The New Economy of Oil: Impacts on Business, Geopolitics and Society [Hardcover]

Koji Morita (Author), Norman Selley (Author), Jonathan Stern (Author), John V. Mitchell (Author, Editor)

Book Description

Publication Date: August 2001 | Series: Trade and Environment Series

An analysis of the condition of the oil industry at the start of the 21st century. It demonstrates that the chief concern of the industry over the next couple of decades will not be its availability but its acceptability. Having dominated the 20th century, playing a crucial role in industrial development, oil now faces an unprecedented series of challenges: as a major polluter, it faces competition from other energy sources - gas and renewables - and ever more stringent regulation and control, with higher taxes. Faced with these pressures, the oil companies are repositioning themselves as energy industries - and oil is certain to have a diminishing share in their portfolio of fuels.;The implications are enormous, given the current dependence on oil of so much industry and government revenue. This book should be useful to all those involved with oil, from industry professionals to competitors, commentators, investors, managers, politicians and regulators, as well as more general readers.

Editorial Reviews

About the Author

John V. Mitchell is chairman of the Energy and Environmental Programme Steering Committee at RIIA. Norman Selley is senior research fellow with the Energy and Environmental Programme at RIIA. Koji Morita is at the Institute of Energy Economics, Japan, and a visiting research fellow at in the Energy and Environmental Programme at RIIA.

Product Details

• Hardcover: 200 pages
• Publisher: Earthscan Pubns Ltd (August 2001)
• Language: English
• ISBN-10: 1853837458
• ISBN-13: 978-1853837456
• Product Dimensions: 8.2 x 6.2 x 1.2 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #6,367,805 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

4 of 6 people found the following review helpful:

5.0 out of 5 stars Wonderful Treatment of Important Subject, July 17, 2001

By 

Edward L Feinberg (Chappaqua, NY United States) - See all my reviews

This review is from: The New Economy of Oil: Impacts on Business, Geopolitics and Society (Hardcover)

This an excellent study that forms a viewpoint for evaluating the next 20 years of oil and related energy isssues. I'm currently involved in such a study and find the book to be fascinating reading and extremely helpful in framing the possibilities. The focus is on the next twenty years, starting with an evaluation of "conventional wisdom". It then surveys key interest areas: Oil Supply, Transportation, Natural Gas, Prices, Energy Security, and acceptability.

All of the surveys are of high quality - I particularly found myself attracted to the depth of treatment in the natural gas section, and balance in the view taken of acceptability of energy supply. Other topics also treated with great evenness are issues such as oil availability, competing technologies, competition within segments, security, global warming, and social impact. The book ends in an excellent discussion of challenges and choices.

I thank the authors for putting together this very informative and useful review of oil and energy. I also thank Amazon for making this book so available in a timely way.