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oil-price shock

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  • 1990 oil price shock — The 1990 oil price spike occurred in response to the Iraqi invasion of Kuwait on August 2, 1990.[1] Lasting only 9 months, the price shock was less extreme and of shorter duration than the previous oil crises of 1973 and 1979 1980, yet the rise… …   Wikipedia

  • Oil depletion — per major producing country. This model assumes world oil depletion remains constant at the 2004 level of 80 million barrels per day.[1] However, world oil depletion is currently (as of 2008) at 85 million barrels per day …   Wikipedia

  • Oil megaprojects — are large oil field projects. Contents 1 Summary of megaprojects 1.1 Megaprojects predicted for individual years 1.2 New supply addition per country from oil megaprojects …   Wikipedia

  • Shock (economics) — In economics a shock is an unexpected or unpredictable event that affects an economy, either positively or negatively. Resiliance to such events depends on general preparedness, economic policy, existing infrastructure and effective emergency… …   Wikipedia

  • Price/wage spiral — In macroeconomics, the price/wage spiral (also called the wage/price spiral) represents a vicious circle process in which different sides of the wage bargain try to keep up with inflation to protect real incomes. This process in turn is one cause …   Wikipedia

  • 1973 oil crisis — Further information: 1973 world oil market chronology 1973 Oil Crisis Other names Arab Oil Embargo The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the …   Wikipedia

  • It's Scotland's oil — was a widely publicised political slogan used by the Scottish National Party (SNP) during the 1970s in making their economic case for Scottish independence. It was argued that the discovery of North Sea oil off the coast of Scotland, and the… …   Wikipedia

  • Oil Peak — Die Theorie des globalen Ölfördermaximums (englisch global oil peak) überträgt die Erkenntnisse zu einem Ölfördermaximum eines einzelnen Ölfeldes auf den gesamten Erdölvorrat der Erde. Die Frage, wann ein solches Maximum eintritt und ob es von… …   Deutsch Wikipedia

  • price — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ exorbitant, high, inflated, prohibitive, steep ▪ They charge exorbitant prices for their goods. ▪ The price of fuel is prohibitive …   Collocations dictionary

  • Oil Depletion Analysis Centre — The Oil Depletion Analysis Centre (ODAC) is an independent, UK registered educational charity. The centre is working to raise international public awareness and promote better understanding of the world s oil depletion and peak oil problem. ODAC… …   Wikipedia

  • Peak oil — A logistic distribution shaped production curve, as originally suggested by M. King Hubbert in 1956 …   Wikipedia

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