IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/4898.html
   My bibliography  Save this paper

Do not ask what you can do for the oil industry but what can oil indutry do for you

Author

Listed:
  • Paunić, Alida

Abstract

Strong more than doubled crude oil price rise from 2002 to 2007 brought significant profits to oil companies worldwide. Rising revenues, profits and increasing shareholders wealth are consequence of this favorable situation. Being non renewable resource, unequally distributed, responsible for many crises, wars, environmental pollutions, weapon trading, GDP fall, rising unemployment, interest rates and reaching its peak production point in the world of increasing gasoline demand, higher environmentally standards, global worming, natural catastrophes, constrained refining capacity forces us to ask: is the rising wealth to small number of shareholders only we should expect? Paper examines oil companies and their contribution to promote social developments, clean energy, behave as good tax subject , closely work with government and various institutions to advance environmentally friendly world.

Suggested Citation

  • Paunić, Alida, 2005. "Do not ask what you can do for the oil industry but what can oil indutry do for you," MPRA Paper 4898, University Library of Munich, Germany, revised Aug 2007.
    • Handle: RePEc:pra:mprapa:4898
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/4898/1/MPRA_paper_4898.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    energy; oil; non renewable;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:4898. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.