000			03236nam a2200349 i 4500
001			CR9781316272527
003			UkCbUP
005			20240301142634.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			141125s2015||||enk o ||1 0|eng|d
020			_a9781316272527 (ebook)
020			_z9781107110014 (hardback)
020			_z9781107525627 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050	0	0	_aHD9576 _b.A38 2015
082	0	0	_a338.2/328 _223
100	1		_aAguilera, Roberto F., _d1978- _eauthor.
245	1	4	_aThe price of oil / _cRoberto F. Aguilera, Marian Radetzki.
264		1	_aCambridge : _bCambridge University Press, _c2015.
300			_a1 online resource (x, 242 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 01 Feb 2016).
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			_aDrawing 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, _eauthor.
776	0	8	_iPrint version: _z9781107110014
856	4	0	_uhttps://doi.org/10.1017/CBO9781316272527
999			_c8954 _d8954