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A pipeline runs through it : the story of oil from ancient times to the First World War
Petroleum has always been used by humans: as an adhesive by Neanderthals, as a waterproofing agent in Noah's Ark and as a weapon during the Crusades. Its eventual extraction from the Earth in vast quantities transformed light, heat and power. A fresh, comprehensive in-depth look at the social, economic, political and geopolitical forces involved in our transition to the modern oil age, this title tells an extraordinary origin story, from the pre-industrial history of petroleum through to large-scale production in the mid-19th century and the development of a dominant, fully-fledged oil industry by the early 20th century. In an entirely new analysis, the book shows how the British navy's increasingly desperate dependence on vulnerable foreign sources of oil may have been a catalytic ingredient in the outbreak of WWI. The rise of oil has shaped the modern world, and this is the book to understand it.
Book
Historical dictionary of the petroleum industry
The petroleum industry is unique: it is an industry without which modern civilization would collapse. Despite the advances in alternative energy, petroleum's role is still central. Petroleum still drives economics, geopolitics, and sometimes war. The history of petroleum is, to some measure, the history of the modern world. This book represents a concise but complete one-volume reference on the history of the petroleum industry from pre-modern times to the present day, covering all aspects of business, technology, and geopolitics. The book also presents an analysis of the future of petroleum, and a highly useful set of statistical graphs. Anyone interested in the history, status, and outlook for petroleum will find this book a uniquely valuable first place to look. This new second edition incorporates all the revolutionary changes in the petroleum landscape since the first edition was published, including the boom in extraction of oil and gas from shale formations using techniques such as fracking and horizontal drilling.
This second edition of Historical Dictionary of the Petroleum Industry contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on companies, people, events, technologies, countries, provinces, cities, and regions related to the history of the world's petroleum industry. This book is an excellent resource for students, researchers, and anyone wanting to know more about the petroleum industry.
eBook
The paranoid style in American diplomacy : oil and Arab nationalism in Iraq
A new history of Middle East oil and the deep roots of American violence in Iraq.
Iraq has been the site of some of the United States' longest and most sustained military campaigns since the Vietnam War. Yet the origins of US involvement in the country remain deeply obscured—cloaked behind platitudes about advancing democracy or vague notions of American national interests. With this book, Brandon Wolfe-Hunnicutt exposes the origins and deep history of US intervention in Iraq.
The Paranoid Style in American Diplomacy weaves together histories of Arab nationalists, US diplomats, and Western oil execs to tell the parallel stories of the Iraq Petroleum Company and the resilience of Iraqi society. Drawing on new evidence—the private records of the IPC, interviews with key figures in Arab oil politics, and recently declassified US government documents—Wolfe-Hunnicutt covers the arc of the twentieth century, from the pre-WWI origins of the IPC consortium and decline of British Empire, to the beginnings of covert US action in the region, and ultimately the nationalization of the Iraqi oil industry and perils of postcolonial politics.
American policy makers of the Cold War era inherited the imperial anxieties of their British forebears and inflated concerns about access to and potential scarcity of oil, giving rise to a \"paranoid style\" in US foreign policy. Wolfe-Hunnicutt deconstructs these policy practices to reveal how they fueled decades of American interventions in the region and shines a light on those places that America's covert empire builders might prefer we not look.
eBook
Black gold : the story of oil in our lives
A history of the slick and foul-smelling substance that drives our existence and that becomes scarcer as our dependence on it grows.
Book
Crude volatility
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 Volatilityexplains 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.
eBook
Market madness : a century of oil panics, crises, and crashes
In Market Madness: A Century of Oil Panics, Crises, and Crashes, Blake Clayton uses four historical case studies to document claims about the future of the U.S. oil supply and discuss their impact on the market and policymaking. He explores the conditions in which oil supply fears arise, gain popularity, and eventually wane, and shows how important such stories can be in affecting financial markets. He takes an innovative approach commonly used to assess the role of \"irrational exuberance\" in the technology and housing markets to determine how unfounded pessimism affects markets in oil and other exhaustible resources. Clayton argues that the lessons to be learned from this history are the need for quality data about US and global oil reserves, the importance of clear communication from Washington about energy markets and resources, and the value of greater transparency in financial transactions in commodities markets.
eBook
Urban violence in the Middle East
Covering a period from the late eighteenth century to today, this volume explores the phenomenon of urban violence in order to unveil general developments and historical specificities in a variety of Middle Eastern contexts. By situating incidents in particular processes and conflicts, the case studies seek to counter notions of a violent Middle East in order to foster a new understanding of violence beyond that of a meaningless and destructive social and political act. Contributions explore processes sparked by the transition from empires — Ottoman and Qajar, but also European — to the formation of nation states, and the resulting changes in cityscapes throughout the region.
eBook