Political economy of oil
A nontechnical discussion of the political economy of the world oil market is intended to inform the beginning student as well as serve as a reference book. Beginning with definitions and an explanation of units, the text covers the world economy, oil supply, oil prices, oil consumption and non-oil energy materials supplies, oil companies, macroeconomics, and the market in an effort to relate both macro- and microeconomic phenomena. Professor Banks feels that population is the most crucial factor in economics today, followed by nonfuel minerals and energy; the technical problems pertaining to energy, however, can be managed if the first two are faced and dealt with. He thinks the outlook is good for replacing oil with other energy sources. 143 references, 23 figures, 26 tables. (DKC)
- OSTI ID:
- 7041137
- Country of Publication:
- United States
- Language:
- English
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