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Introduction -- A Primer on the Oil Industry -- The Legacy of Oil: 1858-2000 -- The Oil Market, 2000-2014: Rising Prices and the Perils of Profit -- The Politics, Geopolitics, and Global Governance of Oil: 2000-2014 -- The Politics and Markets of a Price Fall: 2014-2019 -- 2020 and Beyond: Oil...
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After opening up of the Interconnector, the liberalized UK natural gas market and the regulated Continental gas markets became physically integrated. The oil-linked Continental gas price became dominant, due to both the large volume of the Continental market and to the fact that the significant...
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The Central Asian/Transcaucasian region has the potential to become a significant producer and exporter of oil and gas. Estimates of its reserve base are on the scale of the North Sea. Over the next decade, as world oil demand continues to grow, the region will gain in importance by helping to...
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Introduction -- The nature of a political resource -- Capturing oil -- Marketing oil -- Living with oil -- Securing oil -- Developing through oil -- Governing oil -- Better and beyond: the future of oil
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We focus on the implications of the shale oil boom for the global supply of oil. We begin with a stylized model with two producers, one facing low production costs and one higher production costs but potentially lower adjustment costs, competing á la Stackelberg. We find that the supply...
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