The 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.
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 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.
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.
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.
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.
Public Reaction To The Oil Crisis
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Author : Saik Chin Wong
language : en
Publisher: Institute of Southeast Asian
Release Date :
Public Reaction To The Oil Crisis written by Saik Chin Wong and has been published by Institute of Southeast Asian this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
A questionnaire probe in four parts: Characteristics of Respondents, Results of the First Interviewers, Results of the Panel Study and Implications of Opinions. With 20 tables and appendixes containing questionnaires and frequency distribution of responses.
The Myth Of The Oil Crisis
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Author : Robin M. Mills
language : en
Publisher: Praeger
Release Date : 2008-08-30
The Myth Of The Oil Crisis written by Robin M. Mills and has been published by Praeger this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-08-30 with Business & Economics categories.
With oil around $100 a barrel, drivers wince whenever they pull into the gas station and businesses watch their bottom lines shrink. Watch out, say doomsayers, it will only get worse as oil dries up. It's a plausible argument, especially considering the rate at which countries like China and India are now sucking up oil. Even more troubling, the world's largest oil fields sit in geopolitical hotspots like Iran and Iraq. Some believe their nations need to secure remaining supplies using military force, while others consider dwindling supplies a blessing that will help solve the problem of global warming. But wait—is it really the end of oil? Absolutely not, says geologist, economist, and industry-insider Robin Mills. There is no other book by an industry insider that effectively counters the peak oil theory by showing where and how oil will be found in the future. There also is no other book by an insider that lays out an environmentally and geopolitically responsible path for the petroleum industry and its customers. The Myth of the Oil Crisis, written in a lively style but with scientific rigor, is thus a uniquely useful resource for business leaders, policymakers, petroleum industry professionals, environmentalists, and anyone else who consumes oil. Best of all, it offers an abundance of one commodity now in short supply: hope for the future.
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.