Oil Crisis
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The Oil Crisis
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Author : Fiona Venn
language : en
Publisher: Routledge
Release Date : 2016-07-01
The Oil Crisis written by Fiona Venn and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-01 with History categories.
In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.
Oil Crisis
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Author : Colin John Campbell
language : en
Publisher: multi-science publishing
Release Date : 2005
Oil Crisis written by Colin John Campbell and has been published by multi-science publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
"Colin Campbell is renowned for his lucid earlier work, 'The coming oil crisis'. Eight years on, events have proved his analysis right. Now, he argues that the oil crisis has come. The familiar technical explanation of the crisis is carefully made again : essentially, that there is no more oil to be found. That fact is beginning to manifest itself in heightened competition for the remaining resource ; which is why America invaded Iraq ; why Central Asia is in turmoil ; why oil is persistently priced above $50/barrel (and why Goldman Sachs think $100 a barrel is not too unlikely in the near future). The problem - of an oil-less world - is beyond the grasp of politicians. They can fiddle with ideas about renewables or hydrogen but they, along with most of humanity, have not really grasped that it is the oil economy that enables about a 7 billion world population to be sustained. A wholly new world is imminent. It is not likely to be very pleasant. Dr Campbell outlines our grim future." -- book cover.
Oil Shock
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Author : Elisabetta Bini
language : en
Publisher: Bloomsbury Publishing
Release Date : 2016-05-27
Oil Shock written by Elisabetta Bini and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-27 with Political Science categories.
The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.
The Economics Of The Oil Crisis
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Author : Cyrus Bina
language : en
Publisher: Merlin Press
Release Date : 1985
The Economics Of The Oil Crisis written by Cyrus Bina and has been published by Merlin Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Business & Economics categories.
The Oil Factor
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Author : Stephen Leeb
language : en
Publisher: Hachette UK
Release Date : 2004-02-12
The Oil Factor written by Stephen Leeb and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-02-12 with Business & Economics categories.
A storm is coming, a turbulent new era in which oil prices will soar and inflation will sky-rocket. In this important new book, two leading financial strategists show you how to ride out the tempest while still capturing impressive investment returns... It's the oil, stupid. For the last thirty years, the price of oil has been the single most important determinant of the world economy. But now most geologists concur that the planet's supply of cheaply extractable oil, the traditional fuel that powers growth, will shortly be overtaken by demand. In the coming global turbulence, oil prices will top $100 a barrel, helping push inflation well into double digits and even posing a risk of intermittent deflation. The result will be an economy more rocky and a stock market more volatile than ever before. Fortunately, experts Stephen Leeb and Donna Leeb provide a road map that will guide you through the worst of it-and point the way to financial success. With the help of their "all season" Oil Indicator, they'll show you how to choose the right investments for any market environment, guiding you toward portfolios that prize real assets. Among the crucial lessons you'll learn: Why oil and natural gas stocks should be core holdings in every investor's portfolio Why a cautious buy-and-hold strategy is a sure money loser and why conventional "safe" stocks are really the riskiest Why gold may be on the verge of a historic bull run How the global oil wars make defense stocks a premium buy Where to find the surest bets in the burgeoning field of alternative energy How to profit from real estate without actually owning any. With its hands-on advice and savvy stock recommendations, which offer an alternative to staying in pre-inflation-era positions and risking portfolio meltdown, The Oil Factor promises to be the indispensable financial advice guide of the decade.
The Coming Oil Crisis
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Author : Colin John Campbell
language : en
Publisher: Multi-Science Publishing Company
Release Date : 1997
The Coming Oil Crisis written by Colin John Campbell and has been published by Multi-Science Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
"This book is about the world's endowment of oil. It is a very important subject, considering that cheap oil-based energy has been the lifeblood of the world's economy over the best part of this century." -- P. 5.
The Oil Crisis
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Author : Seeniappan Manoharan
language : en
Publisher: New Delhi : S. Chand
Release Date : 1974
The Oil Crisis written by Seeniappan Manoharan and has been published by New Delhi : S. Chand this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Petroleum industry and trade categories.
Economic and political analysis.
Oil And World Power Routledge Revivals
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Author : Peter R. Odell
language : en
Publisher: Routledge
Release Date : 2013-10-14
Oil And World Power Routledge Revivals written by Peter R. Odell and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-14 with Business & Economics categories.
The oil industry is the world’s largest commercial enterprise. Its extent is global; international issues are consistently influenced by considerations of oil production and consumption, while the international communications networks of the larger oil companies rival those of many nations. In this, the eighth edition of Oil and World Power, published in 1986, Peter Odell explains the complexities of this gigantic empire and its influence on the world. The far-reaching chapters discuss the U.S.A, the Soviet Union, O.P.E.C., Japan and the oil-consuming countries of the developing world. Evaluating the changing patterns of oil supply and the dramatic fall in oil prices in 1986, Odell proposes a number of forward-thinking conclusions surrounding the relationship between oil in global politics and economic development. This is an exceptionally interesting and relevant work, of great value to those with an interest in the oil industry, global power and international economic development.
The Economics Of The Oil Crisis
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Author : T.M. Rybczynski
language : en
Publisher: Springer
Release Date : 1976-06-18
The Economics Of The Oil Crisis written by T.M. Rybczynski and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976-06-18 with Political Science categories.
The Oil Crisis In The 1970s And Its Consequences For The World Economy
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Author : David Wieblitz
language : en
Publisher: GRIN Verlag
Release Date : 2006-07-23
The Oil Crisis In The 1970s And Its Consequences For The World Economy written by David Wieblitz and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-23 with Social Science categories.
Essay from the year 2004 in the subject Business economics - Economic and Social History, grade: 2,0, Turku School of Economics (Department of economics), course: Economic History and Development, language: English, abstract: Nowadays oil is still the world’s most important single source of energy. The world’s industry is influenced by the cost of energy which, in turn, is influenced by the price of crude oil, taxation and other factors. If the cost of energy goes up, then prices of goods and services will increase, subsequently it will cause lower availability of products, higher transportation’s costs and in turn lower economic growth. The latter will influence negatively the efficiency and productivity of the whole world’s industry. This means that if oil prices go too high or too low there will be unlikely consequences for both oil producers and oil consumers. This paper analyzes the oil crisis of 1970ies. The first section concerns the history of the October War (6 – 23 October 1973) that led to the oil embargo, one of the most dramatic events for the world economy. The embargo lasted six months, beginning on 17 October 1973 and ending on 18 March 1974. The second section deals with the impact of the energy crisis on different countries. It caused terrible consequences for the economies of all industrialized countries such as recession, inflation, unemployment, lost economic growth and stagflation. But the essential question is whether the energy crisis was a real shortage or mainly a matter of politics.