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Industry leader, Carol Dahl has thoroughly revised and updated her classic text International Energy Markets: Understanding Pricing, Policies, and Profits. The second edition uses updated examples, statistics and models to explore energy policy, economics, institutions, and production in a global context. It will be of interest to anyone who wants to learn more about the global energy industry, and is a perfect classroom resource. With this book you will: * Learn the fundamentals needed to make sound economic, business, and government policy decisions relating to energy industries. * Gain a better understanding of energy markets through economics, mathematical optimization, simulation, and forecasting. * Obtain historical, institutional, engineering and technical knowledge of energy production, transportation, and transformation. * Explore models for understanding and managing energy resources in a global environment. * Understand the basics of energy generation.