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999 _c3853
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005 20200214070557.0
008 150814s2016 nyua b 001 0 eng
010 _a 2015022570
020 _a9781107110014 (hbk.)
020 _a9781107525627 (pbk.)
040 _aDLC
_beng
_cDLC
_erda
_dDLC
042 _apcc
050 0 0 _aHD9576
_b.A38 2016
082 0 0 _a338.2/328
_223
100 1 _aAguilera, Roberto F.,
_d1978-
245 1 4 _aThe price of oil /
_cRoberto F. Aguilera, Marian Radetzki.
300 _ax, 242 pages :
_billustrations ;
_c24 cm
504 _aIncludes bibliographical references and index.
505 8 _aMachine generated contents note: Acknowledgements; 1. Introduction and overview; Part I. Oil's Extraordinary Price History: How Can It Be Explained?: 2. The price of oil since the early 1970s: observations and implications; 3. OPEC and its behavior cannot explain oil's price performance; 4. Can depletion and rising costs explain the price developments?; 5. State ownership, government greed and the slowdown of capacity expansion; 6. The resource curse and capacity destruction; Part II. The Shale And Conventional Oil Revolutions: Low Prices Ahead: 7. The shale revolution: US achievements to date and envisaged impacts on global energy markets; 8. Longevity of US shale oil: have we only seen the beginning?; 9. The conventional oil revolution; 10. Environmental issues arising from the revolutions; 11. Will the revolutions spread globally?; 12. A substantial long-term price fall in store; Part III. Global Implications for the Macroeconomy, the Environment and for Politics: 13. Impact on macroeconomy and trade balances; 14. Climate policy with low oil prices; 15. Political repercussions; Conclusions: 16. What have we learnt?; References; Index.
520 _a"Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices"--
650 0 _aPetroleum products
_xPrices.
700 1 _aRadetzki, Marian.
856 4 2 _3Full-text here
_uhttps://www.cambridge.org/core/books/price-of-oil/0295C4848CC69A330C51CDCDF6BB4B8E
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