Book Hack
The Economics of Oil and GasBy Xiaoyi Mu

In a Nutshell

Dr. Xiaoyi Mu takes us through the workings of the oil and gas industries, the economic forces that drive much of the global economy.

Favorite Quote

Oil has become so central to modern civilization that language strains to convey its importance; the common metaphors for its role - linchpin, lifeblood, prize - seem tired and inadequate.

Xiaoyi Mu

Introduction

The trade of fossil fuels has become so entwined with national economies and political systems that the exhaustion of their supply poses a threat to global stability.

Oil companies are some of the wealthiest businesses on the planet, while nations that had little global power in the 19th century have modernized by discovering oil fields to trade for profit.

Dr. Xiaoyi Mu is a reader in energy economics at Dundee University. The Economics of Oil and Gas examines the role of the fossil fuel industry and the economic theory that drives it.

Here are the 3 key insights from this Hack

  1. 1.
    A world without petroleum is almost unimaginable
  2. 2.
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  3. 3.
    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
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