The Price of Oil
Oct 2015 · Cambridge University Press
Ebook
253
Pages
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About this ebook
Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices.
About the author
Roberto F. Aguilera is an adjunct research fellow at Curtin University, Australia, and an associate of Servipetrol Ltd, Canada. He has participated in numerous energy studies, including with the World Petroleum Council, US National Petroleum Council, and UN Expert Group on Resource Classification.
Marian Radetzki is Professor of Economics at Luleå University of Technology, Sweden. He has held visiting professorships at Colorado School of Mines, and at Pontificia Catholic University of Chile, researching on minerals and energy. In the 1970s, Professor Radetzki worked as Chief Economist at the International Copper Cartel, and has undertaken numerous consultancies over the years.
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