{"product_id":"the-price-of-oil-paperback-9781107525627","title":"The Price of Oil (Paperback \/ softback) 9781107525627","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Price of Oil\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis book explains why oil prices rose so spectacularly in the past and examines how they will be suppressed in the future.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eRoberto F. Aguilera (Author), Marian Radetzki (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781107525627, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 26 October 2015\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e252 pages, 18 b\/w illus.  18 tables\u003cbr\u003e22.4 x 15.2 x 1.4 cm, 0.36 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'I found this book to be well argued, thought provoking, and fun to read. The authors have presented both statistical data and literature studies to support their case while acknowledging alternative points of view that they think less likely. Those with professional interest in energy markets as well as the general public interested in energy issues are likely to enjoy this book.' Carol A. Dahl, The Energy Journal\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eDrawing 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eAcknowledgements\u003cbr\u003e 1. Introduction and overview\u003cbr\u003e Part I. Oil's Extraordinary Price History: How Can It Be Explained?: 2. The price of oil since the early 1970s: observations and implications\u003cbr\u003e 3. OPEC and its behavior cannot explain oil's price performance\u003cbr\u003e 4. Can depletion and rising costs explain the price developments?\u003cbr\u003e 5. State ownership, government greed and the slowdown of capacity expansion\u003cbr\u003e 6. The resource curse and capacity destruction\u003cbr\u003e 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\u003cbr\u003e 8. Longevity of US shale oil: have we only seen the beginning?\u003cbr\u003e 9. The conventional oil revolution\u003cbr\u003e 10. Environmental issues arising from the revolutions\u003cbr\u003e 11. Will the revolutions spread globally?\u003cbr\u003e 12. A substantial long-term price fall in store\u003cbr\u003e Part III. Global Implications for the Macroeconomy, the Environment and for Politics: 13. Impact on macroeconomy and trade balances\u003cbr\u003e 14. Climate policy with low oil prices\u003cbr\u003e 15. Political repercussions\u003cbr\u003e Conclusions: 16. What have we learnt?\u003cbr\u003e References\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Energy \u0026amp; natural resources law [\u003ca title=\"See our other books on Energy \u0026amp; natural resources law\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Energy%20\u0026amp;%20natural%20resources%20law%20%5BLNCR%5D%22\"\u003eLNCR\u003c\/a\u003e], Political economy [\u003ca title=\"See our other books on Political economy\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Political%20economy%20%5BKCP%5D%22\"\u003eKCP\u003c\/a\u003e], Environmental economics [\u003ca title=\"See our other books on Environmental economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Environmental%20economics%20%5BKCN%5D%22\"\u003eKCN\u003c\/a\u003e], Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46003797033240,"sku":"9781107525627","price":29.19,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9781107525627i_62cf67b7-7003-43f1-bb6e-ddf7fadff70e.jpg?v=1696755165","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-price-of-oil-paperback-9781107525627","provider":"Freshly Printed Books","version":"1.0","type":"link"}