Global Oil and the Nation State

Abstract

I. The Governance of Private Mineral Resources Economic Science and Natural Resource Ownership II. Case Studies: British Coal, American and Mexican Oil British Coal American Oil (1860s-1970s) Mexican Oil (1880s-1970s) Conclusions III. The Governance of Publicly Owned Mineral Resources Non-Proprietorial Governance Proprietorial Governance Ricardian Rent Theory and Taxation Politics and Natural Resource Ownership IV. The International Oil Companies as Tenants Oil Concessions in Venezuela Oil Concessions in the Middle East The Fifty-Fifty Profit Sharing System The Failure of Compromise V. The Oil-Exporting Countries Oil Prices and Production Control Oil Prices and Fiscal Regimes Declaratory Statements of Petroleum Policy The OPEC Revolution The Sovereign Landlords VI. The Consuming Countries The International Energy Agency International Investment Treaties and Natural Resources VII. The National Oil Companies in the Exporting Countries Case Studies: United Kingdom, Alaska, and Venezuela VIII. The Governance of Oil Private Governance Public Governance International Governance Global Oil and Territorial States.

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