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Oil resources - economic considerations a) Discounted cash flow analysis and oil reserves b) Reserves and resources c) Oil markets and prices Lecture 23: Basic Energy Economics (PDF with notes) Nothing happens in the global fuel economy without having rippling effects on something else. It discusses aspects of the oil, natural gas, electricity, and nuclear power sectors and examines energy tax, price regulation, . Economics 14 Class Notes Spring 2005 Introduction Scarcity and Choice. We've updated our privacy policy. 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