Norway catch up? The discovery and extraction of oil in the early 70s is usually suggested as the explanation. But oil alone … cannot explain Norway's growth since Sachs and Warner (2001) show that resource-gifts often reverse growth, making oil a …

This paper looks at speculative behavior in the international oil market. Much of the blame for oil-market turbulence …, to volatility. The paper utilizes a large, detailed database on individual trader positions in crude-oil and heating-oil …

This paper first describes trends and future predictions of factors that determine U.S. dependence on oil and oil … imports. We then review evidence on the oil premium, that is, the extent to which the costs to the United States as a whole … from extra oil consumption may exceed the private costs to individual oil users. The premium has two main components: one …

taken into consideration. The hypothesis also holds when the international quota price is increased, and oil prices drop in …

of biomass to generate electricity; (2) the world oil price (and the cost of production of cellulosic ethanol); and (3 …