| Description |
1 online resource (xvi, 315 pages) : illustrations |
| Series |
Center on Global Energy Policy Series |
| Contents |
Cover; Series Page; Title Page; Copyright; Dedication; Epigraph; Contents; Preface; Acknowledgments; Author's Note; Introduction: The Texas Paradox; Part One: The Long Struggle For Stability: 1859-1972; 1. And Then There Was Light: From Chaos To Order in The Kerosene Era (1859-1911); 2. No Rockefeller, No Peace: Boom-Bust Returns; 3. Why Are Oil Prices Prone To Boom-Bust Cycles?; 4. The Texas Era Of Price Stability: U.S. Supply Controls And International Cartelization (1934-1972); Part Two: The Opec Era: 1973-2008; 5. The Birth of Opec: 1960-1969 |
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6. Opec Takes Control From Texas And The Seven Sisters: 1970-19807. Opec's Rude Awakening: 1981-1990; 8. Opec Muddles Through: 1991-2003; 9. Twilight: Opec's Power To Prevent Price Spikes Ebbs And Vanishes: 2004-2008; 10. Oil's Third Boom-Bust Era: 2009-?; Epilogue; Notes; Bibliography; Index |
| Summary |
Oil is the lifeblood of modern civilization, ranking alongside food as one of our most critical commodities. It drives geopolitical, economic, and financial affairs, as well as environmental debates and policymaking. As the place of oil in our global economy has evolved, so too has the way we buy and sell it, with rudimentary transactions at the wellhead developing into a sophisticated and complex global market. Yet while today's oil market bears little resemblance to the one born in the valleys and creeks of western Pennsylvania more than 150 years ago, one core feature remains: a natural ten |
| Bibliography |
Includes bibliographical references and index |
| Notes |
In English |
| Subject |
Organization of Petroleum Exporting Countries.
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| SUBJECT |
Organization of Petroleum Exporting Countries fast |
| Subject |
Petroleum industry and trade -- United States -- History
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Petroleum products -- Prices -- United States
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Petroleum reserves -- United States.
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HISTORY -- Middle East -- General.
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Petroleum industry and trade
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Petroleum products -- Prices
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Petroleum reserves
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United States
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| Genre/Form |
History
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| Form |
Electronic book
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| ISBN |
0231543689 |
|
9780231543682 |
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9780231178143 |
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023117814X |
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