Estimating U.S. Crude Oil Resources: Organizational Interests, Political Economy, and Historical Change

1982 ◽  
Vol 25 (4) ◽  
pp. 419-448 ◽  
Author(s):  
Gary Bowden
Keyword(s):  
Political Economy ◽  
Crude Oil ◽  
Historical Change ◽  
Oil Resources

scholarly journals Polish energy security in the oil sector

2019 ◽  
Vol 108 ◽  
pp. 02015 ◽  
Author(s):  
Tadeusz Olkuski ◽  
Adam Szurlej ◽  
Barbara Tora ◽  
Miłosz Karpiński
Keyword(s):  
Crude Oil ◽  
Energy Security ◽  
Point Of View ◽  
Factors Affecting ◽  
Oil Reserves ◽  
Oil Resources ◽  
Oil Sector ◽  
The Baltic ◽  
Almost All ◽  
The Impact

Almost all crude oil used in Poland is imported. The domestic production meets less than 4% of needs; therefore, to ensure the security of supplies, Poland relies heavily on imports. It is worth mentioning, however, that Poland has crude oil resources oil fields are located in the Carpathians, Polish Lowlands, and in the economic zone of the Baltic Sea. For years, crude oil is imported mainly from the East, however, a significant change in this approach, leading to an increase in seaborne oil supplies, has been observed in recent years. In 2017, 77.3% of crude oil was imported from Russia, while the rest was supplied from Saudi Arabia, Iraq, Iran, Norway, and Kazakhstan. Increasing the diversification of supplies is, of course, a very positive phenomenon, because it allows reducing the dependence on one supplier, which is beneficial from the point of view of energy security. Taking into account a high dependence on oil imports, the article also discusses important factors affecting the global oil market: low investment in the upstream sector, a drastic decline in oil production in Venezuela, the impact of the U.S. embargo on Iran, or depleting oil reserves.

scholarly journals ANALISIS POLITIK MINYAK DI TIMUR TENGAH

Vox Populi ◽  
2010 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Ismah Tita Ruslin
Keyword(s):  
Political Economy ◽  
Foreign Policy ◽  
Middle East ◽  
Oil Resources ◽  
Oil Politics

Middle East is a region full of conflicts both regional and international area, one of continuously conflicts trigger is the oil factor, an available oil in the Middle East is a blessing and a disaster other side, since the discovery of oil resources, this region has always been the international spotlight, the several of political economy interests hold on there not only among region countries but also west countries involvement as foreign policy. Oil used as a tool ad a political goal for the realization of national interests.Keywords: Oil, Politics, Middle East

scholarly journals Comparing Determinants of Industrial Performance between Korea and Japan Based on a Wage Analysis

1998 ◽  
Vol 13 (0) ◽  
pp. 77-101
Author(s):  
Junmo Kim
Keyword(s):  
Political Economy ◽  
Policy Evaluation ◽  
Historical Change ◽  
Economic Forces ◽  
Industrial Performance

This research compared of determinants of industrial performance measured by wage data, assuming that wage data has rich contexts that records historical change of major economic forces. Analysis yielded major determinants of wage performance for Japan and Korea, and interpretation of the determinants provided invaluable insights to understand political economy and policy evaluation of the two countries.

Incorporating strategic petroleum reserve and welfare losses: A way forward for the policy development of crude oil resources in South Asia

2021 ◽  
Vol 74 ◽  
pp. 102309
Author(s):  
Zhen Liu ◽  
Yuk Ming Tang ◽  
Ka Yin Chau ◽  
Fengsheng Chien ◽  
Wasim Iqbal ◽  
...  
Keyword(s):  
Crude Oil ◽  
South Asia ◽  
Policy Development ◽  
Welfare Losses ◽  
Oil Resources ◽  
Strategic Petroleum Reserve

The Political Economy of Crude Oil Cartelization in the United States, 1933–1972

1989 ◽  
Vol 49 (4) ◽  
pp. 833-855 ◽  
Author(s):  
Gary D. Libecap
Keyword(s):  
United States ◽  
Political Economy ◽  
Crude Oil ◽  
Oil Prices ◽  
The United States ◽  
Production Costs ◽  
The Political ◽  
Political Factors ◽  
Political Costs ◽  
Crude Oil Prices

This article examines a government-sponsored cartel that fixed domestic crude oil prices in interstate markets from 1933 through 1972. Although the cartel raised and stabilized nominal oil prices beyond earlier private efforts, it also resulted in politically driven constraints on price, output levels, and cartel rent distribution. Political factors molded quota assignments, diverted production from low- to high-cost producers, and raised production costs. Political pressures prevented Texas from acting as a residual or swing producer. Instead, the interstate oil cartel members maintained nominal prices and spread the political costs of output adjustments.

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