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The mineral economy: a model for the shape of oil production curves

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  • Bardi, Ugo

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  • Bardi, Ugo, 2005. "The mineral economy: a model for the shape of oil production curves," Energy Policy, Elsevier, vol. 33(1), pages 53-61, January.
  • Handle: RePEc:eee:enepol:v:33:y:2005:i:1:p:53-61
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    1. Acemoglu, Daron & Zilibotti, Fabrizio, 1997. "Was Prometheus Unbound by Chance? Risk, Diversification, and Growth," Journal of Political Economy, University of Chicago Press, vol. 105(4), pages 709-751, August.
    2. Houthakker, Hendrik S., 2002. "Are minerals exhaustible?," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 417-421.
    3. Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
    4. Lynch, Michael C., 2002. "Forecasting oil supply: theory and practice," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 373-389.
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    Cited by:

    1. Reynolds, Douglas B. & Pippenger, Michael K., 2010. "OPEC and Venezuelan oil production: Evidence against a cartel hypothesis," Energy Policy, Elsevier, vol. 38(10), pages 6045-6055, October.
    2. Douglas B. Reynolds & Maduabuchi Pascal Umekwe, 2019. "Shale-Oil Development Prospects: The Role of Shale-Gas in Developing Shale-Oil," Energies, MDPI, vol. 12(17), pages 1-21, August.
    3. Smith, James L., 2012. "On the portents of peak oil (and other indicators of resource scarcity)," Energy Policy, Elsevier, vol. 44(C), pages 68-78.
    4. Walan, Petter & Davidsson, Simon & Johansson, Sheshti & Höök, Mikael, 2014. "Phosphate rock production and depletion: Regional disaggregated modeling and global implications," Resources, Conservation & Recycling, Elsevier, vol. 93(C), pages 178-187.
    5. de Castro, Carlos & Miguel, Luis Javier & Mediavilla, Margarita, 2009. "The role of non conventional oil in the attenuation of peak oil," Energy Policy, Elsevier, vol. 37(5), pages 1825-1833, May.
    6. Robert K. Kaufmann, 2014. "The End of Cheap Oil: Economic, Social, and Political Change in the US and Former Soviet Union," Energies, MDPI, vol. 7(10), pages 1-17, September.
    7. Maslyuk, Svetlana & Smyth, Russell, 2009. "Non-linear unit root properties of crude oil production," Energy Economics, Elsevier, vol. 31(1), pages 109-118, January.
    8. Ugo Bardi & Alessandro Lavacchi, 2009. "A Simple Interpretation of Hubbert’s Model of Resource Exploitation," Energies, MDPI, vol. 2(3), pages 1-16, August.
    9. Reynolds, Douglas B., 2014. "World oil production trend: Comparing Hubbert multi-cycle curves," Ecological Economics, Elsevier, vol. 98(C), pages 62-71.
    10. Douglas B. Reynolds & Marek Kolodziej, 2009. "North American Natural Gas Supply Forecast: The Hubbert Method Including the Effects of Institutions," Energies, MDPI, vol. 2(2), pages 1-38, May.
    11. Jakobsson, Kristofer & Söderbergh, Bengt & Höök, Mikael & Aleklett, Kjell, 2009. "How reasonable are oil production scenarios from public agencies?," Energy Policy, Elsevier, vol. 37(11), pages 4809-4818, November.
    12. Antonio RIBBA, 2010. "Sources of Unemployment Fluctuations in the USA and in the Euro Area in the Last Decade," EcoMod2010 259600141, EcoMod.
    13. Douglas B. Reynolds, 2024. "U.S. shale oil production and trend estimation: Forecasting a Hubbert model," Economic Inquiry, Western Economic Association International, vol. 62(1), pages 468-487, January.
    14. Sverdrup, Harald U. & Ragnarsdottir, Kristin Vala & Koca, Deniz, 2015. "Aluminium for the future: Modelling the global production, market supply, demand, price and long term development of the global reserves," Resources, Conservation & Recycling, Elsevier, vol. 103(C), pages 139-154.
    15. Vikström, Hanna & Davidsson, Simon & Höök, Mikael, 2013. "Lithium availability and future production outlooks," Applied Energy, Elsevier, vol. 110(C), pages 252-266.
    16. Brandt, Adam R., 2010. "Review of mathematical models of future oil supply: Historical overview and synthesizing critique," Energy, Elsevier, vol. 35(9), pages 3958-3974.
    17. António Mateus & Catarina Lopes & Luís Martins & Mário Abel Gonçalves, 2021. "Current and Foreseen Tungsten Production in Portugal, and the Need of Safeguarding the Access to Relevant Known Resources," Resources, MDPI, vol. 10(6), pages 1-26, June.
    18. Brandt, Adam R., 2007. "Testing Hubbert," Energy Policy, Elsevier, vol. 35(5), pages 3074-3088, May.
    19. Reynolds, Douglas B., 2013. "Uncertainty in exhaustible natural resource economics: The irreversible sunk costs of Hotelling," Resources Policy, Elsevier, vol. 38(4), pages 532-541.
    20. Valero, Alicia & Valero, Antonio, 2010. "Physical geonomics: Combining the exergy and Hubbert peak analysis for predicting mineral resources depletion," Resources, Conservation & Recycling, Elsevier, vol. 54(12), pages 1074-1083.
    21. Lin, Bo-qiang & Liu, Jiang-hua, 2010. "Estimating coal production peak and trends of coal imports in China," Energy Policy, Elsevier, vol. 38(1), pages 512-519, January.
    22. Jakobsson, Kristofer & Söderbergh, Bengt & Snowden, Simon & Li, Chuan-Zhong & Aleklett, Kjell, 2012. "Oil exploration and perceptions of scarcity: The fallacy of early success," Energy Economics, Elsevier, vol. 34(4), pages 1226-1233.
    23. Gallagher, Brian, 2011. "Peak oil analyzed with a logistic function and idealized Hubbert curve," Energy Policy, Elsevier, vol. 39(2), pages 790-802, February.

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