Oil shock : the 1973 crisis and its economic legacy

Cover -- Half-title -- Endorsement -- Title page -- Copyright information -- Table of contents -- List of Illustrations -- List of contributors -- Part 1 Origins -- 1 The Shocking History of Oil -- Natural Resources and Economics -- Royalties -- Public Mineral Ownership -- American Oil -- International Oil: The American Reference -- The Organization of the Petroleum Exporting Countries -- The Pivotal Year: 1973 -- History of International Oil: The British Reference -- The Role of National Oil Companies -- From Permanent to Arbitrated Sovereignty -- Conclusions -- Epilogue: Controlling Production -- Notes -- 2 'First Class Brouhaha': Henry Kissinger and Oil Power in the 1970s -- Saudi Arabia and the Oil Weapon -- Yamani and OPEC's 'Natural Right' -- Changing Circumstances -- Conclusion -- Notes -- 3 Iraq and the Oil Cold War: A Superpower Struggle and the End of the Iraq Petroleum Company, 1958-72 -- Middle Eastern Oil: A Backyard for the Americans and the Soviet Union -- IPC-Iraq Confrontation -- The Challenge of the North Rumaïla Oil Deposit and the French and Soviet Interventions -- Oil Cooperation with the USSR: Financial Autonomy and Technology Transfer -- The Soviet oil cooperation with Iraq: The memorandum of understanding of 24 December 1967 -- A technological and financial partnership as an alternative to IPC: The agreements of June and July 1969 -- Notes -- 4 Eight Squeezed Sisters: The Oil Majors and the Coming of the 1973 Oil Crisis -- A Crisis of Profitability -- Revolution in Libya -- Oil Battle in Tehran -- Conclusion -- Notes -- Part 2 Consequences -- 5 Shifting Sands: The 1973 Oil Shock and the Expansion of Non-OPEC Supply -- The End of Business as Usual -- Oil from the North -- The Gulf of Mexico -- Offshore Brazil -- Innovation in Oil -- Conclusion -- Notes.