CRUDE VOLATILITY THE HISTORY AND THE FUTURE OF BOOM BUST OIL PRICES CENTER ON GLOBAL ENERGY POLICY SERIES

Download Crude Volatility The History And The Future Of Boom Bust Oil Prices Center On Global Energy Policy Series ebook PDF or Read Online books in PDF, EPUB, and Mobi Format. Click Download or Read Online button to CRUDE VOLATILITY THE HISTORY AND THE FUTURE OF BOOM BUST OIL PRICES CENTER ON GLOBAL ENERGY POLICY SERIES book pdf for free now.

Crude Volatility

Author : Robert McNally
ISBN : 9780231543682
Genre : Business & Economics
File Size : 70.36 MB
Format : PDF, ePub, Mobi
Download : 304
Read : 614

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.
Category: Business & Economics

Global Economic Prospects January 2018

Author : World Bank Group
ISBN : 9781464812453
Genre : Business & Economics
File Size : 81.35 MB
Format : PDF, Docs
Download : 990
Read : 253

The global economy is in a broad-based cyclical recovery. Investment, manufacturing and trade are on the rebound. Financing conditions are benign, monetary policies are generally accommodative, and the worst impacts of the recent commodity price collapse have begun to dissipate. However, the global economic outlook remains clouded by a number of risks. These include the possibility of financial market disruptions, rising protectionist sentiment, and heightened geopolitical tensions. Of particular concern is evidence of subdued productivity and slowing potential growth. In addition to discussing global and regional economic developments and prospects, this edition of Global Economic Prospects includes a chapter on the causes of the broad-based slowing of potential growth and suggests remedies. The report also contains Special Focus sections on the impact of the 2014-2016 oil price collapse and the relationship between education demographics and global inequality. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
Category: Business & Economics

Energy Kingdoms

Author : Jim Krane
ISBN : 9780231548922
Genre : Political Science
File Size : 68.17 MB
Format : PDF, Mobi
Download : 550
Read : 301

After the discovery of oil in the 1930s, the Gulf monarchies—Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Oman, and Bahrain—went from being among the world’s poorest and most isolated places to some of its most ostentatiously wealthy. To maintain support, the ruling sheikhs provide their subjects with boundless cheap energy, unwittingly leading to some of the highest consumption rates on earth. Today, as summertime temperatures set new records, the Gulf’s rulers find themselves caught in a dilemma: can they curb their profligacy without jeopardizing the survival of some of the world’s last absolute monarchies? In Energy Kingdoms, Jim Krane takes readers inside these monarchies to consider their conundrum. He traces the history of the Gulf states’ energy use and policies, looking in particular at how energy subsidies have distorted demand. Oil exports are the lifeblood of their political-economic systems—and the basis of their strategic importance—but domestic consumption has begun eating into exports while climate change threatens to render their desert region uninhabitable. At risk are the sheikhdoms’ way of life, their relations with their Western protectors, and their political stability in a chaotic region. Backed by rich fieldwork and deep knowledge of the region, Krane expertly lays out the hard choices that Gulf leaders face to keep their states viable.
Category: Political Science

The Fracking Debate

Author : Daniel Raimi
ISBN : 9780231545716
Genre : Technology & Engineering
File Size : 55.79 MB
Format : PDF, Mobi
Download : 706
Read : 627

Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.
Category: Technology & Engineering

The Art Of Sanctions

Author : Richard Nephew
ISBN : 9780231542555
Genre : Political Science
File Size : 34.72 MB
Format : PDF, Docs
Download : 131
Read : 955

Nations and international organizations are increasingly using sanctions as a means to achieve their foreign policy aims. However, sanctions are ineffective if they are executed without a clear strategy responsive to the nature and changing behavior of the target. In The Art of Sanctions, Richard Nephew offers a much-needed practical framework for planning and applying sanctions that focuses not just on the initial sanctions strategy but also, crucially, on how to calibrate along the way and how to decide when sanctions have achieved maximum effectiveness. Nephew—a leader in the design and implementation of sanctions on Iran—develops guidelines for interpreting targets’ responses to sanctions based on two critical factors: pain and resolve. The efficacy of sanctions lies in the application of pain against a target, but targets may have significant resolve to resist, tolerate, or overcome this pain. Understanding the interplay of pain and resolve is central to using sanctions both successfully and humanely. With attention to these two key variables, and to how they change over the course of a sanctions regime, policy makers can pinpoint when diplomatic intervention is likely to succeed or when escalation is necessary. Focusing on lessons learned from sanctions on both Iran and Iraq, Nephew provides policymakers with practical guidance on how to measure and respond to pain and resolve in the service of strong and successful sanctions regimes.
Category: Political Science

King Of Oil

Author : Daniel Ammann
ISBN : 3280055628
Genre :
File Size : 27.63 MB
Format : PDF, ePub, Mobi
Download : 562
Read : 1102

Category:

Die Unterste Milliarde

Author : Paul Collier
ISBN : 9783641204945
Genre : Social Science
File Size : 27.99 MB
Format : PDF, ePub, Mobi
Download : 277
Read : 334

Der vielfach preisgekrönte Longseller jetzt in einer neuen Ausgabe Die unterste Milliarde – das sind die ärmsten Menschen der Erde, die am weltweit steigenden Wirtschaftswachstum keinen Anteil haben. Ihre Lebenserwartung ist auf fünfzig Jahre gesunken, jedes siebte Kind stirbt vor dem fünften Lebensjahr. Seit Jahrzehnten befinden sich die Ökonomien dieser Länder im freien Fall – ohne Aussicht auf Besserung. In seinem vielfach preisgekrönten Bestseller erklärt Paul Collier, wie es zu dieser krassen Armut gekommen ist und was man gegen sie tun kann.
Category: Social Science

Governance Im 21 Jahrhundert

Author : OECD
ISBN : 9264589368
Genre :
File Size : 38.19 MB
Format : PDF
Download : 680
Read : 652

Mit dem Beginn des 21. Jahrhunderts stehen weitere dramatische Umwälzungen in Wirtschaft und Gesellschaft an der Tagesordnung. Der Bericht untersucht Chancen und Risiken wirtschaftlicher, gesellschaftlicher und technologischer Natur.
Category: