The Mythology, History, and Future of the World's Most Controversial Resource Maugeri, Leonardo Primary Author mixed material bibliography USA Praeger Publisher 2006 monographic 1st en English

Text

362p Oil is the most vital resource of our time. Because it is so important, misperceptions about the black gold abound. Leonardo Maugeri clears the cobwebs by describing the colorful history of oil, and explaining the fundamentals of oil production. He delivers a unique, fascinating, and controversial perspective on the industry―as only an insider could. The history of the oil market has been marked, since its inception, by a succession of booms and busts, each one leading to a similar psychological climax and flawed political decisions. In a single generation, we've experienced the energy crisis of 1973; the dramatic oil countershock of 1986; the oil collapse of 1998-99 that gave rise to the idea of oil as just another commodity; and the sharp price increases following hurricane Katrina's devastation in the Gulf of Mexico. Today, we are experiencing a global oil boom that, paradoxically, seems to herald a gloomy era of scarcity exacerbated by growing consumption and the threat from Islamic terrorism in the oil-rich Middle East. Petroleum Industry 553.2829780275990084 Podomoro University Digital Library 553.282 Mau t The_Age_of_Oil.jpg.jpg 731 2016-05-03 15:39:29 2016-05-03 15:39:43 machine generated