NDLI: Online appendix to accompany “ An Energy-centric Theory of Agglomeration ”

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Online appendix to accompany “ An Energy-centric Theory of Agglomeration ”

Content Provider	Semantic Scholar
Copyright Year	2016
Abstract	The aggregate 10 trillion dollar number is an estimate calculated as follows: annual energy consumption was 12,807.1 million tons of oil equivalent in 2013 (British Petroleum, 2015, 40). A ton of oil is equivalent to 7.33 barrels, and the average spot price of a barrel of Brent crude oil, a common benchmark for the world price of oil, was $108.56 (US) in 2013 (Energy Information Administration, 2015). Calculating annual global energy sales in 2013 using this information yields an estimate of $10.191 trillion US. Global energy consumption in barrels of oil equivalent per second in 2013 is calculated by once again taking annual energy consumption of 12,807.1 million tons of oil equivalent, multiplying by 7.33 barrels of oil per ton and then dividing that figure by 31,536,000 = 60 × 60 × 24 × 365 seconds in 2013 to get 2976.79 barrels of oil equivalent consumed per second. The World Trade Organization valued 2013 global fuels exports (f.o.b.) at $3.258 trillion US (2014, 62). Fuels are classified by the United Nations Statistics Division (2006) in section 3 of the Standard International Trade Classification, Rev. 4 as: coal, coke and briquettes; petroleum, petroleum products and related materials; gas, natural and manufactured; and electric current. Data on global pipeline infrastructure listed by country is accessible through the Central Intelligence Agency’s World Factbook (2013). Simple addition yields global oil and gas pipeline infrastructure totalling 3,573,235 km, with natural gas pipelines accounting for 2,855,017 km. Oil, refined products and liquid petroleum gas pipelines account for the remaining 718,218 km.
File Format	PDF HTM / HTML
Alternate Webpage(s)	https://static1.squarespace.com/static/595683df197aea34b397b2fd/t/59863cfd46c3c4bd4449f48a/1501969664002/Moreno+Cruz,+Taylor+-+An+energy-centric+theory+of+agglomeration+APPENDIX.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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