This book describes the petroleum industry in easy-to-understand language for both the layperson and engineer alike. From the economics of searching for oil and gas, getting it out of the ground, into pipelines, into refineries, and, finally, into your gas tank, this book covers the petroleum...

If we agree that the oil price is a social institution, embedded in socio-economic and political practices, this means that it is not only the outcome of these practices but also a causal factor. Using the case of Russia, this chapter looks at how oil price changes are perceived and made sense...