World Energy Balance Outlook and OPEC Production Capacity: Implications for Global Oil Security
نویسندگان
چکیده
منابع مشابه
Historical and Variance Decomposition for Oil Price, Oil Consumption, OPEC and Non-OPEC Oil Production
Abstract I n this paper, the behavior of the real oil price and OPEC and non-OPEC oil production during 1973-2013 are modelled. Interactions among OPEC, non-OPEC oil production, global oil consumption, and the real price of crude oil are estimated using a Structural VAR model (SVAR). After providing evidence for the structural breaks in oil price in 1996, the results indicate that, ac...
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Differen world energy outlook with different horizons (2035, 2040 and 2050) show that demand for primary energy will increase. The energymix in 2050 will mainly be fossil based although the share of theses fuels will decrease. Accorging to some forecasts, energy consumption will increase more than 50 percent during next 30 years which most of this growth belongs to non-OECD countries. In supply...
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We estimate models that identify the economic and organizational determinants of crude oil production by individual OPEC nations. To clarify the interpretation of econometric results, we model production with specifications that resolve the statistical ordering of variables and estimate models with techniques that can cope with stochastic trends in the time series. We also analyze the short-run...
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ژورنال
عنوان ژورنال: Energies
سال: 2012
ISSN: 1996-1073
DOI: 10.3390/en5082626