Crude World

Author: Peter Maass

Publisher: Vintage

ISBN: 0307273199

Category: Technology & Engineering

Page: 288

View: 2917

The catastrophic oil spill in the Gulf of Mexico has brought new attention to the huge costs of our oil dependence. In this stunning and revealing book, Peter Maass examines the social, political, and environmental impact of petroleum on the countries that produce it. Every unhappy oil-producing nation is unhappy in its own way, but all are touched by the “resource curse”—the power of oil to exacerbate existing problems and create new ones. Peter Maass presents a vivid portrait of the troubled world oil has created. From Saudi Arabia to Equatorial Guinea, from Venezuela to Iraq, the stories of rebels, royalty, middlemen, environmentalists, indigenous activists, and CEOs—all deftly and sensitively presented—come together in this startling and essential account of the consequences of our addiction to oil. From the Trade Paperback edition.

A Crude World

Author: Russell Andresen

Publisher: Page Publishing Inc

ISBN: 1681395797

Category: Fiction

Page: 240

View: 9928

Adrenaline, stress, and avarice are the drugs that make up the addicting cocktail of the global oil and gasoline markets. It is an industry that entices young men and women to pursue their dreams of attaining wealth beyond their means. It is an environment that destroys as many as it rewards. In A Crude World—A Life of Drugs, Greed, and Power in the New York Mercantile Exchange, Russell Andresen opens the curtains behind of one of the most secretive industries in the world, where loyalty means nothing, ethics is a four letter word, and silence is the most valuable commodity.

World Crude Oil Markets: Monetary Policy and the Recent Oil Shock

Author: Noureddine Krichene

Publisher: International Monetary Fund


Category: Foreign exchange rates

Page: 27

View: 6827

This paper examines the relationship between monetary policy and oil prices within a world oil demand and supply model. Low price and high income elasticities of demand and rigid supply explain high price volatilities and producers' market power. Exchange and interest rates do influence oil market equilibrium. The relationship between oil prices and interest rates is a two-way relationship that depends on the type of oil shock. During a supply shock, rising oil prices caused interest rates to increase; whereas during a demand shock, falling interest rates caused oil prices to rise. Record low interest rates led to high oil price volatility in 2005. Data shows that world economic growth and price stability require stable oil markets and therefore more prudent monetary policies.

Pacific Oil World

Author: N.A

Publisher: N.A


Category: Petroleum

Page: N.A

View: 6693


The Internet of People for a Post-oil World

Author: Christian Nold,Rob van Kranenburg


ISBN: 0980099471

Category: Internet

Page: 67

View: 7534

"Christian Nold and Rob van Kranenburg articulate the foundations of a future manifesto for an Internet of Things in the public interest. Nold and Kranenburg propose tangible design interventions that challenge an internet dominated by commercial tools and systems, emphasizing that people from all walks of life have to be at the table when we talk about alternate possibilities for ubiquitous computing. Through horizontally scaling grass roots efforts along with establishing social standards for governments and companies to allow cooperation, Nold and Kranenberg argue for transforming the Internet of Things into an Internet of People"--Publisher's Web site.

Crude Reality

Petroleum in World History

Author: Brian C. Black

Publisher: Rowman & Littlefield

ISBN: 0742556557

Category: Business & Economics

Page: 287

View: 4942

Considers the history of petroleum's engineering, production, refining, and consumption, and synthesizes recent scholarship linking overreliance on the resource to environmental degradation and economic disparity.

California Oil World

Author: N.A

Publisher: N.A


Category: Petroleum industry and trade

Page: N.A

View: 7638


World Crude Oil Resources

Evidence from Estimating Supply Functions for 41 Countries

Author: Gordon Campbell Watkins,Shane S. Streifel

Publisher: World Bank Publications


Category: Industria petrolera

Page: 55

View: 1040


A Simultaneous Equation Model for World Crude Oil and Natural Gas Markets

Author: Noureddine Krichene

Publisher: International Monetary Fund


Category: Foreign exchange rates

Page: 24

View: 4504

A model for world crude oil and natural gas markets is estimated. It confirms low price and high income elasticities of demand for both crude oil and natural gas, which explains the market power of oil producers and price volatility following shocks. The paper establishes a relationship between oil prices, changes in the nominal effective exchange rate (NEER) of the U.S. dollar, and the U.S. interest rates, thereby identifying demand shocks arising from monetary policy. Both interest rates and the NEER are shown to influence crude prices inversely. The results imply that crude oil prices should be included in the policy rule equation of an inflation targeting model.

Review and Outlook for the World Oil Market

Author: Shane S. Streifel

Publisher: World Bank Publications

ISBN: 9780821334430

Category: Business & Economics

Page: 157

View: 1694

After the collapse of the Soviet system, the immense problems of environmental pollution in Central and Eastern Europe were widely publicized. Less well known were its effects on health in the region, which have led to a serious health crisis. This report examines the degree to which the pollution adversely affected human health, putting it in the context of other health determinants such as socioeconomic factors, health care standards and availability, and lifestyle factors. Among the numerous pollutants, the report points to lead, dust, toxic gases, and nitrates in rural water supplies as having a significant impact on health in Central and Eastern Europe. The author suggests possible avenues for international action. However, an analysis of the determinants of health reveals that addressing the pollution problems alone will not solve the health crisis. Improving health in this region will depend on the changing economic fortunes of individual countries and the ability of each to create a supportive social environment for its citizens.

The Changing World of Oil

An Analysis of Corporate Change and Adaptation

Author: Jerome D. Davis

Publisher: Ashgate Publishing, Ltd.

ISBN: 9780754641780

Category: Business & Economics

Page: 216

View: 4259

In a unique analysis of the issues, leading commentators and international specialists present a ground-breaking view of the future of the oil industry. This approach, where by corporations are considered to be the dependent variables focusing particularly on 'mega-mergers' goes far beyond more conventional studies in this area.

World Economic Outlook, April 2006

Globalization and Inflation

Author: International Monetary Fund. Research Dept.

Publisher: International Monetary Fund

ISBN: 9781451954951

Category: Business & Economics

Page: 281

View: 6996

The World Economic Outlook is the product of a unique international exercise in information gathering and analysis performed by IMF staff to guide key initiatives and to serve IMF member countries. Published at least twice a year in English, French, Spanish, and Arabic, the World Economic Outlook offers a comprehensive picture of the international economic situation and prospects for the future. With its analyses backed by the expertise and resources of over 1,100 IMF economists, the World Economic Outlook is the authoritative reference in its field. Today, even small economic fluctuations can trigger major financial swings. It’s vital to have the latest perspective on what’s happening and where it could lead in the coming months and years. The World Economic Outlook brings you that perspective, giving you analyses, forecasts, and figures you’ll use all year long.

Recent Dynamics of Crude Oil Prices

Author: Mr. Noureddine Krichene

Publisher: International Monetary Fund

ISBN: 1451910126

Category: Business & Economics

Page: 28

View: 8279

Crude oil prices have been on a run-up spree in recent years. Their dynamics were characterized by high volatility, high intensity jumps, and strong upward drift, indicating that oil markets were constantly out-of-equilibrium. An explanation of the oil price process in terms of the underlying fundamentals of oil markets and world economy was provided, viewing pressure on oil prices mainly as a result of rigid crude oil supply and an expanding world demand for crude oil. A change in the oil price process parameters would require a change in the underlying fundamentals. Market expectations, extracted from call and put option prices, anticipated no change, in the short term, in the underlying fundamentals. Markets expected oil prices to remain volatile and jumpy, and with higher probabilities, to rise, rather than fall, above the expected mean.

The New Global Oil Market

Understanding Energy Issues in the World Economy

Author: Siamack Shojai

Publisher: Greenwood Publishing Group

ISBN: 9780275945831

Category: Business & Economics

Page: 263

View: 9802

A comprehensive volume on global oil markets. Part I provides a discussion of global oil reserves, production, and consumption trends, as well as current developments in the areas of oil pricing, futures markets, oil marketing, and refining. Part II deals with the political economy of global oil mar

The Oil Curse

How Petroleum Wealth Shapes the Development of Nations

Author: Michael L. Ross

Publisher: Princeton University Press

ISBN: 1400841925

Category: Political Science

Page: 312

View: 968

Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth--and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats--and twice as likely to descend into civil war--than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

The Battle for Barrels

Peak Oil Myths & World Oil Futures

Author: Duncan Clarke

Publisher: Profile Books

ISBN: 1846680123

Category: Business & Economics

Page: 244

View: 5132

It is widely accepted that global discoveries of conventional oil have peaked and that the era of cheap oil has gone forever. This book demonstrates that the doom and gloom of the "Peak Oil" theory is mistaken. Clarke rebuts the arguments of Peak Oil's adherents and discusses the issues they ignore - rising crude oil prices, new or future technologies, potential improved exploration acreage and/or access to restricted world oil zones, changes in government policies, new corporate strategies, development in unconventional oils, and more.

Oil and World Power (Routledge Revivals)

Author: Peter R. Odell

Publisher: Routledge

ISBN: 1134101716

Category: Business & Economics

Page: 305

View: 8175

The oil industry is the world’s largest commercial enterprise. Its extent is global; international issues are consistently influenced by considerations of oil production and consumption, while the international communications networks of the larger oil companies rival those of many nations. In this, the eighth edition of Oil and World Power, published in 1986, Peter Odell explains the complexities of this gigantic empire and its influence on the world. The far-reaching chapters discuss the U.S.A, the Soviet Union, O.P.E.C., Japan and the oil-consuming countries of the developing world. Evaluating the changing patterns of oil supply and the dramatic fall in oil prices in 1986, Odell proposes a number of forward-thinking conclusions surrounding the relationship between oil in global politics and economic development. This is an exceptionally interesting and relevant work, of great value to those with an interest in the oil industry, global power and international economic development.

Crude Oil

A Strategy for a Declining Oil Supply

Author: U.S. Government Accountability Office

Publisher: Cosimo, Inc.

ISBN: 1602067376

Category: Political Science

Page: 84

View: 3225

Planet Earth's oil is going to run out, and soon. There is no serious debate on the matter, and this sober report, by the U.S. Government Accountability Office, baldly lays out how critical the problem is. Oil production has, without question, already peaked and in decline in the U.S. and all over areas of the globe outside the Middle East... and just how much oil is left in that powder keg region is unknown. How will an increasingly industrialized-and hence energy-hungry-world meet its energy needs over the coming decades? The comprehensive 2007 report examines key Peak Oil studies to determine how long we might have before the oil supply goes into serious decline, and then explores key technologies to enhance that supply, including ultra-deep water drilling and oil shale, as well as key technologies that could displace oil consumption in the transportation sector, from ethanol and biodiesel to hydrogen cells. This is vital reading for anyone who wants to remain informed on one of the most pressing political and technological issues of our time. The GOVERNMENT ACCOUNTABILITY OFFICE was established in 1921 as the audit, evaluation, and investigative arm of the United States Congress.