Energy Reality

Constantin Liana – Laura ()
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Constantin Liana – Laura: “Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 254-257

Abstract: Oil industry has always been affected by interdisciplinary factors that can change the trend of this market. Main reality of this global resource is that the most powerful states don’t have the largest share of oil resources. Thus, these are using the financial and political power, are struggling to gain the energy supremacy. Even if it was one of the pioneer states in oil industry of XIX century, Romania has passed over a series of events which led her in an actual position of refiner and consumer on the oil, initially from the position of a player directly involved in the regional market share.

Keywords: oil; influence factors; oil dependency; OPEC; OECD; Romania. (search for similar items in EconPapers)
JEL-codes: Q40 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:254-257

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