This volume, originally published in 1983 investigates join venture participants in outer continental shelf sales from institutional, theoretical and statistical points of view. It includes a section on the 1975 joint bidding ban, which reviews the principal study which led to the ban and several which are critical of it. The study of ofshore leasing sales goes far beyond the field of economics and this volume will therefore be of interest to those in geology and geophysics, finance, law, politics and statistics.

Published in 1971: At first glance it might seem that the three subjects dealt with in the essays written over the last twenty years and now collected in this volume could hardly be more diverse, beginning with the growth of the firm and moving from the international petroleum industry to the Middle East generally. Oddly enough, however, these subjects are connected by the same type of historical logic that characterizes the diversification of an industrial firm: the logic in the simple principle that one thing leads to another.

In 1984, the oil, chemical and atomic workers began a 5-year campaign to win back the jobs of its members locked out by the BASF Corp. in Geismar, Louisiana. The multiscale campaign involved coalitions with local environmentalists as well as international solidarity from environmental and religious organizations. The local coalition which helped break the lockout was maintained and expanded in the 1990s. This alliance is one of numerous labor-community coalitions to emerge increasingly over the past 20 years.""Labor-Environmental Coalitions: Lessons from a Louisiana Petrochemical Region"" traces the development of the Louisiana Labor-Neighbor Project from 1985 to the present, within the context of a long history of divisions between labor and community in the U.S. The Project continued after the lockout, thriving during 1990s, expanding from one community to four counties to include 20 local member organizations, and broadening its agenda from the original jobs crisis and pollution problems to address a wide range of worker, environmental health, and economic justice issues."" Labor-Environmental Coalitions"" explores the dynamics of the Louisiana coalition to offer lessons for other coalition efforts. The book seeks to understand coalitions as a necessary strategy to counteract the dominant forces of capitalist development. The author contends that the Labor-Neighbor Project, like labor-community coalitions generally, created a unique blend of politics shaped by the geographic nature industry's politics; by the relative openness of government; and by the class experience of labor and community members.The Louisiana Project demonstrates that for labor-community coalitions to thrive they must broaden their agenda, strengthen their leadership and coalition-building skills, and develop access to multiscale resources. The author argues that for labor-community coalitions to have longer term political impact, they should adopt an explicitly progressive approach by building a broader class and cultural leadership, and by demanding state and corporate accountability on economic, public health, and environmental justice issues.

Oil and Terrorism in the New Gulf examines the national security implications of U.S. energy security policies in the Middle East, and the emerging U.S. involvement in oil exploration and extraction in West Africa. Similar political, social, and economic challenges--poverty, corruption, lack of infrastructure, and weak governments--are seen in the oil-producing states of both the Middle East and Africa. Drawing comparisons between these two regions allows Forest and Sousa to formulate policy recommendations for how to handle foreign policy toward Africa in the future based on lessons learned from past interaction with the Middle East. Oil and Terrorism in the New Gulf promises to inform a lively debate over the future of U.S. foreign policies toward Africa and is a valuable resource for policymakers and the academic community that should be approached in a coherent, integrated fashion to ensure the success of the United State's energy and national security agendas.

The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.

Comparative analyses of social actors and policy outcomes in Bahia and Texas show the similarities and differences in the actors and the policies adopted in each case. As a result of historical and structural developments in Bahia and Texas, Cetrel operates under pollution-control standards and technologies for protecting the environment and workers that are similar to those of the GCA. This convergent trend is characterized as dependent convergence between developing and developed countries. The author makes recommendations for stronger international solidarity among progressive forces in developed and developing countries to promote preventive alternatives to pollution control.

The book, a joint work of the African Development Bank and the African Union, presents a comprehensive analysis of the oil and gas resources in Africa. It uniquely highlights, through country examples, and with an African focus but a global perspective, the specific challenges and constraints facing the continent as a whole in the exploitation and utilization of its oil and gas resources. It partly draws on a model that simulates the impact of high oil prices on African economies, a model that was developed by the Research Department of the Bank in a separate study. The roles of AfDB and AU are analyzed, considering their differing, but complementary, mandates geared towards the development of the continent. Finally, the book includes recommendations on the future directions and actions for maximizing benefits of Africa's oil and gas resources.

With their phenomenal growth rates, India and China are surging ahead as world economic powers. Due to increasing instability in the Middle East, they have turned to Africa to procure oil to fuel their industrialisation process. Africa's economy stands to be impacted in various ways due to the increasing interaction with these 'Asian Giants'. This book analyses the acquisition of oil blocks by Indian and Chinese oil corporations in eleven West African countries. It describes the differences in how India and China mobilise oil externally to meet their respective goals and objectives. The book examines the rate of return on capital, rate of interest on loans and the ease of availability of loans, the difference in the level of technology and ability to acquire technology, project management skills, risk aversion, valuation of the asset and the difference in the economic, political and diplomatic support received by the Chinese and Indian oil companies from their respective governments. It is argued that the difference in the relative economic and political power of India and China accounts for the ability of Chinese oil companies to outbid their Indian competitors and/or be preferred as partners by international oil companies. Containing interviews from Indian and Chinese oil company executives, government officials, industry officials, former diplomats and scholars and academics from India, China and the UK, this book makes a valuable contribution to existing literature on India, China and the oil industry in West Africa. It will be a valuable resource for academics in the field of International Relations, Foreign Policy Analysis, Asian Business and Economics.

This book examines the political and conceptual metamorphosis of China's oil industry from self-reliance to internationalization. Through the empirical case study of Daqing, the premiere oilfield of the People's Republic of China (PRC) for most of the postwar period and a symbol of industrialization as well as self-reliance, key historical developmental concepts and events are analyzed. Japan's role in stimulating the development of the China's oil industry will also be highlighted as the Japanese government and its business sectors emerged as a supplier of technology and equipment to the Chinese oil industry as well as China's first major oil customer in the early internationalization phase of the PRC's oil industry.

This book presents a critical analysis of the 'resource curse' doctrine and a review of the international evidence on oil and urban development to examine the role of oil on property development and rights in West Africa's new oil metropolis - Sekondi-Takoradi, Ghana. It seeks answers to the following questions: In what ways did the city come into existence? What changes to property rights are oil prospecting, explorations, and production introducing in the 21st century? How do the effects vary across different social classes and spectrums? To what extent are local and national institutions able to shape, restrain, and constrain trans-national oil-related accumulation and its effects on property in land, property in housing (residential, leisure, and commercial), and property in labour? How do these processes connect with the entire urban system in Ghana? This book shows how institutions of varying degrees of power interact to govern land, housing, and labour in the city, and analyses how efficient, sustainable, and equitable the outcomes of these interactions are. It is a comprehensive account of the tensions and contradictions in the main sectors of the urban economy, society, and environment in the booming Oil City and will be of interest to urban economists, development economists, real estate economists, Africanists and urbanists.

The concept of 'good governance' is of increasing importance, and is used by international organizations to ensure reasonable conformity to high standards in states which participate in the global trading regime and other international activities. This book examines the concept of good governance and how it is applied in the states of the Gulf Co-operation Council. These states are particularly important because of their strategic location and massive oil wealth. Moreover, as monarchies, in most cases without powerful democratic representative bodies, and as Islamic countries, with a different outlook from countries of the West, Western standards of good governance may need to be modified in order for them to be implemented effectively.

The relationship between the price of oil and the level of economic activity is a fundamental issue in macroeconomics. There is an ongoing debate in the literature about whether positive oil price shocks cause recessions in the United States (and other oil-importing countries), and although there exists a vast empirical literature that investigates the effects of oil price shocks, there are relatively few studies that investigate the direct effects of uncertainty about oil prices on the real economy. The book uses recent advances in macroeconomics and financial economics to investigate the effects of oil price shocks and uncertainty about the price of oil on the level of economic activity.

This colorful and informative book is the latest offering by Rick Pease. Rick's fourth book is filled with more than 800 photographs of Texaco items dating back to the early 1900s. Touring with Texaco will take you on a pictorial tour of the many U.S. and foreign products produced Texaco. Also included are some very interesting and nostalgic black and white photographs of early Texaco stations around the world. For anyone interested in petroleum collectibles, especially those made by Texaco, this definitive guide will give you a good look at a broad range of items collectors are looking for.

The South Caucasus has established itself as a corridor for transporting energy from Azerbaijan to Georgia, Turkey, and on to Europe, symbolized by the Baku-Tbilisi-Ceyhan oil pipeline. This new infrastructure has created an east-west "Eurasian bridge" in which transnational extra-regional actors, especially the European Union and international financial institutions, have played a critical role. This book offers an original exploration of integration in the energy and transport sectors amongst Azerbaijan, Georgia, and Turkey, and the capacity of this to fundamentally change relations between these countries. In the period studied, from the mid-1990s to 2008, integration in energy and transport did not result in broader political, security, and sociocultural integration in any significant way. The author sets his analysis in a theoretical framework, drawing on theories of integration, but also grounds it in the detailed, empirical knowledge that is the measure of true expertise.

First published in 1993, this book traces and analyses the changing policies of American offshore oil companies concerning the exploration and development of the Outer Continental Shelf in the period from 1970 to 1976 - covering environmental legislation, the oil embargo, presidential initiatives, and proposed international laws. Where previous studies concerning the Outer Continental Shelf had only examined broad policy issues on an international level, this study focuses on those American offshore companies who were major actors in ocean affairs, especially in the exploration and development of the region.

Written in 1985, at a time when the world oil industry was facing a difficult period of over-supply and falling prices, this book examines some of the most important strategic issues facing both the producers and consumers of oil and gas. A theme underlying al the papers is the need for strengthening the co-operation between producing and consuming nations, especially between the Arab Gulf States and the members of the EU. The security of supply is also examined in the light of regional instability and peace in the Middle East.

This volume, originally published in 1982, brings together economists, political scientists and industry experts to explain OPEC's past achievements and future (in the early 1980s) prospects. The book opens with a clear, concise amd easy to follow treatment of the economics of exhaustible resources under monopoly and competition, the framework frequently used to examine pricing issues. The role of wealth maximisation, wealth satisficing and political factors as OPEC objectives are discussed and implications for world oil prices assessed. The stability of OPEC and the limitations of its pricing policy are examined and OPEC oil pricing and importers' policies analysed.

This volume, originally published in 1983, analyses the extent to which American dominance in world affairs is based on the control of oil resources and the changes which will inevitably take place with the end of the oil era. The author concludes that the USA will be forced to take part in a struggle to control both the new sources of energy and the new technology which must be developed to make use of them.

This book discusses the oil industry and its impact on the world economy in the twentieth century. It examines the importance of oil in different sectors, from 1900-1973 and stresses the relevance of oil as a factor in modern economic history not only in national terms but also within an international context. The book includes chapters on American policy towards developing economies in the first half of the 20th century; the policy of Russian oil exports in the 20s and 30s; the financing of the German and French oil industries; and the role of oil in the Japanese economy, a major industrial country without oil resources. On the international front, the book covers the impact of the Middle East national oil companies, the effect of oil on the developing countries of South Ameirca and the relevance of the oil crisis of 1973.

For many years, vertical integration characterized the international oil industry, with the same company controlling the entire process from crude exploration and production to the retailing. This structure was radically transformed in the 1970s and this book, originally published in 1984, examines whether the dis-integration which resulted was a long-term trend or a temporary phase. It examines the attitude of the major international oil companies, discusses the policies adopted by oil producing and oil importing countries, and the limits of 'government to government' deals underlined. The political and strategic implications of re-integration are explored, and relations between oil exporters and importers, and between the USA, Europe and the Arab world discussed.

This book, originally published in 1996, traces the development of US government policy toward the oil industry during the 1920s and 1930s when the domestic syustem of production control was established. It then charts the deveopment and collapse of oil import controls, and the wild scramble for economic rents generated by Government regulation. It discusses the two oil crises and the 'phantom' Gulf War crisis, and the importance of public opinion in shaping the policy agenda. It also provides an in-depth study of Congressional oil votes from the 1950s to the 1980s and the formation of oil policy, beginning with theories of economic regulation, the role of interest groups in developing the policy agenda and the role of money in politics.

Originally published in 1980, this book presents a comparative analysis of British and Norwegian oil policies, focusing on the interdependence and bargaining relationship between governments and oil companies, as well as the policy choices, concerns and constraints for the two governments. The perspective is largely that of a government planner, whose main concerns are the long-term and complex interests of the state, orderly development as well as social and political stability.

Addressing the major issues arising from the power ascribed to the Organization of the Petroleum Exporting Countries (OPEC), this book reflects the bredth, expertise and multifaceted viewpoints of the contributors: members of OPEC itself, industry representatives, and scholars and energy specialists from the USA, Europe and the Middle East. Throughout the book, the authors look at the potential of OPEC, discernible trends in such crucial areas as global petroleum supply and pricing, and the international economic and political implications of both.

Out of sight, out of mind. That's the general public's reaction to the crucial movement of oil around the world's oceans. Yet this vital supply chain that allows the world to function is constantly under enormous, largely unreported pressure. The uninterrupted flow of oil is essential to globalization and increasingly so as manufacturing and markets move Eastwards to Asia. However, it is threatened by conflicts between nation states, pirates and global warming. All too often the movement of oil by ocean is something taken for granted by the majority of the world yet it is fraught with difficulty, and could haemorrhage global growth if issues covered in this book are not resolved or allowed to escalate. From reporting onboard giant tankers to looking at the geopolitical shift in oil consumption, "Oil on Water" is holistic, all encompassing and engrossing look at the way oil is moved and consumed mixing reportage, examples and hard-hitting facts.