OPEC : The Failing Giant / Mohammed E. Ahrari.

Format:

Book

Author/Creator:

Ahrari, Mohammed E.

Language:

English

Subjects (All):

Petroleum industry and trade.

Organization of Petroleum Exporting Countries.

Genre:

Electronic books.

Physical Description:

1 online resource (274 p.)

Edition:

1st ed.

Other Title:

O.P.E.C.

Place of Publication:

Lexington, Kentucky : The University Press of Kentucky, 1986.

Language Note:

English

Summary:

A glut of oil, dropping prices, the threat of insolvency, a divided membership -- these developments in the early weeks of 1985 underline the cogency of Mohammed Ahrari's historical study of the OPEC oil cartel and his argument that economic forces, not politics, determine OPEC's action in the world arena.The impetus for the formation of OPEC in 1960 was the desire of the oil-producing states for greater income from their most valuable resource. The international oil corporations had secured lucrative concessions early in this century, and in the 1960s they still dictated both the terms of pro

Contents:

Cover; Half-title; Title; Copyright; Dedication; Contents; List of Tables and Figures; Abbreviations Used; Acknowledgments; 1. Introduction; The Analytic Approach; Bargaining in Oil Affairs; The Oil Companies and the Host Countries; The Oil Companies and the Oil States; Plan of the Book; 2. The Uncertainties of the Buyers' Market; The Genesis of OPEC; The Institutional and Behavioral Setting; The Initial Challenge; 3. The Making of the Sellers' Market; The Price Negotiations; 4. The World on a Roller Coaster; The Price Negotiations; The Whirlwinds of the Sellers' Market

The Participation Agreements5. The Oil Embargo; Background; Imposing the Embargo; 6. Toward an Uncertain Future; The Two-Tier Pricing Agreement; The Calm before the Iranian Turmoil; The Iranian Oil Shortfall; A Continued Drift; OPEC's Widening Window of Vulnerability; Intra-OPEC Tensions; 7. Epilogue; Appendix: Statistical Tables; Glossary; Chronology of Oil-Related Events, 1960-1985; Notes; Index

Notes:

Includes index.

Bibliography: p. [232]-249.

Description based on print version record.

ISBN:

9780813156651

0813156653

OCLC:

903961863