The Myth of the Oil Crisis

The Myth of the Oil Crisis

Author: Robin M. Mills

Publisher: Praeger

Published: 2008-08-30

Total Pages: 344

ISBN-13:

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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.


Book Synopsis The Myth of the Oil Crisis by : Robin M. Mills

Download or read book The Myth of the Oil Crisis written by Robin M. Mills and published by Praeger. This book was released on 2008-08-30 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Oil Crisis

The Oil Crisis

Author: Fiona Venn

Publisher: Routledge

Published: 2016-07-01

Total Pages: 230

ISBN-13: 1317884000

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In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.


Book Synopsis The Oil Crisis by : Fiona Venn

Download or read book The Oil Crisis written by Fiona Venn and published by Routledge. This book was released on 2016-07-01 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.

The Netherlands and the Oil Crisis

The Netherlands and the Oil Crisis

Author: Duco Hellema

Publisher: Amsterdam University Press

Published: 2004

Total Pages: 321

ISBN-13: 9053564853

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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.


Book Synopsis The Netherlands and the Oil Crisis by : Duco Hellema

Download or read book The Netherlands and the Oil Crisis written by Duco Hellema and published by Amsterdam University Press. This book was released on 2004 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Oil Shock

Oil Shock

Author: Elisabetta Bini

Publisher: Bloomsbury Publishing

Published: 2016-05-27

Total Pages: 281

ISBN-13: 0857727559

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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.


Book Synopsis Oil Shock by : Elisabetta Bini

Download or read book Oil Shock written by Elisabetta Bini and published by Bloomsbury Publishing. This book was released on 2016-05-27 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Panic at the Pump

Panic at the Pump

Author: Meg Jacobs

Publisher: Macmillan

Published: 2016-04-19

Total Pages: 385

ISBN-13: 0809058472

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"A detailed historical narrative of the U.S. energy crisis in the 1970s and how policymakers responded to the turmoil"--


Book Synopsis Panic at the Pump by : Meg Jacobs

Download or read book Panic at the Pump written by Meg Jacobs and published by Macmillan. This book was released on 2016-04-19 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A detailed historical narrative of the U.S. energy crisis in the 1970s and how policymakers responded to the turmoil"--

Oil Crisis in Iran

Oil Crisis in Iran

Author: Ervand Abrahamian

Publisher: Cambridge University Press

Published: 2021-06-24

Total Pages: 215

ISBN-13: 1108837492

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Illuminates the influence of the US in internal Iranian politics long before the 1953 coup by examining recently declassified CIA and US State Department documents.


Book Synopsis Oil Crisis in Iran by : Ervand Abrahamian

Download or read book Oil Crisis in Iran written by Ervand Abrahamian and published by Cambridge University Press. This book was released on 2021-06-24 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: Illuminates the influence of the US in internal Iranian politics long before the 1953 coup by examining recently declassified CIA and US State Department documents.

The Oil Crisis

The Oil Crisis

Author: Fiona Venn

Publisher: Routledge

Published: 2016-07-01

Total Pages: 210

ISBN-13: 1317883993

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In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.


Book Synopsis The Oil Crisis by : Fiona Venn

Download or read book The Oil Crisis written by Fiona Venn and published by Routledge. This book was released on 2016-07-01 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: In October 1973 two crises – one economic, one political – intersected, with dramatic and long term consequences for international relations. On 6 October, Egypt and Syria launched an attack on Israel, and within a few days the major Arab oil producers announced their support by use of the ‘oil weapon’, including a boycott of supplies for countries friendly to Israel and a programme of production cuts. This was followed by the unilateral declaration of a steep increase in the price of oil by the Organization of Petroleum Exporting Countries (OPEC). The result was international panic and world recession. Crude oil prices soared by a massive fourfold in just three months. The West's vulnerability had been exposed: it was being held hostage to oil. Yet, despite efforts to address this dependence on oil imports in following years, the 1979 Iranian Revolution triggered a further upward surge in prices. Today, the importance of oil remains at the forefront of the West's foreign policy calculations in the Middle East. In this fascinating and timely new look at the oil crisis, Fiona Venn examines these issues and the more unexpected effects of the crisis. She asks just how much really changed in the economic balance of power. Most importantly she argues that OPEC was used as a scapegoat for the world recession, which had been already underway when the crisis detonated.

Oil Crisis

Oil Crisis

Author: Colin John Campbell

Publisher: multi-science publishing

Published: 2005

Total Pages: 428

ISBN-13: 9780906522394

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"Colin Campbell is renowned for his lucid earlier work, 'The coming oil crisis'. Eight years on, events have proved his analysis right. Now, he argues that the oil crisis has come. The familiar technical explanation of the crisis is carefully made again : essentially, that there is no more oil to be found. That fact is beginning to manifest itself in heightened competition for the remaining resource ; which is why America invaded Iraq ; why Central Asia is in turmoil ; why oil is persistently priced above $50/barrel (and why Goldman Sachs think $100 a barrel is not too unlikely in the near future). The problem - of an oil-less world - is beyond the grasp of politicians. They can fiddle with ideas about renewables or hydrogen but they, along with most of humanity, have not really grasped that it is the oil economy that enables about a 7 billion world population to be sustained. A wholly new world is imminent. It is not likely to be very pleasant. Dr Campbell outlines our grim future." -- book cover.


Book Synopsis Oil Crisis by : Colin John Campbell

Download or read book Oil Crisis written by Colin John Campbell and published by multi-science publishing. This book was released on 2005 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Colin Campbell is renowned for his lucid earlier work, 'The coming oil crisis'. Eight years on, events have proved his analysis right. Now, he argues that the oil crisis has come. The familiar technical explanation of the crisis is carefully made again : essentially, that there is no more oil to be found. That fact is beginning to manifest itself in heightened competition for the remaining resource ; which is why America invaded Iraq ; why Central Asia is in turmoil ; why oil is persistently priced above $50/barrel (and why Goldman Sachs think $100 a barrel is not too unlikely in the near future). The problem - of an oil-less world - is beyond the grasp of politicians. They can fiddle with ideas about renewables or hydrogen but they, along with most of humanity, have not really grasped that it is the oil economy that enables about a 7 billion world population to be sustained. A wholly new world is imminent. It is not likely to be very pleasant. Dr Campbell outlines our grim future." -- book cover.

The Crisis in Energy Policy

The Crisis in Energy Policy

Author: John M. Deutch

Publisher: Harvard University Press

Published: 2011-10-05

Total Pages: 193

ISBN-13: 0674062922

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Our future depends on what we do about energy. This stark fact, clear since the oil embargo of the 1970s, has been hammered home through crisis after crisis—and yet our government has failed to come up with a coherent energy policy. John Deutch, with his extraordinary mix of technical, scholarly, corporate, and governmental expertise in the realm of energy, is uniquely qualified to explain what has stood in the way of progress on this most pressing issue. His book is at once an eye-opening history of the muddled practices that have passed for energy policy over the past thirty years, and a cogent account of what we can and should learn from so many breakdowns of strategy and execution. Three goals drive any comprehensive energy policy: develop an effective approach to climate change; transition from fossil fuels to renewable energy technologies; and increase the efficiency of energy use to reduce dependence on imported oil. Why has every effort in this direction eventually fallen short? Deutch identifies the sources of this failure in our popular but unrealistic goals, our competing domestic and international agendas, and our poor analysis in planning, policy-making, and administering government programs. Most significantly, The Crisis in Energy Policy clarifies the need to link domestic and global considerations, as well as the critical importance of integrating technical, economic, and political factors. Written for experts and citizens alike, this book will strengthen the hand of anyone concerned about the future of energy policy.


Book Synopsis The Crisis in Energy Policy by : John M. Deutch

Download or read book The Crisis in Energy Policy written by John M. Deutch and published by Harvard University Press. This book was released on 2011-10-05 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our future depends on what we do about energy. This stark fact, clear since the oil embargo of the 1970s, has been hammered home through crisis after crisis—and yet our government has failed to come up with a coherent energy policy. John Deutch, with his extraordinary mix of technical, scholarly, corporate, and governmental expertise in the realm of energy, is uniquely qualified to explain what has stood in the way of progress on this most pressing issue. His book is at once an eye-opening history of the muddled practices that have passed for energy policy over the past thirty years, and a cogent account of what we can and should learn from so many breakdowns of strategy and execution. Three goals drive any comprehensive energy policy: develop an effective approach to climate change; transition from fossil fuels to renewable energy technologies; and increase the efficiency of energy use to reduce dependence on imported oil. Why has every effort in this direction eventually fallen short? Deutch identifies the sources of this failure in our popular but unrealistic goals, our competing domestic and international agendas, and our poor analysis in planning, policy-making, and administering government programs. Most significantly, The Crisis in Energy Policy clarifies the need to link domestic and global considerations, as well as the critical importance of integrating technical, economic, and political factors. Written for experts and citizens alike, this book will strengthen the hand of anyone concerned about the future of energy policy.

The Economics of the Oil Crisis

The Economics of the Oil Crisis

Author: T. M. Rybczynski

Publisher:

Published: 1976

Total Pages: 0

ISBN-13: 9780841902350

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Book Synopsis The Economics of the Oil Crisis by : T. M. Rybczynski

Download or read book The Economics of the Oil Crisis written by T. M. Rybczynski and published by . This book was released on 1976 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: