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World Energy Outlook and Impact of Oil Prices on Financial Crisis

World Energy Outlook and Impact of Oil Prices on Financial Crisis

Altan Kolbay
Copyright: © 2013 |Pages: 7
ISBN13: 9781466630062|ISBN10: 146663006X|EISBN13: 9781466630079
DOI: 10.4018/978-1-4666-3006-2.ch004
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MLA

Kolbay, Altan. "World Energy Outlook and Impact of Oil Prices on Financial Crisis." Technology and Financial Crisis: Economical and Analytical Views, edited by Ali Serhan Koyuncugil and Nermin Ozgulbas, IGI Global, 2013, pp. 32-38. https://doi.org/10.4018/978-1-4666-3006-2.ch004

APA

Kolbay, A. (2013). World Energy Outlook and Impact of Oil Prices on Financial Crisis. In A. Koyuncugil & N. Ozgulbas (Eds.), Technology and Financial Crisis: Economical and Analytical Views (pp. 32-38). IGI Global. https://doi.org/10.4018/978-1-4666-3006-2.ch004

Chicago

Kolbay, Altan. "World Energy Outlook and Impact of Oil Prices on Financial Crisis." In Technology and Financial Crisis: Economical and Analytical Views, edited by Ali Serhan Koyuncugil and Nermin Ozgulbas, 32-38. Hershey, PA: IGI Global, 2013. https://doi.org/10.4018/978-1-4666-3006-2.ch004

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Abstract

In this chapter, the correlation of growth in population, economic welfare, and increase in the energy demand is evaluated with examples. The biggest concern of mankind is which sources cover the immense energy demand. It is obvious that fossil fuels are the base energy source, and in order to supply developing energy needs, serious investments are needed in the energy sector. That is why the results of monetary aspects in energy prices and the conditions in leading supplier countries are also evaluated.

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