Author: David Ice
Publisher: Gatekeeper Press
ISBN: 1662906668
Category : Business & Economics
Languages : en
Pages : 136
Book Description
World Oil Fact and Policy, a brilliant book published in 1944, delivers a deep exploration and disciplined examination of domestic and foreign petroleum resources, their import to United States energy and security policy during World War II, and their capacity to act as a civilizing catalyst for postwar prosperity and peace. The authors methodically make the case that world wars are both fought for and fueled by oil; that “oil shortage” scares are based upon projections of “proved reserves” and not real reserves or resources; and that Alaskan oil prospects could radically reduce future reliance on foreign resources. The authors also divulge dynamic details of the British-American Petroleum Agreement, a nascent bilateral agreement signed by both governments in 1944, albeit never ratified by the United States Senate. This remarkable book is a must-have addition to any archive and a must-read adjunct for any authority in academia, industry, or government. Read now and share with others. The rich research is as predictive and profound today as it was practically a century ago.
World Oil Fact and Policy
Author: David Ice
Publisher: Gatekeeper Press
ISBN: 1662906668
Category : Business & Economics
Languages : en
Pages : 136
Book Description
World Oil Fact and Policy, a brilliant book published in 1944, delivers a deep exploration and disciplined examination of domestic and foreign petroleum resources, their import to United States energy and security policy during World War II, and their capacity to act as a civilizing catalyst for postwar prosperity and peace. The authors methodically make the case that world wars are both fought for and fueled by oil; that “oil shortage” scares are based upon projections of “proved reserves” and not real reserves or resources; and that Alaskan oil prospects could radically reduce future reliance on foreign resources. The authors also divulge dynamic details of the British-American Petroleum Agreement, a nascent bilateral agreement signed by both governments in 1944, albeit never ratified by the United States Senate. This remarkable book is a must-have addition to any archive and a must-read adjunct for any authority in academia, industry, or government. Read now and share with others. The rich research is as predictive and profound today as it was practically a century ago.
Publisher: Gatekeeper Press
ISBN: 1662906668
Category : Business & Economics
Languages : en
Pages : 136
Book Description
World Oil Fact and Policy, a brilliant book published in 1944, delivers a deep exploration and disciplined examination of domestic and foreign petroleum resources, their import to United States energy and security policy during World War II, and their capacity to act as a civilizing catalyst for postwar prosperity and peace. The authors methodically make the case that world wars are both fought for and fueled by oil; that “oil shortage” scares are based upon projections of “proved reserves” and not real reserves or resources; and that Alaskan oil prospects could radically reduce future reliance on foreign resources. The authors also divulge dynamic details of the British-American Petroleum Agreement, a nascent bilateral agreement signed by both governments in 1944, albeit never ratified by the United States Senate. This remarkable book is a must-have addition to any archive and a must-read adjunct for any authority in academia, industry, or government. Read now and share with others. The rich research is as predictive and profound today as it was practically a century ago.
Oil Prices and the Global Economy
Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
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.
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
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.
International Dimensions of Monetary Policy
Author: Jordi Galí
Publisher: University of Chicago Press
ISBN: 0226278875
Category : Business & Economics
Languages : en
Pages : 663
Book Description
United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
Publisher: University of Chicago Press
ISBN: 0226278875
Category : Business & Economics
Languages : en
Pages : 663
Book Description
United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
Global Implications of Lower Oil Prices
Author: Mr.Aasim M. Husain
Publisher: International Monetary Fund
ISBN: 151357227X
Category : Business & Economics
Languages : en
Pages : 41
Book Description
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
Publisher: International Monetary Fund
ISBN: 151357227X
Category : Business & Economics
Languages : en
Pages : 41
Book Description
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
National Oil Companies and Value Creation
Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 0821388320
Category : Business & Economics
Languages : en
Pages : 179
Book Description
Approximately two billion dollars a day of petroleum are traded worldwide, which makes petroleum the largest single item in the balance of payments and exchanges between nations. Petroleum represents the larger share in total energy use for most net exporters and net importers. While petroleum taxes are a major source of income for more than 90 countries in the world, poor countries net importers are more vulnerable to price increases than most industrialized economies. This paper has five chapters. Chapter one describes the key features of upstream, midstream, and downstream petroleum operations and how these may impact value creation and policy options. Chapter two draws on ample literature and discusses how changes in the geopolitical and global economic environment and in the host governments' political and economic priorities have affected the rationale for and behavior of National Oil Companies' (NOCs). Rather than providing an in-depth analysis of the philosophical reasons for creating aNOC, this chapter seeks to highlight the special nature of NOCs and how it may affect their existence, objectives, regulation, and behavior. Chapter three proposes a value creation index to measure the contribution of NOCs to social value creation. A conceptual model is also proposed to identify the factors that affect value creation. Chapter four presents the result of an exploratory statistical analysis aimed to determine the relative importance of the drivers of value creation. In addition, the experience of a selected sample of NOCs is analyzed in detail, and lessons of general applicability are derived. Finally, Chapter five summarizes the conclusions.
Publisher: World Bank Publications
ISBN: 0821388320
Category : Business & Economics
Languages : en
Pages : 179
Book Description
Approximately two billion dollars a day of petroleum are traded worldwide, which makes petroleum the largest single item in the balance of payments and exchanges between nations. Petroleum represents the larger share in total energy use for most net exporters and net importers. While petroleum taxes are a major source of income for more than 90 countries in the world, poor countries net importers are more vulnerable to price increases than most industrialized economies. This paper has five chapters. Chapter one describes the key features of upstream, midstream, and downstream petroleum operations and how these may impact value creation and policy options. Chapter two draws on ample literature and discusses how changes in the geopolitical and global economic environment and in the host governments' political and economic priorities have affected the rationale for and behavior of National Oil Companies' (NOCs). Rather than providing an in-depth analysis of the philosophical reasons for creating aNOC, this chapter seeks to highlight the special nature of NOCs and how it may affect their existence, objectives, regulation, and behavior. Chapter three proposes a value creation index to measure the contribution of NOCs to social value creation. A conceptual model is also proposed to identify the factors that affect value creation. Chapter four presents the result of an exploratory statistical analysis aimed to determine the relative importance of the drivers of value creation. In addition, the experience of a selected sample of NOCs is analyzed in detail, and lessons of general applicability are derived. Finally, Chapter five summarizes the conclusions.
States in the Developing World
Author: Miguel A. Centeno
Publisher: Cambridge University Press
ISBN: 1107158494
Category : Business & Economics
Languages : en
Pages : 493
Book Description
An exploration of how states address the often conflicting challenges of development, order, and inclusion.
Publisher: Cambridge University Press
ISBN: 1107158494
Category : Business & Economics
Languages : en
Pages : 493
Book Description
An exploration of how states address the often conflicting challenges of development, order, and inclusion.
The End of Oil
Author: Paul Roberts
Publisher: Houghton Mifflin Harcourt
ISBN: 0547525117
Category : Business & Economics
Languages : en
Pages : 401
Book Description
“A stunning piece of work—perhaps the best single book ever produced about our energy economy and its environmental implications” (Bill McHibbon, The New York Review of Books). Petroleum is so deeply entrenched in our economy, politics, and daily lives that even modest efforts to phase it out are fought tooth and nail. Companies and governments depend on oil revenues. Developing nations see oil as their only means to industrial success. And the Western middle class refuses to modify its energy-dependent lifestyle. But even by conservative estimates, we will have burned through most of the world’s accessible oil within mere decades. What will we use in its place to maintain a global economy and political system that are entirely reliant on cheap, readily available energy? In The End of Oil, journalist Paul Roberts talks to both oil optimists and pessimists around the world. He delves deep into the economics and politics, considers the promises and pitfalls of oil alternatives, and shows that—even though the world energy system has begun its epochal transition—we need to take a more proactive stance to avoid catastrophic disruption and dislocation.
Publisher: Houghton Mifflin Harcourt
ISBN: 0547525117
Category : Business & Economics
Languages : en
Pages : 401
Book Description
“A stunning piece of work—perhaps the best single book ever produced about our energy economy and its environmental implications” (Bill McHibbon, The New York Review of Books). Petroleum is so deeply entrenched in our economy, politics, and daily lives that even modest efforts to phase it out are fought tooth and nail. Companies and governments depend on oil revenues. Developing nations see oil as their only means to industrial success. And the Western middle class refuses to modify its energy-dependent lifestyle. But even by conservative estimates, we will have burned through most of the world’s accessible oil within mere decades. What will we use in its place to maintain a global economy and political system that are entirely reliant on cheap, readily available energy? In The End of Oil, journalist Paul Roberts talks to both oil optimists and pessimists around the world. He delves deep into the economics and politics, considers the promises and pitfalls of oil alternatives, and shows that—even though the world energy system has begun its epochal transition—we need to take a more proactive stance to avoid catastrophic disruption and dislocation.
International Energy Outlook
Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 74
Book Description
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 74
Book Description
Oil and the political economy in the Middle East
Author: Martin Beck
Publisher: Manchester University Press
ISBN: 1526149087
Category : Political Science
Languages : en
Pages : 205
Book Description
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
Publisher: Manchester University Press
ISBN: 1526149087
Category : Political Science
Languages : en
Pages : 205
Book Description
The downhill slide in the global price of crude oil, which started mid-2014, had major repercussions across the Middle East for net oil exporters, as well as importers closely connected to the oil-producing countries from the Gulf. Following the Arab uprisings of 2010 and 2011, the oil price decline represented a second major shock for the region in the early twenty-first century – one that has continued to impose constraints, but also provided opportunities. Offering the first comprehensive analysis of the Middle Eastern political economy in response to the 2014 oil price decline, this book connects oil market dynamics with an understanding of socio-political changes. Inspired by rentierism, the contributors present original studies on Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The studies reveal a large diversity of country-specific policy adjustment strategies: from the migrant workers in the Arab Gulf, who lost out in the post-2014 period but were incapable of repelling burdensome adjustment policies, to Egypt, Jordan, and Lebanon, who have never been able to fulfil the expectation that they could benefit from the 2014 oil price decline. With timely contributions on the COVID-19-induced oil price crash in 2020, this collection signifies that rentierism still prevails with regard to both empirical dynamics in the Middle East and academic discussions on its political economy.
The Tyranny of Oil
Author: Antonia Juhasz
Publisher: Harper Collins
ISBN: 0061434507
Category : Business & Economics
Languages : en
Pages : 486
Book Description
In the tradition of "An Inconvenient Truth" comes a chilling and important expos of the modern American oil industry--and what citizens can do to take power back.
Publisher: Harper Collins
ISBN: 0061434507
Category : Business & Economics
Languages : en
Pages : 486
Book Description
In the tradition of "An Inconvenient Truth" comes a chilling and important expos of the modern American oil industry--and what citizens can do to take power back.