Modelling World Oil Supply *

NOTE: periodicals have been cited by month-day-year:page

[Adelman 1966] Adelman M. A. , “Oil Production Costs in Four Areas,” Proceedings of the Council on Economics of the AIME 1966 [American Institute of Mining Metallurgical and Petroleum Engineers].

[Adelman 1978] Adelman M. A. , “Constraints on the World Oil Monopoly Price,” Resources and Energy, vol. 1, pp. 3-19.

[Adelman 1986a] Adelman M. A. , “Oil Producing Countries’ Discount Rates,” Resources &Energy, vol. 8, pp. 309-329.

[Adelman 1986b] Adelman M. A. , “The Competitive Floor to World Oil Prices,” The Energy Journal, vol. 7, pp. 9-35.

[Adelman 1989] Adelman M. A. , “Offshore Norwegian Development Cost Calculated From Project Data,” Energy Exploration &Exploitation, vol. 7, no. 1, pp. 53-62.

[Adelman 1990] Adelman M. A. , “Mineral Depletion, With Special Reference to Petroleum,” Review of Economics &Statistics, vol. 72, pp. 1-10.

[Adelman 1992a] Adelman M. A. , “Finding and Developing Costs in the United States 1945-1986,” Advances in the Economics of Energy and Resources, vol. 7, pp. 11-58 (Greenwich, Conn.: JAI Press).

[Adelman 1992b] Adelman M. A. , “OPEC at High Noon,” MIT Center for Energy and Environmental Policy Research, MIT CEEPR 92-003WP.

[Adelman &Lynch 1986] Adelman M. A. Lynch Michael C. , “Natural Gas Trade in Western Europe: the Permanent Surplus,” in M. I. T. Center for Energy Policy Research, Western Europe Natural Gas Trade (December 1986).

[Adelman &Ward 1980] Adelman M. A. Ward and Geoffrey , “Worldwide Production Costs for Oil and Gas,” Advances in the Economics of Energy and Resources, J.R. Moroney, ed., vol. 3 (Greenwich, Conn.: JAI Press).

[Arrow 1987] Arrow Kenneth , “Hotelling”, In Eatwell John Milgate Murray Newman Peter , The New Palgrave: a Dictionary of Economics (London: Macmillan Press).

[Adelman &Watkins 1992] Arrow Kenneth Campbell Watkins G. , “Reserve Asset Values and the ‘Hotelling Valuation Principle’,” Working Paper No. MIT-CEEPR-92-004WP.

[API et al 1990] American Petroleum Institute , Joint Association Survey on Drilling Costs, Table 4.

[Askari 1991] Askari Hossein , Saudi Arabia’s Economy: Oil and the Search for Economic Development (Greenwich, Conn.: JAI Press).

[Cleveland 1991] Cleveland Cutler J. , “Physical and Economic Aspects of Resource Quality: the cost of oil supply in the lower 48 United States 1936-1988,” Resources &Energy, vol. 13 (1991) 163-188.

[Bradley 1987] Bradley Howard B. , editor-in-chief, Petroleum Engineering Handbook (Richardson, Texas: Society of Petroleum Engineers).

[Curcio 1989] Edgardo Curcio AGIP , “Oil Supply Prospects in 1990s from Non-OPEC Producing Countries,” Energy Supply in the 1990s and Beyond: Proceedings of the Eleventh Annual International Conference (International Association for Energy Economics: Caracas, June 26, 1989] pp. 101-110.

[Das Gupta and Heal 1979] Das Gupta Partha Heal Geoffrey M. , Economic Theory and Exhaustible Resources (Cambridge University Press).

[Ebinger 1982] Ebinger Charles K. , Energy and National Security in the 1980s, with an introduction by Henry A. Kissinger (Cambridge, Mass.: Ballinger).

[Economist] The Economist, weekly.

[DOE/EIA 1989] Energy Information Administration, International Energy Outlook 1989: Projections to 2000 (Washington 1989).

[DOE/EIA 1990] Energy Information Administration , U.S. Oil and Gas Reserves by Year of Field Discovery (Washington 1990)

[GER 1992] Global Energy Report , issued quarterly by Center for Global Energy Studies (London)

[Harding 1991] , D.C. Harding talk to Institute of Petroleum, London, April 1991

[Hartwick 1991] Hartwick John M. , “The non-renewable resource exploring-extracting firm and the r% rule,” Resources &Energy, vol. 13 (1991) pp. 129-143.

[Hogan 1989] Hogan William W. , World Oil Price Projections: A Sensitivity Analysis (Cambridge, Mass.: Harvard Energy and Environmental Policy Center, 1989).

[Hotelling 1931] Hotelling Harold , “The Economics of Exhaustible Resources,” Journal of Political Economy, vol. 39, pp. 137-175.

[IPAA] Independent Petroleum Association of America, twice-yearly Reports of the Cost Study Committee (Washington: IPAA, 1963-date).

[Jaidah 1988] Jaidah Ali , “Oil Pricing: a Role in Search of an Actor,” paper at Oxford Energy Seminar, reprinted as Special Supplement to PIW 9-12-88.

[Kemp 1987] Alexander Kemp (with postscript by Campbell Watkins), Petroleum Rent Collection Around the World (Halifax, Nova Scotia: The Institute for Research on Public Policy).

[Kemp Reading Kemp&Macdonald 1992] Alexander G. Reading David Macdonald Bruce , The Effects of the Fiscal Terms Applied to Offshore Petroleum Exploitation of New Fields: a Comparative Study of [Ten Countries] North Sea Study Occasional Paper No. 37. Department of Economics, University of Aberdeen, April 1992.

[Lund 1992] Diderik Lund, “Petroleum taxation under uncertainty: contingent claims analysis with an application to Norway”, Energy Economics, vol. 14, No. 1, January, pp. 23-31.

[Lynch 1990] Michael C. Lynch, “An Omitted Variable in OECD Oil Supply Forecasting,” Proceedings of the Twelfth Annual North American Conference of the International Association for Energy Economics (Toronto, October 1990), pp. 206-214.

[Mattione 1985] Richard P. Mattione, OPEC’s Investment &the International Financial System (Washington: Brookings, 1985).

Miller M. H. Upton C. W. [1985a] “A Test of the Hotelling Valuation Principle,” Journal of Political Economy, 93(1).

Miller M. A. Upton C. W. [1985b] “The Pricing of Oil and Gas: Some Further Results,” Journal of Finance, 40(3).

[Nehring 1981] Richard Nehring, The Discovery of Significant Oil and Gas Fields in the United States (Santa Monica: The Rand Corporation).

[NRC 1985] National Research Council , Panel on Statistics on Natural Gas, Natural Gas Data Needs in a Changing Regulatory Environment (Washington: National Academy Press 1985)

[NYT] New York Times .

[OGJ-RF] Oil &Gas Journal , “Review &Forecast,” annual issue.

[OGJ-WWO] Oil &Gas Journal , “World Wide Oil,” annual issue.

[OGJ 1990] David A. Wood (of International Petroleum Corp.) “Appraisal of economic performance of global exploration contracts,” Oil &Gas Journal, 10-29-90:48.

[PE] Petroleum Economist , monthly, previously named Petroleum Press Service

[PIW] Petroleum Intelligence Weekly .

[PPS] See PE, above.

[Storting 1989] Kingdom of Norway , Ministry of Finance. Report No. 4 to the Storting:Norwegian Long-Term Program 1990-1993 (Oslo, 1989).

[USGS 1987] US Geological Survey , “World Resources of Crude Oil...,” paper at World Petroleum Congress 1987.

[Watkins 1992] Watkins, G. C. “The Hotelling Principle: Autobahn or Cul de Sac?,” The Energy Journal, 13 (1): 1-24.

[Wood 1989] David O. Wood, “Can We Model World Oil Markets?,” paper at Workshop of the Center of Applied Research and the Central Bureau of Statistics of Norway, given June 8, 1989.

[World Bank 1988] World Bank, World Development Report (Washington: 1988).

[World Bank 1989] World Petroleum Markets: a Framework for Reliable Projections by The Petroleum Finance Company Ltd. World Bank Technical Paper No. 92. Washington, D.C.: The World Bank, 1988

[WSJ] Wall Street Journal .