Petropolitics
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Authors:
Winner of the 2014 Book of the Year Award from the Petroleum History Society!
The importance of energy to the functioning of any economy has meant that energy industries are amongst the most regulated of industries. What might appear to be purely private decisions are made within a complex and evolving web of government regulations.
Petropolitics: Petroleum Development, Markets and Regulations, Alberta as an Illustrative History provides an economic history of the petroleum industry in Alberta as well as a detailed analysis of the operation of the markets for Alberta oil and natural gas, and the main governmental regulations (apart from environmental regulations) faced by the industry. The tools used within this study are applicable to oil and gas industries throughout the world.
About Alan MacFadyen
ALAN J. MACFADYEN is Associate Professor Emeritus in the Department of Economics at the University of Calgary. In addition to initiating the energy economics program, he has authored numerous papers on energy and economics and has co-authored books on North American border issues and Alberta oil plays.
About G. Campbell Watkins
G. CAMPBELL WATKINS (1939-2005) was an adjunct professor of economics at the University of Calgary for twenty years. He went on to provide consulting services to a number of organizations worldwide and was recognized as an expert in energy policy and the application of economic analysis and statistical tools to the problems of the energy industry.
Table of Contents
| Cover | 1 |
|---|---|
| Series Page | 3 |
| Full Title Page | 4 |
| Copyright Page | 5 |
| Dedication | 6 |
| Table of Contents | 8 |
| List of Tables | 14 |
| List of Figures and Maps | 16 |
| Acknowlegments | 18 |
| Units and Abbreviations | 20 |
| Part One: Overview | 22 |
| 1: Petroleum and the Petroleum Industry:What Are They? | 24 |
| 2: An Overview of the Alberta Petroleum Industry | 40 |
| 3: Alberta and World Petroleum Markets | 56 |
| 4: Economic Analysis and Petroleum Production | 74 |
| Part Two: Overview | 102 |
| 5: Alberta’s Conventional Oil Resources | 104 |
| 6: Crude Oil Output and Pricing | 124 |
| 7: Non-Conventional Oil: Oil Sands and Heavy Oil | 162 |
| 8: The Supply of Alberta Crude Oil | 192 |
| Part Three: Overview | 242 |
| 9: Government Regulation: Trade and Price Controls | 244 |
| 10: Government Controls on the Petroleum Industry:Oil Prorationing | 290 |
| 11: Economic Rent and Fiscal Regimes | 310 |
| Part Four: Overview | 370 |
| 12: The Alberta Natural Gas Industry: Pricing,Markets, and Government Regulations | 372 |
| 13: The Petroleum Industry and the Alberta Economy | 428 |
| 14: Lessons from the Alberta Experience | 472 |
| Notes and References | 484 |
| Index | 500 |
| Back Cover | 514 |
Book details
- Publisher
- University Of Calgary Press
- Collection
- Energy, Ecology and the Environment
- Categories
- Fossil Fuels, Canada, Energy
- Published
- March 2014
- Pages
- 512
- Chapters
- 31
- Language
- English
- ISBN PDF
- 9781552385418