Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabia’s troubled oil industry, not to mention its political and societal instability, which differs sharply from the globally accepted Saudi version. It’s a story that is provocative and disturbing, based on undeniable facts, but until now never told in its entirety. Twilight in the Desert answers all readers’ questions about Saudi oil and production industries with keen examination instead of unsubstantiated posturing, and takes its place as one of the most important books of this still-young century.
The must-read summary of Matthew R. Simmons's book: “Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy”. This complete summary of "Twilight in the Desert" by Matthew R. Simmons, a prominent public figure and name in the oil industry, presents his examination of the demand of oil and reveals that Saudi oil resources have been mismanaged and that this could lead to a catastrophic oil shortage. He lays out what Saudi Arabia and the rest of the world should do to prevent this crisis. Added-value of this summary: • Save time • Understand the threat posed to the oil industry in Saudi Arabia • Expand your knowledge of international politics and industry To learn more, read "Twilight in the Desert" and discover what can be done to save the oil industry from the brink of crisis.
The spike in the oil price to almost $150 per barrel in summer 2008 was the last great excess of the crazed noughties bull markets, staged even as stock markets crumbled worldwide. Contrary to entrenched establishment opinion still embraced by many, 'Petromania' proves this oil price blowout was a classic speculative bubble, but driven primarily by new modes of financial speculation. Demolishing widespread, oft-repeated but incorrect arguments that such trade in paper barrels cannot move oil prices, 'Petromania' details how this financialisation of the oil markets meshed with other trends to create a moment that saw investment banks and hedge funds collectively wield more power over the price of black gold than OPEC or any multinational oil company. It also shows how regulatory blindness to the 'dark matter' of modern finance caused so many to confuse fantasy with reality for so long. 'Petromania' matters not just because fortunes were won and lost in oil's dizzying ascent and crash, but because this bubble spelled misery for ordinary people worldwide, destabilised developing world governments, and delayed interest rate cuts desperately needed to address the ongoing global recession. 'Petromania' matters because while all eyes are on the crippled banking system, we risk ignoring valuable lessons about twenty-first century markets from this other great boom-and-bust - even as the forces that blew the bubble are once again at work. And 'Petromania', this tale of black gold, dark matter and paper barrels, is written by one of the few commentators who correctly called the bubble before it burst.
Ron Rhodes, a leading scholar on biblical prophecy, reveals how looming tensions over oil factor into end-time global alignments and how they may lead to a dramatic shift in the balance of power in the world. Much of the world's oil is in the custody of unstable and sometimes hostile regimes. Nations around the world are positioning themselves to protect their shrinking piece of the pie of dwindling oil reserves. Global tensions continue to rise. In The Coming Oil Storm Rhodes documents the role of Islam as the religion in control of most of the world's oil reserves and shows convincingly that once Muslims are in possession of the two swords of oil and nuclear weapons, they will feel empowered to act as they wish. Oil could even play a role in the path to Armageddon. The Coming Oil Storm is an essential guide for understanding the state of the world today...and what's yet to come.
Ownership and Control of Oil examines government decisions about how much control to exert over the petroleum industry, focusing on the role of National Oil Companies in the production of crude oil since the nationalizations in the 1970s. What are the motives for which some producing states opt for less and NOT more control of their oil production sector? When can International Oil Companies enter the upstream industry of producing states and under what conditions? The diversity of policy choices across producers provides the stage for this investigation: different theoretical explanations are confronted, with the empirical evidence, with the aim of finally proposing an interdisciplinary framework of analysis to explain who controls oil production around the world. This book is intended for both specialists and general readers who have an interest in the issue of government control of the petroleum industry. Due to its multidisciplinary approach, the book is aimed at a large academic public composed of scholars of Political Science, International Political Economy, Comparative Politics, and Middle East Area Studies. Moreover, this book should be relevant to international consultants, industry professionals and decision-makers in countries assessing their experience with existing control structures as well as the many countries in the process of joining the ‘petroleum club’ of oil producing nations.
The present energy economy, with its heavy dependence on fossil fuels, is not sustainable over the medium to long term for many interconnected reasons. Climate change is now recognized as posing a serious threat. Energy and resource decisions involving the carbon fuels therefore play a large role in this threat. Fossil fuel reserves may also be running short and many of the major reserves are in politically unstable parts of the world. Yet citizens in nations with rapidly developing economies aspire to the benefits of the modern energy economy. China and India alone have 2.4 billion potential customers for cars, industries, and electrical services. Even so, more than half of the world's citizens still lack access to energy. Decisions involving fossil fuels are therefore a significant part of the development equation. This volume explains how the law can impede or advance the shift to a world energy picture significantly different from that which exists today. It first examines the factors that create the problems of the present carbon economy, including environmental concerns and development goals. It then provides international and regional legal perspectives, examining public international law, regional legal structures, the responses of international legal bodies, and the role of major international nongovernmental actors. The book then moves on to explore sectoral perspectives including the variety of renewable energy sources, new carbon fuels, nuclear power, demand controls, and energy efficiency. Finally, the authors examine how particular States are, could, or should, be adapting legally to the challenges of moving beyond the carbon economy.
Gary Sernovitz leads a double life. A typical New York liberal, he is also an oilman - a fact his left-leaning friends let slide until the word "fracking" entered popular parlance. "How can you frack?" they suddenly demanded, aghast. But for Sernovitz, the real question is, "What happens if we don't?" Fracking has become a four-letter word to environmentalists. But most people don't know what it means. In his fast-paced, funny, and lively book, Sernovitz explains the reality of fracking: what it is, how it can be made safer, and how the oil business works. He also tells the bigger story. Fracking was just one part of a shale revolution that shocked our assumptions about fueling America's future. The revolution has transformed the world with consequences for the oil industry, investors, environmentalists, political leaders, and anyone who lives in areas shaped by the shales, uses fossil fuels, or cares about the climate - in short, everyone. Thanks to American engineers' oilfield innovations, the United States is leading the world in reducing carbon emissions, has sparked a potential manufacturing renaissance, and may soon eliminate its dependence on foreign energy. Once again the largest oil and gas producer in the world, America has altered its balance of power with Russia and the Middle East. Yet the shale revolution has also caused local disruptions and pollution. It has prolonged the world's use of fossil fuels. Is there any way to reconcile the costs with the benefits of fracking? To do so, we must start by understanding fracking and the shale revolution in their totality. The Green and the Black bridges the gap in America's energy education. With an insider's firsthand knowledge and unprecedented clarity, Sernovitz introduces readers to the shales - a history-upturning "Internet of oil" - tells the stories of the shale revolution's essential characters, and addresses all the central controversies. To capture the economic, political, and environmental prizes, we need to adopt a balanced, informed perspective. We need to take the green with the black. Where we go from there is up to us.
“It started with murder. She knew too much. ... I am a time traveler out of necessity. I love her. I’m the time traveler, first to do what I just did. I voyaged back and altered history for my wife. I know the proverbs warn that only bad can come from this. Tonight I’ll find out.” —The Voyager, 2071 In 2071, on Solar7, nineteen-year-old T. C.’s heart is shattered by loss when Jewel, his love and a member of the Space Corps, has heard of a mysterious time-erasing chronometer of alien origin. She will soon pay for her curiosity with her life. Desperate and grief-stricken, T. C. enlists in the corps with a secret agenda. He decides to steal the chronometer so he can travel back in time. Going into his own past, T. C. gives himself eight days to alter history in order to save her. His only desire is to fix things, but in his youthful enthusiasm, he’ll only make things much worse. Much worse. He returns to his own time to find a universe in chaos. Jewel lives, but he doesn’t recognize the evil person she has become, and she has no idea who he is. The butterfly effect ripples through the universe, and the young man is lost in a world he can’t understand. He’s now an outcast, hunted by her and enemies he didn’t even know he had. Can he set things right with another journey to the past? Will his enemies let him survive long enough to even make the attempt? Only time will tell.