This chapter will specifically cover the institutions surrounding the oil price and resource economics. The objective is to distance the approach taken from the resource determinism which characterizes most of the mainstream literature on the political economy of energy. The theoretical overview...

Purpose: The purpose of this study is to determine the resilience of oil intensive Romanian communities to oil price fluctuations. Design/methodology/approach: The methodology employed is based on identifying the communities with the most extensive oil extraction activities using GIS (Geographic...