03489cam a2200421 i 4500 115913 115913 18743377 BJBSDDR 20230411090744.0 a|||||r|||| 00| 0 ta 28222 s2016 enka b 001 0 eng 2015022570 9781107525627 (pbk.) 1107525624 (pbk.) DLC spa DLC rda DLC eng pcc HD 9576 A283p 2016 338.2/328 Aguilera, Roberto F., 1978- 20635 The price of oil / Roberto F. Aguilera, Marian Radetzki. Cambridge : Cambridge University Press, 2016. x, 242 pages : illustrations ; 24 cm text rdacontent unmediated rdamedia volume rdacarrier Reimpressions: 2016. Includes bibliographical references and index. Machine 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. "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"-- Provided by publisher. Productos del petróleo 21282 Precios Industria del petróleo 7104 Radetzki, Marian, 20636 1936- Cover image http://assets.cambridge.org/97811071/10014/cover/9781107110014.jpg 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK 0 0 lcc 0 0 CS BJB BJB CS 2022-02-28 0 HD 9576 A283p 2016 00000160019 2022-02-28 00:00:00 1 2022-02-28 BK