Oil & natural resource economics

This paper surveys the history of the oil industry with a particular focus on the events associated with changes in the price of oil from the perspectives of oil production and oil reserves. The discussions include Hotelling’s theory on economics of non-renewable resource, peak oil theory, Hubbert’s...

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Main Authors: Azman Aziz, Mukhriz Izraf, Othman, Zalila
Format: Conference or Workshop Item
Language:English
Published: 2015
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/17050/1/17.pdf
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author Azman Aziz, Mukhriz Izraf
Othman, Zalila
author_facet Azman Aziz, Mukhriz Izraf
Othman, Zalila
author_sort Azman Aziz, Mukhriz Izraf
collection UUM
description This paper surveys the history of the oil industry with a particular focus on the events associated with changes in the price of oil from the perspectives of oil production and oil reserves. The discussions include Hotelling’s theory on economics of non-renewable resource, peak oil theory, Hubbert’s curve and prediction on future oil production and reserves based upon the recent developments in the world supply of oil.
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spelling uum-170502016-04-12T07:53:48Z https://repo.uum.edu.my/id/eprint/17050/ Oil & natural resource economics Azman Aziz, Mukhriz Izraf Othman, Zalila HC Economic History and Conditions This paper surveys the history of the oil industry with a particular focus on the events associated with changes in the price of oil from the perspectives of oil production and oil reserves. The discussions include Hotelling’s theory on economics of non-renewable resource, peak oil theory, Hubbert’s curve and prediction on future oil production and reserves based upon the recent developments in the world supply of oil. 2015-11-04 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/17050/1/17.pdf Azman Aziz, Mukhriz Izraf and Othman, Zalila (2015) Oil & natural resource economics. In: 4th ASEAN Consortium on Department of Economics Conference (ACDEC) 2015, 04-05 November 2015, Student Accomodation Centre (SAC), UUM.
spellingShingle HC Economic History and Conditions
Azman Aziz, Mukhriz Izraf
Othman, Zalila
Oil & natural resource economics
title Oil & natural resource economics
title_full Oil & natural resource economics
title_fullStr Oil & natural resource economics
title_full_unstemmed Oil & natural resource economics
title_short Oil & natural resource economics
title_sort oil natural resource economics
topic HC Economic History and Conditions
url https://repo.uum.edu.my/id/eprint/17050/1/17.pdf
work_keys_str_mv AT azmanazizmukhrizizraf oilnaturalresourceeconomics
AT othmanzalila oilnaturalresourceeconomics