The World Oil Market in the 1980s
Author: Everett M. Ehrlich
Publisher:
Published: 1980
Total Pages: 104
ISBN-13:
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Author: Everett M. Ehrlich
Publisher:
Published: 1980
Total Pages: 104
ISBN-13:
DOWNLOAD EBOOKAuthor: Siamack Shojai
Publisher: Praeger
Published: 1992-05-30
Total Pages: 288
ISBN-13:
DOWNLOAD EBOOKThis contributed volume examines the far-reaching effects of the weakening of OPEC's cohesion and influence in the 1980s, the resulting decline of oil prices, and the accompanying economic reversals. These events resulted in both fortune and misfortune for oil users and producers and dramatically changed energy economics worldwide. Moreover, as revealed in this volume, the decade of the 1980s demonstrated that oil producers and oil importers can prosper in an atmosphere of mutual respect, cooperation, and moderation. The work examines major oil-related topics such as the experiences of OPEC and non-OPEC oil suppliers in the 1980s, adjustment and response of oil importers to changes in the oil market, the impact of oil price changes on both the developed and developing world, and possible future developments in the global oil market. This volume will be of interest to scholars of energy and international economics, as well as professionals in the area of energy development and markets.
Author: Etats-Unis. Congressional budget office
Publisher:
Published: 1980
Total Pages: 79
ISBN-13:
DOWNLOAD EBOOKAuthor: Dimitri Aperjis
Publisher:
Published: 1982
Total Pages: 248
ISBN-13:
DOWNLOAD EBOOKAuthor: Karim Pakravan
Publisher: Hoover Press
Published: 1984
Total Pages: 108
ISBN-13: 9780817979034
DOWNLOAD EBOOKAuthor: Stuart W. Sinclair
Publisher:
Published: 1984
Total Pages: 376
ISBN-13:
DOWNLOAD EBOOKAuthor: American Petroleum Institute
Publisher:
Published: 1982
Total Pages: 228
ISBN-13:
DOWNLOAD EBOOKAuthor: Duccio Basosi
Publisher: Bloomsbury Publishing
Published: 2018-04-30
Total Pages: 400
ISBN-13: 1838608257
DOWNLOAD EBOOKThe oil price collapse of 1985-6 had momentous global consequences: non-fossil energy sources quickly became uncompetitive, the previous talk of an OPEC 'imperium' was turned upside-down, the Soviet Union lost a large portion of its external revenues, and many Third World producers saw their foreign debts peak. Compared to the much-debated 1973 `oil shock', the `countershock' has not received the same degree of attention, even though its legacy has shaped the present-day energy scenario. This volume is the first to put the oil `counter-shock' of the mid-1980s into historical perspective. Featuring some of the most knowledgeable experts in the field, Counter-Shock offers a balanced approach between the global picture and local study cases. In particular, it highlights the crucial interaction between the oil counter-shock and the political `counterrevolution' against state intervention in economic management, put forward by Ronald Reagan and Margaret Thatcher in the same period.
Author: Robert McNally
Publisher: Columbia University Press
Published: 2017-01-17
Total Pages: 336
ISBN-13: 0231543689
DOWNLOAD EBOOKAs 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.