FinalReview

FinalReview - Write on exam itself Don't need bluebook 20...

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Write on exam itself- Don’t need bluebook 20 multiple choice (1 minute each, 3-4 choices) 4-5 quick short answers – Phrases 1 quantitative (numerical) type (elasticities, “merger issue”)  1 more conceptual  Important Topics/Concepts Energy and the Economy-  Quantitative Geopolitics Oil-Upstream Oil-Downstream Natural Gas LNG Coal Electricity Alternative Energy Policy/ Regulation Environment Elasticities: price and income Cartels Dominant Firm Oligopoly-  Implications   Market Structure of the Energy Industries-  OPEC- Oil business LNG- potential; offshore concentrated in same area Coal Business-US abundance of coal; coal differ btu wider range; tune for specific type of coal,  location already know, why is there not vertical integration (there are some) and why don’t you  need to have it; which industry has vertical integration  Oil less integrated; more refinery than upstream 
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FinalReview - Write on exam itself Don't need bluebook 20...

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