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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Petroleum & oil industries
The World Naked Bike Ride is a global protest against oil dependency and urban pollution, promoting greater cycling safety on our roads, and encouraging body freedom for everyone. This book visually describes the environmental awareness event that is the WNBR, the history of how it started, the people who take part, and the motivations behind this very public and urgent demonstration. Including 250 photographs and images. Written and compiled by Richard Foley. With a foreword by Conrad Schmidt.
As Hitler's Einsatzgruppen (mobile SS killing units) marched into the Soviet Union directly behind the advancing Wehrmacht to murder Jews and others, less well-known units were also following in the footsteps of the German armed forces. They were called, among other things, petroleum units, petroleum commissions, or technical brigades. Their mission was to seize and exploit the oil-producing areas of the conquered territories. Following the pillaging of oil in Poland, France, and the Low Countries, these predatory units were the latest examples of Nazi Germany's relentless efforts before and during World War II to achieve self-sufficiency in fuel. But only in the East - first in the Soviet Union and then in the Middle East - could Hitler find sufficient quantities of oil to free Germany of all external dependency and to provide the resources he needed to wage war indefinitely. To achieve his aim Hitler envisioned his armored columns advancing through North Africa and the Caucasus to a juncture somewhere in the Near East in what the historian Martin Blumenson called"the most gigantic pincer movement in history." In this prodigiously researched study, Dietrich Eichholtz tells the story of Nazi Germany's plans to establish a global oil empire, from the plan's inception in 1938 to its collapse in 1943.
As president of Shell Oil, John Hofmeister was known for being a straight shooter, willing to challenge his peers throughout the industry. Now, he's a man on a mission, the founder of Citizens for Affordable Energy, crisscrossing the country in a grassroots campaign to change the way we look at energy in this country. While pundits proffer false new promises of green energy independence, or flatly deny the existence of a problem, Hofmeister offers an insider's view of what's behind the energy companies' posturing, and how politicians use energy misinformation, disinformation, and lack of information to get and stay elected. He tackles the energy controversy head-on, without regard for political correctness. He also provides a new framework for solving difficult problems, identifying solutions that will lead to a future of comfortable lifestyles, affordable and clean energy, environmental protection, and sustained economic competitiveness.
In The Petroleum Triangle, Steve A. Yetiv tells the interconnected story of oil, globalization, and terrorism. Yetiv asks how Al-Qaeda, a small band of terrorists, became such a real and perceived threat to American and global security, a threat viewed as profound enough to motivate the strongest power in world history to undertake extraordinary actions, including two very costly wars. Yetiv argues that Middle East oil and globalization have combined to augment the real and perceived threat of transnational terrorism. Globalization has allowed terrorists to do things that otherwise would be more difficult and costly: exploit technology, generate fear beyond their capabilities, target vulnerable economic and political nodes, and capitalize on socio-economic dislocation. Meanwhile, Middle East oil has fueled terrorism by helping to bolster oil-rich regimes that terrorists hate, to fund the terrorist infrastructure, and to generate anti-American and anti-Western sentiments about American support for oil-rich regimes and perceived Western designs on Middle East oil. Together, Middle East oil and globalization have combined in various ways to help create Al-Qaeda's real and perceived threat, and that of its affiliates and offshoots. The combined effect has shaped important contours of the Petroleum Triangle and of world affairs. A sweeping analysis of contemporary world politics and American foreign and military policy, The Petroleum Triangle convincingly argues that it is critical to understand the connections among oil, globalization, and terrorism if we seek to comprehend modern global politics. What happens within the Petroleum Triangle will help determine if the death of Osama bin Laden will ultimately cripple Al-Qaeda and its affiliates or be yet another milestone in an ongoing age of terrorism.
"The real story of global oil over the past twenty-five years is not about the spillover effects of Palestinians fighting Israelis, or terrorist attacks on U.S. forces in Saudi Arabia and Yemen, or Iraq's stormy relationship with Kuwait. It is not even about periodic small- and large-scale U.S. attacks on Iraq. Rather, the real story is about longer-term developments that have changed the international relations of the Middle East, politics at the global level, and world oil markets. These developments have increased oil stability." from the Introduction Thirty years after OAPEC shattered world markets for oil, the Western world remains profoundly dependent on foreign, particularly Middle Eastern, sources of petroleum. U.S. political rhetoric is suffused with claims about the vulnerability caused by this dependence. Hence, many political analysts assume that a search for stability of petroleum supplies is an important element of contemporary American foreign policy. Steve A. Yetiv argues that common assumptions about oil markets are wrong. Although prices remain volatile, Yetiv's account portrays a world market in petroleum products far more benign and predictable than the one to which we are accustomed. In Crude Awakenings, he identifies and analyzes real and potential threats to the global energy supply, including wars, revolutions, coups, dangerous alliances, oil embargoes, Islamic radicalism, and transnational terrorism. However, he also shows how some of these threats have been mitigated and how global oil security has been reinforced."
Over the past several years, gasoline prices have risen well above their historic average. In many parts of the United States, gasoline prices were above $3 per gallon for much of 2007. Although consumers in the past did not respond very much to small fluctuations in the price of gasoline, the recent large increases have led many people to make adjustments, for example, in the way they drive and in the kinds of vehicles they buy. This Congressional Budget Office (CBO) study, prepared at the request of the Ranking Member of the Senate Budget Committee, relates rising gasoline prices to changes in how fast people drive, the volume of highway traffic, and rail transit ridership. It also examines the effects on market shares, fuel economy, and pricing of cars and light trucks purchased over the past several years. With the world-wide price of oil continuing to rise, this book provides an indication of the kinds of adjustments consumers would make if gasoline prices continue to rise, and of the implications of rising gasoline prices for policies that would discourage gasoline consumption and thus limit the growth in carbon dioxide emissions. This book consists of public documents which have been located, gathered, combined, reformatted, and enhanced with a subject index, selectively edited and bound to provide easy access.
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.
After World War II, the discovery and production of onshore oil in the United States faced decline. As a result, during the last half of the twentieth century, offshore prospects in the Gulf of Mexico took on new strategic value. Shell Oil Company pioneered many of the early moves offshore and continues to lead the way into "deepwater." For decades, the company dominated the Gulf of Mexico, developing more oil and gas fields there than any other firm. Tyler Priest's study is the first time the modern history of Shell Oil has been told in any detail. Drawing on interviews with Shell retirees and many other sources, Priest relates how the imagination, talent, and hard work of personnel at all levels shaped the evolution of the company. The narrative also covers important aspects of Shell Oil's corporate evolution, but the company's pioneering steps into the deepwater fields of the Gulf of Mexico are its signature achievement. Priest's study demonstrates that engineers did not suddenly create from scratch methods for finding and producing oil and gas from astounding water depths. Rather, they built on a half-century of accumulated knowledge and improvements to technical systems. Shell Oil's story is unique, but it also illuminates the modern history of the petroleum industry. As Priest demonstrates, this company's experiences offer a starting point for examining the understudied topics of strategic decision-making, scientific research, management of technology, and corporate organization and culture within modern oil companies, as well as how these activities applied to offshore development.
The environmental, the economic - and indeed the political - impact of the catastrophic 2010 blowout of BP's well in the Gulf of Mexico has highlighted the central part played by oil in the modern world. The fate of millions now depends on the ever-shifting value of petroleum and on the fortunes of the corporations that deliver it. The story of oil - how it came to play such a dominant role in the world economy, who controls its extraction, pricing and supply - is essential to an understanding of contemporary world politics. In this acclaimed book, Francisco Parra draws on his long experience in the oil world, including as the Secretary General of OPEC, to tell it. "Oil Politics "surveys the tumultuous history of the international petroleum industry, from its extraordinary growth between 1950 and 1979, presided over by the seven major oil companies, to the price revolution of the 1970s and 1980s, to the re-emergence of Russia as an important but uncertain supplier. Parra charts the changing power dynamics amongst the major oil suppliers and examines their relationships with the major oil importing countries, and how these concerns have impacted on foreign policy. Oil politics in the twenty-first century remain fraught with tensions, and this book offers a uniquely accessible guide to understanding this complex but vitally important subject.
With oil around $100 a barrel, drivers wince whenever they pull into the gas station and businesses watch their bottom lines shrink. "Watch out," say doomsayers, "it will only get worse as oil dries up." It's a plausible argument, especially considering the rate at which countries like China and India are now sucking up oil. Even more troubling, the world's largest oil fields sit in geopolitical hotspots like Iran and Iraq. Some believe their nations need to secure remaining supplies using military force, while others consider dwindling supplies a blessing that will help solve the problem of global warming. But wait--is it really the "end of oil"? Absolutely not, says geologist, economist, and industry-insider Robin Mills. According to Mills, many ideas about petroleum depletion and its consequences are not just grossly overstated but plain wrong. Calmly and persuasively, he argues: -The supply of oil and gas is much
larger than imagined by the pessimists. -Seeking political,
military, or commercial control of oil supplies is unnecessary,
self-defeating, and exorbitantly expensive. -Oil is merely one
convenient source of energy. Opportunities exist to decrease the
global consumption of oil radically while maintaining a healthy
economy. -The environmental impact of fossil fuels is the most
serious problem the world faces today. But a portfolio of solutions
can solve it. There is no other book by an industry insider that
effectively counters the "peak oil" theory by showing where and how
oil will be found in the future. There also is no other book by an
insider that lays out an environmentally and geopolitically
responsible path for the petroleum industry and its customers.
TheMyth of the Oil Crisis, written in a lively style but with
scientific rigor, is thus a uniquely useful resource for business
leaders, policymakers, petroleum industry professionals,
environmentalists, and anyone else who consumes oil. Best of all,
it offers an abundance of one commodity now in short supply: hope
for the future.
The sensational human story of the hunt for oil, and the politics, power and personalities involved. Over the last 20 years, oil prices have soared from $7 a barrel to $147 and down to $37. Amid economic boom and bust, speculators, traders, politicians and monarchs have plotted to earn fortunes from oil, and prayed for salvation from unpredictable natural and man-made disasters. Behind the headlines are the crushing rivalries between men and women exploring for oil five miles beneath the sea, battling for control of the world's biggest corporations and gambling billions of dollars twenty-four hours every day on oil prices. Success or failure for all those extraordinary personalities depends on squeezing their rivals and squeezing the crude out of the rocks. Overweening vanity and greed absorb those titans whose ambitions are forging the world's quest for oil. Exploiting unprecedented close access to the lives of irrepressible traders in New York, oil-oligarchs in Moscow, corporate chieftains in Dallas and London, and wily politicians floating in jets across the globe, Tom Bower presents the untold story of the most important quandary of our times: why, if there is plentiful oil in the earth, does mankind face a dire shortage threatening our lives? Self-interest is propelling the squeeze and there seems to be no salvation.
Oil leaks from aboveground tanks have contaminated soil and water, threatening human health and wildlife. To prevent damage from oil spills, the Environmental Protection Agency (EPA) issued the Spill Prevention, Control, and Countermeasure (SPCC) rule in 1973. EPA's 10 regions inspect oil storage facilities to ensure compliance with the rule. EPA estimates that about 571,000 facilities are subject to this rule. Some states also regulate oil storage tanks. GAO determined (1) how EPA regions implement the SPCC program, (2) the data EPA has to implement and evaluate the program, and (3) whether some states' tank programs suggest ways for EPA to improve its program. GAO surveyed all 10 EPA regions and interviewed officials in EPA and six states selected on the basis of experts' recommendations, among other criteria.
The GCC petrochemicals industry is going through a period of unprecedented expansion. The global petrochemical producers and technology providers alike are investing billions of dollars in GCC petrochemicals projects. The strategies for GCC petrochemical investment suggested in this book take into account the entire value chain and discuss the appropriate actions at each point in a integrated manner. It is important for investment planners to understand these issues, in order to develop or modify their strategies that ensure expeditious development for robust petrochemical projects in this region.
This book is a valuable guide for engineering professionals involved with the day-to-day management of petroleum and other industry operations. The expert authors develop the concept of limiting constitutes, spill remediation, and waste disposal on site. The book is a how-to compendium for engineers involved in the remediation of 'Non-Hazardous' (i.e., non-nuclear) impacted waste and/or soil. This book contains techniques, data and recommendations for 'how clean is clean'. The book is the result of 10 years of research and experience in the clean-up of oil and gas field non-hazardous waste (NOW).
Now newly updated, "America's Kingdom" debunks the many myths that now surround the United States's special relationship with Saudi Arabia, also known as "the deal" oil for security. Exploding the long-established myth that the Arabian American Oil Company, Aramco, made miracles happen in the desert, Robert Vitalis shows how oil led the US government to follow the company to the kingdom, and how oil and Aramco quickly became America's largest single overseas private enterprise. From the establishment in the 1930s of a Jim Crow system in the Dhahran oil camps, to the consolidation of America's Kingdom under the House of Fahd, the royal faction that still rules today, this is a meticulously researched account of Aramco as a microcosm of the colonial order.
With oil around $100 a barrel, drivers wince whenever they pull into the gas station and businesses watch their bottom lines shrink. "Watch out," say doomsayers, "it will only get worse as oil dries up." It's a plausible argument, especially considering the rate at which countries like China and India are now sucking up oil. Even more troubling, the world's largest oil fields sit in geopolitical hotspots like Iran and Iraq. Some believe their nations need to secure remaining supplies using military force, while others consider dwindling supplies a blessing that will help solve the problem of global warming. But wait--is it really the "end of oil"? Absolutely not, says geologist, economist, and industry-insider Robin Mills. According to Mills, many ideas about petroleum depletion and its consequences are not just grossly overstated but plain wrong. Calmly and persuasively, he argues: -The supply of oil and gas is much
larger than imagined by the pessimists. -Seeking political,
military, or commercial control of oil supplies is unnecessary,
self-defeating, and exorbitantly expensive. -Oil is merely one
convenient source of energy. Opportunities exist to decrease the
global consumption of oil radically while maintaining a healthy
economy. -The environmental impact of fossil fuels is the most
serious problem the world faces today. But a portfolio of solutions
can solve it. There is no other book by an industry insider that
effectively counters the "peak oil" theory by showing where and how
oil will be found in the future. There also is no other book by an
insider that lays out an environmentally and geopolitically
responsible path for the petroleum industry and its customers.
TheMyth of the Oil Crisis, written in a lively style but with
scientific rigor, is thus a uniquely useful resource for business
leaders, policymakers, petroleum industry professionals,
environmentalists, and anyone else who consumes oil. Best of all,
it offers an abundance of one commodity now in short supply: hope
for the future.
In 2001, Kenneth Deffeyes made a grim prediction: world oil production would reach a peak within the next decade--and there was nothing anyone could do to stop it. Deffeyes's claim echoed the work of geophysicist M. King Hubbert, who in 1956 predicted that U.S. oil production would reach its highest level in the early 1970s. Though roundly criticized by oil experts and economists, Hubbert's prediction came true in 1970. In this updated edition of "Hubbert's Peak," Deffeyes explains the crisis that few now deny we are headed toward. Using geology and economics, he shows how everything from the rising price of groceries to the subprime mortgage crisis has been exacerbated by the shrinking supply--and growing price--of oil. Although there is no easy solution to these problems, Deffeyes argues that the first step is understanding the trouble that we are in.
Modern Navajo tribal government originated in 1923 solely to approve oil leases. From that beginning, the responsibilities and functions of tribal government expanded, fostering economic and political changes that brought the Dine people into closer contact with their Anglo neighbors. As tribal government undertook more projects, the revenue from oil and natural gas leases became key parts of the Navajo Nation's finances. This book is an ethnohistory of the changes wrought by oil. The economic development spurred by oil leases is a cautionary tale in the transition from a subsistence to a capitalist economy. The federal stock reduction program imposed in the 1930s and 1940s devastated the Navajo agricultural economy and altered family structure. Women had owned and cared for the sheep and goat herds which were now reduced in number by hundreds of thousands. Oil did offer some wage work, but only for men who dug trenches, laid pipe, or drove trucks. Following the end of World War II as the millions of dollars generated annually from oil and gas leases became available to the impoverished Navajo Nation, inter-clan squabbles erupted over uses for the money. Navajo was set against Navajo in disputes over lifeways and identity of the Dine people. This book is also an assessment of the price the land and culture of the Navajo ultimately paid for oil. Sadly, greater involvement in Anglo society meant less reverence for the land and sacred sites of the Dine.
-- Leading oil consultant offers a damning critique of US policy -- Oil is the lifeblood of modern economics. It is the precious resource at the heart of empire-building -- from the British empire to the American empire today. It underpins the world's financial markets. But seventy per cent of the world's oil supplies lie under the sands of the Middle East. Did the US invade Iraq to grab Iraq's oil? Many people think so. This book shows how this is part of a wider US attempt to dominate international oil and maintain America's global dominance. Written by an influential oil consultant, with experience of working in both the US and Arab oil industries, this book provides a rare insight into the real motivations behind US intervention in the Arab world, and the relationship between the US and the Arab states. Zalloum provides a historical account of the roots of today's involvement, analysing US intervention in the Arab World since the 19th century. Zalloum provides an account of America's changing role in OPEC. He examines the fate of Iraq's oil and the involvement of US contractors. He also analyses the role of oil in America's relationship with Israel, providing an important insight into how this dynamic is viewed in the Arab world. The book offers a unique perspective on how the US is viewed in the Arab region and how progress should be made if real peace and stability are to be brokered.
In the 1970s and 1980s the Texas wildcatter was a recognizable figure in popular culture. Since then, the wildcatter's role is less celebrated but still important, as shown in the new introduction to this edition of a book originally published in 1984 by Texas Monthly Press. Drawing heavily on oral histories, this book tells the story of the West Texas independents as a group, looking at their business strategies in the context of their national, regional, and local conditions. The focus is on the Permian Basin and southeastern New Mexico over the sixty-year period in which the region rose to prominence on the American oil scene, producing about one-fifth of the nation's output. It is a story that covers vast technological change, governmental regulation, and economic fluctuation with profound implications for the oil and gas community. The new introduction brings the story up-to-date by addressing not only the subsequent careers of the wildcatters described in the book but also the role of independents in the current economy. ROGER M. OLIEN, who holds a Ph.D. from Brown University, lives in Austin and is a member of the TSHA Speakers Bureau.DIANA DAVIDS HINTON holds the J. Conrad Dunagan Chair in regional and business history at the University of Texas-Permian Basin. Her Ph.D. is from Yale University.
Born on a farm near Anahuac, Texas, in 1875 and possessed of only a fourth-grade education, Ross Sterling was one of the most successful Texans of his generation. Driven by a relentless work ethic, he become a wealthy oilman, banker, newspaper publisher, and, from 1931 to 1933, one-term governor of Texas. Sterling was the principal founder of the Humble Oil and Refining Company, which eventually became the largest division of the ExxonMobil Corporation, as well as the owner of the Houston Post. Eager to "preserve a narrative record of his life and deeds," Ross Sterling hired Ed Kilman, an old friend and editorial page editor of the Houston Post, to write his biography. Though the book was nearly finished before Sterling's death in 1949, it never found a publisher due to Kilman's florid writing style and overly hagiographic portrayal of Sterling. In this volume, by contrast, editor Don Carleton uses the original oral history dictated by Ross Sterling to Ed Kilman to present the former governor's life story in his own words. Sterling vividly describes his formative years, early business ventures, and active role in developing the Texas oil industry. He also recalls his political career, from his appointment to the Texas Highway Commission to his term as governor, ending with his controversial defeat for reelection by "Ma" Ferguson. Sterling's reminiscences constitute an important primary source not only on the life of a Texan who deserves to be more widely remembered, but also on the history of Houston and the growth of the American oil industry.
In order to prioritize exploration activities, oil and gas companies need to follow a framework. This important procedural envelope is critical to the success of any oil and gas venture. Decision makers need to consider a multitude of variables before they decide whether or not to pursue any petroleum project. Before a decision to drill a well can be made, some important questions need to be answered; some of these questions revolve around the need for assurance that a well will bring wealth to the organization or parties that drill it. A decision maker therefore has to start by asking whether a venture is worth pursuing from an economic perspective. The answer to this question forms the heart of petroleum investment; and supporting this process by building petroleum economic models is what this book is all about. This book offers a basic understanding of the methods required to build economic models for valuing upstream petroleum projects. The book offers an overview of the fundamentals of some of the major petroleum contracts, simple commercial concepts and how to use them for creating valuation models.
One of the major policy challenges for the US following the events of September 11 2001 and their aftermaths has been how to reduce the country's dependence on oil from the Middle East. There have been suggestions of policy shifts in Washington in which Africa's share of US oil imports will rise dramatically over the next few years. Nigeria, one of the world's largest producers of crude oil, is believed to have more than 30 billion barrels of crude oil reserves, mostly in the Niger Delta areas. Despite this huge reserve however, crude supplies from the country remains at best erratic largely because of conflicts, violence and the rise of ethnic militias in the oil-producing areas of the country. The book explores the causes, sources and dynamics of the conflicts between the oil-bearing communities and oil companies in Nigeria. Taking its point of departure from the social interaction paradigm, it argues that the conflicts in the Niger Delta are embedded in the triangular relationship between the government, the oil companies and the host communities. ________ Austin Onuoha, studied History at the University of Ife, Ile-Ife, Nigeria and did graduate studies in Conflict Transformations at the Eastern Mennonite University in Harrisonburg, Virginia, USA. He has worked on issues of human rights and conflict resolution in, and around the Niger Delta of Nigeria for over 10 years, including as the Executive Secretary/Head of Conflict Resolution at the Human Rights Commission, Abakaliki, Nigeria. He was also a consultant to the Centre for Social and Corporate Responsibility (CSCR) based in Nigeria's oil capital, Port Harcourt. He is currently a doctoral candidate in Conflict Analysis and Resolution at the Nova Southeastern University, Fort Lauderdale, Florida, and USA.
"This book explains both why the decline of our most precious fuel
is inevitable and how challenging it will be to cope with what
comes next."--Richard E. Smalley, University Professor, Rice
University, and 1996 Nobel laureate |
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