Crude Volatility

Crude Volatility PDF 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.

Crude Volatility

Crude Volatility PDF Author: Robert McNally
Publisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336

Get Book Here

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.

Crude

Crude PDF Author: Sonia Shah
Publisher: Seven Stories Press
ISBN: 160980063X
Category : History
Languages : en
Pages : 276

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Book Description
Crude is the unexpurgated story of oil, from the circumstances of its birth millions of years ago to the spectacle of its rise as the indispensable ingredient of modern life. In addition to fueling our SUVs and illuminating our cities, crude oil and its byproducts fertilize our produce, pave our roads, and make plastic possible. "Newborn babies," observes author Sonia Shah, "slide from their mothers into petro-plastic-gloved hands, are swaddled in petro-polyester blankets, and are hurried off to be warmed by oil-burning heaters." The modern world is drenched in oil; Crude tells how it came to be. A great human drama emerges, of discovery and innovation, risk, the promise of riches, and the power of greed. Shah infuses recent twists in the story with equal drama, through chronicles of colorful modern-day characters — from the hundreds of Nigerian women who stormed a Chevron plant to a monomaniacal scientist for whom life is the pursuit of this earthblood and its elusive secret. Shah moves masterfully between scientific, economic, political, and social analysis, capturing the many sides of the indispensable mineral that we someday may have to find a way to live without.

Crude Awakening

Crude Awakening PDF Author: Amanda Coyne
Publisher: Bold Type Books
ISBN: 1568584474
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
Presents a history of the Alaskan oil industry, revealing political corruption, the FBI's investigation, and how these events will influence American politics.

Crude Politics

Crude Politics PDF Author: Paul Sabin
Publisher: Univ of California Press
ISBN: 0520241983
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
Paul Sabin offers a study of the oil market in California before World War II, showing how the development of an economy & society very heavily dependent upon oil production & consumption was largely directed by policy decisions regarding property rights, regulatory law & public investment.

Crude Chronicles

Crude Chronicles PDF Author: Suzana Sawyer
Publisher: Duke University Press
ISBN: 0822385759
Category : History
Languages : en
Pages : 311

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Book Description
Ecuador is the third-largest foreign supplier of crude oil to the western United States. As the source of this oil, the Ecuadorian Amazon has borne the far-reaching social and environmental consequences of a growing U.S. demand for petroleum and the dynamics of economic globalization it necessitates. Crude Chronicles traces the emergence during the 1990s of a highly organized indigenous movement and its struggles against a U.S. oil company and Ecuadorian neoliberal policies. Against the backdrop of mounting government attempts to privatize and liberalize the national economy, Suzana Sawyer shows how neoliberal reforms in Ecuador led to a crisis of governance, accountability, and representation that spurred one of twentieth-century Latin America’s strongest indigenous movements. Through her rich ethnography of indigenous marches, demonstrations, occupations, and negotiations, Sawyer tracks the growing sophistication of indigenous politics as Indians subverted, re-deployed, and, at times, capitulated to the dictates and desires of a transnational neoliberal logic. At the same time, she follows the multiple maneuvers and discourses that the multinational corporation and the Ecuadorian state used to circumscribe and contain indigenous opposition. Ultimately, Sawyer reveals that indigenous struggles over land and oil operations in Ecuador were as much about reconfiguring national and transnational inequality—that is, rupturing the silence around racial injustice, exacting spaces of accountability, and rewriting narratives of national belonging—as they were about the material use and extraction of rain-forest resources.

Amazon Crude

Amazon Crude PDF Author: Judith Kimerling
Publisher:
ISBN:
Category : Nature
Languages : en
Pages : 150

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Book Description


Crude Domination

Crude Domination PDF Author: Andrea Behrends
Publisher:
ISBN: 9781782380351
Category : Business & Economics
Languages : en
Pages : 334

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Book Description
Four conjectures relate the prospect of conflict to oil. First, petroleum production integrates local, regional, national, and global levels of political and economic organization. Second, conflict is likely in these forms of integration, especially under conditions of oil scarcity. Third, oil production in the near future is subject to declining supply and increased demand. Fourth, this means that a looming crisis of oil threatens global integration with violence. Therefore, an urgent social science research priority is the investigation of the nexus between oil, integration, and conflict. Tackling these issues in three different world regions - Africa, Latin America, and Russia - this volume assesses the current state of knowledge concerning oil, integration, and conflict and formulates an anthropological research strategy to advance an understanding of oil and its vicissitudes. Offering a strategy for a global anthropology of oil, this volume strengthens the ability of social science to explain and design policy in a world experiencing a global oil crisis. -- Book Description from Website.

Crude Intentions

Crude Intentions PDF Author: Alexandra Gillies
Publisher: Oxford University Press
ISBN: 0190940719
Category : Political Science
Languages : en
Pages : 302

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Book Description
Billions of dollars stolen from citizens are circling the globe, enriching powerful individuals, altering political outcomes, and disadvantaging everyday people. News headlines provide glimpses of how this corruption works and why it matters: President Trump's businesses struck deals with oligarchs and sold property to secretive shell companies; the Panama Papers leak triggered investigations in 79 countries; and, corruption scandals toppled heads of state in Brazil, South Africa, and South Korea. But how do these pieces fit together? And if the corruption is so vast and so tied up with powerful interests, how do we begin to fight back? To find answers, Crude Intentions examines the corruption crisis that erupted during the recent oil boom. From 2008 to 2014, oil prices shot through the roof. Motivated by more than nine trillion dollars in new oil money, corruption followed apace. Examining the oil boom is like placing a drop of dye in the circulatory system of global corruption, and watching as it reveals the system's channels and pathways. Company bosses signed off on risky schemes to snap up choice oil blocks. Politicians in Brazil and Nigeria stole billions to build up their election war chests. Kleptocrats in Angola, Azerbaijan, and Russia seized upon the oil wealth to cement their hold on power. And an army of bankers, accountants, and lawyers lined up to help these corrupt actors stash their loot in the global system of shell companies and tax havens that serves today's super-rich. The money then bought yachts, mansions, and even a few foreign politicians. Drawing on information exposed by intrepid journalists, prosecutors, and whistle blowers, Crude Intentions tells jaw-dropping stories of corruption and asks what we can learn from them. The cases reveal common tactics, but also vulnerabilities in this web of fraud. These are the starting points for building a smarter fight against corruption, in the oil sector and well beyond.

Anointed with Oil

Anointed with Oil PDF Author: Darren Dochuk
Publisher: Basic Books
ISBN: 1541673948
Category : History
Languages : en
Pages : 492

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Book Description
A groundbreaking new history of the United States, showing how Christian faith and the pursuit of petroleum fueled America's rise to global power and shaped today's political clashes Anointed with Oil places religion and oil at the center of American history. As prize-winning historian Darren Dochuk reveals, from the earliest discovery of oil in America during the Civil War, citizens saw oil as the nation's special blessing and its peculiar burden, the source of its prophetic mission in the world. Over the century that followed and down to the present day, the oil industry's leaders and its ordinary workers together fundamentally transformed American religion, business, and politics -- boosting America's ascent as the preeminent global power, giving shape to modern evangelical Christianity, fueling the rise of the Republican Right, and setting the terms for today's political and environmental debates. Ranging from the Civil War to the present, from West Texas to Saudi Arabia to the Alberta Tar Sands, and from oil-patch boomtowns to the White House, this is a sweeping, magisterial book that transforms how we understand our nation's history.

Crude Britannia

Crude Britannia PDF Author: James Marriott
Publisher: Pluto Press (UK)
ISBN: 9780745341095
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
For decades, BP and Shell extracted the minerals, finance and skills of the UK. Always behind the scenes, Big Oil drove Britain's economy and profoundly influenced its culture. Then, at the start of the 21st Century, the tide seemed to go out - Britain's refineries and chemical plants were quietly closed; the North Sea oilfields declined. Now, while the country goes through the seismic upheavals of Brexit and the climate emergency, many believe the age of oil to be almost passed. However, as Crude Britannia reveals, reports of the industry's death are greatly exaggerated. Taking the reader on a journey across Britain - from North East Scotland, Merseyside and South Wales to the Thames Estuary and London - James Marriott and Terry Macalister tell the story of Britain's oil-stained past, present and future; of empire, economic deprivation and continuing political influence. The authors speak to oil company executives and oil traders, as well as former shipyard and refinery workers, film makers and musicians, activists and politicians, putting real people and places at the heart of a compelling political analysis. Offering a rare insight on how to read the history of modern Britain, Crude Britannia shows what needs to be done to create a new energy system, that tackles climate change and underpins a fairer democratic society.