Building for Oil is a historical account of the development of the oil town of Daqing in northeastern China during the formative years of the People’s Republic, describing Daqing’s rise and fall as a national model city. Daqing oil field was the most profitable state-owned enterprise and the single largest source of state revenue for almost three decades, from the 1950s through the early 1980s. The book traces the roots and maturation of the Chinese socialist state and its early industrialization and modernization policies during a time of unprecedented economic growth.

The metamorphosis of Daqing’s physical landscape in many ways exemplified the major challenges and changes taking place in Chinese state and society. Through detailed, often personal descriptions of the process of planning and building Daqing, the book illuminates the politics between party leaders and elite ministerial cadres and examines the diverse interests, conflicts, tensions, functions, and dysfunctions of state institutions and individuals. Building for Oil records the rise of the “Petroleum Group” in the central government while simultaneously revealing the everyday stories and struggles of the working men and women who inhabited China’s industrializing landscape—their beliefs, frustrations, and pursuit of a decent life.

Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects, such as inflation and low rates of economic growth. Commodity Prices and Markets advances our understanding of the consequences of these fluctuations, providing both general analysis and a particular focus on the countries of the Pacific Rim. The volume addresses three distinct subjects: the difficulties in forecasting commodity prices, the effects of exogenous commodity price shocks on the domestic economy, and the relationship between price shocks and monetary policy. The ability to forecast commodity prices is difficult but of great importance to businesses and governments, and this volume will be invaluable to professionals and policy makers interested in the field.

This book argues that the current financial turmoil signals a crisis in globalisation that will directly challenge the free market economic model.

Graham Turner shows that the housing bubbles in the West were deliberately created to mask the damage inflicted by companies shifting production abroad in an attempt to boost profits. As these bubbles burst, economic growth in many developed countries will inevitably tumble. The Japanese crisis of the 1990s shows that banks and governments may struggle to contain the fallout. The problem has not been limited to the US, UK and Europe: housing bubbles have become endemic across wide swathes of emerging market economies. As the West slides, these countries will see an implosion of their credit bubbles too, shaking their faith in the free market.

Turner is an experienced and successful economic forecaster, whose opinions are sought by large international banks and top financial journalists. Drawing from his first hand experience of the Japanese property crash of the 1990s, he presents his analysis in a clear and persuasive style, showing that the end of housing market growth spells disaster for neoliberal globalisation.

Should the United States ask its military to guarantee the flow of oil from the Persian Gulf? If the US security commitment is in fact strategically sound, what posture should the military adopt to protect Persian Gulf oil?

Charles L. Glaser and Rosemary A. Kelanic present a collection of new essays from a multidisciplinary team of political scientists, historians, and economists that provide answers to these questions. Contributors delve into a range of vital economic and security issues: the economic costs of a petroleum supply disruption, whether or not an American withdrawal increases the chances of oil-related turmoil, the internal stability of Saudi Arabia, budgetary costs of the forward deployment of US forces, and the possibility of blunting the effects of disruptions with investment in alternative energy resources. The result is a series of bold arguments toward a much-needed revision of US policy toward the Persian Gulf during an era of profound change in oil markets and the balance of power in the Middle East.

Oil and water, and the science and technology used to harness them, have long been at the heart of political authority in Saudi Arabia. Oil’s abundance, and the fantastic wealth it generated, has been a keystone in the political primacy of the kingdom’s ruling family. The other bedrock element was water, whose importance was measured by its dearth. Over much of the twentieth century, it was through efforts to control and manage oil and water that the modern state of Saudi Arabia emerged.

The central government’s power over water, space, and people expanded steadily over time, enabled by increasing oil revenues. The operations of the Arabian American Oil Company proved critical to expansion and to achieving power over the environment. Political authority in Saudi Arabia took shape through global networks of oil, science, and expertise. And, where oil and water were central to the forging of Saudi authoritarianism, they were also instrumental in shaping politics on the ground. Nowhere was the impact more profound than in the oil-rich Eastern Province, where the politics of oil and water led to a yearning for national belonging and to calls for revolution.

Saudi Arabia is traditionally viewed through the lenses of Islam, tribe, and the economics of oil. Desert Kingdom now provides an alternative history of environmental power and the making of the modern Saudi state. It demonstrates how vital the exploitation of nature and the roles of science and global experts were to the consolidation of political authority in the desert.

Melting sea ice and rumbling volcanoes. Sled dogs racing through unnamed valleys.

These were the images that came to mind when Molly Rettig moved to Fairbanks, Alaska to work as a reporter at the local newspaper. An avid environmentalist, she couldn’t wait to explore the vast, untamed spaces that had largely been paved over on the east coast. But when her 72-year-old neighbor, Clutch, invites her on a tour of his gold mine—an 800-foot tunnel blasted into the side of his house–she begins to question many of her ideas about Alaska, and about herself. 

In Finding True North, Rettig takes us on a gripping journey through Alaska's past that brings alive the state's magnificent country and its quirky, larger-than-life characters. She meets a trapper who harvests all she needs from the land, a bush pilot who taught himself how to fly, and an archaeologist who helped build an oil pipeline through pristine wilderness. While she learns how airplanes, mines, and oil fields have paved the way for newcomers like herself, she also stumbles upon a bigger question: what has this quest for Alaska’s natural resources actually cost, and how much more is at stake?

This is a book about all the ways wild places teach us about ourselves. Rettig writes both playfully and honestly about how one place can be many things to many people—and how all of it can be true.

Oil is one of the world’s most important commodities, but few people know how its extraction affects the residents of petroleum-producing regions. In the 1960s, the Texaco corporation discovered crude in the territory of Ecuador’s indigenous Cofán nation. Within a decade, Ecuador had become a member of OPEC, and the Cofán watched as their forests fell, their rivers ran black, and their bodies succumbed to new illnesses. In 1993, they became plaintiffs in a multibillion-dollar lawsuit that aims to compensate them for the losses they have suffered. Yet even in the midst of a tragic toxic disaster, the Cofán have refused to be destroyed. While seeking reparations for oil’s assault on their lives, they remain committed to the survival of their language, culture, and rainforest homeland.

Life in Oil presents the compelling, nuanced story of how the Cofán manage to endure at the center of Ecuadorian petroleum extraction. Michael L. Cepek has lived and worked with Cofán people for more than twenty years. In this highly accessible book, he goes well beyond popular and academic accounts of their suffering to share the largely unknown stories that Cofán people themselves create—the ones they tell in their own language, in their own communities, and to one another and the few outsiders they know and trust. Their words reveal that life in oil is a form of slow, confusing violence for some of the earth’s most marginalized, yet resilient, inhabitants.

For decades, Mexico has been one of the world’s top non-OPEC oil exporters, but since the 2004 peak and subsequent decline of the massive offshore oilfield—Cantarell—the prospects for the country have worsened. Living with Oil takes a unique look at the cultural and economic dilemmas in this locale, focusing on residents in the fishing community of Isla Aguada, Campeche, who experienced the long-term repercussions of a 1979 oil spill that at its height poured out 30,000 barrels a day, a blowout eerily similar to the 2010 Deepwater Horizon disaster.

Tracing the interplay of the global energy market and the struggle it creates between citizens, the state, and multinational corporations, this study also provides lessons in the tug-of-war between environmentalism and the lure of profits. In Mexico, oil has held status as a symbol of nationalist pride as well as a key economic asset that supports the state’s everyday operations. Capturing these dilemmas in a country now facing a national security crisis at the hands of violent drug traffickers, cultural anthropologist Lisa Breglia covers issues of sovereignty, security, and stability in Mexico’s post-peak future.

The first in-depth account of the local effects of peak oil in Mexico, emphasizing the everyday lives and livelihoods of coastal Campeche residents, Living with Oil demonstrates important aspects of the political economy of energy while showing vivid links between the global energy marketplace and the individual lives it affects.

From reviews of the Spanish edition:

“Meyer’s perceptive commentary on Mexican power politics presents new insights into the petroleum lobbies in Mexico City and Washington. With unbiased empathy he shows the validity of Mexico’s complaints about foreigners’ deriving an overabundance of profit from a nonrenewable natural resource. He understands United States history and never abuses his license to criticize.” —Hispanic American Historical Review

“This useful addition to the literature on twentieth-century Mexican–United States diplomatic relations is a scholarly work, worthy of consideration by all students of the subject.”—American Historical Review

Mexico and the United States in the Oil Controversy, 1917–1942 explores the relationship between the United States and Mexico during the first half of the twentieth century, with special attention to the Mexican nationalization of the oil industry. Relying on Mexican archival material never before analyzed, the author presents a unique perspective on the period following the Mexican Revolution and Mexico’s efforts to diminish its economic dependency on the United States. This work not only describes the political and economic struggle between the Mexican government and the U.S. oil companies but also serves to illustrate in general the nature of dependency between Latin American countries and the United States. It will be of interest not only to Mexican specialists but also to diplomatic and economic historians.

Colliding environmental and development interests have shaped national policy reforms supporting both oil development and environmental protection in Alaska. Oil and Wilderness in Alaska examines three significant national policy reform efforts that came out of these conflicts: the development of the Trans-Alaska pipeline, the establishment of a vast system of protected natural areas through the Alaska National Interest Lands Conservation Act, and the reform of the environmental management of the marine oil trade in Alaska to reduce the risk of oil pollution after the Exxon Valdez disaster.

Illuminating the delicate balance and give-and-take between environmental and commercial interests, as well as larger issues shaping policy reforms, Busenberg applies a theoretical framework to examine the processes and consequences of these reforms at the state, national, and international levels. The author examines the enduring institutional legacies and policy consequences of each reform period, their consequences for environmental protection, and the national and international repercussions of reform efforts. The author concludes by describing the continuing policy conflicts concerning oil development and nature conservation in Alaska left unresolved by these reforms. Rich case descriptions illustrate the author’s points and make this book an essential resource for professors and students interested in policies concerning Alaska, the Arctic, oil development, nature conservation, marine oil spills, the policy process, and policy theory.

Mexico was second only to the United States as the world's largest oil producer in the years following the Mexican Revolution. As the revolutionary government became institutionalized, it sought to assure its control of Mexico's oil resources through the Constitution of 1917, which returned subsoil rights to the nation. This comprehensive study explores the resulting struggle between oil producers, many of which were U.S. companies, and the Mexican government.

Linda Hall goes beyond the diplomacy to look at the direct impact of a powerful, highly profitable foreign-controlled industry on a government and a nation trying to recover from a major civil war. She draws on extensive research in Mexican archives, including both government sources and the private papers of Presidents Alvaro Obregón and Plutarco Elías Calles, as well as U.S. government and private sources.

Since the North American Free Trade Agreement has expanded United States business ties to Mexico, this study of a crucial moment in U.S.-Mexican business relations will be of interest to a wide audience in business, diplomatic, and political history.

How international oil companies navigated the local, segregated landscape of north Louisiana in the first decades of the twentieth century.

In 1904, prospectors discovered oil in the rural parishes of North Louisiana just outside Shreveport. As rural cotton fields gave way to dense, industrial centers of energy extraction, migrants from across the US—and the world—rushed to take a share of the boom. The resulting boomtowns, most notoriously Oil City, quickly gained a reputation for violence, drinking, and rough living. Meanwhile, North Louisiana’s large Black population endured virulent white supremacy in the oil fields and the courtrooms to earn a piece of the boom, including one Black woman who stood to become the wealthiest oil heiress in America.

In Oil Cities, Henry Wiencek uncovers what life was like amidst the tent cities, saloons, and oil derricks of North Louisiana’s oil boomtowns, tracing the local experiences of migrants, farmers, sex workers, and politicians as they navigated dizzying changes to their communities. This first historical monograph on the region’s dramatic oil boom reveals a contested history, in which the oil industry had to adapt its labor, tools, and investments to meet North Louisiana’s unique economic, social, political, and environmental dynamics.

At the beginning of the twentieth century, the Austrian Empire ranked third among the world's oil-producing states (surpassed only by the United States and Russia), and accounted for five percent of global oil production. By 1918, the Central Powers did not have enough oil to maintain a modern military. How and why did the promise of oil fail Galicia (the province producing the oil) and the Empire?

In a brilliantly conceived work, Alison Frank traces the interaction of technology, nationalist rhetoric, social tensions, provincial politics, and entrepreneurial vision in shaping the Galician oil industry. She portrays this often overlooked oil boom's transformation of the environment, and its reorientation of religious and social divisions that had defined a previously agrarian population, as surprising alliances among traditional foes sprang up among workers and entrepreneurs, at the workplace, and in the pubs and brothels of new oiltowns.

Frank sets this complex story in a context of international finance, technological exchange, and Habsburg history as a sobering counterpoint to traditional modernization narratives. As the oil ran out, the economy, the population, and the environment returned largely to their former state, reminding us that there is nothing ineluctable about the consequences of industrial development.

As the twentieth century began, oil in Texas was easy to find, but the quantities were too small to attract industrial capital and production. Then, on January 10, 1901, the Spindletop gusher blew in. Over the next fifty years, oil transformed Texas, creating a booming economy that built cities, attracted out-of-state workers and companies, funded schools and universities, and generated wealth that raised the overall standard of living—even for blue-collar workers. No other twentieth-century development had a more profound effect upon the state.

In this book, Roger M. Olien and Diana Davids Hinton chronicle the explosive growth of the Texas oil industry from the first commercial production at Corsicana in the 1890s through the vital role of Texas oil in World War II. Using both archival records and oral histories, they follow the wildcatters and the gushers as the oil industry spread into almost every region of the state. The authors trace the development of many branches of the petroleum industry—pipelines, refining, petrochemicals, and natural gas. They also explore how overproduction and volatile prices led to increasing regulation and gave broad regulatory powers to the Texas Railroad Commission.

A comprehensive challenge to prevailing understanding of international implications of oil wealth that shows why it can create bad actors

In a world where oil-rich states are more likely to start war than their oil-dependent counterparts, it’s surprising how little attention is still paid to these so-called petrostates. These states’ wealth props up the global arms trade, provides diplomatic leverage, and allows them to support violent and nonviolent proxies. In Oil, the State, and War, Emma Ashford explores the many potential links between domestic oil production and foreign policy behavior and how oil production influences global politics.

Not all petrostates have the same characteristics or capabilities. To help us conceptualize these differences, Ashford creates an original classification of three types of petrostates: oil-dependent states (those weakened by the resource curse), oil-wealthy states (those made rich by oil exports), and super-producer states (those that form the backbone of the global oil market). Through a combination of case studies and analysis, she illustrates how oil shapes petrostates’ behavior, filling a major gap in our understanding of the international implications of oil wealth. Experts have too often treated oil-rich states as passive objects, subject to the energy security needs of Western importing states. Instead, this book highlights the agency and power enjoyed by petrostates.

As the oil market undergoes a period of rapid change, Oil, the State, and War sheds light on the diversity of petrostates and how they shape international affairs.

The United States and Mexico trade many commodities, the most important of which are indispensable sources of energy—crude oil and agricultural labor. Mexican oil and workers provide cheap and reliable energy for the United States, while US petro dollars and agricultural jobs supply much-needed income for the Mexican economy. Mexico’s economic dependence on the United States is well-known, but The Politics of Dependency makes a compelling case that the United States is also economically dependent on Mexico.

Expanding dependency theory beyond the traditional premise that weak countries are dominated by powerful ones, Martha Menchaca investigates how the United States and Mexico have developed an asymmetrical codependency that disproportionally benefits the United States. In particular, she analyzes how US foreign policy was designed to enable the US government to help shape the development of Mexico’s oil industry, as well as how migration from Mexico to the United States has been regulated by the US Congress to ensure that American farmers have sufficient labor. This unprecedented dual study of energy sectors that are usually examined in isolation reveals the extent to which the United States has become economically dependent on Mexico, even as it remains the dominant partner in the relationship. It also exposes the long-term effects of the agricultural policies of NAFTA, which led to the unemployment of millions of agricultural workers in Mexico, a large percentage of whom relocated to the United States.

What role does Qatar play in the Middle East and how does it differ from the other Gulf states? How has the ruling Al-Thani family shaped Qatar from a traditional tribal society and British protectorate to a modern state? How has Qatar become an economic superpower with one of the highest per capita incomes in the world? What are the social, political, and economic consequences of Qatar’s extremely rapid development?

In this groundbreaking history of modern Qatar, Allen J. Fromherz presents a full portrait that analyzes Qatar's crucial role in the Middle East and its growing regional influence within a broader historical context. Drawing on original sources in Arabic, English, and French as well as his own fieldwork in the Middle East, the author deftly traces the influence of the Ottoman and British empires and Qatar’s Gulf neighbors on the country prior to Qatar’s meteoric rise in the post-independence era. Fromherz gives particular weight to the nation's economic and social history, from its modest origins in the pearling and fishing industries to the considerable economic clout it exerts today, a clout that comes with having the second-highest natural gas reserves in the region. He also looks at what the future holds for Qatar's economy as the country tries to diversify beyond oil and gas. Furthermore, the book examines the paradox of Qatar where monarchy, traditional tribal culture, and conservative Islamic values appear to coexist with ultra modern development and a large population of foreign workers who outnumber Qatari citizens.

This book is as unique as the country it documents—a multi-faceted picture of the political, cultural, religious, social, and economic make up of modern Qatar and its significance within the Gulf Cooperation Council and the wider region.

What role does Qatar play in the Middle East, and how does it differ from the other Gulf states? How has the ruling Al-Thani family shaped Qatar from a traditional tribal society and British protectorate to a modern state? How has Qatar become an economic superpower with one of the highest per-capita incomes in the world? What are the social, political, and economic consequences of Qatar’s extremely rapid development?

In this groundbreaking history of modern Qatar, Allen J. Fromherz analyzes the country’s crucial role in the Middle East and its growing regional influence within a broader historical context. Drawing on original sources in Arabic, English, and French as well as his own fieldwork in the Middle East, the author deftly traces the influence of the Ottoman and British Empires and Qatar’s Gulf neighbors prior to Qatar’s meteoric rise in the post-independence era.

Fromherz gives particular weight to the nation’s economic and social history, from its modest origins in the pearling and fishing industries to the considerable economic clout it exerts today, a clout that comes from having the region’s second-highest natural gas reserves. He also looks at what the future holds for Qatar’s economy as the country tries to diversify beyond oil and gas. The book further examines the paradox of Qatar where monarchy, traditional tribal culture, and conservative Islamic values appear to coexist with ultramodern development and a large population of foreign workers who outnumber Qatari citizens.

This book is as unique as the country it documents—a multifaceted picture of the political, cultural, religious, social, and economic makeup of modern Qatar and its significance within the Gulf Cooperation Council and the wider region.

An ethnography of the Ecuadorian Amazon that demonstrates the need for a relational, place-based, contingent understanding of harm and toxicity.

Reckoning with Harm is a striking ethnographic analysis of the harm resulting from oil extraction. Covering fifty years of settler colonization and industrial transformation of the Ecuadorian Amazon, Amelia Fiske interrogates the relations of harm. She moves between forest-courtrooms and oily waste pits, farms and toxic tours, to explore both the ways in which harm from oil is entangled with daily life and the tensions surrounding efforts to verify and redress it in practice. Attempts to address harm from the oil industry in Ecuador have been consistently confounded by narrow, technocratic understandings of evidence, toxicity, and responsibility. Building on collaborators’ work to contest state and oil company insistence that harm is controlled and principally chemical in nature, Fiske shows that it is necessary to refigure harm as relational in order to reckon with unremediated contamination of the past while pushing for broad forms of accountability in the present. She theorizes that harm is both a relationship and an animating feature of relationships in this place, a contingent understanding that is needed to contemplate what comes next when living in a toxic world.

Born on a farm near Anahuac, Texas, in 1875 and possessed of only a fourth-grade education, Ross Sterling was one of the most successful Texans of his generation. Driven by a relentless work ethic, he become a wealthy oilman, banker, newspaper publisher, and, from 1931 to 1933, one-term governor of Texas. Sterling was the principal founder of the Humble Oil and Refining Company, which eventually became the largest division of the ExxonMobil Corporation, as well as the owner of the Houston Post.

Eager to "preserve a narrative record of his life and deeds," Ross Sterling hired Ed Kilman, an old friend and editorial page editor of the Houston Post, to write his biography. Though the book was nearly finished before Sterling's death in 1949, it never found a publisher due to Kilman's florid writing style and overly hagiographic portrayal of Sterling.

In this volume, by contrast, editor Don Carleton uses the original oral history dictated by Ross Sterling to Ed Kilman to present the former governor's life story in his own words. Sterling vividly describes his formative years, early business ventures, and active role in developing the Texas oil industry. He also recalls his political career, from his appointment to the Texas Highway Commission to his term as governor, ending with his controversial defeat for reelection by "Ma" Ferguson. Sterling's reminiscences constitute an important primary source not only on the life of a Texan who deserves to be more widely remembered, but also on the history of Houston and the growth of the American oil industry.

Africa is often seen as a place to be pitied or feared as an area of instability. This book challenges these complacent assumptions, showing how our demand for oil contributes to the chronic problems plaguing the continent.

Douglas A. Yates shows how the 'scramble' by the great powers for African oil has fed corruption and undermined democracy. Yates documents how Africans have refused to remain passive in the face of such developments, forming movements to challenge this new attempt at domination.

This book is an urgent challenge to our understanding of Africa, raising questions about the consequences of our reliance on foreign resources. It will be vital reading for all those studying development and global political economy.

Between 1850 and 1930, Latin America's integration into the world economy through the export of raw materials transformed the region. This encounter was nearly as dramatic as the conquistadors' epic confrontation with Native American civilizations centuries before. An emphasis on foreign markets and capital replaced protectionism and self-sufficiency as the hemisphere's guiding principles. In many ways, the means employed during this period to tie Latin America more closely to western Europe and North America resemble strategies currently in vogue. Much can be learned from analyzing the first time that Latin Americans embraced export-led growth.

This book focuses on the impact of three key export commodities: coffee, henequen, and petroleum. The authors concentrate on these rather than on national economies because they illustrate more concretely the interaction between the environment, natural and human resources, and the world economy. By analyzing how different products spun complex webs of relationships with their respective markets, the essays in this book illuminate the tensions and contradictions found in the often conflictive relationship between the local and the global, between agency and the not-so-invisible hand. Ultimately, the contributors argue that the results of the "second conquest" were not one-sided as Latin Americans and foreigners together forged a new economic order—one riddled with contradictions that Latin America is still attempting to resolve today.

A Foreign Affairs Best Book of the Year on Eastern Europe and the Former Soviet Republics

The Russian oil industry—which vies with Saudi Arabia as the world’s largest producer and exporter of oil, providing nearly 12 percent of the global supply—is facing mounting problems that could send shock waves through the Russian economy and worldwide. Wheel of Fortune provides an authoritative account of this vital industry from the last years of communism to its uncertain future. Tracking the interdependence among Russia’s oil industry, politics, and economy, Thane Gustafson shows how the stakes extend beyond international energy security to include the potential threat of a destabilized Russia.

“Few have studied the Russian oil and gas industry longer or with a broader political perspective than Gustafson. The result is this superb book, which is not merely a fascinating, subtle history of the industry since the Soviet Union’s collapse but also the single most revealing work on Russian politics and economics published in the last several years.”
—Robert Legvold, Foreign Affairs

“The history of Russia’s oil industry since the collapse of communism is the history of the country itself. There can be few better guides to this terrain than Thane Gustafson.”
—Neil Buckley, Financial Times