I first took a course in development economics in 1973, a year of economic turmoil with the Arab oil embargo and shortly after the downfall of the Bretton Woods exchange rate system.

我第一次学习发展经济学课程是在1973年，那一年由于阿拉伯国家的石油禁运导致经济动荡，而且布雷顿森林体系刚刚崩溃不久。

youdao

Clearly, the boom in energy and commodity prices has changed the economics of difficult searches for oil, gas and minerals.

无疑，能源和日用品价格的上涨已经改变了对石油、天然气以及矿产进行艰苦探查的经济学意义。

youdao

He does not believe that the technique can predict flow rates, even from rock that contains a lot of hydrocarbons-and flow rates are crucial to an oil field's economics.

他不相信这种技术能预测石油的流量，即使对于含有大量碳氢化合物的岩石也无法预测——石油流量是油田经济中至关重要的指标。

youdao

Further, he adds populist bite to the argument for those who perhaps find oil economics somewhat arcane.

BBC: Alex Salmond keeps the faith

They, I mean I don't want to get in to oil economics, but the idea that one can sort of turn the tap on and off like this, in the quantities that Gordon Brown suggests, I think is unrealistic.

BBC: Nick Clegg interview

According to Lucian Pugliaresi, president of the Energy Policy Research Foundation, a Washington-based group that analyzes oil economics, a "perfect storm" of events within the last five years--including political instability in Iraq, Venezuela and Nigeria--has undermined production expectations by as much as 3 million barrels per day.

FORBES: Two Sides To The Dear-Oil Coin