Publications Occasional Papers
Occasional Papers
Occasional Papers are each 20-24 pages and cost $10 for a paper copy and $5 if downloaded electronically. To order a paper copy, please email us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call us at 303-442-4014 (inside the United States). Electronic copies are available for download at www.scribd.com/iceed (along with other ICEED publications) or click on the articles below to buy in PDF form directly. Click here for abstracts.
#44: Compliance in a New Era of Energy Market Manipulation Oversight Energy companies, faced with new laws, overlapping regulatory jurisdiction and substantial penalty authority, must navigate a myriad of regulation designed to prevent manipulation of the energy markets. The Federal Energy Regulatory Commission, the Commodity Futures Trading Commission and the Federal Trade Commission all have authority to prevent market manipulation. Although simple in concept, market manipulation is extremely complex in application. Recognizing that a finding of market manipulation carries the prospect of substantial civil and criminal penalties, energy companies are implementing systematic compliance protocols to monitor, identify and comply with the law. The paper provides an overview of the regulatory framework of energy market manipulation and outlines the regulatory expectation for compliance programs.
#43: Biofuels in Africa: A Pathway to Development? This paper investigates biofuels pathways and the potential outcomes of biofuels development for energy security and poverty alleviation in Africa. It also examines various options for biofuels development and its potential roles to improve or undermine the livelihoods of rural communities.
#42: The New Green Business Model for Investment This paper examines the emerging markets for environmental financial investment and trading. It evaluates the role of venture capital funds, hedge fund investments, and private equity investors in clean energy technology projects. The three global market drivers for the new green investment model are discussed, which include sustained higher energy prices, accelerated technology shifts and increased environmental concerns. The accelerating clean technology investment trajectory is assessed as is the role of climate change as a market driver. Emissions trading of carbon dioxide and green house gases are also covered along with the existing sulphur dioxide and nitrous oxide markets in the United States.
#41: Latin American Geopolitics vs. Energy Patterns: Ideology, Energy, Production Sustainability, and U.S. Security This paper evaluates the trend in Latin America towards resource nationalism in the energy sector as more left-leaning governments have come to power. It analyzes how compatible or incompatible the new ideological discourse from some populist/leftist regimes vis-à-vis their domestic energy production sustainability for the medium and long term and their energy trade with key international partners and consumers. Venezuela and Boliva are examined as case studies where ideological changes in governments have affected energy policies.
#40: Crop Circles in the Desert: The Strange Controversy over Saudi Oil Production This article addresses the controversy that has been raging over the true level of oil production and reserves held in Saudi Arabia. Many advocates of the Peak Oil theory believe that the Kingdom of Saudi Arabia has already hit its peak production level of oil and will not be able to produce oil in the near future as it does not have adequate reserves. This paper questions and refutes many of these assumptions based upon technical information about the hydrocarbon reserve and resource base of Saudi Arabia.
#39: Hedge Funds Change Energy Trading
#37: Oil and the Iraq War of 2003
#36: GreenTradingTM: The Next Financial Market
#35: Hedging Government Oil Price Risk
#34: Lessons from California’s Electricity Crisis
#33: Energy/Telecommunications Convergence: The Formation and Integration of a New Value Chain
#32: Energy E-Commerce
#31: Doing Well by Doing Good? Oil Industry Responses to Kyoto
#30: Facing the Elephant: Oil Market Evolution and Future Oil Crises
#29: "The Iranian Connection": The Geo-Economics of Exporting Central Asian Energy via Iran
#28: Economic Implications of Electric Utility Restructuring in California
#27: U.S. Electricity Deregulation: Impacts on Gas and Commodity Markets
#26: The Diseconomics of Long-Haul LNG Trading
#25: Commoditization of Electric Power Markets
#24: The Changing Structure of World Oil Markets and OPEC’s Financial Needs
#23: Environmental Change: Oil Trading and Risk-Management Implications
#22: Interdependence between the Asia-Pacific and the Middle East
#21: Exchange of Futures for Physicals: New Market Opportunities for North America
#20: A New Source of Project Finance Capital through Energy Derivatives
#19: Indicators of Crude-Oil Production Costs: The Gulf versus Non-OPEC Sources
#18: U.S. Environmental Imperatives and the Accelerated Export of Refining Capacity
#17: Opportunities for Energy Investment in Russia and the Republics in the 1990s
#16: Pacific Rim Energy Demand and Capital Requirements in the 1990s
#15: The Decade of the "Oil Deal"
#14: Financial Innovation and Upstream Petroleum Development
#13: A War for Oil? Energy Issues and the Gulf War of 1991
#12: The U.S. Natural Gas Market in the 1990s
#11: Canadian Control on Natural Gas Exports: Recent Developments
#10: The Geopolitics of Oil in the Middle East: An Overview
#9: World Energy Outlook to the 21st Century
#8: Interenergy Competition in Natural Gas Price Formation: Case of the U.S. Since Deregulation
#7: OPEC and Non-OPEC Relations
#6: The End of the Trend: Limited Opportunities to Slow Reintegration
#5: Changing Energy Prices and Colorado Industry
#4: The Gulf, Integration, and OPEC: Overseas Downstream Activities
#3: The Development of Canadian Controls on Natural Gas Exports