The Changing Structure of the World Oil Industry Routledge Library Editions: Energy Economics Series

Originally published in 1985 by a group of international experts and oil industry officials, this book surveys the dramatic changes which took place in the oil industry in the second half of the twentieth century. It discusses the role of OPEC and the long term impact its decisions had for both producers and oil consumers and examines possible future trends in the oil industry structure and stability, together with the possible consequences for North Sea oil and gas development.

1. The Oil Industry: Some Personal Recollections and Opinions 2. A Survey of Structural Change in the International Oil Industry 1945-1984 3. Standing the Test of Time 4. Government Sellers in a Restructured Crude Oil Market 5. OPEC and Structural Change 6. Downstream Implications of Structural Change 7. Structure, Stability and Policy - Panel Discussion 8. Survey of Oil Price Expectations