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  • Author: Robert McNally
  • Publication Date: 01-2017
  • Content Type: Book
  • Institution: Columbia University Press
  • Abstract: As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.
  • Topic: Economics, Oil, OPEC
  • Political Geography: United States, Middle East
  • Publication Identifier: 9780231543682
  • Publication Identifier Type: ISBN
  • Author: Asaad Al-Saleh
  • Publication Date: 03-2015
  • Content Type: Book
  • Institution: Columbia University Press
  • Abstract: Narrated by dozens of activists and everyday individuals, this book documents the unprecedented events that led to the collapse of dictatorial regimes in Tunisia, Egypt, Libya, and Yemen. Beginning in 2011, these stories offer unique access to the message that inspired citizens to act, their experiences during revolt, and the lessons they learned from some of the most dramatic changes and appalling events to occur in the history of the Arab world. The riveting, revealing, and sometimes heartbreaking stories in this volume also include voices from Syria. Featuring participants from a variety of social and educational backgrounds and political commitments, these personal stories of action represent the Arab Spring's united and broad social movements, collective identities, and youthful character. For years, the volume's participants lived under regimes that brutally suppressed free expression and protest. Their testimony speaks to the multifaceted emotional, psychological, and cultural factors that motivated citizens to join together to struggle against their oppressors.
  • Topic: Democratization, Development, Insurgency, Authoritarianism, Popular Revolt
  • Political Geography: Middle East, North Africa
  • Publication Identifier: 9780231163194
  • Publication Identifier Type: ISBN