An exploration of the social and environmental consequences of oil extraction in the tropical rainforest. Using northern Veracruz as a case study, the author argues that oil production generated major historical and environmental transformations in land tenure systems and uses, and social organisation. Such changes, furthermore, entailed effects, including the marginalisation of indigenes, environmental destruction, and tense labour relations. In the context of the Mexican Revolution (1910-1920), however, the results of oil development did not go unchallenged. Mexican oil workers responded to their experience by forging a politicised culture and a radical left militancy that turned 'oil country' into one of the most significant sites of class conflict in revolutionary Mexico. Ultimately, the book argues, Mexican oil workers deserve their share of credit for the 1938 decree nationalising the foreign oil industry - heretofore reserved for President Lazaro Cardenas - and thus changing the course of Mexican history.

Catholic Herald Book Awards 2019 Finalist, Current Affairs "Auzanneau has created a towering telling of a dark and dangerous addiction."-Nature 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.

A sound knowledge of different facets of petro-Economics is a economics is a sine quo non particularly for the petro-chemical sectors dealing with exploration, development, production, refining, transportation. Storage and marketing of oil, natural gas and a wide range of petro- products. Evolution and application of the concept of petro-economics, following the first-ever major ' oil shock' in the early 1970s has gained strategic significance and tremendous momentum from the first decade of the 21st century on the following ground: (i) Emerging need for integration of national energy security with global energy security environment; (ii) Growing concern for safeguarding dwindling strategic oil and natural gas reserves to cater to the growing economy in the developing world (particularly the BRIC nations) with much greater projected future demand for oil and natural gas; (iii) segmentation of the global oil and natural gas market on a geo-political basis, compounded by the overwhelming ramifications of regional economic unions; (iv) price structuring, rationalization/ parity, and attendant accounting problems of oil and natural gas in terms of upstream, midstream, downstream, marketing/ retailing activities associated with crudes, refined oil and natural gas (including LNG, CNG) products.

While billions have been provided to rebuild Iraq's oil and electricity sectors, Iraq's future needs are significant and sources of funding uncertain. For fiscal years 2003 through 2006, the United States made available about $7.4 billion and spent about $5.1 billion to rebuild the oil and electricity sectors. The United States spent an additional $3.8 billion in Iraqi funds on the two sectors, primarily on oil and electricity sector contracts administered by U.S. agencies. However, according to various estimates and officials, Iraq will need billions of additional dollars to rebuild, maintain, and secure Iraq's oil and electricity sectors. The Ministry of Electricity estimates that about $27 billion will be needed to meet the sector's future rebuilding requirements; a comparable estimate has not been developed by the Ministry of Oil. Since the majority (about 70 percent) of U.S. funds has been spent, the Iraqi government and the international donor community represent important sources of potential funding. However, prospects of such funding are uncertain. First, the Oil and Electricity Ministries have encountered difficulties spending capital improvement budgets because of weaknesses in budgeting, procurement, and financial management. As of November 2006, the Ministry of Oil had spent less than 3 percent of its $3.5 billion 2006 capital budget to improve Iraq's oil facilities. Second, Iraq has not made full use of potential international contributions and it is unclear what additional financial commitments, if any, will be provided to Iraq's oil and electricity sectors as part of a new international compact (agreement), according to U.S. officials. As of March 2007, donors had committed $580 million in grants for the electricity sector and had offered loans for oil and electricity projects; however, Iraq has not accessed these loans in part due to concerns about its high debt burden.

Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels. They look at the potential of new global oil revolutions to bring the upward price push to an end and examine the implications of this turnaround for the world economy, as well as for politics, diplomacy, military interventions and the efforts to stabilize climate. This book will appeal to a wide readership of both academics and professionals working in the energy industry, as well as to general readers interested in the ongoing debate about oil prices.

The United States is highly dependent on foreign oil. Well over half of the oil and petroleum products consumed in America--approximately 12 million barrels per day, or more than 600 gallons for every man, woman, and child each year--now come from abroad. And the U.S. government projects that the level of imports will only continue to rise, reaching between 16 and 21 million barrels per day by 2025.
What precisely are the costs of U.S. foreign oil dependence? Unfortunately, no one has yet offered a satisfactory answer to this vital question. As a result, the costs to the United States of its dependence on oil from abroad have gone largely unrecognized and, in fact, are much greater than most people realize. Some costs, like the annual bill for oil imports--and, by reflection, the price that motorists pay at the pump or the size of homeowners' heating oil bills--are obvious and quantifiable. A number of others, however, are not so apparent or easy to measure. For example, it is difficult to put a price tag on the costs of coddling oil-rich authoritarian regimes at the expense of promoting representative government, human rights, and other important values.
This book seeks to remedy this oversight by providing the first comprehensive analysis of the costs--both economic and policy-related--of U.S. foreign oil dependence and how they might be reduced. It shows that since the 1970s, the economic costs alone have run into the trillions of dollars. Successive administrations have tended to neglect the opportunities at home to reduce these costs by limiting demand. Instead, they have emphasized foreign and military policies that have proven both highly expensive and largelyunsuccessful.
One positive conclusion the author draws is that the opportunities for reducing oil consumption remain largely unexploited and the costs of U.S. foreign oil dependence can still be substantially reduced at relatively little expense. At least as important, however, will be rethinking and revising the expensive foreign, security, and military policies and commitments that have developed around U.S. foreign oil dependence over the past three decades.

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.

An invaluable reference for graduate students and academic researchers, this book introduces the basic terminology, methods and theory of the physics of flow in porous media. Geometric concepts, such as percolation and fractals, are explained and simple simulations are created, providing readers with both the knowledge and the analytical tools to deal with real experiments. It covers the basic hydrodynamics of porous media and how complexity emerges from it, as well as establishing key connections between hydrodynamics and statistical physics. Covering current concepts and their uses, this book is of interest to applied physicists and computational/theoretical Earth scientists and engineers seeking a rigorous theoretical treatment of this topic. Physics of Flow in Porous Media fills a gap in the literature by providing a physics-based approach to a field that is mostly dominated by engineering approaches.

Kirkuk is Iraq's most multilingual city, for millennia home to a diverse population. It was also where, in 1927, a foreign company first struck oil in Iraq. Over the following decades, Kirkuk became the heart of Iraq's booming petroleum industry. City of Black Gold tells a story of oil, urbanization, and colonialism in Kirkuk—and how these factors shaped the identities of Kirkuk's citizens, forming the foundation of an ethnic conflict. Arbella Bet-Shlimon reconstructs the twentieth-century history of Kirkuk to question the assumptions about the past underpinning today's ethnic divisions. In the early 1920s, when the Iraqi state was formed under British administration, group identities in Kirkuk were fluid. But as the oil industry fostered colonial power and Baghdad's influence over Kirkuk, intercommunal violence and competing claims to the city's history took hold. The ethnicities of Kurds, Turkmens, and Arabs in Kirkuk were formed throughout a century of urban development, interactions between communities, and political mobilization. Ultimately, this book shows how contentious politics in disputed areas are not primordial traits of those regions, but are a modern phenomenon tightly bound to the society and economics of urban life.

Oil, an integral part of the contemporary global economy, is considered a driving force behind the 2003 invasion of Iraq. Hydrocarbon reserves in Iraq have a significant role to play in global supply, with oil revenue accounting for more than 90% of Iraqi government income. This book provides a comprehensive insight into the key foundations of Iraq's oil industry and assists in the development of a core area of domestic law to promote economic recovery following years of instability. It addresses the development of oil legislation and the formation of contracts since the US and allied occupation of Iraq in 2003. Legislation is assessed against the framework of the constitution along with the different types of oil agreements and their terms. The book looks at three main aspects of oil legislation, beginning with the validity and interpretation of the constitution as any subsequent legislation governing oil policy will be based upon this. The work then discusses whether the draft oil and gas law of 2007 and any subsequent oil legislation, including the law implemented by the Kurdish Regional Government in 2007, is valid. Finally, the book analyses the legitimacy of oil agreements entered into by the central and regional governments and whether these contain terms beneficial to the state and contracting party. Providing an in-depth analysis of the origins and development of the legal framework of the oil industry in Iraq, the book acts as both a reference source and a springboard for future research across a range of legal, economic and policy perspectives. It will appeal to practitioners and academics working in energy law and international investment law, as well as policy-makers, legal advisors and those working in governments and energy companies.

Oil pulses through our daily lives. It is the plastic we touch, the food we eat, and the way we move. Oil politics in the twentieth century was about the management of abundance, state power, and market growth. The legacy of this age of plenty includes declining conventional oil reserves, volatile prices, climate change, and enduring poverty in many oil-rich countries. The politics of oil are now at a turning point, and its future will not be like its past. In this in-depth primer to one of the world s most significant industries, authors Gavin Bridge and Philippe Le Billon take a fresh look at the contemporary political economy of oil. Going beyond simple assertions of peak oil and an oil curse, they point to an industry reordered by global shifts in demand toward Asia, growing reliance on unconventional reserves, international commitments to reduce carbon emissions, a growing campaign for fossil fuel divestment, and violent political struggles in many producer states. As a new geopolitics of oil emerges, the need for effective global oil governance becomes imperative. Highlighting the growing influence of civil society and attentive to the efforts of firms and states to craft new institutions, this fully updated second edition identifies the challenges and opportunities to curtail price volatility, curb demand and the growth of dirty oil, decarbonize energy systems, and improve governance in oil-producing countries.

What should a country do if it suddenly discovers oil and gas? How should it spend the subsequent cash windfall? How can it protect against corruption? How can citizens truly benefit from national wealth? With many of the world's poorest and most fragile states suddenly joining the ranks of oil and gas producers, these are pressing policy questions.

"Oil to Cash" explores one option that may help avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. "Oil to Cash" details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

The Kahans from Baku is the saga of a Russian Jewish family. Their story provides an insight into the history of Jews in the Imperial Russian economy, especially in the oil industry. The entrepreneur and family patriarch, Chaim Kahan, was a pious and enlightened man and a Zionist. His children followed in his footsteps in business as well as in politics, philanthropy, and love of books. The book takes us through their forced migration in times of war, revolution, and the twentieth century's totalitarian regimes, telling the story of fortune and misfortune of one cohesive family over four generations through Russia, Germany, Denmark, and France, and finally on to Palestine and the United States of America.

In this intrepid study, noted Nigerian historian Onianwa Oluchukwu Ignatus investigates the air war component of the Nigerian-Biafran War, a crucial postcolonial conflict in Africa. It focuses on the Biafra's air operations against oil installations and facilities owned by multinational oil companies in Nigeria. In addition to exploring global airpower historiography, this study explores the tactical aspects of how the renewed air war changed the military equation of the conflict when both sides were at loggerheads in peace settlement and relief arrangements. This episode was important in postcolonial military history of Africa, when modern air weapons were developed at the local level for offensive military capability. While the air operations of the Biafrans were sporadic yet destructive, they caused considerable damage to public utilities in Nigeria. Internally, the air attacks paved the way for internal disturbances in the oil producing areas by damaging oil companies' activities and the reducing foreign investment. Externally, it caused a loss of confidence in Nigeria. The Biafran air offensive proved to be the key strategy in Nigeria's response to the crisis, which focused on neutralizing Biafran airpower.

The fire was visible from seventy miles away and the heat generated was so intense that a helicopter could only circle the rig at a perimeter of one mile. On the surface of the sea, a converted fishing trawler inched as close as possible, but the paint on the vessel’s hull blistered and burnt. In the water surrounding the inferno, men’s heads could be seen bobbing like apples as their yellow hard hats melted with the heat.

On 6 July 1988 a series of explosions ripped through the Piper Alpha oil platform, 110 miles north-east of Aberdeen in the North Sea. Ablaze with 226 men on board, the searing temperatures caused the platform to collapse in just two hours. Only sixty-one would survive by leaping over 100 feet into the water below.

Newly updated for the thirtieth year since the tragedy, Fire in the Night by journalist Stephen McGinty tells in gripping detail the devastating story of that summer evening. Combining interviews with survivors, witness statements and transcripts from the official inquiry into the disaster, this is the moving and vivid tale of what remains the worst offshore oil-rig disaster to date.

The Answer Is Still No is an important, urgent book that compiles interviews with people who live along the route of the proposed Enbridge pipeline in Northern British Columbia. The oil pipeline and supertankers - linking the tar sands of Alberta to the demand of the growing Asian market - are a key component of Canada's strategy of natural resource extraction. But for the people living along the proposed pipeline route, Enbridge poses a massive environmental risk, which threatens their way of life. This edited collection takes the passionate words and voices of twelve citizens and activists and results in one powerful position when it comes to blind economic development at the expense of our environment and communities: The answer is still "no." "The oil and gas industry has wanted into the west coast for decades. This is an ongoing struggle between the people who live here and have access to the marine resources now, the fish, and the industry, which wants in either for tanker traffic or offshore drilling. The government is on the oil industry side and they implement policies to weaken us." - Luanne Roth, Prince Rupert "[There is] is a great saying: 'If we don't speak for the animals, the fish and the birds, who will?' Simple, very simple, very to the point. And how could we give up something that our great-great-grandchildren will ask us one day 'Why don't we have this anymore? Why didn't you stop this then?' We don't have a right to let that happen." - John Ridsdale, Hereditary Chief Na'Moks, Office of the Wet'suwet'en

Responding to the latest developments in rock physics research, this popular reference book has been thoroughly updated while retaining its comprehensive coverage of the fundamental theory, concepts, and laboratory results. It brings together the vast literature from the field to address the relationships between geophysical observations and the underlying physical properties of Earth materials - including water, hydrocarbons, gases, minerals, rocks, ice, magma and methane hydrates. This third edition includes expanded coverage of topics such as effective medium models, viscoelasticity, attenuation, anisotropy, electrical-elastic cross relations, and highlights applications in unconventional reservoirs. Appendices have been enhanced with new materials and properties, while worked examples (supplemented by online datasets and MATLAB (R) codes) enable readers to implement the workflows and models in practice. This significantly revised edition will continue to be the go-to reference for students and researchers interested in rock physics, near-surface geophysics, seismology, and professionals in the oil and gas industries.

Many leading experts contribute to this follow-up to An Introduction to Reservoir Simulation using MATLAB/GNU Octave: User Guide for the MATLAB Reservoir Simulation Toolbox (MRST). It introduces more advanced functionality that has been recently added to the open-source MRST software. It is however a self-contained introduction to a variety of modern numerical methods for simulating multiphase flow in porous media, with applications to geothermal energy, chemical enhanced oil recovery (EOR), flow in fractured and unconventional reservoirs, and in the unsaturated zone. The reader will learn how to implement new models and algorithms in a robust, efficient manner. A large number of numerical examples are included, all fully equipped with code and data so that the reader can reproduce the results and use them as a starting point for their own work. Like the original textbook, this book will prove invaluable for researchers, professionals and advanced students using reservoir simulation methods. This title is available as Open Access on Cambridge Core.

This book offers a new look at the oil industry in West Africa, proposing to examine the entire region that has been viewed through the lens of Nigeria, Ghana and Gabon. The author argues that, in order to address peace and stability in the region, it is important to understand the transformative powers of petroleum revenue. The project also includes the author's analysis of the problem on multiple levels: international oil companies, states, and local communities. Also, it takes a deeper look at the effects and importance of local communities in the above countries and discusses adequately the strategic challenges that petro-capitalism poses for West Africa's regional stability and human security.

This book seeks to consistently explain the role of ideas and institutions in policy outcomes, and addresses the problem of how resource nationalism causes a deficit of public accountability in oil producing countries from Latin America and the Caribbean. The authors present a causal mechanism linking ideas and policy outcomes through institutional arrangements, focusing on policy design to describe the role of instruments selection and combination in improving or reducing public accountability through agenda setting, policy formulation, cross-sectorial coordination and political interplays.

This may be the most important book you or anyone else will read in the next fifty years. Assuming humanity survives that long. Draining the lifeblood of industrial civilization, the terminal decline of oil and gas production will spark a crisis far more dangerous than international terrorism, and more urgent than climate change. World leaders know it, so why aren't they telling? The last oil shock is the secret behind the crises in Iraq and Iran, the reason your gas bill is going through the roof, the basis of a secret deal cooked up in Texas between George Bush and Tony Blair, the cause of an imminent and unprecedented economic collapse, and the reason you may soon be kissing your car keys and boarding pass goodbye. David Strahan explains how we reached this critical state, how the silence of governments, oil companies and environmentalists conspires to keep the public in the dark, what it means for energy policy, and what you can do to protect yourself and your family from the ravages of the last oil shock.

The effort to address climate change cuts across a wide range of non-environmental actors and policy areas, including international economic institutions such as the Group of Twenty (G20), International Monetary Fund (IMF), and the Organisation for Economic Co-operation and Development (OECD). These institutions do not tend to address climate change so much as an environmental issue, but as an economic one, a dynamic referred to as 'economisation'. Such economisation can have profound consequences for how environmental problems are addressed. This book explores how the G20, IMF, and OECD have addressed climate finance and fossil fuel subsidies, what factors have shaped their specific approaches, and the consequences of this economisation of climate change. Focusing on the international level, it is a valuable resource for graduate students, researchers, and policymakers in the fields of politics, political economy and environmental policy. This title is also available as Open Access.

This book captures the dynamic relationship between COVID-19 pandemic, crude oil prices and major stock indices as well as the crude oil prices and stock market volatility that have been caused due to outbreak of this pandemic. The pandemic has changed the world melodramatically and major world markets collapsed in the beginning, affecting major industries in an unprecedented way. The book will be useful to the researcher in the field of finance and economics, and policy makers both at government and private level, keeping in view the present state of economy throughout the world.

Despite the growing demand for design strategies to reduce our petroleum use, no one has yet brought together the lessons of the world's leading post-petroleum designers into a single resource. Post-Petroleum Design brings them together for the first time. Readers will be introduced to the most current, innovative, plastic-and petroleum-free products and projects in industrial design, architecture, transportation, electronics, apparel and more. Post-Petroleum Design explores firsthand the client and consumer motivations behind the demand, and shares the case studies, principles, best practices, risks and opportunities of the world's leading post-petroleum design experts who are already meeting that demand. It introduces 40 inspiring individuals from across the globe; people like Eben Bayer, the American innovator whose company, Ecovative, is growing houses from mushrooms; Mohammed Bah Abba, whose Zeer Pot is helping families keep produce fresh in the sweltering Nigerian summer without electricity; and the engineers at Mercedes-Benz Advanced Design Studios whose Biome car evolves from genetically engineered DNA. Post-Petroleum Design gives design professionals the information they need to research, evaluate, and select materials, technologies and design strategies that meet the growing demand for sustainable design, plastic-free materials and process energy conservation. Designer profiles, studies, statistics and many colour illustrations all highlight the work-some of the best design work to be found anywhere, and showcased here for the first time.