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Petroleum Conservation in Theory and Practice

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  • James W. McKie
  • Stephen L. McDonald

Abstract

The economic meaning of conservation, 99. — The maximum efficient rate and well spacing, 101. — State regulation, 110. — The intensive and the extensive margin, 118.

Suggested Citation

  • James W. McKie & Stephen L. McDonald, 1962. "Petroleum Conservation in Theory and Practice," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 76(1), pages 98-121.
    • Handle: RePEc:oup:qjecon:v:76:y:1962:i:1:p:98-121.
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    File URL: http://hdl.handle.net/10.2307/1891133
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    Cited by:

    1. Smith, James L., 2002. "Oil and the economy: introduction," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 163-168.
    2. 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.
    3. Rao, Raghavendra D., 2000. "An integrated modelling framework for exploration and extraction of petroleum resources," Resources Policy, Elsevier, vol. 26(3), pages 133-143, September.

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