A profile of the oil and gas industry: resources, market forces, geopolitics, and technology

Book Cover
Publisher:
Business Expert Press
Pub. Date:
Varies, see individual formats and editions
Language:
English
Description
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.
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ISBN:
9781606495018
9781631579028
9781606495001
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Grouping Information

Grouped Work ID7465a2c8-d8b3-fb41-4d1f-f39cd5fd9ca9
Grouping Titleprofile of the oil and gas industry resources market forces geopolitics and technology
Grouping Authorlinda herkenhoff
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2024-03-24 08:49:07AM
Last Indexed2024-03-29 00:06:02AM

Solr Fields

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Herkenhoff, Linda
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Herkenhoff, Linda
available_at_ccu
CCU Electronic Resources
detailed_location_ccu
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display_description
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.
format_category_ccu
eBook
format_ccu
eBook
id
7465a2c8-d8b3-fb41-4d1f-f39cd5fd9ca9
isbn
9781606495001
9781606495018
9781631579028
itype_ccu
E-book
last_indexed
2024-03-29T06:06:02.385Z
lexile_score
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literary_form_full
Non Fiction
owning_library_ccu
Colorado Christian University Online
owning_location_ccu
CCU Electronic Resources
primary_isbn
9781606495018
publishDate
2013
2014
2018
publisher
Business Expert Press
recordtype
grouped_work
series
2013 digital library
2014 digital library
Industry profiles collection
series_with_volume
2013 digital library|
2014 digital library|
Industry profiles collection|
subject_facet
BUSINESS & ECONOMICS -- Industries -- General
Electronic books
Petroleum industry and trade
energy
gas
hydrocarbons
oil
petroleum
resources
title_display
A profile of the oil and gas industry : resources, market forces, geopolitics, and technology
title_full
A Profile of the Oil and Gas Industry : Resources, Market Forces, Geopolitics, and Technology Herkenhoff, Linda.
A profile of the oil and gas industry : resources, market forces, geopolitics, and technology / Linda Herkenhoff
title_short
A profile of the oil and gas industry
title_sub
resources, market forces, geopolitics, and technology
topic_facet
BUSINESS & ECONOMICS
General
Industries
Petroleum industry and trade
energy
gas
hydrocarbons
oil
petroleum
resources

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