Taking Control of Oil

Taking Control of Oil
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 134
Release: 2009-12-01
Genre: Business & Economics
ISBN: 9292547437

This publication provides a comprehensive assessment of recent global oil price trends, the exposure of Pacific developing member countries to oil price increases and its implications for social and economic development in the region. It also offers a number of policy options for managing risks associated with heavy dependence on oil imports and proposes a path for diversifying the energy mix in Pacific developing member countries.

Oil in the Sea III

Oil in the Sea III
Author: National Research Council
Publisher: National Academies Press
Total Pages: 278
Release: 2003-03-14
Genre: Science
ISBN: 0309084385

Since the early 1970s, experts have recognized that petroleum pollutants were being discharged in marine waters worldwide, from oil spills, vessel operations, and land-based sources. Public attention to oil spills has forced improvements. Still, a considerable amount of oil is discharged yearly into sensitive coastal environments. Oil in the Sea provides the best available estimate of oil pollutant discharge into marine waters, including an evaluation of the methods for assessing petroleum load and a discussion about the concerns these loads represent. Featuring close-up looks at the Exxon Valdez spill and other notable events, the book identifies important research questions and makes recommendations for better analysis ofâ€"and more effective measures againstâ€"pollutant discharge. The book discusses: Inputâ€"where the discharges come from, including the role of two-stroke engines used on recreational craft. Behavior or fateâ€"how oil is affected by processes such as evaporation as it moves through the marine environment. Effectsâ€"what we know about the effects of petroleum hydrocarbons on marine organisms and ecosystems. Providing a needed update on a problem of international importance, this book will be of interest to energy policy makers, industry officials and managers, engineers and researchers, and advocates for the marine environment.

Blood and Oil

Blood and Oil
Author: Michael T. Klare
Publisher: Metropolitan Books
Total Pages: 306
Release: 2007-04-01
Genre: Political Science
ISBN: 1429900571

From the author of Resource Wars, a landmark assessment of the critical role of petroleum in America's actions abroad In his pathbreaking Resource Wars, world security expert Michael T. Klare alerted us to the role of resources in conflicts in the post-Cold War world. Now, in Blood and Oil, he concentrates on a single precious commodity, petroleum, while issuing a warning to the United States-its most powerful, and most dependent, global consumer. Since September 11th and the commencement of the "war on terror," the world's attention has been focused on the relationship between U.S. foreign policy in the Middle East and the oceans of crude oil that lie beneath the region's soil. Klare traces oil's impact on international affairs since World War II, revealing its influence on the Truman, Eisenhower, Nixon, and Carter doctrines. He shows how America's own wells are drying up as our demand increases; by 2010, the United States will need to import 60 percent of its oil. And since most of this supply will have to come from chronically unstable, often violently anti-American zones-the Persian Gulf, the Caspian Sea, Latin America, and Africa-our dependency is bound to lead to recurrent military involvement. With clarity and urgency, Blood and Oil delineates the United States' predicament and cautions that it is time to change our energy policies, before we spend the next decades paying for oil with blood.

Corrosion Control in the Oil and Gas Industry

Corrosion Control in the Oil and Gas Industry
Author: Sankara Papavinasam
Publisher: Gulf Professional Publishing
Total Pages: 1020
Release: 2018-11-13
Genre: Technology & Engineering
ISBN: 9780128100431

The effect of corrosion in the oil industry leads to the failure of parts. This failure results in shutting down the plant to clean the facility. The annual cost of corrosion to the oil and gas industry in the United States alone is estimated at $27 billion (According to NACE International)-leading some to estimate the global annual cost to the oil and gas industry as exceeding $60 billion. In addition, corrosion commonly causes serious environmental problems, such as spills and releases. An essential resource for all those who are involved in the corrosion management of oil and gas infrastructure, Corrosion Control in the Oil and Gas Industry provides engineers and designers with the tools and methods to design and implement comprehensive corrosion-management programs for oil and gas infrastructures. The book addresses all segments of the industry, including production, transmission, storage, refining and distribution. Selects cost-effective methods to control corrosion Quantitatively measures and estimates corrosion rates Treats oil and gas infrastructures as systems in order to avoid the impacts that changes to one segment if a corrosion management program may have on others Provides a gateway to more than 1,000 industry best practices and international standards

Oil Trading Manual

Oil Trading Manual
Author: David Long
Publisher: Elsevier
Total Pages: 1001
Release: 1995-01-01
Genre: Business & Economics
ISBN: 185573852X

The Oil Trading Manual (OTM) provides a unique and comprehensive reference source to the latest developments in the structure and conduct of the international oil markets including: - Physical characteristics and refining - Oil pricing arrangements - Physical oil markets - Forward and futures contracts - Options and swaps - Operations and logistics - Accounting and taxation - Controlling financial risk - Legal and regulatory controlOTM provides a unique and comprehensive reference source to the structure and conduct of the international oil markets. The manual covers all the major oil trading instruments and their applications; the trading centres, contracts, uses and users of both the physical and the terminal oil markets, and their administrative, management, tax, and accounting implications. It also includes vital information on changes to the international legal and regulatory structures. The manual is divided into three complementary parts; Characteristics An introduction to oil and oil trading, and includes material on the nature of oil as a commodity, refinery processes and the different ways in which oil is priced. Instruments and markets Deals with the oil market itself taking each segment in turn, explaining how the various trading instruments work and describing the markets that have evolved to trade them. It starts with the physical oil markets, moving on to forward and futures markets, followed by options and swaps. Administration Covers the essential 'back-room' activities without which oil trading could not continue. It includes practical material on operations and logistics, credit control, accounting, taxation, contracts and regulation, and controlling financial risk, providing a unique guide to the subject. Compiled from the contributions of a range of internationally respected professionals, it is the indispensable practical companion for all those involved with trading in this complex commodity. Revised and updated 2003

Crude Volatility

Crude Volatility
Author: Robert McNally
Publisher: Columbia University Press
Total Pages: 336
Release: 2017-01-17
Genre: Business & Economics
ISBN: 0231543689

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.

Turning Oil Into Salt

Turning Oil Into Salt
Author: Gal Luft
Publisher: Booksurge Publishing
Total Pages: 0
Release: 2009
Genre: Energy policy
ISBN: 9781439248478

In Turning Oil into Salt: Energy Independence Through Fuel Choice Gal Luft and Anne Korin redefine energy independence and chart a compelling out-of-the-box route for America to get there.

Oil Revolution

Oil Revolution
Author: Christopher R. W. Dietrich
Publisher: Cambridge University Press
Total Pages: 371
Release: 2017-06-16
Genre: History
ISBN: 131673952X

Through innovative and expansive research, Oil Revolution analyzes the tensions faced and networks created by anti-colonial oil elites during the age of decolonization following World War II. This new community of elites stretched across Iran, Iraq, Saudi Arabia, Venezuela, Algeria, and Libya. First through their western educations and then in the United Nations, the Arab League, and the Organization of Petroleum Exporting Countries, these elites transformed the global oil industry. Their transnational work began in the early 1950s and culminated in the 1973–4 energy crisis and in the 1974 declaration of a New International Economic Order in the United Nations. Christopher R. W. Dietrich examines how these elites brokered and balanced their ambitions via access to oil, the most important natural resource of the modern era.