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Author: Andrew C. Inkpen
Publisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 17
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Book Description
Author: Andrew C. Inkpen
Publisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 17
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Book Description
Author: Samuel Van Vactor
Publisher: PennWell
ISBN: 9781593702144
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
To the casual observer, the oil business seems constant and unchanging. Most gasoline stations have done away with attendant services, and credit cards are accepted directly at the pump, but drive-in access and brand names remain largely as they have been for generations. The faade, however, is just that; it is like the false front of a Western town put in place to make everything seem bigger and grander than it really is. The familiarity of the oil industry's retail outlets masks extraordinary changes in how the industry engages in its four primary sectors of activity: finding and producing crude oil, transportation, refining, and marketing.
Author: Robert McNally
Publisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
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.
Author: Linda Herkenhoff
Publisher: Business Expert Press
ISBN: 1606495011
Category : Business & Economics
Languages : en
Pages : 101
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Book Description
Oil and gas are important to every aspect of our economy, yet the oil and gas industry is distinguished by its combination of increasing demands and decreasing discovery volumes--and it is an industry shrouded in an environment of extremely volatile pricing. Although the profits enjoyed by the oil and gas industry are enormous, the industry remains one of the most capital-intensive in a world where rising expenses continue to threaten to squeeze profit margins. Geopolitics may continue to be the most important variable in maintaining existing assets and in successfully achieving new discoveries and carrying out their subsequent development. But finding new oil and gas reserves is becoming more challenging and the places where hydrocarbons are being found are more remote. Thus technology advances are also a key variable to enable exploration, drilling and development to become economically feasible in some of these more difficult operating environments. For the last century oil and gas additions have exceeded demand but has this industry now reached a "peak oil" situation? Some experts argue we are on the cusp of maximum oil production while others suggest we are still about a decade away. Natural gas demand however, is rising at a slightly faster rate than oil. Natural gas may be the immediate replacement fuel for oil as a source of clean and efficient electric power generation. Three out of the top ten Fortune 500 companies were oil/gas companies in 2011. This short introduction to the oil and gas industry will focus on history, operations, major companies, outside market forces, regulation and the current challenges the industry faces. Such factors as finite natural resources, the environment, economics, geopolitics, and technology will all come into play in the narrative. The book will demonstrate how the leaders of this industry, former champions of progress, are now coming under scrutiny and being depicted as the biggest culprits of environmental degradation. Yet the industry is likely to continue to grow until some form of alternate fuels is developed. The oil and gas industry will continue to have an enormous impact on life on the planet.
Author: Howard T. Odum
Publisher: John Wiley & Sons, Incorporated
ISBN:
Category : Nature
Languages : en
Pages : 394
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Book Description
In this important new work, Howard T. Odum, widely acknowledged as the father of systems ecology, lucidly explains his concept of emergy, a measure of real wealth that provides a rational, science-based method of evaluating commodities, services, and environmental goods. Using specific real-world examples, Dr. Odum clearly demonstrates the revolutionary role of emergy in environmental management and policy making. Environmental Accounting: Emergy and Environmental Decision Making offers environmental professionals—policymakers, managers, ecologists, planners, developers, and activists—a systematic approach to environmental and economic valuation that will eliminate much of the rancor and adversarial decision making that often plagues environmental issues. Specifically, this book: Describes the theoretical basis, calculation procedures, and applications of emergy Introduces the concept of "transformity," the ratio of emergy (work put into a product) and energy (value received from the product) Provides formulas for emergy calculations, procedures for making an emergy evaluation table, and parameters for updating evaluations Demonstrates the use of emergy to evaluate environments, minerals, waters, primary energy sources, economic developments, and international trade Compares the emergy approach to environmental evaluation with others Environmental Accounting: Emergy and Environmental Decision Making will help environmental decision makers and the society they serve maximize economic vitality with less trial and error, innovate with fewer failures, and adapt to change more rapidly. It provides the tools they need to arrive at the best policies in resource management, economics, and the environment. Balancing the economy and the environment— from the father of systems ecology Increasing economic dependence on diminishing natural resources has sparked a highly charged debate over the use and fate of the world environment. Environmental Accounting: Emergy and Environmental Decision Making presents a unique method of environmental management based on maximizing real wealth, the whole economy, and the public benefit. Renowned ecologist Howard T. Odum introduces the concept of emergy to provide a rational alternative to the tug-of-war over the world's most vital assets. Emergy measures the energy put into making a product and is the cornerstone of Odum's revolutionary text. This timely and important book offers key insights into: Determining the real value of a product or service Transformity, or the relationship between emergy (input) and energy (output) Stored wealth, available energy, and the final product Balancing economic and environmental needs Environmental Accounting: Emergy and Environmental Decision Making will help economists, ecologists, policymakers, and planners make more responsible, informed decisions to sustain economic and environmental development.
Author: Mr.Aasim M. Husain
Publisher: International Monetary Fund
ISBN: 151357227X
Category : Business & Economics
Languages : en
Pages : 41
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Book Description
The sharp drop in oil prices is one of the most important global economic developments over the past year. The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
Author: Touraj Atabaki
Publisher: Springer
ISBN: 3319564455
Category : Social Science
Languages : en
Pages : 435
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Book Description
This volume examines the social history of oil workers and investigates how labor relations have shaped the global oil industry during the twentieth century and today. It brings together the work of scholars from a range of disciplines, approaching the social, political, economic and cultural dimensions of oil. The contributors analyze a number of key oil producing regions, including the Americas, the Middle East, Central Asia, the Caucasus, Europe and Africa.
Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.
Author: James G. Speight
Publisher: Gulf Professional Publishing
ISBN: 0128097744
Category : Technology & Engineering
Languages : en
Pages : 465
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Book Description
Natural Gas: A Basic Handbook, Second Edition provides the reader with a quick and accessible introduction to a fuel source/industry that is transforming the energy sector. Written at an introductory level, but still appropriate for engineers and other technical readers, this book provides an overview of natural gas as a fuel source, including its origins, properties and composition. Discussions include the production of natural gas from traditional and unconventional sources, the downstream aspects of the natural gas industry. including processing, storage, and transportation, and environmental issues and emission controls strategies. This book presents an ideal resource on the topic for engineers new to natural gas, for advisors and consultants in the natural gas industry, and for technical readers interested in learning more about this clean burning fuel source and how it is shaping the energy industry. - Updated to include newer sources like shale gas - Includes new discussions on natural gas hydrates and flow assurance - Covers environmental issues - Contain expanded coverage of liquefied natural gas (LNG)
Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 74
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Book Description
