---
product_id: 224222568
title: "The Economics of Oil and Gas (The Economics of Big Business)"
price: "€ 48.79"
currency: EUR
in_stock: true
reviews_count: 2
url: https://www.desertcart.ie/products/224222568-the-economics-of-oil-and-gas-the-economics-of-big
store_origin: IE
region: Ireland
---

# The Economics of Oil and Gas (The Economics of Big Business)

**Price:** € 48.79
**Availability:** ✅ In Stock

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- **What is this?** The Economics of Oil and Gas (The Economics of Big Business)
- **How much does it cost?** € 48.79 with free shipping
- **Is it available?** Yes, in stock and ready to ship
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## Description

The Economics of Oil and Gas (The Economics of Big Business) [Mu, Xiaoyi] on desertcart.com. *FREE* shipping on qualifying offers. The Economics of Oil and Gas (The Economics of Big Business)

Review: An Academic Presentation - My experience in the petroleum markets started in the 1970s Middle East crises and along with my college room mate who was one of the few who cornered the oil market as traders at the time. My personal trading experience is in telecom where we buy and sell capacity with an underlying technology. Petroleum, and gas, are fundamentally traders markets. The technology is well understood as may be some of the risks. However to understand this industry one must understand how prices are set by third parties. It is not a classic microeconomics situation. It is a traders world. That essential understanding is grossly missing. Second, wherever I see probabilities assigned or assumed, it tells me that this is a purely academic exercise. In reality no one a priori knows these if even they exist. Thus many of the decision trees are vacant exercises and are academic at best. Overall this is a simple introduction but in my opinion lacking in the very key elements that make this a a challenging market.
Review: This is a very useful book, which can offer students a overview of the economic activities and principle in term of oil and gas industry.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | #2,031,148 in Books ( See Top 100 in Books ) #447 in Oil & Energy Industry (Books) #12,264 in Business & Finance |
| Customer Reviews | 4.2 4.2 out of 5 stars (19) |
| Dimensions  | 6 x 1 x 8.25 inches |
| ISBN-10  | 1911116282 |
| ISBN-13  | 978-1911116288 |
| Item Weight  | 14.4 ounces |
| Language  | English |
| Part of series  | The Economics of Big Business |
| Print length  | 288 pages |
| Publication date  | December 5, 2019 |
| Publisher  | Agenda Publishing |

## Images

![The Economics of Oil and Gas (The Economics of Big Business) - Image 1](https://m.media-amazon.com/images/I/71tJ+jUkSAL.jpg)

## Customer Reviews

### ⭐⭐⭐ An Academic Presentation
*by D***Y on July 19, 2022*

My experience in the petroleum markets started in the 1970s Middle East crises and along with my college room mate who was one of the few who cornered the oil market as traders at the time. My personal trading experience is in telecom where we buy and sell capacity with an underlying technology. Petroleum, and gas, are fundamentally traders markets. The technology is well understood as may be some of the risks. However to understand this industry one must understand how prices are set by third parties. It is not a classic microeconomics situation. It is a traders world. That essential understanding is grossly missing. Second, wherever I see probabilities assigned or assumed, it tells me that this is a purely academic exercise. In reality no one a priori knows these if even they exist. Thus many of the decision trees are vacant exercises and are academic at best. Overall this is a simple introduction but in my opinion lacking in the very key elements that make this a a challenging market.

### ⭐⭐⭐⭐⭐ Review
*by A***A on June 18, 2020*

This is a very useful book, which can offer students a overview of the economic activities and principle in term of oil and gas industry.

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*Store origin: IE*
*Last updated: 2026-03-19*