Description
To the casual observer, the oil business seems constant and unchanging. The familiarity of the oil industry's retail outlets masks extraordinary changes in how the industry engages in its four primary sectors of activity: finding and producing crude oil, transportation, refining, and marketing.
This book chronicles the oil industry's transformation over the last century and discusses the future of an industry that has been pronounced dead or dying by its critics on numerous occasions since the early development of coal and the steam engine. It takes readers through the business progressing through demand and supply demand of oil, pricing and commodity markets, industry structure and energy security. Additionally, it discusses organizing principles and alternative resources.
Features & Benefits
- Supply, demand, and pricing
- The markets, policy, and players
- Alternative energy resources
Audience
- Field level personnel
- Management
- Energy lending and finance professionals
- Anyone who seeks to understand how, or relies upon, energy markets
- Students
About the Author
Dr. Samuel A. Van Vactor is an energy economist who has analyzed oil, natural gas, and electricity markets since 1973, and is the president of Economic Insight, Inc. (EII), in Portland, Oregon. His consulting clients have included the American Petroleum Institute, the U.S. Department of Justice, foreign governments, and international oil companies. He was an expert witness for the North Slope producers on Alaska tax and royalty issues.
Dr. Van Vactor holds a Ph.D. from Cambridge University, and both an M.A.(University of Washington) and a B.S. (University of Oregon) in economics. He also has done research at the London School of Economics. He has lectured on energy and economics at the University of Maryland (European Division), Portland State University, University of Southwest Australia, Cambridge University, Columbia University, and Victoria University of New Zealand.
Details
Type: Hardcover
Size: 6x9
Pages: 184
Published: February 2010
ISBN: 9781593702144
