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Oil Trade
Politics and Prospects

$39.99 (C)

Part of Cambridge Energy and Environment Series

  • Date Published: March 2011
  • availability: Available
  • format: Paperback
  • isbn: 9780521147453

$ 39.99 (C)

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About the Authors
  • This book is a descriptive analysis of current influences in the world oil trade. It is concerned with a central unchanged paradox of the industry--its preoccupation with maximizing the production of high-cost rather than low-cost oil. It follows the rise and decline of OPEC monopoly power in the crude market, shows how growth in the international oil business has almost ceased since the late seventies, and explores the reasons behind this slowdown. The author has had twenty-five years of practical consultancy in petroleum economics.

    • Authoritative account of world oil trade describing influences as well as assessing of prospects for the trade at the turn of the century
    • Will be of interest to a wide range of readers from undergraduates to the informed business person
    • Author is well known in the oil industry with 25 years of practical consultancy in the petroleum industry
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    Reviews & endorsements

    "...for anyone seeking understanding of the forces driving the industry, this is the only book they need to read--or, so far as I know, that attempts the task." Times Literary Supplement

    "...a serious and original discussion of the economics of the international petroleum trade, its present, and most particularly, its future....this is a fascinating and rich book, tossing out important and thought-provoking ideas one does not necessarily agree with." Middle East Policy

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    Product details

    • Date Published: March 2011
    • format: Paperback
    • isbn: 9780521147453
    • length: 324 pages
    • dimensions: 229 x 152 x 19 mm
    • weight: 0.48kg
    • availability: Available
  • Table of Contents

    List of figures
    List of tables
    List of tabular boxes
    List of abbreviations
    1. Pause or plateau?
    2. A discontinuity in trade
    3. Costs: concepts and comparisons
    4. Ambitions of autarky
    5. Still the prime mover
    6. An industry restructured
    7. Governments in the oil business
    8. The OPEC performance
    9. A confusion of prices
    10. Perspective of supply
    11. A contrast of expectations
    12. A sustainable paradox?

  • Author

    J. E. Hartshorn

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