Crude volatility : the history and future of boom-bust oil prices / Robert McNally.
Series: Center on Global Energy Policy seriesPublisher: New York : Columbia University Press, [2017]Description: 315 pages cmContent type:- text
- unmediated
- volume
- 9780231178143 (cloth : alk. paper)
- HD9565 .M29 2017
BOOKS
| Current library | Home library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
| Alfaisal University On Shelf | Alfaisal University On Shelf | HD9565 .M29 2017 (Browse shelf(Opens below)) | Available | AU0000000008588 |
Includes bibliographical references and index.
Introduction: the Texas paradox -- And then there was light: from chaos to order in the kerosene era (1859-1911) -- No Rockefeller, no peace: boom-bust returns (1912-1933) -- Why are oil prices prone to boom bust cycles? -- The Texas era of price stability: US supply controls and international cartelization (1934-1972) -- The birth of OPEC: 1960-1969 -- The transformational seventies, part two: 1970-1980 -- OPEC's rude awakening: 1981-1990 -- OPEC muddles through: 1991-2003 -- Twilight: OPEC's power to prevent price spikes ebbs and vanishes: 2004-2008 -- Oil's third boom-bust era: 2009-? -- Epilogue: a challenge with no easy solution.