Cartelized Oil Market with Alternative Energy Supply

cartelized oil market with alternative energy supply

this paper presents an oil price cartel model. the aggregate reaction functions for non-cartel producers and for substitute suppliers are included. the former group acts as a price-taker, while the latter expects oil prices in production of its non-oil energy resources. this expectation about prices affects a cartel’s oil demand and, thus, gives intertemporal price elasticities it turns out tha...

the causality of crude oil price and alternative energy supply (toda and yamamoto test)

as a result of higher crude oil prices, in one hand, it is expected that alternative energy resources consumption is increased and consumers change their behavior to decline energy intensity too. on the other hand, more alternative energy consumption can leads to a decline of crude oil aggregate demand. therefore, existence of mutual causality between crude oil price and alternative energy cons...

the caspian sea s role in energy supply to china

چکیده ندارد.

Alternative energy supply system to a rural village in Ethiopia

Background: Most households in rural developing countries do not have access to modern energy supply. Household level biogas energy was considered as an option but failed due to lack of sufficient resources for its installation and operation. A community energy system can be an option, but most studies focused on off-grid electricity. This energy system cannot be a realistic option particularly...

“Estimating Supply and Demand in the World Oil Market,” The Journal of Energy and Development, volume 34, number 1

Alternative Energy Sources Beyond Oil and Gas: The Methanol Economy**

Oil and natural gas together with coal, the main fossil fuels, not only remain our major energy sources but they are also the feedstocks for a great variety of manmade materials and products that range from gasoline and diesel oil to varied petrochemical and chemical products, including synthetic materials, plastics, and pharmaceuticals. What nature gave us as a gift, formed over the course of ...