Facebook LinkedIn Twitter

IAEE Members and subscribers to The Energy Journal: Please log in to access the full text article or receive discounted pricing for this article.

Oil Tomorrow: Supply Conditions in the Coming Decade

The events of the recent past serve to underscore the cyclical nature of the petroleum business. From the boom years of the 19?0s to the bust years of the 1980s, the oil industry has struggled to adapt to changing circumstances. The condition of stagnation and contraction masked the real long-term investment requirements of the industry and narrowed investment opportunities. All in all, the period wreaked havoc on investment budgets, the industry's most strategic component.

Purchase ( $25 )

Energy Specializations: Petroleum – Markets and Prices for Crude Oil and Products; Energy Modeling – Forecasting and Market Analysis

JEL Codes:
L13 - Oligopoly and Other Imperfect Markets
D4 -

Keywords: Oil supply, OPEC, Oil industry, Invsestment, Forecasting

DOI: 10.5547/ISSN0195-6574-EJ-Vol11-No1-1

Published in Volume 11, Number 1 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.