Environmental Economics, Economics, Alternative & Renewable, Fossil Fuels, Technology, Environmental Policy 

The global oil industry is an exceptionally complex one, and its importance to governments, business and society as a whole is immense. . .The New Economy of Oil aims to set out the challenges and choices ahead, and it makes a fascinating read.' Business News'John Mitchell, in this excellent book, is looking at the new elements which may influence, or indeed determine, the shape of the oil industry, the behaviour of the main actors, the forces of supply and demand, and the price path.'From the Foreword by Robert Mabro, Director, Oxford Institute for Energy Studies'The New Economy of Oil is a superior, state-of-the-art tour of a conventional scenario about the near future of the world's oil and oil economy and polity.'Society and Natural ResourcesIn a world where international accountability is increasingly important, the oil industry faces an unprecedented series of challenges. Mitchell's main theme is that the acceptability of oil is becoming more important than its availability. The implications are enormous, given the huge current dependence on oil of so much industry and government revenue. This book is of importance to all those involved with oil - from industry professionals to competitors, commentators, investors, managers, politicians and regulators. 

The global oil industry is an exceptionally complex one, and its importance to governments, business and society as a whole is immense. . .The New Economy of Oil aims to set out the challenges and choices ahead, and it makes a fascinating read.' Business News'John Mitchell, in this excellent book, is looking at the new elements which may influence, or indeed determine, the shape of the oil industry, the behaviour of the main actors, the forces of supply and demand, and the price path.'From the Foreword by Robert Mabro, Director, Oxford Institute for Energy Studies'The New Economy of Oil is a superior, state-of-the-art tour of a conventional scenario about the near future of the world's oil and oil economy and polity.'Society and Natural ResourcesIn a world where international accountability is increasingly important, the oil industry faces an unprecedented series of challenges. Mitchell's main theme is that the acceptability of oil is becoming more important than its availability. The implications are enormous, given the huge current dependence on oil of so much industry and government revenue. This book is of importance to all those involved with oil - from industry professionals to competitors, commentators, investors, managers, politicians and regulators. - from Amzon 

CONTENS
1. Overview…………………………………………………………………………………………….....p. 1
2. The Conventional Vision……………………………………………………………………...…p.3
The Environmental Starting Point: energy and GDP…………………….……P 13
Sector Demand…………………………………………………………………………………….p.14
Projections…………………………………………………………………………………………..p.14
Regional Differences…………………………………………………………………………….p.16
Fuel Mix………………………………………………………………………………………………..P.16
Sector use: the Electricity Conveyor…………………………………………………….p.19
New market Structures for electricity………………………………………………….p. 22
The Conventional vision for Electricity………………………………………………….p.23
Other sector………………………………………………………………………………………....p.24
Energy Prices: difficult theory, Poor data…………………………………………….p.25
Oil Prices: No longer in the lead…………………………………………………………..p. 28
Prices and Market Share……………………………………………………………………….p 29
Gas and Coal Prices……………………………………………………………………………….p 32
Conclusion: Conventional Vision and Problem………………………………………P 33
2. Oil Supply…………………………………………………………………………………………....……P 36
Introduction: the Future of Oil Supply………………………………………………….P.36
The receives debate: half full or half empty………………………………………….P 37
Underlying Issues and Uncertainties…………………………………………………...p 47
Unconventional Oil………………………………………………………………………………..P 52
Policy Matters………………………………………………………………………………........P 55
Conclusion……………………………………………………………………………………...……p.58
4. Transport in Transition…………………………………………………………………....……P 61
Demand for Transport Fuel………………………………………………………………...p 62
Transport Demand…………………………………………………………………………......P 66
Clean air and GHG emissions………………………………………………………..…….p 67
New policy Compromises………………………………………………………………...….p 70
Technological Development…………………………………………………………...…..p 74
Policies to promote modal change…………………………………………………..….p 77
Developing Countries: the case of Korea…………………………………….……..p 79
Air Transport…………………………………………………………………………….....……..p 81
Preparing for change…………………………………………………………………...……..p 82
5. Gas for Oil market……………………………………………………………………......………p 84
Introduction………………………………………………………………………………….....….p 84
Resources and Reserves………………………………………………………………....….p 88
Natural gas demand for 2020……………………………………………………….......p 91
Natural Gas Prices……………………………………………………………………….....……p 96
Market Overview by region……………………………………………………….....…….p 99
Country Examples……………………………………………………………………......…….p 108
Critical Questions for Gas and Oil market……………………….....………………p 114
Conclusion………………………………………………………………………………......……..p 122
6. Oil prices: the elastic band……………………………………………………….......……..p 131
The Oil price epic…………………………………………………………………….......………p 132
Market Structure changes………………………………………………………......………p 142
Theory …………………………………………………………………………………….....……….p 146
Institutional Context…………………………………………………………….....………….p 158
Prices in the new economy of Oil…………………………………………….....……..P 166
7. Energy Security ……………………………………………………………………….........…….p 176
Oil now and in 1973…………………………………………………………………........……p 178
The changing role of government in the global economy………….....……p 181
The geopolitical context………………………………………….......………………………p 183
Objectives of energy security……………………….……….....………………………..p 197
Managing energy security risks……………………………………....………………….p 202
Summary……………………………………………………………………………………........…p 207
8. Acceptability: Stretching the limit………………………………………….......……….p 209
Acceptability begins at home………………………………………………………......….p 210
The world pushing at the door……………………………………………………….....…p 216
The social acceptability of Oil………………………………………………………....……p 239
9. Challenges and Choices…………………………………………………………………........p 252
Questions of Availability…………………………………………………………………....…p 253
New Questions of acceptability……………………………………………………...…….p 260
Strategies and Risks………………………………………………………………………….….p 270
Conclusion…………………………………………………………………………………………..…p 279