What is Oil 101?

What is Oil 101?

OIL 101 explains the nuts and bolts of the oil business, from its composition on a molecular level, to an analysis ofmarket players; from refining economics, to trading. We all face difficult decisions regarding energy policy and our own futures. Those decisions should be informed ones. OIL 101 is an essential read for oil producers and consumers.

What is Morgan Downey’s Oil 101?

It is Morgan Downey’s “Oil 101” …It differs from them, however, both in being focused not just on oil, but also in explaining more of the financial matters that play such a significant part in the price we pay for oil and thereafter for the gas that goes into the tank. …This is useful not just to the neophyte.

Is the book on unconventional oil dated?

However, the book is written in ’09 and the information is dated, especially parts about declining rates and unconventional oils. A lot has changed about technology and production costs and the book in general writes off unconventional oil as a whole for the uneconomical nature (at the time).