The Oil Market In The 1990s

The Oil Market In The 1990s
Author: Robert G. Reed III
Publisher: Routledge
Total Pages: 197
Release: 2019-07-11
Genre: Political Science
ISBN: 100030406X

This book reviews some of those changes that have occurred since the early 1970s. It examines how the efficient use of energy, particularly of oil, can help to create and smooth a transition beyond oil. The book sketches basic elements of the "supply curve" of available oil savings.

The Economics and Politics of the United States Oil Industry, 1920-1990

The Economics and Politics of the United States Oil Industry, 1920-1990
Author: Steve Isser
Publisher: Routledge
Total Pages: 491
Release: 2016-03-02
Genre: Business & Economics
ISBN: 1317224507

This book, originally published in 1996, traces the development of US government policy toward the oil industry during the 1920s and 1930s when the domestic syustem of production control was established. It then charts the deveopment and collapse of oil import controls, and the wild scramble for economic rents generated by Government regulation. It discusses the two oil crises and the ‘phantom’ Gulf War crisis, and the importance of public opinion in shaping the policy agenda. It also provides an in-depth study of Congressional oil votes from the 1950s to the 1980s and the formation of oil policy, beginning with theories of economic regulation, the role of interest groups in developing the policy agenda and the role of money in politics.

Dynamic International Oil Markets

Dynamic International Oil Markets
Author: C. van der Linde
Publisher: Springer Science & Business Media
Total Pages: 236
Release: 2013-03-14
Genre: Business & Economics
ISBN: 940157913X

Writing this book would have been impossible without the help of certain institutions and persons. For a gas-producing and oil-processing country like the Netherlands, there was surprisingly very little, publicly available, research material. Public libraries' collections contained, with a certain degree of inconsistency, little of the more specialised sources. I would therefore like to express my gratitude towards Royal Dutch Shell, and especially the library staff in The Hague, for allowing me to use the company's library, thanking them for their assistance in finding and supplying the required data. I am also grateful for the financial assistance of the 'Nederlandse organisatie voor wetenschappelijk onderzoek' (NWO) and the Faculty of Law of the University of Leiden. They provided the financial means to work a (crucial) month in the very well equipped library of the Oxford Institute for Energy Studies. I am indebted to the staff of the Oxford Institute for Energy Studies, and particularly to Robert Mabro and Jeremy Turk, for their comments, support, and friendship. After I spent a month in the Institute in July 1989, I was able to return for two five-month periods in 1990 and 1991. For both periods, the Oxford Institute and the Leiden Law Faculty provided me with the necessary means. I would also like to express special gratitude to some people who have been a great support and supplied me with valuable comments at various stages of the study.

Crude Volatility

Crude Volatility
Author: Robert McNally
Publisher: Columbia University Press
Total Pages: 336
Release: 2017-01-17
Genre: Business & Economics
ISBN: 0231543689

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 Markets of the Pacific Rim

The Oil Markets of the Pacific Rim
Author: Paul McDonald
Publisher:
Total Pages: 114
Release: 1990
Genre: Business & Economics
ISBN:

Focuses on the regional suppliers, consumers, refining, and the markets of crude oil and refined products

Double-Hull Tanker Legislation

Double-Hull Tanker Legislation
Author: Marine Board
Publisher: National Academies Press
Total Pages: 286
Release: 1998-02-23
Genre: Science
ISBN: 0309518288

The passage of the Oil Pollution Act of 1990 (OPA 90) by Congress and subsequent modifications of international maritime regulations resulted in a far-reaching change in the design of tank vessels. Double-hull rather than single-hull tankers are now the industry standard, and nearly all ships in the world maritime oil transportation fleet are expected to have double hulls by about 2020. This book assesses the impact of the double hull and related provisions of OPA 90 on ship safety, protection of the marine environment, and the economic viability and operational makeup of the maritime oil transportation industry. The influence of international conventions on tank vessel design and operation is addressed. Owners and operators of domestic and international tank vessel fleets, shipyard operators, marine architects, classification societies, environmentalists, and state and federal regulators will find this book useful.

The Greater Middle East in Global Politics

The Greater Middle East in Global Politics
Author: Mehdi Amineh
Publisher: BRILL
Total Pages: 568
Release: 2007-10-30
Genre: Political Science
ISBN: 9047422090

This anthology unites in one volume two studies of the Greater Middle East in global politics – each conceptual and empirical. First, it is a historical-comparative study of politics and societies in selected Greater Middle Eastern countries from Napoleon’s invasion of Ottoman Egypt in 1798 up until today. It addresses development and change in these societies as results of the complex interactions between external developments, the rise and expansion of European industrialized powers, and internal developments, the disintegration of Islamic Empires, their transformation into nation-states, and their efforts to industrialize and modernize. Second, it is an empirical case study of states and societies of the Greater Middle East in global politics, addressing themes such as nationalism, revolution, political Islam, democracy, globalization, regionalism, revolution, war, energy, and conflict and cooperation. The book is comprised of three parts and nineteen chapters. Contributors include: Mehdi Parvizi Amineh, Simon Bromley, Robert M. Cutler, Louisa Dris-Aït-Hamadouche, S.N. Eisenstadt, Femke Hoogeveen, Henk Houweling, B.M. Jain, Mehran Kamrava, Roger Kangas, Fred H. Lawson, Prithvi Ram Mudiam, Nilgun Onder, Wilbur Perlot, Richard Pomfret, Kurt W. Radtke, Mirzohid Rahimov, Eva Patricia Rakel, and Yahia H. Zoubir.

International Dimensions of Monetary Policy

International Dimensions of Monetary Policy
Author: Jordi Galí
Publisher: University of Chicago Press
Total Pages: 663
Release: 2010-03-15
Genre: Business & Economics
ISBN: 0226278875

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.

Oil Prices and the Global Economy

Oil Prices and the Global Economy
Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
Total Pages: 30
Release: 2017-01-27
Genre: Business & Economics
ISBN: 1475572360

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.