral commodities used in the domestic economy (see Figure 1-6 for domestically refined values of some of these metals). Standard & Poor’s DRI projects real annual growth of 3.2 percent between 1998 and 2004.

The United States is the world’s largest producer and user of aluminum. It imports substantial quantities of aluminum metal and is completely dependent on foreign sources for the aluminum ore—bauxite—it needs. It also imports large quantities of the intermediate product alumina, of which more than 90 percent is smelted to the metal; the balance of this alumina and some domestically produced alumina are used in refractories (a nonmetallic material suitable for use in high-temperature applications), abrasives, and several other applications. Domestic primary aluminum production grew from 3.3 Mt in 1994, at the peak of imports of metal from the countries of the former Soviet Union, to 3.7 Mt in 1998. Secondary production from old scrap at 1.5 Mt accounted for 21 percent of domestic aluminum production in 1998. U.S. apparent consumption of aluminum was about 7.1 Mt in 1998.

Aluminum Domestic Production and Use

The domestic supply of aluminum includes three major components: primary ingot production, secondary (scrap) recovery, and trade. In 1998, 3.7 Mt of primary aluminum metal was produced by 13 companies operating 23 primary aluminum smelters. Montana, Oregon, and Washington accounted for 39 percent of the production; Mary- land, New York, Ohio, and West Virginia for 22 percent; and other states for 39 percent. On the basis of published market prices, the value of primary metal production was $5.4 billion. The secondary metal sector, which includes both postconsumer scrap and prompt industrial scrap, has maintained steady growth in its share of the domestic supply and now accounts for more than 38 percent of the domestic aluminum supply.

Imports for consumption increased significantly in 1998 compared with 1997. Canada is the dominant trading partner for aluminum imports and exports, accounting for about 60 percent of U.S. imports of ingot and approximately 55 percent of both imported mill products and scrap. Russia remained the second largest supplier of aluminum materials. Imports of crude metal and alloys from Russia increased dramatically (43 percent) in 1998, returning to a level that had not been seen since 1994. Canada received about 45 percent of U.S. ingot exports in 1998, and Mexico accounted for an additional 30 percent of the U.S. primary ingot shipments.

The transportation sector continued to be the dominant market for aluminum in the United States, surpassing the packaging industry, which dominated the market before 1995. Transportation uses for aluminum accounted for more than 35 percent of domestic consumption, with packaging accounting for about another 25 percent. Building and construction, electrical, consumer durables, machinery and equipment, and other uses accounted for the remainder.

Recent Events, Trends, and Issues

The Defense Logistics Agency completed the sale of aluminum metal from the National Defense Stockpile (NDS) in 1998. On April 24, the sale of 323 metric tons exhausted the inventory of aluminum metal held by the NDS and completed the 2-year sales program of 57,000 tons of aluminum metal.

Domestic primary aluminum production increased 3 percent in 1998 compared with 1997. Domestic smelters continued to operate at about 88 percent of engineered or rated capacity. Although there were significant changes in the ownership or operating status of several domestic smelters, overall domestic production capacity remained essentially unchanged. World production also increased 3 percent in 1998. Aluminum demand continued to be strong in the United States, and demand in Europe, although tempered by the Asian economic crisis, remained relatively strong. The Asian aluminum markets, however, reflected the economic and financial crises in that area. Indications that the economic crisis in Asia may be easing a bit suggest that world aluminum demand will improve. Aluminum demand in the United States is expected to remain relatively strong, and demand in western Europe, though weaker, is expected to continue to be positive. World production is expected to continue to increase as smelter capacities increase. The two greenfield smelter projects under construction in Canada and Mozambique should come on-stream in the next couple of years. Additional projects are being considered, and so in the near term, metal supply should be sufficient to meet overall world demand. Demand is expected to continue to grow, with the major growth area continuing to be the domestic and foreign transportation industries.


Aluminum Usage Categories



The aluminum mining industry has seen strong growth. The U.S. Department of Commerce estimated that the number of firms in aluminum production in the U.S. doubled in the five year period from 1997 through 2002, although it raised productivity at the same time by decreasing workers employed by almost 17% (see chart below).

Hey netra, it is really very nice work that you shared marketing research report of Lucas Oil and it would be helpful for many people. Well, i am also uploading a document where you would find a detailed report on Lucas Oil.
 

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