Issues in Global Business is a single-volume reference that offers relevant perspectives and explains impacts of current events such as COVID-19, Brexit, and immigration across industries and regions. Topics covered include the on-demand economy, global manufacturing, Bitcoin, data security, and more. Coupled with a comprehensive overview of the business landscape around the world by Dr. Mamoun Benmamoun, an assistant professor at the Boeing Institute of International Business at Saint Louis University, this book provides students with the essential information they need to assess business practices through an international lens.
Chapter 11: Global Oil and Gas Industry: What are the important choices in an age of abundance?
Global Oil and Gas Industry: What are the important choices in an age of abundance?
From SAGE Business Researcher, March 2, 2015
The world is experiencing a new age of energy abundance, largely because the United States, the largest energy consumer, is also increasingly a producer. In addition, Brazil and Canada, among others, are emerging as oil powers. Hydraulic fracturing, or fracking, in which high-pressure streams of water and chemicals are injected into shale rock formations, is unlocking vast supplies of oil and natural gas. Increased energy production is helping the U.S. balance of trade with other countries, lowering energy bills nationwide and reigniting ...