Essentials of petroleum a key to oil economics

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Essentials of petroleum a key to oil economics

Essentials of PetroleumA Key to Oil Economicsp. H. FrankelEssentials of PetroleumA KEY TO OIL ECONOMICSp. H. FRANKELWith a Foreword byM. A. ADELMANFRA

Essentials of petroleum a key to oil economicsANK CASSLONDONPublished in Great Britain byFRANK CASS AND COMPANY LIMITED2 Park Square. Milton Park, Abingdon, Oxon. 0X14 4RNand in the Unứed States o

f America by FRANK CASS AND COMPANY LIMITED 270 Madison Ave. New York NY 10016Transferred to Digital Ponting 2005All rights reservedFirst edition1946N Essentials of petroleum a key to oil economics

ew editionI960New impression1973Second impression1976Third impression1983ISBN 07146 1220 0FOREWORDHaving read this book many years ago and profited gr

Essentials of petroleum a key to oil economics

eatly thereby, 1 rejoice to see it re-issued. The style and wit would be striking even if English were Dr. Frankel’s native tongue. Equally obvious is

Essentials of PetroleumA Key to Oil Economicsp. H. FrankelEssentials of PetroleumA KEY TO OIL ECONOMICSp. H. FRANKELWith a Foreword byM. A. ADELMANFRA

Essentials of petroleum a key to oil economicsrations to a few simple theses. That is the method of science. The organizing principles are: competition and monopoly; the interaction of costs, pric

es and production; economies of scale. These, and not the picturesque detail or even the flash of insight, ate what endures.Since then, the world indu Essentials of petroleum a key to oil economics

stry has expanded manifold, and its center of gravity has shifted to the Eastern Hemisphere. Moreover, our knowledge of oil production has itself been

Essentials of petroleum a key to oil economics

transformed as cookbook recipes have been absorbed into a body of systematic knowledge, reservoir engineering. Our concept of its economic nature can

Essentials of PetroleumA Key to Oil Economicsp. H. FrankelEssentials of PetroleumA KEY TO OIL ECONOMICSp. H. FRANKELWith a Foreword byM. A. ADELMANFRA

Essentials of petroleum a key to oil economicst blazed the trail through anecdotal irrclcvancics to principles. This book deserves reading not as a pious exercise, but to gain understanding.M. A.

Adelman Cambridge (Mass)Professor of Economics25020Massachusetts Institute of Technology (M.I T.) Essentials of petroleum a key to oil economics

Essentials of PetroleumA Key to Oil Economicsp. H. FrankelEssentials of PetroleumA KEY TO OIL ECONOMICSp. H. FRANKELWith a Foreword byM. A. ADELMANFRA