The Economics and Politics of Oil Price Regulation

The Economics and Politics of Oil Price Regulation PDF Author: Joseph P. Kalt
Publisher: Cambridge, Mass. : MIT Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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Politics, Prices, and Petroleum

Politics, Prices, and Petroleum PDF Author: David Glasner
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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The Economics and Politics of Oil Price Regulation

The Economics and Politics of Oil Price Regulation PDF Author: Joseph P. Kalt
Publisher: Cambridge, Mass. : MIT Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 360

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Book Description


Oil Politics

Oil Politics PDF Author: Francisco R. Parra
Publisher:
ISBN: 9780755620593
Category : Petroleum industry and trade
Languages : en
Pages : 376

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Book Description
"Many international conflicts in the world today revolve around the control of oil - despite the protestations of politicians to the contrary. The unfettered availability of oil at an affordable price is basic to the stability, security and prosperity of all states - not just those in the West. Thus fundamental to any understanding of the politics of the contemporary world is an understanding of the politics and most recent history of petroleum. Francisco Parra sets out the political and economic events which, since the 1950s, have shaped the international petroleum industry and world affairs: the relationships central to continuing conflicts since 1950 between Middle Eastern governments, the big seven major oil companies and the governments of their home countries - the US and Britain; the struggle over oil prices; domination by the international companies; levels of competition and above all the control over oil resources. Parra concludes that more and far greater conflicts loom in the future, all driven by the dependence of the industrial world on the Middle East for oil, OPEC's volatile control over price, uncertainties in Russia and Central Asia and the growing hostility between "Islam and the West"."--Bloomsbury Publishing.

Myth, Oil, and Politics

Myth, Oil, and Politics PDF Author: Charles F. Doran
Publisher: New York : Free Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
Examines the myths of unfair oil prices, Israel and oil, obscene corporate profits, divestiture, international energy agency, and OPEC cohesion and provides specific recommendations for a sound energy policy.

Reasons of State

Reasons of State PDF Author: G. John Ikenberry
Publisher: Cornell University Press
ISBN: 1501726331
Category : History
Languages : en
Pages : 231

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Book Description
In this lucid and theoretically sophisticated book, G. John Ikenberry focuses on the oil price shocks of 1973–74 and 1979, which placed extraordinary new burdens on governments worldwide and particularly on that of the United States. Reasons of State examines the response of the United States to these and other challenges and identifies both the capacities of the American state to deal with rapid international political and economic change and the limitations that constrain national policy.

The Politics of Petroleum Prices

The Politics of Petroleum Prices PDF Author:
Publisher:
ISBN: 9786210218411
Category :
Languages : en
Pages : 0

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Oil Politics

Oil Politics PDF Author: Francisco Parra
Publisher: Bloomsbury Publishing
ISBN: 0857715275
Category : Political Science
Languages : en
Pages : 375

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Book Description
The environmental, the economic - and indeed the political - impact of the catastrophic 2010 blowout of BP's well in the Gulf of Mexico has highlighted the central part played by oil in the modern world. The fate of millions now depends on the ever-shifting value of petroleum and on the fortunes of the corporations that deliver it. The story of oil - how it came to play such a dominant role in the world economy, who controls its extraction, pricing and supply - is essential to an understanding of contemporary world politics. In this acclaimed book, Francisco Parra draws on his long experience in the oil world, including as the Secretary General of OPEC, to tell it. Oil Politics surveys the tumultuous history of the international petroleum industry, from its extraordinary growth between 1950 and 1979, presided over by the seven major oil companies, to the price revolution of the 1970s and 1980s, to the re-emergence of Russia as an important but uncertain supplier. Parra charts the changing power dynamics amongst the major oil suppliers and examines their relationships with the major oil importing countries, and how these concerns have impacted on foreign policy. Oil politics in the twenty-first century remain fraught with tensions, and this book offers a uniquely accessible guide to understanding this complex but vitally important subject. "Francisco Parra's long service in the oil industry and his rare intellectual capabilities make him an authority on this subject. [His] book is a must." - Dr F J Chalabi, Executive Director, Centre for Global Energy Studies. "Few in the industry can match the variety of Parra's experience. This is a world-class book and a must for all those interested in international oil policies and politics, and a good read as well." - Nordine Ait-Laoussine, former Algerian Minister of Oil "This is a splendid volume: erudite; lucid; forthright; full of insight; and a rollicking good read, to boot...Frank Parra has written a tour-de-force, a thinking man's 'Prize'" - International Atomic Energy Agency Journal

Oil Prices and the Future of OPEC

Oil Prices and the Future of OPEC PDF Author: Theodore H. Moran
Publisher: Routledge
ISBN: 1317356950
Category : Nature
Languages : en
Pages : 91

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Book Description
The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an estimate of the factors that condition oil decisions in exporting countries. In this title, originally published in 1978, Ted Moran examines how immune OPEC can expect to be to the struggles over market shares that traditionally have beset attempts to organize natural resource cartels. Moran’s research leads him to argue that skyrocketing commitments to growth and social betterment leave little slack in national budgets and thus preclude output reductions for any extended period, or at least act as a substantial deterrent, unless such reductions come in support of an effort to raise real oil prices substantially. For any student interested in international policy making, economic development, or environmental studies, this title offers fascinating insights into the oil industry.

Crude Volatility

Crude Volatility PDF Author: Robert McNally
Publisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.

The Oil Curse

The Oil Curse PDF Author: Michael L. Ross
Publisher: Princeton University Press
ISBN: 0691159637
Category : Political Science
Languages : en
Pages : 314

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Book Description
Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.