Supply and Costs in the U.S. Petroleum Industry (Routledge Revivals): Two Econometric Studies

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Franklin M. Fisher

Supply and Costs in the U.S. Petroleum Industry (Routledge Revivals)

Two Econometric Studies

Franklin M. Fisher

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English

Routledge
03 August 2016

Econometrics; Petroleum & oil industries

Series: Routledge Revivals

Any discussion of the various facets of petroleum policy in the United States rests to a greater or less extent on the issue of sensitivity of petroleum exploration, and hence of new petroleum discoveries to economic incentives. Indeed, a principle argument in favour of having a special petroleum policy at all is that domestic petroleum exploration is so sensitive to economic considerations that in the absence of special incentives exploration expenditures would sharply decrease, as would the amount of petroleum discovered; consequently, the nation’s known oil resources would be reduced to an extent dangerous in the event of an international crisis.

This study attempts to answer the question: how sensitive are new petroleum discoveries to economic incentives? This book will be of interest to students of environmental studies.

By: Franklin M. Fisher
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 246mm, Width: 174mm,
Weight: 453g
ISBN: 9781138887329
ISBN 10: 1138887323
Series: Routledge Revivals
Pages: 194
Publication Date: 03 August 2016
Audience: College/higher education , Primary , A / AS level
Format: Paperback
Publisher's Status: Active

Franklin M. Fisher