OPEC in a Shale Oil World Where to Next? /

• Main Authors: Ramady, Mohamed (Author), Mahdi, Wael (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Edition: 1st ed. 2015.
• Subjects: Political economy.; Energy industries.; Economic policy.; Economics.; Economic Policy.; Energy Economics.; Political Economy.

RAMADy, Mahdi OPec in a sHALE  oil world –where to NEXT?   With PREFACE by Dr. Sadad Al Husseini , former Board Member and Executive Vice President , Saudi Aramco.   "OPEC has played an important role since its founding and continues to do so, but it has to recognize that this role has now chan...

Table of Contents:

• Introduction and Overview
• Part 1: A history of mistrust and struggle:
• Oil and geopolitics in the 1970s and 1980s
• OPEC and the Roaring 1990s
• The 2000s: The Boom and Bust Cycles
• Part 2: OPEC and the New Reality
• A false dawn: Myths and Realities of OPEC’s power
• Technology and non –conventional advances: the ever fading “ peak oil”
• Non- OPEC producers and the rise of the USA
• Facing realities: OPEC fiscal stress and break even pricing
• A new paradigm: Protecting market share?
• Environmental obligations and climate change politics
• Charting a new role:  avoiding the coming perfect storm
• Conclusions
• Bibliography
• Index.