Petroleum Economics Issues and Strategies of Oil and Natural Gas Production

Subjects:

• Science » Energy/Natural Resources
• Business » International Business
• Economics » International Economics

Reviews:

• Well written and illustrated with diagrams, this book is accessible to informed general readers and academic audiences.
  —Choice
• This book is a comprehensive introduction to the economics of oil and natural gas extraction and production along with a detailed discussion of pricing, taxing, and markets.
  —Oil and Gas Journal
• This is a short book of high quality....Rögnvaldur Hannesson has written a first-class book for economics and business students. He covers a wide range of important topics. His writing is admirably succinct. And because of succinctness, the book is short. The next time I teach an energy econimcs course, Hannesson's Petroleum Economics will be the main text.
  —The Energy Journal
• It should readily enter a petroleum economist's library and university reading lists.
  —The Journal of Energy and Development
• [t]here is surely a place for this well written, clear and revealing text, particularly for those students capable of seeing beyond, and behind, the headlines.
  —The Journal of Energy Literature

Table of Contents:

• Preface
• Oil and Oil Prices
• The Markets for Energy
• Natural Gas
• Some Principles of Petroleum Production
• Theories of Price Formation for Petroleum--Petroleum Rents
• The Taxation of Oil Extraction
• The Management of Petroleum Wealth
• Petroleum Discoveries and Structural Changes
• Bibliography
• Index