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Oil Economics and Policy

  • Book
  • © 2000

Overview

Authors:
  1. Alberto Clô

    1. Bologna University, Italy

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xiv
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  2. Basic Conditions for Petroleum Economics

    • Alberto Clô
    Pages 1-36

  3. Key Players and Structure

    • Alberto Clô
    Pages 37-54

  4. Policies and Tactics of Oligopolistic Co-Ordination

    • Alberto Clô
    Pages 55-82

  5. Inertial Stability and Evolutionary Processes

    • Alberto Clô
    Pages 83-98

  6. Energy Crises: Perception and Reality

    • Alberto Clô
    Pages 99-124

  7. The Effects of the Crises and the Processes of Adaptation

    • Alberto Clô
    Pages 125-147

  8. The Oil Market Caught between Economics and Politics: The Persian Gulf Crisis

    • Alberto Clô
    Pages 149-168

  9. Oil Resources: Facts and Conjectures

    • Alberto Clô
    Pages 169-195

  10. From Monopolistic Stability to Competitive Instability

    • Alberto Clô
    Pages 197-222

  11. Back Matter

    Pages 223-258
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Keywords

About this book

In 20th century society, oil has played a fundamental role not only from the economic point of view, but also from the point of view of the political relationships established between major Western countries and oil-producing countries. A survey into oil history, its market dynamics and price evolution, is essential for a deeper understanding of modern industry and world economy, as world development depends on oil supplies, prices, and its political accessibility.
Oil Economics and Policy follows the historical development of the oil industry, and inevitably also covers many aspects of energy resource economy. In so doing, it pays particular attention to one aspect, namely, the fixing of oil prices. This is mainly in order to attempt to understand whether, and by how much, the structural transformations that the oil industry has undergone during the various phases of its existence - and the various market structures deriving from them - have influenced the dynamics of oil prices.
Alberto Clô is Professor of Industrial Economics at the University of Bologna. Minister of Industry and Trade during Lamberto Dini's government (January 1995-May 1996), he has been a member both of national and international scientific boards and of ministerial committees. He is author of numerous writings on industrial and energy economies and editor-in-chief of the journal Energia.

Authors and Affiliations

  • Bologna University, Italy

    Alberto Clô

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