Current Facts on Petroleum Supply and Demand

Current Facts on Petroleum Supply and Demand PDF Author: American Petroleum Institute
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 8

Get Book Here

Book Description

Current Facts on Petroleum Supply and Demand

Current Facts on Petroleum Supply and Demand PDF Author: American Petroleum Institute
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 8

Get Book Here

Book Description


Current U.S. Petroleum Situation and Short-term Supply/demand Outlook

Current U.S. Petroleum Situation and Short-term Supply/demand Outlook PDF Author: United States. Energy Information Administration
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 56

Get Book Here

Book Description


Trends in Oil Supply and Demand, the Potential for Peaking of Conventional Oil Production, and Possible Mitigation Options

Trends in Oil Supply and Demand, the Potential for Peaking of Conventional Oil Production, and Possible Mitigation Options PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309101433
Category : Science
Languages : en
Pages : 60

Get Book Here

Book Description
Recent events and analyses have suggested that global production of oil might peak sometime within the next few years to the next one or two decades. Other analyses, however, conclude that oil supply can meet global demand for some decades to come and that oil production peaking is much further off. To explore this issue, the NRC held a workshop, funded by the Department of Energy, bringing together analysts representing these different views. The workshop was divided into four main sessions: setting the stage; future global oil supply and demand balance; mitigation options and time to implementation; and potential follow-up activities. This report provides a summary of the workshop including the key points, issues and questions raised by the participants, and it identifies possible topics for follow-up studies. No consensus views, conclusions, or recommendations are presented.

Crude Oil Supply, Gasoline Demand, and the Effects on Prices

Crude Oil Supply, Gasoline Demand, and the Effects on Prices PDF Author: United States. Congress. Senate. Committee on Energy and Natural Resources
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 64

Get Book Here

Book Description


American Petroleum Supply and Demand

American Petroleum Supply and Demand PDF Author: American Petroleum Institute
Publisher:
ISBN:
Category : Petroleum
Languages : en
Pages : 298

Get Book Here

Book Description


Oil Prices and the Global Economy

Oil Prices and the Global Economy PDF Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30

Get Book Here

Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.

Crude Oil

Crude Oil PDF Author: Jim Wells
Publisher: DIANE Publishing
ISBN: 9781422315767
Category :
Languages : en
Pages : 82

Get Book Here

Book Description
The U.S. economy depends heavily on oil, particularly in the transportation sector. World oil production has been running at near capacity to meet demand, pushing prices upward. Concerns about meeting increasing demand with finite resources have renewed interest in an old question: How long can the oil supply expand before reaching a maximum level of production -- a peak -- from which it can only decline? The author: (1) examined when oil production could peak; (2) assessed the potential for transportation technologies to mitigate the consequences of a peak in oil production; & (3) examined fed. agency efforts that could reduce uncertainty about the timing of a peak or mitigate the consequences. Includes recommendations. Charts & tables.

International Petroleum Statistics Report

International Petroleum Statistics Report PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 83

Get Book Here

Book Description
The International Petroleum Statistics Report presents data on international oil production, demand, imports, exports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). This section contains annual data beginning in 1985, and monthly data for the most recent two years. Section 2 presents an oil supply/demand balance for the world. This balance is presented in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. This section contains annual data for the most recent year, quarterly data for the most recent two quarters, and monthly data for the most recent twelve months. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries. World oil production and OECD demand data are for the years 1970 through 1995; OECD stocks from 1973 through 1995; and OECD trade from 1084 through 1994.

Petroleum Supply and Demand in the Non-communist World

Petroleum Supply and Demand in the Non-communist World PDF Author: Oil and Gas Office
Publisher:
ISBN:
Category :
Languages : en
Pages : 82

Get Book Here

Book Description


Oil Price Developments - Drivers, Economic Consequences and Policy Responses

Oil Price Developments - Drivers, Economic Consequences and Policy Responses PDF Author: Nadine Pahl
Publisher: GRIN Verlag
ISBN: 3640303040
Category : Business & Economics
Languages : en
Pages : 85

Get Book Here

Book Description
Research Paper (undergraduate) from the year 2007 in the subject Business economics - Economic Policy, grade: 1,0, University of Applied Sciences Berlin, course: General Economics, language: English, abstract: Oil prices are an important determinant of global economic performance. Crude Oil prices ranged between $2.50/bbl and $3.00/bbl from 1948 through the end of the 1960s. As of this day, the price for crude oil is $89.82/bbl. In general, spikes in oil prices are not unusual and are, to some extent, symptomatic of a gradual upward trend in daily oil price volatility. Volatile prices arise from supply and demand that are both highly inelastic in the short run, with the result that even small shocks can have large effects on price. But especially within the last few years, the oil price has continuously increased sharply - and to some extent unexpected. This recent sharp increase in the oil price prompts several questions: Why have oil prices risen? What is the impact on the global economy and on individual countries? How do oil importing countries cope with the higher prices? What are appropriate policy responses to stabilise the economy in face of high oil prices? And last but not least, what role does the Organisation of Petroleum Exporting Countries really play? To begin with, there is no doubt that the recent increase in oil price is mainly demand driven, combined with historically low excess capacity and heightened concerns about supply disruptions. And even without macroeconomic knowledge, everyone is aware that higher oil prices affect the economy as a whole and all its market participants. In the following, this paper analyses in detail the current main oil price drivers, their economic consequences and the possible policy responses - always framed by the volatility and uncertainty that characterise the oil market.