TY  - BOOK
AU  - Hartshorn,J.E.
TI  - Oil trade: politics and prospects 
T2  - Cambridge studies in energy and the environment
SN  - 0511002416
AV  - HD9560.5 .H32 1993eb
U1  - 338.2/7282 20
PY  - 1993///
CY  - Cambridge [England], New York, NY, USA
PB  - Cambridge University Press
KW  - Organization of Petroleum Exporting Countries
KW  - cct
KW  - fast
KW  - Petroleum industry and trade
KW  - Petroleum products
KW  - Prices
KW  - BUSINESS & ECONOMICS
KW  - Industries
KW  - General
KW  - bisacsh
KW  - Olie-industrie
KW  - gtt
KW  - OPEC
KW  - Electronic books
N1  - Includes bibliographical references (pages 294-298) and index
N2  - 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
UR  - https://libproxy.firstcity.edu.my:8443/login?url=http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=53537
ER  -