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The Resource A profile of the oil and gas industry : resources, market forces, geopolitics, and technology, Linda Herkenhoff, (electronic resource)

A profile of the oil and gas industry : resources, market forces, geopolitics, and technology, Linda Herkenhoff, (electronic resource)

Label
A profile of the oil and gas industry : resources, market forces, geopolitics, and technology
Title
A profile of the oil and gas industry
Title remainder
resources, market forces, geopolitics, and technology
Statement of responsibility
Linda Herkenhoff
Creator
Subject
Language
eng
Summary
  • As early as 3000 BC, we know that the people of Mesopotamia were using crude oil as a tar for building ships and houses, so, it is not by any means a new industry, but it is a volatile one. Oil and gas are important to every aspect of our economy yet this industry is distinguished by its combination of increasing demands and decreasing discovery volumes; and it is an industry shrouded in an environment of extremely volatile pricing. Although the profits enjoyed by the oil and gas industry are enormous, the industry remains one of the most capital intensive in a world where rising expenses continue to threaten to squeeze profit margins
  • Annotation:
Related
Member of
Cataloging source
CaBNVSL
http://library.link/vocab/creatorName
Herkenhoff, Linda
Dewey number
338.27282
LC call number
HD9560.5
LC item number
.H476 2014
Series statement
Industry profiles collection
http://library.link/vocab/subjectName
Petroleum industry and trade
Summary expansion
Oil and gas are important to every aspect of our economy, yet the oil and gas industry is distinguished by its combination of increasing demands and decreasing discovery volumes--and it is an industry shrouded in an environment of extremely volatile pricing. Although the profits enjoyed by the oil and gas industry are enormous, the industry remains one of the most capital-intensive in a world where rising expenses continue to threaten to squeeze profit margins. Geopolitics may continue to be the most important variable in maintaining existing assets and in successfully achieving new discoveries and carrying out their subsequent development. But finding new oil and gas reserves is becoming more challenging and the places where hydrocarbons are being found are more remote. Thus technology advances are also a key variable to enable exploration, drilling and development to become economically feasible in some of these more difficult operating environments. For the last century oil and gas additions have exceeded demand but has this industry now reached a 'peak oil' situation? Some experts argue we are on the cusp of maximum oil production while others suggest we are still about a decade away. Natural gas demand however, is rising at a slightly faster rate than oil. Natural gas may be the immediate replacement fuel for oil as a source of clean and efficient electric power generation. Three out of the top ten Fortune 500 companies were oil/gas companies in 2011. This short introduction to the oil and gas industry will focus on history, operations, major companies, outside market forces, regulation and the current challenges the industry faces. Such factors as finite natural resources, the environment, economics, geopolitics, and technology will all come into play in the narrative. The book will demonstrate how the leaders of this industry, former champions of progress, are now coming under scrutiny and being depicted as the biggest culprits of environmental degradation. Yet the industry is likely to continue to grow until some form of alternate fuels is developed. The oil and gas industry will continue to have an enormous impact on life on the planet
Label
A profile of the oil and gas industry : resources, market forces, geopolitics, and technology, Linda Herkenhoff, (electronic resource)
Instantiates
Publication
Note
Part of: 2014 digital library
Bibliography note
Includes bibliographical references (pages 125-132) and index
Contents
1. Introduction -- 2. How the industry operates -- 3. Industry organization and competition -- 4. Market forces -- 5. Regulations of the oil industry -- 6. Challenges and opportunities -- Notes -- References -- Index
Control code
OCM1bookssj0001141704
Dimensions
unknown
Edition
First edition.
Isbn
9781606495018
Isbn Type
(e-book)
Specific material designation
remote
System control number
(WaSeSS)bookssj0001141704
System details
  • Mode of access: World Wide Web
  • System requirements: Adobe Acrobat reader
Label
A profile of the oil and gas industry : resources, market forces, geopolitics, and technology, Linda Herkenhoff, (electronic resource)
Publication
Note
Part of: 2014 digital library
Bibliography note
Includes bibliographical references (pages 125-132) and index
Contents
1. Introduction -- 2. How the industry operates -- 3. Industry organization and competition -- 4. Market forces -- 5. Regulations of the oil industry -- 6. Challenges and opportunities -- Notes -- References -- Index
Control code
OCM1bookssj0001141704
Dimensions
unknown
Edition
First edition.
Isbn
9781606495018
Isbn Type
(e-book)
Specific material designation
remote
System control number
(WaSeSS)bookssj0001141704
System details
  • Mode of access: World Wide Web
  • System requirements: Adobe Acrobat reader

Library Locations

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    • Leon E. Bloch Law LibraryBorrow it
      500 E. 52nd Street, Kansas City, MO, 64110, US
      39.032488 -94.581967
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