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Y376 IPE: Oil Politics October 13, 2009
Oil-- Synonymous with Advanced Industrialization and Globalization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
World Energy Consumption, 1965-2005, in Terawatts (TW)
World Crude Oil Production and Consumption, 2003 Source:  Jean-Paul Rodrigue, Dept. of Economics & Geography, Hofstra University
Top Consuming Countries, 1960-2005, in Million Barrels per Day
Figure 9-5. World Consumption of Petroleum, 1960-2005, in Millions of Barrels per Day Source: U.S. Department of Energy, Energy Information Agency, International Energy Annual  (various years).
OPEC ,[object Object]
Table 9-1. Members of OPEC Country Membership Algeria 1969 Angola 2007 Ecuador Rejoined 2008 Indonesia 1962 Iran 1960 Iraq 1960 Kuwait 1960 Libya 1962 Nigeria 1971 Qatar 1961 Saudi Arabia 1960 United Arab Emirates 1967 Venezuela 1960
Major Crude Oil Reserves, 2006 Source:  Jean-Paul Rodrigue, Dept. of Economics & Geography, Hofstra University
OPEC Headquarters, Vienna Sheik Ahmed Zaki Yamani
Figure 9-4. Production of Crude Petroleum by OPEC Countries, 1970-2007, in Millions of Barrels per Day Source: U.S. Department of Energy, Energy Information Agency, International Energy Annual  (various years).
Figure 9-7. OPEC and Non-OPEC Oil Production, 1970-2007, in Millions of Barrels per Day Source: Department of Energy, Energy Information Agency, International Energy Annual  (various years).
Non-OPEC Oil Production, 1900-2003
Major Oil Routes & Chokepoints, 2000 Middle East North America Latin America Africa Western Europe Former Soviet Union Pacific Asia 15 10 3 1 Million barrels per day Hormuz Malacca Bab el-Mandab Suez Bosphorus Panama Source:  Jean-Paul Rodrigue, Dept. of Economics & Geography, Hofstra University
Price of Oil, Nominal and Real  1861-2006, $ per Barrel Source:  Wikipedia.
Figure 9-14. U.S. Gasoline Prices in Current and Constant 2007 Prices, 1919-2007, in Cents per Gallon Source: Department of Energy, Energy Information Agency, Short Term Energy Outlook , August 2008.
Figure 9-8. U.S. Production, Consumption, and Imports of Crude Petroleum, 1949-2007, in Millions of Barrels per Day Source: Department of Energy, Energy Information Agency, International Energy Annual  (various years).
Real Price of Oil and Major Disruptions in World Oil Supply
Challenges to the Seven Sisters and the rise of the cartel (OPEC) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Conservation Measures Taken after the Oil Price Shocks of the 1970s ,[object Object],[object Object],[object Object],[object Object]
Oil Prices have less impact on US Economy This doesn’t mean the US is consuming less oil,  just that it is more efficient at utilizing oil to produce
A few items of note in the Politics of Oil ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Ipe12

  • 1. Y376 IPE: Oil Politics October 13, 2009
  • 2.
  • 3. World Energy Consumption, 1965-2005, in Terawatts (TW)
  • 4. World Crude Oil Production and Consumption, 2003 Source: Jean-Paul Rodrigue, Dept. of Economics & Geography, Hofstra University
  • 5. Top Consuming Countries, 1960-2005, in Million Barrels per Day
  • 6. Figure 9-5. World Consumption of Petroleum, 1960-2005, in Millions of Barrels per Day Source: U.S. Department of Energy, Energy Information Agency, International Energy Annual (various years).
  • 7.
  • 8. Table 9-1. Members of OPEC Country Membership Algeria 1969 Angola 2007 Ecuador Rejoined 2008 Indonesia 1962 Iran 1960 Iraq 1960 Kuwait 1960 Libya 1962 Nigeria 1971 Qatar 1961 Saudi Arabia 1960 United Arab Emirates 1967 Venezuela 1960
  • 9. Major Crude Oil Reserves, 2006 Source: Jean-Paul Rodrigue, Dept. of Economics & Geography, Hofstra University
  • 10. OPEC Headquarters, Vienna Sheik Ahmed Zaki Yamani
  • 11. Figure 9-4. Production of Crude Petroleum by OPEC Countries, 1970-2007, in Millions of Barrels per Day Source: U.S. Department of Energy, Energy Information Agency, International Energy Annual (various years).
  • 12. Figure 9-7. OPEC and Non-OPEC Oil Production, 1970-2007, in Millions of Barrels per Day Source: Department of Energy, Energy Information Agency, International Energy Annual (various years).
  • 14. Major Oil Routes & Chokepoints, 2000 Middle East North America Latin America Africa Western Europe Former Soviet Union Pacific Asia 15 10 3 1 Million barrels per day Hormuz Malacca Bab el-Mandab Suez Bosphorus Panama Source: Jean-Paul Rodrigue, Dept. of Economics & Geography, Hofstra University
  • 15. Price of Oil, Nominal and Real 1861-2006, $ per Barrel Source: Wikipedia.
  • 16. Figure 9-14. U.S. Gasoline Prices in Current and Constant 2007 Prices, 1919-2007, in Cents per Gallon Source: Department of Energy, Energy Information Agency, Short Term Energy Outlook , August 2008.
  • 17. Figure 9-8. U.S. Production, Consumption, and Imports of Crude Petroleum, 1949-2007, in Millions of Barrels per Day Source: Department of Energy, Energy Information Agency, International Energy Annual (various years).
  • 18. Real Price of Oil and Major Disruptions in World Oil Supply
  • 19.
  • 20.
  • 21. Oil Prices have less impact on US Economy This doesn’t mean the US is consuming less oil, just that it is more efficient at utilizing oil to produce
  • 22.

Notas do Editor

  1. Source: US Energy Information Agency, International Energy Annual Report.
  2. Source: US Department of Energy, Energy Information Administration, International Energy Annual Report http://www.eia.doe.gov
  3. Source: Energy Information Administration, Interagency Database and Projections Working Group. http://www.eia.doe.gov/emeu/security/distable.html Source: Worldwatch Institute.