An Economic Analysis of Petroleum and Military Security in the Persian Gulf.
| dc.creator | Chapman, Duane | |
| dc.creator | Khanna, Neha | |
| dc.date | 2017-04-01T20:14:42Z | |
| dc.date.accessioned | 2026-07-09T05:56:57Z | |
| dc.description | Geologic estimates ofremainingglobalpetroleum resourcesplace about 50% in the Persian Gulf. Production costs are estimated at $5 per barrel there, and $15 per barrel in the North Sea andAlaska. Using mathematical methods derivedfrom depletion theory, the present valueofeconomicrentfromoilisontheorder of$20trillion. Gametheoryisutilizedtoexplain the $15-$20 per barrel price band that eXistedfrom 1986 to 1999; new economicforces may displace this stable pattern. International trade in petroleum and conventional weapons are analyzedwitheconometricmethods; theoccurrence ofnuclearweaponscapabilityisexplored | |
| dc.identifier | doi:10.22004/ag.econ.121157 | |
| dc.identifier | https://ageconsearch.umn.edu/record/121157/files/Cornell%20SP%2099-05.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/121157 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/570410 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/121157 | |
| dc.title | An Economic Analysis of Petroleum and Military Security in the Persian Gulf. | |
| dc.type | Text |