The Future of World Oil PDF Download

Author: Paul Leo Eckbo
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 166

View

Book Description

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

View

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.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 72

View

Book Description

Author: Peter R. Odell
Publisher:
ISBN: 9780893970970
Category : Energy policy
Languages : en
Pages : 224

View

Book Description

Author: Steve Hallett
Publisher: Prometheus Books
ISBN: 1616144025
Category : Political Science
Languages : en
Pages : 460

View

Book Description
By the end of the 21st century, our oil and natural gas supplies will be virtually nonexistent, and limited coal supplies will be restricted to only a handful of countries. The authors - an environmental scientist and veteran journalist - make abundantly clear that we must plan for a future without reliance on oil. They make a compelling case that the key determinant of our global economy is not so much the invisible hand of the marketplace but the inexorable laws of ecology. Although the coming decades will be a time of much disruption and change of lifestyle, in the end we may learn a wiser, more sustainable stewardship of our natural resources. This timely, sobering, yet constructive discussion of energy and ecology offers a realistic vision of the near future and many important lessons about the limits of our resources.

Author: Linda Bickerstaff
Publisher: The Rosen Publishing Group, Inc
ISBN: 9780823936625
Category : History
Languages : en
Pages : 70

View

Book Description
Burning petroleum is one of the main culprits in the acceleration of global warming. The United States uses 25 percent of the world’s oil, yet it has only 4 percent of the world’s population and 3 percent of the world’s oil reserves. This book discusses ways the United States can find more oil on its own land, use its own oil more safely and efficiently, and escape the trap of buying oil abroad, to improve the quality of life and the environment in the future.

Author: Kenneth L. Kincel
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 92

View

Book Description

Author: Mr.Jaromir Benes
Publisher: International Monetary Fund
ISBN: 1475567405
Category : Business & Economics
Languages : en
Pages : 60

View

Book Description
We discuss and reconcile two diametrically opposed views concerning the future of world oil production and prices. The geological view expects that physical constraints will dominate the future evolution of oil output and prices. It is supported by the fact that world oil production has plateaued since 2005 despite historically high prices, and that spare capacity has been near historic lows. The technological view of oil expects that higher oil prices must eventually have a decisive effect on oil output, by encouraging technological solutions. It is supported by the fact that high prices have, since 2003, led to upward revisions in production forecasts based on a purely geological view. We present a nonlinear econometric model of the world oil market that encompasses both views. The model performs far better than existing empirical models in forecasting oil prices and oil output out of sample. Its point forecast is for a near doubling of the real price of oil over the coming decade. The error bands are wide, and reflect sharply differing judgments on ultimately recoverable reserves, and on future price elasticities of oil demand and supply.

Author: Brian F. Towler
Publisher: Academic Press
ISBN: 0128010657
Category : Technology & Engineering
Languages : en
Pages : 389

View

Book Description
Using the principle that extracting energy from the environment always involves some type of impact on the environment, The Future of Energy discusses the sources, technologies, and tradeoffs involved in meeting the world's energy needs. A historical, scientific, and technical background set the stage for discussions on a wide range of energy sources, including conventional fossil fuels like oil, gas, and coal, as well as emerging renewable sources like solar, wind, geothermal, and biofuels. Readers will learn that there are no truly "green" energy sources—all energy usage involves some tradeoffs—and will understand these tradeoffs and other issues involved in using each energy source. Each potential energy source includes discussions of tradeoffs in economics, environmental, and policy implications Examples and cases of implementing each technology are included throughout the book Technical discussions are supported with equations, graphs, and tables Includes discussions of carbon capture and sequestration as emerging technologies to manage carbon dioxide emissions

Author:
Publisher: Psychology Press
ISBN: 9948000102
Category : Energy consumption
Languages : en
Pages : 299

View

Book Description
A comprehensive analysis of the future of oil that assesses the present realities and prospects of the oil sector, tracing the growth of alternative and renewable energy sources and examining the impact of environmental concerns.