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Oil & natural resource economics

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.

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Abstract

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.

Item Type: Conference or Workshop Item (Paper)
Additional Information: ISBN 978-983-43720-4-0 Organized by: Universiti Utara Malaysia
Uncontrolled Keywords: Oil Price, Oil Reserves, Peak Oil
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: School of Economics, Finance & Banking
Depositing User: Dr. Mukhriz Izraf Azman Aziz
Date Deposited: 31 Jan 2016 04:21
Last Modified: 12 Apr 2016 07:53
URI: https://repo.uum.edu.my/id/eprint/17050

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