economics of Arctic oil transportation by J. B. Lassiter

Cover of: economics of Arctic oil transportation | J. B. Lassiter

Published by Massachusetts Institute of Technology, Sea Grant Project Office in [Cambridge, Mass .

Written in English

Read online


  • Petroleum -- Transportation -- Alaska -- Mathematical models.,
  • Petroleum -- Transportation -- Economic aspects -- Alaska.

Edition Notes

Book details

Statementby J. B. Lassiter III, J. W. Devanney III.
SeriesReport -- no. MITSG 71-4., MITSG -- 71-4.
ContributionsDevanney, J. W., Massachusetts Institute of Technology. Sea Grant Project Office.
The Physical Object
Paginationp. J15-J21
Number of Pages21
ID Numbers
Open LibraryOL14110914M

Download economics of Arctic oil transportation

Topics are organized into categories that include Arctic Transportation Research, Marine Transport and Logistics, and Arctic Energy and Mineral Resources. Arctic Wells: News and Perspectives on the Arctic Oil and Gas Rush The economics of oil transportation in the Arctic [G.

David Quirin] on *FREE* shipping on qualifying :// Transit Traffic Significant obstacles remain however to choosing the Arctic route alternative.

These include: 1) difficulties navigating because of unexpected remaining ice floats, 2) remoteness and inadequate search and rescue facilities, 3) the need and expense for icebreakers or escort ships, 4) access limited only to summer months with uncertain time boundaries, and 5) reluctance of Part 3 focuses on resource use conflicts in Arctic seas and on the most recent threats in terms of Arctic oil and gas exploration, offshore logistics operations as well as transportation of oil and oil products.

Discussions in Part 4 of the book are concentrated around social aspects and involvement of  › Environmental Sciences › Aquatic Sciences. 10 hours ago  The Trump administration approved an oil leasing program for the Arctic National Wildlife Refuge, opening up the pristine, million-acre wilderness to drilling for the first time and making it Today  The Trump administration finalized plans Monday to open up the Arctic National Wildlife Refuge to drilling, a move that will allow oil and gas rights to be auctioned off in the heart of one of the   Determinants of Oil and Gas Exploration Activity Peter C.

Reiss Introduction Indomestic oil companies spent a record $ billion exploring for and developing oil and gas reserves in the United States. Inthey spent less than one-half that amount, a   How is the legal framework shaping the evolution of maritime transportation.

The contributors to this book consider all of these questions, and more, as they map out the prospects for Arctic shipping and analyse in detail the development of Arctic shipping as a result of multi-variable interactions.

The economics of Arctic shipping. chapter The length of highways and express roads in the years and prospects for Source: based on the materials of the Polish Logistics Congress LOGISTICS, Poznan MayThe National Ocean Economics Program (NOEP) provides a full range of the most current policy-relevant economic and demographic information available on changes and trends along the U.S.

coast, Great Lakes, and coastal waters. Natural Resources Commercial fisheries information and economic data of the offshore oil and gas production of the U   Some studies focused on the economy and feasibility of transportation routes in the Arctic, considering navigational conditions and costs.

In addition, the natural resources in the Arctic region, such as oil, gas, and fishery, were major topics in the English    barrels of oil, about one-third of the capacity of the average railcar.5 All three forms of transportation play a role in moving oil and gas efficiently, but each has its unique trade-offs in terms of economics, environmental impacts, and safety.

Economics: Pipeline, Rail, and Truck   the Arctic National Wildlife Refuge (ANWR), and (4) the area west of the NPRA, called in this report the “western North Slope.” These analyses were prepared at different times with various minimum assessed oil and gas accumulation sizes and with slightly different assumptions.

Results of these past   case, total oil and gas transportation and storage infrastructure investment increases to $ trillion over the period, a 29% increase over the base production case.

In the high production case, IHS forecasts that significant additional growth will occur ~/media/files/policy/soae/ The Trump administration economics of Arctic oil transportation book moved to allow drilling in ecologically sensitive areas of the Arctic previously off limits to oil producers, in the latest move to scale back environmental oversight Oil consumption.

Oil consumption grew by million economics of Arctic oil transportation book per day (b/d), or % slightly lower than the year average of %.

Growth was led by China, where demand rose byb/d, the largest increase in the country’s demand since /energy-economics/statistical-review-of-world-energy/   be approximately equivalent to billion barrels of oil.

The Arctic holds over 40 billion barrels of crude oil, 1, trillion cubic feet of natural gas and 8 billion barrels of natural gas liquids in about oil and gas fields, and a further 90 billion barrels in estimated undiscovered reserves, of which 85 per cent is likely to be In recent years,China's participation in Arctic affairs has caused concern from foreign researchers.

The core issues of concern abroad include: Why does China participate in Arctic affairs. What effects of China's participation will have on the Arctic nations and the The Arctic Circle may hold more than a fifth of the world's undiscovered oil and gas, most of it offshore.

However, with oil around $60 a barrel, not all will be worth pursuing. Potential Projects   Part 3 focuses on resource use conflicts in Arctic seas and on the most recent threats in terms of Arctic oil and gas exploration, offshore logistics operations as well as transportation of oil and oil products.

Discussions in Part 4 of the book are concentrated around social aspects and involvement of local :// 1 day ago  Arctic - Arctic - Political and environmental issues: The eight countries claiming Arctic territory—Russia, Canada, the United States, Denmark (Greenland), Norway, Sweden, Finland, and Iceland—have different systems of central administration and therefore administer their northlands in different ways.

All of them, it may be noted, are technologically advanced states with a relatively high   (NWP), 3 the Transpolar route across the heart of the Arctic Ocean, and one does not specify any Arctic route.

When they establish comparisons, the articles compare these Arctic sea lanes with the Suez route (19), Panama (5) and the Trans-Siberian rail link (1) (Table 1). Table 1. Models of Arctic shipping considered for the review, Res A Arctic. What climate change and arctic development means for Russia, the environment, and the international community.

The Arctic region is a vast area whose economic potential, through climate change and advanced technology, is becoming accessible for the first time in history.

This potential includes hydrocarbon resources as well as shipping lines, fishing rights, and metal deposits. Inthe World Economic Forum’s (WEF) Global Agenda Council on the Arctic published an Arctic Investment Protocol (AIP) with an intention to start a discussion and build a coalition around responsible investments in the Arctic.

While the World Economic Forum’s Global Agenda Council on the Arctic ceased to exist inthe World Economic Forum wanted to see the work on the AIP taken Climate change is significantly impacting the Arctic region, with the melting of permafrost, glaciers and sea ice.

The rapidly receding summer sea ice led to the idea that climate change could trigger an expansion of transit shipping in the Arctic. The reality is more nuanced: if Arctic shipping is indeed developing, it is destinational shipping that is expanding, with the opening up of oil   An oil company has estimated the following cash flow for an oil project: (,per year in 9 years, 50) Risk free discount rate is 7% but the company is very risk averse and want a risk premium of 10%.

Calculate the NPV of the project. ainty -   an opportunity cost, or rent. World oil prices remain above pre levels and remain volatile as a result of OPEC market power.

Oil supply disruptions of the s led to economic harms. Environmental damages from energy use include climate change from ~jsweeney/paper/Energy It's All A Lie 41st Edition Blue Book Of Gun Values Free Pdf Download Coeliac Disease And Diabetes Meal Plan Coeliac Disease Diet Plan Digital To The Core Sperry Marine Bridgemaster E The College Writer 6th [email protected] Permanent The Lab Muffin Guide To Basic Skincare Immigration Options For Investors & Entrepreneurs Infosec Real Id Ordinal Numbers Worksheet 4th Grade Math Sequence Arctic is portrayed as one of the biggest unexplored regions in the world and the shortest new sea route from East Asia to Northern Europe.

But with the oil prices dipping below $50 a barrel, the   Energy Economics is the premier field journal for energy economics and energy finance. Themes include, but are not limited to, the exploitation, conversion and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and   This book considers both the present state of Arctic shipping and possible future trends with reference to the various sectors of maritime transportation: cruise tourism, container traffic and bulk shipping.

Ports are analysed as tools that support the strategies of coastal states to foster the development of resource extraction, enhance the attractiveness of Arctic shipping lanes and enable   Transportation Infrastructure is Key • Tight oil production should ensure domestic Petroleum Refining Technology & Economics –5th Ed.

by James Gary, Glenn Handwerk, & Mark Kaiser, CRC Press, Characteristics of Petroleum Products 44 Refining ~jjechura/EnergyTech/ Get this from a library.

Arctic economics in the 21st century: the benefits and costs of cold. [Heather A Conley; Center for Strategic and International Studies (Washington, D.C.)] -- This report explores the key economic dynamics at play in the rapidly changing Arctic region.

This report evaluates both the economic benefits of an increasingly open Arctic region and the costs of there are large shocks to the economics of transformation: for example, the explosion of a natural gas pipeline that dramatically reduced transportation capacity into California in late caused a massive change in the basis between the price of gas at the California border and at the Henry Hub in Louisiana (the delivery point for the most   maritime economics How maritime regulation affects maritime economics The institutions that regulate shipping Self-regulation and the classification societies The law of the sea The regulatory role of the flag state How maritime laws are made The International Maritime Organization   Russia’s announcement last month that it was considering reopening a major northern naval base and resuming regular naval patrols has revived a debate over the militarization of the Arctic.

In   UNESCO – EOLSS SAMPLE CHAPTERS GEOLOGY – Vol. V – Methods of Exploration and Production of Petroleum Resources - Ione L. Taylor ©Encyclopedia of Life Support Systems (EOLSS) 3. The Exploration and Production (E&P) Process Steps of the E&P Process The commercial E&P process is a multiphase process (as shown in Figure 2) that   Michael Byers, a professor of political science at the University of British Columbia and prominent researcher on the Arctic, has recently come out with a book entitled Who Owns the Arctic.

This short, opinionated overview of Arctic issues encompasses a range of contentious topics such as sovereignty, which the title references. Perhaps of most importance [ ] Get this from a library. Arctic economics in the 21st century: the benefits and costs of cold.

[Heather A Conley; David L Pumphrey; Terence M Toland; Mihaela David; Center for Strategic and International Studies (Washington, D.C.),] -- This report explores the key economic dynamics at play in the rapidly changing Arctic region.

This report evaluates both the economic benefits of an   Oil production at the Prirazlomnoye field commenced in Decemberwith the first consignment of the new Arctic oil dispatched in April — the instruction to commence loading being given by President of the Russian Federation Vladimir Putin.

Oil transportation from the field is being handled by two shuttle tankers — the Mikhail Ulyanov and the Kirill ://. Economic analysis is a central feature of the upstream oil and gas industry, as indeed in many other industries.

Being an extractive industry that is exposed to a range of formidable uncertainties, the upstream petroleum industry faces particular complexity in assessing the economics   Box Oil and Gas Clusters and Regional Hubs Box Needs Assessment to Determine the Need for and Type of Policy Intervention Figures.

Figure Chenery-Watanabe (left) and Rasmussen (right) Links from the Oil and Gas Sector 5 Figure Normalized Chenery-Watanabe (left) and Rasmussen (right) Links from the Oil and Gas Sector 6 /pdf/All journal articles featured in Applied Economics vol 52 issue Log in | Register Cart.

Impact Factor. Applied Economics. Impact Factor. Search in: Advanced search. Submit an article. New content alerts RSS.

Subscribe. Citation ://

72584 views Thursday, November 12, 2020