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Author: Bruce Andre Beaubouef
Publisher: Texas A&M University Press
ISBN: 1603444645
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
In 1973, the United States and other western countries were shocked by the Arab oil embargo. Lines formed at gasoline pumps; fuel stations ran out of supply; prices skyrocketed; and the nation realized its vulnerability to decisions made by leaders of countries half a world away. In response, the U.S. Strategic Petroleum Reserve (SPR), which was signed into law by President Gerald Ford in 1975, has become the nation?s primary tool of energy policy. Following its first major use during the Persian Gulf War of 1991, officials and policy makers at the highest levels increasingly turned to the SPR to stave off shortages and mitigate rising energy prices. Author and historian Bruce A. Beaubouef examines, for the first time, the interactions that have shaped the development of the SPR. He argues that the SPR has survived because it is a passive regulatory tool that serves to protect energy consumers and petroleum consumption and does not compete with the American oil industry. Indeed, by the late twentieth century, as American import dependency reached new heights, refiners and transporters increasingly relied upon the SPR as a ready resource to help maintain feedstock when supplies were tight or disrupted. In a time of continued vulnerability, this definitive work will be of interest to those concerned with the history, economy, and politics of the oil and gas industry, as well as to historians and practitioners of oil and energy policy.
Author: Bruce Andre Beaubouef
Publisher: Texas A&M University Press
ISBN: 1603444645
Category : Business & Economics
Languages : en
Pages : 352
Get Book Here
Book Description
In 1973, the United States and other western countries were shocked by the Arab oil embargo. Lines formed at gasoline pumps; fuel stations ran out of supply; prices skyrocketed; and the nation realized its vulnerability to decisions made by leaders of countries half a world away. In response, the U.S. Strategic Petroleum Reserve (SPR), which was signed into law by President Gerald Ford in 1975, has become the nation?s primary tool of energy policy. Following its first major use during the Persian Gulf War of 1991, officials and policy makers at the highest levels increasingly turned to the SPR to stave off shortages and mitigate rising energy prices. Author and historian Bruce A. Beaubouef examines, for the first time, the interactions that have shaped the development of the SPR. He argues that the SPR has survived because it is a passive regulatory tool that serves to protect energy consumers and petroleum consumption and does not compete with the American oil industry. Indeed, by the late twentieth century, as American import dependency reached new heights, refiners and transporters increasingly relied upon the SPR as a ready resource to help maintain feedstock when supplies were tight or disrupted. In a time of continued vulnerability, this definitive work will be of interest to those concerned with the history, economy, and politics of the oil and gas industry, as well as to historians and practitioners of oil and energy policy.
Author: Lisa Margonelli
Publisher: Crown
ISBN: 0767916972
Category : Business & Economics
Languages : en
Pages : 351
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Book Description
Oil on the Brain is a smart, surprisingly funny account of the oil industry—the people, economies, and pipelines that bring us petroleum, brilliantly illuminating a world we encounter every day. Americans buy ten thousand gallons of gasoline a second, without giving it much of a thought. Where does all this gas come from? Lisa Margonelli’s desire to learn took her on a one-hundred thousand mile journey from her local gas station to oil fields half a world away. In search of the truth behind the myths, she wriggled her way into some of the most off-limits places on earth: the Strategic Petroleum Reserve, the New York Mercantile Exchange’s crude oil market, oil fields from Venezuela, to Texas, to Chad, and even an Iranian oil platform where the United States fought a forgotten one-day battle. In a story by turns surreal and alarming, Margonelli meets lonely workers on a Texas drilling rig, an oil analyst who almost gave birth on the NYMEX trading floor, Chadian villagers who are said to wander the oil fields in the guise of lions, a Nigerian warlord who changed the world price of oil with a single cell phone call, and Shanghai bureaucrats who dream of creating a new Detroit. Deftly piecing together the mammoth economy of oil, Margonelli finds a series of stark warning signs for American drivers.
Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036537
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them. This volume represents the first systematic effort to analyze specific U.S. trade policies, particularly nontariff measures. It provides a better understanding of how trade policies operate, how effective they are, and what their costs and benefits are to trading nations. The contributors chart the history of U.S. trade policy since World War II, analyze industry-specific trade barriers, and discuss the effects of tariff preferences and export-promoting policies such as export credits and domestic international sales corporations (DISCs). The final section of essays examines the worldwide impact of import policies, pointing out subtleties in industry-specific policies and providing insight into the levels of protection in developing countries. The contributors blend state-of-the-art economics with language that is accessible to the business community, economists, and policymakers. Commentaries accompany each paper.
Author: Jan H. Kalicki
Publisher: JHU Press
ISBN: 1421414058
Category : Political Science
Languages : en
Pages : 601
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Book Description
The second, completely updated edition of this widely read and respected guide is the most authoritative survey available on the perennial question of energy security. Energy and Security gathers today's topmost foreign policy and energy experts and leaders to assess how the United States can integrate its energy and national security interests. This edition offers fresh analysis and insight into • Fundamental shifts in the global energy balance • The revolution in shale gas and oil • New energy frontiers, from ultra deepwater to the Arctic • The rising agenda of safety concerns across the energy complex • Energy poverty • Infrastructure for modernizing power grids • Climate security in the current political and economic environment The contributors offer a lively discussion of the challenges and opportunities presented by these changes and how they affect national security and regional politics around the globe.
Author: ¯ystein Tunsj¿
Publisher: Columbia University Press
ISBN: 0231165080
Category : Political Science
Languages : en
Pages : 338
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Book Description
China has developed sophisticated hedging strategies for managing the international petroleum market, maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes. Though it cannot be “secured,” China’s energy security can be “insured” by marrying government concern with commercial initiatives. This book identifies the interrelationship between security and profit that better describes China’s energy-security policy.
Author: Lev Knoring
Publisher: Elsevier
ISBN: 0080517846
Category : Science
Languages : en
Pages : 337
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Book Description
Here is a valuable guide to appraise and develop petroleum resources. Geology largely determines exploration policy. This book analyzes the strategic connection between the two and shows how to improve decision making on appraising and developing petroleum resources. It examines and describes the internal patterns in finding oil and gas deposits and outlines a process to evaluate the resources. The book also provides a means for long-term reserve accrual forecasting and evaluation. It uses mathematical modeling as a method to evaluate the initial potential of an oil and gas region as well as a way to forecast future reserves. These models improve the reliability and validity of exploration forecasts and estimates. Strategies for Optimizing Petroleum Exploration helps petroleum engineers and explorationists focus and improve their reserve assessment and decision making. This book shows how to develop and appraise petroleum resources.
Author: Kenneth S. Deffeyes
Publisher: Princeton University Press
ISBN: 1400829070
Category : Science
Languages : en
Pages : 232
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Book Description
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.
Author: United States. Strategic Petroleum Reserve Office
Publisher:
ISBN:
Category : Petroleum products
Languages : en
Pages : 416
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Book Description
Author: Robert Lifset
Publisher: University of Oklahoma Press
ISBN: 0806145633
Category : Business & Economics
Languages : en
Pages : 395
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Book Description
With Middle East blow-ups, pipeline politics, wind farm controversies, solar industry scandals, and disputes over fracking, it's natural to think that the energy policy debate is at its most intense ever. But it's easy to forget that energy issues dominated the nation's politics in the 1970s as well. Wars were fought, political careers made and unmade, and fortunes gambled and lost, all because of the vagaries of energy production and consumption, which held the American public and its politicians in thrall. This historical investigation focuses exclusively on American energy policy in the 1970s. Revisiting the last time energy issues came to the forefront of national political discourse, the essays collected here provide new insight into the energy crisis of that decade—insights with clear implications for our present dilemmas. Among a new generation of energy historians, the authors address questions of political leadership, foreign policy, supply, and demand. Chapters examine the politics of energy policymaking; efforts by American policymakers to increase supply and reduce demand; and the challenge of crafting American foreign policy as the Middle East emerges as the world’s leading oil-producing region. American Energy Policy in the 1970s reminds us of a wide range of policy successes and failures and offers an in-depth look at the complicated workings of such issues as café standards, alternative energy supplies, nuclear power, conservation, the strategic petroleum reserve, and the Carter Doctrine. This book restores historical clarity and context to the complex and politically freighted discussion of energy in America. It should inform and enlighten the discussion going forward.
Author: Michael C. Ruppert
Publisher: Chelsea Green Publishing
ISBN: 1603582991
Category : Political Science
Languages : en
Pages : 266
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Book Description
The book that inspired the movie Collapse. The world is running short of energy-especially cheap, easy-to-find oil. Shortages, along with resulting price increases, threaten industrialized civilization, the global economy, and our entire way of life. In Confronting Collapse, author Michael C. Ruppert, a former LAPD narcotics officer turned investigative journalist, details the intricate connections between money and energy, including the ways in which oil shortages and price spikes triggered the economic crash that began in September 2008. Given the 96 percent correlation between economic growth and greenhouse gas emissions and the unlikelihood of economic growth without a spike in energy use, Ruppert argues that we are not, in fact, on the verge of economic recovery, but on the verge of complete collapse. Ruppert's truth is not merely inconvenient. It is utterly devastating. But there is still hope. Ruppert outlines a 25-point plan of action, including the creation of a second strategic petroleum reserve for the use of state and local governments, the immediate implementation of a national Feed-in Tariff mandating that electric utilities pay 3 percent above market rates for all surplus electricity generated from renewable sources, a thorough assessment of soil conditions nationwide, and an emergency action plan for soil restoration and sustainable agriculture.
