Politics and Prospects
$32.00 ( ) USD
- Author: J. E. Hartshorn
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This book is a descriptive analysis of current influences in the world oil trade. It is concerned with a central unchanged paradox of the industry--its preoccupation with maximizing the production of high-cost rather than low-cost oil. It follows the rise and decline of OPEC monopoly power in the crude market, shows how growth in the international oil business has almost ceased since the late seventies, and explores the reasons behind this slowdown. The author has had twenty-five years of practical consultancy in petroleum economics.Read more
- Authoritative account of world oil trade describing influences as well as assessing of prospects for the trade at the turn of the century
- Will be of interest to a wide range of readers from undergraduates to the informed business person
- Author is well known in the oil industry with 25 years of practical consultancy in the petroleum industry
Reviews & endorsements
"...for anyone seeking understanding of the forces driving the industry, this is the only book they need to read--or, so far as I know, that attempts the task." Times Literary SupplementSee more reviews
"...a serious and original discussion of the economics of the international petroleum trade, its present, and most particularly, its future....this is a fascinating and rich book, tossing out important and thought-provoking ideas one does not necessarily agree with." Middle East Policy
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- Date Published: February 2011
- format: Adobe eBook Reader
- isbn: 9780511872136
- availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
List of figures
List of tables
List of tabular boxes
List of abbreviations
1. Pause or plateau?
2. A discontinuity in trade
3. Costs: concepts and comparisons
4. Ambitions of autarky
5. Still the prime mover
6. An industry restructured
7. Governments in the oil business
8. The OPEC performance
9. A confusion of prices
10. Perspective of supply
11. A contrast of expectations
12. A sustainable paradox?
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