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Oil Industry & Windfall Profits - 9781606928400

BOOKS etc.
  • (479003)
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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
Book Title
Oil Industry & Windfall Profits
ISBN
9781606928400
Publication Year
2009
Type
Textbook
Format
Hardcover
Language
English
Publication Name
Oil Industry & Windfall Profits
Item Height
155 mm
Author
Maria B Coswell
Publisher
NOVA Science Publishers INC International Concepts
Item Width
230 mm
Subject
Economics, Business
Item Weight
384 g
Number of Pages
120 Pages

About this product

Product Information

Over the past 10 years, surging crude oil and petroleum product prices have increased oil and gas industry revenues and generated record profits, particularly for the top five major integrated companies (also known as the super-majors ): Exxon-Mobil, Royal Dutch Shell, BP, Chevron, and Conoco/Phillips. These companies, which reported a predominant share of those profits, generated more than $100 billion in profits on nearly $1.5 trillion of revenues in 2007. From 2003 to 2007, revenues increased by 51%; net income (profits) increased by 85%. Being largely price-driven, with no increase in output, and with little new production resulting from increased oil industry investment, many believe that a portion of the increased oil industry income over this period represents a windfall and unearned gain, i.e., income not earned by any additional effort on the part of the firms, but due primarily to record crude oil prices, which are set in the world oil marketplace. Numerous bills have been introduced in the Congress over this period to impose a windfall profits tax (WPT) on oil. This book discusses these options.

Product Identifiers

Publisher
NOVA Science Publishers INC International Concepts
ISBN-13
9781606928400
eBay Product ID (ePID)
92084858

Product Key Features

Author
Maria B Coswell
Publication Name
Oil Industry & Windfall Profits
Format
Hardcover
Language
English
Subject
Economics, Business
Publication Year
2009
Type
Textbook
Number of Pages
120 Pages

Dimensions

Item Height
155 mm
Item Width
230 mm
Item Weight
384 g

Additional Product Features

Country/Region of Manufacture
United States
Editor
Maria B Coswell

Item description from the seller

Business seller information

Value Added Tax Number:
  • GB 976952259
BOOKS etc.

BOOKS etc.

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BOOKS etc is an UK online business that is based in ALDERSHOT, Hampshire. We are a family run company that aims to bring customers a fantastic selection of books with great prices, with friendly ...
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