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ISBN: 9780231178143
Per Boek Wijzer Auteur: Robert Mcnally

Taal: engels
AS OPEC HAS LOOSENED its grip over the past ten years, the oil mar-ket has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean mar-ket interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil com-panies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offer-ing recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.

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  • library_books Kenmerken
    Verschijningsdatum januari 2017
    Uitgever Columbia University Press
    Taal Engels
    Subtitel The History and the Future of Boom-Bust Oil Prices
    NUR code 780
    Illustraties Met illustraties
    Rubriekspad <Boeken><Managementboeken>
    Rubriekspad <Boeken><Economie & Financien><Economie><Internationale economie & handel>
    Rubriekspad <Boeken><Economie & Financien>
    Extra groot lettertype Nee
    Druk 1
    Category Economie & Financien
    Category Internationale economie & handel
    Category Economie
    Category Boeken
    Category Managementboeken
    Bindwijze Hardcover
    Auteur Robert Mcnally
    Afmetingen 23,1 x 16 x 2,8 cm
    Aantal pagina's 336 pagina's
    Aanbevolen leeftijd 22 jaar
    NUR 780
  • label Onderwerpen