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energiesector --- economische crisis --- Petroleum industry and trade --- -Energy policy --- -665.6 --- energie --- aardolie --- economische politiek --- internationale politiek --- 354.4 --- Energy and state --- Power resources --- State and energy --- Industrial policy --- Energy conservation --- Energy industries --- Oil industries --- afzonderlijke vraagstukken der internationale politiek --- Government policy --- Organization of Petroleum Exporting Countries --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- Energy policy --- 665.6

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Gas industry --- Petroleum --- -Petroleum chemicals industry --- Petroleum industry and trade --- -665.6 --- Energy industries --- Oil industries --- Petrochemical industry --- Coal-oil --- Crude oil --- Oil --- Caustobioliths --- Mineral oils --- Natural gas industry --- Transportation --- Organization of Petroleum Exporting Countries --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- Gas industry. --- Petroleum chemicals industry. --- Petroleum industry and trade. --- Transportation. --- Petroleum chemicals industry --- 665.6 --- Organization of Petroleum Exporting Countries. --- Chemical industry --- Petroleum engineering --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت

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After a century of exponential growth, the international oil industry suddenly slowed down in the 1970s, faltered during the 1980s, and by 1991 was just about back to its 1979 level. That break in trend of its dominance in world energy became clear in 'the OPEC decade' from 1973 onwards, gaining a surge of riches for oil-exporting countries. This book, which was originally published in 1993, is a descriptive analysis of influences in the world oil trade. It is concerned with a central unchanged paradox of the industry - its preoccupation with maximising the production of high-cost rather than low-cost oil. It follows the rise and decline of OPEC monopoly power in the crude market, and shows how growth in the international oil business has almost ceased since the late seventies, exploring the reasons behind this slowdown. The author has had twenty-five years of practical experience in petroleum economics.

Petroleum industry and trade. --- Petroleum products --- Prices. --- Petroleum industry and trade --- Petroleum--Handel en industrie --- Pétrole--Commerce et industrie --- International economic relations --- Prices --- Organization of Petroleum Exporting Countries --- Business, Economy and Management --- Economics --- Petroleum --- Energy industries --- Oil industries --- Organization of Petroleum Exporting Countries. --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- Petroleum products - Prices. --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت

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As 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.

Petroleum industry and trade --- Petroleum products --- Petroleum reserves --- History. --- Prices --- Organization of Petroleum Exporting Countries. --- Petroleum --- Reserves --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- History --- E-books --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت

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Petroleum products --- 338.731 --- AA / International- internationaal --- Petroleum --- Petroleum industry and trade --- Prices --- Aardolie. Aardolieschok --- Organization of Petroleum Exporting Countries. --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت