This essay John Vlahos has a total of 541 words and 4 pages.
Professor Slobodan Mitrovic
November 28, 2016
Oil companies and power
Anifowose, B., et al. "A systematic quality assessment of Environmental Impact Statements in the oil and gas industry." Science of The Total Environment 572 (2016): 570-585.
In this study the researchers investigate how well oil companies have produced their Environmental Impact Statements. These statements ensure that the oil companies owning onshore or offshore gas extraction projects follow the rules regarding emissions and pollution. In this case the focus area is Nigeria. Not significant decreases have been made in the recent years, leaving the area as it was years ago. This study show the inability of governments and international institutions to control oil companies.
Crude Impact . Dir. James Jandak Wood. 2006.
This is an independent production documentary primarily concerned with the impacts of the petroleum industry in societies, economies, and in human affairs. The documentary depicts the realities of oil production globally, and the misery it brings to the local people.
Noreng, Oystein. Crude power: politics and the oil market . Vol. 21. IB Tauris, 2006. This book describes in detail the interconnections that the oil industry has established with politics. Governments will shape their policies according to what their main oil suppliers find advantageous for their corporate schemes of maximum possible profit. Also, oil companies can change global policies complicating matters of significant importance .
Patey, Luke Anthony. "State rules: Oil companies and armed conflict in Sudan." Third World Quarterly 28.5 (2007): 997-1016. In this article the impact of the influence that oil companies exert in the creation armed conflicts. Oil companies can push governments and the UN to create a civil war by supporting a side in a war-torn country. Multiple examples of that are laid out in the text, one that is in the title of the article is Sudan. Oil companies that supported the conflicts by influencing rushed in to make a profit by the large natural deposits of gas in the area. Overall, this article explains how the oil industry has accumulated such economic and political power to influence civil wars and armed conflicts.
Shaxson, Nicholas. "Oil, corruption and the resource curse." International Affairs 83.6 (2007): 1123-1140. This article discusses the economic impacts that oil production has on the local level. Countries that have vast natural resources, such as gas, tend to become more impoverished than they were before allowing the extraction of oil. One reason for that is that when oil extraction begins relative economic growth decreases. The majority of people do not receive any benefit from the oil production that happens in their country. In other words, the rich become richer and the poor poorer.
Silverstein, Ken. The Secret World of Oil . London: Verso, 2014. Print. This book exposes the extremities to which oil companies can proceed to get large profits. It portrays the executives of oil companies as gangsters, dictators, and thieves. With interviews from people living in areas of oil production and people that enjoy immense wealth from that, the books depicts the realities of the effects the oil industry.