This study investigates the use of discretion by oil and gas companies in reporting financial performance and oil and gas reserve estimates during times of high political scrutiny resulting from increases in energy prices. Hypotheses tested in prior literature state that companies facing the...

The M.I.T. World Oil Project has been developing improved methods and data for analysis of the future course of the world oil market. Any forecast of this market depends on analysis of the likely demand for oil imports by major consuming countries, and the likely supply from exporters who behave...

This paper presents a user's guide and documentation for a macrofinancial model of Venezuela. This model was developed under a DOE International Affairs Division grant (contract no. EX-76-A-01-2295) for the project, "A Financial Model of Oil Supply for an Oil-Producing Country." Also, this work...