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The Price of Oil

The Price of Oil

Paperback

Business GeneralEconomicsInternational Relations

ISBN10: 1107525624
ISBN13: 9781107525627
Publisher: Cambridge University Press
Published: Oct 26 2015
Pages: 252
Weight: 0.78
Height: 0.61 Width: 5.99 Depth: 9.04
Language: English
Drawing 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.

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Business General