In this introduction, we are going to try to give you the main points that you should know and understand about petroleum in order to fit into the picture Ill! a whole, or to Integrate, the bits and pieces of the information that you pick up from time to time in newspapers, in official reading, and so forth.
With petroleum-related spills, explosions, and health issues in the headlines almost every day, the issue of remediation of petroleum and petroleum products is taking on increasing importance, for the survival of our environment, our planet, and our future. This book is the first of its kind to explore this difficult issue from an engineering and scientific point of view and offer solutions and reasonable courses of action.
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This article endeavors to explain the rationale of vertical integration, to discuss some of the arguments surrounding divestiture,and to describe the consequences of divestiture if S. 2387 becomes law. The following discussion shows that careful examination of the structure and performance of the petroleum industry fails to yield any conclusive evidence of inordinate monopoly power. On the contrary, the economic indicia strongly suggest that at the very least the industry is "workably competitive" at all stages.' Further, the contention that divestiture would strengthen this nation's interests vis-a-vis the Organization of Petroleum Exporting Companies nations has been dispelled. Thus the grounds used publicly to justify divestiture efforts appear to be specious. Unless there is some unperceived rationale for passing such legislation, its enactment would seem to be without reason and without any avowed or discernible benefit to society.
Principal economic characteristics / J. Masseron -- Crude oil supply and demand / J. Masseron -- The economics of crude oil transportation / J. Masseron -- Finished products supply: refining / J. Masseron -- Demand and marketing of petroleum products / F. Bonis-Charancle -- Petrochemicals / J. Cheli -- Natural gas / J.L. Karnik, M. Valais -- Energy and petroleum problems of the future / J. Masseron.
States that vested in the Crown is all petroleum existing in its natural state in strata in Jamaica including the bed and subsoil of its territorial sea, its continental shelf and the exclusive economic zone.
Abstract As a major source of energy and revenue, "oil" has been rightly seen as a driver of the world's far-reaching twentieth-century social, political, and cultural transformations. But this conceptual abstraction of petroleum as a homogenous substance—lifted to the surface from static reservoirs and shipped around the world—is belied by the compositional heterogeneity of its deposits and the unpredictable dynamism of the buried geographies that hold them. Such factors have had important consequences within the histories of hydrocarbon-rich states like Iran. In the 1960s and 1970s, Iranian officials sought to build a new industry via the Shahpur Petrochemical Complex, a choice enabled by the unexpected availability of high-sulfur natural gas within the existing spaces of Iran's oil industry, and one that faced opposition from British Petroleum, which operated and largely controlled Iran's oil industry. Using archival and published materials, this article delves beneath the earth to focus on petroleum's sulfur impurities, the uncontrolled transformations of underground petroleum geographies, and the subterranean migrations of natural gas that resulted. It argues that centering notions of uncontrollability and petroleum's multiplicity opens new avenues for studying the histories of developing states like Iran, showing how the spaces opened by uncertainty were politically productive.