World Petroleum Availability 1980-2000

World Petroleum Availability 1980-2000

Date: November 1980
Creator: United States. Congress. Office of Technology Assessment.
Description: A technical memorandum by the Office of Technology Assessment (OTA) that "estimates plausible levels of world oil production to the year 2000 and assesses the factors likely to determine which levels are actually reached" (p. iii).
Contributing Partner: UNT Libraries Government Documents Department
Crude oil and crude oil derivatives transactions by oil and gas producers.

Crude oil and crude oil derivatives transactions by oil and gas producers.

Date: December 2007
Creator: Xu, He
Description: This study attempts to resolve two important issues. First, it investigates the diversification benefit of crude oil for equities. Second, it examines whether or not crude oil derivatives transactions by oil and gas producers can change shareholders' wealth. With these two major goals in mind, I study the risk and return profile of crude oil, the value effect of crude oil derivatives transactions, and the systematic risk exposure effect of crude oil derivatives transactions. In contrast with previous studies, this study applies the Goldman Sachs Commodity Index (GSCI) methodology to measure the risk and return profile of crude oil. The results show that crude oil is negatively correlated with stocks so adding crude oil into a portfolio with equities can provide significant diversification benefits for the portfolio. Given the diversification benefit of crude oil mixed with equities, this study then examines the value effect of crude oil derivatives transactions by oil and gas producers. Differing from traditional corporate risk management literature, this study examines corporate derivatives transactions from the shareholders' portfolio perspective. The results show that crude oil derivatives transactions by oil and gas producers do impact value. If oil and gas producing companies stop shorting crude oil derivatives contracts, ...
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Survey of Crude Oil in Storage, 1936-1937

Survey of Crude Oil in Storage, 1936-1937

Date: September 1938
Creator: United States. Bureau of Mines.
Description: Report issued by the U.S. Bureau of Mines over surveys conducted on the crude-oil inventory in the Unites States. Sampling methods, and survey results are presented. Tables and graphs are included in this report.
Contributing Partner: UNT Libraries Government Documents Department
U.S. Oil Import Vulnerability: The Technical Replacement Capability

U.S. Oil Import Vulnerability: The Technical Replacement Capability

Date: October 1991
Creator: United States. Congress. Office of Technology Assessment.
Description: This report examines the changes that have taken place in world oil markets and the U.S. economy since 1984 and provides revised estimates of the technical oil replacement potential that might be attained in the event of a severe and long lasting cutoff of imported oil. The report presents a variety of policy options that could help accelerate the adoption of oil replacement technologies in preparation for, or in response to, a severe supply disruption, or as part of a long-term national policy to reduce import vulnerability y.
Contributing Partner: UNT Libraries Government Documents Department
Salvage of Material in the Oil Industry

Salvage of Material in the Oil Industry

Date: 1929
Creator: Bowie, C. P.
Description: Technical paper issued by the Bureau of Mines over the salvage of necessary equipment for the oil industry. The types of materials that can be salvaged are presented and discussed. This paper includes photographs, and illustrations.
Contributing Partner: UNT Libraries Government Documents Department
The Workability of Monopoly in the Oil Industry

The Workability of Monopoly in the Oil Industry

Date: 1949
Creator: Perkins, John Emmit
Description: In this thesis, the author examines the theory that competition in the oil industry is "unworkable" and looks at the development and current status of monopoly in the oil industry to determine whether or not monopoly is workable.
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Market Timing, Forecast Ability and Information Flow in Petroleum Futures Markets

Market Timing, Forecast Ability and Information Flow in Petroleum Futures Markets

Date: December 1997
Creator: Buchanan, William K.
Description: Three petroleum futures contracts are examined over a ten-year period from 1986 to 1996. Intertemporal changes in futures prices and the net open interest positions of three trader types are compared to determine what, if any, market timing ability the traders have. Seasonal variation is considered and a simple trading rule is adopted to determine the dollar-return potential for market participation and shed light on issues of market efficiency.
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