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Energy Update: Oil in the Late Twentieth Century

Michael Tanzer, Stephen Zorn

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ISBN 10: 0853456631 / ISBN 13: 9780853456636
Published by Monthly Review Press
Condition: VERY GOOD Hardcover
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Very Good copy, cover and pages show some wear from reading and storage. Binding may have light creases. Lots of life left in these pages. Bookseller Inventory # 2602360076

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Title: Energy Update: Oil in the Late Twentieth ...

Publisher: Monthly Review Press

Binding: Hardcover

Book Condition:VERY GOOD

About this title


The book explores developments in the oil and energy industries, and examines the impact of energy problems on the world economy. It has been ten years since the OPEC price revolution first catapulted oil and energy issues to national media headlines. Since then the energy crisis has come full cycle: a crisis of supply and gas station lines has been replaced by a crisis of demand and underutilized oil facilities. OPEC financial surpluses have peaked and in some cases turned to deficits. Yet at the same time the profits realized by the oil industry have increased dramatically and oil is more than ever the largest and most crucial sector of the world economy. There is no doubt that oil as an energy source will remain dominant throughout the rest of the century. This book, a sequel to Michael Tanzer's "The Energy Crisis", looks at the changes of the last decade and their implications for the future. The authors again focus on the key players in the energy world: the international oil companies and their home governments, the international financial institutions, the oil-importing and oil-exporting countries, and the different problems faced by the industrialized, third world, and centrally planned economies. In a clearly written style, the book shows how developments in the international oil and energy industry are integrally linked, in both cause and effect, to the international capitalist system. Michael Tanzer and Stephen Zorn operate Tanzer Natural Resource Associates, Inc., which specializes in consulting to third world countries in the oil and minerals area. Tanzer is the author of "The Race for Resources" and Zorn the author of "Financing Mining Projects in Developing Countries".

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