Crude Reality: Petroleum in World History by Brian C. Black (review)

LeCain, Timothy J.

doi:10.1353/jwh.2013.0077

Cited by 3 publications

(2 citation statements)

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“…During the transition to industrial production, petroleum has assumed a significantly different role, becoming a vital component, particularly with advancements in the transportation sector (Black, 2020). Presently, petroleum is extensively used in sectors such as tourism, logistics, industry, agriculture, forestry, and fishing, besides being a primary energy source for transportation.…”

Section: Supply and Demand In Energymentioning

confidence: 99%

Türkiye in International Energy Trade: Implementation of Social Network Analysis

Yücel,

Turan

2024

İnsan Ve Toplum Bilimleri Araştırmaları Dergisi

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Energy resources are fundamental inputs in almost every sector and play a crucial role in development and economic stability. This situation has increased the importance of keeping energy costs low, becoming a significant factor in attaining global superiority. In the contemporary era, where states represent the highest level of the organization, the strategic importance of these resources has been further exposed. The strategic value of energy resources, predominantly encompassing fossil fuels such as oil, natural gas, and coal, has precipitated intense global competition. The dynamics of energy resource trade have transcended mere profit-driven motives, transforming into a tool wielded by governments for various political objectives. This paradigm shifts underscores the vitality of energy supply security, prompting the formulation of energy trade networks guided by policies and national strategies. Within these networks, participating actors exhibit diverse traits shaped by distinct circumstances, assuming varied roles through pre-existing relationships. The purpose of the research is to examine the energy trade network of Türkiye, implementing the social network analysis method that integrates empirical data and mathematical approaches. The study aims to unveil pivotal aspects of the network, including its size within the global energy trade landscape, density, relational ties among actors, centrality, and brokerage degrees. The research aims to contribute valuable insights to understanding Türkiye's positioning in the global energy trade through these analyses. The results indicate that the volume of Türkiye's energy trade network accounts for around 1/3 of the global energy trade. While no single dominant actor exists in the network, specific entities demonstrate significant brokerage power. The analysis highlights the impact of global energy players, including Russia, the United States, and some European countries. Finally, the study involves recommendations for future research, anticipating a continued exploration of the complicated dynamics shaping energy trade networks on a global scale.

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Section: Supply and Demand In Energymentioning

confidence: 99%

Türkiye in International Energy Trade: Implementation of Social Network Analysis

Yücel,

Turan

2024

İnsan Ve Toplum Bilimleri Araştırmaları Dergisi

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“…The prices of commodities in different jurisdictions fell by a margin of 20% within March 2020 due to the sharp decline in crude oil prices (Barua, 2020;Gharib et al, 2021;Rajput et al, 2020). Crude prices fell considerably, selling around 40% lower at the inception of 2020 (Black, 2020;Federal Reserve Bank, 2021). Also, the COVID-19 prevalent heavily affected the tourism sector (Fotiadis et al, 2021;Gössling et al, 2020;Nicola et al, 2020;Rahman et al, 2021;Škare et al, 2021).…”

Section: Repercussions Of Covid-19 On the Lmies Migration And Remitta...mentioning

confidence: 99%

Economic Contagion and the Repercussion on Remittances: Evidence from Low and Middle-Income Economies

et al. 2022

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The outbreak of the coronavirus disease in 2019 (COVID-19) wreaked havoc on the social, psychological, economic, and political buoyancy of all economic activities worldwide. The economic challenges caused by the interruption in worldwide economic activities significantly impacted remittances flow to low- and middle-income economies (LMIEs). This study used the past, present, and predicted remittances data of migration dynamics within countries to analyse the economic impact on remittances. Remittances to most LMIEs plunged during the pandemic intense period; however, the decline was temporary as the flows increased due to countrywide policies and individuals’ emergent needs. The trend of economic contagion is fundamentally unique in that even the primary source of remittance sending nations have been greatly impacted. The global nature of this pandemic raises numerous questions, including whether the decline in remittances will continue for a short term or will last for an extended period to stagnate LMIEs. This current study’s results reveal that while remittances flow to key recipient nations declined between 2019 and 2020, there has not been a sharp decrease and most of the nations were on the path of recovery in 2021. This study proposes that policymakers support remittances flow on a higher growth trend in successive years based on Sustainable Development Goals to attain global inclusive development. This research further recommends the adoption of higher technology transfer of remittances of migrant workers within the emerging and low- and middle-income economies.

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Current Bibliography of the History of Science and Its Cultural Influences, 2014

2014

Isis

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JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org.. The University of Chicago Press andThe History of Science Society are collaborating with JSTOR to digitize, preserve and extend access to Isis.

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Crude Reality: Petroleum in World History by Brian C. Black (review)

Cited by 3 publications

References 1 publication

Türkiye in International Energy Trade: Implementation of Social Network Analysis

Türkiye in International Energy Trade: Implementation of Social Network Analysis

Economic Contagion and the Repercussion on Remittances: Evidence from Low and Middle-Income Economies

Current Bibliography of the History of Science and Its Cultural Influences, 2014

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