Money, management, molecules

Article Abstract:

Answers to the questions of the world's oil supply, prices, and production are complex, because oil reserves count only hydrocarbon molecules that can be economically extracted. As the production of oil becomes more difficult, oil prices will rise and petroleum companies will develop new sources of supply. Since about 40% of oil consumption worldwide is used for non-transportation purposes, other sources of energy can be used by those sectors.

Economic aspects, Petroleum industry, Petroleum reserves

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Accidents will happen

Article Abstract:

Organization for Economic Co-operation and Development (OECD) states promote a liberalizing agenda for investment that reflects the principles of globalization rather than the political realities of the oil export-dependent countries. The broader forums of sustainable development discussions multilateral agreements do not address the sector specific features of the international oil and gas countries and businesses.

Commodity & service prices, Prices and rates, Powers and duties, Organization for Economic Cooperation and Development, Company pricing policy

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Turning the world upside down

Article Abstract:

Oil is a finite resource as studies show that production begins to drop off significantly as a field reaches about half its productive capacity. Oil makes up around 35 percent of global energy supply and natural gas another 22 percent so within one or two decades, one-third of the world's present energy supply would be in decline.

United States, Forecasts, trends, outlooks, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Energy Supply, Energy Supply Programs-Oil, Forecasts and trends, Market trend/market analysis, Energy consumption

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