The Vega factor : oil volatility and the next global crisis / Kent Moors.

Format:

Book

Author/Creator:

Moors, Kent F.

Series:

THEi Wiley ebooks.

THEi Wiley ebooks

Language:

English

Subjects (All):

Petroleum products--Prices.

Petroleum products.

Petroleum industry and trade.

Petroleum reserves--Political aspects.

Petroleum reserves.

Physical Description:

1 online resource (445 p.)

Edition:

1st ed.

Place of Publication:

Hoboken, New Jersey : Wiley, 2011.

Language Note:

English

System Details:

Access using campus network via VPN at home (THEi Users Only).

Summary:

"How oil volatility is affecting the global political scene, and where the oil market is heading The world is rapidly moving towards an oil environment defined by volatility. The Vega Factor: Oil Volatility and the Next Global Crisis takes an in-depth look at the most important topics in the industry, including strategic risk, why traditional pricing mechanisms will no longer govern the market, and how the current government approaches have only worsened an already bad situation. Details the industry's players, including companies, traders, and governments Describes the priorities that will need to be revised, and the policies needed to achieve stability Explains how today's oil market is fundamentally different from the pre-crisis market Oil prices affect everyone. The Vega Factor explains the new international oil environment of increasing consolidation and decreasing competition, and reveals how consumers and investors can navigate price volatility and new government policies"-- Provided by publisher.

Contents:

The Vega Factor: Oil Volatility and the Next Global Crisis; Contents; Preface; Chapter 1: The Meaning of Oil Vega; Chapter 2: How Oil Volatility Relates to Strategic Risk; Chapter 3: Determining Oil Prices; Chapter 4: Dollars, Credit, Financial Crises, . . . and the Oil Connection; Chapter 5: Oil Companies and the Upstream/Downstream Tradeoff; Chapter 6: How Government Action Increases Volatility; Chapter 7: Is There a Response?; Appendix A: World Proved Oil Reserves (Billion Barrels); Appendix B: Exxon CARM per Gallon (January 3, 2000 to December 31, 2007)

Appendix C: Exxon ARM per Gallon (January 3, 2000 to December 31, 2007)Appendix D: Shell CARM per Gallon (January 3, 2000 to December 31, 2007); Appendix E: Shell ARM per Gallon (January 3, 2000 to December 31, 2007); Appendix F: BP CARM per Gallon (January 3, 2000 to December 31, 2007); Appendix G: BP ARM per Gallon (January 3, 2000 to December 31, 2007); Notes; About the Author; Index

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 305-420) and index.

ISBN:

9786613374776

9781118077092

1118077091

9781119200109

1119200105

9781283374774

1283374773

9781118077078

1118077075

OCLC:

757395426