Economic factors in the longevity of resources

Date
1975-04
Authors
Peterson, Richard E.
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Hawaii Geothermal Project, University of Hawaii
National Technical Information Service
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Abstract
If it is economically feasible to exploit a resource, the period of exploitation will be affected by a number of economic factors. In the discussion below, the role of the following variables in the lifetime of oil, gas, and geothermal resources will be presented: the rate of interest or discount rate; future prices and costs; monopolization, import quotas, and prorationing; rules of capture and unitization; severance taxes and royalty payments; property taxes; depletion allowances.
Description
Includes bibliographical references
Keywords
Hawaii, Puna, Kilauea, Kilauea East Rift Zone, Hawaii Island, Big Island, Hawaii Geothermal Project
Citation
Peterson RE. 1975. Economic Factors in the Longevity of Resources. Honolulu (HI) & Springfield (VA): Hawaii Geothermal Project, University of Hawaii & National Technical Information Service.
Extent
23 pages
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