The decline of Arab oil revenues

Book · Wed Jan 01 00:00:00 EST 1986

OSTI ID:5372909

Farid, A M

Since 1981, Arab oil revenues have declined by about 40-50%. This has had an enormous impact on the Arab economies as well as on economic and political relations between the Arab world, the industrialised world and the Third world. This book reviews how lower oil revenues have affected Arab countries and the international economy. It also considers the future prospects for Arab oil and the world oil industry. It analyses the various assessment of the life span of oil, the forecasts concerning the development of alternative sources of energy and the factors governing the demand for oil. Although the outlook for the Arab economies appears gloomy in many respects, the book argues that there is potential within the Arab world to overcome the decline in oil revenues. However it will require great efforts in political and economic co-operation amongst Arab states.

• OSTI ID: 5372909
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
MIDDLE EAST
PETROLEUM INDUSTRY
PETROLEUM
PRICES
ECONOMIC IMPACT
AGRICULTURE
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ECONOMICS
ENERGY POLICY
FORECASTING
GLOBAL ASPECTS
INCOME
INTERNATIONAL RELATIONS
POLITICAL ASPECTS
PSYCHOLOGY
SOCIO-ECONOMIC FACTORS
ENERGY SOURCES
FOSSIL FUELS
FUELS
GOVERNMENT POLICIES
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INSTITUTIONAL FACTORS
020700* - Petroleum- Economics
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294002 - Energy Planning & Policy- Petroleum
290200 - Energy Planning & Policy- Economics & Sociology