Crude Volatility

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Publisher : Columbia University Press
ISBN 13 : 0231543689
Total Pages : 336 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis Crude Volatility by : Robert McNally

Download or read book Crude Volatility written by Robert McNally and published by Columbia University Press. This book was released on 2017-01-17 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.

Life Without Oil

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Publisher : Prometheus Books
ISBN 13 : 1616144025
Total Pages : 460 pages
Book Rating : 4.6/5 (161 download)

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Book Synopsis Life Without Oil by : Steve Hallett

Download or read book Life Without Oil written by Steve Hallett and published by Prometheus Books. This book was released on 2011-03-14 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the end of the 21st century, our oil and natural gas supplies will be virtually nonexistent, and limited coal supplies will be restricted to only a handful of countries. The authors - an environmental scientist and veteran journalist - make abundantly clear that we must plan for a future without reliance on oil. They make a compelling case that the key determinant of our global economy is not so much the invisible hand of the marketplace but the inexorable laws of ecology. Although the coming decades will be a time of much disruption and change of lifestyle, in the end we may learn a wiser, more sustainable stewardship of our natural resources. This timely, sobering, yet constructive discussion of energy and ecology offers a realistic vision of the near future and many important lessons about the limits of our resources.

Oil, Power, and War

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Publisher : Chelsea Green Publishing
ISBN 13 : 1603589783
Total Pages : 674 pages
Book Rating : 4.6/5 (35 download)

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Book Synopsis Oil, Power, and War by : Matthieu Auzanneau

Download or read book Oil, Power, and War written by Matthieu Auzanneau and published by Chelsea Green Publishing. This book was released on 2020-02-20 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of oil is one of hubris, fortune, betrayal, and destruction. It is the story of a resource that has been undeniably central to the creation of our modern culture, and ever-present during the darkest exploits of empire the world over. For the past 150 years, oil has become the most essential ingredient for economic, military, and political power. And it has brought us to our present moment in which political leaders and the fossil-fuel industry consider extraordinary, and extraordinarily dangerous, policy on a world stage marked by shifting power bases. Upending the conventional wisdom by crafting a “people’s history,” award-winning journalist Matthieu Auzanneau deftly traces how oil became a national and then global addiction, outlines the enormous consequences of that addiction, sheds new light on major historical and contemporary figures, and raises new questions about stories we thought we knew well: What really sparked the oil crises in the 1970s, the shift away from the gold standard at Bretton Woods, or even the financial crash of 2008? How has oil shaped the events that have defined our times: two world wars, the Cold War, the Great Depression, ongoing wars in the Middle East, the advent of neoliberalism, and the Great Recession, among them? With brutal clarity, Oil, Power, and War exposes the heavy hand oil has had in all of our lives—and illustrates how much heavier that hand could get during the increasingly desperate race to control the last of the world’s easily and cheaply extractable reserves.

The Future of Oil and Fiscal Sustainability in the GCC Region

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513525905
Total Pages : 55 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis The Future of Oil and Fiscal Sustainability in the GCC Region by : Mr.Tokhir N Mirzoev

Download or read book The Future of Oil and Fiscal Sustainability in the GCC Region written by Mr.Tokhir N Mirzoev and published by International Monetary Fund. This book was released on 2020-02-06 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world’s oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries’ existing plans.

The Future of Oil

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Author :
Publisher :
ISBN 13 : 9788188360192
Total Pages : 264 pages
Book Rating : 4.3/5 (61 download)

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Book Synopsis The Future of Oil by : Sanjay Patel

Download or read book The Future of Oil written by Sanjay Patel and published by . This book was released on 2012-01-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's not about Dirty Oil or Ethical Oil. It's about the Future of Oil Unless we are able to increase the global oil supply, we face a bleak future of depleting reserves and ever-rising energy prices. Since conventional oil reserves are dwindling, we have no alternative but to increasingly rely on unconventional oil, and for political, economic, and environmental reasons, the Canadian oil sands of-fer the very best unconventional oil we can get. Never before has a book offered an insider's view of this controversial industry. The Future of Oil objectively considers economic necessity and the nature of current technological limitations to arrive at a series of connec-ted and inescapable conclusions. The transition to an age of cleaner energy production is necessary and in-evitable, but we cannot yet live without oil. Oil must have a future, or we do not have one, and the oil sands of Canada are the centrepiece of that future. The Future of Oil is a clear, concise, yet complete guide to the Canadian oil sands industry. It does not sugar-coat the hard facts and cuts through the "Dirty Oil" and "Ethical Oil" debate by objectively presenting the argu-ments of oil sands critics and proponents alike. Most of all, The Future of Oil offers, for the first time, an invalu-able insider's view of a crucial energy debate that will be with us for some time to come.

Subterranean Estates

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Publisher : Cornell University Press
ISBN 13 : 0801455391
Total Pages : 433 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis Subterranean Estates by : Hannah Appel

Download or read book Subterranean Estates written by Hannah Appel and published by Cornell University Press. This book was released on 2015-06-24 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Oil is a fairy tale, and, like every fairy tale, is a bit of a lie."—Ryzard Kapuscinski, Shah of Shahs The scale and reach of the global oil and gas industry, valued at several trillions of dollars, is almost impossible to grasp. Despite its vast technical expertise and scientific sophistication, the industry betrays a startling degree of inexactitude and empirical disagreement about foundational questions of quantity, output, and price. As an industry typified by concentrated economic and political power, its operations are obscured by secrecy and security. Perhaps it is not surprising, then, that the social sciences typically approach oil as a metonym—of modernity, money, geopolitics, violence, corruption, curse, ur-commodity—rather than considering the daily life of the industry itself and of the hydrocarbons around which it is built. Subterranean Estates gathers an interdisciplinary group of scholars and experts to instead provide a critical topography of the hydrocarbon industry, understood not solely as an assemblage of corporate forms but rather as an expansive and porous network of laborers and technologies, representation and expertise, and the ways of life oil and gas produce at points of extraction, production, marketing, consumption, and combustion. By accounting for oil as empirical and experiential, the contributors begin to demystify a commodity too often given almost demiurgic power. Subterranean Estates shifts critical attention away from an exclusive focus on global oil firms toward often overlooked aspects of the industry, including insurance, finance, law, and the role of consultants and community organizations. Based on ethnographic research from around the world (Equatorial Guinea, Nigeria, Oman, the United States, Ecuador, Chad, the United Kingdom, Kazakhstan, Canada, Iran, and Russia), and featuring a photoessay on the lived experiences of those who inhabit a universe populated by oil rigs, pipelines, and gas flares, this innovative volume provides a new perspective on the material, symbolic, cultural, and social meanings of this multidimensional world.

Beyond Oil and Gas

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 3527644636
Total Pages : 351 pages
Book Rating : 4.5/5 (276 download)

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Book Synopsis Beyond Oil and Gas by : George A. Olah

Download or read book Beyond Oil and Gas written by George A. Olah and published by John Wiley & Sons. This book was released on 2011-08-24 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world is currently consuming about 85 million barrels of oil a day, and about two-thirds as much natural gas equivalent, both derived from non-renewable natural sources. In the foreseeable future, our energy needs will come from any available alternate source. Methanol is one such viable alternative, and also offers a convenient solution for efficient energy storage on a large scale. In this updated and enlarged edition, renowned chemists discuss in a clear and readily accessible manner the pros and cons of humankind's current main energy sources, while providing new ways to overcome obstacles. Following an introduction, the authors look at the interrelationship of fuels and energy, and at the extent of our non-renewable fossil fuels. They also discuss the hydrogen economy and its significant shortcomings. The main focus is on the conversion of CO2 from industrial as well as natural sources into liquid methanol and related DME, a diesel fuel substitute that can replace LNG and LPG. The book is rounded off with an optimistic look at future possibilities. A forward-looking and inspiring work that vividly illustrates potential solutions to our energy and environmental problems.

Global Trends 2040

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Author :
Publisher : Cosimo Reports
ISBN 13 : 9781646794973
Total Pages : 158 pages
Book Rating : 4.7/5 (949 download)

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Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Energy for a Sustainable World

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Publisher : John Wiley & Sons
ISBN 13 : 3527633618
Total Pages : 348 pages
Book Rating : 4.5/5 (276 download)

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Book Synopsis Energy for a Sustainable World by : Vincenzo Balzani

Download or read book Energy for a Sustainable World written by Vincenzo Balzani and published by John Wiley & Sons. This book was released on 2010-12-01 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: An easy read, balancing the pros and cons, this book surveys the energy issue from a broad scientific perspective while considering environmental, economic, and social factors. It explains the basic concepts, provides a historical overview of energy resources, assesses our unsustainable energy system based on fossil fuels, and shows that the energy crisis is not only a tough challenge, but also an unprecedented opportunity to become more concerned about the world in which we live and the society we have built up. By outlining the alternatives for today and the future, it gives an extensive overview on nuclear energy, solar thermal and photovoltaics, solar fuels, wind power, ocean energies and other renewables, highlighting the increasing importance of electricity and the long-term perspectives of a hydrogen-based economy. An excellent source of updated and carefully documented information on the entangled aspects of the energy issue, this book is a guide for scientists, students and teachers looking for ways out of the energy and climate crisis, and the problems and disparities generated during the fossil fuel era.

Peaking of World Oil Production

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Author :
Publisher : Nova Science Publishers
ISBN 13 :
Total Pages : 126 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Peaking of World Oil Production by : Robert Louis Hirsch

Download or read book Peaking of World Oil Production written by Robert Louis Hirsch and published by Nova Science Publishers. This book was released on 2007 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking. Dealing with world oil production peaking will be extremely complex, involve literally trillions of dollars and require many years of intense effort. To explore these complexities, three alternative mitigation scenarios are analysed: scenario I assumes that action is not initiated until peaking occurs; scenario II assumes that action is initiated 10 years before peaking; scenario III assumes action is initiated 20 years before peaking. For this analysis estimates of the possible contributions of each mitigation option were developed, based on an assumed crash program rate of implementation.

Oil Culture

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Publisher : U of Minnesota Press
ISBN 13 : 1452943958
Total Pages : 519 pages
Book Rating : 4.4/5 (529 download)

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Book Synopsis Oil Culture by : Ross Barrett

Download or read book Oil Culture written by Ross Barrett and published by U of Minnesota Press. This book was released on 2014-10-15 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 150 years since the birth of the petroleum industry oil has saturated our culture, fueling our cars and wars, our economy and policies. But just as thoroughly, culture saturates oil. So what exactly is “oil culture”? This book pursues an answer through petrocapitalism’s history in literature, film, fine art, wartime propaganda, and museum displays. Investigating cultural discourses that have taken shape around oil, these essays compose the first sustained attempt to understand how petroleum has suffused the Western imagination. The contributors to this volume examine the oil culture nexus, beginning with the whale oil culture it replaced and analyzing literature and films such as Giant, Sundown, Bernardo Bertolucci’s La Via del Petrolio, and Ben Okri’s “What the Tapster Saw”; corporate art, museum installations, and contemporary photography; and in apocalyptic visions of environmental disaster and science fiction. By considering oil as both a natural resource and a trope, the authors show how oil’s dominance is part of culture rather than an economic or physical necessity. Oil Culture sees beyond oil capitalism to alternative modes of energy production and consumption. Contributors: Georgiana Banita, U of Bamberg; Frederick Buell, Queens College; Gerry Canavan, Marquette U; Melanie Doherty, Wesleyan College; Sarah Frohardt-Lane, Ripon College, Matthew T. Huber, Syracuse U; Dolly Jørgensen, Umeå U; Stephanie LeMenager, U of Oregon; Hanna Musiol, Northeastern U; Chad H. Parker, U of Louisiana at Lafayette; Ruth Salvaggio, U of North Carolina, Chapel Hill; Heidi Scott, Florida International U; Imre Szeman, U of Alberta; Michael Watts, U of California, Berkeley; Jennifer Wenzel, Columbia University; Sheena Wilson, U of Alberta; Rochelle Raineri Zuck, U of Minnesota Duluth; Catherine Zuromskis, U of New Mexico.

Oil and Gas Production Handbook: An Introduction to Oil and Gas Production

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Author :
Publisher : Lulu.com
ISBN 13 : 1105538648
Total Pages : 84 pages
Book Rating : 4.1/5 (55 download)

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Book Synopsis Oil and Gas Production Handbook: An Introduction to Oil and Gas Production by : Havard Devold

Download or read book Oil and Gas Production Handbook: An Introduction to Oil and Gas Production written by Havard Devold and published by Lulu.com. This book was released on 2013 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

National Oil Companies and Value Creation

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821388320
Total Pages : 179 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis National Oil Companies and Value Creation by : Silvana Tordo

Download or read book National Oil Companies and Value Creation written by Silvana Tordo and published by World Bank Publications. This book was released on 2011-07-13 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Approximately two billion dollars a day of petroleum are traded worldwide, which makes petroleum the largest single item in the balance of payments and exchanges between nations. Petroleum represents the larger share in total energy use for most net exporters and net importers. While petroleum taxes are a major source of income for more than 90 countries in the world, poor countries net importers are more vulnerable to price increases than most industrialized economies. This paper has five chapters. Chapter one describes the key features of upstream, midstream, and downstream petroleum operations and how these may impact value creation and policy options. Chapter two draws on ample literature and discusses how changes in the geopolitical and global economic environment and in the host governments' political and economic priorities have affected the rationale for and behavior of National Oil Companies' (NOCs). Rather than providing an in-depth analysis of the philosophical reasons for creating aNOC, this chapter seeks to highlight the special nature of NOCs and how it may affect their existence, objectives, regulation, and behavior. Chapter three proposes a value creation index to measure the contribution of NOCs to social value creation. A conceptual model is also proposed to identify the factors that affect value creation. Chapter four presents the result of an exploratory statistical analysis aimed to determine the relative importance of the drivers of value creation. In addition, the experience of a selected sample of NOCs is analyzed in detail, and lessons of general applicability are derived. Finally, Chapter five summarizes the conclusions.

OPEC and the World’s Energy Future

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Author :
Publisher : CRC Press
ISBN 13 : 1000391132
Total Pages : 73 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis OPEC and the World’s Energy Future by : Mohammed A. Alsahlawi

Download or read book OPEC and the World’s Energy Future written by Mohammed A. Alsahlawi and published by CRC Press. This book was released on 2021-05-27 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: OPEC and the World’s Energy Future offers a complete account of OPEC’s past, present, and possible future in relation to economic, political, and technological changes. It focuses on the impacts of recent international political and economic developments and analyzes the factors affecting OPEC as well as the world oil market. Offers readers a thorough understanding of the interplay among international economics, politics, and technological advances and their effect on the world oil market Describes the continued importance of oil and gas as major sources of energy throughout the world Examines OPEC’s history and merits, highlights differences among OPEC members, and discusses OPEC’s relations with the outside world Illustrates the impact of new technologies and how they may challenge and change the organization in the near and long term Aimed at policy makers, managers, scientists, and technologists in the oil and gas industry, this work offers readers a thorough understanding of the interplay among international economics, politics, and technological advances and their effect on the world oil market.

Fossil Future

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Author :
Publisher : Penguin
ISBN 13 : 0593420411
Total Pages : 481 pages
Book Rating : 4.5/5 (934 download)

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Book Synopsis Fossil Future by : Alex Epstein

Download or read book Fossil Future written by Alex Epstein and published by Penguin. This book was released on 2022-05-24 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestselling author of The Moral Case for Fossil Fuels draws on the latest data and new insights to challenge everything you thought you knew about the future of energy For over a decade, philosopher and energy expert Alex Epstein has predicted that any negative impacts of fossil fuel use on our climate will be outweighed by the unique benefits of fossil fuels to human flourishing--including their unrivaled ability to provide low-cost, reliable energy to billions of people around the world, especially the world’s poorest people. And contrary to what we hear from media “experts” about today’s “renewable revolution” and “climate emergency,” reality has proven Epstein right: Fact: Fossil fuels are still the dominant source of energy around the world, and growing fast—while much-hyped renewables are causing skyrocketing electricity prices and increased blackouts. Fact: Fossil-fueled development has brought global poverty to an all-time low. Fact: While fossil fuels have contributed to the 1 degree of warming in the last 170 years, climate-related deaths are at all-time lows thanks to fossil-fueled development. What does the future hold? In Fossil Future, Epstein, applying his distinctive “human flourishing framework” to the latest evidence, comes to the shocking conclusion that the benefits of fossil fuels will continue to far outweigh their side effects—including climate impacts—for generations to come. The path to global human flourishing, Epstein argues, is a combination of using more fossil fuels, getting better at “climate mastery,” and establishing “energy freedom” policies that allow nuclear and other truly promising alternatives to reach their full long-term potential. Today’s pervasive claims of imminent climate catastrophe and imminent renewable energy dominance, Epstein shows, are based on what he calls the “anti-impact framework”—a set of faulty methods, false assumptions, and anti-human values that have caused the media’s designated experts to make wildly wrong predictions about fossil fuels, climate, and renewables for the last fifty years. Deeply researched and wide-ranging, this book will cause you to rethink everything you thought you knew about the future of our energy use, our environment, and our climate.

The Prize

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Author :
Publisher : Simon and Schuster
ISBN 13 : 1471104753
Total Pages : 1094 pages
Book Rating : 4.4/5 (711 download)

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Book Synopsis The Prize by : Daniel Yergin

Download or read book The Prize written by Daniel Yergin and published by Simon and Schuster. This book was released on 2012-09-11 with total page 1094 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Prize recounts the panoramic history of oil -- and the struggle for wealth power that has always surrounded oil. This struggle has shaken the world economy, dictated the outcome of wars, and transformed the destiny of men and nations. The Prize is as much a history of the twentieth century as of the oil industry itself. The canvas of this history is enormous -- from the drilling of the first well in Pennsylvania through two great world wars to the Iraqi invasion of Kuwait and Operation Desert Storm. The cast extends from wildcatters and rogues to oil tycoons, and from Winston Churchill and Ibn Saud to George Bush and Saddam Hussein. The definitive work on the subject of oil and a major contribution to understanding our century, The Prize is a book of extraordinary breadth, riveting excitement -- and great importance.

Blood and Oil

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Author :
Publisher : Metropolitan Books
ISBN 13 : 1429900571
Total Pages : 306 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Blood and Oil by : Michael T. Klare

Download or read book Blood and Oil written by Michael T. Klare and published by Metropolitan Books. This book was released on 2007-04-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of Resource Wars, a landmark assessment of the critical role of petroleum in America's actions abroad In his pathbreaking Resource Wars, world security expert Michael T. Klare alerted us to the role of resources in conflicts in the post-Cold War world. Now, in Blood and Oil, he concentrates on a single precious commodity, petroleum, while issuing a warning to the United States-its most powerful, and most dependent, global consumer. Since September 11th and the commencement of the "war on terror," the world's attention has been focused on the relationship between U.S. foreign policy in the Middle East and the oceans of crude oil that lie beneath the region's soil. Klare traces oil's impact on international affairs since World War II, revealing its influence on the Truman, Eisenhower, Nixon, and Carter doctrines. He shows how America's own wells are drying up as our demand increases; by 2010, the United States will need to import 60 percent of its oil. And since most of this supply will have to come from chronically unstable, often violently anti-American zones-the Persian Gulf, the Caspian Sea, Latin America, and Africa-our dependency is bound to lead to recurrent military involvement. With clarity and urgency, Blood and Oil delineates the United States' predicament and cautions that it is time to change our energy policies, before we spend the next decades paying for oil with blood.