Oil scarcity: What have the past three decades revealed?
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
- G. C. Watkins, 1992. "The Hotelling Principle: Autobahn or Cul de Sac?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 1-24.
- Adelman, M A, 1990. "Mineral Depletion, with Special Reference to Petroleum," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 1-10, February.
- Cutler J. Cleveland & Robert K. Kaufmann, 1991.
"Forecasting Ultimate Oil Recovery and Its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert,"
The Energy Journal, , vol. 12(2), pages 17-46, April.
- Cutter J. Cleveland & Robert K. Kaufmann, 1991. "Forecasting Ultimate Oil Recovery and Its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 17-46.
- Adelman, M. A., 1991. "User cost in oil production," Resources and Energy, Elsevier, vol. 13(3), pages 217-240, September.
- Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.
- Watkins, G. C. & Streifel, Shane S., 1998. "World crude oil supply: Evidence from estimating supply functions by country," Journal of Energy Finance & Development, Elsevier, vol. 3(1), pages 23-48.
- Lynch, Michael C., 2002. "Forecasting oil supply: theory and practice," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 373-389.
- Smith, James L. & Paddock, James L., 1984. "Regional modelling of oil discovery and production," Energy Economics, Elsevier, vol. 6(1), pages 5-13, January.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Johannes Mauritzen, 2017. "The Effect of Oil Prices on Field Production: Evidence from the Norwegian Continental Shelf," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 79(1), pages 124-144, February.
- Robert Bradley, 2007. "Resourceship: An Austrian theory of mineral resources," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 20(1), pages 63-90, March.
- 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.
- James L. Smith, 2010. "On The Portents of Peak Oil (And Other Indicators of Resource Scarcity)," Working Papers 1010, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Barbiroli, Giancarlo & Focacci, Antonio, 1999. "An appropriate mechanism of fuels pricing for sustainable development," Energy Policy, Elsevier, vol. 27(11), pages 625-636, October.
- Reynolds, Douglas B., 1999. "The mineral economy: how prices and costs can falsely signal decreasing scarcity," Ecological Economics, Elsevier, vol. 31(1), pages 155-166, October.
- 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.
- Greene, David L & Jones, Donald W & Leiby, Paul N, 1998. "The outlook for US oil dependence," Energy Policy, Elsevier, vol. 26(1), pages 55-69, January.
- Bentley, Roger & Bentley, Yongmei, 2015. "Explaining the price of oil 1971–2014 : The need to use reliable data on oil discovery and to account for ‘mid-point’ peak," Energy Policy, Elsevier, vol. 86(C), pages 880-890.
- Reynolds, Douglas B. & Baek, Jungho, 2012. "Much ado about Hotelling: Beware the ides of Hubbert," Energy Economics, Elsevier, vol. 34(1), pages 162-170.
- 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.
- Jakobsson, Kristofer & Bentley, Roger & Söderbergh, Bengt & Aleklett, Kjell, 2012. "The end of cheap oil: Bottom-up economic and geologic modeling of aggregate oil production curves," Energy Policy, Elsevier, vol. 41(C), pages 860-870.
- Thompson, Andrew C., 2001. "The Hotelling Principle, backwardation of futures prices and the values of developed petroleum reserves -- the production constraint hypothesis," Resource and Energy Economics, Elsevier, vol. 23(2), pages 133-156, April.
- Soren T. Anderson & Ryan Kellogg & Stephen W. Salant, 2018.
"Hotelling under Pressure,"
Journal of Political Economy, University of Chicago Press, vol. 126(3), pages 984-1026.
- T. Anderson, Soren & Kellog, Ryan & W. Salant, Stephen, "undated". "Hotelling under Pressure," RFF Working Paper Series dp-14-20, Resources for the Future.
- Soren T. Anderson & Ryan Kellogg & Stephen W. Salant, 2014. "Hotelling Under Pressure," NBER Working Papers 20280, National Bureau of Economic Research, Inc.
- Okullo, Samuel J. & Reynès, Frédéric & Hofkes, Marjan W., 2015.
"Modeling peak oil and the geological constraints on oil production,"
Resource and Energy Economics, Elsevier, vol. 40(C), pages 36-56.
- Okullo, S.J. & Reynes, F. & Hofkes, M.W., 2014. "Modeling Peak Oil and the Geological Constraints on Oil Production," Discussion Paper 2014-036, Tilburg University, Center for Economic Research.
- Okullo, S.J. & Reynes, F. & Hofkes, M.W., 2014. "Modeling Peak Oil and the Geological Constraints on Oil Production," Other publications TiSEM db6aecf8-bc32-478d-b0cd-1, Tilburg University, School of Economics and Management.
- Toman, Michael & Krautkraemer, Jeffrey, 2003.
"Fundamental Economics of Depletable Energy Supply,"
RFF Working Paper Series
dp-03-01, Resources for the Future.
- Krautkraemer, Jeffrey A. & Toman, Michael, 2003. "Fundamental Economics of Depletable Energy Supply," Discussion Papers 10842, Resources for the Future.
- Davis, Graham A. & Moore, David J., 1998. "Valuing mineral reserves when capacity constrains production," Economics Letters, Elsevier, vol. 60(1), pages 121-125, July.
- Anthony J. Venables, 2014.
"Depletion and Development: Natural Resource Supply with Endogenous Field Opening,"
Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(3), pages 313-336.
- Anthony J. Venables, 2011. "Depletion and Development: Natural Resource Supply with Endogenous Field Opening," CESifo Working Paper Series 3608, CESifo.
- Anthony Venables, 2011. "Depletion and Development: Natural resounce supply with endogenous field opening," OxCarre Working Papers 062, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Anthony J. Venables, 2011. "Depletion and development: natural resource supply with endogenous field opening," Economics Series Working Papers 554, University of Oxford, Department of Economics.
- Krautkraemer, Jeffrey A., 2005. "Economics of Natural Resource Scarcity: The State of the Debate," Discussion Papers 10562, Resources for the Future.
- Karanfil, Fatih & Omgba, Luc Désiré, 2017.
"Reconsidering the scarcity factor in the dynamics of oil markets: An empirical investigation of the (mis)measurement of oil reserves,"
Energy, Elsevier, vol. 137(C), pages 209-218.
- Fatih Karanfil & Luc-Désiré Omgba, 2017. "Reconsidering the scarcity factor in the dynamics of oil markets: An empirical investigation of the (mis)measurement of oil reserves," Post-Print hal-01639006, HAL.
- 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.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:34:y:2006:i:5:p:508-514. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.