This study of the international petroleum trade provides a view that departs from the conventional perspective: it is structured on its perception of the interdependence among the oil-producing countries, the oil-importing countries, and the international oil companies, taking fully into account the political context within which the economic mechanisms operate. These crucial political considerations lead to a descriptive and predictive realism which goes beyond the standard market analyses that ignore their influence.The ...
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This study of the international petroleum trade provides a view that departs from the conventional perspective: it is structured on its perception of the interdependence among the oil-producing countries, the oil-importing countries, and the international oil companies, taking fully into account the political context within which the economic mechanisms operate. These crucial political considerations lead to a descriptive and predictive realism which goes beyond the standard market analyses that ignore their influence.The author develops and presents a simulation model of the world petroleum market in the OPEC era that traces effects and expected impacts from the recent past through a range of alternative futures. Dynamic simulation models, because of their adeptness at manipulating large amounts of data in complex ways, often lead to results that contradict intuitive, top-of-the-head expectations. In the present case, because political influences are explicitly factored into the model along with the familiar economic variables, this effect is particularly pronounced--the book presents some surprising conclusions that run counter to predictions and assessments generated by a purely economic simulation-analysis of the data.Among these conclusions is the author's finding that higher oil prices, under certain circumstances, can be in the best long-term interest of the consuming countries, while low prices can have distinct disadvantages for all the countries in the world oil market by creating political vulnerabilities and instabilities. In general there is an inevitable interdependence (and possible trade-off) between political and economic consequences of different oil prices. Another conclusion is that the international oil companies will continue to play a critical role in the oil trade and that their profits will continue to grow "whatever" the price of oil.The construction of the simulation model is followed from the initial concept to the details of its working parts. A number of market sectors--those of supply, finance, management, price, the producer, the consumer, and the international economy--are identified and incorporated, and their linkages and interdependencies are made explicit. In operation, the model extrapolates a series of alternatives, hypothetical future outcomes based on the input of variable prices, production policies, and tax rates. These alternatives range over a broad set of assumed situations--from radical OPEC price increases through a broken-up OPEC or one with weakened policies to the virtual disappearance of the cartel.
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Add this copy of International Energy Futures: Petroleum Prices, Power, to cart. $2.36, Sold by Zubal Books rated 5.0 out of 5 stars, ships from Cleveland, OH, UNITED STATES, published 1981 by The MIT Press.
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*Price HAS BEEN REDUCED by 10% until Monday, June 3 (sale item)* 257 pp., Hardcover, ex library else text clean and binding tight. -If you are reading this, this item is actually (physically) in our stock and ready for shipment once ordered. We are not bookjackers. Buyer is responsible for any additional duties, taxes, or fees required by recipient's country.
Add this copy of International Energy Futures: Petroleum Prices, Power, to cart. $5.96, good condition, Sold by Midtown Scholar Bookstore rated 5.0 out of 5 stars, ships from Harrisburg, PA, UNITED STATES, published 1981 by The MIT Press.
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Good-Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name-GOOD Standard-sized.
Add this copy of International Energy Futures: Petroleum Prices, Power, to cart. $14.74, fair condition, Sold by Phatpocket Limited rated 4.0 out of 5 stars, ships from Waltham Abbey, ESSEX, UNITED KINGDOM, published 1981 by MIT Press (MA).
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Acceptable. Used-Acceptable. Ships from UK in 48 hours or less (usually same day). Your purchase helps support Sri Lankan Children's Charity 'The Rainbow Centre'. Ex-library with wear and barcode page may have been removed. 100% money back guarantee. We are a world class secondhand bookstore based in Hertfordshire, United Kingdom and specialize in high quality textbooks across an enormous variety of subjects. We aim to provide a vast range of textbooks, rare and collectible books at a great price. Our donations to The Rainbow Centre have helped provide an education and a safe haven to hundreds of children who live in appalling conditions. We provide a 100% money back guarantee and are dedicated to providing our customers with the highest standards of service in the bookselling industry.
Add this copy of International Energy Futures: Petroleum Prices, Power, to cart. $45.71, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1981 by MIT PRESS @.
Add this copy of International Energy Futures: Petroleum Prices, Power, to cart. $50.00, very good condition, Sold by Tornbooks rated 5.0 out of 5 stars, ships from Austin, TX, UNITED STATES, published 1981 by MIT Press.
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Near Fine in Near Fine jacket. Uncommon. First Edition. NF/NF. Hardcover, yellow cloth with white titles, DJ, 248 pp, light edgewear, else a clean and crisp copy. Protected in a Brodart cover.
