By C. van der Linde
Writing this booklet might were very unlikely with no assistance from convinced associations and individuals. For a gas-producing and oil-processing nation just like the Netherlands, there has been unusually little or no, publicly on hand, examine fabric. Public libraries' collections contained, with a undeniable measure of inconsistency, little of the extra specialized assets. i might accordingly prefer to convey my gratitude in the direction of Royal Dutch Shell, and particularly the library employees within the Hague, for permitting me to exploit the company's library, thanking them for his or her tips find and providing the mandatory info. i'm additionally thankful for the monetary advice of the 'Nederlandse organisatie voor wetenschappelijk onderzoek' (NWO) and the school of legislations of the collage of Leiden. They supplied the monetary ability to paintings a (crucial) month within the rather well built library of the Oxford Institute for power stories. i'm indebted to the workers of the Oxford Institute for power experiences, and especially to Robert Mabro and Jeremy Turk, for his or her reviews, aid, and friendship. After I spent a month within the Institute in July 1989, i used to be capable of go back for 2 five-month sessions in 1990 and 1991. For either classes, the Oxford Institute and the Leiden legislations college supplied me with the required capacity. i might additionally prefer to convey designated gratitude to a couple those that were an exceptional help and provided me with invaluable reviews at numerous phases of the study.
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Extra resources for Dynamic International Oil Markets: Oil Market Developments and Structure 1860–1990
In the case of Iraq, the British and French governments determined that the exploration and production rights should fall to companies from their own countries. The Iraq Petroleum Company was a joint-venture between these European oil companies. Diplomatic pressure from the US government on the British government ensured the participation of some American oil companies. Once the large companies had obtained and developed them, the enormous size of the concessions in the Middle East created substantial 15 Oil price and production decisions, however, have to take competition from other fuels and final products into account.
This proportion of fixed and variable cost provides a set of circumstances characteristic not only of the production side of the industry, but also of some of its later phases. • This citation is from P. Frankel, Essentials of Petroleum: A Key to Oil Economics, Chapman & Hall, London 1946; 2nd edition: Frank Cass & Co. , London, 1969, reprinted in: I. 3. l. W. 149. B. Levy, World oil marketing in transition, in: International Organization, Winter 1982, volume 36, no. ll5. 74 30 Dynamic International Oil Markets level, and left only slim profit margins on refining.
The states had to deplete their dollar reserves to pay for their increasing energy needs which could not be met by the local coal production.