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| 1. |
WESTERN HEMISPHERE ENERGY PERSPECTIVES: INTRODUCTION |
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Contemporary Economic Policy,
Volume 3,
Issue 4,
1985,
Page 1-2
HELMUT J. FRANK,
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PDF (102KB)
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ISSN:1074-3529
DOI:10.1111/j.1465-7287.1985.tb00815.x
出版商:Blackwell Publishing Ltd
年代:1985
数据来源: WILEY
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| 2. |
WESTERN HEMISPHERE PERSPECTIVES: OIL AND NATURAL GAS |
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Contemporary Economic Policy,
Volume 3,
Issue 4,
1985,
Page 3-12
M. A. ADELMAN,
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PDF (633KB)
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摘要:
Among nations that are net oil exporters, those that are net importers, and those in balance, there are conflicting interests regarding the price level—which currently is many times the competitive level. However, avoiding too brusque a price change is in the interest of all. A glut was no barrier to price increases after 1973, nor in 1978. And a glut is not an absolute barrier even today.Nations which comprise the oil cartel have short horizons and high discount factors. This increases the likelihood that they will attempt price hikes and makes any equilibrium precarious. Even non‐cartel nations produce less oil and gas than would be profitable because governments, responding to public opinion, try to obtain more rent than there is to take. These governments apparently use unrealistically low discount rates.This paper attempts to point out parallel, common, and conflicting interests among the nations of the Western Hemisphere regarding price and production policy on crude oil and natural gas. In crude oil and oil products, Argentina is in balance, and Canada is practically so. Venezuela and Ecuador, both OPEC members, are net exporters. Mexico, a de facto member of OPEC, has observed a self‐imposed quota more faithfully than some OPEC members. The rest of the nations in the hemisphere are net impo
ISSN:1074-3529
DOI:10.1111/j.1465-7287.1985.tb00816.x
出版商:Blackwell Publishing Ltd
年代:1985
数据来源: WILEY
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| 3. |
CANADIAN ENERGY PROSPECTS: NATURAL GAS, TAR SANDS, AND OIL POLICY |
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Contemporary Economic Policy,
Volume 3,
Issue 4,
1985,
Page 13-24
BRIAN L. SCARFE,
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PDF (788KB)
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摘要:
This paper provides a brief overview of recent oil and gas developments in Canada. It describes marketing problems that the Canadian natural gas industry is facing and reports on some encouraging new developments in the recovery of bitumen from the Alberta tar sands deposits. Finally, the paper analyzes the current pricing, royalty, and taxation regime existing in Canada and where this overall fiscal system seems to be heading.
ISSN:1074-3529
DOI:10.1111/j.1465-7287.1985.tb00817.x
出版商:Blackwell Publishing Ltd
年代:1985
数据来源: WILEY
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