Oil Boom Research Articles

Significant historiographic chronicle of inscriptions of patrimonial identification in Tampico, Tamaulipas

The built heritage located in the historic center of the city of Tampico, declared a heritage zone of historic and artistic monuments in 1990, was built between 1890 and 1930 from the Porfiriato period, considered the time of the oil boom. In that sense, the architectural and visual history of the city is compromised in its construction with a landscape built as a consequence of the social needs and consumption of merchandise; companies and industry, which were determinants of that historical moment and gave a representative cultural meaning. This study considers particularly those historical buildings that contain on their facade’s inscriptions, names, numbers or symbols, as a historiographic narrative of the visual and discursive meaning named identification inscriptions. The contribution of a formal study for the defragmented narrativity of the graphic historicity with its own inscribed characteristics of the culture of Tampico, which, due to the affectations caused by diverse factors, put at risk its permanence and veracity in a structural and formal way, becomes important. This is how the contextual historiographic narrative contributes to point out the inscriptional graphic value.

For a Just and Better World: Engendering Anarchism in the Mexican Borderlands, 1900–1938

For a Just and Better World: Engendering Anarchism in the Mexican Borderlands, 1900–1938

Oil and Disorder: Youth Crime in North Dakota Boom Communities

Juveniles contribute to crime in natural resource-based boom communities, but there has been very little research examining the extent of their involvement. To respond to this gap in the literature, two indicators of youth arrests and court referrals in North Dakota—the state hardest hit by the 2000s oil boom—were examined. Although arrest rates for North Dakota youth were more than two times higher than the national average in 2019, almost three-quarters of them were for minor offenses. In addition, arrest and court referral rates in oil-producing counties were lower than those for non oil-producing counties. When controlling for demographic and economic factors, and county-specific fixed effects in panel analyses from 2011 to 2019, oil production is negatively associated with youth arrest rates, but positively associated with juvenile court referrals. However, oil-producing counties had very strong county-specific fixed effects which on average raised youth arrest and court referral rates. Arrest rates were also positively associated with unemployment rates while median household income was negatively associated with Group B offenses and juvenile court referrals. Implications for future research into the boom-crime relationship are discussed in light of these findings.

Resource booms, state economic conditions, and child food security

AbstractChild food security is a longstanding concern to policymakers, exacerbated by economic slack and instability. We use the fracking era oil and gas boom of the early 2000s as a natural experiment to examine the importance of state economic conditions for child food security. The fracking boom was a large and unexpected economic shock that substantially improved labor market conditions in states with oil and gas resources but not elsewhere. We find that increases in oil and gas labor income improve child food security, especially for children with less educated parents and those residing in single‐mother households.

SPATIAL ANALYSIS OF ENVIRONMENTAL SENSITIVITY FOR MITIGATION OF OIL SPILL DISASTERS IN THE SERIBU ISLANDS NATIONAL PARK

The Seribu Islands National Park (Taman Nasional Kepulauan Seribu - TNKpS) which has a marine ecosystem area that has the potential to be affected by oil spills originating from oil discharges from ships passing through the Sunda Strait and ship accidents in and out of Tanjung Priuk Port. In addition, in the TNKpS area there are also oil and gas mining companies as well as oil distribution through pipelines which have the potential to cause oil pollution due to leakage of oil distribution pipelines. The availability of maps of Environmental Sensitivity Index and comprehensive environmental data is important for the government to understand the condition of sensitive areas around oil and gas mining areas to mitigate environmental pollution due to oil spills, and can then take priority actions. to protect areas deemed sensitive. The compilation of thematic maps related to environmental sensitivity to oil spills in TNKpS shows that the beach type is not sensitive to oil spills, where the dominant beach type is gently sloping sand which is a substrate that is easy to clean when an oil spill occurs. While the component of biodiversity has the highest sensitivity. The most sensitive socioeconomic components affected by the oil spill are fish farming and marine tourism (snorkeling and diving), both of which are the main livelihoods for the people in TNKpS, especially from the tourism sector. Mitigation of oil spills in TNKpS should focus on dealing with oil spills before reaching sensitive areas where oil collection with skimmers and spraying of dispersants can be carried out before entering the coral reef area. The next step is the protection of sensitive areas from oil spills where this protection can be done by dispelling using an oil boom and directing the oil spill to a less sensitive area. The final step is cleaning the beach area in accordance with oil spill emergency response procedures. Spill simulations carried out with a duration of 3 hours, 5 hours and 24 hours showed that the oil spill had not yet reached the sensitive area when it was 3 hours, so that the ideal anticipatory oil response is to have an oil control exercise with a duration of 3 hours to protect sensitive areas.

Oil and gas boomtowns and occupations: What types of jobs are created?

Innovation in hydraulic fracturing methods and micro-seismic technology, along with higher energy prices until 2014, led to oil and gas booms in various U.S. shale plays. While this appears to be a positive event for the country, it is unclear whether and how local communities benefit in the long-term from unconventional gas development. This paper evaluates the impact of oil and gas development on occupation-specific job growth in resource-intensive economies using a unique dataset with annual county employment at the 2- and 5-digit 2010 Standard Occupation Classification (SOC) code combined with education, experience, and training requirements from the O*NET database. Using a first-difference methodology, we find that oil and gas booms have a significant positive impact on occupational job growth in derrick, rotary drill, and service unit operators, truck drivers, secretaries, and engineers, with human capital requirements ranging from less than a high school diploma to at least a bachelor's degree. While occupations associated with oil and gas development and their human capital requirements vary, the results suggest that many of these occupations require workers to have vocational and technical training in addition to a high school diploma, thereby indicating greater demand for workers with intermediate skills in affected areas. Changes in human capital composition resulting from oil and gas development could have significant impacts on a region's ability to respond to energy busts and affect its economic resilience.

Expansion of the west in the Caspian region

The expansionism of the West, led by the United States in the CIS space, particularly in countries with signifi cant natural resources, is always aimed not only at maximization the use of their wealth but also at neutralization the infl uence of Russia. The energy reserves of the Caspian territories and their geography since olden times attracted Westerners, primarily Americans and British. The oil boom in the second half of the 19th century led to the introduction of the largest Western companies such as the American giant «Standard Oil», «French House of Rothschild», and the Anglo-Dutch «Royal Dutch Shell» equipped with advanced technologies into the country's hydrocarbon industry. Extraordinary for that time fi nancial resources were invested in the Russian oil industry. The Soviet government nationalized the oil and gas industry, blocking foreigners' access to it. After the collapse of the USSR, new sovereign states, including the Caspian ones, in an eff ort to overcome socioeconomic and foreign policy problems, focused on the accelerated exploitation of natural resources by the foreign partners. American, British, Norwegian, Japanese, Saudi, Turkish companies have started operating in Azerbaijan. Royal Dutch-Shell, Chevron, Eni, Total feel comfortable in Kazakhstan. Along with hydrocarbons, Kazakhstan has signifi cant reserves of uranium, which is mined by foreign businesses, including Western ones. From 1992 (date of establishment of Turkmen-American diplomatic relations) up to 2021 Turkmenistan and the United States signed 167 documents on cooperation in the energy sector, including the gas sector, engineering, agriculture and other areas. Against this background, Russia needs to intensify its participation and cooperation in energy projects, scientific, educational, agro-industrial areas of the Caspian states. Activities in the CIS space is important especially in the context of the total, political, economic, information war of the collective West against Russia.

An assessment of the thirty year post-Soviet transition quality in Azerbaijan from an economic and social liberalization perspective

Since the fall of the Soviet Union, Azerbaijan has faced numerous economic, political and administrative difficulties. One of them has been oil dependency of the national economy. The impact of the oil industry on the macroeconomic indicators such as the Gross Domestic Production (GDP) and inflation has been a popular theme in the case of the Azerbaijan economy. However, evidence of the extractive industry’s growing influence on Azerbaijan’s national economy in terms of the quality of the transition from a command economy to a market economy is sparse. In this study, we compare Azerbaijan’s transition process with other post-Soviet nations in terms of privatization, international trade and the social sphere, despite dominance by the oil sector. Poor economic diversity is said to be harming institutional quality and impairing long-term sustainable growth. Overall, it seems that Azerbaijan’s transformation is not yet complete. Its pace and quality are greatly influenced by oil prices and the domestic oil boom: when prices are high, the Azerbaijan government eases off and focuses on spending oil cash. When international commodity markets decline, Azerbaijan’s revenue drops, and the government increases its reform efforts. This approach induces economic unpredictability and underperformance and threatens its long-term growth and development. This vicious cycle-forming tendency should alert government bodies and decision-makers to be aware of the country’s excessive oil dependency and the need to diversify the country’s fiscal revenue. However, without political will and strategic planning, this cannot be achieved.

Positive Bank-to-Bank Spillovers

AbstractThis paper provides the first evidence of positive bank-to-bank spillovers. I show that geographic linkages between banks that engage in home lending in the same geographic region transmit positive shocks from one bank to another. I exploit shocks to the deposit base of banks located in counties experiencing shale oil booms and show that a nonshocked bank in a nonboom county expands lending more if its linkages have greater exposure to shale booms. Results show that the shock exposure of linkages has a positive impact on home prices of nonboom counties, and nonshocked banks located therein respond with increased lending.

INDIAN DIASPORA IN OMAN

The continued strength of India-Oman cultural and trade interaction marks India’s enduring maritime relationship with West Asia and beyond. The antiquity of this relationship suggests the depth of interaction. With Portuguese dominance over the Arabian Sea trade in the aftermath of Vasco da Gama’s discovery of the sea route to India in 1498 and subsequently the French and the British, the Indian merchants suddenly acquired greater importance and received special prominence in the maritime trade calculus of the colonizers for their exceptional deft in conducting trade in the region. As a result, the Indian trade footprint and diasporic density in West Asia, primarily from Kutch, Sindh, Gujarat etc., began to gain larger visibility. Indian traders in Oman could not only demonstrate their remarkable convincing capacity in doing trade overseas but also established their cultural centres. The remains of the Hindu temple found at Kalhat, a 15th century Omani port, indicate the depth of Indian trade penetration in Oman. The culturally-rooted Indian merchant community could never forgo the Indianness overseas. The oil boom in 1973 intensified migration from India and significantly increased the Indian presence in Oman. This has led to the inflow of remittances to India which contributes to the well-being of the Indian economy. To add to this, the Indian diaspora in Oman and West Asia has significantly raised India’s soft power potential in the region which helps India to conduct successful bilateral and multilateral trade and diplomacy. Therefore, this paper discusses the Indian diaspora in Oman and their story of success and their contribution to India, the homeland, in empowering its soft power competence and diplomatic finesse in the geopolitically and geo-strategically vital region.

A Retrospective Analysis of the Azerbaijani Economy During 30 Years of Independence

Here, we retrospectively describe the Azerbaijani economy since its independence from the Soviet Union in terms of the main macroeconomic indicators that evolved throughout the developmental phases and economic cycles of the country. The study identifies five distinct stages of the Azerbaijani economy, namely a recession (1991–1994), recovery (1995–2003), peak (2004–2006), oil boom (2007–2014), and post-boom (2015–2020). Our analysis mainly utilized the numerical analysis and period-based grouping of the main macroeconomic indicators. Therefore, the recovery period was notable due to rapid reforms, and the economic peak reflected the consequences of the government’s oil-driven economic growth. However, stagnation and the post-boom period hit the Azerbaijani economy with full force, and revealed the harsh reality of oil dependency. In other words, the sustainability of the Azerbaijani economy seems to be below average as the growth of the main macroeconomic indicators are both highly and positively correlated with the oil industry and its many-sided effects. Extractive industries are non-renewable and rapidly exhausted. The commodity prices are highly volatile, and many political regimes of the oil-rich countries improperly manage windfall revenue. The future policy concerns of the Azerbaijani government officials should focus on rechanneling the available economic and institutional resources to address the lagging performance of the non-oil tradable sectors in the future. Otherwise, a wider and deeper recession will be unavoidable.

Oil Boom, Manufacturing Sub-Sectors and Dutch Disease in Selected Oil-Rich Countries

Oil Boom, Manufacturing Sub-Sectors and Dutch Disease in Selected Oil-Rich Countries

Youth and Migration Aspiration in Kerala

The emergence of oil production in Gulf countries and the subsequent oil boom in the 1970s led to massive migration from Kerala to Middle East Gulf countries as part of the post-industrial migratory order. The Gulf countries and their opportunities became an integral part of Kerala's youth life while developing future goals and aspirations. This paper provides insight into the migration aspiration of the youth from Kerala and their awareness of migration. A questionnaire survey was conducted in the second half of 2019 in Calicut, Kerala. The sample consisted of 491 students. Most youths are aware of gulf migration through their family, friends and media. Two out of three youths aspire to migrate abroad in future for a job and related activities. Surprisingly, in Kerala, youth with migrant fathers don't aspire to migrate than youth with non-migrant fathers. While having a migrant friend shows a higher likelihood of aspiration to migrate among youth. In the case of Kerala, in the coming 10 to 20 years, migration will continue as a potential life choice for achieving life goals for youth in Kerala. Policies should promote awareness about migration and facilitate a secure and safe migration for youths.

Oil, fish, and livelihoods: Narratives of hydrocarbon benefits and gendered relations in Ghana

Oil and gas discovery in Ghana since 2007 has attracted the interest of many international and local actors, including transnational corporations. Despite an expected ‘oil boom’, the industry has perpetuated exclusion and poverty in communities in the neighbourhood of extractive activities in a manner that is particularly gendered, which is a reflection of the enclaved and exclusionary nature of the industry. This paper employs the theoretical framing of feminist political ecology to examine the gendered disparities in the sharing of benefits and access to coping mechanisms. The paper relies on data from fieldwork conducted in Ghana in 2019 to explore how the power and agency of varying stakeholders result in differentiated impacts of the hydrocarbon industry on communities. We present evidence suggesting that gendered inequalities – which are further sustained by entrenched local cultural practices and norms – determine who has access to, manages, and uses resources in a particular context. Considering that the gendered and intersectional impacts of mainstream economies remain poorly understood, this paper contributes to the existing scholarship on both the outcomes of Ghana's hydrocarbon industry and feminist political ecology theorizing.

Nigerian economic growth: Dependence of agricultural development on oil exploration

The implication of oil industries in Nigeria on the development of her agricultural sector was evaluated in this study. Oil exploration in Nigeria dates back to 1937 and has seen the rise of numerous oil industries in oil-producing states of the country. However, the oil boom has ushered various drawbacks to other key sectors of the Nigerian economy, such as the agricultural sector. This research therefore investigated at the operations of the oil as it affects the country’s agricultural sector and the economic development in general. Data were collected by questionnaire, interview, and observation in a 24-person sample size, while the study area is in the oil-producing states of Nigeria. The results revealed that oil industry employed less than 10% of the work force of the aggregate economy respectively where as 49% are self-employed as farmers, petty traders. Overall, food production declined in the country due to year of neglect on the agricultural sector, coupled with lack of policies and strategies to diversify the Nigerian economy. It is therefore expected that the findings of this study will provide more insight into the crucial need to re-vitalize the agricultural sector of Nigeria to ensure food security for her ever-increasing population.

AFTER HYDERABAD’S 1948 ANNEXATION: MUSLIM BELONGING AND HISTORIES OF THE LONG PARTITION

ABSTRACT This paper revisits the violent annexation of the erstwhile princely state of Hyderabad by the Indian army in 1948 as an inaugural moment of dispossession to reconstruct Hyderabad's twentieth century past along the axes of Muslim belonging and memory. I argue that we must situate twentieth and twenty-first century Hyderabadi Muslim migration in relation to Partition-related displacements and attempts to overcome them through economic conditions provided by migration. The partition of India prompted waves of migration—such as the later migration of Hyderabadi Muslims to the Persian Gulf in the wake of 1970s oil boom—and their sense of displacement persisted long past the mid-twentieth century, reshaping Muslim notions of belonging. The use of the nation-state as the dominant framework to analyze these shifts is insufficient for understanding Hyderabadi Muslims' sense of belonging and citizenship, which must be also contextualized in terms of upward class mobility along the axes of global and local contexts.

Ahmadov V.

This paper evaluates the financial policy of oil-exporting Azerbaijan in the recent oil boom and bust period. Analysis of fiscal policy evaluates the fiscal sustainability and efficiency of government spending to upgrade domestic economy. Monetary policy evaluation measures the effect of the exchange rate policy on competitiveness of non-oil economy and capacity of Azerbaijan government to sustain macroeconomic stability in the oil-shock period. The share of the oil revenue in government budget increased significantly, and budget spending is directed to physical investment while investment in human capital in the form of health, education and social spending lagged behind. Aside from currency crises in 2015, macroeconomic stability has been under control, but fixed exchange rate policy impeded the competitiveness of non-oil sector and caused Dutch disease.

Rumours as Anticipatory Knowledge in a Future Petro-State

Building on ethnographic research in Uganda, this paper discusses the mundane practice of rumour mongering and gossiping as anticipatory practices. Crude oil discovery in Uganda brought a small oil boom to the region endowed with the natural resource including some infrastructure development and the presence of foreign oil exploration and construction companies. With these companies came (young) men working for them or aspiring to get employed. However, as the development of the oil remained in a phase not-yet-ness, a temporal space opened for rumours about the oil and anyone involved with it to flourish in the oil region. Especially, since information on the (national) development of the oil project was scarce. The rumours used familiar tropes such as gender stereotypes or witchcraft to relate to the presence of foreign or at least non-local casual workers. Ugandans living in the oil region wondered what negative repercussions the boom might have for them and viewed the strangers with suspicion. During my fieldwork, I encountered rumours of wife-snatching, sexual harassment and even human sacrifice. This paper argues that these rumours can be understood as risks narratives or the sharing of anticipatory knowledge. The rumours were not only reflections of the past but were told in anticipation of the dark side of the future.

DAMPAK EKONOMI TERHADAP MORATORIUM PENGIRIMAN TKI KE TIMUR TENGAH ERA JOKOWI

The world oil boom in the 1970s and its peak in the 1980s made Middle Eastern countries rich in petrodollars. The impact is job seekers around the world to try their luck there. Many job seekers become labor (laborers), both in the formal and informal sectors, including Indonesian Migrant Workers (TKI). But unfortunately, almost all of these migrant workers work in the informal sector by working as domestic workers, especially women, manual workers, or as drivers for male migrant workers Humans in the jahiliyah period, especially in Arabia, were divided into many strata, which from one level to the next, had a form of power. Slaves, being the lowest strata, even their human values are not fully recognized, because they are considered human beings who are not free. So the owner, can do anything to themselves, without being limited by norms and ethics. Jokowi's desire for a memoratorium for TKI workers is very strong stems from the many cases of abuse experienced by several workers who come from Indonesia. Then whether Jokowi's policy of wanting a TKI memoratorium has a good impact or is it the opposite, seeing from another perspective, TKI are also heroes of state foreign exchange.

Boom Town Business Dynamics

The U.S. shale oil and gas boom provides a unique opportunity to study economic growth in a “boom town” environment, derive insights about labor market expansions more generally, and identify the causal effects of economic growth on specific margins of business adjustment. Creation of new establishments—separate from expansion of existing establishments—accounts for a disproportionate share of the multi-industry employment growth sparked by the shale boom, an intuitive but not inevitable empirical result that is consistent with models of firm dynamics. New firms, in particular, contribute nearly half of the cumulative employment growth resulting from the shale boom.