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0._Course_Overview_SP11

0._Course_Overview_SP11 - Oil International Evolution...

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1 Oil: International Evolution Professor Yaw D. Yeboah [email protected] Brendon M. Wall, Teaching Assistant [email protected]
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2 The Story of Oil The canvas is global Story of epic events, oil played a key role World War I & II Struggle between developed vs. developing countries Forces of economics & technology Strategies of businessmen International diplomacy and strategy Oil evolution since the 1990s
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3 Major Themes in Story of Oil Rise of capitalism & modern business First modern corporation, SO Risk & reward National strategies & global politics Central to war strategies Economic development Hydrocarbon society USA & others built around oil Expansion of world consumers Oil in the 21st century and beyond!
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4 Oil Today Oil provides 40% of the nation’s energy; and at least 97% of our transportation fuels The United States currently imports 60% of its crude oil Oil is everywhere: toothpaste, credit cards, computer, shampoo, DVDs, photographs, telephones, etc
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