Now showing items 11-13 of 13
The first oil price explosion 1971-1974
(MIT Center for Energy and Environmental Policy Research, 1990)
The 1970 price of Saudi Light crude was $1.21, of which 89 cents was excise tax. By end-1974, the price was about $11, of which 30-50 cents was a fee paid to the former owners, now operators. The detailed history of the ...
Costs of aggregate hydrocarbon reserve additions
(MIT Center for Energy and Environmental Policy Research, 2002)
In what follows, we highlight problems created by aggregation using fixed conversion coefficients (Section 1). We then offer an economic index approach as an alternative, one that recognizes changing relative values of oil ...
A review of Oil production capacity expansion costs for the Persian Gulf
(MIT Center for Energy and Environmental Policy Research, 1996)
The U.S. Energy Information Agency has recently published a report prepared by Petroconsultants, Inc. that addresses the cost of expanding crude oil production capacity in the Persian Gulf. A study on this subject is much ...