"Kent Moors, PhD, is the famous (in oil and energy circles) political science professor and financial and government-intelligence advisor, from Duquesne University in Pittsburgh, and one of the most cited sources by media and scholars on oil and gasoline prices.
An eponyymous law, Moors' Law (to be disambiguated from "Moore's Law," a similar law for the doubling of transistors on a silicon chip), says: The price of oil doubles every 5 years with the doubling of automobiles in China.
Moors' law is based on Chinese motorization reaching a critical mass and world production of conventional oil reaching a maximum in the year 2005. From this point forward there was an annual increase in oil prices of 15 percent per year, representing a doubling in 5 years."
"Dr. Moors has advised sixteen world governments (U.S., Russia, Kazakhstan, Azerbaijan, Ukraine, Poland, China, Ecuador, Ghana, Iraq, Kurdistan, Mexico, Nigeria, Bahamas, Morocco and Uganda), governors of several U.S. states, premiers of two Canadian provinces and has been a consultant to private companies, financial institutions, civic movements/organizations and law firms in 28 countries. He has served as an expert witness/consultant to law firms in Chicago, Houston, London, Montreal, Moscow, New York, Philadelphia and Toronto on cases involving a range of issues, including: retail pricing of oil products; crude and oil product contract, trading, representational duties/responsibilities; oil field, petrochemical, transport installation and contract liability; strategic risk assessment planning and application; technical assessment of export taxation; patent infringement; equity and debt valuation; and oil equipment/technology transfer.
He currently serves on the U.S. Department of State (DOS) task force providing oil policy advisories to developing nations worldwide and the DOS Global Shale Gas Initiative, providing advisory services on the policy implications from unconventional gas development."
http://www.duq.edu/academics/faculty/kent-moors
An eponyymous law, Moors' Law (to be disambiguated from "Moore's Law," a similar law for the doubling of transistors on a silicon chip), says: The price of oil doubles every 5 years with the doubling of automobiles in China.
Moors' law is based on Chinese motorization reaching a critical mass and world production of conventional oil reaching a maximum in the year 2005. From this point forward there was an annual increase in oil prices of 15 percent per year, representing a doubling in 5 years."
"Dr. Moors has advised sixteen world governments (U.S., Russia, Kazakhstan, Azerbaijan, Ukraine, Poland, China, Ecuador, Ghana, Iraq, Kurdistan, Mexico, Nigeria, Bahamas, Morocco and Uganda), governors of several U.S. states, premiers of two Canadian provinces and has been a consultant to private companies, financial institutions, civic movements/organizations and law firms in 28 countries. He has served as an expert witness/consultant to law firms in Chicago, Houston, London, Montreal, Moscow, New York, Philadelphia and Toronto on cases involving a range of issues, including: retail pricing of oil products; crude and oil product contract, trading, representational duties/responsibilities; oil field, petrochemical, transport installation and contract liability; strategic risk assessment planning and application; technical assessment of export taxation; patent infringement; equity and debt valuation; and oil equipment/technology transfer.
He currently serves on the U.S. Department of State (DOS) task force providing oil policy advisories to developing nations worldwide and the DOS Global Shale Gas Initiative, providing advisory services on the policy implications from unconventional gas development."
http://www.duq.edu/academics/faculty/kent-moors