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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Supply and Costs in the U.S. Petroleum Industry (Routledge Revivals): Two Econometric Studies

Supply and Costs in the U.S. Petroleum Industry (Routledge Revivals): Two Econometric Studies

Fisher, Franklin M.

Paperback

Series: Routledge Revivals

Business GeneralEnvironmental StudiesGeneral Science

ISBN10: 1138887323
ISBN13: 9781138887329
Publisher: Routledge
Published: Aug 3 2016
Pages: 194
Weight: 0.57
Height: 0.41 Width: 6.71 Depth: 9.61
Language: English

Any discussion of the various facets of petroleum policy in the United States rests to a greater or less extent on the issue of sensitivity of petroleum exploration, and hence of new petroleum discoveries to economic incentives. Indeed, a principle argument in favour of having a special petroleum policy at all is that domestic petroleum exploration is so sensitive to economic considerations that in the absence of special incentives exploration expenditures would sharply decrease, as would the amount of petroleum discovered; consequently, the nation's known oil resources would be reduced to an extent dangerous in the event of an international crisis.

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