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Oil scarcity: What have the past three decades revealed?


  • Watkins, G.C.


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  • Watkins, G.C., 2006. "Oil scarcity: What have the past three decades revealed?," Energy Policy, Elsevier, vol. 34(5), pages 508-514, March.
  • Handle: RePEc:eee:enepol:v:34:y:2006:i:5:p:508-514

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    References listed on IDEAS

    1. G. C. Watkins, 1992. "The Hotelling Principle: Autobahn or Cul de Sac?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 1-24.
    2. Adelman, M A, 1990. "Mineral Depletion, with Special Reference to Petroleum," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 1-10, February.
    3. Cutter J. Cleveland & Robert K. Kaufmann, 1991. "Forecasting Ultimate Oil Recovery and Its Rate of Production: Incorporating Economic Forces into the Models of M. King Hubbert," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 17-46.
    4. Jeffrey A. Krautkraemer, 1998. "Nonrenewable Resource Scarcity," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 2065-2107, December.
    5. Watkins, G. C. & Streifel, Shane S., 1998. "World crude oil supply: Evidence from estimating supply functions by country," Journal of Energy Finance & Development, Elsevier, vol. 3(1), pages 23-48.
    6. Lynch, Michael C., 2002. "Forecasting oil supply: theory and practice," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(2), pages 373-389.
    7. Smith, James L. & Paddock, James L., 1984. "Regional modelling of oil discovery and production," Energy Economics, Elsevier, vol. 6(1), pages 5-13, January.
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    Cited by:

    1. Hernando Zuleta, 2008. "Energy Saving Innovations, Non-Exhaustible Sources of Energy and Long-Run: What Would Happen if we Run Out of Oil?," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO, November.
    2. Antonio RIBBA, "undated". "Sources of Unemployment Fluctuations in the USA and in the Euro Area in the Last Decade," EcoMod2010 259600141, EcoMod.
    3. Mohn, Klaus, 2009. "Elastic Oil. A primer on the economics of exploration and production," UiS Working Papers in Economics and Finance 2009/10, University of Stavanger.
    4. Strakos, Joshua K. & Quintanilla, Jose A. & Huscroft, Joseph R., 2016. "Department of Defense energy policy and research: A framework to support strategy," Energy Policy, Elsevier, vol. 92(C), pages 83-91.
    5. Watson, Jim & Scott, Alister, 2009. "New nuclear power in the UK: A strategy for energy security?," Energy Policy, Elsevier, vol. 37(12), pages 5094-5104, December.
    6. Karanfil, Fatih & Omgba, Luc Désiré, 2017. "Reconsidering the scarcity factor in the dynamics of oil markets: An empirical investigation of the (mis)measurement of oil reserves," Energy, Elsevier, vol. 137(C), pages 209-218.
    7. Jakobsson, Kristofer & Bentley, Roger & Söderbergh, Bengt & Aleklett, Kjell, 2012. "The end of cheap oil: Bottom-up economic and geologic modeling of aggregate oil production curves," Energy Policy, Elsevier, vol. 41(C), pages 860-870.
    8. Verbruggen, Aviel & Al Marchohi, Mohamed, 2010. "Views on peak oil and its relation to climate change policy," Energy Policy, Elsevier, vol. 38(10), pages 5572-5581, October.
    9. Speirs, Jamie & McGlade, Christophe & Slade, Raphael, 2015. "Uncertainty in the availability of natural resources: Fossil fuels, critical metals and biomass," Energy Policy, Elsevier, vol. 87(C), pages 654-664.
    10. Schilling, Markus & Chiang, Lichun, 2011. "The effect of natural resources on a sustainable development policy: The approach of non-sustainable externalities," Energy Policy, Elsevier, vol. 39(2), pages 990-998, February.
    11. Sena, Marcelo Fonseca Monteiro de & Rosa, Luiz Pinguelli & Szklo, Alexandre, 2013. "Will Venezuelan extra-heavy oil be a significant source of petroleum in the next decades?," Energy Policy, Elsevier, vol. 61(C), pages 51-59.
    12. Bentley, Roger & Bentley, Yongmei, 2015. "Explaining the price of oil 1971–2014 : The need to use reliable data on oil discovery and to account for ‘mid-point’ peak," Energy Policy, Elsevier, vol. 86(C), pages 880-890.
    13. Julien-Joern Mueller & Liam Wagner, 2013. "The Devil’s Tears from the Tournament of Shadows: Oil Supply, Markets and Unstable Producers," Energy Economics and Management Group Working Papers 5-2013, School of Economics, University of Queensland, Australia.
    14. Reynolds, Douglas B. & Baek, Jungho, 2012. "Much ado about Hotelling: Beware the ides of Hubbert," Energy Economics, Elsevier, vol. 34(1), pages 162-170.
    15. Meng, Q.Y. & Bentley, R.W., 2008. "Global oil peaking: Responding to the case for ‘abundant supplies of oil’," Energy, Elsevier, vol. 33(8), pages 1179-1184.
    16. McGlade, C.E., 2012. "A review of the uncertainties in estimates of global oil resources," Energy, Elsevier, vol. 47(1), pages 262-270.
    17. Jakobsson, Kristofer & Söderbergh, Bengt & Höök, Mikael & Aleklett, Kjell, 2009. "How reasonable are oil production scenarios from public agencies?," Energy Policy, Elsevier, vol. 37(11), pages 4809-4818, November.
    18. Wolf, C, 2008. "Does Ownership Matter? The Performance and Efficiency of State Oil vs. Private Oil (1987-2006)," Cambridge Working Papers in Economics 0828, Faculty of Economics, University of Cambridge.
    19. repec:bla:acctfi:v:57:y:2017:i:2:p:511-531 is not listed on IDEAS
    20. repec:ura:ecregj:v:1:y:2017:i:2:p:628-640 is not listed on IDEAS
    21. Fantazzini, Dean & Höök, Mikael & Angelantoni, André, 2011. "Global oil risks in the early 21st century," Energy Policy, Elsevier, vol. 39(12), pages 7865-7873.
    22. repec:eee:energy:v:140:y:2017:i:p1:p:1276-1291 is not listed on IDEAS
    23. repec:eee:eneeco:v:65:y:2017:i:c:p:16-31 is not listed on IDEAS
    24. Wittmann, Nadine, 2013. "OPEC: How to transition from black to green gold," Energy Policy, Elsevier, vol. 62(C), pages 959-965.
    25. Bentley, R.W. & Mannan, S.A. & Wheeler, S.J., 2007. "Assessing the date of the global oil peak: The need to use 2P reserves," Energy Policy, Elsevier, vol. 35(12), pages 6364-6382, December.

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