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Author: Elisabetta Bini
Publisher: Bloomsbury Publishing
ISBN: 0857727559
Category : Political Science
Languages : en
Pages : 281
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Book Description
The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.
Author: Colin John Campbell
Publisher: Multi-Science Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
"This book is about the world's endowment of oil. It is a very important subject, considering that cheap oil-based energy has been the lifeblood of the world's economy over the best part of this century." -- P. 5.
Author: Elisabetta Bini
Publisher: Bloomsbury Publishing
ISBN: 0857727559
Category : Political Science
Languages : en
Pages : 281
Get Book Here
Book Description
The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.
Author: Meg Jacobs
Publisher: Macmillan
ISBN: 0809058472
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
"A detailed historical narrative of the U.S. energy crisis in the 1970s and how policymakers responded to the turmoil"--
Author: Dale Allen Pfeiffer
Publisher: New Society Publishers
ISBN: 1550923765
Category : Technology & Engineering
Languages : en
Pages : 145
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Book Description
A shocking outline of the interlinked crises in energy and agriculture — and appropriate responses The miracle of the Green Revolution was made possible by cheap fossil fuels to supply crops with artificial fertilizer, pesticides, and irrigation. Estimates of the net energy balance of agriculture in the US show that ten calories of hydrocarbon energy are required to produce one calorie of food. Such an imbalance cannot continue in a world of diminishing hydrocarbon resources. Eating Fossil Fuels examines the interlinked crises of energy and agriculture and highlights some startling findings: The world-wide expansion of agriculture has appropriated fully 40% of the photosynthetic capability of this planet. The Green Revolution provided abundant food sources for many, resulting in a population explosion well in excess of the planet's carrying capacity. Studies suggest that without fossil fuel based agriculture, the US could only sustain about two thirds of its present population. For the planet as a whole, the sustainable number is estimated to be about two billion. Concluding that the effect of energy depletion will be disastrous without a transition to a sustainable, relocalized agriculture, the book draws on the experiences of North Korea and Cuba to demonstrate stories of failure and success in the transition to non-hydrocarbon-based agriculture. It urges strong grassroots activism for sustainable, localized agriculture and a natural shrinking of the world's population. Dale Allen Pfeiffer is a novelist, freelance journalist and geologist who has been writing about energy depletion for a decade. The author of The End of the Oil Age, he is also widely known for his web project: www.survivingpeakoil.com.
Author: Kent Moors
Publisher: John Wiley & Sons
ISBN: 1118077091
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
How oil volatility is affecting the global political scene, and where the oil market is heading The world is rapidly moving towards an oil environment defined by volatility. The Vega Factor: Oil Volatility and the Next Global Crisis takes an in-depth look at the most important topics in the industry, including strategic risk, why traditional pricing mechanisms will no longer govern the market, and how the current government approaches have only worsened an already bad situation. Details the industry's players, including companies, traders, and governments Describes the priorities that will need to be revised, and the policies needed to achieve stability Explains how today's oil market is fundamentally different from the pre-crisis market Oil prices affect everyone. The Vega Factor explains the new international oil environment of increasing consolidation and decreasing competition, and reveals how consumers and investors can navigate price volatility and new government policies.
Author: Michael C. Lynch
Publisher: Bloomsbury Publishing USA
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 417
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Book Description
Is the earth's oil supply starting to run out, or is there far more oil than some experts believe? This book points out flaws in the research used to warn of an oil shortfall and predicts that large new reserves of oil are soon to be tapped. In the last decade, oil experts, geologists, and policy makers alike have warned that a peak in oil production around the world was about to be reached and that global economic distress would result when this occurred. But it didn't happen. The "Peak Oil" Scare and the Coming Oil Flood refutes the recent claims that world oil production is nearing a peak and threatening economic disaster by analyzing the methods used by the theory's proponents. Author Michael C. Lynch, former researcher at Massachusetts Institute of Technology (MIT), debunks the "Peak Oil" crisis prediction and describes how the next few years will instead see large amounts of new supply that will bring oil prices down and boost the global economy. This book will be invaluable to those involved in the energy industry, including among those fields that are competing with oil, as well as financial institutions for which the price of oil is of critical importance. Lynch uncovers the facts behind the misleading news stories and media coverage on oil production as well as the analytic process that reveals the truth about the global oil supply. General readers will be dismayed to learn how governments have frequently been led astray by seeming logical theories that prove to have no sound basis and will come away with a healthy sense of skepticism about popular economics.
Author: Matthew R. Simmons
Publisher: Wiley + ORM
ISBN: 111804052X
Category : Business & Economics
Languages : en
Pages : 500
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Book Description
Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabias troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. Its a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.
Author: Robin M. Mills
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
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. 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. The Myth 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.
Author: Duco Hellema
Publisher: Amsterdam University Press
ISBN: 9053564853
Category : History
Languages : en
Pages : 321
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Book Description
This incisive study examines the role of the Netherlands in the October War and the oil crisis of 1973. The authors contend that the actions of the Dutch government were hypocritical: the Dutch government faced a domestic crisis when an oil embargo was levied against them by Arab countries for selling arms to Israel; yet after oil began arriving again two months later, the Dutch rejected a proposal for a stricter interventionist energy policy within the European Union. A probing and thought-provoking study, The Netherlands and the Oil Crisis draws on previously unavailable archival sources to shed new light on a pivotal moment in contemporary Dutch history.
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.
