Profits and Power: Navigating the Politics and Geopolitics of Oil by David A. De

Description: Profits and Power by David A. Detomasi Untangling the web of global oil production, Profits and Power explains the politics, geopolitics, and economics of this commodity for a lay audience, with an eye toward understanding the future of the industry. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description Untangling the web of global oil production, Profits and Power explains the politics, geopolitics, and economics of this commodity for a lay audience, with an eye toward understanding the future of the industry.Oil fuels the global economy and remains a staple of our energy system. Yet, its production and use continue to draw negative criticism, and an increasing number of people want to reduce or eliminate its use altogether.Profits and Power sheds light on how the oil system works, its key players, and the political and geopolitical issues related to its use. Starting in the second half of the nineteenth century, the book traces the fascinating history of how oil production and its sale became the worlds most profitable business. Tracing distinct eras in oils recent and not-so-recent past, Profits and Power shows how periods defined by shifts in price often dictated who controlled production, and who enjoyed the often enormous riches oil production generated. David A. Detomasi weaves together politics, geopolitics, and economics to provide a complete picture of how the system really works, and what direction it will take in the future.As the world becomes increasingly aware of the dangers and challenges oil dependency creates, knowledge of this crucial commodity has never been more relevant and critical for humanitys future. Profits and Power will resonate with anyone interested in, or charged with responding to, our evolving energy future. Author Biography DAVID A. DETOMASI is an associate professor of international business at the Smith School of Business and Distinguished Faculty Fellow in International Business at Queens University. Table of Contents 1. Introduction2. A Primer on the Oil Industry3. The Legacy of Oil: 1858–20004. The Oil Market, 2000–2014: Rising Prices and the Perils of Profit5. The Politics, Geopolitics, and Global Governance of Oil: 2000–20146. The Politics and Markets of a Price Fall: 2014–20197. 2020 and Beyond: Oil in the Post-Pandemic WorldConclusion NotesIndex Review "The global oil market has long been the murky domain of international intrigue and secret power struggles, but Profits and Power offers a rare, penetrating look at its inner workings. This sweeping and accessible book by David A. Detomasi adds a dose of reality to the current debate around the future of oil."--Stephen Poloz, Special Advisor, Osler Hoskin & Harcourt, former Governor of the Bank of Canada, and author of The Next Age of Uncertainty"David A. Detomasis book is an interwoven crash-course in both the history and economics of oil and gas and should be required reading for anyone interested or involved in the industry, whether a proponent or opponent of it. He documents the facts in an interesting, engaging, and neutral way - also giving air to a variety of views and opinions arising from those facts. I came away concluding that the only predictable thing about oil and gas is its unpredictability and its ongoing importance, both currently and foreseeably, in our geopolitical and economic realities."--Steve Major, Chair, 71st Canadian Energy Executive Association"A frank and highly accessible overview and in-depth analysis of the history, politics, linkages, and global oil economics that both propel and govern why and how oil matters so much. A fundamental building block to understanding the fossil fuel journey and challenge for this and future generations."--Hon. Hugh D. Segal, Former Chief of Staff to Prime Minister Brian Mulroney Long Description Untangling the web of global oil production, Profits and Power explains the politics, geopolitics, and economics of this commodity for a lay audience, with an eye toward understanding the future of the industry. Oil fuels the global economy and remains a staple of our energy system. Yet, its production and use continue to draw negative criticism, and an increasing number of people want to reduce or eliminate its use altogether. Profits and Power sheds light on how the oil system works, its key players, and the political and geopolitical issues related to its use. Starting in the second half of the nineteenth century, the book traces the fascinating history of how oil production and its sale became the worlds most profitable business. Tracing distinct eras in oils recent and not-so-recent past, Profits and Power shows how periods defined by shifts in price often dictated who controlled production, and who enjoyed the often enormous riches oil production generated. David A. Detomasi weaves together politics, geopolitics, and economics to provide a complete picture of how the system really works, and what direction it will take in the future. As the world becomes increasingly aware of the dangers and challenges oil dependency creates, knowledge of this crucial commodity has never been more relevant and critical for humanitys future. Profits and Power will resonate with anyone interested in, or charged with responding to, our evolving energy future. Details ISBN1487520107 Author David A. Detomasi Short Title Profits and Power Publisher University of Toronto Press Series UTP Insights Language English Year 2022 ISBN-10 1487520107 ISBN-13 9781487520106 Format Paperback Subtitle Navigating the Politics and Geopolitics of Oil Imprint University of Toronto Press Place of Publication Toronto Country of Publication Canada Pages 336 Illustrations 9 b&w figures, 1 b&w table Publication Date 2022-07-14 UK Release Date 2022-07-14 Alternative 9781487500160 DEWEY 338.27282 Audience Tertiary & Higher Education AU Release Date 2022-08-31 We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:161871760;

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