AN ECONOMIC ANALYSIS OF ASPECTS OF PETROLEUM AND MILITARY SECURITY IN THE PERSIAN GULF

dc.creatorChapman, Duane
dc.creatorKhanna, Neha
dc.date2017-04-01T20:07:02Z
dc.date.accessioned2026-07-09T02:49:58Z
dc.descriptionGeologic estimates of remaining global petroleum resources place about 50% in the Persian Gulf. Production costs are estimated at $5 per barrel there, and $15 per barrel in the North Sea and Alaska. Using mathematical methods derived from depletion theory is utilized to explain the $15-$20 per barrel price band that existed from 1986 to 1999. New economic forces have displaced this previously stable pattern; a new price range of $22-to $28 may be emerging. International trade in petroleum and conventional weapons are analyzed with econometric methods; the occurrence of nuclear weapons capability in the Persian Gulf region is explored.
dc.identifierdoi:10.22004/ag.econ.7229
dc.identifierhttps://ageconsearch.umn.edu/record/7229/files/wp000007.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/7229
dc.identifier.urihttp://hdl.handle.net/123456789/520953
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/7229
dc.titleAN ECONOMIC ANALYSIS OF ASPECTS OF PETROLEUM AND MILITARY SECURITY IN THE PERSIAN GULF
dc.typeText

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