World Oil
Market or Mayhem
Bibliographic Data
| ID | 4029685 |
|---|---|
| Authors | James L Smith (0000-0002-1370-3923, Southern Methodist University, corresponding author) |
| Year | 2009 |
| Volume | 23 |
| Issue | 3 |
| Pages | 145-164 |
| Publication date | 2009-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.23.3.145 |
| OpenAlex | W2141315971 |
| Language | EN |
| Citations received | 15 |
| References cited | 15 |
Many observers regard the world oil market as a puzzle. Why are oil prices so volatile? Why did prices spike in the summer of 2008, and what role did speculators play? How important is OPEC? Where are oil prices headed in the long run? Is "peak oil" a genuine concern? Any attempt to answer these questions must be informed and disciplined by economics. We examine the evidence on each of these issues and provide an interpretation of developments in the world oil market from the perspective of economic theory
Crude oil · Economics · Financial economics · Macroeconomics · Monetary economics · Oil price · Oil-storage trade · Petroleum engineering · Speculation · Energy, Environment, and Transportation Policies · Engineering · Global Energy and Sustainability Research · Market Dynamics and Volatility
Study Oil Price with Market Sentiments
The evolution of oil trade
Supply flexibility in the shale patch
Did Opec change its behaviour after the November 2014 meeting
Food Prices, Ethics and Forms of Speculation
Global oil prices and fuel subsidies
Politics and petroleum
Steppe-ing’ Out of Russia’s Shadow
The economics of degrowth
Oil and the economy
Reply to Stan Becker, “Has the World Really Survived the Population Bomb? (Commentary on “How the World Survived the Population Bomb
Saudi Arabia and the Oil Market
Less and Less Favoured? Britain's Regions in the Energy Crunch
The Politics of Energy
The Emperor Has No Clothes
| Unique citing works | 15 |
|---|---|
| Citations per year | 0,94 |
| Citation span | 2010 - 2024 (15) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 14 |